Stocks in Play for June 22 (AA, SIRI, SYNA, YGE)

Sirius XM Radio (SIRI) has been under pressure recently but in the last sessions the stock reversal its trend. The stock had a very bullish action in the last two weeks rebounding nearly 20 percent of the recent downward move. The stock closed in today’s session at $1.08 with gains of 3.85%. Looking at the technical chart, the stock is currently in a short-term uptrend. It has resistance at $1.13 and then at $1.23. On the downside, it has strong support around $1.03 to $1 levels. If these levels are broken, then the trend would become down. Continue to watch SIRI because the stock should give us an opportunity for a trade soon.

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Synaptics (SYNA) traded higher today, after the stock received an analyst upgrade. $30.50 is resistance for the continuation move. This upside move in a weak market tells us there are buyers for SYNA. The technical daily chart shows the stock has just entered into a bull market as the stock is now on top of 50-day moving average and 200 day moving average. In addition , the 50-dma has crossed on top over 200-dma in April forming the Golden Cross, a very positive sign.

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Alcoa (AA) had a strong day as the stock closed up $.61 on heavy volume. Today’s high of $12.12 is now resistance for the continuation move that should occur very soon. I’m a buyer of AA once it breaks resistance, as I expect to see a strong upside move.

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The stock has been in a range over the past six trading days. Yingli Green Energy Hold. Co. (YGE) looks like it wants to breakout of this range, but has not been able to gain the needed momentum. Today’s high of $10.87 is the top of this range, which makes it resistance for the breakout move. You should keep this stock on your screen radar.

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

MSFT – Microsoft Corporation HMY – HARMONY GOLD MINING
MRVL – Marvell Technology NWL – NEWELL RUBBERMAID INC
WMT – Wal-Mart Stores Inc NVE – SIERRA PACIFIC RESOURCES
AUY – YAMANA GOLD INC NKE – NIKE INC CL B
GDX – MKT VECT GOLD MNRS ARO – AEROPOSTALE INC
SD – Sandridge Energy Inc STR – QUESTAR CORP
OXY – OCCIDENTAL PETROLEU AINV – APOLLO INVT CORP
SYMC – Symantec Corporation TQNT – TriQuint Semiconductor
SWKS – SKYWORKS SOLUTNS SVM – Silvercorp Metal
MYL – Mylan Inc SRE – SEMPRA ENERGY
DNDN – Dendreon Corporation MCHP – Microchip Technolog
JBLU – JetBlue Airways Corporation CELG – Celgene Corporation
KGC – KINROSS GOLD CORP AN – AUTONATION INC
XLNX – Xilinx, Inc. VIV – Telesp Celular Part
APA – APACHE CORP SY – Sybase Inc
BBBY – Bed Bath & Beyond Inc. XEC – Cimarex Energy Co
GPN – GLOBAL PAYMENTS INC MJN – Mead Johnson Nutrition
EXC – EXELON CORPORATION PAAS – Pan American Silver
TJX – TJX COMPANIES INC FPL – Nextera Energy
SQM – Sociedad Quimica EL – ESTEE LAUDER COMPANIES
PEG – Public Service Elec AGQ – ProShares Ultra Silver
SO – SOUTHERN CO KLIC – Kulicke and Soffa
PGR – PROGRESSIVE CORP LEAP – LEAP WIRELESS INTL
FRX – FOREST LABORATORIES

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New 52-week High stocks

LVS – LAS VEGAS SANDS CP AMT – AMERICAN TOWER CORP
AIPC – AMERICAN ITALIAN PA CROX – CROCS INC
AAPL – Apple Inc CMI – CUMMINS ENGINE CO INC
CRUS – Cirrus Logic, Inc. NGD – DRC RESOURCES CP
SNDK – SanDisk Corporation MTB – M & T BANK CORP
EP – EL PASO CORP PEG – Public Service Elec
NTAP – NetApp Inc SUN – SUNOCO INC
EGO – ELDORADO GOLD CP AKAM – Akamai Technologies
SBUX – Starbucks Corporation CAL – CONTINENTAL AIRLINES
SWKS – SKYWORKS SOLUTNS ENTR – Entropic Communications
TIE – TITANIUM METALS CORP VRSN – VeriSign, Inc.
CTRP – CTRIP.COM INTL LTD ADS CRM – SALESFORCE.COM INC
IR – INGERSOLL RAND CO

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New 52-week Low stocks

AFFY – Affymax Inc GXDX – Genoptix Inc
NOK – NOKIA CORP MYGN – Myriad Genetics, Inc.
COCO – Corinthian Colleges SYKE – Sykes Enterprises

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List of stocks whose MA 13 crossed above the MA 50 ( Bullish Cross )

AIPC – AMERICAN ITALIAN PA CPE – CALLON PETROLEUM CO
SU – SUNCOR ENERGY INC TPX – TEMPUR-PEDIC INTL INC
OXY – OCCIDENTAL PETROLEU FMX – FOMENTO ECONOMICO M
MHS – MEDCO HEALTH SOLUTION COO – COOPER COS INC NEW
EFJI – Ef Johnson Tech SBAC – SBA Communications

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List of stocks whose volume has spiked 250% or more above its average daily volume

BVF – BIOVAIL CORPORATION OOGI – Odysey Oil Enrgy
AIPC – AMERICAN ITALIAN PA CWLZ – Cowlitz Bancorp
CYPB – Cypress Bioscience ICPRE – ICP Solar Technolog
ABHI – AmbiCom Holdings Inc DALXF – Dualex Energy Intl Inc
DMAT – Dematco Inc EAG – American Defense Sy
MTRO – Metro One Development SPMI – SPEEDEMISSIONS INC
CYRV – CRYSTAL RIVER CAPIT DIGI – Digitiliti 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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