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Stock Picks For Friday: Motorola, Crocs And Cell Therapeutics
By Antonio Costa on November 6, 2009 | More Posts By Antonio Costa | Author's Website
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Cell Therapeutics (CTIC) could recover to the 1.062 range. There is, however, no sign of the completion of the downward trend that commenced in August. Hold on with a stop-loss at 0.975 . Fresh exposures may be avoided. A close above 1.065 would indicate that the earlier downward trend is complete and that the stock is headed towards higher levels of the 1.18-1.2 range. Keep the stock in your radar.
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Crocs (CROX) enjoys a strong support at the 6.18-6.20 zone. A breach of this zone would have negative implications. The near-term trend appears bullish and would remain so, as long as the stock holds above 6.484. Remain invested with a stop-loss at 6.18. The near-term outlook will depend on the price movement in the next few days. A breakout or breakdown may happen soon.
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Motorola (MOT) - The short-term uptrend is intact and signals further bullishness on this stock. I recommend a buy.
Other Stocks to Watch today - ( Pattern is Bullish Engulfing )
MXB - MSCI Inc
TGT - TARGET CORP
BBY - BEST BUY CO INC
SWY - SAFEWAY INC
BHP - BHP Billiton Ltd
RTH - RETAIL HLDRS TR
IO - Ion Geophysical
SKM - S K TELECOM CO LTD
ETN - EATON CORP
MDR - MCDERMOTT INTL INC
BJ - BJ’S WHOLESALE CLUB
AHT - ASHFORD HOSPITALITY
DFSH - Defense Solutions
PETM - PETsMART, Inc.
BBL - BHP BILLITON PLC
FMX - FOMENTO ECONOMICO
GCA - GLOBAL CASH ACCESS
CPNO - COPANO ENERGY LLC UTS
SSP - SCRIPPS E W CO
FBN - FURNITURE BRANDS
BNS - Bank of Nova Scotia
WW - WATSON WYATT WLD
CFL - BRINK’S HOME SEC
CML - Compellent Technologies
WRES - WARREN RESOURCES INC
JCOM - JFAX.Com Inc.
TSPT - Transcept Pharmaceutical
XTEX - Crosstex Energy LP
SCS - STEELCASE INC
BAESY - BAES SYS PLC SPONS ADR
OSIR - OSIRIS THERAPEUTICS
EM - Emdeon Inc
ICLR - ICON plc
JOEZ - Innovo Group Inc
WMG - WARNER MUSIC GROUP
EPIQ - EPIQ Systems, Inc.
UBET - Youbet.com, Inc.
KKD - Krispy Kreme
NSIT - Insight Enterprises
ISF - ING Group NV
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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OSIR will be hitting at least $18.00/share by the end of this year.