Category Archives: AGNC

Socks to Watch on Nov 20: DDD, RIMM. AGNC, SPY

 American Capital Agency Corp (NASDAQ: AGNC) Told you on AGNC reversing (yesterday). Now, Watch for MACD histogram crossover.

3D System Corp (NYSE: DDD) seems an uptrend is firm with 4 troughs connected in a ascending prices. My target, for now, is $46 through extending a parallel line to make a channel.

Research in Motion, Blackberry (NASDAQ: RIMM) broke the bullish flag last Friday and filled the July’s gap and made a new high at $9.59 after previous one at $9.17. My next short term target is $10.00 but I think the stock is reversing. 

S&P500 (NYSE: SPY) Told you yesterday that there would be a move very soon. Just another update, On Balance Volume shows the stocks might be underpriced right now.

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Stocks for watch on Nov 19: AGNC, NFLX, SPY

 American Capital Agency Corp (NASDAQ: AGNC) A breakout took place after an engulfing bullish pattern. I think it would be a long setup and a reversal to the recent downtrend as prices leaving lower BB. CMF turned back to +ve area and extreme MACD reading seems to be reversing. Yesterday’s move was also significant in a way that the closing crossed 200day moving average.

 Netflix, Inc (NASDAQ: NFLX) has broken the bullish ascending triangle today and finds some resistance over 200day moving average. The moves follows the criteria of a triangle as a continuation with decreasing volume throughout the formation and a breakout with relatively high volume. I am long this stock. I have a target of $95 from extending the height from the nearest trough to the base of the triangle.

Standard Poors SPDRs (NYSE: SPY) Just wanna touch base on the market in a general sense since there is a huge sell-off in the recent trading weeks. RSI and Slow STO are at extremely oversold level, amid worries on fiscal cliff and EU economies. Today’s bounceback is a good sign, signaling a possible reversal since volume exceeds any single days in the whole week. MACD seems to be reversing after reaching lowest level since June. I look forward to a correction to at least $147.42 then $140 before seeking another round of sell-off, if not, even higher index returns depending on the market currents.

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Stocks to Watch 11/16/2012: AGNC, NFLX, ZNGA

 American Capital Agency Corp. (NASDAQ: AGNC) is showing a bulllish engulfing chart pattern today. However, low volume is signaling a high degree of uncertainty. Slow STO and RSI is at oversold level. The price of AGNC has fallen to almost yielding 20%. Crossing $30.00 is very important, not only because it is a major psychological resistance, but it is also a resistance point under Pivot Table.

 Netflix, Inc (NASDAQ: NFLX) had a nice move before close, breaking the ascending triangle. It is a bullish breakout. I have blogged about a possible breakout in Nov 14’s post.  Today’s closing is also above 200 day moving average. I am looking forward to seeing more action on NFLX next week.

Zygna, Inc. (NASDAQ: ZNGA) jumped 7% closing at $2.29 today, closing above 20day MA. There is also a double bottom signal from BB as 2nd trough did not touch the lower BB. Slow STO and RSI is ticking up. MACD is getting close to 0. The action on tomorrow is very important. If the run continues, we will be sure it is a bottom play. If not, 20day MA is a major resistance.

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Nov 09: IDCC, DDD, AGNC

 American Capital Agency Corp (NASDAQ: AGNC) has been under massive sell-off after its earning reports and lowering forecasts from rating companies. It showed some green action today. Slow STO and RSI are now both under oversold level. I think any closing outside the lower Bband could be a short term bullish signal. After all, it is a REIT yielding 16%+. From the past performance of AGNC, as well as other strong uptrend stocks falling sharply, they makes a run days after RSI reaching 30.0 level. For a faster referral, look at DDD below, which also shows the same pattern.

3D System (NYSE: DDD) One of my all time favorite again. Just made a 52w new high, closing at $46.02. RSI and Slow STO showing overbought signal, so any pullback can be a great entry.  All moving averages are pretty healthy. Rumor says the military is ordering supplies from this company.

InterDigital, Inc. (NASDAQ: IDCC) heated up from $33.06 to $43.09 within 10 trading days. Luckily, I have sold my shares two days ago, which happens to be the trading day with highest closing recently. Gotta admit, it is totally by luck and chance to pick the highest day. But I still believe IDCC would undergo some form of correction in the coming trading days, at least to the level of $38.00 (the previous top). My intuition from Bband is simple. Any action away from upper and lower Bband, especially a candlestick not touching the bands at all, signals for a correction or reversal. I have found it quite accurate way of looking at IDCC specifically.

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