InterDigital, Inc. (NASDAQ:IDCC) – The bulls have no reason to be alarmed yet. In fact, they may have a reason to celebrate, the stock closed the week above the key resistance level of $75, a strong Bullish signal for this week.

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XenoPort, Inc. (NASDAQ:XNPT) – Closed above the major resistance line at $6.99. Looks good over $7.18 ( 50-day SMA ) with volume. Although both 50 day and 200 day moving averages are falling, the rising KD shows the stock is probably now in recovery mode.

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FormFactor, Inc. (NASDAQ:FORM) is too cheap to be ignored. This is far under-valued stock in semi-conductor field. FormFactor, Inc. is a financially solid company with great fundamentals and will continue to be an excellent play in its sector. The current price is also certainly very attractive. It has no debt, 414 millions of market capitalization and about $325 million of cash or $6.38. Institutions own 90% of the company’s shares. The company is repurchasing shares and is authorized to purchase an additional $46 million worth of shares over the next three months. From a technical perspective, the short term technical indicators are showing oversold readings. Probably on the upside we could see a bounce to around $8.50 or even $8.93 levels on FormFactor.

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American Oriental Bioengineering, Inc. (NYSE:AOB) has held up fairly well. Thursday’s heavy volume could be a precursor to a new vertical move. Taking a look at the daily chart below we see that price action is still retracing to the upside. The RSI and Stochastics also indicates existence of strength. Positive MACD action. This may be a strong signal for fresh upside. All the smaller cap Chinese stocks are starting to rebound from the bloodbath. Keep it on your watch list.

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THQ Inc. (NASDAQ:THQI) – The stock failed to continue its bullish momentum on Friday, bottomed at 1.82 and closed at 1.85. However, the stock dropped on low volume, don’t forget that. The insider transaction chart shows that for the past few days the top executive has been purchasing the stock. In addition, institutions own 98.7% of the company’s shares. The purchasing of common stocks from insiders should give a boost to the disappointing performance of THQI stock which went from $6.01 per share last March to 52 weeks low of $1.74 cents on Thursday.

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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 324 Articles

Antonio Costa is a 35 year old part-time trader who trade stocks in the US market.

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