Stocks to Watch for September 9, 2013

( click to enlarge )
Celsion Corporation (NASDAQ:CLSN) had a great day on Friday. It opened at 1.18, ran to 1.39, and closed at 1.35, up 17 cents or 14.41%, on 8.48 million shares traded. That is not the best volume of the year, but the best in seven weeks. If it breaks through 1.41, we could see the 1.5-1.55 zone.

( click to enlarge )
Yelp Inc (NYSE:YELP) had a strong breakout early in August, took about five weeks to consolidate and on Friday finally broke out on over 8 Million shares, which was the best volume in about a month. Watch for a follow-through day on Monday and be sure to set a stop just below the 9-day EMA. Daily technical indicators are bullish but looking overbought. All the five major EMAs are rising and the stock is above them. YELP may be ready to make a move. Long setup.

( click to enlarge )
SandRidge Energy Inc. (NYSE:SD) is acting well. Friday it jumped 16 cents to 5.55 or 3% closing near the 200-day EMA. A close above this key level could accelerate prices higher. Daily technical indicators are looking bullish now. The MACD is slightly positive, but is rising above its signal line and the RSI has moved above its 50% level. Next week keep an eye on SandRidge Energy shares.

( click to enlarge )
Sirius XM Radio Inc (NASDAQ:SIRI) is a stock to watch closely next week. SIRI has bounced back from recent lows and the technical chart is now showing some signals of improvement through some indicators, such as MACD and RSI. The stock, which lost 5 cents, or 1.32%, to 3.75 on Friday is nearing the top of the sideways channel and the crucial $3.85 resistance that it has been in for the past month. Look for a break above this key resistance area, which could easily send to stock to $4. Note: Bullish MACD crossover

( click to enlarge )

Himax Technologies, Inc. (NASDAQ:HIMX) The stock pulled back on Friday after gaining more than 30% during the past three sessions. The short-term uptrend will remain in place as long as the stock holds above 7.85 ( previous breakout / now support ).

( click to enlarge )
Yingli Green Energy Hold. Co. Ltd. (NYSE:YGE) stock printed a doji candlestick in Friday's trading, which indicates a potential reversal. I believe there is a high probability of seeing a meaningful pullback in the stock in coming days. Note: RSI marks overbought.

( click to enlarge )
Cubist Pharmaceuticals Inc (NASDAQ:CBST) uptrend is trying to break resistance at the 65.6 level. If resistance is broken, then there is no resistance above. The stock has limited downside risk with support at the 60 level. On watch.

( click to enlarge )
Baidu Inc (NASDAQ:BIDU) Seems like there's a potential rounding top pattern on daily chart. The downside prevails as long as 143 is resistance.

Want to be the first to get the latest stock news/rumors in real-time? Benzinga Pro is the answer. Take it for a try.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.