BALTIMORE (Stockpickr) -- Put down the 10-K filings and the stock screeners. It's time to take a break from the traditional methods of generating investment ideas. Instead, let the crowd do it for you.

From hedge funds to individual investors, scores of market participants are turning to social media to figure out which stocks are worth watching. It's a concept that's known as "crowdsourcing," and it uses the masses to identify emerging trends in the market.

Crowdsourcing has long been a popular tool for the advertising industry, but it also makes a lot of sense as an investment tool. After all, the market is completely driven by the supply and demand, so it can be valuable to see what names are trending among the crowd.

While some fund managers are already trying to leverage social media resources like Twitter to find algorithmic trading opportunities, for most investors, crowdsourcing works best as a starting point for investors who want a starting point in their analysis.

Today, we'll leverage the power of the crowd to take a look at some of the most active stocks on the market today.

Intel

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Nearest Resistance: $42
Nearest Support: $33
Catalyst: Technical Setup

Intel (INTC) - Get Report saw big volume for technical reasons yesterday, as shares sold down to a major support level. Intel has been in a long-term uptrend for the last year, bouncing on every successive test of trend line support. We're right at that price level now.

If shares bounce this week, take it as a major buying opportunity. Otherwise, if INTC violates support here, the uptrend that's propelled this stock 38% in the last 12 months is officially broken.

Actavis

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Nearest Resistance: $295
Nearest Support: $270
Catalyst: Share Offering

Actavis (ACT) - Get Report priced an offering of 13.2 million shares yesterday at $288, driving up trading volumes for the $81 billion pharmaceutical firm. ACT also issues convertible preferred shares, raking in $8.2 billion in all for both. The firm plans to use the proceeds along with other funds to close its acquisition of Allergan (AGN) - Get Report .

ACT has been in an uptrend of its own for the better part of the last year, but shares are hitting their head on resistance this week. Buyers looking to build a position in this stock should exercise some patience -- ACT is likely to move closer to support in the near-term.

First Solar

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Nearest Resistance: $60
Nearest Support: $45
Catalyst: Q4 Earnings

Earnings are driving buying in First Solar (FSLR) - Get Report this week. Shares rallied more than 7% on Wednesday following the release of the firm's fourth-quarter earnings after the bell on Tuesday. FSLR earned profits of $1.89 per share for the quarter, stomping the 76-cent best guess that analysts were looking for.

Shares moved up to resistance at $60 as a result, but additional upside may be constricted here, at least in the short-term.

-- Written by Jonas Elmerraji in Baltimore.

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At the time of publication, author had no positions in the stock mentioned. Jonas Elmerraji, CMT, is a senior market analyst at Agora Financial in Baltimore and a contributor to TheStreet. Before that, he managed a portfolio of stocks for an investment advisory that returned 15% in 2008. He has been featured in Forbes , Investor's Business Daily, and on CNBC.com. Jonas holds a degree in financial economics from UMBC and the Chartered Market Technician designation. Follow Jonas on Twitter @JonasElmerraji