AC Investor Blog: 10/01/2012

Thursday November 1st watchlist

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I had InterDigital, Inc. (NASDAQ:IDCC) on my watchlist a few times this month and today it broke out in impressive fashion on volume expansion. I believe we'll see some nice follow through tomorrow. This was a stock that ran from these current prices to over $70 a share not long ago. From a technical standpoint the stock looks very strong with both 20-day and 50-day moving average going up while MACD is crossing up its signal and %K line is on top of %D line. I suspect the stock may continue to appreciate over the coming days.

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TiVo Inc.(NASDAQ:TIVO) looks to be setting up for an upside move, as the stock has held up well the past few sessions.

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Possible bounce play. I think Career Education Corp. (NASDAQ:CECO) has found support around the $3.27-$3.30 range and looks poised to post a bounce from here. We could see a 7-10% possible bounce up to $3.68-$3.75 a share if it breaks the resistance at $3.51.

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CIGNA Corporation (NYSE:CI) broke out today and traded nearly 2x normal daily volume. The stock has the potential to make a big run on Thursday, so keep a close eye on CI and don’t miss the trade.

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Mueller Water Products, Inc. (NYSE:MWA) broke out of its significant intermediate-term resistance at $5 today and surged considerably higher amidst impressive buying pressure.

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Research In Motion Limited (NASDAQ:RIMM) made a strong upside reversal today. The technical chart suggests that stock might find now resistance at $8. Only a close above this level would suggest further upside. I think the stock is due for recovery as %K line has crossed on top over %D line. The stock needs to close above this level in order to alleviate the negative near-term view.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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: CECO, CI, IDCC, MWA, RIMM, TIVO

22:20 | Permalink |

6 Charts to watch next week

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Calix, Inc.(NYSE:CALX) Price broke through resistance and out of descending channel/flag formation on a huge volume spike. The next resistance level to watch is at 7.35 ( 200-day moving average). Above this level could test 8 next. On the technical side, we also have a bullish MACD crossover. Long setup.

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This stock could see a short squeeze. InterDigital, Inc.(NASDAQ:IDCC) has been consolidating sideways the last few weeks and it broke the trendline resistance of 35 on Friday which leaves the door open for 38 area. A breakout could spark some short covering. Timing is everything and I truly believe IDCC is poised for strong upward momentum and another possible breakout coming soon. Additionally, technical indicators are turning up from oversold levels indicating more upside for IDCC. A lot of eyes are on this stock right now so make sure this is on your radar screens. Patience is a virtue !!

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Vringo, Inc. (NYSEAMEX:VRNG) back over $4. The stock displayed relative strength on Friday closing again above its 50-day moving average. I remain bullish but I hesitate to suggest new positions with the market looking vulnerable. I'm raising my stop loss to $3.66. Short-term levels to watch next week $4.23 and then $4.32.

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Newcastle Investment Corp. (NYSE:NCT) Could be a high flyer on breakout, look for break above $8.27 to enter longs. Bullish MACD cross on daily.

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I see TiVo Inc. (NASDAQ:TIVO) on verge of breaking up out of compression. The stock closed the week above its' 200 day moving average, giving it even a more bullish set up.

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I have Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) on my watchlist. It may be ready to break out of this flag consolidation. I think there is a good risk/reward ratio right now.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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: CALX, GMCR, IDCC, NCT, TIVO, VRNG

10:03 | Permalink |

Stocks To Watch For October 26, 2012

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LSI Corporation (NYSE:LSI) Heavy volume, downtrend line broken. Can buy the stock with stop loss of trend line support.

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TiVo Inc. (NASDAQ:TIVO) shares closed above the 200-day moving average of $9.95. If prices remain above this level, investors will assess this development as a sign of strength. From the technical analysis perspective, the outlook for the stock is relatively bullish. Stochastic, RSI and ADX charts are flashing bullish signal for Tivo.

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Research In Motion Limited (NASDAQ:RIMM) Stalking as a potential swing long above 7.77 ( 13-day sma ) Slow Stochastic Cross up gave me a Buy signal

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Melco Crown Entertainment Ltd (NASDAQ:MPEL) Broke out today on a volume expansion. The technical chart shows a continuation of the trend with MACD and RSI in the Bullish areas.

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PACCAR Inc (NASDAQ:PCAR) Looking for a breakout above 43.38. Good volume today. Momentum picking up with MACD climbing and RSI rising. Buy stop set.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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: LSI, MPEL, PCAR, RIMM, TIVO

22:38 | Permalink |

Stocks To Watch For October 25, 2012

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This stock is showing signs of an upcoming breakout as price action and volume are making some bull signals here. All technical indicators appear to be setting up for a nice bullish move. The RSI crossed above 50 and +DI crossed above -DI today indicating renewed buying pressure, as well as the MACD line curling up setting up for a possible cross right around 0. The volume also was above average today and I'm hoping we will see a continuation tomorrow. Look for a break above 25.31 to go long with a short term target of 28 and a mid term target of 30.

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TiVo Inc. (NASDAQ:TIVO) Waiting for a close above the 200-day sma for a long position. Short term price target after the break is 10.5.

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Regeneron Pharmaceuticals Inc (NASDAQ:REGN) continues to consolidate but could make a breakout move soon. Resistance is $166.39. I expect to see a strong upside move if the stock can break through this resistance level. Watch the stock closely on Thursday.

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Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) broke out of a consolidation range, as the stock closed up $14.57 ( 13% ) on heavy volume. I'll be watching the stock on Thursday for a continuation of this breakout. The trend is very bullish as the stock is still on top of 50 day and 200 day moving average with both moving averages going up. So, keep an eye on her.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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: ASPS, GMCR, REGN, TIVO

22:21 | Permalink |

Stocks To Watch For October 24, 2012

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Facebook Inc (NASDAQ:FB) shares gained ground in after hours after reporting better than expected results. This could be a positive factor for the market tomorrow. I expect it to gap open on Wednesday. I'm using the October highs as the first resistance to watch. From a technical standpoint in the short term chart, slow STO is turning up while the MACD is going flat after a long fall giving indecision signal. The RSI is going up from below 30, indicating uptrend incentive. We can see a bounce beginning. Expect to see confirmation in the next day or so.

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InterDigital, Inc. (NASDAQ:IDCC) released its annual earnings report tomorrow after the bell. 13% of the stock is in the hands of short sellers. The total share volume that is short is 5.69 million shares per Yahoo Finance. That's over 17x today's volume. Here's the earnings preview from MPartners : Report (10/23/2012) - "Q3'12 Earnings Preview" From a technical standpoint the stock continues to hold its 50-day moving average despite the market turmoil. CMF making new highs and slow stochastic about to cross over on the daily. Earnings will determine our next move, however for me is a long term value, no matter how the earnings come out tomorrow. It's one of best stocks to play the boom in the 4G space, because it owns roughly 19% of the essential patents for LTE standard. That's my opinion.

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Riverbed Technology, Inc. (NASDAQ:RVBD) looks great on daily charts. The good news, however is that stock is getting closer to a major break-out so keep an eye on her and wait for a close over 24 to enter long.

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I continue to watch $8 for Newcastle Investment Corp. (NYSE:NCT), if it can break up through there, its worth it for me to buy for a trade. This is a price to keep an eye on in the future. Daily chart looks good.

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Vringo, Inc.(NYSEAMEX:VRNG) There is a lot of volatility on the daily chart but the stock regained its major moving averages in today's session. The stock needs to hold above $3.67 and build a better base. Breaching below this key level will herald a slide towards $3.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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: FB, IDCC, NCT, RVBD, VRNG

23:04 | Permalink |

Stocks To Watch For October 23, 2012

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People's United Financial, Inc.(NASDAQ:PBCT) I expect a breakout and a run in the next days. MACD crossover today.

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Xyratex Ltd. (NASDAQ:XRTX) Nice runner from the buy list. Tomorrow, the stock might go above $8

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InterDigital, Inc. (NASDAQ:IDCC) closed back above 50-day SMA. The Accumulation/Distribution line still high and trending sideways. Today’s high was $35, which is resistance for the follow through move. Really like the look of this chart and the patent portfolio of the business. Note earnings 10/24

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Agrium Inc. (NYSE:AGU) broke out and never stopped all day. There is a good chance the stock will continue to move up.

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Dover Corporation (NYSE:DOV) If the stock can close above the 200-day sma and hold it I feel the stock can start a new uptrend.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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: AGU, DOV, IDCC, PBCT, XRTX

21:51 | Permalink |

Interesting Stocks To Watch next week

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Xyratex Ltd. (NASDAQ:XRTX) is starting to work its way higher after dropping from over $12 a share. At $7.54 a share and considering that XRTX was trading well over $10 last month the risk for further decline is outweighed by the potential gain that a strong bounce would provide. With today's closing price of $7.54 I think a quick bounce to $8 or better is in the cards. Now taking look at daily charts we may see that majority of the technical indicators started to show some bullish signs. The RSI just bounced off extreme oversold conditions during today's rally, MACD made a bullish cross and is heading up. Slow Stochastic also shows bullish cross with %K over %D. This is a stock you should add to your watch list as believe it could move higher from current levels.

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I have my eye on BioCryst Pharmaceuticals, Inc.(NASDAQ:BCRX) for a swing trade. The stock is setting up nicely for a breakout, but I'd like to see a move above 4.75 on good volume before getting involved.

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Capital One Financial Corp. (NYSE:COF) made a new 52 week high today closing at $60.75 on heavy volume. The stock hit a high of 60.89, which is now resistance for Monday’s continuation move. If the stock can break through resistance, we should see another strong upside move. COF will move very quickly, so watch the stock closely next week.

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Aeropostale, Inc. (NYSE:ARO) Some positive divergences on daily charts. We might have seen the bottom and ready for a sustain rally. If the stock can stay above $12.6, then it has potential to rebound to $13.6 resistance inicially then $14.10

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The Ryland Group, Inc. (NYSE:RYL) shares may be in a consolidation phase following a nice trend. Looks like it will move up again. Keep an eye for a possible breakout over $33.90

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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: ARO, BCRX, COF, RYL, XRTX

23:08 | Permalink |

Stocks Watchlist For Friday, October 19

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eBay Inc (NASDAQ:EBAY) hit a new 52-week high today trading as high as $50.94, before settling at a close of $50.83. I will be watching the stock on Friday looking for a follow through move. As long as the stock stay above $47.77, the bullish scenario still intact. Technical chart shows very strong bullish sign. First of all, the stock is trading above both 50-day and 200-day moving average with both moving average pointing upwards. Then the MACD indicator made an upward crossover and back above zero indicating strong bullish momentum. Lastly, stochastics are moving up all above 20.

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Hudson City Bancorp, Inc. (NASDAQ:HCBK) has rallied from below $6 to above $8.75 in just three months, a gain of over 45%. The technical chart above shows very strong upward momentum as the stock is trading above the 50 day moving average with both 50-day and 200-day moving average going up. At this point I will be a buyer only once it breaks through Thursday’s high of $8.79 for the continuation move. Stochastics and the RSI are overbought but remain bullish signaling.

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KB Home (NYSE:KBH) Holding its breakout level of $16.30 will be the key if bulls want the recent rally to continue. Momentum oscillators like MACD has improved and trading in bullish territory. I would consider being buyers around $16.30 with stop loss at $15.05 for a target of $19.10

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Companhia Siderurgica Nacional (NYSE:SID) closed at $5.78, up 8 cents points for the day reconfirming the new uptrend after the recent break above the 50-day sma on expanding volume. For now, expect a run up to next resistance area around $5.92. If the stock is able to cross it and sustain above it, then it might go to $6.2. Support lies around $5.25.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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: EBAY, HCBK, KBH, SID

22:30 | Permalink |

Stocks Watchlist For Thursday, October 18

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Arena Pharmaceuticals, Inc.(NASDAQ:ARNA) broke an ascending triangle area pattern today and could go to $11 very soon. Volume confirms. Buy as close to 9.50 as possible. The technical chart above shows very strong upward momentum as the stock is above the major moving averages with both 50 day and 200 day moving average going up. All indicators still point to a bull market. I tweeted the breakout at 9.55.

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InterDigital, Inc. (NASDAQ:IDCC) The technical daily chart still giving clear clues on market makers intentions. The CMF shows accumulation since the beginning of month and daily stochastic poised to cross higher. Also significant was that the stock closed above a key resistance point of $36. The stock hit a high of $36.20, which is now resistance for Thursday’s continuation move. If the stock can break through resistance, we should see another strong upside move. I continue to keep a close eye on IDCC call activity because there is some elevated October Call options with strike prices significantly above the current market.

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Molycorp Inc (NYSE:MCP) displayed some impressive relative strength with a 5.57% gain. The area comprehended between 11.4 and 11.5 represents a strong resistance. The power of today's move suggests an upward breakout that could impulse MCP's stock to test the September highs at 14.44. MACD made a bullish crossover today and Slow Stochastic is increasing. This shows that investors are bullish on this stock.

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Corning Incorporated (NYSE:GLW) Nice Breakout on high volume. Buyable on a pullback to the pivot. Next resistance lies at $14.4

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VirnetX Holding Corporation (NYSEAMEX:VHC) looks very bullish on charts. The stock made a breakout of its recent high with high volumes and closed above its 200 days SMA of 27.47 Technical indicators are also supporting the bulls. The MACD crossed above the signal line, RSI is moving up & above its 50% level. SMAs are moving up and Stochastic is also moving up and above its 50% level.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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: ARNA, GLW, IDCC, MCP, VHC

22:08 | Permalink |

Stocks Watchlist For Wednesday, October 17

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OmniVision Technologies, Inc. (NASDAQ:OVTI) Congratulations to all of you that took advantage of this pick. Patience is a Virtue ;) Tomorrow, we should see a follow-through towards a test of key resistance at 15.

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Ford Motor Company (NYSE:F) broke through resistance and out of a small flag formation. Looks good to go here. Resistance is $10.82, which reflects its 200-day sma. Once the stock breaks resistance, I expect to see the buyer push the stock higher.

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Today First Solar, Inc. (NASDAQ:FSLR) broke and closed above its 200 day moving average with high volume. Short-term technical indicators are improving and the MACD on the daily chart produced a new buy signal. If the stock can break Tuesday’s high, we should see a strong follow through move. FSLR will move very quickly, so keep a very close eye on the stock.

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Kodiak Oil & Gas Corp (NYSE:KOG) Breaking out to the upside from its recent consolidation. I expect to see a continuation move tomorrow. Next resistance lies at $9.92

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Tellabs, Inc. (NASDAQ:TLAB) has had a rough time over the past weeks, but today’s bounce could be the first move to recovery. I'm using $2.48 as resistance for this upside move. If the stock can break through this level, we should see a reversal of this down trend. Stay tuned !

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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: F, FSLR, KOG, OVTI, TLAB

22:47 | Permalink |

AC Investor Blog

Seeking to provide independent day trading strategies based on Technical Analysis.

Wednesday, October 31, 2012

Thursday November 1st watchlist

Saturday, October 27, 2012

6 Charts to watch next week

Thursday, October 25, 2012

Stocks To Watch For October 26, 2012

Wednesday, October 24, 2012

Stocks To Watch For October 25, 2012

Tuesday, October 23, 2012

Stocks To Watch For October 24, 2012

Monday, October 22, 2012

Stocks To Watch For October 23, 2012

Friday, October 19, 2012

Interesting Stocks To Watch next week

Thursday, October 18, 2012

Stocks Watchlist For Friday, October 19

Wednesday, October 17, 2012

Stocks Watchlist For Thursday, October 18

Tuesday, October 16, 2012

Stocks Watchlist For Wednesday, October 17

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