Three Candidates for Longs: LQDT - SNSS - LIZ

Yesterday, the market had one of its biggest falls so far from the year. The ADP private sector employment report was not as good as the market expected. Additionally, the FED comments indicate that would not be necessary QE3 and bad news from Spain, appear to have affected the market.

The DJ-30 shed 0.95%, the SP-500 was off by 1.02% and the Nasdaq Comp. dropped 1.46%. The volume was at a similar level to those of the previous weeks and volatility increased almost 5%.

An important issue from yesterday, the three indices broke the support level of SMA 18 days. In the case of the Nasdaq Comp. moreover, broke the support level determined by the previous high.

All this, shows a further deterioration in technical terms. Other indicators such as RSI, MACD and Stochastic also reveal a change in the market. Chances are that in the following days, these indices face the level of support from SMA 50 days.

As expected, on a day like yesterday it was difficult to find many stocks that experienced significant price increased. Our system detected some good candidates for longs. Below we present three hot stock picks.


Liquidity Services  (LQDT).- Price: US$ 46.71 (Var: +5.58%). Volume: 0.56 Millions of shares (daily moving average: -.37 M). Looks like start a new leg up.
Sunesis Pharmaceuticals Inc. (SNSS).- Price: US$ 3.00 (Var: +3.09%). Volume: 0.87 Millions of shares (daily moving average: 0.58 M). Its ready to go up.
Liz Clairbone Inc. (LIZ).- Price: US$ 13.35 (Var: +3.09%). Volume: 5.68 Millions of shares (daily moving average: 4.00 M). Good advance with high volume. 


Free Up Trend Stock Picks includes three stocks that have experienced daytime significant price Hikes. These stocks have been selected from a list includes stocks that have shown the best performance of the last 26 weeks.This means these are stocks with a medium-term upward trend.