Category Archives: SSYS

Stocks to Watch on Nov 27: AAPL, DDD, SSYS

Posted on November 27, 2012 by cl117692

I have mentioned SSYS and AAPL on yesterday’s post and DDD on Nov20’s. All of my predictions on them are pretty accurate and nicely done. So, Standing O for ME!!

 Apple Inc. (NASDAQ: APPL) As I mentioned yesterday, I will turn bullish on Apple again if it breaks the flag pattern from above. By that, I would have a ST target to $600. It did break the pattern first thing in the morning today and reached $589.58 by its closing. Pretty close. My prediction used the distance between the flag divergent point and the body of the candlestick at trough. A more aggressive target would use distance to the lowest shadow and extend the same distance from the top of the breakout. Therefore, my next ST target is $620,

 3D System Corp (NYSE: DDD) I signaled my followers a possible trough on DDD in my Nov 20’s post, as well as on twitter. DDD did a huge run today, jumping 11.52%. I think adding shares or jumping on the boat atm might not be a good idea because the price is getting close to the upper channel and about to reach overbought level. Currently, I do not have a price target for this stock but does think the uptrend is accelerating.

Stratasys, Inc (NASDAQ: SSYS) I mentioned yesterday that there is a bullish breakout and have a target of $73. However, I did not expect to have another breakout such quick. Today, the stock has also made a 52w new high. Very bullish.

That’s all for today. Gotta study CFA now.

Posted in AAPL, DDD, SSYS | Comments Off on Stocks to Watch on Nov 27: AAPL, DDD, SSYS

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

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