Category Archives: Uncategorized

 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 was using 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 add shares or jumping on the boat 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.

 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