AC Investor Blog: 04/01/2013

Stocks to Watch for May 1, 2013

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Groupon Inc (NASDAQ:GRPN) is correcting after a run from 5.47 to 6.66. The stock could slide till the 5.89-6 area. The technical indicators on chart are suggesting more downside but have not turned bearish yet. The MACD is positive but has started falling below its signal line. The RSI has just slipped below its 50% level and the slow stochastic is now falling below its 50% level. Keep a stop at 5.82

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Advanced Micro Devices, Inc. (NYSE:AMD) Strong rally on volume today. I think the stock could try and take a trip to $3 or so if volume comes in. The technical indicators are looking bullish.

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Adecoagro SA (NYSE:AGRO) still forming a possible bear flag on daily chart imo

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J.C. Penney Company, Inc. (NYSE:JCP) is pulling back to its 50EMA on low volume. Consider buying if it can find support at 16.25

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Entravision Communication (NYSE:EVC) has been on fire the past few months and it does not look like the trend will change soon. The stock broke a key resistance today which should be the start of another upside move IMO. I am watching the stock again on Wednesday and I will be a buyer once it breaks through Tuesday’s high of $3.89 with a stop at 3.54. Stay tuned.

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Constellation Brands, Inc. (NYSE:STZ) Breakout watch over 49.54

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: AGRO, AMD, EVC, GRPN, JCP, STZ

23:31 | Permalink |

Stocks to Watch for April 30, 2013

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Research In Motion Ltd (NASDAQ:BBRY) had a nice breakout from the symmetrical triangle on solid volume. Upcoming resistance is at 16.01 and 16.82 which are the previous highs. Looking at the technical chart we can see a couple of bullish signals confirming the "breakout" and we can expect the price to move higher from this point.

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Intel Corporation (NASDAQ:INTC) needs to take out 23.87 in order to convince bullish buyers at these levels.

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Mercury Systems Inc (NASDAQ:MRCY) could be in the early stages of a technical breakout. If the stock can break through 7.8, expect to see heavy volume drive the stock higher.

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Molycorp Inc (NYSE:MCP) A breakout above 5.74 (50EMA) would constitute a technical entry for the short-term trader looking for a quick trade.

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RF Micro Devices, Inc. (NASDAQ:RFMD) hit a new 52 week high and closed above resistance. As long as the stock stays above the 9 & 50 EMAs it is still safe to hold on to your positions.

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Amarin Corporation plc (ADR) (NASDAQ:AMRN) Stalking as a potential swing long above 7.10 . Technical indicators are showing signs of turning around, but have not turned bullish yet.

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Regeneron Pharmaceuticals Inc (NASDAQ:REGN) may be close to breaking to new highs here. The stock has been consolidating the past few days and just recently started inching above most of the consolidation area. At this stage, it's definitely a wait and see, if the resistance will be easily taken out by the bulls. Fresh exposures may be considered on a move past $221, with a stop-loss at $204.

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, INTC, MCP, MRCY, REGN, RFMD

22:27 | Permalink |

Top stock picks for next week

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Facebook Inc (NASDAQ:FB) The stock closed Friday slightly above the 50-day exponential moving average with a shooting star candle (correction is likely) on the daily. From a technical perspective, the technical indicators are beginning to look bullish. The MACD indicator is rising above its signal line, but remains in negative territory. The RSI crossed above the 50 mark and CMF still positive. Let's see what Monday brings.

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Research In Motion Ltd (NASDAQ:BBRY) This technical chart looks bullish and definitely is confirming my bullish sentiment. The stock closed the week above all moving averages, indicating more buying ahead. Daily technical indicators also are turning bullish, which means a test of the recent top at 16.82 is a possibility. The MACD is rising above its signal line and about to enter positive territory. In additon, the RSI has moved above the 50 mark and ADX shows a bullish signal.

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Tellabs, Inc. (NASDAQ:TLAB) looks to have bottomed. Closed above the 20EMA on high volume. Bullish MACD crossover and OBV is rising. The 50-day EMA sits at $2.06 and the 200-day EMA is at $2.26. A lot of room to go higher. This stock should be on your watchlist next week.

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FormFactor, Inc. (NASDAQ:FORM) Good upside volume on the daily chart. Technical indicators turning bullish. Looks like it is getting ready for a breakout soon.

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Avis Budget Group Inc. (NASDAQ:CAR) Starting to look strong again. Next buy area when clears the 29.73 level on heavy volume.

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PulteGroup, Inc. (NYSE:PHM) Watch this one as it approaches this resistance area. All technical indicators are bullish. The MACD has crossed above its signal and reversed its falling trend. RSI is moving up and Slow stochastic has entered its overbought zone.

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, CAR, FB, FORM, PHM, TLAB

23:41 | Permalink |

Stocks to Watch for April 26, 2013

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VirnetX Holding Corporation (NYSEAMEX:VHC) Closed above the 20EMA and out of flag formation. Looks good to go here. Technical indicators are beginning to look bullish. The MACD indicator is rising above its signal line, but remains in negative territory. RSI is poised to enter positive zone. Looks good to go here. Full of shorts. Stop loss $18

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Vishay Intertechnology (NYSE:VSH) I'd like to see this close over 12.92 before getting involved. MACD crossover.

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FormFactor, Inc. (NASDAQ:FORM) performed well today, closing up 6% on no news. Some serious upside volume coming into this stock over the last few days. Daily technical indicators are showing signs of turning around, which suggest a near-term bottom, including large positive divergences on MACD in daily. If the potential buy signal confirms itself, we'll be looking for a move to the resistance area at $5-5.1, at the very least.

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Applied Materials, Inc. (NASDAQ:AMAT) broke out to new 52-week highs today. I'm expecting to see the stock continue this move on Friday. As long as the stock stays above $13.95 area, the bullish scenario is still intact. Technical chart shows bullish sign with %K line on top of %D line and MACD on top of signal line.

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: AMAT, FORM, VHC, VSH

22:33 | Permalink |

Stocks to Watch for April 25, 2013

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In line with my anticipation, NVIDIA Corporation (NASDAQ:NVDA) confirmed today the reversal when it broke out above the $13.23 level. The stock price is now riding on an upward movement and trading above all three EMAs, with the 50-day EMA about to cross above the 200-day EMA. The technical indicators are looking bullish. The MACD is positive and above its rising signal line. Both the RSI and slow stochastic are above their 50% levels. Technically, my model remains long, targeting $14.

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Merck & Co., Inc. (NYSE:MRK) tagged a new high but closed poorly. Shareholders may remain invested with a stop-loss at $46.40

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Research In Motion Ltd (NASDAQ:BBRY) surged for the fourth straight day by adding 3.98% or 57 cents to $14.9 per share. Momentum indicators are bullish now with RSI inching away above the middle level and with MACD crossing above signal line. Price is expected to at least rally the next resistance at $16 and even go higher to test the next resistance level at $17.22. I'm really bullish on this stock.

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After consolidating sideways the last few weeks with an upward bias, the stock broke out upwards today, accompanied by a volume surge. Looks good for higher prices.

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As expected Tellabs, Inc. (NASDAQ:TLAB) found support near 1.92. This coincides with the November lows. In the short term, we could argue the stock has produced a bullish double bottom, but we need to see a rebound from these lows. A close over 2 might suggest the stock has found a bottom.

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I believe shares of MBIA Inc. (NYSE:MBI) have room for a significant uptick beyond these levels. The stock price crossed above the 50-day EMA today giving a buy signal and an indication that the stock may have finally reached its bottom. The technical indicators are looking mildly bullish. RSI is moving up and the MACD has a bullish crossover. Let's keep an eye on it.

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, FSLR, MBI, MRK, NVDA, TLAB

23:19 | Permalink |

Stocks to Watch for April 24, 2013

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ITT Educational Services, Inc. (NYSE:ESI) Watching for breakout confirmation. The stock needs to break and hold 15.22 to confirm. A breakout could take ESI much higher as the chart shows little resistance.

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Today's action in Research In Motion Ltd (NASDAQ:BBRY) confirms my opinion that the current rally has legs. The stock broke and closed above the 20 and 50EMAs giving a bullish signal. We should be able to see some decent upside movement for the bulls here.

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Ford Motor Company (NYSE:F) broke a key resistance level today, pointing the way for further move up. Technical indicators such as MACD is confirming the upside movement and the volume was significantly higher compared with last two days. Next major resistance level to watch is up at $13.58

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Charter Communications, Inc. (NASDAQ:CHTR) is flagging near resistance. Only a move above $107 could trigger a sharp move higher. The level to watch on the downside is $102.57, which if breached could lead to a retest of the $100 level.

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American International Group Inc (NYSE:AIG) Breaking out to new highs. Looks good for higher prices.

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Equinix Inc (NASDAQ:EQIX) Volume starts to pick up. Could make a nice move to the upside. Keep it on your watch list. A break of $223 with force might give EQIX room to $231

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: AIG, BBRY, CHTR, EQIX, ESI, F

22:42 | Permalink |

Stocks to Watch for April 23, 2013

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Pharmacyclics, Inc. (NASDAQ:PCYC) had a nice breakout today with a pop of $4.17 to 81.69 or 5.38% on 959K shares, the biggest volume in a couple weeks. The heavy buying makes this an interesting situation and one worth watching on Tuesday. The technical daily chart above suggests that stock might find now resistance at $85. Only a close above this level would suggest further upside. Remain invested with a stop loss at $71.8

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To me Research In Motion Ltd (NASDAQ:BBRY) still looks poised to break higher. A move above 14.2 would confirm the breakout, with an initial target of 15.55 and secondary target of 16.01. Stop is at 13.07. The uptrend is definitely intact awesome medium-term hold.

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SUPERVALU INC. (NYSE:SVU) Over 5.42 for a breakout trade.

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Tesla Motors Inc (NASDAQ:TSLA) recorded a new 52-week high today above 50. The stock has been one of the most amazing runs of the past six weeks. I'll be watching the stock on Tuesday, looking for a follow through move. At this point, we have to start thinking about just how high TSLA will go. As long as the stock stays above 45.93, the short-term bullish scenario still intact.

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The Cheesecake Factory Incorporated (NASDAQ:CAKE) is slowly recovering. The 38.5 area is a critical resistance region that can determine overall bias for the stock in short-term.

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Cott Corporation (NYSE:COT) potential breakout candidate.

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, CAKE, COT, PCYC, SVU, TSLA

22:46 | Permalink |

9 Technical Setups for the Week Ahead

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Research In Motion Ltd (NASDAQ:BBRY) As you can see from the chart above, the short-term outlook is sideways, while the 200-day exponencial moving average still supports. The medium-term outlook is bullish and my model is long. BBRY has the opportunity to start new rally as %K line is again back above %D line. If it breaks above 14.21, then it can easily climb to 16 or above.

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Google Inc (NASDAQ:GOOG) crossed its immediate resistance on Friday. It has a good base at $760 which can be used as a stop loss for long position. On the upper side, the move is likely to accelerate above $809. Long setup.

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InterDigital, Inc. (NASDAQ:IDCC) closed below its 200-day exponencial moving average at $40.45 again. Generally, this is a bearish indication. Only a close above this key level would suggest recovery.

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Very bullish action on Celldex Therapeutics, Inc. (NASDAQ:CLDX) this week. The stock firmed around 12-12.3 and then broke out with two days of high volume. Looks good for higher prices.

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Keryx Biopharmaceuticals (NASDAQ:KERX) looks like it is getting ready to move. The stock had a nice move on Friday and I am looking for it to continue next week. I am buying KERX once it breaks above Friday’s high of $8.06 on the continuation move. The technical chart above shows the stock is on a strong bull market as the stock is trading above 50-day and 200-day moving averages with both pointing upwards.

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Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) is screaming for a bounce opportunity and I think we can see some nice moves next week. Keep on watch.

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Lions Gate Entertainment Corp. (USA) (NYSE:LGF) is trading near its all time high. Buy only when the stock breaches $24.15. Once the stock breaks this level, we should see a strong upside move. LGF will move very quickly, so keep the stock on your screen throughout the day on Monday.

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The chart of Pharmacyclics, Inc. (NASDAQ:PCYC) is now much improved after Friday’s action. The stock starts showing buy signals again. The MACD has reversed again the course and stock finally closed above its 13-day exponential moving average, usually this is a short-term Bullish signal. Wait for it to break 78.45 on heavy volume or buy on the pullbacks above 71.85 with it as a stop.

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Santarus, Inc. (NASDAQ:SNTS) Keep an eye on this one, looks poised to break out and run higher.

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, CLDX, GOOG, IDCC, KERX, LGF, PCYC, RIGL, SNTS

18:25 | Permalink |

AC Investor Blog

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

Tuesday, April 30, 2013

Stocks to Watch for May 1, 2013

Monday, April 29, 2013

Stocks to Watch for April 30, 2013

Friday, April 26, 2013

Top stock picks for next week

Thursday, April 25, 2013

Stocks to Watch for April 26, 2013

Wednesday, April 24, 2013

Stocks to Watch for April 25, 2013

Tuesday, April 23, 2013

Stocks to Watch for April 24, 2013

Monday, April 22, 2013

Stocks to Watch for April 23, 2013

Saturday, April 20, 2013

9 Technical Setups for the Week Ahead

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