Nokia, US Airways and Lions Gate Entertainment Corp

It is time to follow up how the share value developed of these companies after I published my articles.

Nokia

As I wrote on August 27th the stock did have a quite impressive rally done. When I wrote my blog the stock was overpriced after gaining 77% in value. Next day the stock prices dropped and indicators, i.e. SAR,  developed on September 5th a clear sell signal. The price dropped by 24% and I am not sure it will continue to drop. Yesterday was an increase again but I am always carefully with trends on Fridays and Mondays. I have my doubts that big players are on the market on Mondays and Fridays. The MACD, DI indicates the price will drop a little bit more. The trend indicator is with 26 low. Conclusion: It is worth to invest into this title but I suggest to wait a few more days. The price correction is not finished. 

US Airways

When I went public with my 5 cents, August 21st,  the stock did have a value of $11.42 and closed yesterday with $12.14. An increase of 6.3%. I did not expect the bump August 30th but I do not want to change my opinion about the stock. It is looking good. The price is not to expensive, RSI = 62, PVI has crossed the signal line from the south and the gap between +DI and-DI is getting bigger. The MACD does not suggest any change soon.


 Lions Gate Entertainment Corp.

I found the title on August 14th with a value of  $14.13. As I explained the title showed up due to the indicators who clearly told me: Buy!. Yesterday the share closed with a price of $15.81. An increase of  11.9% despite of  a dent on August 22.

But meanwhile the world for this paper changed. The price of last Friday is nearly so high like it was in March and the stock was not able to keep that level than. Even a comparison about all times  shows the current price is the top. It might continue for a few more days but I do have my doubts for a long run. The indicator RSI is at the 70% level, but the gab between +DI and -DI is still increasing, ADX is increasing but is on a low level with 27. The MACD does not show any change soon. As I said it might continue for a few more days but prepare the sell.


As always: just my 5 cents.....