AC Investor Blog: 03/01/2014

Stocks to Watch for March 31, 2014

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AOL, Inc. (NYSE:AOL) On the daily charts, the stock price is consolidating near its 50-day EMA, suggesting it could rise in the near-term. The technical indicators are oversold and MACD is showing a positive divergence, thus confirming a possible trend change. Hence, I believe if the stock trades above 41, it could gain up to 47 and 50. It would be very attractive as a long candidate if it holds its ground here and then turns higher. I continue to keep a close eye on AOL call activity because there is some elevated May Call options with strike prices significantly above the current market. Keep it on watch.

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Halcon Resources Corp (NYSE:HK) Just one more push to change the trend. HK was one of the winners on Friday, as the stock closed up 22 cents on the day with high volumes. From a technical standpoint, the stock is in a short-term Bull Market with share price above 9, 13, 20 & 50EMAs. Breakout at 4.2. Watch for next leg up.

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JDS Uniphase Corp (NASDAQ:JDSU) has been hit hard by the sellers over the last trading sessions, but we could see a strong bounce at this support level (confluence of 100 & 200 EMAs).

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Sodastream International Ltd (NASDAQ:SODA) jumped up by 2% and closed at $43.53 on Friday. Upside volume has been good lately and the technical indicators are improving significantly. I'm a buyer of SODA once it breaks $44.88 looking for a possible gap fill. The stock could have good upside potential, so watch the stock closely next week.

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VirnetX Holding Corporation (NYSEMKT:VHC) The last 2 daily candles on strong volume suggest a bounce could be in order. I like this speculative stock and at this point any upswing is likely to have about 12% of room before hitting a key pivot near 15.20. Daily technical indicators are showing signs of turning around with MACD curling up and RSI starting to turn up from deep oversold 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: AOL, HK, JDSU, SODA, VHC

10:48 | Permalink |

Stocks to Watch for March 28, 2014

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Alcoa Inc (NYSE:AA) broke a key resistance line today with an up-move of 73 cents to 12.59. The stock price had been trading sideways over the past two months and formed an ascending triangle consolidation pattern. We can expect a price movement up to the 14 level.

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Grupo Televisa SAB (NYSE:TV) Considering strong momentum that we are seeing this week, the stock price looks set to break higher above its 52-week high of 33.

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Arch Coal Inc (NYSE:ACI) is setting up nicely to break out. Buy point would be on the day it blows through $4.759 on heavy volume. The indicators are looking Bullish. The MACD is above signal line and above 0 line, which is a bullish indicator. Additionally to that we also have the stock price currently above all EMA’s.

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Zynga Inc (NASDAQ:ZNGA) SAC Capital disclosed a 5.3% passive stake in Zynga (13G Filing) more than doubling its previously-disclosed stake. With RSI in oversold zone, it is possible we could see a bounce up to its 50EMA at $4.83

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Baker Hughes Incorporated (NYSE:BHI) looks ready to make new highs. It has been consolidating around 61-64 for the last four weeks and a break above 64.20 on heavy volume would be bullish. Stay tuned.

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: AA, ACI, BHI, TV, ZNGA

21:26 | Permalink |

Stocks to Watch for March 27, 2014

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AOL, Inc. (NYSE:AOL) Showed strength on a red day. The stock has crossed its medium term resistance at $43.37 (100EMA) with strong volume. Technical indicators are beginning to turn bullish. The MACD is rising above its signal line and the RSI has moved above its 50% level. A move above $46 opens the door to $50. I'm Bullish at this point.

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Shares of Mitel Networks Corporation (NASDAQ:MITL) made a new 52 week high today closing at $10.74 on decent volume. The stock hit a high of $10.75, which is now resistance for Thursday’s continuation move. If the stock can break through resistance, we should see another strong upside move. MITL will move very quickly, so watch the stock closely on Thursday.

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Hudson City Bancorp, Inc. (NASDAQ:HCBK) flagging in the 9.80 area. Watch for a move above 9.98 to break the stock out.

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: AOL, HCBK, MITL

21:06 | Permalink |

Stocks to Watch for March 25, 2014

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Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) is close to a break out above $3.71. The stock price action has remained under its daily 100-day exp moving average for some time, however a rising daily MACD momentum has begun a bullish divergence, suggestive of a price reversal at these price levels. A break above $3.71 would be bullish. Maxim Group upgraded the stock from Hold to Buy with a price target of $6. Let's keep an eye on it.

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Westar Energy Inc (NYSE:WR) good relative strength compared to the market today. The stock looks poised to clear this major resistance area. Keep on watch for the break on volume and go long.

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InterDigital, Inc. (NASDAQ:IDCC) is displaying upside momentum on chart and looks poised to move higher from these levels. Expect an initial run up to its 200-day exp moving average at $33.71.

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KCAP Financial Inc (NASDAQ:KCAP) has been consolidating in a tight range for the past six weeks just above its 50-day exp moving average. Volume is starting to build and it may attempt to break out over the 200-day exp moving average. 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: ACHN, IDCC, KCAP., WR

21:20 | Permalink |

Stocks to Watch for March 24, 2014

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WPCS International Incorporated(NASDAQ:WPCS) Rallied over 5% Friday on solid volume. The stock is trading near the high end of its two-month range. A break of this resistance level would send it to 2.49. Technically, the short term trend for the the stock is still an uptrend. Daily MACD and RSI are also rising. Both indicators suggest increasing upside momentum, thus most likely the stock price will break up and through the 1.92 mark, which will then act as support for the stock price going forward.

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NII Holdings Inc (NASDAQ:NIHD) broke out of an important consolidation area with heavy volume and will likely have the attention of the swing traders in the next sessions. Daily indicators has RSI just above 35 and MACD has a new bullish crossover. This new rally should at least push the stock to $1.53.

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Cliffs Natural Resources Inc (NYSE:CLF) looks like it is starting to turn. On Friday, the stock price decisively broke through its key resistance at 19.59 by gaining nearly 6 per cent accompanied by good volume. From technical indicators, I continue to see a confluence of "buys", with RSI crossing above 50 and MACD heading up.

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Annaly Capital Management, Inc. (NYSE:NLY) bouncing off EMA200 with bullish RSI/Slow Sto divergence. Looks like a resistance breakout setup forming here within the overall uptrend. The buy trigger will be a trade above the 11.51 mark with high volumes.

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Alcoa Inc (NYSE:AA) The ascending triangle formaiton still in play and positioned for a breakout. Double break and a close above the 12.38 level will be my trigger for a buy trade.

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Marathon Oil Corporation (NYSE:MRO) As the stock broke the 200-day EMA and the key resistance level at around 33.80 I believe we should be looking to buy MRO as long the stock price is trading above the broken level, which now acts as a strong support.

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Could Palatin Technologies, Inc. (NYSEMKT:PTN) be on the verge of a breakout in line with the dominant uptrend ? The buy trigger is above Thursday's high of 1.50. All major indicators are displaying bullish signals.

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Ventrus Biosciences Inc (NASDAQ:VTUS) has been floating around 1.36-1.4 for several trading sessions and I still think the stock could see a sharp move higher from here. Daily chart indicates the stock is tremendously oversold, but the RSI is improving and about to leave the oversold territory. MFI is also showing money flowing into the stock, short term has been on an uptrend. If it breaks higher above 1.41 or 9EMA, it could go as high as 1.70.

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: AA, CLF, MRO, NIHD, NLY, PTN, VTUS, WPC

15:47 | Permalink |

Stocks to Watch for March 21, 2014

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Oncolytics Biotech, Inc. (NASDAQ:ONCY) This technical chart above shows a possible rounding bottom formation with a potential rally back to resistance at $2.40 as the next swing for the stock. A move above the neckiline is required to trigger an upside breakout and another run. Stock price has been moving sideways in short term to build up momentum and the latest price rebound on strong volume, is another good indication that the stock is likely to test the previous high at 2.70 if the neckline of the rounding bottom at 1.92 is penetrated. Stay tuned !!

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Intel Corporation (NASDAQ:INTC) finally broke out of the consolidation range that I've discussed recently. We can see in the chart above that the breakout was clean on strong volume, indicating that more upside is possible in this stock. The price can move up to $25.79-$26.21 in the short-term.

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Broadcom Corporation (NASDAQ:BRCM) gained nicely today and made a new 6 month high at $31.47. The technical daily chart above shows the stock is on a bull market as it is trading above both 50-day and 200-day exp moving average and the 50-day exp moving average is on top of 200-day exp moving average heading upwards. Other indicator, such as MACD is above 0 showing positive momentum, while RSI also shows buy signal. Looks good for higher prices.

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Lattice Semiconductor (NASDAQ:LSCC) is still trading around $8 which has been a strong resistance over the past several days. I plan to buy the stock if it can break this key resistance level. The trend is still up.

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Western Digital Corp (NASDAQ:WDC) showed some strength today. The stock closed nicely above the major short-term EMA levels with solid volume. At this level, we should see the stock retest the next pivot point located at $89.79 followed by $90.44. The support level is adjusted to $85.18.

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I have Samson Oil & Gas Limited (NYSEMKT:SSN) on my watchlist. It may be ready to break out of this base. Bullish MACD cross on daily. Potential swing long above 52c (200EMA).

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: BRCM, INTC, LSCC, ONCY, SSN, WDC

22:09 | Permalink |

Stocks to Watch for March 20, 2014

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ChemoCentryx Inc (NASDAQ:CCXI) has confirmed the breakout of the ascending triangle formation by surpassing 8.21 resistance level. The break out had substantial volume and MACD seems to confirm the break out. In addition, the A/D indicator shows that the stock has been under strong accumulation lately. Target price is $10.

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BlackBerry Ltd (NASDAQ:BBRY) is still holding the major support zone of $9. The uptrend remains intact as long as the support holds.

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Intel Corporation (NASDAQ:INTC) broke out from a sidewards movement today with high volume. The stock hit a high of 25.25 and a low of 24.77 during the day. A break over today's high could push it to test $26. The near-term outlook is bullish for the stock. MACD is positive and above the signal line. RSI is moving up and above its 50% level. Long setup.

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Broadcom Corporation (NASDAQ:BRCM) I like the idea of getting long here with a stop below the 200-day EMA. The MACD is making a bullish crossover and the RSI is also rising.

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Chipotle Mexican Grill, Inc. (NYSE:CMG) Looks ready to break out into new high territory. On watch.

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, BRCD, CCXI, CMG, INTC

22:08 | Permalink |

Stocks to Watch for March 19, 2014

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Xinyuan Real Estate Co., Ltd. (NYSE:XIN) looks ready to breakout here. If you look at its technical chart above, you will see a tight consolidation that has occurred this past two weeks. The upward pressure built up over the last few sessions is very good and I believe that the stock could pop any moment now above its 200-day exp moving average. The daily technical indicators are bullish as MACD momentum and histograms trend higher in positive territory and CMF is moving up.

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DryShips Inc. (NASDAQ:DRYS) had a nice bounce today on decent volume. This could be the start of a possible breakout move. If the stock can break through $3.64 tomorrow, buy the stock and watch it take off. Stop 3.38

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Citigroup Inc (NYSE:C) made a strong run in the last hour of the day, closing at highs of $48.14. The stock price is forming a bullish MACD divergence on the daily chart that is certaintly a sign that price can go up.

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Molycorp Inc (NYSE:MCP) The trend is beginning to shift towards bullish. The stock closed slightly higher, as it hit a high of $5.14 on the day. Today’s high is resistance for a follow through move on Wednesday. Looking at the technical chart above MACD and ADX both signal positive strength. The stock still trading above 9-day and 20-day exp moving average, also a bullish sign.

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I mentioned Microsoft Corporation (NASDAQ:MSFT) this morning (check this out) as a stock I was watching for an entry on and finally today it broke the cup and handle pattern with the money flow creeping up. Keep a close eye on the stock tomorrow for the follow through move.

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Nike Inc (NYSE:NKE) continues to consolidate below the $80 level but with $77 support intact. Further rally is still in favor as long as the minor support holds.

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: C, DRYS, MCP, MSFT, NKE, XIN

22:12 | Permalink |

Stocks to Watch for March 18, 2014

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Kandi Technologies Group Inc (NASDAQ:KNDI) broke out of the bull flag pattern to new highs today. The stock traded heavy volume as it hit a high of $22.11. This high is the next resistance for Tuesday’s continuation move.

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GasLog Ltd (NYSE:GLOG) looks strong enough to move forward. The stock bounced off support of the 9-day exp moving average and surged nearly 4.5% with good volume. It has the potential for a strong follow through, so watch it closely on Tuesday.

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Ventrus Biosciences Inc(NASDAQ:VTUS) Bulls are attacking the 9-day exp moving average located at 1.43, a break above could trigger a rally towards 1.50 resistance and determine overall bias.There are some signs that the stock is gaining some momentum in recent days. The stock is well oversold and a bull move is probable for the coming sessions. The technical chart shows some divergences on MACD and RSI. Keep an eye on VTUS and be prepared for this upcoming move.

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Idenix Pharmaceuticals Inc (NASDAQ:IDIX) looks to be setting up for a breakout move, which could occur very soon. The stock traded a good volume today as it closed up 27 cents on the day. It is trading near the major level of $7.50, which is resistance for a breakout move. I'm buyer once this move occurs and I expect to see strong volume drive the stock 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: GLOG, IDIX, KNDI, VTUS

21:29 | Permalink |

Stocks to Watch for March 17, 2014

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GT Advanced Technologies Inc (NASDAQ:GTAT) If support in the range of 15.9 to 16.06 holds then the stock should target a retest 17.05 and then possibly 18. However, if it fails then deeper consolidations cannot be ruled out. Although price of the stock is in a clear strong uptrend, the momentum indicators in the chart above are showing signs of weakness. Both stochastic analysis and MACD charts are flashing a bearish outlook for short-term perspective. Traders with short-term perspective can hold the stock as long as it trades above its uptrending 13-day exponential moving average.

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First Solar, Inc. (NASDAQ:FSLR) is basing between its major exp moving averages and another trip to the recent highs can not be ruled out. I believe the analyst meeting on Wednesday could be a positive catalyst for First Solar shares.

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Neuralstem, Inc. (NYSEMKT:CUR) The stock price finally broke out of the upper line of the triangle pattern, on impressive increasing volume and closed above the line. All indicators are in favor of an upward price movement.

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Biodel Inc (NASDAQ:BIOD) is basing here for another move up IMHO. If next week support holds at or above 3.07 (200EMA) then the stock should move further upwards to retest 3.71 and then possibly towards 4.12. My immediate outlook stays bullish. The technical daily chart above shows it's about the time to buy the stock, as 50EMA is about to cross on top over 200EMA to form Golden Cross, a very bullish signal.

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Alphatec Holdings Inc (NASDAQ:ATEC) After being trading in a bearish tone for some time the stock appears to making a comeback in favor of the bulls. ATEC has already started its bounce back up and looks poised to break resistance at $1.48. d I think the stock could see $1.75 or better in short-term. This stock is held by major institutions including Paradigm Capital Management, Blackrock, etc.

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Nuance Communications Inc. (NASDAQ:NUAN) has finally closed above its 100-day exponential moving average currently placed around levels of $15.73 and it did so on heavy volume. The MACD indicator has just started to increase and the On Balance Volume is also showing positive signs on the stock. Stock price is expected to at least rally the next resistance at $16.88 and even go higher to test the next resistance level at $17.52.

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Sigma-Aldrich Corporation (NASDAQ:SIAL) shares may be in a consolidation phase following a nice up-trend. Keep an eye for a possible breakout over $96.63.

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: ATEC, BIOD, CUR, FSLR, GTAT, NUAN, SIAL

08:19 | Permalink |

AC Investor Blog

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

Saturday, March 29, 2014

Stocks to Watch for March 31, 2014

Thursday, March 27, 2014

Stocks to Watch for March 28, 2014

Wednesday, March 26, 2014

Stocks to Watch for March 27, 2014

Monday, March 24, 2014

Stocks to Watch for March 25, 2014

Saturday, March 22, 2014

Stocks to Watch for March 24, 2014

Thursday, March 20, 2014

Stocks to Watch for March 21, 2014

Wednesday, March 19, 2014

Stocks to Watch for March 20, 2014

Tuesday, March 18, 2014

Stocks to Watch for March 19, 2014

Monday, March 17, 2014

Stocks to Watch for March 18, 2014

Saturday, March 15, 2014

Stocks to Watch for March 17, 2014

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