Category Archives: RIMM

Stocks to watch on Nov 26: AAPL, SSYS, BIDU, RIMM, NOK

Posted on November 25, 2012 by cl117692
 
I hope everyone has a great thanksgiving! I have recently opened an account on StockTwits and have found it very useful for every traders. It has a better interaction with the users. When your mouse moves on the $STOCK others have mentioned, it shows you the corresponding price charts in a small box. It is better than going fourth from Twitter to Yahoo! Finance to check out people’s ideas.
 
My StockTwits & Twitter accounts: GaryLee_HK & https://twitter.com/GaryLee_HK
 

 Apple, Inc (NASDAQ: AAPL) jumped on Tuesday after reaching extremely oversold level on RSI and Slow STO. After Friday’s close, a bull flag is constructing on chart, however, with little volume. I have a short term target of $600 if it breaks from above. If it breaks from below, my previous $480 target still holds. I do not suggest taking a long or short position before a breakout.

Baidu, Inc (NASDAQ: BIDU) I am not a big fan of Chinese Internet stocks. But BIDU is a company with strong revenue growth, high proportion of cash and cash equivalent under balance sheet and a P/E ratio of 21.58x compared with Google 20.92x. Bidu has a higher profit margins and recent growth compared with Google. After the sell off, reaching oversold level in both RSI and Slow STO. I think the stock is due for some retracement, at least to $105, which was a strong support, testing its validity again, or else, polarity. Stop order around $91.00 or 5% from Black Friday’s close.

 Nokia Corp (NYSE: NOK) and RIMM have very similar actions, with great volume. Maybe both long-suffering stocks are back! Be aware of the stock reaching extremely overbought level. Stop around 200 day moving average.

 Research in Motion Ltd (NASDAQ: RIMM) My comments on Nokia applies here. Plus OBV is ticking up quickly. Today’s close is higher than $11.00 which used to be a resistance. I do not have a target on RIMM and NOK, but I do think they are reversing. Stop could be somewhere around 200day moving average.

Stratasys, Inc (NASDAQ: SSYS) has closed above previous high on Black Friday, at $70.78. MACD and CMF is positive. My short term target is $73.30 with a stop of $69.00

Posted in AAPL, BIDU, NOK, RIMM, SSYS | Comments Off on Stocks to watch on Nov 26: AAPL, SSYS, BIDU, RIMM, NOK

Stocks To Watch on Nov 21: GRPN, RIMM, TLAB

Posted on November 21, 2012 by cl117692

 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

Socks to Watch on Nov 20: DDD, RIMM. AGNC, SPY

Posted on November 20, 2012 by cl117692

 American Capital Agency Corp (NASDAQ: AGNC) Told you on AGNC reversing (yesterday). Now, Watch for MACD histogram crossover.

3D System Corp (NYSE: DDD) seems an uptrend is firm with 4 troughs connected in a ascending prices. My target, for now, is $46 through extending a parallel line to make a channel.

Research in Motion, Blackberry (NASDAQ: RIMM) broke the bullish flag last Friday and filled the July’s gap and made a new high at $9.59 after previous one at $9.17. My next short term target is $10.00 but I think the stock is reversing. 

S&P500 (NYSE: SPY) Told you yesterday that there would be a move very soon. Just another update, On Balance Volume shows the stocks might be underpriced right now.

Posted in AGNC, DDD, RIMM, SPY | Comments Off on Socks to Watch on Nov 20: DDD, RIMM. AGNC, SPY

Oct 26, IDCC, RIMM. AFCE, PCAR, SSYS

Posted on October 27, 2012 by cl117692

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.
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Posted in AFCE, DDD, IDCC, PCAR, RIMM, SSYS | 1 Comment