Hyperdynamics Corporation (HDY) - Hyperdynamics Corporation (HDY) is my top stock pick for 2011 and continues to trade well above my price target. Hyperdynamics continues to hang out in the mid $5's on low volume. Hyperdynamics Corporation (HDY) will have resistance located at $600. HDY is a buy below $5.00 for the long term.
Kodiak Oil & Gas Corp. (KOG) - Kodiak Oil & Gas Corp. is one of my best oil stock ideas for 2011. Kodiak Oil & Gas Corp. (KOG) is one of the up and coming companies in the Bakken Shale. KOG rallied Friday after Jim Cramer called it a buy. Resistance is located at $6.85. KOG should break out again when the stock closes above $6.85.
Samson Oil & Gas Limited (SSN) - SSN is in basing mode as the stock is digesting the huge 35% move in the past three days. SSN will now have resistance located at $3.75. Pullbacks below $3.00 continue to be a buy for a trade.
Paramount Gold and Silver Corp. (PZG) - Paramount Gold and Silver Corp. (PZG) is my Top Gold Stock for 2011. PZG rallied on Friday due to gold prices spiking. PZG will now have resistance located at $4.00. PZG is a buy again below $3.30.
Rite Aid Corp. (RAD) - Rite Aid Corp. (RAD) rebounded on Friday and is still oversold. RAD is a buy below $1.00.
American International Group, Inc. (AIG) - American International Group, Inc. (AIG) continues to bounce off the 200 day moving average. AIG will now have resistance at $41. AIG has support located at $35.78 which is the 200 day moving average.
Molcorp (MCP) - Molcorp (MCP) is now contining the downtrend which started at the start of 2011. MCP continues to be very volatile. Molycorp will have resistance located at $46 on the upside and needs to hold $40 on the downside.
Sirius XM Radio (SIRI) - Sirius XM Radio (SIRI) dropped below $1.70 support on Friday. Sirius XM Radio will now have support at $1.65. Sirius XM Radio is a strong buy on pullbacks below $1.50. SIRI will now have resistance located at $1.88 & $2.00.
Las Vegas Sands Corp. (LVS) - Las Vegas Sands Corp. continues to trade below $40. Las Vegas Sands Corp will have resistance located at $40.50 as well as $43. Las Vegas Sands has support at the $36 level. LVS is buy below $38 now.
Dryships Inc. (DRYS) - Dryships Inc. (DRYS) is back below all three major moving averages. The next major resistance level for Dryships is located at $5.20. Drys has support at $4.48.
Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS) - Daily Finan. Bull 3X Shs(ETF)(FAS) failed near $30 resistance on Friday. FAS will have support located at $27 and resistance located at $30. FAS is a strong buy below $29 per share. I would be avoiding Direxion Daily Financial Bear 3X Shares (FAZ) right now.
Research In Motion Ltd. (RIMM) - Research in Motion Ltd (RIMM) is back above $60. Research in Motion has support at $55 now. Research in Motion will have resistance on the upside located at $65 & $69. RIMM is a strong buy below $55.
Stocks to Watch for Daytrading - Samson Oil & Gas Limited (SSN) - Hyperdynamics Corp (HDY) - DryShips, Inc. (DRYS) - Arena Pharmaceuticals, Inc. (ARNA) - Bank of Ireland (IRE) - Cyclacel Pharmaceuticals, Inc. (CYCC) - Somaxon Pharmaceuticals, Inc. (SOMX) - Rediff.com India Ltd. (REDF) - Allied Irish Banks plc (AIB) - YRC Worldwide Inc. (YRCW) - China Shen Zhou Mining & Resources, Inc. (SHZ) - Limelight Networks, Inc. (LLNW) - Level 3 Communications Inc. (LVLT) - Jones Soda (JSDA)
Amazon.com Inc. (AMZN) - Amazon.com Inc. (AMZN) tested $160 on Friday which held. AMZN stock is a buy below $160 and is starting to look interesting here.
Level 3 Communications Inc. (LVLT) - Level 3 Communications Inc. bounced off the 50 day moving average on Friday. Level 3 Communications is now a buy at $1.10.
Netflix, Inc. (NFLX) - Netflix, Inc. (NFLX) dropped below $210 on Friday. Netflix Inc (NFLX) will now have resistance located at $225. Netflix has support located at $200. Netflix Inc is a buy on pullbacks below $205. NFLX might have put in a low in the short term.
Baidu, Inc. (BIDU) - Baidu, Inc. (BIDU) made a high last week located at $125.40. Baidu Inc will have major resistance up at $131.63. Baidu has support located at $110. If Baidu Inc. (BIDU) breaks below $100, I would start buying back.
Oracle Corp (ORCL) - Oracle Corp (ORCL) was flat on Friday. Oracle stock has support down at $29.75. Oracle does not have any major resistance until $32.25.
YRC Worldwide Inc. (YRCW) - YRC Worldwide Inc. (YRCW) rebounded big time on Friday. YRC Worldwide Inc continues to be at risk of going bankrupt. YRC Worldwide (YRCW) is not a buy for the long term unless the stock breaks back up through $5.00 and holds.
Arena Pharmaceuticals, Inc. (ARNA) - Shares of Arena Pharmaceuticals, Inc. are back below $1.50. Arena Pharmaceuticals has resistance located at $2.00.
Alcoa Inc. (AA) - Shares of Alcoa Inc. (AA) are back above $16. Alcoa Inc (AA) has resistance located at $17.68
Advanced Micro Devices Inc. (AMD) - Advanced Micro Devices Inc. continues to hold $8.00. Advanced Micro Devices Inc. will now have resistance located at $8.75 & $9.15. Advanced Micro Devices will have support down at $8.00.
Goldman Sachs Group, Inc. (GS) - Shares of Goldman Sachs Group rallied on Friday. Goldman Sachs is in a mini downtrend right now but is looking attractive. Goldman Sachs remains a strong buy below $162.
Potash Corp. of Saskatchewan, Inc. (POT) - Potash Corp. of Saskatchewan, Inc. (POT) was flat on Friday. Potash Corp will now have resistance located at $56. Potash Corp. of Saskatchewan, Inc. (POT) is a strong buy below $50.
Allied Irish Banks plc (AIB) Bank of Ireland (IRE) - Allied Irish Banks plc (AIB) & Bank of Ireland (IRE) continue to be very active.
SanDisk Corp. (SNDK) - SanDisk Corp. (SNDK) was up 1% on Friday. SNDK is a buy below $40.
General Electric Company (GE) - General Electric (GE) continues to get with the Japan crisis. GE stock will now have resistance located at $20. GE is a buy below $19 for the long term. For the latest updates PRESS CTR + D or visit Stock Market news Today
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