--Financial Tools ------Futures Market---ADD HERE LINK-- OPTION ALERTS ---

Sunday, August 28, 2016 

My Watchlist for Monday, August 29

( click to enlarge )

Shares of Vuzix Corporation (NASDAQ:VUZI) are starting to heat up again and are worth watching. The stock broke out last week of a large flag formation. This technical move is very significant and could be marking a new trend higher that is still in the early stages of development. The MACD is also confirming this as it moves to cross up, while the RSI starts to go up. If volume can pick up I think this stock can break through resistance at $8.50 and re-test its recent highs around $9.30. I started a big position in VUZI.

( click to enlarge )

Adamis Pharmaceuticals Corp (NASDAQ:ADMP) As I expected, the stock had a very strong day on Friday, as the stock broke out of its key horizontal resistance line on the way to closing up 70 cents on the day. Friday’s high was $3.57, which is resistance for Monday’s follow through move. You want to keep an eye on ADMP so you do not miss when the stock does break through resistance.

( click to enlarge )

Last week's view on First Solar, Inc. (NASDAQ:FSLR) stock remains unchanged. The short-term outlook appears bullish and would remain so as long as the share price holds above $36.75. The immediate resistance is seen at $38.68 and then at $40.02. RSI and MACD are also showing some positive divergences on the daily charts. These technical factors suggest taking a long position with a stop at 36.75.

( click to enlarge )

There is no change from my previous updates on VirnetX Holding Corporation (NYSEMKT:VHC). I think the stock looks poised to move higher. The short-term trend is bullish and technical indicators suggest the upside bias is still in progress. RSI and the MACD lines are rising up, indicating strength in the upmove. To the upside the 2.93 level has now become resistance. To the downside the 2.53 level is seen as the next support level.

( click to enlarge )

Zynga Inc (NASDAQ:ZNGA) is showing signs of buying activity at current levels, as the stock has been able to hold up the past few sessions. Resistance level in ZNGA is the high of Friday, which is $2.71. Watch the stock closely next week for a possible move.

( click to enlarge )

I have Globalstar, Inc. (NYSEMKT:GSAT) on my watchlist due to the recent price action, volume and momentum. Potential swing long above 2.41

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

Labels: , , , ,

Bookmark and Share

Thursday, August 25, 2016 

My Watchlist for Friday, August 26

( click to enlarge )

We finally got the breakout in Netflix, Inc. (NASDAQ:NFLX). Shares rallied past resistance of $96.55 (declining 200-day EMA) and hit my trigger to open positions. I'll be watching the stock on Friday, looking for a follow through move. I'm using the rising 50-day EMA as stop.

( click to enlarge )

Rackspace Hosting, Inc. (NYSE:RAX) After a healthy pullback in the last two weeks we got a big bullish impulse today that could signal the beginning of another move higher. Immediate resistance is at 30.41 (today’s high). A break above that area could trigger further upside recovery testing $31.5 area. Watch the stock on Friday.

( click to enlarge )

General Dynamics Corporation (NYSE:GD) watch for a possible breakout out of current consolidation.

( click to enlarge )

Amedica Corporation (NASDAQ:AMDA) successfully tested the support and closed above the 50EMA for the fourth time in a row. If shares can hold that $1 level then we could see a nice bounce in prices back towards the key 1.40 level. From a technical standpoint daily technical indicators are looking bullish. The MACD is above its signal line and is moving up in positive territory. RSI still above its 50% level.

( click to enlarge )

BlackBerry Ltd (NASDAQ:BBRY) has witnessed a healthy pullback to its 20-day EMA, which has acted as a nice support for stock. Plus, the stock has experienced a golden cross this week, which is a bullish technical signal that occurs when the 50-day moving average crosses above the 200-day moving average as both moving averages are rising. The main trend is up, the bulls are in control.

( click to enlarge )

KapStone Paper and Packaging Corp. (NYSE:KS) finally broke through its 200-day EMA. The volume confirmed the breakout as it was greater than average. Look for the stock to test the prior highs of June.

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

Labels: , , , , ,

Bookmark and Share
Photobucket Contact

About Me

    Photobucket
  • I'm a 41 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.

  • Benzinga.com supporter

    Benzinga.com supporter









    banner photo sc-18_zps59961ccf.jpg

    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    QUOTES

    POPULAR SECTION

      banner photo sc-18_zps59961ccf.jpg

    RECOMMENDED

    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google