Again AAMRQ, FORM, TSLA

Three stocks that are running up like a beast.

AMR Corp. (OTC: AAMRQ) I have been mentioning American Airline for weeks already. This stock has been running up with no stop like a beast. The volume is among average and MACD is rising quickly. I see no sign of reversal so far despite the skyrocketing RSI index. Today, AAMRQ has jumped another 7%, giving me 30% since I initiate a long position on 9th March.

FormFactor Inc. (NASDAQ: FORM) broke above a strong  resistance level, $5.25 with a huge volume. Depends on the move next week, a pullback to $5.25 level should not be surprising, but this breakout signals a strong uptrend continuation.

Telsa Motors, Inc. (NASADAQ: TSLA) has broken above a flag formation with a decent volume. Extending the height of the flag, I target a $110 stock price within a month.

5/15: AAPL, DDD, SPWR, SIRI, GTAT

Apple had a bad day yesterday, dropping 3.38%, as hedge funds are dumping their positions. AAPL traded as low as $422.36, crossing below 50SMA again. The outlook is again bearish with a bearish MACD crossover around the corner. I shorted AAPL yesterday before close. I target $382 in a month. Stop just above $463.

Today's red candlestick on DDD confirms the doji  formed on Tuesday, same day when DDD crosses above $50.00 mark and reach as high as $51.94. Although it drops with light volume, I think further depreciation, possibly to $45.0 level, will trigger a massive sell off and profit-taking. I would suggest considering liquidating partial shares. I have no position on DDD as I have sold all of my position by Tuesday 's close.

GTAT has made a golden cross, crossing above 200SMA. GTAT has been making higher highs and higher lows since March. Despite the high reading in RSI, I believe a pop will be around the corner if GTAT stays above 200SMA for several more days.

Sirius XM Radio, Inc (NASDAQ: SIRI) has made a big move yesterday, after it breaks above a flag formation. Uptrend continues and I target $4.00 in a month. If you have longed since $3.00, I suggest a tight stop order or a trailing stop of 5% as SIRI pulling back to 50SMA level should not be a surprising phenomenon.

Solar Industry is heating up again. SPWR has jumped 8.51% and doubled in less than a month. Volume is increasing along with the move. However, today's candlestick looks like a Doji, so trade with caution. Huge volume with a doji might be a short term top pattern. I have no position in SPWR.

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