Stocks we are watching on 4/28- AMZN, LVLT, NFLX, BIDU, ORCL, YRCW, AMD, GS, POT, FCX, SNDK, IRE, AIB, CIGX, CTIC, AKAM, WFMI


Amazon.com Inc. (AMZN) - Amazon.com Inc. (AMZN) broke out above $190 on Wednesday. AMZN will have resistance at $200. Pullbacks below $175 are a buy.

Level 3 Communications Inc. (LVLT) - Level 3 Communications Inc. (LVLT) is back above $1.60. Level 3 Communications will have resistance at $1.85.

Netflix, Inc. (NFLX) - Netflix, Inc. (NFLX) rebounded on Wednesday. Netflix Inc (NFLX) will have resistance located at $243 going forward. Netflix has support located at $224. Netflix Inc (NFLX) is a buy on pullbacks below $210.

Baidu, Inc. (BIDU) - Baidu, Inc. (BIDU) dropped on Wednesday. Baidu Inc will have major resistance up at $175. Baidu has support located at $115. If Baidu Inc. (BIDU) ever falls below $105, I would start buying back.

Oracle Corp (ORCL) - Oracle Corp (ORCL) rallied above $35 on Wednesday. Oracle stock has support down at $33. ORCL does not have any major resistance until $36.

YRC Worldwide Inc. (YRCW) - YRC Worldwide Inc. (YRCW) is back at $2.00. YRC Worldwide Inc continues to be at risk of going bankrupt. YRC Worldwide (YRCW) is not a buy for the long term unless the stock breaks back up through $5.00 and holds.

Advanced Micro Devices Inc. (AMD) - Advanced Micro Devices Inc. (AMD) is back above the 50 day moving average. Advanced Micro Devices Inc. will now have resistance located at $9.00. Advanced Micro Devices will have support down at $7.93.

Goldman Sachs Group, Inc. (GS) - Goldman Sachs Group (GS) was flat on Wednesday. Goldman Sachs (GS) may be forming a bottom. Goldman Sachs (GS) is now a buy below $150.

Potash Corp. of Saskatchewan, Inc. (POT) - Potash Corp. of Saskatchewan, Inc. (POT) is trading back near $56. Potash Corp will now have resistance located at $60. Potash Corp. of Saskatchewan, Inc. (POT) is a strong buy below $50.

Freeport-McMoRan Copper & Gold Inc. (FCX) – Freeport-McMoRan Copper & Gold Inc. (FCX) was lower on Wednesday. FCX is a buy below $50.

SanDisk Corp. (SNDK) - SanDisk Corp. (SNDK) is back above $50. SNDK will have resistance around $51. Allied Irish Banks plc (AIB) Bank of Ireland (IRE) - Allied Irish Banks plc (AIB) & Bank of Ireland (IRE) continue to be active and worth watching.

Star Scientific, Inc. (CIGX) - Star Scientific, Inc. (CIGX) was flat Wednesday. Star Scientific, Inc. (CIGX) will have resistance located at $4.00.

Cell Therapeutics, Inc. (CTIC) - Cell Therapeutics, Inc. (CTIC) hit $0.40 on Wednesday. Cell Therapeutics will have support located at $0.33 on the downside. CTIC will have resistance up at $0.48.

Akamai Technologies Inc. (AKAM) - Akamai Technologies Inc. (AKAM) dropped hard after earnings on Wednesday night. AKAM is a screaming buy below $40 for the long term. AKAM may drop into the low $30′s before a rebound so you might want to wait this out a bit.

Whole Foods Market, Inc. (WFMI) - Whole Foods Market (WFMI) was lower by 1% on Wednesday. WFMI is a buy below $55.

Biggest Gainers- Genetic Technologies Ltd. (GENE), FNB United Corp. (FNBN), ReachLocal, Inc., (RLOC), Regeneron Pharmaceuticals, Inc. (REGN), Guanwei Recycling Corp. (GPRC), Town Sports International Holdings Inc. (CLUB), Pacira Pharmaceuticals Inc. (PCRX), Silicon Image, Inc. (SIMG), ShoreTel, Inc. (SHOR), Rediff.com India Ltd. (REDF)

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