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Stocks to Watch on Nov 29: DDD, GRPN, TLAB, APP, TIVO

Stocks to Watch on Nov 29: DDD, GRPN, TLAB, APP, TIVO

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American Apparel, Inc. (AMEX: APP) have closed above $1 benchmark at $1.02. However, today’s candlestick is a harami. I expect a pullback to $1.00 before any further action; therefore, $1.00 could be a great entry level.

3D System Corp. (NYSE: DDD) jumped 6.90% made a new 52w high with decent volume, breaking above the channel I have drawn yesterday. Trend is accelerating as mentioned. A touch of upper Bband after a consolidation signals an uptrend continues. I still long DDD. I have moved my stop up to $45.00.

Groupon, Inc (NASDAQ: GRPN) My outlook stays the same for this stock, as a bottom play candidate. Please refers to my yesterday’s post for more. My next ST target is $5.00 (just a round number before previous high $5.50)

TiVo. Inc (NASDAQ: TIVO) has made a new high today, reporting Q3 results with surprise. Again, as in DDD, after a narrow Bbands, a touch of the upper band signals an uptrend. However, TIVO declines by 5% after hours, so definitely, put it on your radar to see how TIVO performs tomorrow.

Tellabs, Inc (NASDAQ: TLAB) As I mentioned on Nov 20, I long TLAB based on the following
“(1) Parabolic SAR shows a uptrend is upcoming.
(2) MACD is going to cross over, very possibly, tomorrow.
(3) Double bottom pattern on BB.
(4) RSI is at oversold level.
My short term target for TLAB is $3.00, which is a round number and the previous high”.
Now, the stock is closing close at $2.98, roughly breaking the downtrend. If $3.00 psychological point is crossed, my next ST target will be $3.11. Congratulations for those who follows me and traded TLAB.
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Stocks to Watch on Nov 29: DDD, GRPN, TLAB, APP, TIVO

 

American Apparel, Inc. (AMEX: APP) have closed above $1 benchmark at $1.02. However, today’s candlestick is a harami. I expect a pullback to $1.00 before any further action; therefore, $1.00 could be a great entry level.

 

 3D System Corp. (NYSE: DDD) jumped 6.90% made a new 52w high with decent volume, breaking above the channel I have drawn yesterday. Trend is accelerating as mentioned. A touch of upper Bband after a consolidation signals an uptrend continues. I still long DDD. I have moved my stop up to $45.00.

 

Groupon, Inc (NASDAQ: GRPN) My outlook stays the same for this stock, as a bottom play candidate. Please refers to my yesterday’s post for more. My next ST target is $5.00 (just a round number before previous high $5.50)

 
 

TiVo. Inc (NASDAQ: TIVO) has made a new high today, reporting Q3 results with surprise. Again, as in DDD, after a narrow Bbands, a touch of the upper band signals an uptrend. However, TIVO declines by 5% after hours, so definitely, put it on your radar to see how TIVO performs tomorrow.

 
 
Tellabs, Inc (NASDAQ: TLAB) As I mentioned on Nov 20, I long TLAB based on the following
“(1) Parabolic SAR shows a uptrend is upcoming.
(2) MACD is going to cross over, very possibly, tomorrow.
(3) Double bottom pattern on BB.
(4) RSI is at oversold level.
My short term target for TLAB is $3.00, which is a round number and the previous high”.
 
Now, the stock is closing close at $2.98, roughly breaking the downtrend. If $3.00 psychological point is crossed, my next ST target will be $3.11. Congratulations for those who follows me and traded TLAB. 

Posted in APP, DDD, GRPN, TIVO, TLAB | Comments Off on Stocks to Watch on Nov 29: DDD, GRPN, TLAB, APP, TIVO

Stocks to watch on Nov 28: GMCR, GRPN, APP

Stocks to watch on Nov 28: GMCR, GRPN, APP

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American Apparel, Inc (AMEX: APP) reached $1.00 mark today and closed at $0.99, crossing 200 day moving average from below. Bullish MACD Crossover. On balance volume is upticking again. There is no sign of overbought on RSI and Slow STO. Comparing with the previous level of OBV, I have a ST target of $1.2 for APP. I suggest an entry order above $1.05 to allow some breadth for trend confirmation, along with a stop around $0.95 (lower body of today candlestick, i.e. today’s open)

Green Mountain Coffee, Inc (NASDAQ: GMCR) is forming a bull flag. OMV reached a new high level. From previous OBV as well as extending height of the flag’s pole gives a target of $33. Buy at breakout with a stop at $28.

Groupon, Inc (NASDAQ: GRPN) is a possible bottom play. Gap was filled last Thursday with huge volume. CMF is trying to get back to neutral level. If the stocks moves above $4.00 significantly tomorrow, I have a ST target of $4.35, where there should be some resistance from 50day moving average. The next target after GRPN crossing 50 day moving average would be $4.75 where last time CMF crossed 0 level. I long this stock at $3.9.

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Stocks to watch on Nov 28: GMCR, GRPN, APP

 American Apparel, Inc (AMEX: APP) reached $1.00 mark today and closed at $0.99, crossing 200 day moving average from below. Bullish MACD Crossover. On balance volume is upticking again. There is no sign of overbought on RSI and Slow STO. Comparing with the previous level of OBV, I have a ST target of $1.2 for APP. I suggest an entry order above $1.05 to allow some breadth for trend confirmation, along with a stop around $0.95 (lower body of today candlestick, i.e. today’s open)

 Green Mountain Coffee, Inc (NASDAQ: GMCR) is forming a bull flag. OMV reached a new high level. From previous OBV as well as extending height of the flag’s pole gives a target of $33. Buy at breakout with a stop at $28.

Groupon, Inc (NASDAQ: GRPN) is a possible bottom play. Gap was filled last Thursday with huge volume. CMF is trying to get back to neutral level. If the stocks moves above $4.00 significantly tomorrow, I have a ST target of $4.35, where there should be some resistance from 50day moving average. The next target after GRPN crossing 50 day moving average would be $4.75 where last time CMF crossed 0 level. I long this stock at $3.9.

Posted in APP, GMCR, GRPN | Comments Off on Stocks to watch on Nov 28: GMCR, GRPN, APP

Stocks to Watch on Nov 27: AAPL, DDD, SSYS

Monday, November 26, 2012

Stocks to Watch on Nov 27: AAPL, DDD, SSYS

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I have mentioned SSYS and AAPL on yesterday’s post and DDD on Nov20’s. All of my predictions on them are pretty accurate and nicely done. So, Standing O for ME!!

 Apple Inc. (NASDAQ: APPL) As I mentioned yesterday, I will turn bullish on Apple again if it breaks the flag pattern from above. By that, I would have a ST target to $600. It did break the pattern first thing in the morning today and reached $589.58 by its closing. Pretty close. My prediction was using the distance between the flag divergent point and the body of the candlestick at trough. A more aggressive target would use distance to the lowest shadow and extend the same distance from the top of the breakout. Therefore, my next ST target is $620,

 3D System Corp (NYSE: DDD) I signaled my followers a possible trough on DDD in my Nov 20’s post, as well as on twitter. DDD did a huge run today, jumping 11.52%. I think add shares or jumping on the boat might not be a good idea because the price is getting close to the upper channel and about to reach overbought level. Currently, I do not have a price target for this stock but does think the uptrend is accelerating.

Stratasys, Inc (NASDAQ: SSYS) I mentioned yesterday that there is a bullish breakout and have a target of $73. However, I did not expect to have another breakout such quick. Today, the stock has also made a 52w new high. Very bullish.
That’s all for today. Gotta study CFA now.

 
Posted in Uncategorized | Comments Off on Stocks to Watch on Nov 27: AAPL, DDD, SSYS

Stocks to Watch on Nov 27: AAPL, DDD, SSYS

I have mentioned SSYS and AAPL on yesterday’s post and DDD on Nov20’s. All of my predictions on them are pretty accurate and nicely done. So, Standing O for ME!!

 Apple Inc. (NASDAQ: APPL) As I mentioned yesterday, I will turn bullish on Apple again if it breaks the flag pattern from above. By that, I would have a ST target to $600. It did break the pattern first thing in the morning today and reached $589.58 by its closing. Pretty close. My prediction used the distance between the flag divergent point and the body of the candlestick at trough. A more aggressive target would use distance to the lowest shadow and extend the same distance from the top of the breakout. Therefore, my next ST target is $620,

 3D System Corp (NYSE: DDD) I signaled my followers a possible trough on DDD in my Nov 20’s post, as well as on twitter. DDD did a huge run today, jumping 11.52%. I think adding shares or jumping on the boat atm might not be a good idea because the price is getting close to the upper channel and about to reach overbought level. Currently, I do not have a price target for this stock but does think the uptrend is accelerating.

Stratasys, Inc (NASDAQ: SSYS) I mentioned yesterday that there is a bullish breakout and have a target of $73. However, I did not expect to have another breakout such quick. Today, the stock has also made a 52w new high. Very bullish.

That’s all for today. Gotta study CFA now.

Posted in AAPL, DDD, SSYS | Comments Off on Stocks to Watch on Nov 27: AAPL, DDD, SSYS

Stocks to watch on Nov 26: AAPL, SSYS, BIDU, RIMM, NOK

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I hope everyone has a great thanksgiving! I have recently opened an account on StockTwits and have found it very useful for every traders. It has a better interaction with the users. When your mouse moves on the $STOCK others have mentioned, it shows you the corresponding price charts in a small box. It is better than going fourth from Twitter to Yahoo! Finance to check out people’s ideas.
 
My StockTwits & Twitter accounts: GaryLee_HK & https://twitter.com/GaryLee_HK
 

 Apple, Inc (NASDAQ: AAPL) jumped on Tuesday after reaching extremely oversold level on RSI and Slow STO. After Friday’s close, a bull flag is constructing on chart, however, with little volume. I have a short term target of $600 if it breaks from above. If it breaks from below, my previous $480 target still holds. I do not suggest taking a long or short position before a breakout.

Baidu, Inc (NASDAQ: BIDU) I am not a big fan of Chinese Internet stocks. But BIDU is a company with strong revenue growth, high proportion of cash and cash equivalent under balance sheet and a P/E ratio of 21.58x compared with Google 20.92x. Bidu has a higher profit margins and recent growth compared with Google. After the sell off, reaching oversold level in both RSI and Slow STO. I think the stock is due for some retracement, at least to $105, which was a strong support, testing its validity again, or else, polarity. Stop order around $91.00 or 5% from Black Friday’s close.

 Nokia Corp (NYSE: NOK) and RIMM have very similar actions, with great volume. Maybe both long-suffering stocks are back! Be aware of the stock reaching extremely overbought level. Stop around 200 day moving average.

 Research in Motion Ltd (NASDAQ: RIMM) My comments on Nokia applies here. Plus OBV is ticking up quickly. Today’s close is higher than $11.00 which used to be a resistance. I do not have a target on RIMM and NOK, but I do think they are reversing. Stop could be somewhere around 200day moving average.

Stratasys, Inc (NASDAQ: SSYS) has closed above previous high on Black Friday, at $70.78. MACD and CMF is positive. My short term target is $73.30 with a stop of $69.00

Posted in Uncategorized | Comments Off on Stocks to watch on Nov 26: AAPL, SSYS, BIDU, RIMM, NOK

Stocks to watch on Nov 26: AAPL, SSYS, BIDU, RIMM, NOK

 
I hope everyone has a great thanksgiving! I have recently opened an account on StockTwits and have found it very useful for every traders. It has a better interaction with the users. When your mouse moves on the $STOCK others have mentioned, it shows you the corresponding price charts in a small box. It is better than going fourth from Twitter to Yahoo! Finance to check out people’s ideas.
 
My StockTwits & Twitter accounts: GaryLee_HK & https://twitter.com/GaryLee_HK
 

 Apple, Inc (NASDAQ: AAPL) jumped on Tuesday after reaching extremely oversold level on RSI and Slow STO. After Friday’s close, a bull flag is constructing on chart, however, with little volume. I have a short term target of $600 if it breaks from above. If it breaks from below, my previous $480 target still holds. I do not suggest taking a long or short position before a breakout.

Baidu, Inc (NASDAQ: BIDU) I am not a big fan of Chinese Internet stocks. But BIDU is a company with strong revenue growth, high proportion of cash and cash equivalent under balance sheet and a P/E ratio of 21.58x compared with Google 20.92x. Bidu has a higher profit margins and recent growth compared with Google. After the sell off, reaching oversold level in both RSI and Slow STO. I think the stock is due for some retracement, at least to $105, which was a strong support, testing its validity again, or else, polarity. Stop order around $91.00 or 5% from Black Friday’s close.

 Nokia Corp (NYSE: NOK) and RIMM have very similar actions, with great volume. Maybe both long-suffering stocks are back! Be aware of the stock reaching extremely overbought level. Stop around 200 day moving average.

 Research in Motion Ltd (NASDAQ: RIMM) My comments on Nokia applies here. Plus OBV is ticking up quickly. Today’s close is higher than $11.00 which used to be a resistance. I do not have a target on RIMM and NOK, but I do think they are reversing. Stop could be somewhere around 200day moving average.

Stratasys, Inc (NASDAQ: SSYS) has closed above previous high on Black Friday, at $70.78. MACD and CMF is positive. My short term target is $73.30 with a stop of $69.00

Posted in AAPL, BIDU, NOK, RIMM, SSYS | Comments Off on Stocks to watch on Nov 26: AAPL, SSYS, BIDU, RIMM, NOK

STOCKS TO WATCH ON NOV 21: GRPN, RIMM, TLAB

Stocks To Watch on Nov 21: GRPN, RIMM, TLAB

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 Groupon, Inc (NASDAQ: GRPN) had a strong move today, up 8.53%, closing at $3.37. Parabolic SAR shows a new uptrend is coming. Watch out for bullish MACD crossover. I have a short term target of $3.68 which fills the gap formed earlier this month.

Research in Motion Ltd (NASDAQ: RIMM) has continued its strong uptrend after breaking out yesterday with ascending volume. ADX is ticking up. Again, I believe the stock is reversing.

Tellabs, Inc (NASDAQ: TLAB) jumped 2.21%. I might initiate a long position tomorrow due to the followings: (1) Parabolic SAR shows a uptrend is upcoming. (2) MACD is going to cross over, very possibly, tomorrow. (3) Double bottom pattern on BB. (4) RSI is at oversold level. My short term target for TLAB is $3.00, which is a round number and the previous high.

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Stocks To Watch on Nov 21: GRPN, RIMM, TLAB

 Groupon, Inc (NASDAQ: GRPN) had a strong move today, up 8.53%, closing at $3.37. Parabolic SAR shows a new uptrend is coming. Watch out for bullish MACD crossover. I have a short term target of $3.68 which fills the gap formed earlier this month.

Research in Motion Ltd (NASDAQ: RIMM) has continued its strong uptrend after breaking out yesterday with ascending volume. ADX is ticking up. Again, I believe the stock is reversing.

Tellabs, Inc (NASDAQ: TLAB) jumped 2.21%. I might initiate a long position tomorrow due to the followings: (1) Parabolic SAR shows a uptrend is upcoming. (2) MACD is going to cross over, very possibly, tomorrow. (3) Double bottom pattern on BB. (4) RSI is at oversold level. My short term target for TLAB is $3.00, which is a round number and the previous high.

Posted in GRPN, RIMM, TLAB | Comments Off on Stocks To Watch on Nov 21: GRPN, RIMM, TLAB