AC Investor Blog: 07/01/2013

Stocks to Watch for August 1, 2013

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YRC Worldwide, Inc. (NASDAQ:YRCW) Nice jump out of the bull flag today. Technicals look good. Watch for a good follow through day.

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Phillips 66 (NYSE:PSX) Big bullish engulfing candle on expanding volume today. Looking good to go higher. Wednesday’s high of $61.97 is resistance for the next upside move. If the stock can break through this level, we should see a strong move. PSX can be a good trading stock, so keep it on your radar for the next few days.

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Tesla Motors Inc (NASDAQ:TSLA) As long as the stock holds above the $122.83 support level the intermediate-term picture should remain positive. Fresh exposures may be considered on a move past $137.49, with a stop-loss at $128.20.

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Canadian Solar Inc. (NASDAQ:CSIQ) Breaking out to the upside from its recent consolidation. This one looks like it wants higher to me. Stop 12.99

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Facebook Inc (NASDAQ:FB) As expected the stock pulled back after a strong move to new highs. I think it needs to work its overbought conditions, before start a new rally.

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ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) Stalking. Consolidation at highs continues, 20,68 resistance higher, support at 18.47 and 17.45 below.

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, CSIQ, FB, PSX, TSLA, YRCW

22:07 | Permalink |

Stocks to Watch for July 31, 2013

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Las Vegas Sands Corp. (NYSE:LVS) had a nice rebound a few weeks ago and has been consolidating here. The stock is displaying upside momentum again and is poised to move higher from these levels. Nearest resistance is at $56.55. If this level is crossed and the stock is able to sustain above this level, then it might go to $60. On the technical side, chart also indicates bullish sign as the 20-day exp moving average has crossed above 50-day exp moving average with AC/DT line going up and MACD in positive territory. Stop 53.85

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The longer-term daily chart is still looking bullish but there are signs of weakness. The stock price formed a small rounding top pattern and dropped to the 240 level where it appears to be getting support. The 50-day exp moving average is currently at 232.66, which is just below the support level of 240. A drop below this support will form a bearish pattern which can open the doors to a deeper correction. The technical daily indicators are beginning to look bearish. The MACD is below its signal line and the RSI is about to drop below 50. The short-term trend is bearish and a move to the 50-day EMA appears likely IMHO

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Facebook Inc (NASDAQ:FB) Technical indicators are in extreme overbought conditions. Use dips to add.

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NVIDIA Corporation (NASDAQ:NVDA) The near-term trend is slightly bearish and the stock faces a strong resistance at 14.80. A close above this range is a pre-requisite for the reversal of the bearish trend.

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Inovio Pharmaceuticals Inc (NYSEMKT:INO) broke out from a sidewards movement with huge volume creating a significant amount of bullish potential. The technical chart above shows very strong upward momentum as the stock is above the 20/50 and 200-day exp moving averages. All indicators still point to a bull market. Keep INO on your radar for Wednesday’strading day.

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American Axle & Manufact. Holdings, Inc. (NYSE:AXL) Potential breakout play. Watching over 19.71 with resistance at 19.81.

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: AXL, FB, INO, LVS, NFLX, NVDA

22:09 | Permalink |

Stocks to Watch for July 30, 2013

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Bullish signal on increased volume. ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) can potentially set-up very well for a swing-trade if it breaks through the resistance level at $20.68. There could be good upside in this trade, so watch the stock closely tomorrow.

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Intrepid Potash, Inc. (NYSE:IPI) is on my watch list. The EMA200 at 19.77 is pretty much the pivot here. If that breaks, we could see 20.5 quickly. From a technical standpoint, the chart looks positive as 20-day exp moving average has just crossed on top of 50-day exp moving average. Lets keep an eye on it.

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Strong day in down market. Agrium Inc. (USA) (NYSE:AGU) needs to take out $93.67 (EMA200). The break of the resistance line with heavy volume should be the next buy point on AGU.

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Himax Technologies, Inc. (NASDAQ:HIMX) Stalking. The stock is forming a likely Cup & Handle pattern with breakout area around 7.85

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, AGU, HIMX, IPI

22:03 | Permalink |

Stocks to Watch for July 29, 2013

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Groupon Inc (NASDAQ:GRPN) A breakout above the 9.43 resistance level would lead to an initial target in the 10 area, its high from June 2012 and then to levels not seen since mid-2012. Daily technical indicators are bullish. The technical indicator MACD is below its signal line but in positive territory. The RSI has moved above its 65% level and A/D line is on the rise. Additionally, the 50-day EMA has crossed above the 200-day EMA lately (Golden cross) and the stock is trading above all three EMAs. Long setup. Stop 8

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Lions Gate Entertainment Corp. (NYSE:LGF) is poised to break out of a consolidation pattern. Watch for a break above $33.35 with power.

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Uranium Resources, Inc. (NASDAQ:URRE) successfully close above its 200-day exp moving average on very impressive money volume. This is a very bullish development. Short-term technical indicators are strong. If the stock can break today’s high of $4.31, we should see a strong follow through move.

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BioMarin Pharmaceutical Inc.(NASDAQ:BMRN) is moving sideways in a narrow range with a slight bias to the upside. A break out on either side of this range will decide the stock direction.

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QLogic Corporation (NASDAQ:QLGC) on watch for a clear of resistance...struggling to breakout. Note: Bearish MACD crossover.

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Questcor Pharmaceuticals Inc (NASDAQ:QCOR) had another very productive day as we saw gains of over 4%. The stock hit a high of $50.61, which is resistance for the follow through move. The medium-term trend is bullish as the stock is above 20/50/200-day exp moving averages with all moving averages going up. You should watch this stock closely on Monday.

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: BMRN, GRPN, LGF, QCOR, QLGC, URRE

22:19 | Permalink |

I'm on vacations !!

It’s a quick post just to let you know that I will be in vacations from today till July 25th. During the next 3 weeks I’ll have finally some time to reply all emails, so email me at antonio.costa (at) gmail.com. I apologyse to all those that along the weeks have sent me emails for which I have not replied in real-time, that’s not my intention, but my time is really very limited to allow to reply to the quantity of emails that sometimes receive in simultaneous.

All the best,

AC

16:46 | Permalink |

Bullish set-ups to watch next week

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Sarepta Therapeutics Inc (NASDAQ:SRPT) is currently showing a bullish ascending triangle pattern putting pressure on the 41 level. If it breaks out of the ascending triangle, target price is around 50. Triangles tend to be continuation patterns and in this particular case, the break out is likely to be in the direction in which the stock was headed before entering the triangle. From a technical standpoint, indicators are sending bullish signals. The MACD is above the signal line and the RSI & Slow stochastic are both rising above their 50% levels. Additionally, the stock price is above all major EMAs. Watch for a close above 41. It could mean further upside for the stock. On the down side, the 50-day EMA should provide support.

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Health Management Associates Inc (NYSE:HMA) is flagging in the 15-16 area after a breakout from the 14 level in the last month. Watch for a break of 16.41 to continue the uptrend.

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Canadian Solar Inc. (NASDAQ:CSIQ) has been flagging bullishly just above 12. A break above 12.19 could move the stock to 13.34 and then 14.29 next.

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SunPower Corporation (NASDAQ:SPWR) broke out last week on solid volume. Technically, the stock is in a short-term Bull Market with share price above 9, 13, 20, 50 and 200 daily exp moving averages. Let's see if Monday the stock will confirm the breakout. Short-term investors can buy with a stop at $23.76 and long-term investors can hold with a stop at $18.37. Let's keep an eye on it as i think momentum will pick up.

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Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) had a significant bullish momentum on Friday. The major reistance has been violated to the upside, confirms the bullish continuation targeting 4 in nearest term. Upside volume is returning to the stock. Selling volume has been light while accumulation days have been heavy. So, keep your eyes on YGE and watch it trade next week !

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LDK Solar Co., Ltd (ADR) (NYSE:LDK) The technical daily chart indicates that stock seems to be stabilizing. The volume has been quite modest, however the stochastics are oversold which could power the rally that I think is coming. The stock will now be facing some resistance located between $1.43 - $1.50. A close above 1.61 would be very bullish. Stop 1.28

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JinkoSolar Holding Co., Ltd. (NYSE:JKS) shares finally broke out above their previous high in May. The big picture has drastically changed now, the medium term trend remains bullish and in shorter time frames the stock has just breached the horizontal resistance line confirming a breakout. As long as the stock trades above $10 I will be looking for long opportunities.

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: CSIQ, HMA, JKS, LDK, SPWR, SRPT, YGE

16:20 | Permalink |

Stocks to Watch for July 05, 2013

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Procera Networks Inc (NASDAQ:PKT) had another strong bounce off 50-day EMA and price level support. Technical indicators are showing mixed signs. The bullish signal is coming from the MACD which is poised to cross above the signal line and this may spur further buy signals. Watching for a move out of its current trading range. With the low float and current corporate turnaround, this stock will be one to watch in the second half of 2013.

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Starbucks Corporation (NASDAQ:SBUX) broke resistance but closed below. Buy if resistance at 67.68 is broken with volume preferable above 5M shares. Possible target price of around 70. Daily technical indicators are turning bullish. The MACD has moved above its signal line in positive territory and RSI has moved up to its 50% level.

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TD Ameritrade Holding Corp. (NYSE:AMTD) has a chart set to breakout. As of current, the MACD has crossed above the signal line, triggering a buy for the short term. Breakout watch over $24.86

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Rambus Inc. (NASDAQ:RMBS) The chart looks really bullish, with the stock breaking out of a recent trading range on Wednesday. Rambus is a volatile stock, so investors should use stop-loss orders to protect profits.

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Keep an eye on Domino's Pizza, Inc. (NYSE:DPZ) and monitor its volume for any potential breakouts. If the stock can manage a breakout above its psychological resistance line at $61 on high volume, it would be a great buying opportunity but only on a breakout.

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Cabot Oil & Gas Corporation (NYSE:COG) has been trading sideways for two months and appears immediately ready to break out on the upside. Daily technical indicators are showing some signs of strength. The MACD is above its signal line in positive territory and the RSI has moved 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: AMTD, COG, DPZ, PKT, RMBS, SBUX

22:01 | Permalink |

Stocks to Watch for July 03, 2013

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The Kroger Co. (NYSE:KR) seems to have broken out of a consolidation pattern on a above avaearge volume and appear ready for more gains. Target price of this formation would be above $38. From a technical standpoint, the MACD is indicating a bullish signal as it is above the signal line and at the same time above the center line. The RSI also is above 50 and stochastics is going up. 34.03 is its support level.

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KLA-Tencor Corporation (NASDAQ:KLAC) stock price is still contained within a large ascending triangle pattern with resistance around 57. That resistance level is the area to watch closely and a close above with volume is a strong buy signal.

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Ross Stores, Inc. (NASDAQ:ROST) Stalking. It's a buy on a break of 66.42 with solid volume. Technicals looking Bullish here. All EMA's are moving up and providing support.

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Qihoo 360 Technology Co Ltd (NYSE:QIHU) had a significant bullish momentum last week but the stock price is now struggling near the highs. Consistent move above $49 could be a beginning of a new leg up. Immediate support is at 45.92 followed by 44.97.

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Xerium Technologies, Inc. (NYSE:XRM) If the stock can manage a breakout above 11.25 on high volume, it would be a great buying opportunity but only on a breakout. Keep it on your watch list going forward.

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: KLAC, KR, QIHU, ROST, XRM

22:23 | Permalink |

AC Investor Blog

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

Wednesday, July 31, 2013

Stocks to Watch for August 1, 2013

Tuesday, July 30, 2013

Stocks to Watch for July 31, 2013

Monday, July 29, 2013

Stocks to Watch for July 30, 2013

Friday, July 26, 2013

Stocks to Watch for July 29, 2013

Wednesday, July 10, 2013

I'm on vacations !!

Saturday, July 06, 2013

Bullish set-ups to watch next week

Thursday, July 04, 2013

Stocks to Watch for July 05, 2013

Tuesday, July 02, 2013

Stocks to Watch for July 03, 2013

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