Stocks in Play for June 17 (AOB, JDSU, LVLT, PLUG, ROYL)

JDS Uniphase (JDSU) looks like it wants to breakout of a consolidation range, as the stock closed slightly higher on Wednesday. I’m watching the stock today and I’m a buyer if it can break Wednesday’s high of $11.81. If the stock can break resistance, we should see an increase in volume to drive the stock higher. Watch the stock closely today.

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Level 3 Communications (LVLT) looks to be breaking out, as the stock closed up $.08 on Wednesday. The stock looks to have bounced off lows earlier this month as it gains upside momentum. LVLT is a fast moving stock, so you need to watch it closely and be ready for this upside move.

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American Oriental Bioengineering (AOB) made a strong upside move on Wednesday, after the stock had been consolidating at lows for the past five days. Wednesday’s high was $2.99, which is too close to the natural resistance at $3. I’m using the May 28th high of $3.14 as resistance for my buy point.

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Plug Power (PLUG) is back on my list for today, as the stock traded up $.042 on Wednesday. I like the chart formation for this stock and expect to see a stronger breakout move. Resistance is now $0.487. Keep the stock on your radar for the next few trading days. If PLUG can break through resistance, we should see a strong upside move.

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Royale Energy (ROYL) broke out of a range on Wednesday as the stock closed up $.11 on the day. Volume was huge !!! Seeing the moving averages above I analyse that the stock is now above its 50-day and 200-day moving averages. If it sustain we may see more rise in the stock in the next few days. I like the stock for the long-term. ROYL hit a high of $2.58, which is resistance for the continuation move.

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Stocks that have a Bullish Engulfing pattern at the end of their daily chart

MDT – MEDTRONIC INC ITG – INVESTMENT TECHNOLO
ABC – AMERISOURCEBERGEN CORP CME – CME Group Inc
HOLX – Hologic, Inc. UTIW – UTI Worldwide Inc
PPL – PPL CORPORATION PPC – PILGRIMS PRIDE CP
FST – FOREST OIL CORP WMGI – Wright Medical Group
DG – Dollar General Corp SIRO – Sirona Dental Systems
ANH – Anworth Mortgage As ARB – ARBITRON INC
VOLC – VOLCANO CORPORATION PBTH – Prolor Biotech
CMO – CAPSTEAD MORTGAGE CORP LFL – Lan Airlines
TWTC – Tw Telecom Inc A ST – Sensata Technologies
GRT – GLIMCHER REALTY TRUST

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Unusual volume Detected

FNM – Fannie Mae BLT – BLOUT INTERNATIONAL
FRE – Freddie Mac PINN – Pinnacle Gas Resoures
ICBT – ICBS LTD SOLU – SOLUTIONS GROUP INC
PWLK – POWERLOCK INTL CORP MRVC – Mrv Comm Inc
NUBL – Numobile, Inc. KIWB – Magnitude Information
CYOS – CYOP SYSTEMS INTL INC GTU – Central Gold Trust
BFHJ – BENEFICIAL HOLDINGS INC GEYI – Global Energy Inc
SMTS – Somanetics Corporation SGU – STAR GAS PARTNERS L P
DTSL – Delivery Technology TARRQ – Tarragon
JDAS – JDA Software Group PUBGY – PUBLICIS SA
CRIS – CURIS INC ITIG – Intelligroup, Inc.
ADPAS – Adelphia Recovery T EFGU – Empire Film Group Inc
GXDX – Genoptix Inc LLSR – Lantis Laser Inc
FSC – Fifth Street Finance Corp. CRMY – Carmel Energy Inc
BPFH – Boston Private Financial CHIM – Global X China Mate
ADPAJ – ADELPHIA RECOVERY ARAHOVA GASS – STEALTHGAS INC
BDCO – Blue Dolphin Energy PERT – Triden Telecom Inc
CVRG – Converge Global, Inc. FTLK – Funtalk China Holdings
URRE – URANIUM RESOURCES INC CRGE – Clenergen Corp
ACAD – ACADIA PHARMACEUTICAL FEEL – Feel Golf Co Inc
SMMX – Symyx Technologies

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MACD Crossed above 0

MOT – MOTOROLA INC ATI – Allegheny Technolog
EMC – EMC CORP CCK – CROWN CORK & SEAL I
CMCSA – Comcast Corporation CAVM – Cavium Networks Inc
KEY – KEYCORP EPI – WisdomTree India Ea
ATVI – Activision, Inc. KEG – Key Energy Services
SMTS – Somanetics Corporation TCB – T C F FINANCIAL CORP
HST – HOST MARRIOTT CORP UL – Unilever PLC
XLNX – Xilinx, Inc. USU – USEC INC
IP – INTERNATIONAL PAPER CO DTE – D T E ENERGY CO
CX – CEMEX S.A. AMB – AMB Property Corp
ACTC – Advanced Cell Techn PFN – PIMCO FLT RATE STRA
TSN – TYSON FOODS INC CL A SLG – SL Green Realty Corp
UNP – UNION PACIFIC CORP ALV – AUTOLIV INC
MAR – MARRIOTT INTL INC NEW KLIC – Kulicke and Soffa I
TRV – The Travelers Co FMCN – Focus Media Hldg
RAX – Rackspace Hosting Inc NIHD – NII Holdings Inc
MMR – MCMORAN EXPLORATION CO CRS – CARPENTER TECH CORP
DNR – DENBURY RESOURCES INC DRLY – DORAL ENERGY CORP
AEP – AMERICAN ELEC PWR C GOL – GOL LINHAS AEREAS I
VIP – Vimpelcom Ltd CINF – Cincinnati Financial
MCHP – Microchip Technolog INFA – Informatica Corp
EIX – EDISON INTERNATIONAL DXCM – DEXCOM
UN – UNILEVER N V HIW – Highwoods Properties
WYNN – Wynn Resorts LTD BMR – BIOMED REALTY TR INC
KOG – KODIAK OIL & GAS CP PLL – PALL CORP
VNQ – VANGUARD SPEC FDS R HOC – Holly Cp
AEM – AGNICO EAGLE MINES LTD AVNR – Avanir Pharm
NVE – SIERRA PACIFIC RESO JRCC – JAMES RIVER COAL CO
FPL – Nextera Energy EXXI – Energy XXI Ltd
FNSR – Finisar Corporation EXH – Exterran Holdings Inc
PINN – Pinnacle Gas Resources PUBGY – PUBLICIS SA
UDR – UDR Inc TMK – TORCHMARK CORP
CRAY – Cray Inc

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New 52-week High stocks

LVS – LAS VEGAS SANDS CP DISCA – Discovery Holdings
LCC – US AIRWAYS GROUP INC ARUN – Aruba Networks Inc
SNDK – SanDisk Corporation ICE – INTERCONTINENTALEXC
SBUX – Starbucks Corporation SAPE – Sapient Corporation
SMTS – Somanetics Corporation THOR – Thoratec Laboratories
CRUS – Cirrus Logic, Inc. FST – FOREST OIL CORP
EP – EL PASO CORP SKX – SKECHERS USA INC
NBIX – Neurocrine Bioscien QCOR – Questcor Pharm
SUN – SUNOCO INC UA – UNDER ARMOUR INC
UAUA – UAL CORP CLR – Continental Resources
CAL – CONTINENTAL AIRLINES VQ – Venoco Inc
ABC – AMERISOURCEBERGEN CORP ARBA – Ariba, Inc.
AKAM – Akamai Technologies DXCM – DEXCOM
INTU – Intuit Inc. ALK – ALASKA AIR GROUP
VRSN – VeriSign, Inc. CLC – CLARCOR INC
RHT – Red Hat, Inc. AAP – ADVANCE AUTO PARTS
OVTI – OmniVision Technolo NHP – NATIONWIDE HLTH PRO
CTRP – CTRIP.COM INTL LTD ADS SRCL – Stericycle, Inc.
HCP – HCP Inc MKC – MCCORMICK & CO INC
AVGO – Avago Technologies BEZ – BALDOR ELECTRIC CO
PEG – Public Service Elec UPI – Uroplasty Inc
FFIV – F5 Networks, Inc. MELI – MercadoLibre Inc
HAS – HASBRO INC MIL – MILLIPORE CORP
LULU – lululemon athletic GOLD – RANDGOLD RESOURCES
CROX – CROCS INC

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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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