Breakout Stocks ( HAL, SLW, POT, CRM )

I will be discussing the following stocks below that are breaking out to the upside today.

Halliburton Company (HAL) - Silver Wheaton Corp. (SLW) - Potash Corp. of Saskatchewan, Inc. (POT) - Salesforce.com, Inc (CRM)


Silver Wheaton Corp. (SLW) - After a blowoff top yesterday, shares of Silver Wheaton Corp. are rebounding today. Silver Wheaton will now have resistance located between $33.75-$34 but then nothing until $35-$37.20. Silver Weaton is a strong buy on pullbacks to the 50 day moving average ( currently $27 and rising ).

Halliburton Company (HAL) - Shares of Halliburton Company are up 3% as the stock continues to rally off the recent lows. Haliburton stock will have resistance located at $35.22 but then nothing until $35.89 which is the 52 week high. I love Haliburton on pullbacks below $30 which will probably be rare now.

Salesforce.com, Inc (CRM) - Salesforce.com Inc is an interesting stock right now. CRM has broken back above It's 10 & 50 day moving averages which is technically bullish. Salesforce.com could be headed back to a new 52 week high soon.

Potash Corp. of Saskatchewan, Inc. (POT) - Potash Corp. of Saskatchewan, Inc. continues to trade very strong above $140. Potash is a strong buy below this level for the long term. Potash Corp has major resistance between $150-$153 but if the stock can close above this level, the $160's will be calling.

More Stocks Breaking Out on Heavy Volume Today

MedCath Corp. (MDTH)
Bionovo, Inc. (BNVI)
Glu Mobile, Inc. (GLUU)
Pacific Capital Bancorp (PCBC)
Telular Corp. (WRLS)
Limelight Networks, Inc. (LLNW)
Sunesis Pharmaceuticals Inc. (SNSS)
Mad Catz Interactive Inc. (MCZ)
BJ's Wholesale Club Inc. (BJ)
BlackRock, Inc. (BLK)
Pegasystems Inc. (PEGA)
Asia Entertainment & Resources Ltd. (AERL)
Atlas Pipeline Holdings LP (AHD)
Atlas Energy, Inc. (ATLS)
Crimson Exploration Inc. (CXPO)
Polo Ralph Lauren Corp. (RL)
China Valves Technology, Inc. (CVVT)
Republic Airways Holdings Inc. (RJET)
Medidata Solutions, Inc. (MDSO)
Ultralife Corp. (ULBI)
Lihua International, Inc. (LIWA)
Federal Agricultural Mortgage Corp. (AGM)
NetSol Technologies, Inc. (NTWK)
Endeavour Silver Corp. (EXK)
BroadSoft, Inc. (BSFT)
RailAmerica, Inc. (RA)
WuXi PharmaTech Inc. (WX)
Global Ship Lease, Inc. (GSL)

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