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We finally got the breakout in Oncothyreon Inc. ONTY. Shares rallied past resistance near $6.82 and hit my trigger to open positions. Watch the $7 as potential resistance. Let's keep an eye on ONTY as i think momentum will pick up again.
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I'm actually pretty excited when i saw Eastman Kodak Company EK chart because it is showing some bullish signal in its early stage. The technical chart is now much improved after today's action. The STO has reversed again the course and stock finally closed above its 50-day moving average with good volume. Keep this stock in your radar list.
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I told you yesterday about Zagg Inc ZAGG and today the stock successfully broke the major resistance with unusual volumes. This is a very bullish development. The stock made a new 52 week high closing at $11.63. The stock hit a high of $11.98, which is now resistance for Monday's continuation move. If the stock can break through resistance, we should see another strong upside move. ZAGG will move very quickly, so watch the stock closely on Monday.
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A123 Systems, Inc. AONE is extremely oversold, watch for a pullback. Its falling price on surging volume is indicative of capitulation selling.
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THQ Inc. THQI - Technically this stock looks great here. I bought some shares today. I don't think the stock can go much lower. Major support holds at $3.50 on a close basis. A strong bounce could be in store.
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Other stocks to watch :
Unusual volume in today's trading session
GOIG - GoIP Global, Inc.
PRPM - ProTek Capital, Inc.
EFLN - eFUEL EFN, Corp.
GRDO - Guard Dog, Inc.
VRGY - Verigy
CCTR - China Crescent Enterprises, Inc
AVVH - AvVaa World Health Care Products, Inc.
GSX - Gasco Energy Inc
SUF - SULPHCO INC
DCIX - Diana Containerships
NRTLQ - NORTEL NETWORKS CORPORATION
LULU - lululemon athletical
RLD - REALD INC
OOAG - OMDA Oil and Gas Inc
JVA - COFFEE HOLDING CO INC
FOGC - Fortune Oil & Gas, Inc.
MITI - MICROMET INC
CHTP - Chelsea Therapeutics
SVMI - SaVi Media Group, Inc.
MIKP - Mike the Pike Productions, Inc.
SOLU - Solutions Group, Inc.
ORS - Orsus Xelent
MNDL - Neumedia Inc
IART - Integra LifeSciences
HNHI - H & H Imports Inc
OKUMF - Okuma Corporation
CBEH - China Intgrt Enr
DIOD - Diodes Incorporated
CATA - Jeantex Group Inc
HPGS - High Plains Gas Inc
PWSV - Safari Associates Inc
SIRG - Sierra Resource Group
NABI - Nabi
ECOB - N8 Concepts Inc
MITD - MIT Holding Inc
CPRX - Catalyst Pharma
ZIP - Zipcar
BLUS - NEUROCHEM INC ORD
CHNG - Coventure International
PTY - Pimco Corporate Opp
CBAK - China BAK Battery
IMDC - In Media Corp
LMLP - LML Payment Systems
ESIC - Internet Commerce Corp
TKGBY - TURKIYE GARANTI BANK
JADA - Jade Art Group Inc
CICHY - China Construction
RDIAF - ROCKWELL VENTURES INC
MOG.A - Moog Inc
BLVT - Bulova Technologies
NVSR - NavStar Technologies
DGW - Duoyuan ADR
SNDXF - Sandstorm Gold
New 52-week high stocks
ARIA - ARIAD Pharmaceutical
ELN - ELAN CORP P L C
JVA - COFFEE HOLDING CO INC
FRX - FOREST LABORATORIES
FOSL - Fossil, Inc.
BORK - Bourque Industries Inc
QDEL - Quidel Corporation
New 52-week low stocks
BAC - BANK OF AMERICA CORP
CSCO - Cisco Systems, Inc.
NOK - NOKIA CORP
SPLS - Staples, Inc.
HPQ - HEWLETT-PACKARD CO
SOL - Renesola Ltd
GNW - GENWORTH FINCL INC
AKAM - Akamai Technologies
BRK.B - Berkshire Hathaway Inc
TGT - TARGET CORP
HCBK - Hudson City Bancorp
SID - Companhia Siderurgica
CMA - COMERICA INC
CREE - Cree, Inc.
RSH - RADIOSHACK CORP
OMX - OfficeMax Inc
DWA - DreamWorks Animatio
LOGI - Logitech International
ELNK - EarthLink, Inc.
SIGM - Sigma Designs, Inc.
ASIA - Asiainfo Linkage
OCLR - Bookham Technology plc
BXS - BANCORPSOUTH INC
KCG - Knight Capital
MDAS - MedAssets Inc
SNE - SONY CORP
DLB - DOLBY LABORATORIES INC
NAT - Nordic Amer Tanker
DSX - DIANA SHIPPING INC
BWS - BROWN SHOE CO INC
FMER - FirstMerit Corporation
INFN - Infinera Corp
LXK - Lexmark International
CBRL - Crackr Barel Old
ACXM - Acxiom Corporation
MDC - MDC HOLDINGS INC
CLGX - FIRST AMERICAN CORP
CXS - CreXus Investment Corp
WMS - W M S INDUSTRIES INC
XRTX - XYRATEX LTD
ITRI - Itron, Inc.
PETS - Petmedexpress.com Inc
BMTI - BIOMIMETIC THERAPEUT
MBLX - Metabolix Inc
ORN - Orion Marine Group 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.
Thanks for visiting AC Investor Blog.
AC
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