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Today's Stock Picks: Air Products & Chemicals Inc (APD) 16-Feb-2011

|Includes:Air Products and Chemicals, Inc. (APD), CLR

Hi trader I apologize that I just can post the article by now. The general markets are going up today, because of corporate deals and good earnings results. I'm giving you these two stock picks for today and I hope the analyses could help you in choosing the right stocks to buy.

The first stock is Air Products & Chemicals Inc (NYSE:APD). The chemical company stock price breaks its cup without handle resistance and makes its new 52 weeks high with high volume. There are many stocks which make a new high with big price gain usually continue their movement until the next few days. The positive signs from MACD indicator and parabolic SAR are also make me think that the stock probably would go higher until several weeks ahead.

The second stock is Continental Resources Inc (NYSE:CLR). We can see that the stock touched the bullish price channel's support. This chart shows us that the stock has a good, solid bullish price channel pattern so I think the stock probably could go higher and reach its resistance at around $70.


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Stocks: APD, CLR