( click to enlarge ) Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) hit a new 52-week high on Friday, trading as high as $14.50, before settling at a close of $14.42. I'll be watching the stock on Tuesday, looking for a follow through move. As long as the stock stay above $13.50, the bullish scenario still intact. Technical chart shows very strong bullish sign. First of all, the stock is trading above both 50-day and 200-day moving average with both moving average pointing upwards. Then the MACD indicator is rising above zero also indicating a buy. In addition, KD line still show the stock is on the positive swing.
( click to enlarge ) Dendreon Corporation (NASDAQ:DNDN) is strong and getting stronger every day it seems. If it can close above $14.66, then expect more upside. If this happens, DNDN is a good play. The daily chart shows the stock is in a short-term bull market as the stock is trading above 20-day and 50-day moving with both moving average pointing upwards. I think the stock should continue to go up.
( click to enlarge ) Nuance Communications Inc. (NASDAQ:NUAN) is clearly in an impulsive wave upwards. If you are on board, there is nothing more to do but enjoy the ride. On the daily chart, the technical indicators show a continuation of the trend with MACD and RSI in the Bullish areas. Long-term investors may hold with a stop at $26.97.
( click to enlarge ) Genuine Parts Company (NYSE:GPC) has had a strong move up to this point and could be consolidating here before making another move. Definitely one to keep a watch next week.
( click to enlarge ) Generex Biotechnology Corporation (OTC:GNBT) is one of my favorites of the small cap biotech group as the stock price broke out of an ascending triangle to the upside last week, putting a target of $.325 in PLAY. This is a recipe for some HUGE profit potential in the coming weeks and I'm hoping to pull at least 30-50% gain out of this stock.
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Other stocks to watch :
US Earnings Calendar for Tuesday, January 17
Bancfirst Corp - BANF Bank Of The Ozarks Inc - OZRK Bona Film Group Ltd - BONA Century BanCorp Inc - CNBKA Check Point Software Technologies Ltd - CHKP Citigroup Inc - C Codorus Valley Bancorp Inc - CVLY Cree Inc - CREE0 Delta Air Lines Inc - DAL Educational Development Corp - EDUC Elmira Savings Bank FSB - ESBK Farmers Capital Bank Corp - FFKT First Community Corp - FCCO First Republic Bank - FRC Forest Laboratories Inc - FRX Fulton Financial Corp - FULT Hingham Institution For Savings - HIFS Home Federal Bancorp of Louisiana Inc - HFBL Horizon Bancorp - HBNC Intervest Bancshares Corp - IBCA Lakeland Bancorp Inc - LBAI Lee Enterprises Inc - LEE Limoneira Co - LMNR Linear Technology Corp - LLTC M&T Bank Corp - MTB Majesco Entertainment Co - COOL McMoRan Exploration Co - MMR Mercantile Bank Corp - MBWM New Oriental Education & Technology Group Inc - EDU Newlead Holdings Ltd - NEWL Northwest Pipe Co - NWPX Origin Agritech Ltd - SEED Pacific Premier Bancorp Inc - PPBI Park Sterling Corp - PSTB Phazar Corp - ANTP Pinnacle Financial Partners Inc - PNFP PosCoPure Cycle Corp - PCYO Renasant Corp - RNST Severn Bancorp Inc - SVBI Simulations Plus Inc - SLP TD Ameritrade Holding Corp - AMTD Tessco Technologies Inc - TESS Wells Fargo & Co - WFC
New 52-week High stocks
USB - US Bancorp STX - Seagate Tech INHX - Inhibitex NUAN - Nuance Communications IDIX - Idenix Pharm ACHN - Achillion Pharmaceutical ARIA - ARIAD Pharmaceutical FAST - Fastenal Company TSS - TOTAL SYSTEM SVCS INC VPHM - ViroPharma Incorporation SBAC - SBA Communications ROST - Ross Stores, Inc. PIR - Pier 1 Imports Inc TSCO - Tractor Supply Company CFX - Colfax Corp ELGX - Endologix Inc PVH - PVH Corp OKE - ONEOK INC FNB - F.N.B. Corporation RYN - RAYONIER INC CBST - Cubist Pharmaceutical PETM - PETsMART, 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.