( click to enlarge )Shares of KLAC have begun to post lower highs and are on the verge of breaking support at the $28.21. The weak outlook would be negated on a close above $30.12. A close above this level would warrant liquidation of short positions.
( click to enlarge )Currently BAC has support near $14.86 and again at $14.42. Given the bearish turn in the technical indicators I suspect the stock may be ready to breakdown into a new trend lower. Stay tuned.
( click to enlarge )BIDU is another stock that is rising with a bullish trend of higher lows. Volume on Monday's gain was below average but the stock closed back above its 5-dma. Short-term technicals are turning positive. Hold your current position with a stop at $66.
( click to enlarge )After the initial drop GNBT rallied back to close at $0.38 recovering all the losses of the day. Maybe the fact that the stock closed above the support again at $0.37, was a good sign. In addition, short-term technical indicators are improving and the MACD on the daily chart recently produced a new buy signal. If the stock can break Monday’s high, we should see a strong follow through move. GNBT will move very quickly, so keep a very close eye on the stock.
Bullish Reversal Alert
ACUR Acura Pharmaceuticals, Inc.
ASMI ASM Intl N.V.
AVNW Aviat Networks Inc.
BRCD Brocade Communications Systems, Inc.
BRKR Bruker Corp.
CA CA Inc.
CAEI China Architectural Engineering, Inc.
CNMD CONMED Corp.
CPSI Computer Programs and Systems Inc.
CVVT China Valves Technology Inc.
CXDC China XD Plastics Co. Ltd.
DLLR Dollar Financial Corp.
EBAY eBay, Inc.
FBCM FBR Capital Markets Corp.
FMER FirstMerit Corp.
GXDX Genoptix Inc.
HMSY Health Management Systems, Inc.
LFUS Littelfuse, Inc.
MYRG MYR Group, Inc.
NWSA News Corp. Ltd.
OPLK Oplink Communication, Inc.
PSUN Pacific Sunwear of California, Inc.
RGEN Repligen Corp.
SMOD SMART Modular Technologies Inc.
SUPG SuperGen, Inc.
TEVA Teva Pharmaceutical Industries Ltd.
UTIW UTi Worldwide Inc.
VISN VisionChina Media Inc.
WFSL Washington Federal, Inc.
WGBS WaferGen Bio-systems, Inc.
WMAR West Marine, Inc.
Earnings Announcements for Tuesday
AutoZone Inc. - AZO
Convio - CNVO
Cracker Barrel Old Country Store, Inc. - CBRL
DANAOS CORP - DAC
DSW Inc. - DSW0
Dycom Industries - DY
Elbit Imaging Ltd. - EMITF
Flowers Foods - FLO
HEICO - HEI
Hutchison Telecommunications International Limited - HTX
ITURAN LOCATION & CONTROL- ITRN
Ixys Corporation - IXYS
Medtronic Inc. - MDT
NETEZZA CORP - NZ
Palm Harbor Homes - PHHM
Partner Communications - PTNR
Pointer Telocation Ltd - PNTR
Pulaski Financial - PULB
ROYAL STD MINERALS INC - RYSMF.OB
SALARY.COM INC - SLRY
Sanderson Farms - SAFM
Sino-Global Shipping Agency Limited - SINO
Sociedad Quimica y Minera de Chile SA - SQM
Stanley, Inc. - SXE
Tefron - TFRFF.OB
TIVO INC - TIVO
Trina Solar Limited - TSL
TTI Telecom - TTIL
WSP Holdings Ltd - WH
Unusual Volume
SCLL - Stem Cell Innovations, Inc.
BRCD - Brocade Communications
CRM - SALESFORCE.COM INC
EXPU - Expert Group, Inc.
CRGO - Cargo Connection Logistics Holding, Inc.
EESO - Enzyme Environmenta
OEH - ORIENT-EXPRESS HOTE
CLDX - Avant Immunotherapeutics
AZSEY - ALLIANZ Se
RRGB - RED ROBIN GOURMET B
VRGY - Verigy
WOLV - Wolverine Exploration
AMNG - The Amergence Group
NTMG - NT Mining Corp
DLIA - DELIAS INC
BELM - Bell Microproducts
GETG - Green Earth Technol
ROYE - World Marketing Inc
ALYI - Alternet Systems Inc
ADLR - Adolor Corp
SCC - UltraShort Consumer
BHPLF - BHP BILLITON LTD
SHMN - SOHM Inc
ZBB - ZBB Energy Corp
WSTM - Workstream Inc.
CBRX - Columbia Laboratories
FLOW - Lava Flow Inc
TAON - Tao Minerals
HIBB - Hibbett Sports
NDSN - Nordson Corporation
CEMI - TRADING SOLUTIONS
PROJ - Deltek Inc
EURX - Eurand NV
ICRD - Inetevents Inc
LQDT - LIQUIDITY SERVICES
LUNMF - LUNDIN MNG CORP
WLBC - Global Consumer Acq
SONO - SonoSite, Inc.
SNCTO - SOVEREIGN CAP TR IV
GARB - Garb Oil & Powe.
CXE - Mfs Hi Incm Muni
ALIZF - Allianz AG
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.
That's all folks. See you tomorrow !!!
AC
