Trading Ideas For The Week Ahead

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Rambus Inc. RMBS closed the day just above the break out point after some decent swings. The stock has been beaten down since February, but at this moment it seems pretty clear that buyers have been waiting in the 19-19.5 range. The stock may attempt to go higher from here. If the near-by support at $19.75 holds up on Monday, a rally up to the $20.72 level is probable or even possible. Only a close below $19.36 would negate the positive outlook.

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Dillard's, Inc. DDS is now moving out of a nice base on great volume. The stock looks good for further gains from here.

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Looking at the technical chart of First Solar, Inc. FSLR there is no reason to take exposure in this stock as there is no evidence of the reversal of the ongoing downward move. The stock is now trading below 50 day and 200 day moving average. Another weak sign is MACD which is still below 0. Only a close above $150.80 will reverse the current downtrend. For now, it would be better to stay away from this stock.

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Level 3 Communications, Inc. LVLT broke out to a new 52-week high this week accompained by a strong volume suggesting higher levels. The consolidation and compression that has been going on in the last days is very healthy. The technical chart still showing a bullish bias. KD line shows positive signs as K line is rising on top over D line and MACD continue moving up. I suspect the stock may continue to appreciate over the coming days. Long entry would be at $1.77 on good volume.

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Other stocks to watch :

Sirius XM Radio Inc. SIRI looks to have a very large ascending triangle on it right now and recently has moved up very nicely, heading for the upper trend line. A break of the upper trend line on good price action and volume would be the buy point at and over $1.88.

Banner Corporation BANR has continued to climb and looks "OK" to keep going.

Cell Therapeutics, Inc. CTIC closed below its 200-dma triggering a sell signal.

Motorola Mobility Holdings Inc MMI - We need to get another up session with huge volume to solidify this as a bottom.

Unusual volume in today's trading session

SSHS - Safeguard Security Holdings, Inc.
SKGO - Skybridge Technology Group, Inc.
SFIO - SMOKEFREE INNOTEC INC
PSRU - PureSpectrum, Inc.
BYOC - Reel Estate Services
GNTA - GENTA INC
AGO - ASSURED GUARANTY LTD
GPK - Graphc Pack Hldg
GLIF - Grant Life Sciences, Inc.
MBI - M B I A INC
INFY - Infosys Technologies
TECO - TECO Energy, Inc.
GOOG - GOOGLE INC CL A
PRI - Primerica
BRNC - BRONCO DRILLING COMP
CRUS - Cirrus Logic, Inc.
RXII - RXi Pharmaceuticals
YMI - YM BIOSCIENCES INC
AMLN - Amylin Pharmaceutical
SEVA - Seaway Valley Capital Corporation
AEN - Pipex Pharmaceutical
ACOR - ACORDA THERAPEUTICS
MVIS - Microvision, Inc.
SIFY - Sify Tech Lt
OPXA - SPORTAN UNITED IND INC
KUTV - HURRAY! HOLDING CO
ALALF - Alcatel Alsthom Co
AME - AMETEK INC NEW
CXMSF - Cemex
DIRV - Directview Hld
ABMD - ABIOMED, Inc.
MGH - MINCO MINING AND MET
ENSL - WorldwaterSolar Corp
APP - American Apparel, Inc.
CTCT - Constant Contact, Inc.
VIZS - VizStar Inc
EFGU - Empire Film Group Inc
TI - TELECOM ITALIA
AITX - AirTrax Inc
VTMS - QualSec
AMRC - Ameresco Inc
HAUP - Hauppauge Digital
IRWD - Ironwood Pharmaceutical
DHX - Dice Holdings Inc
BFAR - Biopharm Asia Inc
KNL - KNOLL INC
VOLVY - A B Volvo
VASO - Vasomedical, Inc.
LGCUF - Luna Gold Corp
EHSI - Emerging Healthcare
IDN - Intelichck Mblis
SFG - STANCORP FINANCIAL
EAHC - EXPLORE ANYWHERE HLD
MIM - MI DEVELOPMENTS INC
SNN - SMITH AND NEPHEW PLC
NDXFF - Novadx Ventures Corp
ASMLF - ASML Holding NV
TDEY - 3D Eye Solutions Inc
GISV - Uintah Mtn Copper Co
LFUGY - Li & Fung Ltd
PNTV - Players Network Inc
SDTH - Shengdatech
TEFOF - Telefonica SA
NUSMF - ORCA PETROLEUM INC
TNEN - AMERIPRINT INTL LTD
ETKEF - Entek Energy Ltd
AAIR - ARDENT ACQUISITION
FLMG - Fleet Management So
AV - AVIVA PLC
CAMH - Cambridge Heart, Inc.
AVGCF - Avion Resources Corp
ENG - Englobal Corp
IOSA - Information Sys
AABVF - Aberdeen International
MDRRF - Medoro Resources

Earnings Announcements for Monday

1st Source Corp - SRCE
Acura Pharmaceuticals Inc - ACUR
Aerosonic Corp - AIM
Airtran Holdings Inc - AAI
Alleghany Corp - Y
American National Bankshares Inc - AMNB
Ameris Bancorp - ABCB
Amylin Pharmaceuticals Inc - AMLN
Arrow Financial Corp - AROW
Badger Meter Inc - BMI
Bancfirst Corp - BANF
Bank Of Hawaii Corp - BOH
Bluefly Inc - BFLY
Bridge Capital Holdings - BBNK
Brooklyn Federal Bancorp Inc - BFSB
Brown And Brown Inc - BRO
Bucyrus International Inc - BUCY
Chemical Financial Corp - CHFC
Citigroup Inc - C
Citizens And Northern Corp - CZNC
Citizens Holding Co - CIZN
Columbia Sportswear Co - COLM
Continental Materials Corp - CUO
Crane Co - CR
Cybex International Inc - CYBI
Danvers Bancorp Inc - DNBK
Dearborn Bancorp Inc - DEAR
Delta Apparel Incorporated - DLA
Destination Maternity Corp - DEST
DRI Corp - TBUS
ECB Bancorp Inc - ECBE
Ecotality Inc - ECTY
Eli Lilly And Co - LLY
Enterprise Bancorp Inc - EBTC
Escalade Inc - ESCA
Evercore Partners Inc - EVR
Farmers Capital Bank Corp - FFKT
FBR Capital Markets Corp - FBCM
First Busey Corp - BUSE
First Community Corp - FCCO
First Financial Corp - THFF
First M & F Corp - FMFC
First South Bancorp Inc - FSBK
Gannett Co Inc - GCI
Gramercy Capital Corp - GKK
Green Bankshares Inc - GRNB
Greenhill & Co Inc - GHL
Halliburton Co - HAL
Heartland Express Inc - HTLD
Home Federal Bancorp Inc Of Louisiana - HFBL
Horizon Lines Inc - HRZ
ICU Medical Inc - ICUI
Innsuites Hospitality Trust - IHT
Keycorp - KEY
Kinder Morgan Management LLC - KMR
LIN TV Corp - TVL
Lincare Holdings Inc - LNCR
M&T Bank Corp - MTB
Marshall and Ilsley Corp - MI
Mcmoran Exploration Co - MMR
MDC Hldg Inc - MDC
Microfinancial Inc - MFI
Microsemi Corp - MSCC
Mid Penn Bancorp Inc - MPB
Molina Healthcare Inc - MOH
NetGear Inc - NTGR
Oplink Communications Inc - OPLK
Orsus Xelent Technologies Inc - ORS
Packaging Corp Of America - PKG
PC Tel Inc - PCTI
Peoples Financial Corp - PFBX
Performance Technologies Inc - PTIX
Phazar Corp - ANTP
Pinnacle Financial Partners Inc - PNFP
Premierwest Bancorp - PRWT
Provident New York Bancorp - PBNY
Radient Pharmaceuticals Corp - RPC
Reddy Ice Holding Inc - FRZ
RLI Corp - RLI
Roma Financial Corp - ROMA
Ruths Hospitality Group Inc - RUTH
S Y Bancorp Inc - SYBT
Savannah Bancorp Inc - SAVB
SEACOR Holdings Inc - CKH
Sensient Technologies Corp - SXT
Southcoast Financial Corp - SOCB
Southwest Bancorp Inc - OKSB
Steel Dynamics Inc - STLD
Stepan Co - SCL
Superior Uniform Group Inc - SGC
Synalloy Corp - SYNL
Syntel Inc - SYNT
TD Ameritrade Holding Corp - AMTD
Teradyne Inc - TER
Texas Instruments Inc - TXN
Titan Machinery Inc - TITN
Tradestation Group Inc - TRAD
Vertex Pharmaceuticals Inc - VRTX
W W Grainger Inc - GWW
Werner Enterprises Inc - WERN
Wilmington Trust Corp - WL
Wimm Bill Dann Foods Open Joint Stock Co - WBD
Yadkin Valley Financial Corp - YAVY
Zions Bancorporation - ZION

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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