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Friday, November 11, 2011

Top Stocks: GMCR, SODA, SINA, MCP

Below the four stocks to watch for Friday's trading, Green Mountain Coffee Roasters Inc. (GMCR), SodaStream International Ltd. (SODA), Sina Corp. (SINA). Are those 4 stocks  going up?

Green Mountain Coffee Roasters Inc. (GMCR) - Green Mountain Coffee Roasters Inc. (GMCR) closed near $41 because of bad earning news. GMCR is a buy for a trade below $40 and resistance level is $48.

SodaStream International Ltd. (SODA) -Share of Soda Stream International Ltd. (SODA) closed near $33.SODA will have long term support level at $27 and resistance up in the $39.

Sina Corp. (SINA) - Sina Corp. (SINA) is trading under $80 now.SINA will have support at the $75 level. SINA will have resistance located at $85.

Molycorp Inc. (MCP)- Share of  Molcorp (MCP) was trading near $35 ah Thursday because of  Q3 EPS of $0.67 misses by $0.01. Revenue of $138M misses by $24M.  Molycorp will have resistance at $40 follow by $42 and support area $33.11 which is ah low.This stock is buy any correction under $30 again for swing trade.

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