Category Archives: EBAY

Stocks to Watch for Nov 12: TIVO, EBAY, APP, JPM

Posted on November 11, 2012 by cl117692

 American Apparel Inc. (AMEX: APP) shows some strong strong around $1.03 area. Any drop below this area will trigger massive sell off, at least until $0.95 level, fulfilling the inverted head & shoulder pattern. However, the stock tends to reverse when CMF readings are in extreme level. So watch out for any bullish action, which also gives a double bottom signal under BB. (i.e. when second trough does not touch lower BB) Additionally, MACD Histogram is about to cross above. Definitely put it on your radars.

 eBay, Inc. (NASDAQ: EBAY) with a flat BB and low ADX reading. Any price greenish price action, making the closings away from lower BB can be bullish, signaling a possible double bottom play.

J.P. Morgan Cahse & Co (NSYE: JPM) shows some retracement today, closing at $40.62, confirming some support from 50day moving average. Slow STO at oversold level. I am looking the stock to continue its uptrend soon.

TiVo, Inc. (NASDAQ: TIVO). I bought some shares today. 50-200 moving averages golden crossed, with decent action today.

Posted in APP, EBAY, JPM, TIVO | Comments Off on Stocks to Watch for Nov 12: TIVO, EBAY, APP, JPM

Oct 18: CECO, EBAY, SIRI, BIDU, MET, INTC

Posted on October 19, 2012 by cl117692

Career Education Corp (NASDAQ: CECO) made a interesting move. It had a strong move today after hitting 50MA. 50MA ticking up. It could be a turnaround candidate.

eBay Inc (NASDAQ:EBAY) hit as high as $50.94, and close at $50.83, breaking previous 52w high ($50.65). Watch this stock on Friday for a continuation on the move.. As long as the stock stay above 50day moving average, I am confidence in this stock. Bullish sign in STO, MACD, RSI. Looking at 50day and 200day moving averages, the trend seems very strong.

Sirius XM Radio Inc (NASDAQ: SIRI) keep making new high recently. About to touch $3 line. We should see some corrective move after the breakout, considering RSI, STO is hitting overbought level.

Baidu, Inc (NASDAQ: BIDU) is trading below 50 day moving average but getting close to test if it can cross it. Any breakout above $117.20 would be a great entry. BIDU is on my radar now.

Intel Corp (NASDAQ: INTC) is trading at the very lower area of the downward price channel at $21.67 but STO shows improvements, making higher highs. The company reported lower than expected financial results yesterday causing a huge sell off. It is not hard to imagine sell off like this could be over reacted with such significant volume.

Metlife, Inc. (MET) interestingly has a very similar chart with BAC (referred to my yesterday post) There is a confirmed double bottom (W) pattern. MET also made a breakout from previous high $36.52 and closes at $47.11. RSI has not yet shown oversold signal. +ve MACD. ATR decreasing gives indication that we can expect to experience a smaller variance in price. As long as it closes around $35.80-$36.00. I am confidence on MET.

Posted in BIDU, CECO, EBAY, INTC, MET, SIRI | Comments Off on Oct 18: CECO, EBAY, SIRI, BIDU, MET, INTC