` Gary Investing Blog: 04/29: DDD, AAPL, GOOG


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Tuesday, April 30, 2013

04/29: DDD, AAPL, GOOG

Big move today on Apple, Inc, jumping 3.10%. But 50-day moving average has been a very strong resistance on AAPL since last October when the stock turns around from its peak $700 level. I remain bearish on AAPL until it closes above $450.

Finally some definitive signs of trend reversal on the recent downtrend on DDD. It has found support from 200SMA and crossed above 50SMA with a little pullback. Today it runs up 3.47% closing at $35.77. I think DDD can reach $40.00 in two weeks. Bullish MACD Crossover took place last week.

Google, Inc. (NASDAQ: GOOG) Once I gave a sell signal on GOOG on Twitter because it significantly crosses below the 50SMA, but I would like to give a buy signal as GOOG turns out to get back above 50SMA with a pullback testing it validity. Bullish MACD Crossover.

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