Stock Trade Ideas for Tuesday, June 14

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Zagg Inc ZAGG rallied another 5% on heavy volume. The stock hit a high of $12.50, which is now resistance for Tuesday's continuation move.

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THQ Inc. THQI held up well in the weak market.  Short term, I'm looking for a bounce on THQI, and if we see a strong bounce then I'll be looking at the daily THQI 20 and 50 SMAs as possible bounce targets. Despite the weak signal from MACD in the technical chart as MACD and signal line are below 0, the technical chart shows this might be a great time to buy the stock as %K line has just crossed on top over %D line showing buy signal while ROC is still at oversold level. Immediate resistance is seen at 3.58 ( today's high ).

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Netflix, Inc. NFLX - On Daily chart we can see a bearish MACD crossover that is increasingly evident in the last trading session. Next support is the 255-252 area just below the current price. There is a fair chance we will get a pause and a possible bounce off here. If it fails to hold above this level, then it has potential of testing 245.

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Patterson-UTI Energy, Inc. PTEN broke support in today's session and should head considerably lower in the next few days. Next support is seen at $27.51 and then at $26.58.

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Other stocks to watch :

Unusual volume in today's trading session

GRB - GERBER SCIENTIFIC INC
TBL - TIMBERLAND CO
UYMG - Unity Management Group
NSTC - NESS TECHNOLOGIES INC
RPC - AMDL Inc
NPWZ - NEAH POWER SYSTEMS
GRM - GRAHAM PACKAGING CO
NRTLQ - NORTEL NETWORKS CORPORATION
FCS - FAIRCHILD SEMICONDUCTOR
QGEN - Qiagen N.V.
ABKFQ - AMBAC FINANCIAL GRP
ELMG - EMS Technologies
TGONF - Tetragon Financial
SMOD - SMART MODULAR TEC
ORS - Orsus Xelent
VFC - V F CORP
TRH - TRANSATLANTIC HLDGS
COWN - Cowen Group
SLGN - Silgan Holdings, Inc.
HNR - Harvest Natural Resources
ZZ - SEALY CORPORATION
JVA - COFFEE HOLDING CO INC
CBEH - China Intgrt Enr
OMEX - Odyssey Marine Exploration
PWSV - Safari Associates Inc
BRD - APOLLO GOLD CP
HPGS - High Plains Gas Inc
INSM - Insmed Inc
NX - Quanex Building
ISS - iSoftStone Holdings
EGY - Vaalco Energy Inc
ECOB - N8 Concepts Inc
EONC - eOn Communications
AOI - DIMON INC
ZN - Zion Oil & Gas
SNDXF - Sandstorm Gold
MFW - M & F WORLDWIDE CORP
BCRX - BioCryst Pharmaceutical
PENYF - PETROMANAS ENERGY
MTN - VAIL RESORTS INC
HBIO - Harvard Bioscience Inc
NCV - Nicholas Applegate
IDRA - Hybridon Inc
NCZ - NICHOLAS APPLEGATE
MIC - MACQUARIE LLC
FLT - FleetCor Technologies
TWDL - Texas Wyoming Drilling
TKECF - Tokyo Electric Power
GTSO - Green Technology Solutions
PFL - PIMCO FLT RT INC
LBAS - Springbank Resources
AMNL - ATLAS MINING CO
CORX - Cortex Pharmaceutical
STOA - Sinobiomed Inc
GRZ - Gold Reserve Inc
RVUE - RVUE Holdings Inc
DGW - Duoyuan ADR
WGAT - Worldgate Communication
OKUMF - Okuma Corporation
ESIC - Internet Commerce Corp
XUE - XUEDA EDUCATION GROUP
RCON - Recon Technology Ltd
ABR - ARBOR REALTY
NBY - NovaBay Pharmaceutical
EFRDF - Eagleford Energy Inc
BVGIF - Bravo Gold Corp
AITX - AirTrax Inc
AGOUF - Assured Guaranty Ltd
NCTY - THE9 LIMITED ADS
TNTTY - Postnl Nv Adr
SSRX - 3S Bio Inc ADR
CTORF - Creator Capital Ltd
MSEH - Mesa Energy Holding
MXSG - Mexus Gold US
AUMN - Golden Minerals Co
SCHC - Schwab International
LYFE - LYFE Communications
CICHY - China Construction
FUBC - 1st United Bancorp Inc

Earnings Announcements for Tuesday

Agilysys Inc - AGYS
Best Buy Co Inc - BBY
Capstone Turbine Corp - CPST
Carver Bancorp Inc - CARV
Cavico Corp - CAVO
Central Bancorp Inc - CEBK
CLARCOR Inc - CLC
Factset Research Systems Inc - FDS
Jacada Ltd - JCDA
Life Partners Holdings Inc - LPHI
Mad Catz Interactive Inc - MCZ
Optical Cable Corp - OCC
Providence And Worcester Railroad Co - PWX
Synutra International Inc - SYUT
Tel Instrument Electronics Corp - TIK
Wuhan General Group (China) Inc - WUHN

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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