Nearest Support: $19.50
Catalyst: CEO Retirement On the other side of the spectrum, Chesapeake Energy ( CHK) is rallying hard following news that embattled CEO and co-founder Aubrey McClendon would be stepping down from his post on April 1. No, it's not just an early April Fool's joke. McClendon, you'll remember, was at the center of a debacle where he'd borrowed around a billion dollars against his holdings in CHK to fund personal stakes in wells used by Chesapeake. Since that came out, the tenuous relationship between McClendon and the board has been grabbing more headlines than Chesapeake's own business has.
Nearest Support: $11
Catalyst: Technical Setup >>5 Bank Stocks That Can't Stop Posting Profits Bank of America ( BAC) is a perennial name on our list of the most active stocks -- but today it's getting a higher showing thanks to the technical setup that's shaping up in shares. BofA has been forming a descending triangle pattern for the past few weeks. What remains to be seen now is whether the ostensibly bearish setup will trigger, pushing shares lower, or if BofA's setup will just end up being a consolidation. A breakdown below support at $11 is the sell signal for this stock. Relative strength has been stellar for the financial sector over the past several months, and as a whole, most stocks in the sector are still looking strong. That adds some extra evidence that it's not time to panic on Bank of America just yet. Ford Nearest Resistance: $14.25
Nearest Support: $11.50
Catalyst: Earnings Call Things are looking less bullish over at Ford ( F). The automaker reported its own fourth quarter numbers yesterday morning, and shares are continuing to sell off today. It doesn't take an expert market technician to see what's going on in shares of Ford. One glance at this stock's chart, and the rounding top in shares looks pretty clear. As I write, Ford's shares are sitting right below that top, not an auspicious position to be in. That's magnified by the fact that Ford is also so far above its nearest significant support level at $11.50. That means that this stock could have a lot further to fall before buyers start stepping back in. I'd recommend waiting for support to get established before attempting to jump in. If you're looking for an exit strategy in Ford, now's the time to get out.
Nearest Support: $6.80
Catalyst: Earnings Call Last but certainly not least is Boston Scientific ( BSX), the $10 billion medical device maker. BSX announced earnings yesterday, reporting numbers that sent investors into buy mode. Today, BSX is seeing continuation, with shares bid up around 3% as I write. >>5 Biotech Stocks Under $10 Moving Higher That's got BSX testing new 52-week highs in this week's trading, a good sign for shareholders. Making new highs is significant from an investor psychology standpoint because it means that everyone who has bought shares in the last year is sitting on gains. As a result, the "back to even" mentality is less of a concern than it would be for a name with a higher proportion of shareholders sitting on losses. For late-to-the-game buyers though, I'd recommend sitting on the sidelines until BSX pushes above yesterday's high water mark. To see these stocks in action, check out the at Most-Active Stocks portfolio on Stockpickr.