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 HereDiscuss Stocks -
www.stockstobuy.orgStocks to Watch - 6/22/09 - Stock Market IdeasDirexion 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 EDWYOther 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 - 6/22/09Medis 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 - 6/22/09Discuss these at
http://stockstobuy.orgECOLOCLEAN 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
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The following is Technical Analysis for the Dow Jones ( DJIA ) for 6/22/09
