AC Investor Blog: 02/01/2014

Stocks to Watch for February 28, 2014

( click to enlarge )

Arotech Corporation (NASDAQ:ARTX) has been consolidating in a flag formation over the last 2 months after a strong rally in late-November and December. Today, the stock broke out of the flag pattern and closed up 30 cents to 3 with high volume. A move above 3.07 would confirm the breakout and could lead to 3.5 initially and then 3.98, my secondary target. Stop-loss would be 2.55. The technical daily chart above shows this is a great time to buy, as the stock price is now on a uptrend with RSI back above 50% level and MACD rising. Now with stock back above 50-day and 200-day MA there should be more upside coming for the stock.

( click to enlarge )

Violin Memory Inc (NYSE:VMEM) shares surged more than 6.5 percent accompanied by a strong volume expansion. The price can move up to 5-5.50 in the short-term. Good base building around 3.80.

( click to enlarge )

Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) also looks great. $9.22 is an important resistance that once broken will set off a huge run up in stock, the 1st target would be $9.83 which is the high of January.

( click to enlarge )

Goldman Sachs Group Inc (NYSE:GS) Still watching it, especially after todays action. The 50-day exponential moving average needs to be broken as resistance for some momentum to pick up.

( click to enlarge )

FuelCell Energy Inc (NASDAQ:FCEL) hit a new 52-week high today, trading as high as $1.96, before settling at a close of $1.92. I'll be watching the stock on Friday, looking for a follow through move. Resistance reflects today’s high of $1.96. Keep an eye on FCEL because there is good upside in this stock.

( click to enlarge )

Old alert. Pfizer Inc. (NYSE:PFE) recorded a new high in today's session. Short-term outlook for the stock is bullish. The technical daily chart looks Bullish with both 20, 50 and 200 exp moving averages going up and MACD on top of 0.

( click to enlarge )

XOMA Corp (NASDAQ:XOMA) possible bull flag in its first step off of a bottom at 8.84. It looks very good, so I'll be looking forward to seeing a breakout.

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, ARTX, FCEL, GS, PFE, VMEM, XOMA

22:38 | Permalink |

Stocks to Watch for February 27, 2014

( click to enlarge )

Sociedad Quimica y Minera de Chile (NYSE:SQM) made a bullish engulfing candle today and closed near the highs of the day. A break higher above 28.84 could spark another round of momentum buying.

( click to enlarge )

BG Medicine, Inc. (NASDAQ:BGMD) had another very productive day as we saw gains of over 7% on high volume and I believe it has more room to run. The MACD-Histogram has been sloping up and the MACD fast line and RSI are both rising, indicating bullishness. I definitely like the way its trading now and at some point I think it will leap over $1.70.

( click to enlarge )

Nuverra Environmental Solutions Inc (NYSE:NES) has been on a nice uptrend recently and could be ready to breakout after strong volume in the last two trading sessions. I wouldn't be surprised to see this stock trade back to $18 or better in the short term.

( click to enlarge )

Rosetta Genomics Ltd.(NASDAQ:ROSG) is close to attempting another breakout. This strength is confirmed by price movement as well as two momentum indicators. MACD and RSI show buy signal as the MACD is above signal line and RSI still above its 50% level. The stock can be a good buy, with 3.50 as closing basis stop-loss.

( click to enlarge )

Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) shares closed higher for the third consecutive day on very impressive money volume. The trend continued higher based on the strong technicals. On the daily chart, the RSI is showing overbought levels, suggesting prices could face increasing resistance, so a pullback in the stock should be considered a buying opportunity as it is clearly above its 50-day exponential moving average.

( click to enlarge )

Standard Pacific Corp. (NYSE:SPF) A breakout above $9.16 would constitute a technical entry for the short term trader looking for a quick trade. Technicals are showing bullish signals supported by positive MACD and ADX indications.

( click to enlarge )

Zynga Inc (NASDAQ:ZNGA) broke out on good volume. The stock hit a high of $5.34, which is resistance for the follow through move. You should watch this stock closely on Thursday.

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: BGMD, FNMA, NES, ROSG, SPF, SQM, ZNGA

22:28 | Permalink |

Stocks to Watch for February 26, 2014

( click to enlarge )

Cameco Corporation (NYSE:CCJ) Today the stock made a strong move to the upside, closing near the highs. The stock is setting up to break out and has one more level to go, which is $23.19.

( click to enlarge )

Oncolytics Biotech, Inc.(NASDAQ:ONCY) technical daily chart looks really good. The stock has been in a nice uptrend for the last three weeks and it looks very strong with the 20-day exp. moving average going up. ADX is also indicating that the current short term price trend is very bullish. In addition, the MACD is increasing, indicating positive momentum. The price can head towards the $1.75-$1.8 zone. If this zone is surpassed, getting to $2 would be a possibility.

( click to enlarge )

BlackBerry Ltd (NASDAQ:BBRY) had a very nice day today as it broke out from a nice bull flag formation with high volume. All major EMAs are rising and the stock is trading above them. Bulls will regain complete control when the stock closes above its January top. Technical indicators are bullish.

( click to enlarge )

Uranerz Energy Corp. (NYSEMKT:URZ) tried to break out today but failed. Volume patterns good, keep an eye on it the next few days.

( click to enlarge )

Denison Mines Corp (NYSEMKT:DNN) had a very nice day today, breaking out above the $1.46 level on heavy volume. As long as it can hold this level, it looks good.

( click to enlarge )

Plug Power Inc (NASDAQ:PLUG) On watchlist no trigger yet. Long above $4.20. If the stock can break through this level, buy the stock and watch it take off. There is plenty of accumulation on daily chart. Stop now located at 3.49

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, CCJ, DNN, ONCY, PLUG, URZ

22:21 | Permalink |

Stocks to Watch for February 25, 2014

( click to enlarge )

The Blackstone Group L.P. (NYSE:BX) broke through key resistance level accompanied with high volume today, but didn't have much momentum behind the move, so keep an eye on it to see if tomorrow will confirm intraday breakout.

( click to enlarge )

Tiger Media Inc (NYSEMKT:IDI) is a stock that could head higher from Monday's close. This stock is in the process of bottoming and I expect a pop above $1.60 at some point in the coming days. From a technical standpoint, the indicator MACD still moving upwards after the bullish crossovers and the OBV continues to show strong accumulation. Keep IDI on your radar, as we could be in for a real surprise if momentum picks up and the stock begins to breakout.

( click to enlarge )

Advanced Micro Devices, Inc. (NYSE:AMD) continues to consolidate in a very tight range. What makes this stock interesting is that the range continues to shrink as the stock price hold up near the top of the range. This stock is poised for a move and we're going to be there when it happens. I suspect that it will explode to the upside.

( click to enlarge )

NVIDIA Corporation (NASDAQ:NVDA) is too extended for additional positions here. If you are a disciplined trader, wait for a pull back to decide. A good entry point for a long position would be around $17.55

( click to enlarge )

Molycorp Inc (NYSE:MCP) Today's action suggested that there is more room for the uptrend to grow on stock. A sustained break of $5.62 should bring the stock to a test of the recent highs in the $6.3 area.

( click to enlarge )

Delta Air Lines, Inc. (NYSE:DAL) has been in a steady uptrend for the last six months and is now very near to break another key resistance level. Keep an eye on DAL for a possible breakout over $32.86.

( click to enlarge )

Shares of Zogenix, Inc. (NASDAQ:ZGNX) continue to surge. The stock price is strong and getting stronger every day it seems. If it break through 5.19, then expect more upside. If this happens, ZGNX is a good play.

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: AMD, BX, DAL, IDI, MCP, NVDA, ZGNX

23:10 | Permalink |

Stocks to Watch for February 24, 2014

( click to enlarge )

InterOil Corporation (NYSE:IOC) after consolidating during the past weeks the stock witnessed fresh buying on last Friday, closing the day with a gain of 3.21% with high volumes and above its 50-day EMA for the first time since December 2013. The price action appears positive and based on chart above may move up to 60/60.51 on volume trading next week. Strong support for the stock exists at 55.42

( click to enlarge )

Codexis, Inc. (NASDAQ:CDXS) did not break out from the flag formation last week. Instead the stock consolidated further. The stock is now near the apex of the triangle and there is a higher possibility it may break out from that in coming week. Breakout point is now 1.96 and target price is 2.41.

( click to enlarge )

Acasti Pharma Inc (NASDAQ:ACST) is a stock that has been basing for a while here and technically is due for a break out. Looking at the chart above we can see a strong support and buyers coming in around 1.2-1.25 area. At present levels the stock is undervalued IMHO. We have witnessed a dry up in volume as its basing, which could mean that traders are slowly waking up to this fact. The stock's 12-month high of $4.20 is also a huge catalyst for an amazing bounce.

( click to enlarge )

Rare Element Resources Ltd (NYSEMKT:REE) Large volume last week. This is a candidate for a breakout. The MACD indicator is rising in positive territory and is above the signal line, supporting the bullish scenario. 1.70 is the pivot level to watch.

( click to enlarge )

Rambus Inc. (NASDAQ:RMBS) made a very bullish move last week breaking several key resistances with moderate volumes. At this point the stock remains bullish as price is above all EMA’s and MACD is starting to move above 0. Next buy point when clears 9.59 on volume.

( click to enlarge )

XOMA Corp (NASDAQ:XOMA) had a strong bullish candle in the last trading session with high volumes. The next key resistance lies at 8.99. If a breakout happens we can see a target of 11. So far, all technical indicators are in favor of an upward price movement. The MACD has generated a buy signal on Friday and is currently above the 0 line. All EMA’s are below the current price. Long setup.

( click to enlarge )

Thompson Creek Metals Company Inc (NYSE:TC) Big rally on volume Friday closing with a gain of 7.87% amid high volatility. Next buy point when clears this resistance area on volume.

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: ACST, CDXS, IOC, REE, RMBS, TC, XOMA

11:00 | Permalink |

Stocks to Watch for February 21, 2014

( click to enlarge )

InterOil Corporation (NYSE:IOC) may finally be ready to break higher above its 50-day EMA after a strong close today. Looking at the chart, technical indicators are flashing bullish signals. The MACD indicator is slightly negative but is rising above its signal line. Slow sto and RSI have risen above their 50% levels. Long setup with a stop at 49.

( click to enlarge )

Catalyst Pharmaceutical Partners, Inc. (NASDAQ:CPRX) closed up over 11% today on Monster Volume. This means there is some serious interest in this stock and I believe that now is the time to step in and ride the wave straight up. Technical daily indicators point to the stock being in an upward trend already, but this could be just the beginning of a possible major breakout that could bring huge gains.

( click to enlarge )

Alpha Natural Resources, Inc. (NYSE:ANR) Potential bounce play opportunity. Momentum indicators still showing positive divergences.

( click to enlarge )

Cytori Therapeutics Inc. (NASDAQ:CYTX) looks right on the verge of a BIG breakout. Daily technical indicators are in bullish zones and showing a strong upward momentum.

( click to enlarge )

Applied Materials, Inc. (NASDAQ:AMAT) Making a nice flag here after a strong breakout. Keep it on watch, next buy point when clears 19.09 on heavy volume.

( click to enlarge )

Zagg Inc (NASDAQ:ZAGG) crossed its 50-day exp moving average and closed up 9c at $4.30 .The stock needs to close above that level this week to confirm this new uptrend. Technical indicators have turned bullish signaling sideways to higher prices possible in the near term. Next resistance lies at 4.37

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, ANR, CPRX, CYTX, IOC, ZAGG

22:20 | Permalink |

Stocks to Watch for February 20, 2014

( click to enlarge )

Advanced Micro Devices, Inc. (NYSE:AMD) After bouncing from the 3.30 support levels the stock is now forming a flag pattern. A break of this consolidation zone could get the stock up to 4.10. The technical indicator MACD is rising indicating a positive bias and the ADX is also supporting the tone.

( click to enlarge )

IMRIS Inc (NASDAQ:IMRS) is a nice stock which has been trending up nicely. Momentum indicators still pointing up. The stock should test the recent highs and possible new highs in the weeks ahead.

( click to enlarge )

Quicksilver Resources Inc (NYSE:KWK) continues to perform strongly and appears poised to breakout to new highs. Keep it on watch.

( click to enlarge )

Netlist, Inc. (NASDAQ:NLST) Broke out to new highs today on high volume. I think we'll see some nice follow through tomorrow.

( click to enlarge )

China Digital TV Holding Co., Ltd.(NYSE:STV) continues to show strength. Watch the $3.35 level.

( click to enlarge )

Cubist Pharmaceuticals Inc (NASDAQ:CBST) This still looks pretty good on daily with volume expanding as it moves higher. The stock continues to look bullish and had a good day today. On watchlist no trigger yet. Watching 76.75

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: AMD, CBST, IMRS, KWK, NLST, SVT

23:36 | Permalink |

Stocks to Watch for February 19, 2014

( click to enlarge )

Renren Inc (NYSE:RENN) was one of the big winners on Tuesday. The stock broke out from a sidewards movement with huge volume, creating a significant amount of bullish potential. Looking at the chart the stock has just entered into a bull market as the stock is on top of 50-day and 200-day exponential moving averages. Other technical indicator such as MACD, is above 0 showing positive momentum. The stock hit a high of $3.78, which is resistance for Wednesday’s move. Keep it on watch.

( click to enlarge )

BG Medicine, Inc. (NASDAQ:BGMD) displayed some impressive relative strength with a 7.50% gain. On the technical side, MACD and stochastics all point to upward trend while RSI is also rising. The stock broke and closed above resistance at $1.27 and should continue to move. BGMD has a lot of upside potential, so watch it closely on Wednesday.

( click to enlarge )

BlackBerry Ltd (NASDAQ:BBRY) closed back above the 200-day EMA now at 9.44. This momentum could push this stock much higher from here. Next resistance is now seen at $10.10

( click to enlarge )

Zynga Inc (NASDAQ:ZNGA) is one of the hottest stocks of Nasdaq right now. The stock broke out on Tuesday and made a new 52-week high of $5.16. I'm keeping ZNGA on the list for the continuation move. The stock had big buyers in it all day and looks ready to make another move on Wednesday. The technical chart shows a continuation of the trend with MACD and RSI in the Bullish areas.

( click to enlarge )

Gilead Sciences, Inc. (NASDAQ:GILD) Potential breakout play. Watch the stock closely tomorrow and once it breaks $84.40, get ready to jump in and buy the stock. Stop 79.96

( click to enlarge )

Pandora Media Inc (NYSE:P) had a nice bullish momentum today, gaining more than 5% and end the day near the highest price of the day. The bias is bullish in nearest term especially if price able to stay consistently above $37 targeting $40.

( click to enlarge )

Superconductor Technologies, Inc. (NASDAQ:SCON) The stock continues to sit in a consolidation range but it's displaying upside momentum and is poised to move higher from these levels. Nearest resistance for the stock is at $2.70. If this level is crossed and the stock is able to sustain above this level, then it might go to $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: BBRY, BGMD, GILD, P, RENN, ZNGA

22:46 | Permalink |

AC Investor Blog

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

Thursday, February 27, 2014

Stocks to Watch for February 28, 2014

Wednesday, February 26, 2014

Stocks to Watch for February 27, 2014

Tuesday, February 25, 2014

Stocks to Watch for February 26, 2014

Monday, February 24, 2014

Stocks to Watch for February 25, 2014

Sunday, February 23, 2014

Stocks to Watch for February 24, 2014

Thursday, February 20, 2014

Stocks to Watch for February 21, 2014

Wednesday, February 19, 2014

Stocks to Watch for February 20, 2014

Tuesday, February 18, 2014

Stocks to Watch for February 19, 2014

About Me

FREE NEWSLETTER

Support AC

Follow me

Advertising

PREVIOUS POSTS

TRANSLATOR

Site Information

Stock Market Blogroll

Friends BLOGROLL

ARCHIVES