Category Archives: MET

Stocks to Watch on Dec 04: CFNL, FB, MET, JEF, PCYC, QIHU

Posted on December 4, 2012 by cl117692
Congratulations to myself. I signaled my followers on a upcoming depreciation on $NFLX prices throughout the weekend on twitter (click here to follow me) and stocktwits. $NFLX dropped more than 5% today.

Cardinal Financial Corp (NASDAQ: CFNL) Broke its pennant today, which is a signal of trend continuation. I have a ST target of $16.21. Slow STO just left oversold level and MACD is upticking.

 Facebook, Inc (NASDAQ: FB) filled the gap made on July yesterday. We have seen some correction today; however, as long as it is closing above $27.00, I am still bullish on this stock.

 Jefferies Group, Inc. (NYSE: JEF) has made a new high today. I do not have a target for now but the chart is definitely bullish. JEF has a 1.02x Price/Book and 15x P/E ratio. Quite a stock with value.

 Metlife, Inc. (NYSE: MET) is trading around 200 and 50 day moving averages with a quote neutral level of CMF and RSI. Look for a move above $33.70 as entry.

 Pharmacyclics, Inc (NASDAQ: PCYC) has just crossed above its ascending triangle pattern, testing to fill the gap. Assuming the uptrend continues tomorrow, I have a short term target of $59.00.

QIHOO 360 Techniclogy Co. Ltd. (NYSE: QIHU) has gained massive momentum with volume after breaking the $25.00 resistance level. CMF & MACD accelerating.

Posted in CFNL, FB, JEF, MET, PCYC, QIHU | Comments Off on Stocks to Watch on Dec 04: CFNL, FB, MET, JEF, PCYC, QIHU

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