Tag Archives: ideas

Stocks to Watch on 12/13: EDU, PCYC, GOOG + My Successful Picks

I would like to take a chance to price myself on successfully picking some of the most profitable trades to include in my blog so far this month.

Exclusion: Stocks which I gave unclear, neutral comments with uncertainty remains
Example1: Break above over $10.00 would trigger short squeeze
Example2: Huge run today. But watch out for overbought level on RSI.)
Example3: Pullback to 50day moving average is a great entry (meaning buying now may be too pricey/risky)
Another Success Story: NFLX, but I am no longer bullish on this stock.

Date Symbol Px when Mentioned Position Last price Gain %
12/11 BP 40.99 Short 41.62 -1.51%
12/11 ARNA 9.12 Long 8.97 -1.64%
12/11 INTC 21 Long 20.67 -1.57%
12/11 HPQ 14.16 Long 14.53 2.61%
12/11 SKYW 11.75 Long 11.9 1.28%
12/10 POL 20.74 Long 20.17 -2.75%
12/9 WFC 33.23 Long 33.5 0.81%
12/9 M 39.41 Long 38.86 -1.40%
12/7 WMT 71.59 Short 68.94 3.84%
12/7 XOM 88 Short 89.45 -1.62%
12/7 NOK 3.75 Long 3.83 2.13%
12/7 MRVL 8.87 Long 8.48 -4.40%
12/6 EDU 16.41 Long 19.24 17.25%
12/5 FSLR 29.61 Long 32 8.07%
12/5 AAPL 600 Short 539 11.32%
12/3 FB 27.04 Long 27.58 2.00%
12/3 CFNL 15.46 Long 15.78 2.07%
12/3 JEF 17.39 Long 18.35 5.52%
12/3 PCYC 55.93 Long 62.3 11.39%
12/3 MET 33.7 Long 33.61 -0.27%
12/2 AMD 2.2 Long 2.37 7.73%
12/2 IDCC 43.09 Long 44.46 3.18%
12/2 BAC 9.85 Long 10.61 7.72%
12/1 SSYS 75.97 Long 71.72 -5.59%
11/29 TIVO 11.54 Long 12.48 8.15%
11/21 DDD 43.93 Long 46.84 6.62%
11/21 TLAB 2.78 Long 3.32 19.42%
Probi 66.7%

You may use the search tab on the top left hand corner or click the ticket symbol to see my posts.

Already! 

 NYSE: EDU. I have mentioned it on Dec 06 on its behavior on Bbands. It seems to me that the stock do not stay too long around the lower Bband. Every time EDU touches it, there is a huge appreciation quickly and prices stays around upper band for a while. EDU touches lower band last week and again shows upward moves. MACD histogram is about to cross above 0. My target for EDU is $21.00, which is roughly 10% potential upside.

Pharmacyclics, Inc. (NASDAQ: PCYC) as most technicians says “always buy on a breakout”, I would like to add – pullback is always good entry. Now PCYC is testing its support level at $62.00. MACD crossover + upward sloping MA(50) tells me to stay bullish on this stock.

Google, Inc. (NASDAQ: GOOG) Isn’t it a very decent head and shoulder? Entry at $706. Stop at $682.

If you like my analysis, Please subscribe my free E-mail newsletter which delivers every day around 2 hours before opening.

via Blogger http://gary-investing.blogspot.com/2012/12/stocks-to-watch-on-1213.html

Posted in AAPL, blog, bonds, equity, exchange, finance, ideas, Investing, Investment, news, stock exchange, stocks, technology, technology analysis, top stories, trading, wall street, writers | Tagged , , , , , , , , , , , , , , , , , | Comments Off on Stocks to Watch on 12/13: EDU, PCYC, GOOG + My Successful Picks

Stocks to Watch on 12/12: ARNA, RIMM, CAH, CLWR, INTC

 Arena Pharmaceuticals (NASDAQ: ARNA) , the second best performing stock in Russell, is forming an asymmetric triangle on chart,which is, with high statistically probability, a continuation pattern. ARNA is now trading around its (upper) neckline. Both RSI and Slow STO is making higher lows, confirming the trend. I am bullish on ARNA and have a target of $12.50 after a break above.

Research in Motion Ltd. (NASDAQ: RIMM) breaks its ascending triangle today. However, MACD histogram is showing a negative divergence and Slow STO & RSI is at over bought level. Be careful when you trade RIMM, alright?

Cardinal Health, Inc. (NYSE: CAH) is trading close to the neckline. Watch for a break above; or a cup and handle pattern formation as RSI is at overbought level.

Clearwire Corp. (NASDAQ: CLWR) After I mentioned last Monday on the breakout of ascending triangle, giving a bullish signal on CLWR, it has made another huge move today with great volume. CLWR jumped 11.67% closing $2.68. Slow STO is making higher lows. MACD is positive. Healthy chart right there. My target stays the same – $3.00 until breaking above $3.00 psychological mark.

Intel Corp. (NASDAQ: INTC) has recovered much since $19.23 low and is now trading right below its downtrend. Watch for a break above which could send this stock to $21.50 quickly. However, Slow STO is at overbought level. Therefore, I am remain bearish on this stock until a significant break above.

Today’s Notable Tweets:
$EXPD continues moving higher after breaking its bullish pennant yesterday.
$PCYC testing its next huge resistance $63.00. A break above could send this stock to $65.00
$AAPL MACD crossover, could there be a reversal to uptrend?
$YOKU squeezing, but the outlook is still bearish to me

Follow me on Twitter and StockTwits: @GaryLee_HK

via Blogger http://gary-investing.blogspot.com/2012/12/stocks-to-watch-on-1212-arna-rimm-cah.html

Posted in AAPL, blog, bonds, equity, exchange, finance, ideas, Investing, Investment, news, stock exchange, stocks, technology, technology analysis, top stories, trading, wall street, writers | Tagged , , , , , , , , , , , , , , , , , | Comments Off on Stocks to Watch on 12/12: ARNA, RIMM, CAH, CLWR, INTC

STOCKS TO WATCH ON 12/11/2012: BP, HPQ, POL, PWR, SLYW

Stocks to Watch on 12/11/2012: BP, HPQ, POL, PWR, SLYW

Labels: 

 BP Amoco PLC (NYSE: BP) failed to break above 50day and 200 day moving averages. Now, both moving averages trending downwards, with falling Slow STO, RSI. I think BP is a good short candidate. I can’t see any technical that it is going to reverse its downtrend in the short future.

Hewlett-Packard Co. (NYSE: HPQ) gains a lot of attention the recent weeks due to its quick recovering from the $11.00 bottom. Today’s high, $14.59, is about to touch the big resistance level at $14.71. HPQ is now closing above its 50 day moving average with high MACD reading. If $14.71 is significantly crossed with decent volume, HPQ should recover back to $16.00 in no time. However, Slow STO is persistently showing overbought level, there might be some correction or horizontal move until a breakout comes and high slow STO reading eases.

 Polyone Corp. (NYSE: POL) has broken its ascending triangle pattern today with higher-than-normal volume. MACD crossed above with high lowers in Slow STO. However, POL tends to have correction at least back to the level around 50-day moving average. So, my strategy is be patient and entry when it is trading around $19.00.

Quanta Service, Inc. (NYSE: PWR) breaks above previous high and closes at $26.92 with great volume. MACD histogram crossed above zero last week. Similar to POL, a pullback to around 50-day moving average is a good entry point.

SkyWest, Inc. (NASDAQ: SKYW) is constructing a huge ascending triangle on chart with decreasing volume along the formation of the pattern (a textbook ascending triangle feature). Look for a break above, which could easily send to stock to $13.00.
 
Some worth-noticing tweets on my Twitter today:
 
CMF on $TLAB is about to cross above. Bullish. + Seems like an ascending triangle is forming.

  1. Today Candlestick of $ANF looks like a Doji, not a good sign. Will take a look again right before close.
  2. Reversal (toward downside) on $AAPL Point & Figure Chart. Bearish.pic.twitter.com/erfDw5gN
  3. $GMCR finds great support at around $38.00. bullish.
  4. $IDCC flying after crossing $44.00
  5. $AFCE (Popeye’s ) trading around its lower bband. watch for reversal pattern
  6. $NOK has shown very decent price action Since Nov, as long as it trades above $3.40, I think it has huge upside potential.

Twitter: GaryLee_HK
Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , | Comments Off on STOCKS TO WATCH ON 12/11/2012: BP, HPQ, POL, PWR, SLYW

Stocks to Watch on 12/11/2012: BP, HPQ, POL, PWR, SLYW

 BP Amoco PLC (NYSE: BP) failed to break above 50day and 200 day moving averages. Now, both moving averages trending downwards, with falling Slow STO, RSI. I think BP is a good short candidate. I can’t see any technical that it is going to reverse its downtrend in the short future.

Hewlett-Packard Co. (NYSE: HPQ) gains a lot of attention the recent weeks due to its quick recovering from the $11.00 bottom. Today’s high, $14.59, is about to touch the big resistance level at $14.71. HPQ is now closing above its 50 day moving average with high MACD reading. If $14.71 is significantly crossed with decent volume, HPQ should recover back to $16.00 in no time. However, Slow STO is persistently showing overbought level, there might be some correction or horizontal move until a breakout comes and high slow STO reading eases.

 Polyone Corp. (NYSE: POL) has broken its ascending triangle pattern today with higher-than-normal volume. MACD crossed above with high lowers in Slow STO. However, POL tends to have correction at least back to the level around 50-day moving average. So, my strategy is be patient and entry when it is trading around $19.00.

Quanta Service, Inc. (NYSE: PWR) breaks above previous high and closes at $26.92 with great volume. MACD histogram crossed above zero last week. Similar to POL, a pullback to around 50-day moving average is a good entry point.

SkyWest, Inc. (NASDAQ: SKYW) is constructing a huge ascending triangle on chart with decreasing volume along the formation of the pattern (a textbook ascending triangle feature). Look for a break above, which could easily send to stock to $13.00.
Some worth-noticing tweets on my Twitter today:

  1. CMF on $TLAB is about to cross above. Bullish. + Seems like an ascending triangle is forming.
  1. Today Candlestick of $ANF looks like a Doji, not a good sign. Will take a look again right before close.
  1. Reversal (toward downside) on $AAPL Point & Figure Chart. Bearish.pic.twitter.com/erfDw5gN
  1. $GMCR finds great support at around $38.00. bullish.
  1. $IDCC flying after crossing $44.00
  1. $AFCE (Popeye’s ) trading around its lower bband. watch for reversal 
  1. $NOK has shown very decent price action Since Nov, as long as it trades above $3.40, I think it has huge upside potential.

Twitter: 

via Blogger http://gary-investing.blogspot.com/2012/12/stocks-to-watch-on-12112012-bp-hpq-pol.html

Posted in AAPL, blog, bonds, equity, exchange, finance, ideas, Investing, Investment, news, stock exchange, stocks, technology, technology analysis, top stories, trading, wall street, writers | Tagged , , , , , , , , , , , , , , , , , | Comments Off on Stocks to Watch on 12/11/2012: BP, HPQ, POL, PWR, SLYW

Stocks to Watch on 12/10: M. QQQ, SPY, WFC

 Macy’s Inc. (NYSE: M) has experienced some strong action in the previous trading week. OBV is upticking quickly yet the prices seem not following accordingly, not enough for the least. Friday’s close was back above its mid-term uptrend (since Aug). Some acceleration on MA(50) & MA(200). I think the uptrend still enacts and I have a short term target of $42.00 on Macy’s.

 

NASDAQ QQQ: moved lower this week amid weakness and concerns on Apple (NASDAQ: AAPL) – the largest and most influential component of NASDAQ index. The index is now trading below its 50-day MA, as well as 200 day’s. Death cross is about to hit QQQ, signalING a shift to a bear market. For those who are bullish, watch for a breakout above both MAs with huge volume. For those who are bearish, watch for a breakdown below the key support level around $64.30. If it breaks below, I have a ST target of $62.00.

 

 S&P 500 ETF (NYSE: SPY) moved slightly higher than last week. Friday’s close was briefly above 50-day MA. OBV is back to the level where we experienced high index level (Index: 1460-1470 or $146-$147). Next support: $137.97. Next resistance: $147. As we are in the middle between next support and next resistance, the coming trading week is very important to the market outlook. Bulls: watch for prices sustaining above 50day MA or a break above $143. Bears: watch for break below 50day MA with high volume.

 

Wells Fargo & Co. (NYSE: WFC) roughly breaks its ascending triangle (this time, I connected closing prices instead of high and lows) with relatively low volume. Bbands are widening and pointing up. I think breaking above last major support $33.35 could trigger even more upwards action.

 

Twitter: GaryLee_HK

Posted in Uncategorized | Tagged , , , , , , , , , , | Comments Off on Stocks to Watch on 12/10: M. QQQ, SPY, WFC

STOCKS TO WATCH ON DEC 05: FSLR, NFLX, P, DDD, AAPL

Labels: 

First Solar, Inc (NASDAQ: FSLR) does not only break above its ascending triangle pattern, finding great supports from 50 day moving average. it has also make a new 52w new high today with decent volume.

 Netflix (NASDAQ: NFLX) I commented about a possible short squeeze on twitter yesterday but I did not expect such a huge run like NFLX did today. I was expecting the squeeze ends around $85.00. I guess the market sentiment on NFLX is really bullish, at least for now. From the chart it shows me today, recovering MACD & MA(50) coming close to MA(200), I think the stock definitely has the potential to hit $100 in a short while. Unless tomorrow actions is bearish and closes below $85 significantly, then it might signal volatility in this stock and market uncertainty on NFLX.

Pandora Media, Inc. (NYSE: P) is a possible bottom play. This could be a inverted head and shoulder forming.

3D Systems Corp. (NYSE: DDD) again follows the channel and shows some bullish action today. I look forward to this stock hitting above $50 in the coming 2 weeks.

Apple, Inc. (NASDAQ: AAPL) shows a bearish signal on chart as it breaks below the ascending triangle, despite a bullish breakout of a triangle happened last week. I think AAPL would drop appx. another 1.5% tomorrow.

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , | Comments Off on STOCKS TO WATCH ON DEC 05: FSLR, NFLX, P, DDD, AAPL

Stocks to Watch on Dec 03: AMD, BAC, CLWR, IDCC, TLAB

Stocks to Watch on Dec 03: AMD, BAC, CLWR, IDCC, TLAB

Labels: , , , ,

Advanced Micro Devices, Inc. (NYSE: AMD) slowing the downtrend. Looks good on MACD. Watch for big action as price touches upper Bband with bands widening.

 Bank of America (NYSE: BAC) moves follows the channel well. BAC also outperforms other banks’ stocks, such as JPM, C, etc. CMF is recovering. It finds some great support from 50 day moving average. OMV is moving up quickly with very little price appreciation. BAC is on my radar.

Clearwire Corp (NASDAQ: CLWR) broke its ascending triangle on Friday. ATR is upticking, Bband is widening with price closing above its upper band. Bullish Slow STO signal. I look forward to more price appreciation throughout the coming trading week.

 InterDigital, Inc. (NASDAQ: IDCC) is closing around its recent high. Watch for a breakout above $43.09 for entry.

 

Tellabs, Inc. (NASDAQ: TLAB) I got some luck on this stock. I posted my bullish view on this stock on my Wednesday Nov 28’s post, but I did not expect a huge price appreciation that huge and quick. CEO is trying to boost its stock price by paying a $1 special dividend. According bird-in-hand theory, this stock should rise $1 above its price before the price on dividend declaration date, which would be around $3.80 (adding from previous day’s close) I still long this stock.

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , | Comments Off on Stocks to Watch on Dec 03: AMD, BAC, CLWR, IDCC, TLAB

Stocks to Watch on Nov 30: APP, APPL, GDOT, NFLX, TIVO

Stocks to Watch on Nov 30: APP, APPL, GDOT, NFLX, TIVO

Labels: , , , ,

 American Apparel, Inc (AMEX: APP) formed a shooting star today, which could be bearish. But, since MACD is just crossed and CMF is recovering. I think the 200 day moving average should give a decent support. APP is on my radar.

 Green Dot Corp (NYSE: GDOT) has filled the previous gap, not far away from $13.59 high. Crossing $13.59 would send the stock on fire. Mind for high RSI reading thou.

 Netflix, Inc (NASDAQ: NFLX) broke the ascending triangle from below and CMF crossed below, which are bearish signals. I have already sold my shares.

TiVo, Inc (NASDAQ: TIVO) Its first time not to drop after earning reports since 2012 Q1. Nice jump today with huge volume. Bbands is widening with accelerating CMF reading. Long setup. Congras for those who follows my twits.

 

Apple, Inc (NASDAQ: APPL) today has opened, as well as closed above the little pennant formed, a sign for trend continuation. My short term target of $620 still holds. However, mind for a 50 moving average cross down.

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , | Comments Off on Stocks to Watch on Nov 30: APP, APPL, GDOT, NFLX, TIVO

Stocks to Watch on Nov 29: DDD, GRPN, TLAB, APP, TIVO

Stocks to Watch on Nov 29: DDD, GRPN, TLAB, APP, TIVO

Labels: , , , ,
 

American Apparel, Inc. (AMEX: APP) have closed above $1 benchmark at $1.02. However, today’s candlestick is a harami. I expect a pullback to $1.00 before any further action; therefore, $1.00 could be a great entry level.

3D System Corp. (NYSE: DDD) jumped 6.90% made a new 52w high with decent volume, breaking above the channel I have drawn yesterday. Trend is accelerating as mentioned. A touch of upper Bband after a consolidation signals an uptrend continues. I still long DDD. I have moved my stop up to $45.00.

Groupon, Inc (NASDAQ: GRPN) My outlook stays the same for this stock, as a bottom play candidate. Please refers to my yesterday’s post for more. My next ST target is $5.00 (just a round number before previous high $5.50)

TiVo. Inc (NASDAQ: TIVO) has made a new high today, reporting Q3 results with surprise. Again, as in DDD, after a narrow Bbands, a touch of the upper band signals an uptrend. However, TIVO declines by 5% after hours, so definitely, put it on your radar to see how TIVO performs tomorrow.

Tellabs, Inc (NASDAQ: TLAB) As I mentioned on Nov 20, I long TLAB based on the following
“(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”.
Now, the stock is closing close at $2.98, roughly breaking the downtrend. If $3.00 psychological point is crossed, my next ST target will be $3.11. Congratulations for those who follows me and traded TLAB.
Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , | Comments Off on Stocks to Watch on Nov 29: DDD, GRPN, TLAB, APP, TIVO