Stock Picks For Thursday: ReneSola, THQ, Motorola, Cell Therapeutics

Antonio Costa
updated | Author's Website

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It looks like ReneSola Ltd. (ADR) (NYSE:SOL) is in a free-fall mode with the first barely visible level of support at $7.85 ( 200-day moving average ). There is the old adage of never catch a falling knife, so I’m remaining cautious.  In other words, the area around $8.40 and $7.90 are strong supports from where a reversal is possible. If it breaks $7.85, the stock is doomed. Not a pretty picture. Long positions must be avoided.

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THQ Inc. (NASDAQ:THQI)  had a strong bullish momentum today gaining nearly 4% and end the day near the highest price of the day. The bias is bullish in nearest term targeting $4.80 resistance area. CCI is bullish and suggesting an upward momentum on daily chart.

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Motorola, Inc. (NYSE:MOT) reversed from the support at $7.80 once again and rose to close at $7.94. Short-term resistance for the stock is at $8.03. The short-term view is still sideways.

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Cell Therapeutics (CTIC) – Despite its present recovery after today’s news, as long as the stock continues to trade below $.40 level, I remain nearer term bearish on the stock. This leaves the $.37 level as the next downside target where a loss will call for more weakness towards the $.35 level. Below there should cause further bear threats. On the upside, a violation of the $.41 level is required to start a new uptrend.

Earnings Announcements for Thursday

A/S Dampskibsselskabet Torm – TRMD
ActivIdentity – ACTI
American Eagle Outfitters Inc – AEO
Atwood Oceanics – ATW
Autodesk, Inc. – ADSK
B&H Ocean Carriers Limited – BHO
BIRKS & MAYORS INC – BMJ
Blue Coat Systems – BCSI
Bon-Ton Stores – BONT
Brady Corporation – BRC
Camelot Information Systems Inc – CIS
Canadian Solar Inc. – CSIQ
Casual Male Retail Group, Inc. – CMRG
CDC Corporation – CHINA
CHINAEDU CORP – CEDU
COMMUNITY CENTRAL BANK CORP – CCBD
Concord Medical Services Holdings Limited – CCM
Datawatch – DWCH
Dell Inc. – DELL
Destination Maternity Corp – DEST
DIALOGIC INC – DLGC
Dollar Tree Stores – DLTR
Donaldson – DCI
Dress Barn – DBRN
FIRST CHESTER CNTY CORP – FCEC
Foot Locker, Inc. – FL
Gamestop Corp. – GME
Gap Inc. – GPS
Gyrodyne Company of America – GYRO
Helmerich & Payne, Inc. – HP
Intuit – INTU
J. M. Smucker Company – SJM
London Stock Exchange plcLSE.LMagal Security Systems – MAGS
Marvell Technology Group Ltd. – MRVL
Mobile Telesystems – MBT
MTS Systems – MTSC
National Grid – NGG
New York & Company Inc. – NWY
NORTHEAST COMMUNITY BANCORP INC – NECB
OCEANFREIGHT INC – OCNF
PrimeEnergy Corporation – PNRG
Reading International – RDI
Retalix Ltd. – RTLX
Ross Stores, Inc. – ROST
Salesforce.com, Inc. – CRM
Sally Beauty Company – SBH
School Specialty – SCHS
Sears Holdings Corp – SHLD
Shoe Carnival – SCVL
Sirona Dental Systems – SIRO
Sonic Foundry – SOFO
Stage Stores – SSI
Staples, Inc. – SPLS
Stein Mart, Inc. – SMRT
SUBAYE INC – SBAY
TAT Technologies – TATT
Telvent – TLVT
The Buckle – BKE
The Cato Corporation – CATO
The Children’s Place Retail Stores, Inc. – PLCE
The Wet Seal, Inc. – WTSLA
Trans World Entertainment Corp. – TWMC
ValueVision – VVTV
Volt Information Sciences – VOL
Williams-Sonoma – WSM
WPP PLC – WPPGY
ZOLL Medical – ZOLL

Unusual volume in today’s trading session

HTDS – Hard to Treat Diseases Inc.
DTRO – Deltron Inc
HGSI – Human Genome Sciences
HYC – HYPERCOM CORP
FRGY – Frontier Energy Corp
LDSH – Ladish Co., Inc.
LFTC – Lifestream Technologies, Inc.
VCSY – Vertical Computer Systems, Inc.
ALNS – Alentus Corp
SIHI – Sinohub Inc
ZVTK – Zevotek, Inc.
JTX – JACKSON HEWITT TAX
SYNT – Syntel, Inc.
NEON – SBE, Inc.
CMED – CHINA MEDICAL TECH
EDAP – EDAP TMS S.A.
CACB – Cascade Bancorp
SKZW -SKINZWRAPS INC
NYNY – Empire Resorts Inc
MNHVF -MARINE HARVEST ASA
HYTM – HYTHIAM INC
ZANE – Planet Zanett Inc.
TNFG – Tnfg Corp
PHHM – Palm Harbor Homes
ABPIQ – Accentia Biophma
HCS – HSBC Holdings PLC
TASXF – Tasman Metals Ltd
ENHT – enherent Corp
STNG – Scorpio Tankers Inc
VIIC – Cheetah Consulting Inc
TTIN – Transfer Technology
NNA – Navios Maritime Acq
PBOF – PURE BIOFUELS CORP
LBSV – Liberty Silver Corp
BVTI – Biovest International, Inc.
AESYY – AES TIETE SA
BNX – InterSearch Group Inc
CHCG – ANZA INNOVATIONS INC
JUMT – Juma Technology Inc
CEDU – ChinaEdu Corp
FUBC – 1st United Bancorp Inc
RVXCF – RESVERLOGIX CORP
LDSH – Ladish Co., Inc.
ALNS – Alentus Corp
SIHI – Sinohub Inc
SYNT – Syntel, Inc.
CMED – CHINA MEDICAL TECH
EDAP – EDAP TMS S.A.
CACB – Cascade Bancorp
NYNY – Empire Resorts Inc

The following list show stocks whose volume has been increasing over the last 3 days

YHOO – Yahoo! Inc
LOW – LOWES COMPANIES INC
MI – MARSHALL & ILSLEY CORP
PG – PROCTER & GAMBLE CO
KO – COCA COLA CO
UNH – UNITEDHEALTH GROUP INC
GNW – GENWORTH FINCL INC
EP – EL PASO CORP
AES – A E S CORP
PEP – PEPSICO INC
KIM – KIMCO REALTY CORP MD
SOL – Renesola Ltd
SLE – SARA LEE CORP
EXPE – EXPEDIA INC
TYC – TYCO INTL LTD
CHS – Chicos FAS Inc
LLY – LILLY ELI & CO
GS – GOLDMAN SACHS GROUP
JWN – NORDSTROM INC
COF – CAPITAL ONE FNCL CORP
BRK.B – Berkshire Hathaway Inc
LEN – LENNAR CORP
HCP – HCP Inc
ANF – ABERCROMBIE & FITCH CO
SLM – USA EDUCATION INC
SVR – SYNIVERSE HOLDINGS INC
WLP – Wellpoint Inc
ARMH – ARM Holdings, plc
COH – Coach Inc
D – DOMINION RESOURCES
MTW – MANITOWOC CO INC
ZION – Zions Bancorporation
NKE – NIKE INC CL B
ARM – ARVINMERITOR INC
UNP – UNION PACIFIC CORP
JOE – ST JOE CORP
CELG – Celgene Corporation
FST – FOREST OIL CORP
JADE – LJ Intl Inc
CMI – CUMMINS ENGINE CO INC
RAI – RJ Reynolds Tobacco
SUN – SUNOCO INC
CBL – CBL and Associates
BBL – BHP BILLITON PLC AD
TCO – TAUBMAN CENTERS INC
BMC – BMC Software Inc
DOV – DOVER CORP
BWA – BorgWarner Inc
LYV – Live Nation Entn
AMP – AMERIPRISE FINANCIAL
NIHD – NII Holdings Inc
JEC – JACOBS ENGR GROUP INC
SHLD – KMart Corp
AYE – ALLEGHENY ENERGY INC
PBI – PITNEY BOWES INC
PSA – PUBLIC STORAGE INC
BORN – China New Borun Corp
SANM – Sanmina Corporation
WNC – WABASH NATIONAL CORP
ORI – OLD REPUBLIC INTL CORP
AIV – Apartment Investments
CCME – China Media Xprs
EPD – ENTERPRISE PRODUCTS
AZN – ASTRAZENECA PLC
IOC – Interoil Cp
SBAC – SBA Communications
BXP – BOSTON PROPERTIES INC
UTA – Universal Travel
FTNT – Fortinet Inc
SNE – SONY CORP
RHI – ROBERT HALF INTL INC
IPI – Intrepid Potash Inc
QSFT – Quest Software, Inc.
LZB – LA Z BOY INC
KAMN – Kaman Corporation
DBRN – Dress Barn, Inc. (The)
MASI – Masimo Corp
AMCN – AirMedia Group Inc
AXTI – AXT Inc
FCN – FTI Consulting Inc
NVTL – Novatel Wireless Inc
WOR – WORTHINGTON INDS INC
GPC – GENUINE PARTS CO
OMN – OMNOVA SOLUTIONS INCQ
NCV – Nicholas Applegate
ROC – ROCKWOOD HOLDINGS INC
WCN – Waste Connections Inc
VLTR – VOLTERRA SEMICONDUCTOR
KMT – KENNAMETAL INC
VR – Validus Holdings Ltd
RGNC – REGENCY ENERGY
WBC – Wabco Holdings Inc
PPO – Polypore International
IGK – ING Group NV
CPE – CALLON PETROLEUM CO
NST – NSTAR
SIVB – SVB Financial
AOS – Smith AO Corp
BRO – BROWN AND BROWN INC
BKE – Buckle Inc
PCH – POTLATCH CORP
MRH – Montpelier Re Holdings
ALTE – Max Re Capital Ltd.
WRE – WASHINGTON R E I T
PODD – Insulet Corp
TNB – THOMAS & BETTS CORP
NPSP – NPS Pharmaceuticals
ICGE – Internet Capital Group
CR – CRANE CO
ACCL – Accelrys
AMED – Amedisys Inc
HITT – HITTITE MICROWAVE CO
RDK – RUDDICK CORP
SRI – STONERIDGE INC
GEO – WACKENHUT CORRECTIONS
NSR – NEUSTAR INC
SSRX – 3S Bio Inc ADR
PTIE – Pain Therapeutics

Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don’t consider buying or selling any stock without conducting your own due diligence.

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