Stock Trade Ideas for Wednesday, June 08

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Canadian Solar Inc. CSIQ shares gained more than 7 percent, closing near its highs of the day on strong volume. It broke past its 20-day moving average but found resistance at its 50-day moving average. Look for the stock to open up strong tomorrow but keep a lookout for a failure to push through $9.90. If we can break past this however, I'd want to be long the stock.

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Sodastream International Limited (Public, NASDAQ:SODA) broke out today, but the volume was not huge. If it continues to the upside tomorrow and more volume comes in, I would buy it.  Currently all technical indicators look strong.

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Under Armour, Inc. UA moved ok today, continuing it's downward movement. The only problem is the lack of heavy volume here. There appears to be more downside coming for UA and let's hope more volume can come into the stock. On the technical front, the outlook for Under Armour is relatively bearish. Stochastic, MACD and ADX charts are flashing bearish signal. Remain invested with stop-loss at $63.50. Fresh exposures may be avoided.

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Motorola Mobility Holdings Inc MMI is holding up well here. Buy point is when the stock moves over $25.48 on heavy volume. Outlook for the stock has turned slightly bullish as compared to last week.


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Other stocks to watch :

Earnings Announcements for Wednesday

Amerco - UHAL
Cantel Medical Corp - CMN
Ciena Corp - CIEN
EasyLink Services International Corp - ESIC
Greif Inc - GEF
KMG Chemicals Inc - KMGB
Lakeland Industries Inc - LAKE
Layne Christensen Co - LAYN
Limoneira Co - LMNR
Lubys Inc - LUB
Men's Wearhouse Inc - MW
National American University Holdings Incorporated - NAUH
Pall Corp - PLL
Piedmont Natural Gas Co Inc - PNY
RF Industries Ltd - RFIL
Shuffle Master Inc - SHFL
Spartech Corp - SEH
Stewart Enterprises Inc - STEI
Syswin Inc - SYSW
Thor Industries Inc - THO
Verint Systems Inc - VRNT
Village Bank And Trust Financial Corp - VBFC
Vimicro International Corp - VIMC

The following list show stocks whose volume has been increasing over the last 2 sessions

RF - REGIONS FINANCIAL CORP
RIMM - Research in Motion
ALU - ALCATEL
MGM - Mgm Resorts Int
AIG - AMERICAN INTERNATIONAL
SCHW - Charles Schwab Corp
LVS - LAS VEGAS SANDS CP
PBR - PETROLEO BRASILEIRO SA
THC - TENET HEALTHCARE CORP
EXEL - Exelixis, Inc.
SD - Sandridge Energy Inc
LUV - SOUTHWEST AIRLINES CO
HL - HECLA MINING CO
BIDU - Baidu Inc
SBUX - Starbucks Corporation
NTAP - NetApp Inc
MCD - MCDONALDS CORP
MRO - U S X-MARATHON GROUP
WU - Western Union
UTX - UNITED TECHNOLOGIES
LO - Lorillard Inc
BAP - CREDICORP LTD
NSM - NATIONAL SEMICONDUCTOR
AATI - ADVANCED ANALOGIC
KOG - KODIAK OIL & GAS CP
MAR - MARRIOTT INTL INC NEW
BRK.B - Berkshire Hathaway Inc
HON - HONEYWELL INTERNATIONAL
EXPE - EXPEDIA INC
BCS - BARCLAYS P L C
PRU - PRUDENTIAL FINANCIAL
FMCN - Focus Media Hldg
YOKU - Youku.com Inc.
SOHU - Sohu.com Inc.
ZION - Zions Bancorporation
ARIA - ARIAD Pharmaceutical
HIG - Hartford Financial
WNR - WESTERN REFINING INC
YGE - Yingli Green Energy
KWK - Quicksilver Resources
EXK - ENDEAVOUR SILVER
ANN - Ann Inc
RVBD - Riverbed Technology
INCY - Incyte Genomics Inc.
UBS - UBS AG
WDC - WESTERN DIGITAL CORP
CI - C I G N A CORP
PCAR - PACCAR Inc
STKL - SunOpta Inc
LPX - LOUISIANA PACIFIC CORP
FDX - FedEx Corporation
LMT - LOCKHEED MARTIN CORP
PWER - Power-One, Inc
CSC - COMPUTER SCIENCES CORP
NTES - Netease.com, Inc.
DGX - QUEST DIAGNOSTICS INC
MW - Men's Wearhouse Inc
MHR - Magnum Huntr Res
BYD - BOYD GAMING CORP
GES - GUESS INC
ANF - ABERCROMBIE & FITCH CO
OCZ - OCZ Technology Group
HUN - HUNTSMAN CORPORATION
DVN - Devon Energy Cp
DCTH - Delcath Systems, Inc.
GTI - GrafTech International
CNK - Cinemark Holdings Inc
BX - Blackstone Group LP
TEX - TEREX CORP
BZ - Boise, Inc.
CREE - Cree, Inc.
DAN - Dana Corp
AOL - AOL Inc
HOGS - Strong Technical Inc
INFY - Infosys Technologies
NVLS - Novellus Systems, Inc.
AVY - AVERY DENNISON CORP
CF - CF INDUSTRIES HOLDINGS
APKT - Acme Packet Inc
PLCM - Polycom, Inc.
WCRX - Wrner Chil Plc A
MMR - MCMORAN EXPLORATION CO
SGEN - Seattle Genetics
IPXL - Impav labs Inc
NKTR - Nektar Therapeutics
NETL - Netlogic Microsystem
RLD - REALD INC
AMKR - Amkor Technology, Inc.
ASIA - Asiainfo Linkage
RHT - Red Hat, Inc.
MTZ - MASTEC INC
HUM - HUMANA INC
PX - PRAXAIR INC
AEM - AGNICO EAGLE MINES LTD
CELG - Celgene Corporation
SPWRA - SUNPOWER CORPORATION
GRS - GAMMON GOLD
CHBT - China-Biotics Inc
VMC - VULCAN MATERIALS CO
IRM - IRON MOUNTAIN INC
BC - BRUNSWICK CORP
MELI - MercadoLibre Inc
STEC - STEC Inc
CSTR - Coinstar, Inc.
SNE - SONY CORP
FOE - FERRO CORP
HRL - HORMEL FOODS CORP
ITMN - InterMune Pharmaceutical
LAMR - Lamar Advertising Corporation
RES - R P C INC
ACM - Aecom Technology Corp
RMBS - Rambus, Inc.
SM - Sm Energy Co
ZN - Zion Oil & Gas
BGC - General Cable Corp
MENT - Mentor Graphics Corporation
EXXI - Energy XXI Ltd
EXPD - Expeditors International
TEN - Tenneco Inc
MRGE - Merge Health Inc
GNTX - Gentex Corporation
MAKO - MAKO SURGICAL CORP
ITT - ITT Corp
OPEN - Opentable Inc
SAPE - Sapient Corporation
QEP - Qep Resources
WPP - Wausau Paper
LBTYA - Liberty Global Inc
ENOC - EnerNOC Inc
WMS - W M S INDUSTRIES INC
NVTL - Novatel Wireless Inc
SCG - SCANA CORP
COO - COOPER COS INC NEW
HLS - HEALTHSOUTH Corp.
GTE - GRAN TIERRA ENERGY
SFLY - SHUTTERFLY INC
MOBI - Sky-mobi
RBCN - Rubicon Technology Inc
TSU - Tim Participacs
PKI - PERKINELMER INC
CUZ - COUSINS PROPERTIES INC
JKS - JINKOSOLAR HOLDINGS
AMED - Amedisys Inc
SANM - Sanmina Corporation
REG - REGENCY REALTY CORP
PL - PROTECTIVE LIFE CORP
BEC - BECKMAN COULTER INC
VAL - VALSPAR CORP
NUVA - NUVASIVE INC
VRSK - Verisk Analytics
BUCY - Bucyrus Intl
JRCC - JAMES RIVER COAL CO
LZB - LA Z BOY INC
SWI - SolarWinds
ALB - ALBEMARLE CORP
SGY - STONE ENERGY CORP
MRX - MEDICIS PHARM CORP
BCSI - Blue Coat Systems Inc
GCO - GENESCO INC
TDW - TIDEWATER INC
TRI - THOMSON CORP
MOTR - Motricity Inc
CBOE - CBOE Holdings Inc
SFSF - SuccessFactors Inc
WTI - W&T OFFSHORE INC
ENR - ENERGIZER HOLDINGS INC
NPSP - NPS Pharmaceuticals
JACK - JACK IN THE BOX INC
BLK - BLACKROCK INC
SGI - RACKABLE SYSTEMS INC
SF - STIFEL FINANCIAL CORP
CTCT - Constant Contact Inc
INFN - Infinera Corp
PNR - PENTAIR INC
CELL - Brightpoint, Inc
FINL - Finish Line, Inc.
VPHM - ViroPharma Incorporation
NDN - 99 CENTS ONLY STORES
FAF - First American Corp
SMT - Smart Technologies 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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