` Gary Investing Blog: Stocks to Watch on Nov 27: AAPL, DDD, SSYS


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Monday, November 26, 2012

Stocks to Watch on Nov 27: AAPL, DDD, SSYS

I have mentioned SSYS and AAPL on yesterday's post and DDD on Nov20's. All of my predictions on them are pretty accurate and nicely done. So, Standing O for ME!!

 Apple Inc. (NASDAQ: APPL) As I mentioned yesterday, I will turn bullish on Apple again if it breaks the flag pattern from above. By that, I would have a ST target to $600. It did break the pattern first thing in the morning today and reached $589.58 by its closing. Pretty close. My prediction used the distance between the flag divergent point and the body of the candlestick at trough. A more aggressive target would use distance to the lowest shadow and extend the same distance from the top of the breakout. Therefore, my next ST target is $620,

 3D System Corp (NYSE: DDD) I signaled my followers a possible trough on DDD in my Nov 20's post, as well as on twitter. DDD did a huge run today, jumping 11.52%. I think adding shares or jumping on the boat atm might not be a good idea because the price is getting close to the upper channel and about to reach overbought level. Currently, I do not have a price target for this stock but does think the uptrend is accelerating.

Stratasys, Inc (NASDAQ: SSYS) I mentioned yesterday that there is a bullish breakout and have a target of $73. However, I did not expect to have another breakout such quick. Today, the stock has also made a 52w new high. Very bullish.

That's all for today. Gotta study CFA now.

1 comment:

  1. Apple has been the most hyped stock in years. The stock has lost some of its luster recently.