AC Investor Blog: 11/01/2014

Stocks to Watch for December 01, 2014

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American Airlines Group Inc (NASDAQ:AAL) made a solid 7.92% rally on Friday's trading session, breaking out of a consolidation pattern and will likely have the attention of the swing-traders in the next week. The short/medium term uptrend is intact and signals further bullishness on this stock. From a technical standpoint, the stock is now in overbought territory with an RSI value of 76.31, raising the probability of a pullback. For next week, a conclusive break above Friday’s candle high at 49.45 would open the door for a bullish continuation higher. With time the $50 level looks a real possibility.

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Shares of Vringo Inc. (VRNG) soared 11.42% or 10 cents to 0.972 per share on Friday after winning the first of a series of patent lawsuits against ZTE Corp. The stock broke out of a descending channel on heavy volume and from a technical standpoint, buy on dips might be better unless the stock drops below 87 cents. If the stock continues to climb and breaks above 1.14, look for 1.25, 1.48 and 2.12. Support to the downside can be found at 87c, 84c and 75c.

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Microsoft Corporation (NASDAQ:MSFT) nice bounce off previous resistance/breakout zone. According to the technical daily chart, the stock will be range bound until it breaks above 48.20 or falls below 47.27. Stay tuned.

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Twitter Inc (NYSE:TWTR) ended Friday’s session higher than opening. The stock peaked at $42.02 before settling back to $41.74. The pattern on the technical daily chart indicates that the bears remains in control while the stock is trading below the 44 level. In short-term, expect to see resistance at 42.08 and 43.95. If the bulls fail to penetrate the 44 barrier once more and the stock reverses, expect to see some support at 40.89, 40.71 and 39.94.

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Mattel, Inc. (NASDAQ:MAT) is testing the neckline of a potential inverted head and shoulder bottom. The bulls have to clear that level in order to continue climbing. The target of this pattern would be around 34.50. The technical indicator MACD is showing strongly bullish momentum and RSI continues to move higher. Until proven otherwise, my bias is to the 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: AAL, MAT, MSFT, TWTR, VRNG

10:52 | Permalink |

Stocks to Watch for November 28, 2014

Hey guys,

Hope you are having a great Thanksgiving !!!

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Twitter Inc (NYSE:TWTR) has formed a bullish candle Wednesday on solid volume. The stock price seems that has found a bottom here as we look on the technical daily chart and notice the rejection from 39 area, forming a sort of a rounding bottom pattern. The next step would be to break the key resistance at 43.95 but there we'll see tough fights between bulls and the bears. As you can see in my daily chart, the short term momentum indicators are showing positive divergences. MACD is on top of signal and %K line on top of %D line, both showing buy signal. RSI is also moving upwards now.

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GoPro Inc (NASDAQ:GPRO) has surged in recent sessions amid heavy volume and closed on Wednesday above all major EMAs ( hourly charts ). With almost 28% of the float short, I think this stock is due for a continuation of the bullish uptrend. If the stock can break through $80.4 resistance level, we should see another strong upside move. GPRO will move very quickly, so watch the stock closely tomorrow.

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BlackBerry Ltd (NASDAQ:BBRY) The technical chart continues to look positive as the 50-day EMA has crossed on top of 200-day EMA around July to form Golden Cross. Although MACD indicates some weakness, buyers are back as Slow Stochastic hit oversold with stock dropping near 100-day EMA. Now that %K line is on top of %D line the stock should be expected to go higher. In my honest opinion, medium/long term Blackberry looks like it is destined to higher levels, perhaps to 15 and then 20. Note: Billionaire D.E. Shaw Bought 7.4 Million Shares of BlackBerry Ltd recently.

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NQ Mobile Inc (NYSE:NQ) has formed a clear resistance level around 7.50 as part of its short-term uptrend, setting up yet for a possible resistance breakout trade. Short term indicators are positive. A buy signal would be given on a break above resistance at 7.50, with the next resistance then at 7.85, 7.88 and 8.93. Support is at 7 and 6.81

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Novavax, Inc.(NASDAQ:NVAX) starting to get some momo once again. It is now riding on a short-term upward movement in share price. Technical indicators are becoming more favorable, with the MACD and RSI starting to turn up. Next resistance lies at $5.60 and then at $5.85

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Rambus Inc. (NASDAQ:RMBS) has a good chance to continue higher and a buy could be made as it moves over $12. If this happens, the stock is a good play. From a technical standpoint, the stock broke the DT line, its 50-day EMA and MACD back above zero.

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, GPRO, NQ, NVAX, RMBS, TWTR

19:51 | Permalink |

Stocks to Watch for November 26, 2014

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Lakeland Industries, Inc. (NASDAQ:LAKE) was one of the biggest winners today, as the stock closed up $3.65 on the day with huge volumes. I'm going to keep an eye on it and see how it reacts tomorrow. The outlook is now positive and a move to 14-14.73 appears likely.

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Alpha Pro Tech, Ltd. (NYSEMKT:APT) made a strong upside reversal today. We should be able to see some decent upside movement for the bulls here. A positive MACD cross has occurred and RSI is moving up strongly. Expect an initial run up to $3.50 with a break higher moving to the 4.2 zone.

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NQ Mobile Inc (NYSE:NQ) There was an unusually high call options activity on Monday (strikes Jan $10 and $15), which could be a signal of good things to come. I loaded up more shares today. Note also that the MACD is about to make a bullish cross.

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Coupons (NYSE:COUP) had a nice surge a few weeks ago and has been consolidating that move since then. Nearest resistance for the stock is at 16.15 (EMA100). If this level is crossed and the stock is able to sustain above this level, then it might go to 17.25. On watch.

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3D Systems Corporation (NYSE:DDD) In my view any pullback should be used to add long positions. Daily technical indicators are turning up.

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OncoSec Medical Inc (OTCMKTS:ONCS) showed buying strength all day. The 63-65c area is a critical resistance region that can determine overall bias for the stock in short-term. Keep an eye on 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: APT, COUP, DDD, LAKE, NQ

22:11 | Permalink |

Stocks to Watch for November 25, 2014

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3D Systems Corporation (NYSE:DDD) broke out of a one-week consolidation base with a move up 2.35 to 37.50 on Monday spiking above the resistance line on heavy volume. The move confirms the stock's reversal. The MACD and CMF are also on uptrend movement. My short-term target is in the 40 area.

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NQ Mobile Inc (NYSE:NQ) As I've mentioned this afternoon on Twitter, call options were very active today, particularly the January calls with strike prices significantly above the current market ($10 and $15). For the short term the stock should still continue to go up. A close above $7.88 would have positive implications and could push the stock to the 9-9.5 range. With technical indicators showing positive divergences and options traders buying calls, we might see a strong rally till $9.

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BlackBerry Ltd (NASDAQ:BBRY) closed back above its 50-day EMA today. A break and close above the 9-day EMA at $10.54 could bring in some buyers.

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Gigamon Inc (NYSE:GIMO) is still trading in a range with resistance at 15.05 and support near 13.70. Should breakout hard to upside when it crosses over the top of the range.

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Intel Corporation (NASDAQ:INTC) has been in an upwards trend the past few sessions and looks ready to continue this move. Over 36.46 for continuation.

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Mobileiron Inc (NASDAQ:MOBL) broke down today under support in a strong market. First support is now located at 9.30 with stronger support down at 8.75. Technical indicators signal a negative momentum for the stock. Short setup IMO

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, DDD, GIMO, INTC, MOBL, NQ

21:58 | Permalink |

Stocks to Watch for November 24, 2014

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Rocket Fuel Inc (NASDAQ:FUEL) is looking good to me. I'm very pleased about how the stock has pulled back to its EMA50 after its large move in the middle of this month. Yesterday's rise on solid volume may have signaled the end of the current pullback as there are some signs of capitulation here. For the coming week, a breakout above the 17.50 level would signal the start of a new uptrend that could potentially test the recent highs around the $21 area. FUEL has a 52-week high of $71.89 and is currently showing a bottomed out chart. You do not need much digging to see that the stock has very strong bounce potential here. I went long at 17.27 with a stop at 16.34 and my initial target profit is at 20.

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Net Element International Inc (NASDAQ:NETE) The daily chart shows a breakout above the EMA50 with high volume. MACD, Slow Stochastic, and RSI suggest that the stock may face a short/medium term upward movement. On Thursday, IFS Securities reiterated its "strong buy" rating on stock with a price target of $5.50. Setting up for higher prices IMO.

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VirnetX Holding Corporation (NYSEMKT:VHC) made a momentum to break this symmetrical triangle the day before yesterday on decent volume, but got back into the triangle. By looking at the chart, looks like the MACD is heading to positive territory while the Slow Stochastic is moving up. These two technical indicators are biased to the upward breakout from the triangle. I still believe that the potential is there for further gains. On watch.

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DryShips Inc. (NASDAQ:DRYS) From a technical standpoint, the stock looks like it has broken this descending triangle to the upside which is drawn up by the white lines in the chart above. And the yesterday's breakout was with a strong volume compared to most of the days. The MACD indicator shows that it's heading to the positive territory with upward movement and the Slow Stochastic is moving upward with momentum. There may be some more upside up toward the 1.65-1.90 zone.

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Digital Ally, Inc. (NASDAQ:DGLY) has formed bullish divergences on daily and the market is starting to react. The buying signal is also confirmed by the Slow Stochastic. It will be interesting to see if next week the stock price can continue its upward momentum. The next resistance level to watch is at 13.02 (EMA50). Above this level could test 16.05 next.

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Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) broke above the resistance level but failed to close above it. In my opinion, further rise is still possible and the next target would be at 6.88. Initial support is at 6.29, as long as this level holds we'd expect the uptrend to continue. Note: Chairman Berger bought on Thursday 25,000 shares at $6.15

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Zynga Inc (NASDAQ:ZNGA) I am a patient investor here. I really like this setup. The stock is bullishly flagging just below the 50-day EMA on low volume. The real fireworks should begin if price can close above $2.74. As long as the stock can remain above $2.64, I like the stock. The OBV line is starting to curl upward, which should eventually lead to price increases. That bodes well for a breakout imho. Keep in mind, last week Zynga was raised to "Buy" from "Hold" and the price target was set at $4.50 at Jefferies.

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Yahoo! Inc. (NASDAQ:YHOO) is working the overbought conditions. There is a need for some profit taking for some consolidation from these high 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, DGLY, DRYS, FUEL, NETE, VHC, ZNGA

17:35 | Permalink |

Stocks to Watch for November 21, 2014

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The Rubicon Project Inc (NYSE:RUBI) has been on fire the past few weeks and looks ready to make another upside move. The stock had a bullish momentum today, gaining more than 5% and closing near the highs of the session. Thursday’s high was $14,43 which is resistance for Friday’s continuation move. Price is expected to at least rally the next resistance at $15.41 and even go higher to test the level at $20. The forecast is valid only if the price of RUBI stays above $13.50.

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Zynga Inc (NASDAQ:ZNGA) very constructive price action as the stock pulls back on lighter volume. It is flagging here on the daily chart trading in very tight channel the last 7 sessions. If it's breaks $2.80 it will absolutely fly into the $3's right away.

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Office Depot Inc (NASDAQ:ODP) Still flagging. Over 6.96 this one could move fast.

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Gigamon Inc (NYSE:GIMO) Bounce off 100 & 20 EMAs. Has a gap to fill over 15.15.

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TASER International, Inc. (NASDAQ:TASR) rallied to a new high. As long as the stock trades above the EMA9 I will be looking for long opportunities.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.

Thanks for visiting AC Investor Blog.

AC

Labels: GIMO, ODP, RUBI, TASR, ZNGA

22:11 | Permalink |

Stocks to Watch for November 19, 2014

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Spherix Inc (NASDAQ:SPEX) could be in the early stages of a technical breakout here. The stock price finally closed above the EMA100 on heavy volume for the first time on months. Technicals are showing bullish signals supported by rising MACD and RSI on the daily charts.

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Lorillard Inc. (NYSE:LO) is getting ready to come out of a consolidation pattern. A close above $62.60 gets the party started.

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Heartland Payment Systems, Inc. (NYSE:HPY) is inching closer and closer to another breakout move. Break out watch over 55.

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United Continental Holdings Inc (NYSE:UAL) broke out to new highs on decent volume. The short-term uptrend is intact and signals further bullishness on this stock. Buy the stock in dips with a stop-loss around its EMA13.

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Celldex Therapeutics, Inc. (NASDAQ:CLDX) I used the pullback today as an opportunity to add long positions. From a technical perspective, the daily technical indicators are showing bullish signs. The MACD is positive and rising above its signal line. The RSI is above its 50% level and the CMF is positive. It should resume the rally higher to $22.75 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: CLDX, HPY, LO, SPEX, UAL

21:50 | Permalink |

Stocks to Watch for November 18, 2014

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DryShips Inc. (NASDAQ:DRYS) From a technical standpoint, there are some signs of a possible bounce here due to the positive divergences (MACD & Slow Sto) which often leads to short covering. If the stock price can break through today’s high of $1.46, we should see a strong follow through move. Let’s see whether the stock can gather enough momentum to break through that key level.

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Tata Motors Limited (NYSE:TTM) looks like is close to attempting a new breakout. The stock hit a high of $48.18 but failed to close above that level. I expect to see a high volume move once the stock breaks through resistance, as traders are watching this stock closely.

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PepsiCo, Inc.(NYSE:PEP) is flagging. If it's breaks $98.96 it will absolutely fly into the 100's right away.

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Entergy Corporation (NYSE:ETR) had a nice surge a few weeks ago and has been consolidating that move since then. The stock price is displaying upside momentum again and is poised to move higher from these levels. Break out watch over 83.73.

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Zoetis Inc (NYSE:ZTS) hit a new 52-week high, trading as high as 44.43, before settling at a close of 44.23. I'll be watching the stock on Tuesday looking for a follow through move. So far the technical daily chart is still showing buy signal with stock trading above all EMAs with MACD on top of signal line and %K line on top of %D line. Any drop just means better buying opportunity IMHO with a stop around its EMA20.

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Zynga Inc (NASDAQ:ZNGA) has entered into a consolidation phase after rising very fast in the past few days on good EPS. The bias remains bullish. Immediate resistance remains at 2.84 (EMA100). Break above that level could trigger further bullish momentum towards $3 area. Initial support remains at 2.63 ( 50-day exp moving average ).

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: DRYS, ETR, PEP, TTM, ZNGA, ZTS

22:05 | Permalink |

Stocks to Watch for November 17, 2014

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GoPro Inc (NASDAQ:GPRO) has created an interesting chart with the descending trend line broken on Friday, which should be considered as a very bullish sign. Considering the recent breakout, the stock price looks promising and has potential to move back to its November highs in the coming trading sessions. The technical indicators are also confirming the move higher so the odds favor a continuation of the rally. Short-term support is seen at $74.

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Shares of OXiGENE Inc (NASDAQ:OXGN) surged 12.50% or 22 cents to $1.98 per share Friday on massive volume, after Genentech announced FDA approval of bevacizumab (Avastin®) in combination with chemotherapy for treating platinum-resistant. In addition, after market close MLV Reiterated "BUY" rating on Oxigene in light of FDA Approval Of Genentech’s Bevacizumab, with a Price target of $6.50 (+200% premium). The technical daily chart above shows possible new rally as %K line has crossed on top over %D line while RSI is still at oversold level. A/D line also turned up, which shows the stock is being accumulated. Not only the news and rating the following analysis show why this could be a great time to buy the stock. I would not be surprised to see OXGN return to near $2.70 next week IMO.

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Twitter Inc (NYSE:TWTR) The MACD has crossed on the daily timeframe, an extremely bullish sign. The RSI is also signalling a continuation of the rally. I think it's time to ignore some "analysts" and just focus my attention in the chart.

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BlackBerry Ltd (NASDAQ:BBRY) has been showing a consistent up trend since mid-October and made a new 52-week high of $12.54 last week, finally breaking the downtrend line from last July on massive volume. Yesterday's selloff was not a surprise for me, due to the overbought conditions. Back down to re-test recent breakout area. Based on the weekly charts I have discussed, I still believe the stock price has another 30% upside to it and will outperform in the coming weeks. I think the stock price will consolidate here and perhaps make a run to 13-15. Keep in mind, John Chen said last week that BlackBerry has over 3 BILLION in cash now, so i presume that next earnings and EPS should be positive. That's my opinion.

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Jive Software Inc (NASDAQ:JIVE) On my swing long list. Important to see how this acts over the next few sessions. Some serious upside volume coming into this stock over the last few days. The top executives are very bullish as they have purchased total of almost 260,000 shares last week. Something is going on.

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Riverbed Technology, Inc. (NASDAQ:RVBD) Looking at the technical chart, the stock has created a bullish flag which suggests that it may break above the recent highs soon. The company is a takeover candidate.

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Facebook Inc (NASDAQ:FB) added to my swing long list. Stalking as a potential swing long above 75.61.

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, GPRO, JIVE, OXGN, RVBD, TWTR

12:16 | Permalink |

AC Investor Blog

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

Saturday, November 29, 2014

Stocks to Watch for December 01, 2014

Thursday, November 27, 2014

Stocks to Watch for November 28, 2014

Tuesday, November 25, 2014

Stocks to Watch for November 26, 2014

Monday, November 24, 2014

Stocks to Watch for November 25, 2014

Saturday, November 22, 2014

Stocks to Watch for November 24, 2014

Thursday, November 20, 2014

Stocks to Watch for November 21, 2014

Tuesday, November 18, 2014

Stocks to Watch for November 19, 2014

Monday, November 17, 2014

Stocks to Watch for November 18, 2014

Saturday, November 15, 2014

Stocks to Watch for November 17, 2014

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