` Gary Investing Blog: 5 Stocks I'm Watching this week


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Monday, March 18, 2013

5 Stocks I'm Watching this week

 Bank of America Corp (NYSE: BAC) made a new high last Friday with huge volume.

 Groupon, Inc. (NASDAQ: GRPN) has jumped 6.10%, despite the insignificance on chart, there is a breakabove on volume. I think GRPN might hit $6.12 again.

American Apparel, Inc. (AMEX: APP) not only found support from the breakout level but also broke above a flag pattern. APP has also been treading with increasing volume for the past several days. I would give a target of $2.8 if APP breaks above $2.08.

 Sony Corp. (NYSE: SNE) has made a new high after company reporting strong financials. There are more cost-cutting and outsourcing plan ongoing with SONY, SNE could be a good investment for 2013.

GLUU (NASDAQ: GLUU) jumps from $2.4 to $3.34 after the company announces its first online real-money gambling platform. Trade with caution as any bad news can make the bubble burst. The company has not yet built strong fundamentals.

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Gary Investing Blog

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