Acorda Therapeutics (NASDAQ: ACOR) — While this small bio-pharma play has stayed under the radar lately, an increasingly bullish technical take on this stock could make for a push higher during this shortened trading week.
Palm, Inc. (NASDAQ: PALM) — While mobile device maker Palm may be a bigger name than most readers are used to seeing on our weekly watchlist, this stock’s technicals and strong trader interest make it worth taking a look at today. Palm was in a strong uptrend just a year ago that broke late August, becoming a resistance level for the stock. Since then, shares of Palm have been trading decidedly lower. A recent breakdown below a trading channel could be the first sign of a more volatile downward move. Look for consecutive closes beneath the lower horizontal black line in the chart above.
Cornerstone Therapeutics (NASDAQ: CRTX) — Specialty biopharmaceutical company Cornerstone Therapeutics is worth watching this week following significantly increased search volume on Google this morning. While search trends may seem like a strange way to gauge investor interest, it typically equates to high buying or selling volume during trading. Strong moving average resistance could lead this stock lower in the coming week.
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