Trade Ideas: AAPL, DEXO, HALO, INHX

Inhibitex, Inc. (NASDAQ:INHX) broke out yesterday, after it has been consolidating the past few trading days. The stock moved up on heavy volume and should have a continuation move today. If the stock can break through yesterday’s high of $13.94, I am a buyer of the stock.

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Shares of Dex One Corporation (NYSE:DEXO) surged 52% to $1.57 per share. The technical chart below shows possibility of new rally as %K line is on top of %D line again with stock back above 50-day MA. In addition, the MACD is on top over signal line. If the stock can break through yesterday’s high of $1.82, I am a buyer of the stock.

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Apple Inc. (NASDAQ:AAPL) is on the verge of really blowing up. I wouldn’t be surprised to see the stock test $384.95 at some point over the next few days. The chart sure shows a possible reversal in trend coming. A breakout beyond $380 will take the price to $384. Hold the stock with a stop below its recent low at $363.32.

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Halozyme Therapeutics, Inc. (NASDAQ:HALO) broke out to new 52-week highs yesterday. I’m expecting to see the stock continue this move today. As long as the stock stay above $8.32 area, the bullish scenario is still intact. Technical chart shows bullish sign with %K line on top of %D line and MACD on top of signal line.

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Unusual Volume:

AMR – A M R CORP
MDGC – MediaG3, Inc.
SGCP – Sierra Gold Corporation
JBLU – JetBlue Airways Corporation
MRNA – Nastech Pharmaceutical
MNGPY – Man Group PLC
VELA – Mortlock Ventures Inc
TIF – TIFFANY AND CO
EEE – KFX Inc
DEXO – Dex One Corp
MSLP – MUSCLE PHARM CORP
SUG – SOUTHERN UNION CO
IDGI – INCA Designs, Inc.
PCYS – PrimeCare Systems Inc
POLJF – Polo Resources Ltd
RGNA – Ethos Environmental
LYRI – J.L. Halsey Corp
SFL – SHIP FINANCE INTL LTD
LTHU – Lithium Technology
CFW – CANO PETROLEUM INC
MDAV – Dafoe Corp
VSHC – VisualMED Clinical Systems Corp.
CHC – CHINA HYDROELECTRIC
XING – Qiao Xing Uni Re
AAR – AMR CORP
RGIN – Regenicin Inc
CAST – GREAT WALL ACQUISITION
MAGS – Magal Security System
TTGT – TechTarget Inc

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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