AC Investor Blog: 09/01/2014

Stocks to Watch for October 01, 2014

( click to enlarge )

Cisco Systems, Inc. (NASDAQ:CSCO) broke through a key resistance level today accompanied with high volume, but did not have much momentum behind the move, so keep an eye on it to see if tomorrow will confirm the intraday breakout.

( click to enlarge )

Expedia Inc (NASDAQ:EXPE) Tuesday's action suggested that there is more room for the uptrend to grow on stock. A sustained break of $88.28 should bring the stock price to a test of the recent highs in the $89.3 area.

( click to enlarge )

Micron Technology, Inc. (NASDAQ:MU) The stock continues to perform strongly and appears poised to breakout to new highs. Keep it on watch.

( click to enlarge )

The Coca-Cola Company (NYSE:KO) finally broke out to new highs today on high volume. I think we will see some nice follow through tomorrow.

( click to enlarge )

Neurometrix Inc (NASDAQ:NURO) displayed some impressive relative strength today with a 7% gain. On the technical side, MACD and ADX all point to upward trend while RSI is also rising. The stock broke and closed above resistance at $1.76 (50ema) and should continue to move. NURO has a lot of upside potential imho, so watch it closely on Wednesday. Note: Later this week the president President and Chief Executive Officer, will participate in the 29th Annual Meeting of The Japan Society of Diabetic Complications to be held in Tokyo.

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: CSCO, EXPE, KO, MU, NURO

22:56 | Permalink |

Stocks to Watch for September 30, 2014

( click to enlarge )

The Coca-Cola Company (NYSE:KO) is setting up nicely to break into new highs. Buy point would be on the day it blows through $42.35 on heavy volume.

( click to enlarge )

Celgene Corporation (NASDAQ:CELG) looks ready to make new highs. On the technical side, the technical chart looks very good here. The MACD is positive and above its rising signal line. All EMAs are both rising with the stock trading above them. Breakout watch over 96.50

( click to enlarge )

The Boeing Company (NYSE:BA) is in an ascending triangle formation with higher lows putting some pressure on the 130 area, a break of which could move the stock significantly higher. On watch.

( click to enlarge )

You need to watch Legg Mason Inc (NYSE:LM) stock closely because it could break resistance soon.

( click to enlarge )

Aegerion Pharmaceuticals, Inc. (NASDAQ:AEGR) made a nice upside reversal today in a weak market. The chart suggests that stock might find now resistance at $35.09. Only a close above this level would suggest further upside.

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: AEGR, BA, CELG, KO, LM

22:07 | Permalink |

Stocks to Watch for September 29, 2014

( click to enlarge )

Very bullish action on GoPro Inc (NASDAQ:GPRO) last week. The stock firmed around 69.75-71 and then broke out with three days of high volume. If prices pullback, the $76.48 (20EMA) level is a possible area for them to be supported at. All technical indicators still point to a bull market. The chart above (2h) shows the stock price is in a very strong upward momentum as both 50-day and 200-day exponential moving averages are going up along with the stock. The MACD and RSI also shows the stock is currently in a bull market. For now, the trend is still up.

( click to enlarge )

Alibaba Group Holding Ltd (NYSE:BABA) On Friday, the stock broke out of the 88.50-90 range in which it has been trading within for the past few sessions. If the stock next week crosses the swing high of the past week 91.50 on the upside, then the uptrend will be confirmed and traders can inititate fresh longs with a stop loss located at 88.48.

( click to enlarge )

BlackBerry Ltd (NASDAQ:BBRY) moved up strongly after earnings report on Friday as the company beat the Wall Street's estimates. I would like to point out that the BlackBerry Messenger witnessed a huge rise in the number of users. This service has now more than 91 million monthly active users, which is a gain of 6% from a quarter ago and 44% by the way over a year ago. If you remember, Facebook paid 19 billion for Whatsapp and in my opinion BBM is better than whatsapp, because the messages are encrypted, offering you privacy and security. From a technical standpoint, this reversal seems especially likely to continue. Going ahead a move above Friday's high of 10.65 will be the next trigger for the stock. A sustainable move above this level might result in an upside target of 11.17 in the coming week. On the downside, 10 and 9.70 levels might act as a support for the stock.

( click to enlarge )

Liquid Holdings Group Inc (NASDAQ:LIQD) is currently attacking the upper line of the falling wedge pattern and could be ready to breakout after strong volume on Friday. A successful cross of the resistance line the stock can rally up to the next resistance level which is at 1.60 levels.

( click to enlarge )

Facebook Inc (NASDAQ:FB) is doing relatively well considering the market's condition and a break above 79 on heavy volume would be bullish.

( click to enlarge )

Amazon (NASDAQ:AMZN) A possible head and shoulders setting up ? If the stock closes below the 320 support area, then it might fall towards the next support level at 300. Any further losses could take the stock towards the 280 level. The mentioned possible head and shoulders pattern would invalidate if the stock jumps above the 335 level. The MACD indicator continues to drift lower, confirming sustained downside strength.

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: AMZN, BABA, BBRY, FB, GPRO, LIQD

10:06 | Permalink |

Stocks to Watch for September 26, 2014

( click to enlarge )

Linear Technology Corporation (NASDAQ:LLTC) had a significant bearish momentum today closing below its 200-day EMA on decent volume as you can see on my daily chart above. The bias is bearish in nearest term testing 42.21. Key momentum indicators point to continuation of negative bias for the stock for the medium term.

( click to enlarge )

Bitauto Hldg Ltd (NYSE:BITA) The stock might break this key support level tomorrow. If it so, the next possible down move target will be the 100-day EMA at 63.57 then the 61 area. The technical indicator MACD is falling sharply and about to enter negative territory, supporting the weakness.

( click to enlarge )

Waste Management, Inc. (NYSE:WM) The momentum indicators are starting to turn down, which suggests that we might see a pullback moving ahead.

( click to enlarge )

Apple Inc. (NASDAQ:AAPL) closed below the major support of 98.38 (50EMA) on high volume and that may trigger further weaknesses to 95/94.12 (100EMA).

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, BITA, LLTC, WM

22:48 | Permalink |

Stocks to Watch for September 25, 2014

( click to enlarge )

Earlier in the afternoon, I tweeted the potential brekout. Shares of ShoreTel Inc (NASDAQ:SHOR) closed strong above the 200-day EMA accompanied by strong volume. This momentum could push this stock much higher from here. Next resistance is now seen at $7.20.

( click to enlarge )

TGC Industries Inc (NASDAQ:TGE) broke out of a rounding bottom pattern today and could go to $5 very soon. The stock looks bullish on charts. The MACD crossed above the zero line, RSI is moving up and above its 50% level. All short-term EMAs are moving up and stochastic is also moving up and above its 50% level.

( click to enlarge )

Neonode, Inc (NASDAQ:NEON) Not a good looking chart, but insiders are buying a lot of shares at current levels. They must know something positive about the company. Keep it on watch.

( click to enlarge )

WidePoint Corporation (NYSEMKT:WYY) is quietly gaining momentum. The stock looks ready to break a recent high of $1.80. If it can manage a breakout above this level on high volume, it would be a great buying opportunity but only on a breakout. Keep it on your watch list going forward.

( click to enlarge )

Biogen Idec Inc (NASDAQ:BIIB) is building a nice optimistic formation under resistance at $349. Watch for a break through that price level to indicate that another push higher will occur. Support at $332

( click to enlarge )

After a slow start this morning, Martin Marietta Materials, Inc. (NYSE:MLM)saw its high of the day at 132.31 up 1.8% and showing strong bid support. Looks like it is getting ready for another breakout soon. Good upside volume on the daily chart. 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: BIIB, MLM, NEON, SHOR, TGE, WYY

22:23 | Permalink |

Stocks to Watch for September 23, 2014

( click to enlarge )

BlackBerry Ltd (NASDAQ:BBRY) displayed some impressive relative strength today. It may be ready to break out of this flag consolidation. Note: Earnings on Friday.

( click to enlarge )

GT Advanced Technologies Inc (NASDAQ:GTAT) has had a rough time over the past sessions, but today’s bounce could be the first move to recovery. I'm using $12 as resistance for this upside move. If the stock can break through this level we should see a reversal of this down trend.

( click to enlarge )

LinkedIn Corp (NYSE:LNKD) Trajectories of momentum indicators point to the continuation of downside bias for the stock. The downside move is more likely to continue untill 195.

( click to enlarge )

Intel Corporation (NASDAQ:INTC) is moving sideways in a narrow range with a slight bias to the downside by slipping below the 20-day EMA. Key indicators on daily charts suggest continuation of weakness. The stock is likely to test immediate support at 34.23.

( click to enlarge )

There is a potential breakout scenario developing on the daily chart of The Coca-Cola Company (NYSE:KO). Buy signal: When stock breaks $42.35

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, GTAT, INTC, KO, LNKD

22:05 | Permalink |

Stocks to Watch for September 22, 2014

Hello Traders,

I would like to remind everyone that next week Markefly will release its 2nd Annual Traders Education Week and it’s only 3 days away. The event is featuring 4 of Marketfy’s top traders. Each will share the strategies they use to profit in any market condition.

The event will include:

4 hours of free stock market education
Insight into strategies proven to generate returns
Stock & options trading strategies from Marketfy’s top traders

On top of that, you will get free special reports, guides and eBooks throughout the week to go along with hours of top of the line presentations. If you want to participate Click HERE to secure your spot in next week’s events. Enjoy 100% FREE education. They are good traders.

( click to enlarge )

Garmin Ltd. (NASDAQ:GRMN) closed the last session of the week on a negative note, slipping 1.81 percent to 52.10 on higher volume. The stock also closed the week below its 200-day exp moving average which indicates that it is likely to retest the 50 level again. The technical chart above shows weakness as signaled by the moves of trend and momentum indicators. Price is now below all the EMAs and daily chart suggests more bearish bias. A clear break and daily close below 51.15 - 51 could trigger further bearish pressure testing 48 area.

( click to enlarge )

Rambus Inc. (NASDAQ:RMBS) failed to continue its bullish momentum on Friday, after unable to make a clear break above the 13.31 area. However, the bias remains bullish in nearest term especially if the stock is able to stay consistently above the 12.4-12.50 region. Aggressive traders can go long around 12.67 with a tight stop loss of 12.26 for a target of 13.50. Key technical indicators suggest continuation of the up ward momentum.

( click to enlarge )

InterDigital, Inc. (NASDAQ:IDCC) is breaking down on daily with increasing volume. This technical chart shows clear weakness. The moves of trend and momentum indicators on daily charts point to more down side for the stock. I believe it will fill this gap quickly.

( click to enlarge )

Twitter Inc (NYSE:TWTR) attempted to push lower on Friday but was unable to move below immediate support of 50. The overall bullish bias remains intact testing 53.64 however with some cautious due to the negative MACD divergence, signaling a slowing momentum. Immediate support is seen around 51.25 (9EMA) followed by 49.87 (20EMA).

( click to enlarge )

Chuy's Holdings Inc (NASDAQ:CHUY) is flagging here. Could pop nicely over 31.73

( click to enlarge )

Facebook Inc (NASDAQ:FB) also looks great. The stock has been on a nice uptrend recently and could be ready to breakout after strong volume in the last trading session.

( click to enlarge )

Gogo Inc (NASDAQ:GOGO) tried to break out last week but failed. At this point the stock remains bullish as price is above all EMAs and MACD is rising above 0. $20 is the pivot level to watch next week. Wait for the break to enter long.

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: CHUY, FB, GOGO, GRMN, IDCC, RMBS, TWTR

10:30 | Permalink |

Stocks to Watch for September 18, 2014

( click to enlarge )

Tekmira Pharmaceuticals Corporation (NASDAQ:TKMR) broke out of a small consolidation pattern on solid volume and could eventually rally up to test its recent high. Looking at the technical daily chart the near-term outlook is very positive. Let’s see whether the stock can gather enough momentum to break through $22.26

( click to enlarge )

FireEye Inc (NASDAQ:FEYE) Could be a high flyer on breakout, look for a break and close above $36.49 to enter longs. Stop 32.82

( click to enlarge )

Highpower International Inc (NASDAQ:HPJ) bullish reversal candle on higher volume. The next buy point would be when it breaks over 7.78 on heavy volume, while immediate support has moved up to $6.63

( click to enlarge )

Sky-mobi Ltd (NASDAQ:MOBI) broke out in a big way today on solid volume. I think we'll see some nice follow through tomorrow. The next major resistance area is around the mid $12 range.

( click to enlarge )

Popular Inc (NASDAQ:BPOP) waiting for a break and close above the 32 level for a long position.

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: BPOP, FEYE, HPJ, MOBI, TKMR

22:57 | Permalink |

Stocks to Watch for September 17, 2014

( click to enlarge )

General Electric Company (NYSE:GE) which had been flagging off its upmove from the 25 area to around 26.45, broke out of the flag today. A move above 26.45 could lead the stock to levels above 27.2 last seen in June.

( click to enlarge )

Louisiana-Pacific Corporation (NYSE:LPX) showed buying strength all day. The stock is on the verge of breaking out and it could happen very soon. If it breaks 14.75 the stock will absolutely fly into the 15's right away.

( click to enlarge )

The Kroger Co. (NYSE:KR) Flagging above the 20-day EMA. Watching over 52.72

( click to enlarge )

Endocyte, Inc. (NASDAQ:ECYT) I went long again today at 7.96. The stock has been pulling back on lower volume from the most recent swing high of 9.35 and is now testing the previous breakout levels, now acting as support. If this holds, could resume the upside correction scenario testing 8.26 and 9.35.

( click to enlarge )

Provectus Biopharmaceuticals Inc (NYSEMKT:PVCT) Still flagging. Over 1.20 this could move fast.

( click to enlarge )

Norfolk Southern Corp. (NYSE:NSC) Nice bullish engulfing candle today on decent volume. Next break out at 109.70 The A/D line continues to scale new peaks.

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: ECYT, GE, KR, LPX, NSC, PVCT

23:07 | Permalink |

Stocks to Watch for September 16, 2014

( click to enlarge )

MEI Pharma Inc (NASDAQ:MEIP) made a great move today closing above the 200-day exp moving average for the first time since April and was with an increase in volume, which shows us there are buyers in the stock. MEIP has a lot of potential to be a big percentage mover. Watch the stock closely on Tuesday, and once it breaks through $7.56, get ready to enter the trade.

( click to enlarge )

Delcath Systems, Inc. (NASDAQ:DCTH) has had a hard time with this resistance line (EMA100) but may be ready to move higher. The level which the stock may have trouble moving above is currently at $2.76. It would need to break above that level to run to $3.53. Accumulation line is starting to point up. The Relative Strength Index is also moving higher, which is a sign of growing strength in the stock. Also the MACD is giving a positive indication. DCTH will move quickly, so keep it on your screen on Tuesday.

( click to enlarge )

Electronic Arts Inc. (NASDAQ:EA) With its latest rally having failed to make a higher high the stock has developed a potential double-top pattern (which is bearish). A Break below $36.19 could signal further downward momentum targeting $35 area.

( click to enlarge )

Usell (OTCMKTS:USEL) is a penny stock to watch. I like when insiders are buying back shares and last week they bought 68,800, a good sign for the stock. This is an indication that the top executives are seeing something positive going on. I think the stock is going to move soon.

( click to enlarge )

The Bank of New York Mellon Corporation (NYSE:BK) has been in a nice bullish consolidation over the last six weeks and appears ready for another breakout. Keep 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: BK, DCTH, EA, MEIP, USEL

22:51 | Permalink |

AC Investor Blog

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

Tuesday, September 30, 2014

Stocks to Watch for October 01, 2014

Monday, September 29, 2014

Stocks to Watch for September 30, 2014

Saturday, September 27, 2014

Stocks to Watch for September 29, 2014

Thursday, September 25, 2014

Stocks to Watch for September 26, 2014

Wednesday, September 24, 2014

Stocks to Watch for September 25, 2014

Monday, September 22, 2014

Stocks to Watch for September 23, 2014

Saturday, September 20, 2014

Stocks to Watch for September 22, 2014

Wednesday, September 17, 2014

Stocks to Watch for September 18, 2014

Tuesday, September 16, 2014

Stocks to Watch for September 17, 2014

Monday, September 15, 2014

Stocks to Watch for September 16, 2014

About Me

FREE NEWSLETTER

Support AC

Follow me

Advertising

PREVIOUS POSTS

TRANSLATOR

Site Information

Stock Market Blogroll

Friends BLOGROLL

ARCHIVES