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Monday, November 28, 2011

Top Stocks: GMCR, SODA, SINA, MCP

Below the four stocks to watch for Monday'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) trading  over $51 on mONDAY. GMCR has support area is $48.37 and resistance level is $52.

SodaStream International Ltd. (SODA) -Share of Soda Stream International Ltd. (SODA) closed near $30.35  in mid day Monday.SODA will have long term support level at $27 and resistance up in the $32.

Sina Corp. (SINA) - Sina Corp. (SINA) is trading under $60 now because of bad report of Bucking today's meltup is Chinese online media company SINA, off 3.5% on a WSJ-China report the firm could be the next target of Muddy Waters research. SINA CEO Charles Chao has served on the board of Focus Media (FMCN) - Muddy Waters' most recent victim - since 2005. .SINA will have support at the $56.05 level. SINA will have resistance located at $66.

Molycorp Inc. (MCP)- Share of  Molcorp (MCP) was trading near $30..Molycorp will have resistance at $30 follow by $32.This stock is buy any correction under $21-$25 again for swing trade. I am looking for long term buy low 20s for long term

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