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Gary Johnson L
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My Blog: http://gary-investing.blogspot.com/ Twitter & StockTwits: GaryLee_HK
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  • 3 Stocks To Watch: APP, RIMM, GMCR 0 comments
    Jan 13, 2013 11:01 PM | about stocks: APP, BBRY, GMCR
    3 Stocks to Watch: APP, RIMM, GMCR

    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.

    Themes: Technical Analysis Stocks: APP, BBRY, GMCR
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