Tuesday, 27 January 2015

Company round up for 27Jan2015

Lets do a round up for Company.

MSFT - Microsoft
On the 27 Jan 2015, this company announced that the estimates are in line with the expectation. However, market perceived that as bad news and after hour we saw a sell-down.
The chart shows a Dragonfly Doji. There are a lot of buying from the public. A lot of bullishness in this stock. Volume is high and it ends on the upper wick. We should see this stock absorbing all the stocks from the weak hands and should see it going up higher soon. 



YHOO - Yahoo
The charts show strength and it is making higher low. RSI shows that it is now at 52.78. It has to break resistance at 50SMA in order for a lesser risk entry. Today is the announcement for earnings, tax plan, etc. From the chart, we should be expecting some good result.



AAPL - Apple
Chart looks good. Volume is increasing as it is marched higher. Looking at the chart, we should be expecting good result. Will see 118 soon.



BABA - Alibaba
Alibaba is looking good. It is consolidating near the resistance level and it seems like good news is on the way for this stock. This stock will drag Yhoo to the upside. 



INTC - Intel Corp
The chart is showing bearishness and also consolidating. RSI dipped below the support and seems like the momentum is going downhill. Should the support break at the previous RSI 35, we should see it heading towards below 10. 



MU - Micron Technology. Inc
Currently MU is still not able to shoot pass the 200SMA at 31.26. This will be a good entry point if we see strength. Volume is decreasing as it move higher. This may prove to me a temporary upside before it goes down to 27.


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