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Gary Johnson L
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  • 5 Stocks I'm Watching This Week 0 comments
    Mar 18, 2013 2:49 AM | about stocks: APP, BAC, GLUU, GRPN, SNE
    5 Stocks I'm Watching this week

    Labels: APP, BAC, GLUU, GRPN, SNE

    (click to enlarge)
    Bank of America Corp (NYSE: BAC) made a new high last Friday with huge volume.

    (click to enlarge)
    Groupon, Inc. (NASDAQ: GRPN) has jumped 6.10%, despite the insignificance on chart, there is a breakabove on volume. I think GRPN might hit $6.12 again.

    (click to enlarge)
    American Apparel, Inc. (AMEX: APP) not only found support from the breakout level but also broke above a flag pattern. APP has also been treading with increasing volume for the past several days. I would give a target of $2.8 if APP breaks above $2.08.

    (click to enlarge)
    Sony Corp. (NYSE: SNE) has made a new high after company reporting strong financials. There are more cost-cutting and outsourcing plan ongoing with SONY, SNE could be a good investment for 2013.

    (click to enlarge)
    GLUU (NASDAQ: GLUU) jumps from $2.4 to $3.34 after the company announces its first online real-money gambling platform. Trade with caution as any bad news can make the bubble burst. The company has not yet built strong fundamentals.

    Thank you for visiting,

    Gary Investing Blog

    Stocks: APP, BAC, GLUU, GRPN, SNE
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