AC Investor Blog: 01/01/2015

Stocks to keep an eye on February 2, 2015

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Sanchez Energy Corp (NYSE:SN) looks right on the verge of a breakout. This has been under accumulation since mid Dec, as can be seen in the chart (Indicator A/D) and during the recent uptrend the accumulation has been strong. The price is trading above the 20-day exponential moving average, which worked well in past during the rise and decline. Friday's move was backed by volumes, indicating buying. The daily RSI is also on the verge of crossing 60 levels again into bullish range. Watch this stock if it breaks next week above the 50-day EMA. It's a short-squeeze candidate.

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BlackBerry Ltd (NASDAQ:BBRY) There is no change in my view about Blackberry and my outlook stays same as what I have been mentioning for past 6 months. The technical daily chart above shows the stock is in bull market with 50-day exp moving average on top over 200-day exp moving average and we are seeing higher highs and higher lows. I have been accumulating shares at an average price of 8.86 as i mentioned several times on twitter.

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FireEye Inc (NASDAQ:FEYE) The stock showed relative strength yesterday, holding up well while the market got hit. I will be watching the stock on Monday for a continuation move through Friday’s highs of $34.70. Although this uptrend is encouraging, the medium-term outlook stays cautious till the stock closes conclusively above the 200-day exp moving average on heavy volume.

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Marvell Technology Group Ltd. (NASDAQ:MRVL) has successfully back tested the breakout level. If the stock breaks this bullish flag formation to the upside next week a measured move gives us new highs. Watch for a breakout over 15.77

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Nice breakout on SandRidge Permian Trust (NYSE:PER) with strong volume. Momentum picking up with MACD climbing and RSI rising. Look for a quick run to $8.50 then on to $8.86

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) Strong looking chart. Sitting just under highs. The stock seems to be looking for a reason to push it upward towards 9.64 where next resistance is formed. From a technical perspective, the stock still looks bullish with MACD and RSI both in Bullish areas. Short-term 9-day exp moving average which is at 8.20 will now act as a support. One to watch next week for sure.

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Another stock to watch next week is Zogenix, Inc. (NASDAQ:ZGNX) The company announced on Friday (after market close) that FDA has approved a new formulation of Zohydro ER Extended-Release Capsules, CII, with BeadTek. It's gonna squeeze some shorts.

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, FEYE, MRVL, PER, SN, ZGNX, ZIOP

13:22 | Permalink |

Stocks to keep an eye on January 30, 2015

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There is a possibility of a break out in Apple Inc. (NASDAQ:AAPL) shares for the following reasons:

- Very strong earnings report.
- The stock has been trading within a steep uptrend over the past two weeks and the momentum should continue to drive the stock higher.
- The volumes on this stock are up as seen in the chart
- The MACD is rising and still in the positive zone
- The RSI is still not showing the stock as expensive
- The stock is comfortably above the 200 and 50 day exponential moving averages.
- The volume chart from OBV has been on an upside.

At this point and given the current stock levels, it is important for it to break 119.75 level soon.

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Hologic, Inc.(NASDAQ:HOLX) broke out and never stopped all day. There is a good chance the stock will continue to move up.

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Kraft Foods Group Inc (NASDAQ:KRFT) is pulling back to breakout area. The stock could find support here and resume the uptrend. Only a close below $64 would change the short-term outlook to bearish for the stock.

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Microsemi Corporation (NASDAQ:MSCC) Still watching it, especially after today's action. The MACD-histogram has been sloping up and the RSI is rising, indicating bullishness. Watching over $29.26 for a trade.

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: HOLX, KRFT, MSCC, YHOO

23:00 | Permalink |

Stocks to keep an eye on January 28, 2015

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Apple Inc. (NASDAQ:AAPL) is trading higher after hours as the company released strong earnings. Tomorrow, I expect the stock to gap higher. There will be very heavy volume and there should be good opportunity for trades. The levels to watch on upside will be at 114.77 and 119.75

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VirnetX Holding Corporation (NYSEMKT:VHC) on the way to test the $6.85 level again. The stock has rallied 15% in the past 5 sessions and the volume levels have been increased a bit, paving the way for potentially massive breakout. The upward momentum is also complemented by strong support levels by the 13 & 20 EMAs and a very strong RSI of 64. The MACD is bullish as it is trending above the zero line. Histogram is also giving the green light, as it has moved from a bottom position back up toward the zero line. In addition, the 32% short interest could add fuel to a break out. Lets keep an eye on it.

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Nam Tai Property Inc (NYSE:NTP) is a breakout candidate, as resistance around $4.88 is under pressure. The chart shows a bullish sign. MACD lines are going up and RSI is rising above the neutral 50 level, buyers strength still persists. If the stock moves above this key resistance area it could rise till 5.5-5.66.

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Mid-Con Energy Partners LP (NASDAQ:MCEP) Despite the bearish market action, the stock performed well. From a technical standpoint, it looks like a bottom formation here. A breakout over $5.72 tomorrow with strong volume would send this flying. Worth watching going forward. This company will give a nice dividend yield in February.

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Array Biopharma Inc (NASDAQ:ARRY) made a new 52-week high but gave back some gains. If it can break above $8.01 tomorrow, then expect more upside. Otherwise, we could see a pullback before continuing higher again.

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Plug Power Inc (NASDAQ:PLUG) is coming up to a big level, as the stock is near its 50-day exponential moving average. I'll be watching this stock closely tomorrow as I expect to see a strong move once the stock breaks through resistance. A move past $3.29 would be a strong indicator of a further uptrend in the stock.

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, ARRY, MCEP, NTP, PLUG, VHC

23:05 | Permalink |

Stocks to keep an eye on January 27, 2015

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FuelCell Energy Inc (NASDAQ:FCEL) finally broke out of the bottom base formation accompanied by strong volume. Watch for a continuation move tomorrow.

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Plug Power Inc (NASDAQ:PLUG) looks strong on daily charts. The stock closed today above its 20-day EMA of 2.93 with very high volume. From a technical standpoint, the RSI is moving up and above its 50% level. The daily MACD is rising and the A/D is also turning up which means there is more money flowing into the stock. This was a $5 stock less than 3 months ago. I think we'll see some nice follow through tomorrow.

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SandRidge Energy Inc. (NYSE:SD) closed strong above the 20-day EMA for the first time since Nov 2014. This momentum could push this stock much higher from here. Next resistance is now seen at $1.50 then 2.07.

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VirnetX Holding Corporation (NYSEMKT:VHC) was able to get up through the key resistance level ( 50-day exp moving average ) and sustained the move. The stock hit a high of $5.73, which is resistance for Tuesday’s move. If the stock can break through resistance, we should see a strong follow through move. Watch the stock closely tomorrow.

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Wynn Resorts, Limited (NASDAQ:WYNN) is on the verge of a possible technical breakout. The stock closed slightly below the 50-day exponential moving average on the daily chart. Any close above this key EMA is a signal that there is a potential long-term trend change taking place.

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Advanced Micro Devices, Inc. (NASDAQ:AMD) had a very interesting day as it broke out of a small base and closed near the highs. Key resistance is located at 2.66, a break above this level will confirm the short-term bullish trend and will take price up to 2.9 zone.

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, FCEL, PLUG, SD, VHC, WYNN

22:15 | Permalink |

Stocks to keep an eye on January 26, 2015

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A10 Networks Inc (NYSE:ATEN) could be gearing up for a nice run next week so make sure to take action and do not miss out on this opportunity. The stock closed up over 8% yesterday on decent volume in a weak stock market environment, that means there is some serious interest in this stock. Technical indicators point to the stock being in an upward trend already, but in my honest opinion this could be just the beginning of a potential breakout that could bring huge returns. With the company announcing a new partnership with Cisco and technical indicators pointing to a breakout, this stock is a screaming buy right now IMHO....don't miss the boat.....I expect there to be a ton of eyeballs on ATEN next week. A stop-loss should be located at 4.81.

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Zynga Inc (NASDAQ:ZNGA) is finally stepping up after weeks of frustration. The stock is building momentum and broke out of a bullish flag formation yesterday that offers an immediate 2.97/3 upside objective. The technical daily indicators are looking bullish. The MACD has climbed up above its signal line in positive territory. Slow stochastic and the Relative strenght Index have just about managed to move above their 50% levels. This stock should be on your watchlist next week.

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BlackBerry Ltd (NASDAQ:BBRY) From a technical standpoint, the stock is clearly in a bull market and showing signs of wanting to move higher. The stock is trading above all EMAs and the 50-day EMA is above the 200-day EMA, indicative of the longer term trend. The technical indicators are slightly bearish, but showing signs of turning around. The daily MACD indicator is slightly negative and below its signal line, but trying to move up again. The slow stochastic has climbed out of its oversold zone and RSI is now in the bullish territory. A clear break and daily close above 11.11 could trigger further bullish pressure testing the recent highs. I still believe there is a good chance the Samsung rumor (Reuters) could be true. Coincidences or not, the Canada-Korea Free Trade Agreement entered into effect on January 1, 2015, which opens the door to any agreement between both companies. I'm really bullish on this stock.

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Pandora Media Inc (NYSE:P) looks to have bottomed IMHO. Closed above the 20EMA on high volume. Bullish MACD crossover and RSI is rising. The 50-day EMA is located at $18.01 and the 200-day EMA is at $22.34. This stock should be on your watchlist next week.

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ANADIGICS, Inc. (NASDAQ:ANAD) Closed above the 200-day EMA and out of the pennant formation. The technical indicators are looking bullish. The MACD is positive and above its rising signal line. A breakout above the key resistance at 1.05 could take the stock much higher as the chart shows little resistance.

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Rambus Inc. (NASDAQ:RMBS) The stock once again found support last week at 10 and closed above the $10.50 zone on Friday, indicating the presence of buyers. In the short term, we could argue the stock has produced a bullish double bottom, but we need to see a breakout above the major EMAs before taking aggressive long positions. The technical daily indicators have corrected oversold conditions, but are looking bearish. 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: ANAD, ATEN, BBRY, P, RMBS, ZNGA

10:53 | Permalink |

Stocks to keep an eye on January 23, 2015

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United States Steel Corporation (NYSE:X) has broken to the upside out of its declining channel. Daily resistances can be found at 23.37 (EMA13) and 24.12. Many tehcnical indicators are also bouncing off their lows as you can see on chart, which looks encouraging.

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First Solar, Inc. (NASDAQ:FSLR) I'm seeing a potential falling wedge pattern with a nice positive divergence on MACD, and they often break to the upside. A close above 42.55 should be enough to trigger a rally towards the 44 level. The recent bounce remains intact as long as the daily support at 40 holds.

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DryShips Inc. (NASDAQ:DRYS) A break through the top of the wedge at 1.05 could lead initially to 1.36, the recent high. The daily MACD is also diverging positively, suggesting a recover is just ahead.

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Baytex Energy Corp (NYSE:BTE) surged in the final hour of trading closing slightly higher. The real fireworks should begin if the stock price can close above $15.43. Keep it on your watch list going forward.

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Plug Power Inc (NASDAQ:PLUG) broke out of a base pattern with high volume, creating a significant amount of bullish potential. The area comprehended between 3 and 3.15 represents a heavy resistance for shares. Any close above this area, would have positive implications and could drive the stock much higher. Keep the stock on your radar.

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VirnetX Holding Corporation (NYSEMKT:VHC) had a pretty good rebound on price accompanied with volume. On the technical daily chart above, we can see a few technical signals suggesting that a swing higher may be in the cards. First, the MACD is displaying a new bullish crossover. At the same time, we see that the daily stochastics are showing positive momentum from oversold levels, which should reinforce a move higher if near-term resistance at $5.65 is taken out. Finally, The RSI is starting to bounce back from oversold territory. I feel there will be an upside move very soon, which is why I continue to follow this stock. The near-term upside objective is at $6.8. It's a short squeeze candidate with a short ratio of 11 (days to cover).

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: BTE, DRYS, FSLR, PLUG, VHC, X

22:44 | Permalink |

Stocks to keep an eye on January 22, 2015

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RetailMeNot Inc (NASDAQ:SALE) price chart appears to be forming a rounding bottom which is a bullish formation. The RSI is also indicating a positive crossover while MACD is crossing above the zero line (growing momentum). Today's high volume could be a sign of institutional purchases. If it breaks above 14.91 tomorrow, it could reach an initial target of 16.10 and then a secondary target at 16.56.

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Apple Inc. (NASDAQ:AAPL) We may see a breakout soon based on the daily chart above. The MACD histogram is also showing a bullish divergence with the price action. Use the break of the downtrend line, as a point of entry.

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China Recycling Energy Corp. (NASDAQ:CREG) looks to have found a bottom here around 70c, so watch for a breakout above 79 first for confirmation. Technicals are turning up from very oversold levels. Stop 69c.

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Watch carefully this potential double bottom formation in Halliburton Company (NYSE:HAL). The pattern needs to confirm by breaking above the $40.88 resistance. If that break occurs, the stock should be ripe for a long trade. All technicals are looking bullish in short term.

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United Continental Holdings Inc (NYSE:UAL) Cleared this consolidation channel today. Setting up for higher prices.

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Chesapeake Energy Corporation (NYSE:CHK) finally broke above the 50-day EMA in today's trading session. I still like this stock and will be watching it again on Thursday, expecting to see a continuation move. Resistance for tomorrow is $19.91, which was today's high then 20.25.

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Himax Technologies, Inc. (NASDAQ:HIMX) Rallied hard Wednesday on heavy volume. If it clears back over 8.06 (200-day EMA), may have some good 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: AAPL, CHK, CREG, HAL, HIMX, SALE, UAL

22:48 | Permalink |

Stocks to keep an eye on January 21, 2015

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NVIDIA Corporation (NASDAQ:NVDA) The volume was very low on today's session, a little over 3.4 million of shares traded. The stock is currently up against a resistance at $20.24. Perhaps, if it breaks through there, the volume will increase and a run will develop. The MACD indicator is generating a fresh Bull cross while RSI still moving up. Stay tuned.

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The break of this key resistance line with heavy volume should be the next buy point on Immersion Corporation (NASDAQ:IMMR). If it clears resistance at $9.81, the move may be powerful.

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King Digital Entertainment PLC (NYSE:KING) is very close to bottoming. Whether its a short-term bottom or something more, open long positions here could be a good option for a swing trade. The stock today hit a two-month low of 11.96 before reversing higher with a hammer pattern on the daily candlestick chart with volume, which is a good signal, probably a signal of accumulation. I still think this stock is cheap.

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Illumina, Inc. (NASDAQ:ILMN) Daily chart looks Bullish again. Keep an eye for a possible breakout over $199.48

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AMAG Pharmaceuticals, Inc. (NASDAQ:AMAG) Nice move today on solid volume. Traders should watch for a potential breakout over 47.75

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TASER International, Inc. (NASDAQ:TASR) closed the day well positioned to break one important area. So, tomorrow keep an eye on the stock for apossible breakout over $27.65 on a close basis.

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: AMAG, ILMN, IMMR, KING, NVDA, TASR

22:59 | Permalink |

8 stocks to keep an eye on January 20, 2015

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Baytex Energy Corp (NYSE:BTE) The stock price has given a trend line breakout on daily chart on closing basis, which confirms the bull trend in the short-term heading for immediate target of 17.14-18 levels. Plus, closed above the 20-day exponential moving average for the first day since September 2014, a good sign for the bulls. Oscillators like RSI and MACD too supports bullish momentum.

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Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) The stock has been trading in a consolidation range last four weeks and finally witnessed a technical breakout on the daily chart, which confirms the bull trend in the prices. The RSI too indicating a break from the horizontal trendline, which adds to the short-term bullish view. Next major resistance lies at 48.73 (200EMA).

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Novavax, Inc. (NASDAQ:NVAX) stock has witnessed a major break above the horizontal resistance at 6.50 on closing basis, which confirms the bullish move ahead. Plus, the breakout volume was also high as you can see on the chart. Oscillators such as MACD is very bullish and indicates further uptrend. The long-term resistance is at $6.95 (February 2014).

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) continues consolidating just above the 200-day EMA. The overall chart pattern for the stock remains bullish. As long as the stock stays above 4.70 horizontal support, we would stay away from short positions. Any retest of this level should be used to initiate longs.

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FireEye Inc (NASDAQ:FEYE) Looking at the technical chart above the stock bounced off the 100-day EMA of the recent bull move. CMF still positive, so my bias is Bullish. RSI is showing positive divergence. Short-term investors can hold the stock as long as it trades above this support.

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International Paper Co (NYSE:IP) A new buy signal was given yesterday. The stock broke the bullish flag formation on daily chart and i believe that the stock will continue to rally. Plus, MACD also crossed above the signal line. Long setup.

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FedEx Corporation (NYSE:FDX) has broken out of a downtrend line that represented a pause in its October rally from 148.64 to 183.30. Plus, the technical indicator MACD also flashed a new buy signal. Watch for a possible move next into the 180 zone.

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Citigroup Inc (NYSE:C) History could repeat itself if the stock holds the $46 level in the coming days. Friday's close could have marked a bottom. This could be the start of a bounce like we had in February of 2014 and the extreme oversold conditions will also help. As i said on twitter, i went at 46.90.

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: ARNA, BTE, C, crzo, FDX, FEYE, IP, NVAX

15:25 | Permalink |

AC Investor Blog

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

Saturday, January 31, 2015

Stocks to keep an eye on February 2, 2015

Thursday, January 29, 2015

Stocks to keep an eye on January 30, 2015

Tuesday, January 27, 2015

Stocks to keep an eye on January 28, 2015

Monday, January 26, 2015

Stocks to keep an eye on January 27, 2015

Saturday, January 24, 2015

Stocks to keep an eye on January 26, 2015

Thursday, January 22, 2015

Stocks to keep an eye on January 23, 2015

Wednesday, January 21, 2015

Stocks to keep an eye on January 22, 2015

Tuesday, January 20, 2015

Stocks to keep an eye on January 21, 2015

Saturday, January 17, 2015

8 stocks to keep an eye on January 20, 2015

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