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Saturday, October 21, 2017 

My Watchlist for Monday, October 23

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Social Reality Inc (NASDAQ:SRAX) has broken the large ascending triangle to the upside on a daily time frame. If this bullish continuation pattern does play out completely, then we could easily see the stock moving towards the $6 next resistance level. After a two-session correction, the stock closed strong on Friday to close at 4.48 and seems poised for another upward move to test or break the recent highs. Moreover, the RSI is trading inline with the price action and is not overbought, which further strengthens the argument of the possibility to make new highs. Plus, the price still trading above major EMAs, which means the bulls are in complete control. Chart is technically, very bullish.

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Proteostasis Therapeutics Inc (NASDAQ:PTI) An upward move could be on the card. The stock bounced Friday again from its support zone and closed well above the short-term EMAs. This represents that the bulls have finally woken up and are truing to the control. Note: There was a large buyer supporting the price, which could be an indication that we will break this base pattern to the upside next week. If this pattern does break out towards the upside, it could easily push the stock price towards the yellow horizontal line shown on the daily chart. Money Flow Index is turning up, signaling accumulation of stock is occurring. On watch.

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Medgenics Inc (NASDAQ:GNMX) which has been in a sideways trading range between 1.2 and 1.5 since August, finally broke out the range on massive volume. The price is now trading above the 50-day EMA and 100-day EMA, which further confirms that the bulls have taken the control and there is a clear change in momentum, from the bears to the bulls. Next resistance liest at 2.22

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MGT Capital Investments Inc. (OTCMKTS:MGTI) with Bitcoin making new highs seemingly every month, this stock could be on the verge of being discovered by investors again. MGT is one of the top BITCOIN PRODUCERS in North America. Stock could move toward $3 area if it breaks the declining EMA20 at 2.45

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Tandem Diabetes Care Inc (NASDAQ:TNDM) There are some signs of a possible bounce at this point due to the extreme oversold conditions. A reversal may be on the way. Took a position. Nearest resistance for the stock is at $2.66. If this level is crossed and the stock is able to sustain above this level, then it might go to +$3

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I have Micron Technology, Inc. (NASDAQ:MU) on my watchlist. It may be ready to break out of this consolidation. Potential swing long above 42.17

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Alcobra Ltd (NASDAQ:ADHD) is still very overbought, so some consolidation at current levels or pullback would be normal. The declining 200-day EMA is a strong support and potentially a good entry point.

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Under Armour Inc (NYSE:UAA) broke out in a big way on great volume. I think we will see some nice follow through next week. The daily technical indicators are showing signs of bullishness.

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Under Armour Inc (NYSE:UA) The price action yesterday created a potential bottom. A rise above the 16 level next week should confirm the reversal. All key technical daily indicators are tunring up. Stop Friday's low.

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Viewray Inc (NASDAQ:VRAY) shares closed higher for the fourth consecutive day on very impressive money volume. The trend continued higher based on the strong technicals. The stock is setting up nicely to break out. Next buy point would be on the day it blows through $7 on heavy volume. On watch.

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Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.

Thanks for visiting AC Investor Blog.

AC

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Thursday, October 19, 2017 

My Watchlist for Friday, October 20

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LiNiu Technology Group (NASDAQ:LINU) nice bullish candlestick today. Setting up to clear this resistance area, keep on watch andf play accordingly.

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Keep Inpixon (NASDAQ:INPX) on watch to break through this key resistance area on heavy volume.

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OpGen Inc (NASDAQ:OPGN) Trying to take out this next buy area, keep on watch. The more resistance is tested, the easier it becomes to break. Bullish breakout around the corner IMHO. First target 45c

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Viking Therapeutics Inc (NASDAQ:VKTX) Another good winner, broke out on heavy volume and made new highs this week. Planning to add on pullbacks.

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VirnetX Holding Corporation (NYSEAMERICAN:VHC) bounced strongly today, recovering almost all of Wednesday's losses. If the stock reclaims the $6 with solid volume I will buy again. Keep in mind, VHC is a very volatile stock, so for that reason we should use tight stops.

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.

Thanks for visiting AC Investor Blog.

AC

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  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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