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Can Apple and Amazon Regain Momentum?

Stocks in this article: AAPL AMZN CMG GOOG LNKD NFLX PCLN TSLA

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.

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