Category Archives: DDD

Oct 01: CAH, HCSG, DDD, HCA

Posted on October 2, 2012 by cl117692
Cardinal Health, Inc. (NYSE: CAH) shows positive sign in MACD and Chaikin Money flow index. From candlestick chart, there is a flag forming, which is a continuation pattern for recent run. The stock is about to cross its 50day MA from below. Keep it on your radar.

Healthcare Service Corp, Inc. (NASDAQ: HCSG) broke out with a strong volume today. After recent-found well support at 50day MA, the stock today shows a gap open and a run to 23.81 at close. I look forward to seeing more action from HCSG. Stop can be made at the neckline.

3D Systems Corp (NYSE:DDD) My once-favorite stock DDD has performed really bad recently. Trading well within the downward slopping channel. I am totally bearish on DDD, as well as SSYS,  a similar 3D printing company.

HCA Holdings Inc. (NYSE: HCA) After the breakout early September and the following pullback, testifying the neckline, the stock shows a good support at 31.5 level. And there is a huge run to the north for 4 consecutive days. I think HCA has high potential but given the fact that RSI is at overbought level, the stocks might shows a pullback in the future. Stop can be made at $31.5.

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Sept 26: SPY, S, GRPN, DDD, IDCC

Posted on September 26, 2012 by cl117692

Sprint (NYSE: S) has been in a uptrend for a while. Although there is an almost-3% drop today, the body of the candlestick is still touching the upper band of BBand, which means buy signal is still entailed. There is a cup and handle pattern with a breakout. A pullback like today is normal considering Slow STO is at overbought level.

S&P500 Index: Even though, we have experienced several red trading days, I remain bullish on the outlook, at least technically. First of all, SPY is still closing above the exponential moving average in the middle of BBand. Second,  it still closes above 141, the breakout level.
Updates to stocks I have mentioned before:
Groupon (GRPN) has dropped 7.21% with increasing short ratio at 10.48%
3D System (DDD) has dropped 4.02% after morning’s gaining. It now has a short ratio of over 20%. I think it is a very good candidate for short squeeze speculation.
InterDigital (IDCC): As mentioned yesterday, it finds strong support from its 200 day moving average. It now has a short ratio of 15%. A good candidate for short squeeze too. However, it has closed below 200 day moving average today with less than average volume. 

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