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Potential Breakout Stocks of the Day:

Wednesday, April 22, 2009

Stocks to Buy April 23, 2009 4/23/09

Wednesday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for April 23, 2009. Also, check out the Biggest Stock Gainers of the Day. You can also find previous stocks to buy reports - Right Here

Stocks to Watch - 4/23/09 - Stock Market Ideas

Financials: The financial stocks such as Citigroup ( C ), Bank of America ( BAC ), Wells Fargo ( WFC ), Financials Bull 3x ( FAS ), and Financial Bear 3x ( FAZ ) were all over the place on Wednesday. Expect the volatility to continue! FAS has short term support at $7 and $6.00.

Lear Corp. (LEA) - Lear broke out to the upside Wednesday on no news. LEA now trades above the 10 day moving average at $0.93. I will be watching for a break back up through $1.00 before I start trading this stock.

Cell Therapeutics, Inc. (CTIC) - CTIC broke out on huge volume Wednesday on no news. The volume was 5 times normal daily volume. Looking at the charts, CTIC has support around $0.37-$0.38 and resistance between $0.43-$0.45 as well as $0.49. For some reason, CTIC has been a very popular stock lately. We could be looking at the start of a nice break out!

Other Stocks to Watch for Thursday:

RC2 Corp. (RCRC)
ION Geophysical Corporation (IO)
PF Chang's China Bistro Inc. (PFCB)
AirTran Holdings Inc. (AAI)
GMX Resources Inc. (GMXR)
Temple-Inland Inc. (TIN)
CapitalSource Inc. (CSE)
Ingersoll-Rand Co. Ltd. (IR)
Andersons Inc. (ANDE)
CROCS Inc. (CROX)
Tenet Healthcare Corp. (THC)

Penny Stocks to Watch 4/23/09

Oscient Pharmaceuticals Corp. (OSCI)
BankUnited Financial Corporation (BKUNA)
Spansion Inc. (SPSN)
Cyclacel Pharmaceuticals, Inc. (CYCC)
TXCO Resources, Inc. (TXCO)
Bionovo Inc. (BNVI)
Biopure Corp. (BPUR)

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