-
Recent Posts
Recent Comments
Archives
Categories
- AAPL
- AFCE
- AFFY
- AGNC
- AMD
- AMZN
- APP
- APPL
- ARNA
- ASPS
- BAC
- BIDU
- BKS
- blog
- bonds
- BP
- C
- CAH
- CECO
- CFNL
- CLWR
- COF
- COH
- CSCO
- DDD
- EBAY
- ED
- EDU
- ELOQ
- equity
- exchange
- FB
- finance
- FSLR
- GDOT
- GMCR
- GMED
- GRPN
- HCA
- HCSG
- HPQ
- IDCC
- ideas
- INTC
- Investing
- Investment
- IPG
- JEF
- JPM
- LGF
- LMT
- M
- MET
- MRVL
- news
- NFLX
- NOK
- ONVO
- OVTI
- P
- PCAR
- PCYC
- PG
- POL
- PWR
- QIHU
- QQQ
- RIMM
- S
- SINA
- SIRI
- SKYW
- SPY
- SSYS
- stock exchange
- stocks
- technology
- technology analysis
- TIVO
- TLAB
- top stories
- trading
- Uncategorized
- UNG
- UVXY
- wall street
- WFC
- WFS
- WMT
- writers
- XOM
- XRTX
- YELF
- YOKU
- ZNGA
Meta
Category Archives: IDCC
Stocks to Watch on Dec 06: AAPL, EDU, IDCC, NOK, SPY
Apple, Inc (NASDAQ: AAPL) breaks below its ascending triangle, reversing its uptrend, as I mentioned yesterday on my blog. http://stks.co/mG4T. Today, it falls 6.43% and another half percent during after hours. MACD is falling quickly and will soon be having a bearish cross. CMF is falling again. The picture on Apple is not nice. It seems to be forming so-called Elliot Waves. We are experience wave 3, which is, by theory, the longest and with most volume. I shorted AAPL today. I have a target of $500 by the end of this week.
New Oriental Education (NYSE: EDU) has almost filled all of its gap after its accouting scandal. By the look of the huge drop in two days, touching lower Bband with low readings on RSI and Slow STO. Although I think this stock is due for some correction. I am nothing saying the uptrend still enacts, prices touching lower bband can consider as a BUY signal (by textbooks)
InterDigital, Inc (NASDAQ: IDCC) breaks above $44.00 today. 200 day moving average seem to come to a saucer bottom. MACD and CMF are holding up pretty well.
S&P 500 (NYSE: SPY) This is my first time covering technical analysis on stock index because today’s move is very interesting and bullish on chart. Today’s low hits $140.00 (or Index:1400) yet closing slightly above yesterday open/close. Resistance is found under 50 day moving average but it seems like SPY is making higher lows. After all, I am bullish on stocks towards to the end of 2012.
Nokia Corp. (NYSE: NOK) raised 12.79% today with huge volume and 2% more in after-hours. 200 day moving average might be bottoming. MACD is ticking up. Faster moving average crossing slower from below could trigger another buying power. But I think NOK is due for some correction, as this stock rarely stays over 70 on RSI for longer than 2 days.
Stocks to Watch on Dec 03: AMD, BAC, CLWR, IDCC, TLAB
Advanced Micro Devices, Inc. (NYSE: AMD) slowing the downtrend. Looks good on MACD. Watch for big action as price touches upper Bband with bands widening.
Bank of America (NYSE: BAC) moves follows the channel well. BAC also outperforms other banks’ stocks, such as JPM, C, etc. CMF is recovering. It finds some great support from 50 day moving average. OMV is moving up quickly with very little price appreciation. BAC is on my radar.
Clearwire Corp (NASDAQ: CLWR) broke its ascending triangle on Friday. ATR is upticking, Bband is widening with price closing above its upper band. Bullish Slow STO signal. I look forward to more price appreciation throughout the coming trading week.
InterDigital, Inc. (NASDAQ: IDCC) is closing around its recent high. Watch for a breakout above $43.09 for entry.
Tellabs, Inc. (NASDAQ: TLAB) I got some luck on this stock. I posted my bullish view on this stock on my Wednesday Nov 28’s post, but I did not expect a huge price appreciation that huge and quick. CEO is trying to boost its stock price by paying a $1 special dividend. According bird-in-hand theory, this stock should rise $1 above its price before the price on dividend declaration date, which would be around $3.80 (adding from previous day’s close) I still long this stock.
Stocks to Watch on Nov 15: IDCC, AAPL, FB
I am currently studying for CFA Level I Exam on Dec 1. Starting from tomorrow, I will pick only 2-3 stocks per blog entry. Shorter description may also be expected.
Facebook, Inc (NASDAQ: FB) has rise 12/19%, closing at $22.28. MACD is making bullish crossover. Slow STO is ticking up after showing oversold signal. I look for more action, at least somewhere around 100day moving average.
InterDigital, Inc (NASDAQ: IDCC) told you on a upcoming pullback on Nov 09. I am expecting action downwards until reaching 50day MA. However, the uptrend of this stock still enacts. Mind for bearish MACD crossover.
Apple, Inc (NASDAQ: AAPL) everyone knows Apple has a great fundamentals. However, there is no idea when the recent downtrend is going to end. 50day and 200day moving average is turning around, pointing downwards. The closing price is slightly away from Lower BB, but that’s not enough. Bearish flag is forming on charts and if broken, my next target is $480.
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.
Oct 26, IDCC, RIMM. AFCE, PCAR, SSYS
InterDigit, Inc (NASDAQ: IDCC) finally make some move. I know I told you I sold my shares on twitter. But I might have mislooked the mid-term uptrend. With today’s run, seems the uptrend is still intact. Personally, I might not buy until I see more moves. I don’t want to get too emotional on this stock.
Research in Motion Ltd (NASDAQ: RIMM) For those who are still holding their shares. Mind for 50day moving average cross over. The picture here ain’t looking good at all, especially the A/D line.
AFC Enterprise, Inc. (NASDAQ: AFCE) holds a commonly known franchise, Popeye’s. After today drop by 4% the stock is closing around 50 day moving average. In light of the action on IDCC today. I think AFCE might be a candidate to have a similar move (a run off after a huge drop)
PACCAR, Inc (NASDAQ: PCAR) had a positive move today and yesterday with huge volume. A/D, MACD< CMF are all ticking up. MACD just crossed over. Today’s high ($43.5) is also higher than last high ($43.38). Watch out for more action.
Stratasys, Inc (NASDAQ: SSYS) crossed back to a level above 50 day moving average. Decent volume with A/D ticking up significantly, showing a bullish divergence. SSYS is also one the companies manufacturing 3D-printers and related technology like DDD.
J. P. Morgan Chase & Co. (NYSE: JPM) has shown red 4 out of 5 trading days this week. A/D does not should much move. So, might be a negative divergence there. JPM is now trading close to 50day moving average ($40.00) which happens to be an exact number. I look forward to seeing some strong support of $40.00 level and a move higher. Since the stock has been making HH HLs.
Follow me on Twitter: https://twitter.com/GaryLee_HK
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
Oct 15: IDCC. OVTI, DDD, IPG, SINA
3D System Corp (NYSE: DDD) makes a higher low and higher high. One more similar action will confirm a new uptrend. However, according to Volume by price, the stock is now priced right. I don’t think buying the stock now would endure much downside potential.
InterDigital Inc. (NASDAQ: IDCC) After yesterday drop despite SoftBank M&A pushed tech stocks. IDCC made a significant run today after recent fall. It is very possible that the pull back is done and the uptrend should now continue. I am planning to add more position when I see green action in any size during tomorrow’s opening. RSI, Slow STO is healthy. 50-200MA crossed over. MACD is perking up. Accumulative sign shows in Chaikin Money Flow. BUY!
Interpublic Group of Companies, Inc. (NYSE: IPG) showing a uptrend channel.
OmniVision Technologies, Inc (NASDAQ: OVTI) watch for MACD crossover and trend reversal. Next price with similar volume is at $16-$17 level. A lot of upside potential here.
Sina.com (NASDAQ: SINA) closing around 50 and 200 MA. 50-200 MA crossed 3 days ago. STO at oversold level. This stock is suitable for aggressive traders.
Oct 10: AFFY, IDCC, BKS
Affymax, Inc (NASDAQ: AFFY) Keeps making new high on expanding volume and candlestick body. Caution on RSI level, a closer stop order should be made when entering the trade. Slow STO shows a significant uptrend as well.
IDCC again. Just realize similar corrective pattern pattern before after a boom with extraordinary high volume. Once again, the stock is falling with low volume. I remain bullish on this stock.
Barnes & Noble (NYSE: BKS) There is a breakout from saucer bottom today on this stock. Considering high RSI, corrective moves could be on the way. But for ones who are aggressive, entering any time can still be a good play. +ve MACD, +ve Bullish STO divergence.
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.
Sept 27: IDCC, FB, LGF
InterDigital, Inc (NASDAQ: IDCC) I want to cover on IDCC again because I am highly bullish on this stock. There is a run with significantly higher volume after the announcement that it is added to S&P400. Chaikin Money Flow Index turned positive. MACD is about to have a positive crossover, 50day MA is about to crossed 200day MA from below, which some consider a golden cross. The price touches upper band of B-Band again. On Balance Volume confirms the move. RSI is making higher lows and hold well above 50.
Fundamentally, stock managers, ETFs will need to purchase a great amount of the stock to balance/track the index (SP400).
According to Bloomberg, IDCC major customers include Samsung (37% of rev), RIMM (17%), HTC Corp (11%), AAPL (4.38%), Hitachi (3.48%), Quanta Computer (2.80%) and Ericsson (1%). Focus: SAMSUNG!!
Liongate Entertainment Corp (NYSE:LGF) We are looking at a longer term chart here, a weekly candlestick. After the bloom due to strong box office of Hunger Game in March, LGF has been forming a “cup and handle” chart with a neckline of $16. However, On Balance Volume is not confirming the price. However, breakout of $16 would make the stock a good candidate to trade with.
Facebook, Inc (NASDAQ: FB) It is showing a textbook-so-called “possible” head and shoulder pattern with a neckline around $23.5 here. While MACD remains positive and OBV confirming, the price has found supper from 20day SMA after double the upper band of Bollinger band. With the fact that it is still trading below 50day SMA and the hard-to-prove fundamentals and business models of Facebook, I would suggest trading it after the breakout. Without a breakout, the pattern, at least “possible” pattern, means nothing at all.
