October 4, 2006

The stocks in this article are likely to move aggressively in the near future.  Therefore, Stock Traders Daily has prepared Trading Reports based on strict Technical Analysis so that Traders and Investors know how to approach trades in these stocks going forward.

Marvel (MRVL) FREE Trading Report & Technical Analysis This is a trading analysis of MRVL.  It tells you how to trade the stock.  MRVL has recently made a valid attempt at reversing back above converted resistance, but the decline on Tuesday pushed the stock back under $19.54 again instead, thus creating a bearish pattern.  The stock appears poised to experience a dead cat bounce today, but beware of a reversal lower.  In fact, we would use $17.01 as a short signal.  The stock is likely to open near this entry level.  Traders should use it, long or short, to make their decision in MRVL on Wednesday.  If $17.01 holds as resistance we should expect momentum declines because this is virtually the last leg of support in our analysis.  This lends to the bearish tone of the charts.  If $17.01 breaks higher though, expect an in crease to $18.37 instead.  Details and additional trading plans are available in our report.   Members should access this report by logging into the clubsite.  Non-members can access the same trading report by signing up for a FREE TRIAL, or by clicking here to obtain the MRVL report in PDF format:   FREE Trading Report for MRVL.

Imclone (IMCL)  FREE Trading Report & Technical Analysis  This is a trading analysis of IMCL.  It tells you how to trade the stock. After the dramatic fall of IMCL stocks since reaching a test of longer term resistance in May, Traders are left questioning the company's ability to produce positive results in the future.  Traders can take a sigh of relief today.  Apparently Icahn rejected a $36 buyout offer, and that suggests that he believes in the company and creates what many think will eventually be a base after the aggressive decline.  Traders should take interest in IMCL at this time.  The stock is poised to be an excellent trading vehicle.  Use $27.94 as a gauge for new investments or trades in IMCL.  If $27.94 breaks higher, which it seems likely to do on Wednesday, expect the stock to continue higher and test $30.44.  If $27.94 holds as resistance though, expect a decline to before the stock finds support again.  treat $27.94 as inflection on Wednesday.  Details and additional trading plans are available in our report.  Members should access our report by logging into the clubsite.  Non-members can access the same trading report by signing up for a FREE TRIAL, or by clicking here to obtain the IMCL report in PDF format:   FREE Trading Report for IMCL

General Motors (GM)  FREE Trading Report & Technical Analysis This is a trading analysis of GM.  It tells you how to trade the stock. It's nice to have an occasional upgrade, especially after al the turmoil the company has went through; Thanks Bear Stearns! However, is it really time to buy the stock again?  We think so, with 1 qualification, the stock has to stay above $31.31.  If the stock dips below that level we will become seriously concerned with the stock ability to continue to increase afterwards.  If you are interested in buying shares of GM for a longer term trade, we would do it either when the stock tests support at $31.31 (that means it has to dip), or we would also be buyers if the resistance level of this channel, $34.54, breaks higher.   Otherwise consider trades in GM to be mid-channel trades.  Details and additional trading plans are available in our report. Members should access our report by logging into the clubsite.  Non-members can access the same trading report by signing up for a FREE TRIAL, or by clicking here to obtain the GM report in PDF format:   FREE Trading Report for GM

Sirius Satellite (SIRI) FREE Trading Report & Technical Analysis  This is a trading analysis of SIRI.  It tells you how to trade the stock. The stock failed to make an official test of longer term resistance in December, and now it is establishing support above our stated longer term support level.  The stock has failed thus far to officially test either longer term support or resistance within the last year.  This tells us to rely on mid term data to determine accurate trading patterns for the stock.  The results tell us to trade the channels in SIRI long and short between $3.7 and $4.22.  The suggest that we trade back and forth within this channel until such time as the channel breaks one way or the other.  If/when it does, the patterns suggest that we go with the flow of the stock again, up or down.  Details and additional trading plans are available in our report. Members should access our report by logging into the clubsite.  Non-members can access the same trading report by signing up for a FREE TRIAL, or by clicking here to obtain the SIRI report in PDF format:  FREE Trading   Report for SIRI.