This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Can Apple and Amazon Regain Momentum?

Chipotle (CMG) ($565.21 vs. $532.78 on Dec. 31, up 6.1% YTD) has momentum status setting a new all-time intraday high at $573.16 last Friday. My table shows that the stock is above all five key moving averages with a rising 12x3x3 weekly slow stochastic which implies upside potential to my semiannual risky level at $601.33. Note that the stock has a gain of 78.4% over the last 12 months and has a value level at $556.23 for this week.

Google (GOOG) ($1215.65 vs $1120.71 on Dec. 31, up 8.5% YTD) has momentum status setting a new all-time intraday high at $1228.88 on Feb. 26. My table shows that the stock is above all five key moving averages with an overbought 12x3x3 weekly slow stochastic with upside to this week's risky level at $1250.74. Note that the stock has a gain of 51.7% over the last 12 months and has an annual value level at $1043.3 with a monthly pivot at $1216.0. This monthly pivot could provide a momentum drag in March.

Linkedin (LNKD) ($204.04 vs. $216.83 on Dec. 31, down 5.9% YTD) lost its momentum status in October after setting an all-time intraday high at $257.55 on Sept. 11. So far in 2014 that stock has been trading back and forth around its 200-day SMA and tested its 200-day at $214.68 last week. My table shows that the stock is below its first four key moving averages with a declining 12x3x3 weekly slow stochastic. The company has not been publicly-traded long enough to have a 200-week SMA. Note that the stock has a gain of 21.3% over the last 12 months but is below this week's pivot at $207.62 with a monthly risky level at $261.19. Linkedin needs to have weekly closes above its five-week MMA at $206.64 with rising stochastics to return to momentum status.

Netflix ($445.63 vs. $368.17 on Dec. 31, up 21% YTD) has momentum status setting a new all-time intraday high at $457.79 on Feb. 25. My 'Crunching the Numbers' table shows that the stock is above all five key moving averages with an overbought 12x3x3 weekly slow stochastic. Note that the stock has a gain of 136.9% over the last 12 months and if the stock can close above its weekly pivot at $447.25 the upside is to this month's risky level at $498.83. If the stock cannot get above $447.25 and there's a close below its 21-day SMA at $429.09 the downside risk is to the 50-day SMA at $389.61. Note that these two moving averages will rise during the week.

Priceline.com (PCLN) ($1348.84 vs. $1162.40 on Dec. 31, up 16% YTD) has momentum status setting a new all-time intraday high at $1375.41 on Feb. 26. My table shows that the stock is above all five key moving averages with an overbought 12x3x3 weekly slow stochastic. Note that the stock has a gain of 95.7% over the last 12 months and the key to momentum this week is for the stock to stay above this week's pivot at $1342.96. My quarterly value level is $1192.75 with a monthly risky level at $1412.5. The quarterly level had been a pivot until it was cleared on Feb. 11.

Tesla Motors ($244.81 vs. $150.43 on Dec. 31, up 62.7% YTD) has momentum status but has been extremely volatile. Tesla set an all-time intraday high at $265.00 on Feb. 26 and for March I show a monthly risky level at $249.38 which needs to be penetrated and held to extend upward momentum. Without such a move it will be important for the stock to stay above this week's pivot at $240.60. If Tesla trends below $240.60 this week the risk is to the 21-day SMA which is rising at $203.75. My table shows that the stock is well above the first four key moving averages with an overbought 12x3x3 weekly slow stochastic. Tesla has not been a publicly-traded long enough to have a 200-week SMA. The stock has a huge gain of 602.9% over the last 12 months.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
APPL $0.00 0.00%
TSLA $247.73 0.86%
AAPL $132.54 0.88%
FB $80.54 0.07%
GOOG $540.11 -0.44%

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs