Stocks in Play for May 25 (BAC, BIDU, GNBT, KLAC)

Shares of KLA-Tencor (KLAC) have begun to post lower highs and are on the verge of breaking support at the $28.21. The weak outlook would be negated on a close above $30.12. A close above this level would warrant liquidation of short positions.

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Currently Bank of America (BAC) has support near $14.86 and again at $14.42. Given the bearish turn in the technical indicators I suspect the stock may be ready to breakdown into a new trend lower. Stay tuned.

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Baidu (BIDU) is another stock that is rising with a bullish trend of higher lows. Volume on Monday’s gain was below average but the stock closed back above its 5-dma. Short-term technicals are turning positive. Hold your current position with a stop at $66.

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After the initial drop Generex Biotechnology (GNBT) rallied back to close at $0.38 recovering all the losses of the day. Maybe the fact that the stock closed above the support again at $0.37, was a good sign. In addition, short-term technical indicators are improving and the MACD on the daily chart recently produced a new buy signal. If the stock can break Monday’s high, we should see a strong follow through move. GNBT will move very quickly, so keep a very close eye on the stock.

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Bullish Reversal Alert

ACUR – Acura Pharmaceuticals, Inc.HMSY – Health Management Systems, Inc.
ASMI – ASM Intl N.V.LFUS – Littelfuse, Inc.
AVNW – Aviat Networks Inc.MYRG – MYR Group, Inc.
BRCD – Brocade Communications Systems, Inc.NWSA – News Corp. Ltd.
BRKR – Bruker Corp.OPLK – Oplink Communication, Inc.
CA – CA Inc.PSUN – Pacific Sunwear of California, Inc.
CAEI – China Architectural Engineering, Inc.RGEN – Repligen Corp.
CNMD – CONMED Corp.SMOD – SMART Modular Technologies Inc.
CPSI – Computer Programs and Systems Inc.SUPG – SuperGen, Inc.
CVVT – China Valves Technology Inc.TEVA – Teva Pharmaceutical Industries Ltd.
CXDC – China XD Plastics Co. Ltd.UTIW – UTi Worldwide Inc.
DLLR – Dollar Financial Corp.VISN – VisionChina Media Inc.
EBAY – eBay, Inc.WFSL – Washington Federal, Inc.
FBCM – FBR Capital Markets Corp.WGBS – WaferGen Bio-systems, Inc.
FMER – FirstMerit Corp.WMAR – West Marine, Inc.
GXDX – Genoptix Inc.

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Earnings Announcements for Tuesday

AutoZone Inc. – AZOTrina Solar Limited – TSL
Convio – CNVOTTI Telecom – TTIL
Cracker Barrel Old Country Store, Inc. – CBRLWSP Holdings Ltd – WH
DSW Inc. – DSWOPartner Communications – PTNR
Dycom Industries – DYPointer Telocation Ltd – PNTR
Elbit Imaging Ltd. – EMITFPulaski Financial – PULB
Flowers Foods – FLOROYAL STD MINERALS INC – RYSMF.OB
HEICO – HEISALARY.COM INC – SLRY
Hutchison Telecommunications International – HTXSanderson Farms – SAFM
ITURAN LOCATION & CONTROL – ITRNSino-Global Shipping Agency – SINO
Ixys Corporation – IXYSSociedad Quimica y Minera de Chile – SQM
Medtronic Inc. – MDTStanley, Inc. – SXE
NETEZZA CORP – NZTefron – TFRFF.OB
Palm Harbor Homes – PHHMTIVO INC – TIVO
DANAOS CORP – DAC

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Unusual Volume

SCLL – Stem Cell Innovations, Inc.BHPLF – BHP BILLITON LTD
BRCD – Brocade CommunicationsSHMN – SOHM Inc
CRM – SALESFORCE.COM INCZBB – ZBB Energy Corp
EXPU – Expert Group, Inc.WSTM – Workstream Inc.
CRGO – Cargo Connection Logistics Holding, Inc.CBRX – Columbia Laboratories
EESO – Enzyme EnvironmentaFLOW – Lava Flow Inc
OEH – ORIENT-EXPRESS HOTETAON – Tao Minerals
CLDX – Avant ImmunotherapeuticsHIBB – Hibbett Sports
AZSEY – ALLIANZ SeNDSN – Nordson Corporation
RRGB – RED ROBIN GOURMET BCEMI – TRADING SOLUTIONS
VRGY – VerigyPROJ – Deltek Inc
WOLV – Wolverine ExplorationEURX – Eurand NV
AMNG – The Amergence GroupICRD – Inetevents Inc
NTMG – NT Mining CorpLQDT – LIQUIDITY SERVICES
DLIA – DELIAS INCLUNMF – LUNDIN MNG CORP
BELM – Bell MicroproductsWLBC – Global Consumer Acq
GETG – Green Earth TechnolSONO – SonoSite, Inc.
ROYE – World Marketing IncSNCTO – SOVEREIGN CAP TR IV
ALYI – Alternet Systems IncGARB – Garb Oil & Powe.
ADLR – Adolor CorpCXE – Mfs Hi Incm Muni
SCC – UltraShort ConsumerALIZF – Allianz AG

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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.

About Antonio Costa 325 Articles

Antonio Costa is a 35 year old part-time trader who trade stocks in the US market.

Visit: AC Investor Blog

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