Counter Reviews for 09Feb2015

Dear SGWiseInvestors Fans and Readers,

Lets round up some of the other stocks as well.

AAPL - Apple

This stock has a good run after the good news. Where are we heading? The last Friday bar is a bearish bar with high volume. Monday price action is very important to make the next forecast for this stock. The volume is showing that a pullback is highly likely. Why? Make a comparison between last high and this high. You will notice that there is no much catalyst to push this stock higher.


VLO - Valero

We should see this breakout soon. But at the meantime I should see some pullback. It is gaining strength. There are buying in the down bar last Friday. We should see this breaking out soon.


BIDU -  BAIDU

This is one stock that you should avoid now. Looking at the last bar, it is supper bearish. It will hit 200SMA and may even break. Resistance level is at 195. Thus we should see this likely to bounce at that level.


QIHU - Qihoo

This China Stock is currently the strongest of all. It has passed 50SMA, heading towards 77.41 which is the 200SMA. This is definitely a buy at the moment.


WUBA - 58.com

This is one stock that you should avoid. It is not moving anywhere. Side-way consolidating only.
Interested buyer can buy at price 36 for short term gain.


GOOG - GOOGLE

This stock is likely to move higher with the big candle stick and also 50SMA as the support. We should see this stocks closing near 549. Volume has to come in to validate this move upwards.


FCX - Freeport McMoran

This stock is a no-touch stock. It is on a downtrend and every rebound is weak. From the RSI, we can say that this is moving down further.


NEM - Newmont Mining Corp

This stock is a BUY. Every dip, you can see it comes with a BUY. Support is at 23.04. Any break on that we should see it dip to about 22. We should see this going higher in the near term.


MSFT - Microsoft

This stock is on short Term uptrend. Volume has to come in to pass 43. At the meantime, this stock is not likely to surpass 43. Not a good punt on this stock.


SNDK - Sandisk Corp

You can buy this stock at 75 for longer term investment. It will be going down soon to retest 75 before any bounce. I believe that there will be support and a lot of BUY awaiting at 75.


GE - General Electric

This stock is moving down. Friday bearish bar confirm this.
This stock is worth a SHORT! This should go back to 23.50.


GM - General Motor

If the stock is down on Monday with increased volume. This stock is worth to short as well. Keep this stock in your radar.


GILD - Gilead Sciences Inc

Buy? Not yet. Do note of the 200SMA and see if there is any rebound? Else this stock remains a SHORT stock.

Gold - Randgold Resources Ltd

GOLD will likely dip to 75.53 which is 200SMA before any continuation of uptrend. Do keep this in your radar as well.


LNKD - LinkedIN Corp

This stock bounce to high of 272 and close at 263.40. The volume is exceptionally high which means a lot of people is offload and onloading. Monday price action of whether further uptrend or downtrend will be concluded.