Tag Archives: wall street

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

Posted on November 28, 2012 by cl117692

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

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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.
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Stocks to watch on Nov 28: GMCR, GRPN, APP

Posted on November 28, 2012 by cl117692

Stocks to watch on Nov 28: GMCR, GRPN, APP

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American Apparel, Inc (AMEX: APP) reached $1.00 mark today and closed at $0.99, crossing 200 day moving average from below. Bullish MACD Crossover. On balance volume is upticking again. There is no sign of overbought on RSI and Slow STO. Comparing with the previous level of OBV, I have a ST target of $1.2 for APP. I suggest an entry order above $1.05 to allow some breadth for trend confirmation, along with a stop around $0.95 (lower body of today candlestick, i.e. today’s open)

Green Mountain Coffee, Inc (NASDAQ: GMCR) is forming a bull flag. OMV reached a new high level. From previous OBV as well as extending height of the flag’s pole gives a target of $33. Buy at breakout with a stop at $28.

Groupon, Inc (NASDAQ: GRPN) is a possible bottom play. Gap was filled last Thursday with huge volume. CMF is trying to get back to neutral level. If the stocks moves above $4.00 significantly tomorrow, I have a ST target of $4.35, where there should be some resistance from 50day moving average. The next target after GRPN crossing 50 day moving average would be $4.75 where last time CMF crossed 0 level. I long this stock at $3.9.

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