Seeking Alpha

Gary Johnson L's  Instablog

Gary Johnson L
Send Message
My Blog: http://gary-investing.blogspot.com/ Twitter & StockTwits: GaryLee_HK
My blog:
Gary Investing Blog
  • 1/27: FB, BAC, CAT, JPM, F 0 comments
    Jan 28, 2013 7:01 AM | about stocks: FB, BAC, CAT, JPM, F
    1/27: FB, BAC, CAT, JPM, F

    Labels: BAC, CAT, F, FB, JPM

    (click to enlarge)
    Bank of America Corp. (NYSE: BAC) has gained from $11.02 to $11.62 after the price touches the lower Bollinger Band. MACD histogram is recovering. I think BAC would quickly gets to $12.0 and if it breaks above $12.19, we would see a huge buying power.

    (click to enlarge)
    Caterpillar, Inc. (NYSE CAT) has pulled back to as low as $94.66) on Friday. Bearish MACD crossover. I believe there would be a great support from the centerline of Bbands, $94.32 or $93.00 where the gap ends. This outlook makes CAT a good long candidate will low risk-to-reward ratio. If support is found and uptrend still intact. CAT can get to $100.00 soon.

    (click to enlarge)
    Ford Motor Co. (NYSE: F) has pulled back to around MA(20). Bollinger bands are narrowing. If support is found on MA(20) or when RSI hits 50 level, I expect an uptrend with the same slope and length as the one we saw in mid-Dec to mid-Jan. After all, Ford Motor is falling with little volume which is a bullish sign.

    (click to enlarge)
    Facebook, Inc. (NASDAQ: FB) has been following the MA(50) pretty nicely since it has turned around from bottoming. Bullish MACD crossover last Friday. Prices are closing within upper area of Bollinger bands most of the time. I remain bullish on Facebook.

    (click to enlarge)
    J.P. Morgan Chase & Co. (NYSE: JPM) makes a new high on Friday, closing at $47.16) Prices have always been closing in the upper-half area of Bollinger bands. Bullish MACD would be coming anytime which would bring another wave of appreciation.

    Please Follow me on Twitter.

    Thank you for visiting

    Gary Investing Blog

    Disclosure: I am long FB.

    Themes: Technical Analysis, Bullish Stocks: FB, BAC, CAT, JPM, F
Back To Gary Johnson L's Instablog HomePage »

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.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

  • How far do you think $HPQ can go?
    Mar 20, 2013
  • Is there anyone looking at $GNIN $APP recently?
    Mar 6, 2013
  • Who didn't $ZNGA jump after New Jersey passing online gambling bill?
    Feb 27, 2013
More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.