3D Systems Corp. (NYSE: DDD) has found support from $50.00, showing an accelerating uptrend. From the behavior of DDD since October, whenever it breaks a new high, it experiences a significant correction/pull back. It would not be surprising to see DDD pullback to MA(50). But I think the current price is already a good bargain to entry. DDD has a strong uptrend and good prospective for its future. Given the volatility of this stock, I do not recommend using a close stop order. Stop at MA(200) just for "in case".
Facebook, Inc. (NASDAQ: FB) has once again broken its support. Earlier this month, FB has filled the gap but failed to break above $28 support level. Now, it has broken below $27 support, going back to gap's area. CMF is about to cross below zero. I think Facebook is dropping to $24.00 or around MA(50) is no time. Before than, I do not see it as a good chart and great price to go long. Suggestion: wait until the pullback ends.
NVDIA Corp. (NASDAQ: NVDA) broke its downtrend earlier this month but has been experiencing continuous resistance since then. Despite of the bearish MACD crossover, it has found support from $12.00. As long as it closes above $12.00, I am still bullish on NVDIA. But we are close to $12.00, keep an eye on it.
ProShares Ultra VIX Short-term Future ETF (NYSE: UVXY) is showing a shooting star/ gravestone doji on chart at close after I tweeted at UVXY's HOD that it was great time to go short. I got a pretty decent 10% profit in just one day. Since shooting star is a reversal pattern, I think UVXY will tank back to $18.00 level very soon. It makes very much sense since I strongly believe there will be a fiscal cliff deal before New Year.