( click to enlarge )Yingli Green Energy Hold. Co. Ltd. (NYSE:YGE) continues to show strength as the rise in volume confirms the price uptick ! The stock hit a high of $5.38, which is now resistance for Wednesday’s continuation move. If the stock can break through resistance, we should see another strong upside move. YGE will move very quickly, so watch the stock closely on Wednesday.
( click to enlarge )Gilead Sciences, Inc. (NASDAQ:GILD) stock broke out above $45 on really good volume. All moving averages are below turning up for support. I like this for a swing trade.
( click to enlarge )InterDigital, Inc. (NASDAQ:IDCC) stock has just started moving higher and established a short term up-trend. Momentum indicators are slightly bullish now with RSI inching away above the middle level. The strongest sign of a bullish momentum is the MACD indicator which is currently above the 0 line and DI+ crossed above DI-. Watching for $43.09 breakout. This momentum could push this stock much higher from here, so keep the stock on your radar for Wednesday’s trading day, as there is good upside potential in this move. If the stock breaks its 50-day MA at 43.09 the initial target is $45, followed by $49.23.
( click to enlarge )Pacific Ethanol Inc (NASDAQ:PEIX) is attempting to regain its 200-day moving average which has served as critical resistance and is likely to continue to do so. The near-term outlook will depend on the price movement in the next few days. A close above $1.33 will impart bullishness and will help the stock move to the 1.50 - 1.61 zone.
( click to enlarge )Dendreon Corporation (NASDAQ:DNDN) stock needs to consolidate for 1 or 2 days before it rally again IMO.
( click to enlarge )Just in case you missed my weekend post, this stock goes HIGHER !! Generex Biotechnology Corporation (OTC:GNBT) is up some 250% off its lows and showing no signs of stopping. Investors are finally starting to realize the potential of this stock. I think this turn around story is still in its infancy, meaning you have not seen anything yet. This is a penny stock that I alerted at $.12/$.152.
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Other stocks to watch :
US Earnings Calendar for Wednesday, January 18
8x8 Inc - EGHTADTRAN Inc - ADTNAEP Industries Inc - AEPIAmphenol Corp - APHBank Of New York Mellon Corp - BKCharles Schwab Corp - SCHWClarcor Inc - CLCCommunity Trust Bancorp Inc - CTBICVB Financial Corp - CVBFeBay Inc - EBAYF5 Networks Inc - FFIVastenal Co - FASTFirst Bancorp Inc - FNLCGoldman Sachs Group Inc - GSHB Fuller Co - FULHeartland Express Inc - HTLDInformation Services Group Inc - IIIKinder Morgan Energy Partners LP - KMPKinder Morgan Management LLC - KMRNorthern Trust Corp - NTRSNVE Corp - NVEPlexus Corp - PLXSPNC Financial Services Group Inc - PNCRepublic First Bancorp Inc - FRBKRosetta Genomics Ltd - ROSGSanmina-SCI Corp - SANMSify Technologies Ltd - SIFYSLM Corp - SLMSouthwest Bancorp Inc - OKSBState Street Corp - STTUS Bancorp - USBWintrust Financial Corp - WTFCWNS Holdings Ltd - WNSXilinx Inc - XLNX
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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AC
