Hot stocks for Thursday Sep 30
( click to enlarge )Starting with SOL, on the daily chart the present uptrend is getting confirmed as the days go on. The major trend is still bullish as we can see on the chart above. The bias is Bullish in nearest term. Immediate support remains at $11 followed by $10.28. I'm using today’s high of $12.29 as resistance for tomorrow. A break above that area could trigger further bullish momentum towards $13.
( click to enlarge )Canadian Solar Inc. (NASDAQ:CSIQ) was one of the big winners on Wednesday. The technical indicators are looking better now for the stock. CSIQ has broken the horizontal resistance line with heavy volume and looks like it will continue to run up. Looking at the daily technical chart the stock has just entered into a short-term bull market as the stock is on top of 20 day and 50 day moving averages. Other technical indicator such as MACD, is above 0 showing positive momentum while KD line also show buy signal as %K line is on top of %D line. Technically speaking the stock is now painting a “Bullish” picture. The share price is likely to move to the target zone of the 17-17.69 range.
( click to enlarge )JA Solar Holdings Co., Ltd. (NASDAQ:JASO) broke out on Wednesday and made a new 52-week high of $9.26. I'm keeping JASO on the list for the continuation move. The stock had big buyers in it all day and looks ready to make another move on Thursday. The technical chart shows a continuation of the trend with MACD and RSI in the Bullish areas. Watch the stock closely tomorrow and once it breaks $9.26, get ready to jump in and buy the stock.
( click to enlarge )Lihua International, Inc. (NASDAQ:LIWA) - As long as the stock holds above the $8.35 support level the intermediate-term picture should remain positive. LIWA has made a transition from down trend to uptrend. The short-term trend is bullish and a move to the $9.11 appears likely.
( click to enlarge )Generex Biotechnology Corporation (NASDAQ:GNBT) had a nice surge a few days ago and has been in the process of consolidating. The stock is displaying upside momentum again and is poised to move higher from these levels. Nearest resistance for the stock is at $.53. If this level is crossed and the stock is able to sustain above this level, then it might go to $.62. On the downside, the stock has support at $.48. The stock is currently in a new uptrend. I feel this stock will easily make a strong move to the upside.
Other Stocks to watch
CRIS - Curis - Watching for a close above $1.43.
F - Ford - Watching for a close above $12.75.
LDK - LDK Solar - The stock broke a key resistance level on a volume expansion. Watching for a close above $10.84
ZION - Zions Bancorporation - Watching for a close above $21.08( 200-dma ).
AIB - Allied Irish Banks, plc. (ADR) - Watching for a close above $1.76.
CTIC - Cell Therapeutics, Inc. - Watching for a close below $.385
JASO - Jaso Solar appears to be holding the 200 dma nicely. A break above $3.99 would be bullish.
OSIR - Osiris Therapeutics, Inc. - The stock broke a key resistance level at $6.68 ( 200-dma ). Watching for a close above $7.
RMBS - Rambus can pop big time on any positive news.Banner Corporation (NASDAQ:BANR) - Watching for a close above $2.34.
Earnings Announcements for Thursday
Accenture - ACN
Aehr Test Systems - AEHR
Agria Corporation - GRO
AUTHENTIDATE HLDG CORP - ADAT
AZZ Incorporated - AZZ
Charles River Associates - CRAI
Christopher & Banks - CBK
DemandTec, Inc. - DMAN
Lawson Software, Inc. - LWSN
Leading Brands - LBIX
McCormick & Company, Inc. - MKC
MSCI INC - MSCI
Resources Global Professionals - RECN
Signalife Inc. - SGN
Smart Modular Technologies - SMOD
New 52-week High stocks
ALTR - Altera Corporation
JASO - JA Solar Holdings C
LDK - LDK Solar Co Ltd
MO - ALTRIA GROUP
FDO - FAMILY DOLLAR STORES
ATML - Atmel Corporation
SLW - Silver Wheaton
KEI - KEITHLEY INSTRUMENTS
AMZN - Amazon.com, Inc.
CAT - Caterpillar Inc
SOL - Renesola Ltd
PM - Philip Morris International
XL - Xl Group Plc
IBM - INTERNATIONAL BUSINESS
SOLF - Solarfun Power Hold
LALLF - Lyondell Basell Ind
CHKP - Check Point Software
SWKS - SKYWORKS SOLUTNS
FNSR - Finisar Corporation
FMCN - Focus Media Hldg
IVN - IVANHOE MINES LTD ORD
COST - Costco Wholesale Co
ENTR - Entropic Communication
OCLR - Bookham Technology plc
PCS - MetroPcs Communication
VSH - Vishay Intertechnology
KMX - CarMax Inc
TEN - Tenneco Inc
MCHP - Microchip Technology
EWY - WEBS South Korea
CMS - C M S ENERGY CORP
UNP - UNION PACIFIC CORP
NANO - Nanometrics Incorporation
NG - NOVAGOLD RESOURCES INC
CCE - COCA COLA ENTERPRISE
LXK - Lexmark International
WSM - WILLIAMS SONOMA INC
ROVI - Macrovision Corporation
CCI - Crown Castle International
TRW - TRW AUTOMOTIVE HLDG
CTSH - Cognizant Technolog
TTM - TATA MOTORS LTD ADS
DVA - DaVita Inc
ADTN - ADTRAN, Inc.
BWA - BorgWarner Inc
POM - Potomac Electric Po
SMTC - Semtech Corporation
SDRL - SEADRILL LTD
EPD - ENTERPRISE PRODUCTS
DLTR - Dollar Tree Inc
HOGS - Strong Technical Inc
LLNW - Limelight Networks Inc
APKT - Acme Packet Inc
JOYG - Joy Global Inc
ETN - EATON CORP
LULU - lululemon athletical
INCY - Incyte Genomics Inc.
JKS - JINKOSOLAR HOLDINGS
PAAS - Pan American Silver
EMN - EASTMAN CHEMICAL CO
VHC - PASW Inc.
ERF - Enerplus Resources
SBAC - SBA Communications
AEZ - AMER OIL & GAS INC
LINE - LINN ENERGY LLC UTS
INFY - Infosys Technologies
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.
Good luck to all,
AC
