Thursday, 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 June 12, 2009. Also, check out the Biggest Stock Gainers of the Day. You can also find previous stocks to buy reports - Right Here
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Stocks to Watch - 6/12/09 - Stock Market Ideas
Capstone Turbine Corp. (CPST) - CPST stock soared today after the company released the following news - Photo Release -- Capstone C30 Successfully Integrated Into Ford Vehicle by Langford Performance Engineering Ltd. CPST has resistance at $1.18 and then there really isn't anything until $1.40 and $1.67. Support is at the 200 day moving average - $0.99
Ford Motor Company (F) - Speaking of Ford, the stock has hit a double top in the $6.50's and is trading down Thursday despite a strong market. Keep an eye on two support levels of $5.75 and $5.50. If these are broken, look for F stock to retest $5 again. As soon as Ford closes over $6.54, a new break out will occur.
Spongetech Delivery Systems, Inc. ( SPNG ) - SPNG stock continues to skyrocket. If you were watching the Yankees Red Sox game Wednesday Night in the 7th inning, you probably noticed the Spongtech ad in back of home plate. Great advertising! SPNG broke $0.20 Thursday and it testing resistance of around $0.25 per share. The volume continues to be solid and I would now be selling a break back below $0.20.
Smurfit-Stone Container Corporation ( SSCCQ ) - SSCCQ is a pink sheets stock that has been soaring this week along with SPNG. Keep an eye on it! Smurfit-Stone Recycling and Waste Solutions Featured at Waste Expo, June 8-11, in Las Vegas.
Hemispherx Biopharma, Inc. (HEB) - HEB stock broke below the 10 day moving average on Thursday morning but then surged around 1pm on heavy volume. Investors continue to wait on the FDA decision ruling on their drug Ampligen. If the news ever comes out, I will be posting it on my blog ASAP!
Cell Therapeutics, Inc. (CTIC) - CTIC stock is looking weak and testing support of $1.50. A close below $1.50 would be bearish and I would be exiting my position if I had one. I am waiting for CTIC to close back over $1.85 before I get in again. With the 10 day moving average located at
$1.70, this is the most CTIC has traded under the 10 day moving average since the stock was in the $0.30's
Jazz Pharmaceuticals, Inc. (JAZZ) - JAZZ stock has been a day traders delight for the past two trading sessions. Friday, the company will be making one additional presentation in Denmark. JAZZ should be on all traders radars for the next two weeks at least.
Direxion Daily Financial Bear 3X Shares (FAZ)
Direxion Daily Finan. Bull 3X Shs(ETF)(FAS) - Wednesday, FAS stock traded in between the support zone of $9.82-$10.00. Thursday, FAS was back testing the resistance area in the $10.80's. The fact that $9.82 held is very bullish for current FAS holders. A close above $11 should start a new break out.
Citigroup Inc (C:NYSE) - Citigroup stock is dead money right now, I am now watching for a close back over $3.70 to get back in the stock and will add to my position above $4. $3.32 continues to be solid support.
Other Stocks to Watch - June 12, 2009
STAAR Surgical Company (STAA)
Royale Energy Inc. (ROYL)
Chindex International Inc. (CHDX)
CROCS Inc. (CROX)
Allied Irish Banks plc (AIB)
Human Genome Sciences Inc. (HGSI)
Metalico Inc. (MEA)
American Capital, Ltd. (ACAS)
Century Aluminum Co. (CENX)
Vical Inc. (VICL)
Penny Stocks to Watch - 6/12/09
Commonwealth Biotechnologies Inc. (CBTE)
WPT Enterprises Inc. (WPTE)
Riviera Holdings Corp. (RIV)
Kowabunga! Inc. (KOW)
Level 3 Communications Inc. (LVLT)
Plug Power Inc. (PLUG)
Hydrogenics Corp. (HYGS)
Neurogen Corp. (NRGN)
EMCORE Corporation (EMKR)
Quantum Fuel Systems Technologies Worldwide Inc. (QTWW)
Teton Energy Corp. (TEC)
Meridian Resource Corp. (TMR)
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks
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