(click to enlarge) After Nokia jumped, Research in Motion Ltd. (NASDAQ: RIMM) have again found support from MA(50) and jumped 13.76% last Friday with huge volume. MACD is about to crossover. MA(200) is showing a saucer bottom. Long Candidate for sure. Stop below MA(50).
(click to enlarge) Green Mountain Coffee, Inc. (NASDAQ: GMCR) broke below its minor uptrend last week but pulled back to the trendline last Friday. If it finds resistance from $42.00 and fails to break above, it signals a downtrend or correction begins. If so, next support is MA(50).
(click to enlarge) I have been mentioning American Apparel, Inc. (AMEX: APP) since last October on its bottoming when it is trading well below $1.00. Now, I see a inverted head and shoulder pattern formed and recent high at $1.230. MA(200) and MA(50) are both slowly trending upwards.
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3 Stocks To Watch: APP, RIMM, GMCR 0 comments
Labels: APP, GMCR, RIMM
(click to enlarge)
After Nokia jumped, Research in Motion Ltd. (NASDAQ: RIMM) have again found support from MA(50) and jumped 13.76% last Friday with huge volume. MACD is about to crossover. MA(200) is showing a saucer bottom. Long Candidate for sure. Stop below MA(50).
(click to enlarge)
Green Mountain Coffee, Inc. (NASDAQ: GMCR) broke below its minor uptrend last week but pulled back to the trendline last Friday. If it finds resistance from $42.00 and fails to break above, it signals a downtrend or correction begins. If so, next support is MA(50).
(click to enlarge)
I have been mentioning American Apparel, Inc. (AMEX: APP) since last October on its bottoming when it is trading well below $1.00. Now, I see a inverted head and shoulder pattern formed and recent high at $1.230. MA(200) and MA(50) are both slowly trending upwards.
Thank you for visiting Gary Investing Blog
My Twitter: GaryLee_HK
Disclosure: I am long APP.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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