Monday, May 10, 2010

ATLO, KFRC, UNTD, MDAS - Could Stocks Be Headed Higher Today?



Ames National Corp. (NASDAQ: ATLO) – Small-cap regional banking company Ames National owns a portfolio of five Midwest banks. But for investors, what’s more important are Ames’ sky-high profit margins. And with a bullish inverse head and shoulders pattern forming in the stock right now, there’s plenty of reason to believe that good times are ahead for this stock. Wait for shares to break through shoulder level before going long… then hold on tight.

KForceKforce (NASDAQ: KFRC) – Staffing company Kforce provides its clients with professionals who work in a bevy of fields. But the past couple of years haven’t been easy for Kforce, given paper-thin margins and a less than appealing job market. Still, shares could soon be forming a bounce off support, so keep a close eye on them this week.

United Online (NASDAQ: UNTD) – Internet services company United Online has expanded its offerings in the past several years, moving from its roots as an low cost ISP to its current portfolio of web properties. Still, this stock looks like it has lower to go. With support all the way down at $6, the downside potential looks pretty good. Watch out for bullish sentiment this week, however. That could derail any hopes for a downside play.

Med AssetsMedAssets (NASDAQ: MDAS) – MedAssets specializes in technology enabled products and services for the medical field. This stock is one of the few trading today that looks primed for a bounce higher off of support. As always, wait for the confirmed bounce before putting your money on the line.


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