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Stock Picks for the upcoming trading week

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Spectacular action from Marvell Technology Group Ltd. (NASDAQ:MRVL) shares, after the earnings report was released. The technical chart gives a clearer picture. Big bullish candle on very good volumes indicating buying. The last two weeks fall has formed a bullish flag and today's candle has given a breakout from this flag. This is very bullish and the stock is expected to resume the uptrend. A cross of $21 level is desired to get confirmation.

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Canadian Solar Inc. (NASDAQ:CSIQ) was a big winner on Friday as the stock ended up $1.02 on the day. The stock traded higher after Macquarie USA analyst Kelly Dougherty upgraded the stock with Ourperform rating and raised the price target from $20 to $22. I will be watching the stock on Monday for a continuation move through Friday’s highs of $14.64. Although this trend is encouraging, the near-term outlook stays cautious till the stock closes conclusively above  its 200-day moving average on heavy volume. Bulls could remain invested with a stop loss at $13.05. Keep CSIQ on your radar for Monday.
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NetApp Inc. (NASDAQ:NTAP) is still in decent shape holding over the 50sma.
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Take a look at the Eastman Kodak Company (NYSE:EK)  chart, it's showing a symmetrical triangle pattern with support at $4.66. I am expecting a breakout at 4.81 with the first  target of $5.11 Hopefully, the support holds and we might be able to see the breakout.

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Crocs, Inc. (NASDAQ:CROX) broke resistance today, but on low volume. I feel there is a bigger move coming, which is why I will be watching the stock again on Monday.
Other stocks to watch :
Hemispherx BioPharma, Inc (AMEX:HEB) - The stock crossed its 50-day moving average of $.52 and closed at $.525 indicating a strong bullish signal.

OceanFreight Inc. (NASDAQ:OCNF) was mentioned here earlier and it looks like it is starting to turn.

THQ Inc. (NASDAQ:THQI) has resistance located at $4.84 but then nothing until $5.23. The was one of the strongest small caps stocks on Thursday and I expect the momentum to continue.

I am still watching shares of A123 Systems, Inc. (NASDAQ:AONE). If I see the stock break above $9.10, I will buy for a trade.
Shares of Cell Therapeutics, Inc. continued to fall on Friday. Right now, I'd be avoiding Cell Therapeutics until it breaks above $.41.
New 52-week High stocks
CRM - SALESFORCE.COM INC HAL - HALLIBURTON CO HLDG CO BRCM - Broadcom Corporation TXN - TEXAS INSTRUMENTS INC KO - COCA COLA CO FL - Foot Locker IncANN - ANNTAYLOR STORES CORPWLT - Walter Energy ICO - INTERNATIONAL COALCAT - Caterpillar Inc NKE - NIKE INC CL B CAM - Cameron Intl RVBD - Riverbed TechnologyCY - Cypress SemiconductorLNG - Cheniere Energy Inc MXIM - Maxim Integrated PrHIBB - Hibbett SportsFINL - Finish Line, Inc.SOA - Solutia Inc FCS - FAIRCHILD SEMICONDUCTORVMED - Virgin Media Inc HANS - Hansen Natural CorpWNR - WESTERN REFINING INCDKS - DICKS SPORTING APKT - Acme Packet Inc LULU - lululemon athleticalCROX - CROCS INC DECK - Deckers Outdoor CorporationMENT - Mentor Graphics CorporationNCT - Newcastle InvestmentsSFSF - SuccessFactors Inc ILMN - Illumina, Inc. STZ - Constellation BrandEL - ESTEE LAUDER COMPANIES CLR - Continental ResourcesFISV - Fiserv, Inc. OVTI - OmniVisionQCOR - Questcor Pharm FTI - FMC Technologies Inc. UA - UNDER ARMOUR INC FO - FORTUNE BRANDS INC JAZZ - Jazz PharmaceuticalPXD - PIONEER NATURAL RES CO WLL - WHITING PETROLEUM CP GTLS - CHART INDUSTRIES ODFL - Old Dominion FreighALY - Allis Chalmers Energy SHFL - Shuffle Master, Inc.
Unusual volume in today's trading session
SIVC - S3 Investment Company, IncDLM - DEL MONTE FOODS COMMELA - Mela Sciences CVI - CVR EnergyZVTK - Zevotek, Inc.KIRK - Kirklands Inc BLUS - NEUROCHEM INC ORD DPDW - True Health Inc ZAAP - Zero Air Pollution FONR - Fonar CorporationKITD - ROO Group Inc CPWM - Cost Plus, Inc. RENS - Renaissance BioenerDCMT - BankEngine TechnoloIBXG -IBX GROUP INCALRT - ALR Technologies Inc SDVKY - Sandvik ABCCCI - China Cable and Communication, Inc.CRMT - America's Car-MartCIST - Causeway Entmt CCCL - China Holdings AcquGNAU - General Automotive Co
MACD Bullish Cross
MMTE - Mammoth Energy Group, Inc.MOT - MOTOROLA INC SPLS - Staples, Inc. KO - COCA COLA CO SNV - SYNOVUS FINANCIAL CORP ICO - INTERNATIONAL COALANN - ANNTAYLOR STORES CORP ANR - ALPHA NATURAL RESOURCESWLT - Walter EnergyNOV - NATIONAL OILWELL INC CAT - Caterpillar Inc MMR - MCMORAN EXPLORATION CO AKS - A K STEEL HOLDING CORP HON - HONEYWELL INTERNATIONALWAMUQ - Washington MutualCAM - Cameron Intl ESRX - Express Scripts, Inc. FONR - Fonar Corporation CY - Cypress SemiconductorCSE - CAPITALSOURCE INC VMW - VMWARE INC CLASS A NGBF - H2Diesel Holdings Inc CAH - CARDINAL HEALTH INC HIBB - Hibbett Sports OIH - OIL SERVICE HOLDERSETFC - E*Trade Financial Inc KMB - KIMBERLY CLARK CORP ETR - ENTERGY CORP HLDG CO CPWM - Cost Plus, Inc. GSK - GlaxoSmithKline PLC CFN - Carefusion Cp DPS - DR Pepper Snapple G.AVP - AVON PRODUCTS INC DECK - Deckers Outdoor CorporationFSII - FSI InternationalPXP - Plains ExplorationN - Netsuite Inc NPWZ - NEAH POWER SYSTEMS SFD - SMITHFIELD FOODS INWCC - WESCO INTERNATIONALAYE - ALLEGHENY ENERGY INC AGCO - A G C O 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.  
Have a nice weekend,
AC 
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