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Stock Picks of The Day: Acme Packet Inc (APKT) 2-Feb-2011

|Includes: Acme Packet, Inc. (APKT), CCK

Hello trader, the general markets go sideways as investors focus on protests in Egypt. Nevertheless, there are still many stocks which make their new high. And between all of them I found two good stocks to be shared here. There are:

1. Acme Packet Inc (NASDAQ:APKT)

Pattern: Reaches its bullish price channel’s resistance, makes a new 52 weeks high with high volume

Current Price: $67.28

Indicator: The MACD's fast line crosses above the slow line and the histogram goes up too, bullish slow stochastic crossover,  parabolic SAR starts to appear below the candlestick.

2. Crown Holdings Inc (NYSE:CCK)

Pattern: Rebounds from its bullish price channel's support, makes a new 52 weeks high with high volume

Current Price: $35.67

Indicator: The MACD's fast line crosses above the slow line and the histogram goes up too, slow stochastic is going stronger and give bullish signs,  parabolic SAR still appears below the candlesticks.

Goodluck!



Source:
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