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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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  • 5 Stocks I Am Watching This Week 0 comments
    Mar 11, 2013 11:03 PM | about stocks: AGNC, DDD, AAPL
    5 Stocks I am watching this week

    Labels: AAPL, AGNC, BBRY, DDD, ZNGA

    (click to enlarge)
    3D System Corp (NYSE: DDD) still looks very weak after dropping from $47.99 to $30. A bear flag is under formation. Watch out for a break below. On balance volume implies DDD should be trading around $25.00.

    (click to enlarge)
    Zynga, Inc. (NASDAQ: ZNGA) has finally broken above $3.75, approaching $4.00 with huge volume today. I think a close above $4.00 will trigger a massive short squeeze. I have been suggesting my followers to go long ZNGA since it closes above 200 day moving average. The outlook of ZNGA still looks very bullish after today's run. Speculation on the future of online gambling and possible acquisition by Yahoo.

    (click to enlarge)
    Apple, Inc. (NASDAQ: AAPL) Bullish MACD Crossover might bring some appreciation on this stock. My long term outlook for Apple is still very bearish, however, I think there is some room for AAPL to bounce back to $470 level.

    (click to enlarge)
    Despite Blackberry (NASDAQ: BBRY) jumped 14.09% today, it is still closing below a short term down trend. I will prefer waiting for more confirmation, say a close above $16.00 to go long BBRY. P.S. Bullish MACD crossover and breakout on volume.

    (click to enlarge)
    American Capital Agency Corp (NASDAQ: AGNC) has filled the gap formed after the company announced an issuance of stocks. Bullilsh MACD Crossover and OBV is picking up. A close above $33.00 could be a very bullish sign for AGNC.

    Thank you for visiting

    Gary Investing Blog

    Twitter: GaryLee_HK

    Disclosure: I am long ZNGA.

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