Stocks to Buy June 22, 2009 6/22/09

Friday, 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 22, 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 - 6/22/09 - Stock Market Ideas

Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS stock was very strong on Friday with no major pullbacks. Resistance continues to be located around $9.40 and $9.82. I'd be a buyer of any pullbacks below $9 at this point for a bounce trade. FAS bounced off $8.60 multiple times this week, a very bullish signal. However, i'd be a buyer of FAZ if FAS jumps above $10.

Citigroup Inc (C:NYSE) - Citigroup was upgraded this morning by Dick Bove, the analyst who continued to back his BUY recomendation on Lehman Brothers ( LEH ) back in August of 2008. Bove gave Citigroup a $4 price target ( wasn't Citi just trading at $4 a month ago? ). Citigroup stock could not get above $3.26 on Friday but did hold $3. Check out my Citigroup Technical Analysis.

Research In Motion Ltd. (RIMM) - RIMM stock hit around $71.50 after earnings were released on Thursday night. The stock then roared back to $76.50 a few hours after. I was very surprised with snap back rally last night but today we are getting a reality check. As long as RIMM holds $70, I think you can take a shot below $73 or lower. $77 is resistance on the upside which if broken will take the stock back to retest $80.

TerreStar Corporation (TSTR) - TSTR stock spiked 30% Friday on anticipation of a product launch. TerreStar Announces Launch Date

Cell Therapeutics, Inc. (CTIC) - Shares of CTIC were on fire Friday on no news. CTIC was able to punch back up through $1.37 and the stock ran to $1.53. If CTIC can break up through $1.53 on Monday, I will jump in for a trade.

Hemispherx Biopharma, Inc. (HEB) - Still waiting on an FDA approval decision on CFS drug Ampligen. Keep this stock on your radar, can hit any time.

Chesapeake Energy Corporation (CHK) - Was mentioned on CNBC Friday afternoon as a hidden trade stock pick. Be careful though, the 200 day moving average is located at $20.84, a close below this level would be bearish.

SpongeTech Delivery Systems, Inc. (SPNG.OB) - SPNG stock continues to drift higher after last weeks stock crash. SPNG has really stabilized so keep an eye on it for a break above $0.17 and $0.20.

eDOORWAYS Corporation (EDWY.PK) - EDWY stock was all over the place Friday but was strong and steady in the mid $0.03's during the afternoon trading session. The company will be holding a conference call on June 29th. Discuss EDWY

Other Stocks To Watch - June 22, 2009

Sealy Corp. (ZZ)
Smith & Wesson Holding Corp. (SWHC)
Flow International Corp. (FLOW)
Genworth Financial Inc. (GNW)
Wyndham Worldwide Corporation (WYN)
China Medical Technologies Inc. (CMED)
Novell Inc. (NOVL)

Penny Stocks to Watch - 6/22/09

Medis Technologies Ltd. (MDTL)
Aries Maritime Transport Ltd. (RAMS)
Edge Petroleum Corp. (EPEX)
TranSwitch Corp. (TXCC)
Avanir Pharmaceuticals (AVNR)
Infosonics Corp. (IFON)
Zhone Technologies Inc. (ZHNE)
WPT Enterprises Inc. (WPTE)

OTC & Pink Sheets Stocks to Watch - 6/22/09

Discuss these at http://stockstobuy.org

ECOLOCLEAN INDUSTRS (ECCI.PK)
Left Behind Games Inc. (LFBG.OB)
SpongeTech Delivery Systems, Inc. (SPNG.OB)
eDOORWAYS Corporation (EDWY.PK)
Ingen Technologies, Inc. (IGNT.PK)
MAGELLAN ENERGY NEW (MGLG.PK)

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks

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