Stock Picks For Wednesday: THQ Inc., American International Group And Royal Bank Of Scotland Group

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AIG (AIG) - The bounce this afternoon from its 50-dma looks like an entry point. I would use a tight stop under today’s low. I’d target the $44.98-45.90 zone.

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THQ Inc. (THQI) is bouncing from a test of technical support at $5.64. This afternoon’s bounce is an entry point to get long the stock with a tight stop loss. I have two targets. My first target is $6.03 ( 10-day moving average ) and the second target is $6.07. The technical daily chart shows the stock is now back to new rally as K line is back above D line. With ROC still at low there’s rooms for the stock to go up.

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Royal Bank Of Scotland (RBS) - Bullish divergences on MACD paint a bullish picture for the stock. The stock is a Technical Buy at current price. With ROC now showing the stock is oversold and KD at low we could see buyers back again. Key Levels for stock: Bullish above 15.52 / Bearish below 15.16.

Other Stocks to Watch :

Today’s candlestick pattern was a Bullish Engulfing

WFC - WELLS FARGO & CO
KEY - KEYCORP
VLO - VALERO ENERGY CORP
SVU - SUPERVALU INC
ABC - AMERISOURCEBERGEN CORP
HOC - Holly Cp
GMT - G A T X CORP
SAFM - Sanderson Farms, Inc.
ELGX - Endologix Inc
IMN - IMATION CORP

Today’s candlestick pattern was a Bearish Engulfing

INTC - Intel Corporation
CSCO - Cisco Systems, Inc.
NOK - NOKIA CORP
AUY - YAMANA GOLD INC
BRCD - Brocade Communications
HAL - HALLIBURTON CO HLDG CO
JNJ - JOHNSON & JOHNSON
HST - HOST MARRIOTT CORP
ABX - BARRICK GOLD CORP
RIMM - Research in Motion
CX - CEMEX S.A.
SYMC - Symantec Corporation
HGSI - Human Genome Sciencs
HL - HECLA MINING CO
DFS - Discover Financial
MCD - MCDONALDS CORP
ODP - OFFICE DEPOT INC
KGC - KINROSS GOLD CORP
LSI - LSI Corp
MAT - Mattel Co
EGO - Eldorado Gold Corp
PCX - Patriot Coal Corp
MEE - Massey Energy Co
KIM - KIMCO REALTY CORP MD
MET - METLIFE INC
ELN - ELAN CORP P L C
UIS - UNISYS CORP
IAG - IAMGOLD CP
NE - NOBLE DRILLING CORP
EXC - EXELON CORPORATION
ALL - ALLSTATE CORP
ADI - ANALOG DEVICES INC
FL - Foot Locker Inc

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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