Stock Picks For Tuesday: Citigroup And Curis, Inc.

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Is the stock forming a bull flag? Citigroup (C) has declined since its high of 5.42 on 28/8. It has found a channel down possibly forming a bull flag with lower highs and higher lows. Declining volume indicates an absence of concerted selling pressure. The price can head towards the 4.52-4.55 zone. If this zone is surpassed, getting to 4.70 would be a possibility. Add to your position once there is a close above 4.55.

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As you can see on the daily chart, Curis, Inc. (CRIS) has been under strong accumulation. The movement of the stock last week is promising and the short-term up trend can continue to take the stock higher. CRIS is now set up nicely in a base for a potential breakout, so keep an eye for a possible breakout over $2.54. For those planning to enter, a good entry point would be from 2.35-2.45 as long as it does not go below 2.30.

Other Stocks to Watch :

Today’s candlestick pattern was a Bullish Engulfing

FNM - Fannie Mae
CSCO - Cisco Systems, Inc.
PALM - Palm, Inc.
TLAB - Tellabs, Inc.
ATVI - Activision, Inc.
DAL - Delta Airlines
CAL - CONTINENTAL AIRLINES
MPEL - Melco Crown Adr
APOL - Apollo Group, Inc.
YRCW - Yellow Roadway
CHRS - Charming Shoppes, Inc.
ESLR - Evergreen Solar Inc
AKAM - Akamai Technologies.
SWKS - SKYWORKS SOLUTNS
CIEN - CIENA Corporation
HNSN - Hansen Medical Inc
VMED - Virgin Media Inc
CNX - CONSOL Energy Inc
SOLF - Solarfun Power Holdings
AAI - AirTran Holdings, Inc

Today’s candlestick pattern was a Bearish Engulfing

DEI - Douglas Emmett Inc
OWW - Orbitz Worldwide Inc
CSUH - Celsius Holdings Inc
UDR - UDR Inc
REV - Revlon Inc
ABR - ARBOR REALTY
NEP - DRACO HLDG CP
WW - WATSON WYATT WLD
CBLI - CLEVELAND BIOLABS

Disclaimer: Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

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