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

Tesla, Netflix, Apple Win Trifecta in Momentum Stock Race

Google  (GOOGL) ($564.34) is up 4.8% since May 12 after setting a 2014 intraday low at $511 on April 28, and going as high as $577.66 on May 28. The stock has faded in recent trading days. At the low, the stock was trading back and forth around its 200-day SMA now at $528.42. The stock is above all five key moving averages.

The weekly chart is positive with its five-week MMA at $554.27. A weekly value level is $542.22 with annual value levels are $522.17 and $489.53. A quarterly pivot at $562.40 with a monthly risky level at $611.62.

Netflix ($422.06) is up 22% since May 12 to win this leg of the momentum race. Netflix traded as low as $299.50 on April 28, and went as high as $422.91 on June 2. After being below its 200-day SMA at its low, the stock is now above this key moving average at $354.83. The stock is above all five key moving averages.

The weekly chart is positive with its five-week MMA at $382.62. Weekly and quarterly value levels lag at $385.27 and $328.81, respectively, with this month's risky level at $451.04.

Tesla ($204.70) is up 11% since May 12, finishing in second place in the momentum race. The stock traded as low as $177.22 on May 9, holding its 200-day SMA now at $180.93.

The weekly chart is positive with its five-week MMA at $203.27. Weekly and quarterly value levels at $189.85 and $185.07, respectively. The stock has not been publicly traded long enough to have semiannual and annual levels.

Your investment policy among these stocks depends on whether or not you are a buyer on weakness or a seller of strength. We advocate using a good-'til-cancelled limit order to buy weakness to a value level or to sell strength to a risky level.

2 of 4

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
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $125.08 -0.57%
NFLX $560.65 -0.87%
FB $78.28 0.93%
GOOG $524.46 -1.20%
TSLA $235.70 1.20%

Markets

DOW 17,841.98 -86.22 -0.48%
S&P 500 2,080.15 -9.31 -0.45%
NASDAQ 4,919.6440 -19.6830 -0.40%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs