"No man can become rich without himself enriching others"
Andrew Carnegie



Wednesday, March 21, 2012

Three Candidates for Longs: AFFY - LGF - SIMO

On Tuesday, the market closed with losses, especially in the case of DJ-30 and Russell-2000. That means that a large number of stocks prices fell yesterday. In the case of Russell-2000, 77.50% of all its components closed in negative territory.
While this fall may be just the behavior one day, some indicators show a deterioration in the market situation. Therefore, it is not easy to find stocks that had a good breakthrough price yesterday. Our system detected a few. Below we show three of them.

Affymax Inc. (AFFY).- Price: US$ 12.77 (Var: +7.67%). Volume: 1.93 Millions of shares (daily MA: 1.11M). New High with good volume.  
lions Gate Entertainment Corp.  (LGF).- Price: US$ 15.28 (Var: +7.23%). Volume: 8.27 Millions of shares (daily MA: 2.10M). Another new high with huge volume. 
Silicon Motion Technology Corp.  (SIMO).- Price: US$ 21.13 (Var: +6.18%). Volume: 1.13 Millions of Shares (daily MA: 1.00M). Its over bought but good advance. 


Free Up Trend Stock Picks includes three stocks that have experienced daytime significant price Hikes. These stocks have been selected from a list includes stocks that have shown the best performance of the last 26 weeks.This means these are stocks with a medium-term upward trend.

1 comment:

  1. It was a awe-inspiring publish and it has a considerable indicating and thanks for giving the details.Would really like to study your next publish too......
    Thanks
    Regards
    Stock Tips

    ReplyDelete