Charts of the Week - 8-05-2009
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Created by barrons3
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Date updated:08-07-2009

Here are a few more interesting stock charts of companies that could benefit from a weak U.S. dollar.

symbol name last price % change open
  • +
  • TCK
    Teck Resources Cl
  • $34.49
  • 0.00%
  • $N/A

Watch for a one-year breakout out on Teck Resources (TCK) at around $29 a share. The stock is a bit extended from the 50-day moving average, so it might be best to look for a pullback before buying.

People owning TCK also tend to own: AEMAGUDNNNLSPOTRCISU

TheStreet.com Rating: C What is this?

  • +
  • JOYG
    Joy Global Inc.
  • $53.42
  • -0.35%
  • $53.69

Shares of Joy Global (JOYG) are starting to breakout above some previous resistance at around $42.25. This stock looks ready to head towards $55 a share.

People owning JOYG also tend to own: BAXBOBJDELLEBAYHANSRMIXSBUX

TheStreet.com Rating: B What is this?

  • +
  • CLF
    Cliffs Natural
  • $43.45
  • +2.14%
  • $43.49

There is some huge resistance on Cliffs Natural Resources (CLF) at around $32 a share and some minor shorter-term resistance at $30. A breakout above $32 would be very significant..

People owning CLF also tend to own: AKHFPLPWEISNEWOSIRPPL

TheStreet.com Rating: C What is this?

  • +
  • VALE
    Vale S.a. Ads
  • $28.64
  • 0.00%
  • $N/A

Watch for a breakout on VALE above $21.50.. A move above that level would mark a 1-year high and could mean much higher prices in the near future.

People owning VALE also tend to own: ABXAEMAGUAUAUYBHPCAM

TheStreet.com Rating: No Rating What is this?

  • +
  • AREX
    Approach Resource
  • $6.99
  • 0.00%
  • $N/A

Shares of Approach Resources (AREX)are approaching both the 50-day and 200-day moving averages, as well as some previous resistance at $7.47.. If the stock can trade above those levels it could be setting up for a run back towards $9 a share or possibly even higher.

People owning AREX also tend to own: ESVGNKAVNRCHDNCLNECLRCPN

TheStreet.com Rating: No Rating What is this?

  • +
  • SD
    Sandridge Energy
  • $9.31
  • 0.00%
  • $N/A

Shares of Sandridge Energy (SD) are starting to see a pick up in volume and positive price action. Watch for this stock to make a run towards some previous resistance at around $11.84. A move above that price mark a 1-year high and could signal more gains ahead.

People owning SD also tend to own: AMAR.OBASTMCVMFIGFONRGERNGPOR

TheStreet.com Rating: D- What is this?

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