( click to enlarge )Peabody Energy Corporation (NYSE:BTU) had a strong day today closing near its highs of the day on strong volume. Additionally, the stock closed above its major moving averages and the accumulation/distribution chart showed strength in this movement. It looks like investors are starting to load up at this level. The breakout should take this stock to over $30.
( click to enlarge )The stock moved up to trigger my buy at $7.74. Alpha Natural Resources, Inc. (NYSE:ANR) surged on strong volume today, but pulled back a bit at the close to close at $8.07. With MACD above the signal line and with stock above 20-day and 50-day moving average the stock may see more up side.
( click to enlarge )Dendreon Corporation (NASDAQ:DNDN) gained over 6% today on better than average volume. The good news here is that stock is getting closer to break its 200-day MA at 4.74.
( click to enlarge )Crocs, Inc.(NASDAQ:CROX) was up 2 cent today to $13.30. No changes from my previous post. My first target remains at $14 and the stop loss remains at $12. After the market's close, Imperial Capital Initiated coverage on Crocs, Inc. with an Outperform and a price target of $16.00. That's good news for tomorrow.
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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.
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