Molcorp (MCP) - Molcorp (MCP) traded back in the $55's on Friday. MCP has seen a huge volume spike on this move which means we may be headed back to the highs. Molycorp will have resistance located between $56-$57 on the upside and needs to hold $50 on the downside.
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 is basing after a large move over the past two weeks. Resistance is located at $7.00. KOG is now a strong buy below $6.40 if we see a pullback.
Samson Oil & Gas Limited (SSN) - SSN was up a little bit on Friday. SSN will now have resistance located at $4.30. 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 hit $3.80 on Friday and then bounced. PZG will have resistance located at $4.25. PZG is a buy again below $3.50.
Rite Aid Corp. (RAD) - Rite Aid Corp. (RAD) was flat on Friday. 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 $35.50.
Sirius XM Radio (SIRI) - Sirius XM Radio (SIRI) is trading back above $1.70. Sirius XM Radio will now have support at $1.60. 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. (LVS) continues to rip to the upside. Las Vegas Sands Corp will have resistance located at $46 now. Las Vegas Sands (LVS) continues to be a buy below $38
Dryships Inc. (DRYS) - Dryships Inc. (DRYS) jumped again Friday and may be going back to $5.00. 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) are trading back up at $30. 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) dropped hard after earnings on Thursday night. Research in Motion has support at $55 now. Research in Motion will have resistance on the upside located at $60 & $65. 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) was upgraded on Thursday and continues to move higher. AMZN will have resistance at $180.
Level 3 Communications Inc. (LVLT) - Level 3 Communications Inc. (LVLT) is back in the $1.40's. Level 3 Communications is now a buy at $1.10.
Netflix, Inc. (NFLX) - Netflix, Inc. (NFLX) traded flat on Friday. Netflix Inc (NFLX) will have resistance located at $233. Netflix has support located at $209. Netflix Inc is a buy on pullbacks below $205. NFLX will continue to be volatile.
Baidu, Inc. (BIDU) - Baidu, Inc. (BIDU) hit a new 52 week high on Friday. Baidu Inc will have major resistance up at $145. Baidu has support located at $115. If Baidu Inc. (BIDU) ever falls below $105, I would start buying back.
Oracle Corp (ORCL) - Oracle Corp (ORCL) hit a new 52 week high on Friday. Oracle stock has support down at $32. Oracle does not have any major resistance until $35.
YRC Worldwide Inc. (YRCW) - YRC Worldwide Inc. (YRCW) is back testing $2.00 again. 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.
Advanced Micro Devices Inc. (AMD) - Advanced Micro Devices Inc. (AMD) had another nice day on Friday. Advanced Micro Devices Inc. will now have resistance located at $9.15. Advanced Micro Devices will have support down at $8.00.
Goldman Sachs Group, Inc. (GS) - Shares of Goldman Sachs Group (GS) are back below $160. Goldman Sachs (GS) is in a mini downtrend right now but is looking attractive. Goldman Sachs (GS) remains a strong buy below $162.
Potash Corp. of Saskatchewan, Inc. (POT) - Potash Corp. of Saskatchewan, Inc. (POT) spiked over 3% on Friday. Potash Corp will now have resistance located at $62. 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) traded back above $45 on Friday. SNDK is a buy below $40. Source daytradingstockblog... For the latest updates PRESS CTR + D or visit Stock Market news Today
No comments:
Post a Comment