Category Archives: ZNGA

Stocks to Watch 11/16/2012: AGNC, NFLX, ZNGA

Posted on November 16, 2012 by cl117692

 American Capital Agency Corp. (NASDAQ: AGNC) is showing a bulllish engulfing chart pattern today. However, low volume is signaling a high degree of uncertainty. Slow STO and RSI is at oversold level. The price of AGNC has fallen to almost yielding 20%. Crossing $30.00 is very important, not only because it is a major psychological resistance, but it is also a resistance point under Pivot Table.

 Netflix, Inc (NASDAQ: NFLX) had a nice move before close, breaking the ascending triangle. It is a bullish breakout. I have blogged about a possible breakout in Nov 14’s post.  Today’s closing is also above 200 day moving average. I am looking forward to seeing more action on NFLX next week.

Zygna, Inc. (NASDAQ: ZNGA) jumped 7% closing at $2.29 today, closing above 20day MA. There is also a double bottom signal from BB as 2nd trough did not touch the lower BB. Slow STO and RSI is ticking up. MACD is getting close to 0. The action on tomorrow is very important. If the run continues, we will be sure it is a bottom play. If not, 20day MA is a major resistance.

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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.

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