( click to enlarge ) Expedia Inc (NASDAQ:EXPE) broke through resistance at $49.12 accompanied with high volume. The stock hit a high of $50.23, which is now resistance for Monday’s continuation move. If the stock can break through resistance, we should see another strong upside move. EXPE will move very quickly, so watch the stock closely next week.
( click to enlarge ) A move on Zalicus Inc (NASDAQ:ZLCS) above $1.37 could spark a nice short-squeeze. The stock had a nice surge on Friday and has been in the process of consolidating. ZLCS is displaying upside momentum again and is poised to move higher from these levels. Nearest resistance for the stock is at $1.37. If this level is crossed and the stock is able to sustain above this level, then it might go to $1.54. On the downside, the stock has support at $1.20. There should be room for another leg upward once the stock digests this small correction. ( click to enlarge ) I like the flat base breakout on Dollar General Corp. (NYSE:DG) today with nice volume. The stock has been in a nice uptrend for the last six months and it looks very strong with both 50 day and 200 day moving average going up while MACD is still above 0. I 'd like to see some upside continuation next week. ( click to enlarge ) Extremely bullish moves on Osiris Therapeutics, Inc. (NASDAQ:OSIR) are taking place over the last session’s. Volume continues to be strong on this move up, which is very positive. The stock hit a new 52-week high of $9.4 which is now resistance for monday’s continuation move. If the stock can break through resistance, we should see another strong upside move. OSIR will move very quickly, so watch the stock closely next week. ( click to enlarge ) PulteGroup, Inc. (NYSE:PHM) With today's action, the stock closed above the downtrend line and its 50-day MA, but the margin is close enough to leave plenty of doubt. Now, the stock needs to stay above that line and its 50-day MA to convince the bears to shed their costumes and join the bull crowd. Looking at the chart I continue to see some resistance at 9.23 and further resistance at 9.5. Once these levels are cleared on heavy volume the bulls will have won the tug of war and we will again resume the bull phase. Additonally, the stock has finally got a bullish macd cross. Stay tuned on PHM. During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.
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