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Stock Watch List For Friday
[June 30, 2011]

Stock Watch List For Friday


(Benzinga Lightning Feed Via Acquire Media NewsEdge) ( click to enlarge ) China Natural Gas, Inc. (NASDAQ: CHNG)  - China Natural Gas Chairman enters into exclusivity with private equity consortium for take-private transaction at proposed price of $4.25/share cash. The stock closed at a price of $3.82, a moderate change of 10% from its previous day's close. This stock has a short interest ratio of 4.5 based on average daily volume of 200,962 shares and 1.2 million shares short. I guess this deal  will force these short traders to cover their positions, and we may see a short squeeze play out.



( click to enlarge ) Newmont Mining Corporation (NYSE: NEM) has recovered nicely this week and can potentially set-up very well for a swing-trade if the stock breaks through the resistance level at $54.54. Technical indicators are becoming more favorable with MACD and Stochastics starting to turn up. There could be good upside in this trade, so watch NEM closely on Friday.( click to enlarge )In line with my anticipation, NetApp Inc. (NASDAQ: NTAP) confirmed today the reversal when it broke up above the $51.50 level. The stock price is now riding on an upward movement. Technically, my model remains long, targeting $55.33. Immediate support is seen at $50 area. NTAP can be a good trading stock, so watch it closely on Friday. ( click to enlarge )FormFactor, Inc. (NASDAQ: FORM) setting up for higher prices, 200 day EMA is key to break thru. As I mentioned on Twitter, I keep holding my long position in FORM waiting for something BIG. Special points of interest on daily chart : The stock has formed a very crucial and strong support at $8.50 levels and is trading above that level. Money flow index is showing the bullish picture and MACD is showing a positive divergence.

Keep up to date by subscribing AC Investor Blog newsletter or RSS feed. You may wish to also follow me on Twitter.   Other stocks to watch : New 52-week High stocksV - VISA Inc CBS - CBS Cl B KFT - KRAFT FOODS INC MPEL - Melco Crown Adr ARIA - ARIAD PharmaceuticalSOLR - GT Solar InternationalSBUX - Starbucks Corporation DFS - Discover Financial ... DISH - Dish Network A XLNX - Xilinx, Inc. DTV - Directv A MCD - MCDONALDS CORP WOR - WORTHINGTON INDS INC FAST - Fastenal Company FTO - FRONTIER OIL CORP AVGO - Avago TechnologiesENTG - Entegris, Inc. NSC - NORFOLK SOUTHERN CORP FTNT - Fortinet Inc MKC - MCCORMICK & CO INC UNP - UNION PACIFIC CORP CI - C I G N A CORP CE - CELANESE CORPORATIONHOC - Holly Cp GMCR - Green Mountain CoffeeKSU - Kansas City SouthernCVI - CVR Energy Inc ABV - Companhia de BebidasCHKP - Check Point SoftwarePX - PRAXAIR INC AFFX - Affymetrix, Inc. DLTR - Dollar Tree Inc TIF - TIFFANY AND CO GR - BF GOODRICH CO CRZO - Carrizo Oil & GasBBBY - Bed Bath & Beyond Inc. SIAL - Sigma-Aldrich CorporationCNI - CANADIAN NATL RAIL COTDC - Teradata CorpMRX - MEDICIS PHARM CORP CTAS - Cintas CorporationAZPN - Aspen Technology, Inc. ECL - ECOLAB INC FOSL - Fossil, Inc. SIG - Signet Jewelers SREV - ServiceSource InternationalIACI - IAC InterActiveCorpVFC - V F CORP WPI - WATSON PHARMACEUTICALS BEN - FRANKLIN RESOURCES INC ASCA - Ameristar CasinosCRS - CARPENTER TECH CORP GWW - WW Grainger IncGLBC - GLOBAL CROSSING LTDULTA - Ulta Salon CosmeticST - Sensata TechnologiesFLO - FLOWERS INDUSTRIES INC VOLC - VOLCANO CORPORATION BR - Broadridge FinancialCOO - COOPER COS INC NEW BEAV - BE Aerospace, Inc. ELGX - Endologix Inc R - Ryder System Inc LPSN - LivePerson, Inc. LLL - L3 Comm PNR - PENTAIR INC CVLT - CommVault Systems IncBRY - BERRY PETROLEUM CO QLIK - Qlik Technologies Inc TDG - Transdigm Group Inc CALP - Caliper Life ScienceUAN - CVR Partners TW - WATSON WYATT WLD POL - PolyOne CorpSNA - SNAP ON INC HOLDING COSCSS - Select Comfort CorpCLB - CORE LABORATORIES N V DK - DELEK US HOLDINGS INC ASNA - Ascena Retail GroupXTXI - CROSSTEX ENERGY INC GNC - Gnc Holdings OCN - OCWEN FINANCIAL CORP AVA - AVISTA CORP GIB - CGI GROUP INC CLUB - Town Sports InternationalEZPW - EZCORP, Inc. EE - El Paso Electric Co CHT - CHUNGHWA TELCOMM WCG - WELLCARE HEALTH PODD - Insulet CorpHI - Hillenbrand Inc RBN - ROBBINS & MYERS INC RIGL - Rigel PharmaceuticalFMX - FOMENTO ECONOMICO MCSH - CASH AMERICA INTL INC BBG - Bill Barrett Corp AEA - ADVANCE AMER CSH ADCONN - CONN'S INC CPHD - CEPHEID BF.B - Brown-Foreman Class BSLH - Solera Holdings IncICLK - Customer AcquisitionCATM - Cardtronics Inc RURL - Rural/Metro CorporationOMG - O M GROUP INCCLC - CLARCOR INC New 52-week Low stocks CREE - Cree, Inc.WBMD - Webmd Health Crp PVA - PENN VIRGINIA CORP NKTR - Nektar TherapeuticsBMTI - BIOMIMETIC THERAPEUT Earnings Announcements for Friday Bmb Munai Inc - KAZHighway Holdings Ltd - HIHOProvidence And Worcester Railroad Co - PWXRada Electronic Industries Ltd - RADASimulations Plus Inc - SLP Unusual volume in today's trading session CAAH - Sense Holdings Inc V - VISA Inc WTFS - Xinde Technology ABAT - Buy It Cheap.com Inc SYNM - Syntroleum Corporation HAFC - Hanmi Financial RBY - RUBICON MINERALS CP EBIX - Ebix IncSNI - SCRIPPS NETWORKS INT CLKZ - Clicker Inc TRST - TrustCo Bank Corp NYHNSN - Hansen Medical IncPTN - Palatin TechnologiesALAN - Alanco TechnologiesLYSCF - LYNAS Corporation Ltd BIL - SPDR LEHMN TBILL EDIG - E Digital CorpWOR - WORTHINGTON INDS INCADXS - ADVAXIS INCGISV - Uintah Mtn Copper Co CBAK - China BAK BatteryMERC - Mercer InternationalCORT - CORCEPT THERAPEUTICGGR - Suite101.com Inc TWDL - Texas Wyoming DrillRITT - RIT Technologies Ltd. ASTI - ASCENT SOLAR TECHVCRT - Vicor Technologies Inc BNTNF - Bontan Corp TLON - Hana Biosciences XPRT - LECG CPNEWN - New Energy SysLBIX - Leading Brands IncEMIS - Emisphere TechJWCA - JWC Acquisition Corp 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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