` Gary Investing Blog: Stocks to watch on Nov 14, 2012: SIRI, DDD, NFLX, TIVO


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Tuesday, November 13, 2012

Stocks to watch on Nov 14, 2012: SIRI, DDD, NFLX, TIVO

 Netflix, Inc (NASDAQ: NFLX) has filed the gap and showing a ascending triangle, which is by definition a continuation (bullish) pattern. A closing above $81.00 is significant because it will be above 200 day MA too. The volume follows the criteria for ascending triangle. Watch for breakout guys. Use entry order with a stop around at least $75.00 level or closer.

TiVo, Inc. (NASDAQ: TIVO) is still showing support from 50day MA. I will consider adding shares on it, depends on NFLX, whichever comes first. 

 3D Systems Corp (NYSE: DDD) just find something bearish on my recent favorite stock. AD line is showing a negative divergence with the recent uptrend. Massive sell out in the recent two trading days with huge volume. MACD history is about to cross to negative level. However, some firms upgrades its rating. Given the high RSI reading, I think the stock will continues to drop in the coming days, and might be hitting the lower BB until a reversal or retracement.

Sirius XM Radio Inc (NASDAQ: SIRI) is showing a bullish sign. Support found on $2.66 level which is previously a high, confirming the uptrend still enacts, after hitting lower BB and 50 Day moving average (Bullish!) Volume today is large although the movement is little (0.36%). MACD histogram is reversing. Comparably high AD level amid lower prices. I think the stock will reach $2.9 level in less than 2 weeks. I am planning to add shares tomorrow.