( click to enlarge )The stock had today a moderate bullish momentum but failed to cross above its 50-day moving average. Looking at the technical chart the bias remains neutral in nearest term however the chart is showing possible buying opportunity as %K line has just crossed on top over %D line again. Immediate resistance is now at $19.31. A Break above that area could trigger further upside testing the major resistance ( 200 MA). On the downside, another movement below $18 could trigger further downside attempt re-testing $18 area.
( click to enlarge )DRYS continues to move higher as the stock closed up $.08. Looking at the technical chart there looks to be more upside. Resistance is now $5. If the stock breaks resistance, we could see a quick move up to the $5.52 level as traders like buying this stock. Keep the stock on your radar for the next week.
( click to enlarge )AONE pulled back a bit today, after consolidating the past few days.I still feel the stock is setting up for another breakout move, which should occur after the earnings report. Resistance is $11.48, which was yesterday’s high. Short term bias remains neutral to bullish but still within a strong technical bullish context ( ascending triangle ). We need a consistent move above 11.48 to continue the bullish scenario.
( click to enlarge )BANR tried to break down today but buyers came in to support and the stock closed near highs of the day. This is an excellent bullish sign, which is why I will be watching the stock on Monday. Resistance for this move is $2.43, which was the high from last Monday and the top of this short-term range. BANR will move very quickly, so keep it on your screen next week.
Other stocks to watch :
New 52-week High stocks
CROX - CROCS INC
ATML - Atmel Corporation
CMS - C M S ENERGY CORP
VOD - Vodafone Gp Plc
MO - ALTRIA GROUP
DD - DUPONT E I DE NEMOU
SOLR - GT Solar International
CTXS - Citrix Systems, Inc.
AMT - AMERICAN TOWER CORP
BWA - BorgWarner Inc
PCLN - priceline.com Incorporation
D - DOMINION RESOURCES
TRW - TRW AUTOMOTIVE HLDG
ED - CONSOLIDATED EDISON
MGA - MAGNA INTL INC CL A
CHRW - C.H. Robinson World
CCI - Crown Castle International
FMCN - Focus Media Hldg
MELI - MercadoLibre Inc
ALKS - Alkermes, Inc.
AZN - ASTRAZENECA PLC
ILMN - Illumina, Inc.
MIPS - MIPS Technologies
LFL - Lan Airlines
HLF - HERBALIFE LTD
TRE - TANZANIAN RY EXP
EPB - EL Paso Pipeline
LIHR - Lihir Gold, Limited
New 52-week Low stocks
MHS - MEDCO HEALTH SOLUTI
WDC - WESTERN DIGITAL CORP
APOL - Apollo Group, Inc.
MFC - MANULIFE FINANCIAL
ELX - Emulex Corporation
COCO - Corinthian Colleges
CHS - Chicos FAS Inc
PBI - PITNEY BOWES INC
DV - DEVRY INC
ESI - I T T EDUCATIONAL SVCS
ISIL - Intersil Holding Co
NILE - BLUE NILE INC
PMC - Pharmerica Corp
UNTD - United Online Inc
PVA - PENN VIRGINIA CORP
TKLC - Tekelec
LINC - LINCOLN EDUCATIONAL
CCC - CALGON CARBON CORP
RHB - REHABCARE GROUP INC
List of stocks whose MACD crossed above 0
AIG - AMERICAN INTERNATIONAL
VZ - Verizon Comm
ADM - ARCHER DANIELS MIDL
TLAB - Tellabs, Inc.
RIG - Transocean Ltd
TXN - TEXAS INSTRUMENTS INC
EBAY - eBay Inc.
MTG - M G I C INVT CORP WIS
CMS - C M S ENERGY CORP
USB - US Bancorp
PCS - MetroPcs Communications
HAL - HALLIBURTON CO HLDG CO
POT - POTASH CORP SASKATC
MO - ALTRIA GROUP
GILD - Gilead Sciences, Inc.
DOW - DOW CHEMICAL CO
JBL - JABIL CIRCUIT INC
KR - KROGER CO
COP - ConocoPhillips
MET - METLIFE INC
GNA - GERDAU AMERISTEEL CP
ATPG - ATP Oil & Gas C
KEY - KEYCORP
HST - HOST MARRIOTT CORP
KO - COCA COLA CO
CVX - Chevron
MS - Morgan Stanley
XRX - XEROX CORP
MON - Monsanto Co
BIDU - Baidu Inc
WIN - Windstream Corp
VLO - VALERO ENERGY CORP NEW
EP - EL PASO CORP
MEE - Massey Energy Co
CBS - CBS Cl B
WMT - Wal-Mart Stores Inc
GS - GOLDMAN SACHS GROUP
DIS - DISNEY CO WALT HLDG CO
BBD - BANCO BRADESCO SA ADS
AXP - AMERICAN EXPRESS CO
ABT - ABBOTT LABORATORIES
WMB - WILLIAMS COS INC
DD - DUPONT E I DE NEMOU
AES - A E S CORP
ADSK - Autodesk, Inc.
SNDK - SanDisk Corporation
LCC - US AIRWAYS GROUP INC
DTV - Directv A
HTZ - Hertz Global Holdings
M - FEDERATED DEPARTMEN
UNH - UNITEDHEALTH GROUP INC
AKS - A K STEEL HOLDING CORP
ALTR - Altera Corporation
MCD - MCDONALDS CORP
SLE - SARA LEE CORP
BRCM - Broadcom Corporation
IP - INTERNATIONAL PAPER CO
PPL - PPL CORPORATION
AET - AETNA INC
Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.
Have a nice weekend,
AC
