Category Archives: GRPN

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

 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 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

Oct 24: GRPN, ONVO, APP, FB, YELP, ASPS

  • American Apparel Inc. (AMEX: APP) have definitely have found some support from $1.10 level. $1.10 has been resistance two times in the past. Now turning to a support is a bullish sign for APP. 
  • RSI might be turning around.
  • Giving the $1.10 strong support, any appreciation could be meaningful to this stock. However, for safer play, you can entry at $1.25. which is above 50 day moving average.

  • Atisource Portfolio Solution S.A. (NASDAQ: ASPS) broke out from the rectangle pattern with heavy volume, closing at $124.33
  • Today’s high just about touched upper Bband (Bullish signal)
  • MACD turning positive
  • Slow STO and RSI at high level, signaling this stock might undergo some consolidation (horizontal move) or correction. 

  • Facebook, Inc (NASDAQ: FB) Needless to tell you about its earning and active users growth. One beating report does not mean its business model is sustainable. But it could be a start. I am still very skeptical on Facebook stock with PE ratio higher than 70 times
  • However, Technical, today’s move could be quite bullish. Touching upper Bband, STO. RSI turning around, as well as MACD crossover

  • Groupon, Inc (NASDAQ: GRPN) is still dropping after today’s rally on internet stocks. I don’t see much signal from the chart besides bearish ones. My positions stopped out days ago after crossing below 50day MA.

  • Organovo Holdings, Inc (ONVO) Pretty much a roller coaster stock. Its book of business is similar to DDD, SSYS. Fundmental prationers can do comparable analysis on their financials.
  • Technically. RSI shows some support on 50 level. Slow STO is making higher lows and higher highs. After the job from $2.00 to $3.39. the stock now closing at $2.44 after today jump for 2.52%. I am looking this stock to trade sideway or within a range within the coming weeks
  • Yelp, Inc (NYSE: YELP) failed to break out the consolidation pattern from above. The stock today jumped 7.38%. I would not have caught my attention until today’s jump.
  • Today’s jump shows YELP has found strong support from 33% Fibonancci Retracement level. Here is the calculations: (High-Low)/ Previous Low =(29.48-23.72)/17.5 = 32.7%. Pretty precise. I am looking forward to seeing more upward price movement in the coming weeks.
  • RSI ticking up. Slow STO shows oversold signal.
Notable earnings before Thursday’s open: ABB, AET, AUO, AVT, AZN, BEN, BG, BIIB, CAB, CCE, CELG, CL, CME, CMS, CNX, COP, CRR, CS, CVE, D, DBD, DDD, DNKN, EQT, GG, GTI, HERO, HOT, HSY, IMAX, IP, JBLU, JNS, LINE, LKQ, MCK, MJN, MO, MYL, NBL, NOV, NS, NVS, NXPI, NYT, O, ORI, OXY, PCAR, PCP, PDS, PG, PHM, POT, PTEN, RCL, ROC, RTN, RYN, S, SHW, SPG, SWI, TKR, TSM, TZOO, UA, UAL, VLY, VPHM, XEL, ZMH
Notable earnings after Thursday’s close: AAPL, AMZN, APKT, BAS, BMRN, CA, CB, CERN, CINF, CLD, CLWR, COG, CRBC, CSTR, DECK, DV, EDR, EMN, EXPE, IM, INFA, KFN, KLAC, MXIM, MXWL, N, OLN, PFG, PWER, QLIK, RGC, SPF, VAR, VRSN, WRE, WWWW 
Posted in APP, ASPS, FB, GRPN, ONVO, YELF | Comments Off on Oct 24: GRPN, ONVO, APP, FB, YELP, ASPS

Oct 22: COF, GRPN, IDCC, SPY

 Capital One Financial Corp. (NYSE: COF) closes at exact $60.00. I consider it as a corrective move after Friday’s breakout of 52w new high. Note that today’s volume is lower than Friday’s. All MAs, MACD and RSI shows strength. I might initiate a position tomorrow if it does not close below $60.00.

Groupon, Inc. (NASDAQ: GRPN) The picture is not good. it closes below 20,50-day averages. Negative MACD crossover, -ve CMF. Maybe the appreciative move when I shared this stock as a buy candidate was just a corrective move. The stock seems to fail to reverse its trend. I have sold my shares.

InterDigital, Inc. (NASDAQ: IDCC) closed back above 50-day moving average today. The  A/D line is still at high level. I don’t see much reason to sell the stock technically, except if you argue earning play is risky. Note that earnings announcement is on this Wednesday (10/24).

S&P 500 (NYSE: SPY) The picture on Standard & Poors 500 are not pretty as well. Closing below 20day MA and very close to 50MA. The index has failed to make higher high for 2 times since October. Volume on red days are generally higher than green ones. Bearish signal from RSI, MACD and CMF. I am planning to add some weight on my bear play on my portfolio besides volatility index (UVXY).

NYSE:TZA is bear 3x ETF on Russell 2000 index. 3X allows you to allot fewer proportion of your money invested to get the hedge or risk-reduction characteristics to your portfolio.

Disclosure: I am long IDCC and UVXY

Posted in COF, GRPN, IDCC, SPY | Comments Off on Oct 22: COF, GRPN, IDCC, SPY

Oct 11: GRPN YOKU, S

The 339,000 level on the jobless claim is the best reading for 4 and a half year. Despite low jobless claim, economy is still adding job in a slow rate. Keep updated with next nonfarm payroll and employment data.
Groupon, Inc (NASDAQ: GRPN) had a surge today, showing 50MA is once again a strong support.

Yoku showing a possible bottom play here. Bullish MACD, RSI, Slow STO.
Sprint is in talking with Softbank in Japan. Possible acquisition price is $6 per share. Share went up 20%. I sold at $5.8. I don’t prefer buying firms under acquisition talks because upside potential is limited, while a failure in making a mutual agreement would hurt the stock too much. I am satisfied with almost 20% profit in one day.


Posted in GRPN, S, YOKU | Comments Off on Oct 11: GRPN YOKU, S

Oct 06: Stock of the week: IDCC, LMT, DDD, SIRI, GRPN, ZNGA

3D Systems Corp (NYSE: DDD) just closed above 20MA. Wait to see next movement on BBand to trade. MACD turning +ve. However, CMF and RSI show a ugly picture

InterDigital, Inc (NASDAQ: IDCC) Once again, possible cup and handle pattern. I want to bring in Point and Figure Chart of IDCC to capture its recent bullish trend. P&F has made 3 consecutive upward breakout. A Bullish reversal sign for the long run

Lockheed Martin Corp (NYSE: LMT) After a rectangular consolidation pattern, the stock had a bullish breakout. Support found well around 91. Stop order could be set around $91 if you want to participate in it.

Sirius XM Radio Inc (NASDAQ: SIRI) bullish on RSI, MACD, CMF, Bband. The stock shows a bullish Elliot Wave Pattern. 

Overview of S&P 500. Support can be well found around 20 day moving averages. Positive MACD Crossover but Bearish CMF Crossover. 

Disaster for Zynga Inc (NASDAQ: ZNGA) Premarket dropped 20%. Even though there is bounce back for the rest of the day. ZNGA closes with 11.60% drop with highest volume since its IPO. I can’t stress enough how ZNGA and FB has unproven business model that revenue growth and corp governance (user’s privacy, etc) are all in doubt.

Posted in DDD, GRPN, IDCC, LMT, SIRI, ZNGA | Comments Off on Oct 06: Stock of the week: IDCC, LMT, DDD, SIRI, GRPN, ZNGA

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

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. 

Posted in DDD, GRPN, IDCC, S, SPY | Comments Off on Sept 26: SPY, S, GRPN, DDD, IDCC