Let's take a look at MOT and see if the stock is worth buying.
- The technical chart shows the stock is on a bull market as the stock is trading above both the 50-day and 200-day moving average. - The 50-day moving average in mid of August has crossed on top over 200-day moving average to form Golden Cross - KD line crossing upward - Institutions have been buying the stock in the last quarter - RSI shows the stock may be ready for a rebound
The stock has been one of the strongest stocks the past month as it has traded from $6.36 in July, up to $8.18 in mid-August. The stock has pulled back to the $7.50 range and seems to be setting up for another upside move. I'm a buyer of MOT once it breaks $7.58. ( click to enlarge )
GIGM broke out today, and I am looking for a continuation move on Thursday. Heavy volume came in as GIGM broke through its resistance level of $2.05. From the technical chart it looks like GIGM is ready for another rally as %K line is on top of %D line indicating buy signal. In addition, the stock is back above 50-day moving average again, another positive sign. ( click to enlarge )
After a solid breakout on rising volume GNBT has pulled back to support near $.40 and should set up for its next upside move. The stock might trade in a tight range in the next sessions, but I will continue to watch in case it makes a move. The resistance level stays at $.491. Keep watching GNTB for the next few trading sessions. Other stocks to watch : New 52-week High stocks
UNH - UNITEDHEALTH GROUP INC PAY - Verifone Systems PAR - 3PAR Inc PCG - P G & E CORP HLDG CO MEND - MICRUS ENDOVASCULAR PTP - Platinum Underwrite ITC - ITC HOLDINGS CORP
New 52-week Low stocks
BAC - BANK OF AMERICA CORP INTC - Intel Corporation WFC - WELLS FARGO & CO CSCO - Cisco Systems, Inc. AMAT - Applied Materials HPQ - HEWLETT-PACKARD CO CX - CEMEX S.A. YHOO - Yahoo! Inc MDT - MEDTRONIC INC SCHW - Charles Schwab Corp VLO - VALERO ENERGY CORP NEW STX - Seagate Tech FLEX - Flextronics International IP - INTERNATIONAL PAPER CO HIG - Hartford Financial SPLS - Staples, Inc. ONNN - ON Semiconductor Co BBT - BB&T CORPORATION ECA - EnCana Corp MWW - Monster Worldwide Inc GT - GOODYEAR TIRE & RUB SWN - SOUTHWESTERN ENERGY CO BBY - BEST BUY CO INC CNX - CONSOL Energy Inc MFC - MANULIFE FINANCIAL WDC - WESTERN DIGITAL CORP TMO - Thermo Fisher Science NUE - NUCOR CORP GD - GENERAL DYNAMICS CORP RRC - Range Resources Corp JBL - JABIL CIRCUIT INC ITW - ILLINOIS TOOL WORKS ALL - ALLSTATE CORP SPWRA - SUNPOWER CORPORATION WY - WEYERHAEUSER CO HRB - BLOCK H & R INC IGT - INTERNATIONAL GAME STP - SUNTECH POWER HOLDINGS PBCT - People's Bank UPL - ULTRA PETROLEUM CP SVU - SUPERVALU INC NRG - NRG Energy Inc FII - FEDERATED INVESTORS TC - BLUE PEARL MINING LT NXY - Nexen Inc COG - CABOT OIL & GAS CORP AUO - AU OPTRONICS CORP AVT - AVNET INC CECO - Career Education Co RRD - Donnelley (RR) & Sons RS - RELIANCE STEEL & AL PBI - PITNEY BOWES INC ITT - ITT Corp CSC - COMPUTER SCIENCES CORP VMC - VULCAN MATERIALS CO BYD - BOYD GAMING CORP QLGC - QLogic Corporation EQT - EQT Corporation MWV - MEADWESTVACO CORP STO - Statoil ASA OSK - Oshkosh Corp HLX - Helix Energy Solutions IRM - IRON MOUNTAIN INC RY - ROYAL BANK OF CANADA IM - INGRAM MICRO INC CTV - COMMSCOPE INC GRMN - Garmin Ltd CRK - COMSTOCK RESOURCES INC STM - STMicroelectronics NV QGEN - Qiagen N.V.
MACD Bullish Cross
SOMX - SOMAXON PHARMACEUTIC WMT - Wal-Mart Stores Inc TLAB - Tellabs, Inc. JCP - PENNEY J C CO INC WNBD - Global E Tutor, Inc. OLNK - OneLink Corporation PAY - Verifone Systems PCS - MetroPcs Communications HL - HECLA MINING CO KSS - KOHLS CORP CWTR - Coldwater Creek, Inc. COST - Costco Wholesale Co XDSL - mPhase Technologies PCG - P G & E CORP HLDG CO YUM - TRICON GLOBAL REST INC DPS - DR Pepper Snapple G LO - Lorillard Inc AVII - AVI BioPharma, Inc. ISIL - Intersil Holding Co SHW - SHERWIN WILLIAMS CO TLB - TALBOTS INC ANAD - ANADIGICS, Inc.
MACD Bearish Cross
BSX - BOSTON SCIENTIFIC CORP M - FEDERATED DEPARTMENT WAG - WALGREEN CO ADI - ANALOG DEVICES INC CMS - C M S ENERGY CORP NFLX - Netflix, Inc. SFIO - SMOKEFREE INNOTEC INC IBN - Icici Bank Ltd AU - Anglogold Ashanti L TTM - TATA MOTORS LTD ADS POM - Potomac Electric Po KG - KING PHARMACEUTICAL TSN - TYSON FOODS INC CL A WCRX - Wrner Chil Plc A VTG - Vantage Drilling AOD - ALPINE TOTAL DYNAMIC
QASP - Quasar Aerospace Industries, Inc. DTRO - Deltron Inc SNDY - Solos Endoscopy, Inc. SOMX - SOMAXON PHARMACEUTIC CEMJQ - Chemtura Corporation PCFG - Pacific Gold Corp. HCKI - Wisebuys, Inc. BNYN - Banyan Corp. TXHE - Texhoma Energy, Inc. OXIS - Oxis Interntnl CWTR - Coldwater Creek, Inc. GIGM - GigaMedia Limited PBEC - Pacific Blue Energy AMRN - Amarin Corporation SPU - SKYPEOPLE FRUIT JUICE SNEYD - Sunergy Inc GISV - Uintah Mtn Copper Co PTSEF - POINTS INTL LTD CCRT - Comp Cr Hldg Crp SHMN - SOHM 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.