AC Investor Blog: 03/01/2013

Here are a few setups to watch next week

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NVIDIA Corporation (NASDAQ:NVDA) confirmed my previous analyse and broke decisively above its 200-day MA today. From here we can expect a run to the 13 area and from there we could see an explosive upsurge to $13.5 and better. Daily technical indicators are turning up. Hold with a stop at the level of the 50-day MA. Add more on a convincing break out above the 13 level. Long setup.

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Rite Aid Corporation (NYSE:RAD) is setting up nicely to break into new highs. Buy point would be on the day it blows through $1.95 on heavy volume.

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Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) STRONG breakout of resistance on volume confirmation. The triangle on chart represents a consolidation/rest after an advance. The breakout signals a continuation of the prior advance. As long as 4.75 holds, this breakout is in great shape.

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Astex Pharmaceuticals, Inc. (NASDAQ:ASTX) had good volume and a nice candlestick on Thursday. Daily technical indicators are bullish. The MACD is positive and has crossed above its signal. The RSI and slow stochastic have climbed above their 50% levels. Breakout watch over 4.58

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Radian Group Inc (NYSE:RDN) had a nice surge a few weeks ago and has been consolidating that move since then. Looking good for higher prices, watch for break above consolidation area and go long.

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Vringo, Inc.(NYSEAMEX:VRNG) Rallied hard Thursday on heavy volume. If it clears back over 3.43 (50-day MA), may have some good upside.

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Sprint Nextel Corporation (NYSE:S looks ready to make new highs. On the technical side, the chart looks very good here. MACD is positive and above its rising signal line. The 9 day and 20 day SMAs are both rising with the stock trading above them. Breakout watch over 6.22

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Active Network Inc (NYSE:ACTV) looks like it may have found a bottom already, keep on watch.

Happy Easter for everyone !!

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: ACTV, ASTX, HIMX, NVDA, RAD, RDN, S, VRNG

22:50 | Permalink |

Thursday March 28th watchlist

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NVIDIA Corporation (NASDAQ:NVDA) has started to bounce and broke out from a falling wedge today closing above resistance 12.6 level. The stock seems to be ready for another run up. Some technicals are turning up here. Further strength above 12.72 ( 200-day MA ) opens the door to 13. Put her on your radar.

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Tesoro Corporation (NYSE:TSO) Keep this small Cup with Handle on your watch list. Breakout watch over 60 on volume.

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Vonage Holdings Corp. (NYSE:VG) has consolidated around 2.75-2.88 for the last two weeks and a break above the resistance level on heavy volume would be bullish. Stay tuned.

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Archer Daniels Midland Company (NYSE:ADM) is looking nice. Volume is picking up again. Next buy when clears 33.13 on volume.

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Lions Gate Entertainment Corp. (USA) (NYSE:LGF) The stock continues to act well above the breakout point. Next buy area when clears 24 on heavy volume.

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Groupon Inc (NASDAQ:GRPN) Stock price finally broke out one of the most important resistances in the short term at 6.17 with volume, so stock is now ready to move up to next resistance at 6.50

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: ADM, GRPN, LGF, NVDA, TSO, VG

21:30 | Permalink |

Wednesday March 27th watchlist

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Marriott International Inc (NYSE:MAR) is again setting up for a potential swing trade. Breakout watch over 41.59. From a technical perspective the MACD Histogram and stochastic oscillator have turned up and RSI is again moving upward.

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Pfizer Inc. (NYSE:PFE) Broke through resistance at 28.5 today. Looks good for higher prices. Stop 28.02

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Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) Big momo stock. Consolidating here, play the line it breaks on heavy volume.

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Weyerhaeuser Company (NYSE:WY) Keep this Cup with Handle on your watch list for the breakout.

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Elan Corporation, plc (ADR) (NYSE:ELN) Stock price broke back above the 20-day MA on solid volume. Poised to take out the resistance at $12. Stop 11.32

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Vipshop Holdings Ltd - ADR (NYSE:VIPS) may be setting up to make new highs. Next buy area is when the stock clears 30.23 on heavy volume. Stop 26.7

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: ELN, MAR, MDRX, PFE, VIPS, WY

22:17 | Permalink |

Tuesday March 26th watchlist

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Groupon Inc (NASDAQ:GRPN) had a nice follow-through day after breaking out its 5.72 resistance on Friday. I still think this is a nice Long setup. Worth watching for a breakout above the 6.17 level.

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PulteGroup, Inc. (NYSE:PHM) Nice Looking Cup with Handle pattern with a pivot of 21.6, when it breaks this resistance on volume, go long IMO.

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) held up well today in such a weak market. Technicals are now positive and its MACD just produced a new buy signal. If it breaks back over the 50-day MA go long. Stop 7

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Trina Solar Limited (ADR) (NYSE:TSL) Stock price broke down today on high volume, watch for a test of the $3 level. Short setup.

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Sodastream International Ltd (NASDAQ:SODA) Looks like it wants to break this ascending trend line. On watch tomorrow !!

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Visa Inc (NYSE:V) Cleared this consolidation channel today. Setting up for higher prices.

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, GRPN, PHM, SODA, TSL, V

21:19 | Permalink |

Stocks to watch next week

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Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) finally broke above resistance in today's trading session after a period of consolidation. I still like this stock and will be watching it again on Monday, expecting to see a continuation move. Resistance for Monday is $54.15, which was today's high.

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Research In Motion Ltd (NASDAQ:BBRY) lost 7.9% on heavy volume but closed above its 50-day moving average. If the stock can hold this level on Monday it should be a really good entry point to take a long position jmho From a technical perspective the stock is on a bull market as the stock is trading above both 50-day and 200-day moving average and 50-day moving average is on top of 200-day moving average heading upwards. Additionally, the MACD indicator is rising above 0 also indicating a buy. Monday will be an interesting day for BBRY. No one knows, how the stock will react. It is a waiting game now !!

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Groupon Inc (NASDAQ:GRPN) Technical breakout. I do not see anything until the $6.15-$6.2 area. The stock is now back above the 200-day moving average which is very bullish. Let's keep an eye on her as i think momentum will pick up.

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US Airways Group, Inc. (NYSE:LCC) looks like a flag forming, which is a bullish continuation pattern. On watch.

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Shares of The Goldfield Corporation (NYSEAMEX:GV) were up nearly 4.5% or 22 cents to $5.18, reaching during the session a new 52 week high at $5.23. The daily chart show a continuation of the trend with MACD and RSI in the Bullish areas. The stock is in a strong bull market with both 50-day and 200-day moving average going up, however in overbought conditions.

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Short-term & medium-term bias remains positive for Zillow Inc (NASDAQ:Z). You need to watch the stock closely because it could break resistance soon.

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Delta Air Lines, Inc. (NYSE:DAL) If the support holds a move higher could be in the cards.

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: BBRY, DAL, GRPN, GV, LCC, VRTX, Z

22:18 | Permalink |

Friday March 22th watchlist

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Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) has been consolidating the last few sessions while relieving overbought conditions. Look for break above $53.03 to enter longs.

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Rambus Inc. (NASDAQ:RMBS) made a nice upside reversal today in a weak market. The technical chart suggests that stock might find now resistance at $5.45. Only a close above this level (50-day MA) would suggest further upside.

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Yahoo! Inc. (NASDAQ:YHOO) Nice jump out of the bull flag today on a huge volume spike. Looks good to go here. Resistance is $23.09, which reflects the recent highs.

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3D Systems Corporation (NYSE:DDD) broke and closed back above its 200-day MA on solid volume. The bulls will now try and regain control.

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Groupon Inc (NASDAQ:GRPN) has been consolidating in the 5.25-5.6. This stock remains on alert for a breakout. $5.61 is the first line of resistance followed by $5.73 Buy stop set.

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I think Gevo, Inc. (NASDAQ:GEVO) remains one to watch considering the heavy buying over the last two days. If this keeps up we could see a sharp rally from here jmho.

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Today was an amazing day for ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) With a combination of massive volume and huge gains, this pick mentioned Wednesday and several times on twiiter, truly was a great find. Congratulations to everyone who profited.

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: ACAD, DDD, GEVO, GRPN, RMBS, VRTX, YHOO

22:22 | Permalink |

Thursday March 21th watchlist

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Crocs, Inc. (NASDAQ:CROX) pulled back to the 200-day SMA but is still in an uptrend. If it holds this key support level it may start a new leg up. Only a drop below $15 on a close basis would negate the positive outlook for Crocs shares. Existing holders may remain invested with a stop loss at $14.46. On the other hand, any close above $15.75 would have major positive implications from a short-term perspective.

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Watch carefully this potential double bottom pattern in Bazaarvoice Inc (NASDAQ:BV). The pattern needs to confirm by breaking above the $8.09 resistance. If that break occurs, BV's stock should be ripe for a long trade. All technicals are bullish and the short term outlook continues to look bullish. Stop 6.37

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InterDigital, Inc. (NASDAQ:IDCC needs to hold 45 level on the downside or things could get ugly. On the upside, the stock has resistance located betwen 48 and 48.67. Technical indicators have corrected from overbought conditions recently, but have not turned bearish yet. The MACD is falling towards its signal line in positive territory and the RSI has slipped down from its overbought zone.

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Eagle Materials, Inc. (NYSE:EXP) Flagging for a move higher. Watch for a break over 72.31 with volume

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VirnetX Holding Corporation (NYSEAMEX:VHC) is trying to bottom. Look for a move above $23.41 to get involved on long side. If not, stop out below $21.68.

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: BV, CROX, EXP, IDCC, VHC

22:03 | Permalink |

Wednesday March 20th watchlist

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Celldex Therapeutics, Inc. (NASDAQ:CLDX) Strong Technical chart that is flagging. If volume comes back in, the stock will run again.

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Gevo, Inc. (NASDAQ:GEVO) is looking to get back over its 50-day moving average. The news out today after the bell may bring the volume to get it there. Bloomberg : Gevo Wins Ruling for No Infringement of Butamax Patent . I am going to watch the action tomorrow since the short float is more than 35% !! I think it's a short-squeeze candidate. Keep on watch tomorrow.

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Research In Motion Ltd (NASDAQ:BBRY) The technical chart continue to show a bullish bias. The MACD line is pointing up. RSI is also increasing and is now above the 50% level. +DI is above –DI . Additionally, in the daily stock is forming a flag pattern. This pattern is a bullish one so a rally could happen. Let's see if the stock price will confirm it.

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Shares of ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) edged higher on stronger than usual volume. The stock price closed above the 20-day moving average of $6.25. As long as prices remain above the moving average key indicator, traders will view this development as a sign of strength. Based on the pivot points the current support and resistance levels for ACAD are $5.99 and $6.88

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Platinum Group Metals Limited (USA) (NYSEAMEX:PLG) Breakout watch at 1.52

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: ACAD, BBRY, CLDX, GEVO, PLG

22:49 | Permalink |

AC Investor Blog

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

Thursday, March 28, 2013

Here are a few setups to watch next week

Wednesday, March 27, 2013

Thursday March 28th watchlist

Tuesday, March 26, 2013

Wednesday March 27th watchlist

Monday, March 25, 2013

Tuesday March 26th watchlist

Friday, March 22, 2013

Stocks to watch next week

Thursday, March 21, 2013

Friday March 22th watchlist

Wednesday, March 20, 2013

Thursday March 21th watchlist

Tuesday, March 19, 2013

Wednesday March 20th watchlist

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