Trade Ideas: CBOU, MMI, SCEI, SIRI, THQI

THQ Inc. (NASDAQ:THQI) – Nice reversal from the lows yesterday. Going long here. RSI is turning which means we are looking at a rebound. Today, the stock might go above $2. Short-term investors can buy with a stop at $1.80 and long-term investors can hold with a stop at $1.74. Let’s keep an eye on her as i think momentum will pick up. Institutions still holding an incredible amount of shares. Invesco announced yesterday that owns over 10% of the company. Stay tuned on THQI…..

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Technically, I think Sino Clean Energy Inc. (NASDAQ:SCEI) is bottoming out here and will run back to $2 bucks or so. Use a strict stop-loss of $1.51 on closing basis.

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Motorola Mobility Holdings Inc (NYSE:MMI) – Watching for $25.17 breakout. All indicators are in favor of an upward price movement. MACD has generated a buy signal and is currently above the 0 line. This momentum could push this stock much higher from here, so keep the stock on your radar for today’s trading day, as there is good upside potential in this move.

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Shares of Caribou Coffee Company, Inc. (NASDAQ:CBOU) made a new 52 week high today closing at $16.90 on heavy volume. The stock hit a high of $17.25, which is now resistance for today’s continuation move. If the stock can break through resistance, we should see another strong upside move. CBOU will move very quickly, so watch the stock closely today.

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Sirius XM Radio Inc. (NASDAQ:SIRI) closed the day just above the break out point after some decent swings. The stock has been beaten down since July, but at this moment it seems pretty clear that buyers have been waiting in the 1.68-1.8 range. The stock may attempt to go higher from here. If the near-by support at $1.806 holds up today, a rally up to the $2 level is probable or even possible. Only a close below $1.75 would negate the positive outlook.

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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.

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