Seeking Alpha

Gary Johnson L's  Instablog

Gary Johnson L
Send Message
My Blog: Twitter & StockTwits: GaryLee_HK
My blog:
Gary Investing Blog
  • 04/29: DDD, AAPL, GOOG 0 comments
    Apr 30, 2013 1:22 AM | about stocks: DDD, GOOG
    04/29: DDD, AAPL, GOOG

    Labels: AAPL, DDD, GOOG

    (click to enlarge)
    Big move today on Apple, Inc, jumping 3.10%. But 50-day moving average has been a very strong resistance on AAPL since last October when the stock turns around from its peak $700 level. I remain bearish on AAPL until it closes above $450.

    (click to enlarge)
    Finally some definitive signs of trend reversal on the recent downtrend on DDD. It has found support from 200SMA and crossed above 50SMA with a little pullback. Today it runs up 3.47% closing at $35.77. I think DDD can reach $40.00 in two weeks. Bullish MACD Crossover took place last week.

    (click to enlarge)
    Google, Inc. (NASDAQ: GOOG) Once I gave a sell signal on GOOG on Twitter because it significantly crosses below the 50SMA, but I would like to give a buy signal as GOOG turns out to get back above 50SMA with a pullback testing it validity. Bullish MACD Crossover.

    Disclosure: I am short AAPL.

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


  • 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.