( click to enlarge )GIGM closed slightly higher on Thursday, as the stock is trying to break out of a Bull flag. The trading range has a top of $3.24. Once the stock breaks through this resistance level, there should be a strong upside move as this is one of the few stocks yet to make a move. GIGM is an old favorite of traders, which will help the stock move. Watch it on Friday.
( click to enlarge )The stock managed to hold up pretty well on Thursday above the support. CSIQ has buyers, as it has not wanted to go down. Resistance is $26,26, which was Wednesday’s high of the day. If the stock can break through resistance, the stock should move higher. The tricky part about trading CSIQ is that it rarely runs in a straight line. There are many scalpers in CSIQ, so be prepared for a breakout, pullback and then another upside move.
( click to enlarge )SOLF - Solarfun Power Holdings shares are making consistent steps upward. Indicators such as RSI and MACD still showing strong confidence and optimism in stock. I think the stock should keep going up.
Other stocks to watch :
DRYS - DryShips, Inc. - Watching for a close above $6.48
CTIC - Cell Therapeutics, Inc. - Watching for a close above $0.65
PLUG - Plug - Chart looks bullish. Keep an eye for a possible breakout over $0.74
SOMX - Somaxon has been going straight up for the last few months, and when anything goes straight up for a while it needs to have a correction
Earnings Announcements for Friday
Acusphere Inc. - ACUS.PK
Anesiva Inc. - ANSV
Aspyra, Inc - APYI.PK
Blue Dolphin Energy - BDCO
Blyth Inc. - BTH
BSD Medical Corporation - BSDM
Champion Enterprises, Inc. - CJHBQ.PK
Cherokee - CHKE
CHINA PHARMACEUTICAL GROUP LTD - CHPTY.PK
Columbia Bancorp - CBBO.PK
COMMUNITY BANCORP NEV - CBON.PK
Constellation Brands, Inc. - STZ
Constellation Energy Group, Inc. - CEG
DYNAMIC RESPONSE GP INC - DRGZ.OB
Elan Corporation, plc - ELN
First Regional Bancorp - FRGB.PK
FirstFed Financial - FFEDQ.PK
Futuremedia PLC - FMDAY.PK
FX REAL ESTATE & ENTMT INC - FXRE.PK
Glacier Water Services - GWSV.PK
HELICOS BIOSCIENCES CORP - HLCS
Hemiwedge Industries, Inc. - HWEG.PK
Horizon Financial - HRZB.PK
Imaging Diagnostic Systems, Inc. - IMDS.OB
Irwin Financial - IRWNQ.PK
KEYON COMMUNICATIONS HLDGS INC - KEYO.OB
Koza Anadolu Metal Madencilik Isletmeleri A.S. - KDMIF.PK
La Jolla Pharmaceutical Company - LJPC.PK
Le Chateau - SUTU.PK
NASB Financial, Inc. - NASB
NATURAL HEALTH TRENDS CORP - BHIP.PK
Network-1 Security Solutions - NSSI.OB
Northern Technologies International Corporation - NTIC
NORTHSTAR NEUROSCIENCE INC - NSTR.PK
Northwest Pipe Co. - NWPX
PROLINK HOLDINGS CORP - PLKH.PK
Protein Polymer - PPTI.PK
PT Telekomunikasi Indonesia Tbk - TLKMF.PK
PURECYCLE CORP - PCYO
RAM HOLDINGS LTD - RAMR.PK
SAMARITAN PHARMACEUTICALS - SPHC.PK
Shaw Communications - SJR
The SCO Group - SCOXQ.PK
TIERONE Bank - TONE
TLC Vision Corp. - TLCVQ.PK
TRAVELSKY TECHNOLOGY LTD - TSYHF.PK
TSINGTAO BREWERY CO LTD - TSGTY.PK
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's all for today.
AC
