Nearest Support: $16
Catalyst: Industry Bounce >>5 Rocket Stocks to Buy This Week Ford Motor ( F) is up on big volume today, as a bounce in the transports industry buoys shares. Ford has posted some stellar performance in 2013, rallying more than 27% since the first trading session of the new year. And like the broad market, Ford is bouncing off of trendline support this week. In the near-term, Ford's positioning right above $16 support makes it a low-risk name to build a position in, particularly if it can take out the remaining resistance at $17.50. Once through there, Ford is in new-high territory.
Nearest Support: $4.50
Catalyst: Gold Price Swings >>5 Commodity Stocks to Trade for Gains Gold prices have been very active in the last couple of weeks, getting the attention of traders who've mostly either stayed short or clear of the metal as it staged a huge drop over the course of 2013. But while the metal is up big since August started, it's still remained a mixed bag for miners. Today, Kinross Gold ( KGC) holds the honor of being the most heavily traded mining name on the market. And this $6 billion mining stock hasn't exactly shared in the yellow metal's August upside. KGC has been consolidating since April, but it's been tracking sideways in the context of a downtrend. Until that down-sloping trendling in KGC gets broken, the high probability trade is to stay far away from the long side of this stock. While spot gold is showing some serious strength, miners still mostly aren't.
Nearest Support: $27
Catalyst: Earnings Beat >>5 Stocks Insiders Love Right Now Last up is apparel retailer Guess ( GES), a mid-cap name that's up more than 12% in this afternoon's session after announcing solid earnings numbers to analysts. While Wall Street had been expecting earnings of 36 cents per share, GES actually made 52 cents for the quarter. That positive surprise put the brakes on the decline in shares that had been eating away at investors' 2013 returns. But while this morning's gap up broke the downtrend, it still early to be a buyer in GES. This stock is still far from both support and resistance at this point, so there really isn't a high probability trade on the table until it moves into a better-defined range. To see these stocks in action, check out the at Most-Active Stocks portfolio on Stockpickr. -- Written by Jonas Elmerraji in Baltimore.
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