Pre Market Stocks to Watch March 11, 2010
Wednesday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for March 11, 2010. Also, check out some of the biggest stock gainers of the Day. You can also find previous stocks to buy reports - Right Here
Stock Market - The Dow Jones Futures are down 5 points in pre market trading
Pre Market Stock Gainers - 3/11/10
SMTC Corp. (SMTX) - SMTC Reports Fourth Quarter Sequential Growth
BioSante Pharmaceuticals, Inc. (BPAX) - BioSante Announces Positive Leukemia Vaccine Results
OccuLogix Inc. (TEAR) - TLCVision to Study DED With the TearLab Osmolarity System
iGo, Inc. (IGOI) - iGo Reports Fourth Quarter 2009 Financial Results
FuelCell Energy Inc. (FCEL) - FuelCell Energy Reports First Quarter Results and Latest Accomplishments
Level 3 Communications Inc. (LVLT) - Upgraded
CombinatoRx, Incorporated (CRXX) - No News
Delta Petroleum Corp. (DPTR) - Delta Petroleum Corporation Announces 2009 Annual and Fourth Quarter Results
Gymboree Corp. (GYMB) - Gymboree Q4 profit beats Street; Q1 view strong
Cyclacel Pharmaceuticals, Inc. (CYCC) - Cyclacel will be presenting at a Roth Capital conference on Monday, the stock is inching up to the $3 resistance level, keep an eye on it!
Stocks to Watch - 3/11/10 - Stock Market Investing Ideas
Oculus Innovative Sciences, Inc. (OCLS) - Shares of Oculus Innovative Sciences, Inc rallied hard after the company issued the following news: Oculus Innovative Sciences Receives First FDA Clearance for Microcyn®-Based HydroGel for Dermatology Market with Claims Including Reduction of Itch and Pain Relief. OCLS is a stock to watch on Thursday, resistance is located at $3.18 & $3.50.
Kinetic Concepts Inc. (KCI) - Shares of Kinetic Concepts Inc. were halted on the following news: Kinetic Concepts wins court battle over patents. The stock reopened over $50 and is worth watching on Thursday.
American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. surged into the $37's on Wednesday after the stock broke above that key resistance level I have been talking about for a month now, $30.54, on Monday. Resistance is now located at $37.34 with support at around $35.
Zanett Inc. (ZANE) - Shares of Zanett Inc. appear to have finally cooled down for now. I expect the stock to trend lower unless positive news comes out. Resistance is located at $3.14.
Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. are trading back in a tight range again. Resistance continues to be located at $1.25. Cell Therapeutics has support between $0.98-$1.00.
Sprint Nextel Corp. (S) - Shares of Sprint Nextel Corp. (S) have been on fire lately and are now worth watching closely. Resistance is located at $3.91 which is the 200 day moving average.
SIRIUS XM Radio Inc. (SIRI) - Shares of SIRIUS XM Radio were higher on Wednesday on a buy upgrade. Sirius XM Radio is now back above $0.90 and held the major support level of $0.82 all week. Resistance to watch on the upside is now $0.94 & $1.00.
DryShips, Inc. (DRYS) - Shares of Dryships Inc continue to fail at $6.20 but appear to be in break out mode right now. If Dryships can close above $6.20, I think it could retest $7 shortly after.
Research In Motion Ltd. (RIMM) - Shares of Research In Motion Ltd. finally hit my $75 target on Wednesday and I don't believe it is done yet. I could see Research in Motion easily hitting $80 in the next few weeks. All pullbacks under $70 are now a strong buy.
Direxion Daily Financial Bear 3X Shares (FAZ)
Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS continues to be one of the hottest stocks on my watchlist. Resistance is located at $87.40 on a closing basis and then $94.54.
Bank of America Corp (BAC) - Bank of America Corp has resistance located at $17.17, as soon as the stock closes above this level, it should trend even higher. The technicals are looking great, all three major moving averages are in an uptrend.
Goldman Sachs Group Inc. (GS) - Shares of Goldman Sachs Group Inc. have resistance located at $171 and then $178.35. Looking for a close above $171 which would be bullish.
Somaxon Pharmaceuticals, Inc. (SOMX) - Shares of Somaxon Pharmaceuticals, Inc. continue to be the Top Stock Gainer of 2010. With such a high title, you have to continue to watch it.
Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro Devices hit $9.09 on Wednesday which is just below my $9.25 price target. I continue to like pullbacks under $8.50 if we see them.
Alcoa, Inc. (AA) - Shares of Alcoa, Inc. have resistance at $13.90. I'd be a buyer on a close above this level. I am hoping it will happen this week!
Chesapeake Energy Corporation (CHK) - I've added Chesapeake Energy Corp to my updated watchlist. Natural Gas has really come down and Chesapeake Energy could be ready to break out soon. Support is located at $24.50 while resistance is located at $26.50. Chesapeake Energy has a new position in the Eagle Ford Shale play.
Freddie Mac (FRE) - Support = $1.18 - Resistance = $1.52
Fannie Mae (FNM) - Support = $1.00 - Resistance $1.23
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