3D Systems Corp. (NYSE: DDD) rises 3% more in after-hours, closing at $64.46. Told you uptrend would be coming back very soon. I have also mentioned its validity of support from MA(50) for several time on Twitter. It is still a good level to initiate or add positions on $DDD.
BlackBerry (NASDAQ: BBRY) rises from $12.15 to $16.02 in three days after the stock touching MA(50). MACD is recovering very quickly. RSI is still at reasonable level. No negative divergence on MACD/RSI/Volume. Seems it would be a safe ride up until $18.32 in the coming week(s).
Nokia Corp. (NYSE: NOK) Compared with BlackBerry, Nokia did not bounce back after breaking below MA(50). Bearish MACD Crossover. However, RSI did not fall below 40-level, which means there is not yet a signal for downtrend in RSI. The volume is dropping quickly as we have seen in BBRY's first week of trading, before its explosion. I expect the same to take place on NOK as on BBRY. I am still bullish on NOK until lit breaks below $3.67. I think we just have to be patient.
Silver Wheaton Corporation (NYSE: SLW) is closing around the upper end of the downwards channel. Bullish MACD crossover. Centerline could cross above 0 anytime soon. However, without a significant break above $36.50, I think SLW would trade back down to $32.00 soon.
Zynga, Inc. (NASDAQ: ZNGA) even rises more than 6% in after hours, closing at $2.92, which still has some room until reaching upper end of the channel ($3.10) after Merrill upgrades $ZNGA to buy. Let's get on the boat and trade. Thank you for visiting, Gary Investing Blog