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 January 7, 2010. Also, check out some of the biggest stock gainers of the Day. You can also find previous stocks to buy reports - Right Here
Stocks to Watch - 1/7/10 - Stock Market Investing Ideas
Discuss Stocks - http://stockstobuy.org
Adeona Pharmaceuticals, Inc. (AEN) - Shares of Adeona Pharmaceuticals, Inc. have been rising on no new over the past few days. AEN is one of the hottest penny stocks of 2010 so far. A break above Wednesday's high of $1.20 would be bullish.
China Direct Industries, Inc. (CDII) - CDII continues to surge after the company provided guidance for 2010. I have my eye on the 52 week high of $2.40, a break above that level would be huge.
Sunesis Pharmaceuticals Inc. (SNSS) - Shares of Sunesis Pharmaceuticals Inc. surged back over the 10 day moving average on Wednesday. I'd be a buyer of pullbacks to $1.2o and would be a buyer on a break above $1.62.
Athersys, Inc. (ATHX) - I bought some shares of Athersys, Inc. Wednesday morning after the stock broke up through the high of day during the morning. As I type this, ATHX is surging once again and is showing signs of a trend reversal. I will continue to hold the stock on a break above $4.05. The 10 day moving average is all the way up at $4.60.
Origin Agritech Limited (SEED) - Shares of Origin Agritech Limited shot up to $13.60 Wednesday but then reversed lower. This could signal a short term top for the stock. Still, I continue to have it high on my watchlist.
SIRIUS XM Radio Inc. (SIRI) - Siri began the day above $0.70 but then sold off throughout the morning. Keep an eye on a close above $0.70 during the rest of the week. This would get me back into the stock.
Research In Motion Ltd. (RIMM) - RIMM resumed It's downtrend Wednesday after a few downgrades over the past week. I am looking to buy RIMM when it bottoms but there is no sign of that quite yet. I will plan to buy RIMM the next time it breaks through It's high of the day.
Advanced Micro Devices Inc. (AMD) - I like AMD as long as it remains above $9. If it falls below $9, I will look to buy between $7-$8. Resistance is now located at $10.04.
American Intl Group, Inc. (AIG) - I only like AIG above $30.....short term resistance is located at $30.54 and if the stock breaks above $33, I will get back into the stock.
Bank of America Corp (BAC) - Bank of America Corporation is set to close over the 50 day moving average for the third straight day. Any correction back to the 50 day moving average will now be met with heavy buying. I could see this stock trading between $17-$18 in the next few weeks.
Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS continues to break out with the financial sector. GS, C, BAC are all breaking out which is helping FAS. Resistance is now $82.79. I would not be buying FAZ here.
Freddie Mac (FRE) - Support = $1.37 - Resistance = $1.52
Fannie Mae (FNM) - Support = $1.08 - Resistance $1.23
New 52 Week Highs - Wednesday
Agrium Inc. (AGU)
Alpha Natural Resources, Inc. (ANR)
Apache Corp. (APA)
Arch Coal Inc. (ACI)
Brigham Exploration Co. (BEXP)
Boeing Co. (BA)
Chevron Corp. (CVX)
Clean Energy Fuels Corp. (CLNE)
Cliffs Natural Resources Inc. (CLF)
Coach Inc. (COH)
Gannett Co., Inc. (GCI)
Incyte Corporation (INCY)
Intuitive Surgical, Inc. (ISRG)
Ivanhoe Mines Ltd. (IVN)
JA Solar Holdings Co., Ltd. (JASO)
JDS Uniphase Corp. (JDSU)
Lululemon Athletica Inc. (LULU)
Marvell Technology Group Ltd. (MRVL)
Massey Energy Co. (MEE)
Mosaic Co. (MOS)
Patriot Coal Corporation (PCX)
Peabody Energy Corp. (BTU)
SanDisk Corp. (SNDK)
Tiffany & Co. (TIF)
United States Steel Corp. (X)
Other Stocks to Watch - January 7, 2010
China Direct Industries, Inc. (CDII)
Worthington Industries, Inc. (WOR)
Orion Energy Systems, Inc (OESX)
American Caresource Holdings, Inc. (ANCI)
TASER International Inc. (TASR)
Wabash National Corp. (WNC)
Netlist Inc. (NLST)
Stillwater Mining Co. (SWC)
Casual Male Retail Group, Inc. (CMRG)
Family Dollar Stores Inc. (FDO)
Phoenix Technologies Ltd. (PTEC)
rue21, Inc. (RUE)
Select Comfort Corporation (SCSS)
ReneSola Ltd. (SOL)
China GrenTech Corp. Ltd. (GRRF)
Basic Energy Services, Inc. (BAS)
Kulicke & Soffa Industries Inc. (KLIC)
Rodman & Renshaw Capital Group, Inc. (RODM)
Clean Energy Fuels Corp. (CLNE)
North American Palladium Ltd. (PAL)
Solarfun Power Holdings Co. Ltd. (SOLF)
Metalico Inc. (MEA)
Affymetrix Inc. (AFFX)
Smith & Wesson Holding Corp. (SWHC)
China Finance Online Co. Ltd. (JRJC)
Titanium Metals Corp. (TIE)
Fastenal Co. (FAST)
Penny Stocks to Watch - January 7, 2010
RHI Entertainment, Inc. (RHIE)
Sunesis Pharmaceuticals Inc. (SNSS)
Adeona Pharmaceuticals, Inc. (AEN)
Environmental Power Corporation (EPG)
Arcadia Resources Inc. (KAD)
Metalink, Ltd. (MTLK)
Dune Energy Inc. (DNE)
YRC Worldwide Inc. (YRCW)
Zhone Technologies Inc. (ZHNE)
EnteroMedics, Inc. (ETRM)
Evergreen Energy, Inc. (EEE)
Maguire Properties Inc. (MPG)
Targeted Genetics Corp. (TGEN)
Cyclacel Pharmaceuticals, Inc. (CYCC)
Gray Television Inc. (GTN)
RAIT Financial Trust (RAS)
Spherix Inc. (SPEX)
Bionovo, Inc. (BNVI)
Cell Therapeutics, Inc. (CTIC)
E*TRADE Financial Corporation (ETFC)
Vonage Holdings Corporation (VG)
Adventrx Pharmaceuticals, Inc. (ANX)
OTC Pink Sheets Stocks to Watch - 1/7/10
Discuss these stocks at http://stockstobuy.org
DNAprint Genomics, Inc. (DNAG.PK)
Alkane, Inc. (ALKN.PK)
Russell Industries Inc. (RIND.PK)
Allied Security Innovations, Inc. (ADSV.OB)
InternetArray, Inc. (INAR.PK)
View Systems Inc. (VSYM.OB)
International Stem Cell Corporation (ISCO.OB)
Evolution Fuels, Inc. (EVFN.PK)
Italian Oven, Inc. (IOVE.PK)
MABCURE INC. (MBCI.OB)
Green Energy Live, Inc. (GELV.OB)
EcoBlu Products, Inc. (ECOB.OB)
Andes Gold Corp. (AGCZ.PK)
Ingen Technologies, Inc. (IGNT.PK)
Raven Biofuels International Corp (RVBF.PK)
China Gengsheng Minerals (CHGS.OB)
Cord Blood America Inc. (CBAI.OB)
New Energy Systems Group (NEWN.OB)
Jiangbo Pharmaceuticals (JGBO.PK)
HARD TO TREAT DISEASES (HTDS.PK)
NanoViricides, Inc. (NNVC.OB)
SpongeTech Delivery Systems, Inc. (SPNG.PK)
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