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. – AZO Trina Solar Limited – TSL
Convio – CNVO TTI Telecom – TTIL
Cracker Barrel Old Country Store, Inc. – CBRL WSP Holdings Ltd – WH
DSW Inc. – DSWO Partner Communications – PTNR
Dycom Industries – DY Pointer Telocation Ltd – PNTR
Elbit Imaging Ltd. – EMITF Pulaski Financial – PULB
Flowers Foods – FLO ROYAL STD MINERALS INC – RYSMF.OB
HEICO – HEI SALARY.COM INC – SLRY
Hutchison Telecommunications International – HTX Sanderson Farms – SAFM
ITURAN LOCATION & CONTROL – ITRN Sino-Global Shipping Agency – SINO
Ixys Corporation – IXYS Sociedad Quimica y Minera de Chile – SQM
Medtronic Inc. – MDT Stanley, Inc. – SXE
NETEZZA CORP – NZ Tefron – TFRFF.OB
Palm Harbor Homes – PHHM TIVO INC – TIVO
DANAOS CORP – DAC

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Unusual Volume

SCLL – Stem Cell Innovations, Inc. BHPLF – BHP BILLITON LTD
BRCD – Brocade Communications SHMN – SOHM Inc
CRM – SALESFORCE.COM INC ZBB – ZBB Energy Corp
EXPU – Expert Group, Inc. WSTM – Workstream Inc.
CRGO – Cargo Connection Logistics Holding, Inc. CBRX – Columbia Laboratories
EESO – Enzyme Environmenta FLOW – Lava Flow Inc
OEH – ORIENT-EXPRESS HOTE TAON – Tao Minerals
CLDX – Avant Immunotherapeutics HIBB – Hibbett Sports
AZSEY – ALLIANZ Se NDSN – Nordson Corporation
RRGB – RED ROBIN GOURMET B CEMI – TRADING SOLUTIONS
VRGY – Verigy PROJ – Deltek Inc
WOLV – Wolverine Exploration EURX – Eurand NV
AMNG – The Amergence Group ICRD – Inetevents Inc
NTMG – NT Mining Corp LQDT – LIQUIDITY SERVICES
DLIA – DELIAS INC LUNMF – LUNDIN MNG CORP
BELM – Bell Microproducts WLBC – Global Consumer Acq
GETG – Green Earth Technol SONO – SonoSite, Inc.
ROYE – World Marketing Inc SNCTO – SOVEREIGN CAP TR IV
ALYI – Alternet Systems Inc GARB – Garb Oil & Powe.
ADLR – Adolor Corp CXE – Mfs Hi Incm Muni
SCC – UltraShort Consumer ALIZF – 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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