Category Archives: SIRI

Stocks to watch on Nov 14, 2012: SIRI, DDD, NFLX, TIVO

Posted on November 14, 2012 by cl117692

 Netflix, Inc (NASDAQ: NFLX) has filed the gap and showing a ascending triangle, which is by definition a continuation (bullish) pattern. A closing above $81.00 is significant because it will be above 200 day MA too. The volume follows the criteria for ascending triangle. Watch for breakout guys. Use entry order with a stop around at least $75.00 level or closer.

TiVo, Inc. (NASDAQ: TIVO) is still showing support from 50day MA. I will consider adding shares on it, depends on NFLX, whichever comes first. 

 3D Systems Corp (NYSE: DDD) just find something bearish on my recent favorite stock. AD line is showing a negative divergence with the recent uptrend. Massive sell out in the recent two trading days with huge volume. MACD history is about to cross to negative level. However, some firms upgrades its rating. Given the high RSI reading, I think the stock will continues to drop in the coming days, and might be hitting the lower BB until a reversal or retracement.

Sirius XM Radio Inc (NASDAQ: SIRI) is showing a bullish sign. Support found on $2.66 level which is previously a high, confirming the uptrend still enacts, after hitting lower BB and 50 Day moving average (Bullish!) Volume today is large although the movement is little (0.36%). MACD histogram is reversing. Comparably high AD level amid lower prices. I think the stock will reach $2.9 level in less than 2 weeks. I am planning to add shares tomorrow.

Posted in DDD, NFLX, SIRI, TIVO | Comments Off on Stocks to watch on Nov 14, 2012: SIRI, DDD, NFLX, TIVO

Oct 25: AAPL, CLWR, DDD, ED, SIRI, PG

Posted on October 25, 2012 by cl117692

Apple, Inc (NASDAQ: AAPL) missed estimate after hours. Watch for tomorrow action. The stock has recently been sold massively. I am looking forward to 200 day moving average giving some support to the stock. PE ratio P/Book ratio is lower than SP500. It could be a value when market sentiment is over-reacting and over-selling this stock.

Clearwire Corp. (NASDAQ: CLWR) has retraced most of the run early this month. Now closing right above major moving averages (20, 50, 200 days) Golden cross days ago. but MACD turning negative. Watch for major action.

3D System Corp. (NYSE: DDD) For those what have been following me since this summer should DDD was my favorite stock by then. Today it made a 13.72% jump closing at $40.75 after earning reports, touching upper bband and confirming the short term price channel. CMF turning positive. MACD +ve. RSI making higher lows. I initiated a long position in this stock today. Looking forward to see some more price action for the coming weeks.

Consolidated Edison, Inc (NYSE: ED) RSI has been making higher lows. CMF crossed to +ve level. MACD +ve. This stock has been trading in a tight range of $59-$61, making a bullish divergence with RSI, MACD, and CMF indicators. Earning report is on Nov. 2nd.

Sirius XM Radio Inc (NASDAQ: SIRI) I have sold my positions in SIRI last week as I mentioned I am expecting a little correction after the stock hitting $3.00. I was analyzing based on slow STO and RSI. Now the RSI is back to OKAY level. However, when I pull up Accumulation/Distribution indicator. The story is different. A/D line is keep making new high, sending us a bullish divergence on SIRI. According to Bband, prices should find some support around 20day moving average, and it is trading right above it today. Should it make a new run soon, its your call. But I am bullish on this stock on the long run.

Procter & Gamble Co. (NYSE: PG) made a new high today, closing at $70.07. Yield 3.21% on dividends with Beta 0.44. Quite a stock for safety. I might initiate a long position tomorrow on this amid mixed earning report season.

Notable earnings before Friday’s open: ACI, AON, ARLP, AXL, B, CMCSA, CVH, DAN, DLR, EGO, ERIC, GT, HMSY, IMGN, IPG, KKR, LM, LYB, MCO, MRK, OHI, OSK, QSII, TASR, TCB, VTR, WY

Posted in AAPL, CLWR, DDD, ED, PG, SIRI | Comments Off on Oct 25: AAPL, CLWR, DDD, ED, SIRI, PG

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

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

Posted on October 6, 2012 by cl117692
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