Watch these Stocks Tomorrow

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Shares of Zalicus, Inc. ZLCS surged 6.61% to $1.29 per share after MLV & Co initiates coverage on Zalicus with a Buy rating and a $4 target price to reflect the company's clinical development for 2012. From a technical standpoint,  the stock still looks very strong with both 20 day and 50 day moving average going up while MACD is above 0 and %K line is on top of %D line. In addition the OBV suggests strong accumulation is going on. Today's high was $1.32, which is resistance for the follow through move on Thursday. If the stock does break resistance, expect to see another strong upside move. There looks to be more room in this move, so watch the stock closely over the next few days.

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Hercules Offshore, Inc. HERO started the day weak, but rallied to go positive and closed near the highs of the day. This could be the start of a trend reversal for HERO, which is why I'll be watching the stock on Thursday. Resistance is $4.44, which was Wednesday's high of the day. If the stock breaks through, there is a good chance you will see a strong upside move, so watch the stock very closely tomorrow. In addition, the Chaikin Money Flow Index is showing a rising move, indicating a rising money flow into the stock. Keep HERO on your radar for Thursday's trading session.

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Sounds like JinkoSolar Holding Co., Ltd. JKS is gaining some momentum again. The stock has made a strong bounce off of the lows that were posted last week with good volume. The technical daily chart shows possible new rally as %K line is back above %D line, while the RSI is also gaining strength. If a proper breakout happens at $5.50 we can see a target of $6.97.

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Pfizer Inc. PFE has been in an upwards trend the past few weeks and looks ready to continue this move. Today, the stock ended up 22 cents, which was respectable in this weak market. PFE is worth watching on Thursday, especially if the market shows strength. Resistance is $21.73, which reflects Wednesday's high of the day.


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Other stocks to watch :

US Earnings Calendar for Thursday, December 22

American Greetings Corp - AM

CalAmp Corp - CAMP

China Direct Industries Inc - CDII

Christopher & Banks Corp - CBK

Dynasil Corp of America - DYSL

General Employment Enterprises Inc - JOB

Good Times Restaurants Inc - GTIM

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Neogen Corp - NEOG

SearchMedia Holdings Ltd - IDI


New 52-week High stocks

PFE - PFIZER INC.

DFG - DELPHI FNCL GROUP INC

CVS - CVS Caremark Corp

VZ - Verizon Comm

MO - ALTRIA GROUP

KFT - KRAFT FOODS INC

DUK - DUKE ENERGY CORP

AMGN - Amgen Inc.

HD - HOME DEPOT INC

WMT - Wal-Mart Stores Inc

EP - EL PASO CORP

PM - Philip Morris International

LLY - LILLY ELI & CO

CTAS - Cintas Corporation

SO - SOUTHERN CO

MCD - MCDONALDS CORP

SBUX - Starbucks Corporation

XEL - XCEL ENERGY INC

TSN - TYSON FOODS INC CL A

AMT - AMERICAN TOWER CORP

RRR - RSC Holdings Inc

ELN - ELAN CORP P L C

SE - SPECTRA ENERGY CORP

D - DOMINION RESOURCES

NI - NISOURCE INC

NEE - Nextera Energy

ED - CONSOLIDATED EDISON

ROST - Ross Stores, Inc.

FAST - Fastenal Company

PRGO - Perrigo Company

WEC - WISCONSIN ENERGY CORP

GRMN - Garmin Ltd

PGN - Progress Energy Inc

PETM - PETsMART, Inc.

CMS - C M S ENERGY CORP

AWK - American Water Work

OCR - OMNICARE INC

PNW - PINNACLE WEST CAP CORP

SBH - Sally Beauty Holding

DTE - D T E ENERGY CO

ENB - ENBRIDGE INC

KMP - KINDER MORGAN ENRGY

RCII - Rent-A-Center Inc.


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.

Thanks for visiting AC Investor Blog.

AC
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