Friday, July 9, 2010

Stock Picks For Friday 9 July: American Oriental Bioengineering, VanceInfo Technologies, Vivus

I’m watching Vivus (VVUS: 11.69 0.00 0.00%) again on Friday as the stock looks to be setting up for a big upside move. This stock hit a high of $11.85 today, which is resistance for Friday’s move. VVUS needs to break the channel high of $11.91 for the next upside move. I’m a buyer of the stock once this occurs. VVUS will move very quickly, so watch the stock very closely over the next few trading sessions.


VanceInfo Technologies (VIT: 26.12 0.00 0.00%) - The stock was one of the few winners on today’s session, as the stock closed up $2.04 on the day. VIT broke out of a trading range as it hit a high of $26.48 on the day. This high is now resistance for the continuation move. If the market continues to move up, VIT could be a big mover. Keep a close eye on the stock for Friday.



American Oriental Bioengineering (AOB: 2.41 0.00 0.00%) made a very strong reversal move with a solid upside volume. Today’s high of $2.45 is resistance for Friday’s continuation move. The technical chart shows the stock is due for a possible recovery as %K line is back above %D line showing positive momentum.
Earnings Announcements for Friday
ASA LIMITED - ASA
CASTLE BRANDS INC - ROX
CHINA METRO-RURAL HLDGS LTD - CNR
Compania Cervecerias Unidas S.A. - CCU
Elan Corporation, plc - ELN
ELITE PHARMACEUTICALS INC - ELTP.OB
Emmis Communications - EMMS
Imaging Diagnostic Systems, Inc. - IMDS.OB
Material Sciences - MASC.OB
Northern Technologies International Corporation - NTIC
OMEGA NAVIGATION ENTERPRISES - ONAV
PriceSmart, Inc. - PSMT
QIAO XING MOBILE COMMUNICATION CO LTD - QXM
Sigmatron International - SGMA
STR Holdings, Inc. - STRI
Volt Information Sciences - VOL

Unusual Volume detected
FCN - FTI Consulting Inc
SIOR - Superior Oil
AFFX - Affymetrix, Inc
XNPT - XENOPORT
RJI - AB Svensk Ekportkredit
VPFGD - ViewPoint Financial
GHSE - GateHouse Media Inc
SKH - Skilled Healthcare
MEND - MICRUS ENDOVASCULAR
KIWB - Magnitude Information
MSG - Madison Square Gard
CFW - CANO PETROLEUM INC
ZANE - Planet Zanett Inc.
PEOP - People Fed Banc
EUBK - EUROBANCSHARES INC
AHMIQ - American Home Mortg
EXOU - Cyber Law Reporter Inc
GRPR - Grid Petroleum Corp
UEYCF - UTS ENERGY CORPORATION
GRNO - Green Oasis Environ
NUSMF - ORCA PETROLEUM INC
BGEM - Blue Gem Enterprise
FRN - ClaymoreBNY Mellon
ARGC - Artepharm Global Corp
KONA - KONA GRILL INC
PMUG - Prims Telcom Grp
VBRE - Benacquista Galleri
USAT - USA Technologies Inc
FOFI - FIRST FINANCIAL FUN
VCTZF - Valcent Products Inc
GASS - STEALTHGAS INC
BPMA - BENDA PHARMACEUTICAL
SGSVF - SABINA SILVER CORP
CHCR - Comprehensive Care
CEFLF - Ceramic Fuel Cells Ltd
SOIGF - STRATABASE
SWCC - Southwest Casino Corp
IMSU - Itech Medical
NSSI - NETWORK 1 SECURITY
EDCI - Glenayre Technologies
ENWV - Endwave Corp
SUGO - SUNGRO MINERALS
WRGL - Warrior Girl Corp
EGSR - ENERGAS RESOURCES INC
CPYE - Conspiracy Ent
NLTX - SMI Products Inc
SOAP - Avici Systems Inc.
SIX - Six Flags Entertain
BPTGF - Banco Patagonia SA
CROCF - Crocodile Gold Corp
HTHT - China Lodging Ads
RITT - RIT Technologies Ltd.
CVBK - Central Virginia Ba
VMCS - VISUALMED CLINICAL
ONFCD - Oneida Financial Corp.
TRGD - Tara Gold Resources
SGTB - Suggestion Box Inc
CFRUY - Compagnie Financier
TSAN - Truesport Alliances
RYDAF - Royal Dutch Shell Plc
GTVCF - Globetech Ventures
AHOM - American HomePatien
ETGF - BRL Holdings Inc
CRPZD - Costa Rica Paradise
MMY - Bk of Amrc Crp Mkt
IDSM - Industrial Minerals
DLII - Dixie Lee International
PBKEF - Petrobaken Eng A
SPIN - NEWMARK VENTURES INC
VNBCQ - Vineyard National B
ANFGY - Antofagasta PLC




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