` Gary Investing Blog: Oct 26, IDCC, RIMM. AFCE, PCAR, SSYS


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Friday, October 26, 2012


InterDigit, Inc (NASDAQ: IDCC) finally make some move. I know I told you I sold my shares on twitter. But I might have mislooked the mid-term uptrend. With today's run, seems the uptrend is still intact. Personally, I might not buy until I see more moves. I don't want to get too emotional on this stock.

Research in Motion Ltd (NASDAQ: RIMM) For those who are still holding their shares. Mind for 50day moving average cross over. The picture here ain't looking good at all, especially the A/D line.

AFC Enterprise, Inc. (NASDAQ: AFCE) holds a commonly known franchise, Popeye's. After today drop by 4% the stock is closing around 50 day moving average. In light of the action on IDCC today. I think AFCE might be a candidate to have a similar move (a run off after a huge drop)

PACCAR, Inc (NASDAQ: PCAR) had a positive move today and yesterday with huge volume. A/D, MACD< CMF are all ticking up. MACD just crossed over. Today's high ($43.5) is also higher than last high ($43.38). Watch out for more action.

Stratasys, Inc (NASDAQ: SSYS) crossed back to a level above 50 day moving average. Decent volume with A/D ticking up significantly, showing a bullish divergence. SSYS is also one the companies manufacturing 3D-printers and related technology like DDD.

J. P. Morgan Chase & Co. (NYSE: JPM) has shown red 4 out of 5 trading days this week. A/D does not should much move. So, might be a negative divergence there. JPM is now trading close to 50day moving average ($40.00) which happens to be an exact number. I look forward to seeing some strong support of $40.00 level and a move higher. Since the stock has been making HH HLs.

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1 comment:

  1. Folks. Gary's address has been affected by Hurricane Irene and now is out of electricity and internet. Wish him all is well. He promises he will resume providing trading ideas as his earliest convenience. Thank you for your support!