AC Investor Blog: 01/01/2014

Stocks to Watch for January 31, 2014

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XG Technology Inc (NASDAQ:XGTI) The Technical chart above shows a stock that is right on the cusp of a BIG BREAKOUT. On the daily chart this one looks great. A breakout over 2.20 on heavy volume is a strong buy, targetting first resistance at 2.81. The MACD oscillator is above zero and above its trigger, showing strength for the price to continue its upward path. Additionally, the accumulation/distrubtion indicator shows a sharp break to the upside that means Market Makers are snapping up shares. All technical signs are pointing to a nice rally from here.

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Comcast Corporation (NASDAQ:CMCSA) The stock price has been holding in a tight range and looks poised for a break to the upside. Go long over 54.65.

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Inovio Pharmaceuticals Inc (NYSEMKT:INO) Looks like building a base for the next up move. I would look for a move up to $3 resistance in the coming days. The MACD is curling up and about to cross.

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AuRico Gold Inc (NYSE:AUQ) Looks to have a bull flag pattern on it here after a couple of powerful days into it. Next buy point would be on the day the stock blows through $4.80 on heavy volume.

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DexCom, Inc. (NASDAQ:DXCM) broke out of the pattern on heavy volume. The stock was a buy today, it looks real good here. Daily technical indicators are bullish. The MACD is above its signal line and both are moving up in positive territory. RSI and slow stochastic are both near their overbought zones. Long setup.

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: AUQ, CMCSA, DXCM, INO, XGTI

22:50 | Permalink |

Stocks to Watch for January 30, 2014

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Gevo, Inc. (NASDAQ:GEVO) performed well today, closing up 10% on heavy volume and I expect to see a continuation move tomorrow. First resistance is now located at $1.40, which reflects its 50-day EMA. Once the stock breaks resistance, I expect to see the buyer push the stock higher. The daily technical indicators are reversing up and are advocating for a technical rebound. Long setup.

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Stereotaxis Inc (NASDAQ:STXS) The stock looks to be forming a Cup-and-Handle pattern on daily, with the handle not yet formed. The bias is Bullish in nearest term. A break above 5.85 on a close basis should be seen as a serious threat for the stock to test the highs of October. Immediate resistance is seen at 5.4/5.52 area.

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Onconova Therapeutics Inc (NASDAQ:ONTX) showed buying strength all day on Wednesday. The stock price is on the verge of breaking out and it could happen soon. The volume dramatically increased as the stock ran to near its major resistance, showing us there are buyers watching the stock. If it breaks 13.90 the stock will absolutely fly into the 15's right away.

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Illumina, Inc. (NASDAQ:ILMN) broke out to all-time highs during today's session to $154.99 per share, however in the final hour the stock price retracted closing at $146.67. Let's see if tomorrow the stock will confirm intraday breakout.

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Prothena Corporation PLC (NASDAQ:PRTA) Setting up nicely for new highs. MACD starting to point up. Long setup.

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: GEVO, ILMN, ONTX, PRTA, STXS

22:50 | Permalink |

Stocks to Watch for January 29, 2014

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Adamis Pharmaceuticals Corp (NASDAQ:ADMP) closed today $6.81 (Up 1.81%) and was trading on high volume, after the company's stock received a price-target boost to $15 by an analyst at CRT Capital ( Full report HERE ). Based on the stock's price at $6.81, this implies a potential upside of 125% from current levels. From a technical standpoint, MACD and CMF showing positive signals and the RSI is above the 50% level. ( 2h chart).

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Keep an eye on Polycom Inc (NASDAQ:PLCM). The stock looks poised to break out and run higher.

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American Realty Capital Properties Inc (NASDAQ:ARCP) Good long setup if the stock takes out the 14.23 level on volume.

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The daily chart of The Kroger Co. shows a bullish engulfing candle, a potential double-bottom pattern and bullish Stochastic signal. Watch for a follow through day tomorrow and consider a stop just below 35.75

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SemiLEDs Corporation (NASDAQ:LEDS) Had a nice breakout today with a pop of 26c to 1.44 or 22% on 1.1 million shares. Technical chart shows a bullish sign as the stock is back on top of 200-day exp moving average with MACD rising and in positive territory.

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: ADMP, ARCP, KR, LEDS, PLCM

22:49 | Permalink |

Stocks to Watch for January 27, 2014

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I alerted readers and twitter followers to Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) as a possible breakout play several times last week. After drifting for weeks, the stock finally broke out of a consolidation with a large volume on Friday and reached a new three-month high. Due to the overbought readings I took profits and will wait for a pull-back to reenter.

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WidePoint Corporation (NYSEMKT:WYY) slumped again on Friday, hitting its lowest level in more than four weeks. The stock closed just above the 1.42 level 50EMA. I believe now is the time to start trying to catch this knife with a tigh stop loss. Some technical indicators such as CMF and A/D remain strong. Any bounce from here could move to 1.75. Let's see if that happens on Monday. The potential growth of the company is very attractive.

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Zogenix, Inc. (NASDAQ:ZGNX) stalking. I would like to see this stock close over 4.55 before getting involved. Both MACD and RSI are not showing any signs of weakness yet. As long as the stock trades above $4.17 EMA13, the short-term trend is considered intact.

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Superconductor Technologies, Inc. (NASDAQ:SCON) is pulling back on low-volume. I'm currently accumulating the stock. OBV indicator remains pointing upward.

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Oncolytics Biotech, Inc. (NASDAQ:ONCY) is forming a rounding-bottom on the daily chart. This is a medium-term reversal pattern. 1.74 EM9 zone keeps holding the upside. Technical indicators have turned slightly bullish with MACD crossing over the zero-line. 1.91 level in the daily seems to be capping the upside for now. A clear break above this level should take the price up to 2.2-2.30 area. Long setup.

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Microsoft Corporation (NASDAQ:MSFT) Broke out of the downtrend line in place since December as well as its 50-day EMA yesterday. The strong volume that accompanied the breakout is very bullish for the stock. The MACD has just issued a buy signal. The push should continue for the days, if not weeks ahead. Worth watching next week.

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Vringo, Inc. (NASDAQ:VRNG) Potential breakout play next week. Watching over 4 with resistance at 4.14. The MACD has inched higher and moved away from the zero line, which is very Bullish. Keep it on watch.

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Keryx Biopharmaceuticals (NASDAQ:KERX) is on my watch list for next week. The stock price can potentially set-up well for a swing-trade, if it breaks through the key resistance level at 16.18.

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: ARIA, KERX, MSFT, ONCY, SCON, VRNG, WYY, ZGNX

11:20 | Permalink |

Stocks to Watch for January 24, 2014

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Novavax, Inc. (NASDAQ:NVAX) Consolidation below highs. I'd be cautious here as the stock price needs to work the overbought conditions. Only a break above the highs of 6.49 would suggest further gains.

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Equinix Inc (NASDAQ:EQIX) brokeout from a symmetrical triangle pattern with a very large volume. The target price for the stock is around 190. Watchout for upcoming resistance at 185.44, which is a previous high.

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Oncolytics Biotech, Inc. (NASDAQ:ONCY) There is a possible rounding bottom formation on daily charts and for the short-term it can target levels of around 2.12. From a technical standpoint, the MACD is about to cross above 0 and the RSI is gaining momentum. Long setup.

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Quicksilver Resources Inc (NYSE:KWK) On my watch list. 3.26 is the pivot here. If it breaks, we could see 3.54 quickly.

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Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) has recently been trading high volume and is about to test resistance at 7.75 which is the previous high. If that break occurs, the stock price should be ripe for a long trade. All technicals are bullish and the short term outlook continues to look bullish.

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Apple Inc. (NASDAQ:AAPL) held up well today in a weak market. Technicals are now positive and its MACD just produced a new buy signal. If it breaks its recent high of 560.2 go long. Stop 539.91

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: AAPL, ARIA, EQIX, KWK, NVAX, ONCY

22:53 | Permalink |

Stocks to Watch for January 23, 2014

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Neptune Technologies & Bioressources-Ord (NASDAQ:NEPT) broke out of a flag pattern to the upside on expanding volume. Long positions can be considered with a stop loss of 3.03 on daily closing basis. Initial targets are 3.65 and 3.96. The MACD is rising and still in the positive zone. Long setup.

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Broadcom Corporation (NASDAQ:BRCM) broke through resistance at $29.75 accompanied with high volume. The stock price hit a high of $30.25, which is now resistance for Thursday’s continuation move. If the stock can break through resistance, we should see another strong upside move. BRCM will move very quickly, so watch the stock closely.

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Amgen, Inc. (NASDAQ:AMGN) On my swing long list. Strong Breakout. The technical daily above chart is still showing buy signal with stock trading above 50-day and 200-day exp moving averages with MACD on top of signal line in positive territory and %K line on top of %D line. Watch for next leg up. Long setup.

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Office Depot Inc (NYSE:ODP) Like it over 5.10 (50EMA)

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CombiMatrix Corporation (NASDAQ:CBMX) Strong bullish engulfing candle on the daily. Watch for a follow through day tomorrow. Next major resistance lies at 3.28.

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: AMGN, BRCM, CBMX, NEPT, ODP

23:07 | Permalink |

Stocks to Watch for January 22, 2014

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Seabridge Gold, Inc. (NYSE:SA) The stock price brokeout from an ascending triangle with solid volume. Target price is at 9.60. Watch out for the resistance at $9 (100EMA) if this level is breached with high volume, then the stock price would be heading towards its target at 9.60. From a technical standpoint, the MACD is rising in positive territory indicating that the uptrend is intact and the AC/DT line is now signalling an upwards trend. The Parabolic SAR indicator continues with its buy signal. Long Setup.

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Allied Nevada Gold Corp. (NYSEMKT:ANV) Watch Wednesday's action for a possible breakout over $5.10

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Altisource Residential Corp (NYSE:RESI) is still coiling just under $35 and appears about ready to make a new breakout soon. Hold the stock with a stop at $32.55 (EMA9)

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Southwestern Energy Company (NYSE:SWN) is threatening to break through the 40.39 resistance level which would be a very bullish sign. The stock price has been strong over the past weeks, so watch it closely the next few trading sessions.

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Zuoan Fashion Ltd (NYSE:ZA) Daily chart is suggesting the stock should continue its run higher. Trading volumes have increased in the last three sessions, indicating sustainability of the up move. In addition, the MACD is above its signal line but in the negative terriroy, however is almost at the verge of turning upwards, indicating that the stock price might be bottoming out. Upside targets are 2.09, 2.34 and 3.62 which are the October spike highs. ZA is a solid China stock with a strong cash flow. Long setup.

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Gogo Inc (NASDAQ:GOGO) could be in the early stages of a technical breakout. If the stock can break through 25.20, expect to see heavy volume drive the stock higher. Plus, the MACD is crossing up through the signal line.

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Facebook Inc (NASDAQ:FB) may be close to breaking to new highs. At this stage, it is 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 $59, with a stop-loss at $56.15 (20EMA).

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: ANV, FB, GOGO, RESI, SA, SWN, ZA

09:01 | Permalink |

Stocks to Watch for January 21, 2014

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The stock price of Onconova Therapeutics Inc (NASDAQ:ONTX) could see a nice rally just based upon the current daily charts. The daily indicators are strengthening and the fast moving daily MACD has crossed over the Slow moving MACD with positive divergences. In addition, +DI crossed over -DI, which is bullish. So, key momentum oscillators are showing some promising signs.The 50-day EMA sits at $14.14 and the 100-day EMA is at $17.92, a lot of room to go higher. This stock is also a short squeeze candidate. Right now, 1.456 million of the company's outstanding shares are shorted, equivalent to 41.98% of float. This stock deserves watching going forward.

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Stemline Therapeutics Inc (NASDAQ:STML) Ended the week with a 39% BANG. The stock closed at $30.44 with a gain of 39.5% over Thursdays close. Congratulations to everyone who profited. It is just another good example of how stocks can rally after they have fallen sharply ;)

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Stereotaxis Inc (NASDAQ:STXS) strong bullish bar on Friday with a close near the highs of the day. Expecting continuation toward 5.85

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BlackBerry Ltd (NASDAQ:BBRY) Strong bullish engulfing day on high volume, likely continuation next week. The stock price continues to trade well above its key short-term EMAs. The MACD still indicating an up-move and the ADX is supporting this up-move. Long setup. Next key resistance lies at 9.37...above that level expect a massive short squeeze.

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Atmel Corporation (NASDAQ:ATML) nice bounce off 9-day EMA within a well formed bull flag. The stock price continues to trade above its key EMAs. Keep an eye for a possible breakout over 8.81

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Revett Minerals Inc (NYSEMKT:RVM) saw its shares surged almost 17% to 82c per share on Friday, closing above key resistance levels. The last time the stock price had a solid breakout in the 80c range, it doubled within 4 weeks. With technical daily chart showing strength, as MACD is above signal and RSI above 70, we could see this stock going strong for a while. It doesn't look to be too late to join the party :)

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Merck & Co., Inc. (NYSE:MRK) building a flag chart pattern, looking for a move through 53 and toward new highs. The ADX is signalling an upwards trend but the momentum slowing down. The MACD continues with its buy signal. Long setup.

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Cell Therapeutics Inc (NASDAQ:CTIC) Eight straight days closing in the green, indicate an extreme overbought condition, which could be solved with some profit taking in the coming sessions. It has almost doubled in value this year. The long-term trend is bullish, as the stock price is on top of both 50-day and 200-day exp moving average, with both moving averages going up. However as RSI is at overbought level (90) the risk of correction has increased. A pullback at this point would be healthy for the stock, because it would reignite some sideline cash imho.

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: ATML, BBRY, CTIC, MRK, ONTX, RVM, STML, STXS

16:46 | Permalink |

Stocks to Watch for January 17, 2014

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WidePoint Corporation (NYSEMKT:WYY) closed strong on Thursday, as the stock ended the day at highs. The technical daily chart shows a continuation of the trend with MACD and RSI in the Bullish areas. This stock is on the top of my watch list due to the recent price action, volume and momentum.

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Biotech stocks continue to move higher and GTx, Inc. (NASDAQ:GTXI) is getting ready to retest September highs. The stock hit $2.36 on September 20th 2013, which is resistance for its next move. The daily chart of GTXI suggests a strong confidence in stock, a clear uptrend momentum. The accumulation/distrubition indicator is also tredning higher. Long setup. Stop 1.72

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The stock price of Baxano Surgical Inc (NASDAQ:BAXS) looks strong enough to move forward. The recent increase in trading volume and the rising OBV suggests buyers are accumulating the stock. A breakout above $1.35 would constitute a technical entry point for the short-term trader, looking for a quick trade.

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Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) The chart is showing a slightly bullish bias. Let’s see whether the stock price can gather enough momentum to break through 6.97. If the Bulls are able to push through this level, there will be another rally towards 7.75.

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Stemline Therapeutics Inc (NASDAQ:STML) The stock price is showing signs of a potential reversal trend. Looking for a breakout above 22.23

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Super Micro Computer, Inc. (NASDAQ:SMCI) The stock broke resistance on Thursday, which should be the start of another upside move. Resistance is $18.19, which reflects Thursday’s high of the day.

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Teck Resources Ltd (NYSE:TCK) needs to take out 26.21 in order to convince bullish buyers at these levels.

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: ARIA, BAXS, GTXI, SMCI, STML, TCK, WYY

23:14 | Permalink |

AC Investor Blog

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

Thursday, January 30, 2014

Stocks to Watch for January 31, 2014

Wednesday, January 29, 2014

Stocks to Watch for January 30, 2014

Tuesday, January 28, 2014

Stocks to Watch for January 29, 2014

Saturday, January 25, 2014

Stocks to Watch for January 27, 2014

Thursday, January 23, 2014

Stocks to Watch for January 24, 2014

Wednesday, January 22, 2014

Stocks to Watch for January 23, 2014

Stocks to Watch for January 22, 2014

Saturday, January 18, 2014

Stocks to Watch for January 21, 2014

Thursday, January 16, 2014

Stocks to Watch for January 17, 2014

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