Stocks Watchlist For Friday, March 09

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The Bon-Ton Stores, Inc.BONT was the stock of the day for me. It opened at 6.95 and went as high as 8.59 at one point, and closed at 8.26, up 1.26, or 18%, on 2.19 million shares. That's the second heaviest volume this year. We all know that the stock is way overbought in the short term with RSI number near 90 but the rising MACD and ADX signal additional upside. Today's high was $8.59, which is resistance for the follow through move on Friday. If the stock does break resistance, expect to see another strong upside move. Next major resistance lies at $9. Folks, always keep a trailing stop loss to book profits in case to exit any reversal in the trend.

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Apple Inc.AAPL continues to impress, despite the two-day pullback this week. Technically, the stock looks ready to test the highs. Stay Long.

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Rubicon Technology, Inc.RBCN had a big reversal day, going from about 8.4 up to 8.94, closing at 8.91, up 44 cents for the day. The declining 13 sma at 9.7 will be tested shortly, and if it can take that out, it could lead to a quick move to 10 short-term. 

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Lowe's Companies, Inc.LOW broke out to a new all-time high today, accompained by a strong volume suggesting higher levels. The technical daily chart still showing a bullish bias. KD line shows positive signs as %K line is rising on top over %D line and RSI continue moving up. I suspect the stock may continue to appreciate over the coming days.

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Citrix Systems, Inc.CTXS showed buying strength all day on Thursday. The stock is on the verge of breaking out and it could happen Friday or Monday. The volume dramatically increased as the stock ran to near the old highs, showing me there are buyers watching the stock. Once the stock breaks $78, jump in and watch CTXS take off.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog  twitter and newsletter, so you can receive my trade ideas and stock news in real time.

US Earnings for Friday

Adcare Health Systems Inc - ADK

AMREP Corp - AXR

ANN Inc - ANN

Arena Pharmaceuticals Inc - ARNA

Biodelivery Sciences International Inc - BDSI

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BioMimetic Therapeutics Inc - BMTI

Bioscrip Inc - BIOS

Biospecifics Technologies Corp - BSTC

BPZ Resources Inc - BPZ

CAMAC Energy Inc - CAK

Carnival Corp - CCL

China Automotive Systems Inc - CAAS

Chindex International Inc - CHDX

Citi Trends Inc - CTRN

Delcath Systems Inc - DCTH

Ditech Networks Inc - DITC

Dolan Co - DM

Focus Media Holding Ltd - FMCN

Halozyme Therapeutics Inc - HALO

Hibbett Sports Inc - HIBB

Hooper Holmes Inc - HH

J Alexanders Corp - JAX

KMG Chemicals Inc - KMGB

LMI Aerospace Inc - LMIA

Main Street Capital Corp - MAIN

Novavax Inc - NVAX

Ocean Power Technologies Inc - OPTT

Oil-Dri Corp of America - ODC

Osiris Therapeutics Inc - OSIR

Pendrell Corp - PCO

Peregrine Pharmaceuticals Inc - PPHM

Pokertek Inc - PTEK

Rit Technologies Ltd - RITT

Rosetta Genomics Ltd - ROSG

SmartPros Ltd - SPRO

Thor Industries Inc - THO

Tri-Tech Holding Inc - TRIT

Umh Properties Inc - UMH

Uranium Resources Inc - URRE

US Concrete Inc - USCR


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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