Nektar Therapeutics (NASDAQ:NKTR) - Great action today. Breaks above 200-day Ma. Momentum picking up with MACD climbing and ADX rising. Volume 2x above average. If we see follow-through tomorrow it might run hard. ( click to enlarge ) Novatel Wireless Inc (NASDAQ:NVTL) had a good move today. The stock broke out the small falling wedge pattern to the upside on increased volume and closed at the highs of the day. This is a trend reversal pattern suggesting a halt in the bearish trend. The stock could touch an upside target of $3.30 in the short term. The technical daily chart shows the stock is now back to uptrend and with %K line above %D line we may see more upside. Let’s see whether the stock can gather enough momentum to break through 3.01 (50-day MA). If the Bulls are able to push through this level, there will be another rally towards 3.30. NVTL will move quickly, so watch the stock closely on Thursday. ( click to enlarge ) Pacific Biosciences of California (NASDAQ:PACB) stock holding up well since breaking out last week. Great Volume these past few days. Setting up for higher prices. ( click to enlarge ) ReneSola Ltd. (NYSE:SOL) Still loving this setup. Breakout over 2.60, The stock is hovering well above its 20- and 50-day moving averages. ( click to enlarge ) OmniVision Technologies, Inc. (NASDAQ:OVTI) broke the resistance today on expanding volume. This momentum could push this stock much higher from here. The stock might test $15.5 level in the short term if it is able to sustain above $14. During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.
Other stocks to watch : US Earnings Calendar for Thursday, February 2
Acme Packet Inc - APKT AECOM Technology Corp - ACM Alkermes Inc - ALKS Allergan Inc - AGN Alliance Data Systems Corp - ADS Alliant Techsystems Inc - ATK Axcelis Technologies Inc - ACLS Beazer Homes USA Inc - BZH Bebe stores inc - BEBE Benchmark Electronics Inc - BHE Black Hills Corp - BKH Blackstone Group LP - BX BofI Holding Inc - BOFI Boston Scientific Corp - BSX Breeze-Eastern Corp - BZC Brink'S Co - BCO Bristow Group Inc - BRS Calamos Asset Management Inc - CLMS Camden Property Trust - CPT Cameron International Corp - CAM Cardinal Health Inc - CAH Cardtronics Inc - CATM CareFusion Corp - CFN Carlisle Companies Inc - CSL Cavco Industries Inc - CVC Cavium Inc - CAVM Cigna Corp - CI CME Group Inc - CME CNB Financial Corp Inc - CCNE Columbia Sportswear Co - COLM Con Way Inc - CNW Constant Contact Inc - CTCT Credicorp Ltd - BAP Credit Acceptance Corp - CACC Cummins Inc - CMI Cymer Inc - CYMI Cytokinetics Inc - CYTK Diamond Offshore Drilling Inc - DO Dice Holdings Inc - DHX Digital River Inc - DRIV Dow Chemical Co - DOW Eagle Materials Inc - EXP Edwards Lifesciences Corp - EW Elizabeth Arden Inc - RDEN Empire District Electric Co - EDE ENGlobal Corp - ENG Evercore Partners Inc - EVR Extreme Networks Inc - EXTR First of Long Island Corp - FLIC Fiserv Inc - FISV Flexsteel Industries Inc - FLXS Genworth Financial Inc - GNW Giga Tronics Inc - GIGA Gilead Sciences Inc - GILD Global Geophysical Services Inc - GGS Goodrich Corp - GR Guaranty Bancorp - GBNK Harris Interactive Inc - HPOL Haynes International Inc - HAYN Ikanos Communications Inc - IKAN Independent Bank Corp - IBCP Infinera Corp - INFN Intermec Inc - IN International Paper Co - IP International Rectifier Corp - IRF .Invacare Corp - IVC Iteris Inc - ITI Ixia - XXIA Kellogg Co - K Kemet Corp - KEM Kensey Nash Corp - KNSY Kirby Corp - KEX Lacrosse Footwear Inc - BOOT Landstar System Inc - LSTR Lear Corp - LEA Lennox International Inc - LII Mando CorpMarkel Corp - MKL Mastercard Inc - MA MDC Holdings Inc - MDC MDU Resources Group Inc - MDU MEDNAX Inc - MD Merck & Co Inc - MRK Meritor Inc - MTOR Microchip Technology Inc - MCHP Mid America Apartment Communities Inc - MAA Minerals Technologies Inc - MTX Mission West Properties Inc - MSW Msci Inc - MSCI MTS Systems Corp - MTSC Multi-Fineline Electronix Inc - MFLX Mwi Veterinary Supply Inc - MWIV National Oilwell Varco Inc - NOV Navigant Consulting Inc - NCI NetSol Technologies Inc - NTWK NetSuite Inc - N Neustar Inc - NSR New York Times Co - NYT NIC Inc - EGOV Nicholas Financial Inc - NICK Niska Gas Storage Partners LLC - NKA Northfield Bancorp Inc - NFBK Novellus Systems Inc - NVLS NU Skin Enterprises Inc - NUS Oculus Innovative Sciences Inc - OCLS Orion Energy Systems Inc - OESX Park Sterling Corp - PSTB Patriot Coal Corp - PCX Patterson Uti Energy Inc - PTEN PC Connection Inc - PCCC Penn National Gaming Inc - PENN Perkinelmer Inc - PKI Power Integrations Inc - POWI Power One Inc - PWER Principal Financial Group Inc - PFG Pultegroup Inc - PHM Resource America Inc - REXI Rofin-Sinar Technologies Inc - RSTI Roper Industries Inc - ROP Rosetta Genomics Ltd - ROSG Royal Caribbean Cruises Ltd - RCL Royal Gold Inc - RGLD Ruddick Corp - RDK Ryder System Inc - R S-Oil CorpSally Beauty Holdings Inc - SBH Sara Lee Corp - SLE Selectica Inc - SLTC Selective Insurance Group Inc - SIGI Silicon Image Inc - SIMG Silicon Motion Technology Corp - SIMO Simpson Manufacturing Co Inc - SSD SNAP On Inc - SNA Span America Medical Systems Inc - SPAN Spectra Energy Corp - SE Starwood Hotels and Resorts Worldwide Inc - HOT Stericycle Inc - SRCL Suburban Propane Partners LP - SPH SuccessFactors Inc - SFSF SunCoke Energy Inc - SXC Sunoco Inc - SUN SurModics Inc - SRDX Synalloy Corp - SYNL Take Two Interactive Software Inc - TTWO Telecommunication Systems Inc - TSYS Tenneco Inc - TEN Tesoro Corp - TSO THQ Inc - THQI Tidewater Inc - TDW Transcend Services Inc - TRCR Trimble Navigation Ltd - TRMB U.S. Global Investors Inc - GROW United States Lime and Minerals Inc - USLM Universal Technical Institute Inc - UTI Validus Holdings Ltd - VR Vertex Pharmaceuticals Inc - VRTX Vicon Industries Inc - VII WABCO Holdings Inc - WBC Wayside Technology Group Inc - WSTG Westwood Holdings Group Inc - WHG Wisconsin Energy Corp - WEC Wynn Resorts Ltd - WYNN Xata Corp - XATA Xcel Energy Inc - XEL Zillow Inc - Z Zygo Corp - ZIGO
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. Thanks for visiting AC Investor Blog. AC