AC Investor Blog: 06/01/2015

Stocks to keep an eye on July, 01 2015

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Sunesis Pharmaceuticals, Inc. (NASDAQ:SNSS) had a great move on the upside today and closed above the 200EMA. The stock is setting up to break out and has one more level to go, which is $3.14. SNSS call options were also very active today, particularly the August $4 calls. Long setup on watch.

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Micron Technology, Inc. (NASDAQ:MU) has achieved a boost during Tuesday’s market as traders witnessed the extreme oversold position, driving shares up 0.5%. I would like to see a break over todays high of 19.10 to indicate possible bounce is on deck. I feel that fundamentally, the stock looks attractive at least for the short term.

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Fitbit Inc (NYSE:FIT) Setting up nicely for new highs.

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Seres Therapeutics Inc (NASDAQ:MCRB) closed at $41.5 on Tuesday, up $3.50 for the day. The technical chart above suggests that stock might find now resistance at $42.36. Only a break above this level would suggest further upside.

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: FIT, MCRB, MU, SNSS

22:36 | Permalink |

Stocks to keep an eye on June 29, 2015

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Northern Trust Corporation (NASDAQ:NTRS) is butting up against 78.88 resistance, which is its all-time high. A break through this key resistance level could lead to $80-80.5, projected by the upper channel line. Thie price has been in an orderly bullish up-channel since early Frebruary. Worth watching for a breakout.

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It looks like Giga-tronics, Incorporated (NASDAQ:GIGA) is starting to turn back up and indicators are giving the first bullish signs. On Friday it closed just slightly below its 50-day EMA, which if broken could accelerate the stock toward its June highs around the 2.20 area. A volatility squeeze seems eminent. You want to watch the stock closely as GIGA can move quickly and you want to be ready for this move once it happens.

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Microsoft Corporation (NASDAQ:MSFT) after topping in April, the stock has been in decline, making new lower lows and lower highs.The stock has a strong support at about $45 and the 100-day EMA is being defended as well. Ñext week the Bulls need to hold price above this key level on daily closing basis or the Bears will likely keep pressing for the gap fill. Keep the stock on your trading screen for Monday.

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Here's a potential breakdown play - 500 dot com Ltd (NYSE:WBAI). Daily technical chart shows a rising wedge pattern with a negative MACD divergence implying that a trend reversal is on the cards.

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: GIGA, MSFT, NTRS, WBAI

22:16 | Permalink |

Stocks to keep an eye on June 26, 2015

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Rocket Fuel Inc (NASDAQ:FUEL) The stock made an awesome move breaking out of a major resistance line (50EMA) with volume backed confirmation. I went long as its quite possible we should see a short term move near $10.5/share. The technical chart shows bullish sign with +DI line on top of -DI line and MACD rising. There could be good upside in FUEL so watch the stock closely on Friday.

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Gogo Inc (NASDAQ:GOGO) broke through resistance at $23.10 accompanied with high volume. We should be able to see some decent upside movement for the bulls here. Next resistance lies at $25

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Groupon Inc (NASDAQ:GRPN) is already at extremely oversold conditions with daily RSI (9) at 23. The MACD indicator has stabilized and volatility is dropping. On watch for a potential bounce.

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) has recovered nicely and can potentially set-up very well for a swing-trade if the stock breaks through the next resistance level at $12.59. Let's keep an eye on it.

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Gevo, Inc. (NASDAQ:GEVO) Volume starts to pick up again (mainly in the final hour of trading). Could make a huge move to the upside. Keep it on your watch list. A break of $4 with force might give stock room to $4.36.

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: FUEL, GEVO, GOGO, GRPN, ZIOP

23:03 | Permalink |

Stocks to keep an eye on June 24, 2015

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J C Penney Company Inc (NYSE:JCP) had another very productive day as we saw gains of over 3 percent and I believe it has more room to run. Technically speaking, the stock broke the downtrend line off the $9.50 high on solid volume. Daily technical indicators are giving Bullish signals. The MACD crossed above its signal line in negative zone and the RSI is back above its 50 line and points north. The July $9 call options have been active. You want to keep this stock on your screen for Wednesday’s trading.

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Genworth Financial Inc (NYSE:GNW) The stock is setting up to break out and has one more level to go, which is $8.12. Daily technical indicators are in bullish zones. The MACD has formed a bullish rounding bottom and crossed above its signal line. RSI is showing good upward momentum by crossing above its 50 line to enter into the Bullish zone. Watch the stock closely today and once it breaks $8.12, get ready to jump in.....

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I'm keeping Vascular Biogenics Ltd (NASDAQ:VBLT) on the list for a possible move today. The stock has been strong, which leads me to believe that there is a buyer and we could see another strong up move soon. Daily technical indicators are pointing to a breakout. For investors who are interested in VBLT could watch for the breakout at $6.44 since the breach of this critical resistance is a sign of reversal from a down trend. Currently prices are supported by 50 & 100 EMAs. The stock has plenty of room to run.

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Bioline RX Ltd (NASDAQ:BLRX) looks a nice long candidate. Extremely bullish moves on BLRX are taking place over the last session’s. Yesterday, the stock jumped seven percent with good volume. MACD still giving buy signal and is currently above the 0 line. This momentum could push this stock much higher from here, so keep it on the radar. The next major resistance is located at $2.45. Existing holders may remain invested with a stop loss at $2.07 (9EMA).

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Lion Biotechnologies Inc (NASDAQ:LBIO) With its support around the $9 levels, yesterday candle proved that this support is holding nicely and that a bounce is about to take place. Daily technical indicators are showing some nascent signs of bullishness. If we reclaim the $10 level and hold, i expect a rapid move toward 10.5 area.

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Unusual high volume detected on shares of Speed Commerce Inc (NASDAQ:SPDC) Tuesday. The stock will face short-term resistance at 38c. Once this level is crossed with good volumes, the stock can go to 46c then 51c.

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Voltari Corp (NASDAQ:VLTC) There are several indications I see which suggest a near-term bottom, including large positive divergences on CMF, RSI and MACD. A break above 7.05 on a close basis should be seen as a serious threat for the stock to test the $9 levels again. Until that happens traders will want to be on high-alert to the possibility of a bullish reversal. Keep VLTC on your screen for Wednesday’s trading session.

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: BLRX, GNW, JCP, LBIO, SPDC, VBLT, VLTC

09:07 | Permalink |

Stocks to keep an eye on June 23, 2015

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Sorrento Therapeutics Inc (NASDAQ:SRNE) hit a new 52-week high today, trading as high as $17.05, before settling at a close of $16.82. I'll be watching the stock on Tuesday, looking for a follow through move. Resistance reflects today’s high of $17.05.

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Stratasys, Ltd. (NASDAQ:SSYS) has been trying to bottom for a couple of days now. There have been some pretty bullish candles forming on daily and it seems to me like it is ready to turn up. For the first time in weeks, RSI chart has a positive crossover, indicating bullish outlook and MACD still rising. The next major resistance level for stock is located at $38.44. A close above would be very bullish. On watch.

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Vascular Biogenics Ltd (NASDAQ:VBLT) is showing some signs of a possible reversal. The daily technical chart is now much improved after today’s action. The Slow Sto has reversed again the course and stock regained its 100-day EMA. I bought some today at $6.38 and I think that it could go to $8 relatively soon. On watch.

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Bullish volume pattern. Looks like Bioline RX Ltd (NASDAQ:BLRX) has a good chance to continue higher and a buy could be made as it moves over $2.30. If this happens, BLRX is a good play. The daily technical chart above shows the stock is on a bull market as the stock is trading above all EMAs and MACD has a bullish crossover. In addition, the stock was upgraded by JP Morgan and Roth Capital today with a target price of $5 and $10.5 respectively. Let's keep an eye on it as i think momentum will pick up.

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Celladon Corp (NASDAQ:CLDN) closed the day just above the break out point after some decent swings. The stock may attempt to go higher from here. If the near-by support at $2.23 (EMA13) holds up this week, a rally up to the $2.76 level is probable or even possible. Only a close below $2.23 would negate the positive outlook.

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: BLRX, CLDN, SRNE, SSYS, VBLT

22:34 | Permalink |

Stocks to keep an eye on June 22, 2015

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Intersil Corp (NASDAQ:ISIL) broke the downtrend line last week on decent volume and looks like it is taking a little breather here before moving back above the $13.70 zone which would be the next buy point. If momentum continues as I expect next week, I think there are lot of profits left on the table for traders to capitalize on. Options traders are buying calls. A quick look at the technical daily chart :

1) MACD lines are going up
2) RSI still above the neutral 50 level at 54, buyers strength still persists.
3) CMF is positive
4) The +DI crossed up through the -DI las week - Bullish.
5) OBV still climbing.
6) The accumulation/distribution indicator shows the stock is under strong accumulation

Honestly speaking, there is some upside potential, which makes it worth watching for the next few days. Keep watching the stock.

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Arch Coal Inc (NYSE:ACI) Strong reversal candlestick on the daily technical chart on massive volume. Going long here. The stock closed with an impressive gain of 8% to end the day at 47c after falling about 5% earlier in the session. This creates a bullish scenario for next week. We might see a strong bounce here. On the daily time-frame, the daily MACD lines, MACD-histogram 9EMA and stochastics are all rising supporting the bullish view. If the momentum continues, the initial target price is 57c, followed by 80c. Short-term investors can hold with a stop at 41c

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CymaBay Therapeutics Inc (NASDAQ:CBAY) formed a bullish candle on the daily technical chart and reversed higher on solid volume from the key long-term support level. The stock is on the cusp of a move higher that could take it to the 100-day EMA at 4.20 pretty easily.

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Gevo, Inc. (NASDAQ:GEVO) As I have been mentioned in a few tweets over the past couple of days, I keep holding my long position in GEVO waiting for something BIG. Special points of interest on daily technical chart : The stock has formed a very crucial and strong support around its 50-day EMA and is trading above that level. Money flow index is showing the bullish picture and MACD still positive.

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HD Supply Holdings Inc (NASDAQ:HDS) tagged a new 52-week high on Friday but closed poorly. Shareholders may remain invested with a stop-loss at $33.80 (20EMA).

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Facebook Inc (NASDAQ:FB) has been consolidating the past few days and just recently started inching above most of the consolidation zone. Volume is starting to pick up and there could be a decent short squeeze if it clears the 83.20 level. On watch.

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: ACI, CBAY, FB, GEVO, HDS, ISIL

09:55 | Permalink |

Stocks to keep an eye on June 19, 2015

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InnerWorkings, Inc. (NASDAQ:INWK) Nice price movement on high volume today. The stock over the last 3 months has been consolidating its recent big run-up. At this point, the daily technical chart shows a stock that is right on the cusp of a big breakout. A move above 6.99 would confirm the breakout and could lead to 7.75 initially and then 8.16, my secondary target. The MACD is moving up showing positive momentum while RSI is also increasing and is now above the 50% level. Im long.

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Sonus Networks, Inc. (NASDAQ:SONS) is showing signs of bottoming out on the charts along with the MACD giving positive signals. As you can see from its chart, the stock has finally closed above its major resistance, which suggests that we're literally seeing that the trend is changing. Investors with a short/medium-term horizon can hold the stock with stop-loss at 7.72 and for the long-term with deeper stop at 7.5 levels. Significant jump above 8.55 can take the stock northwards to 8.9 or even to 9.60. I'll maintain long exposure so long as that stock stays above 7.72.

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Stamps com Inc (NASDAQ:STMP) bounced nicely off the 20-day EMA this week. The price should test the recent highs soon and possible new highs in the weeks ahead. On watch.

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Shares of Prima Biomed Ltd. (NASDAQ:PBMD) are clearly under accumulation at current levels as traders become familiar with this company's potential. Any close above the $2 mark should be seen as a serious threat for the stock to test the 2.40 area. Until that happens traders will want to be on high-alert to the possibility of a bullish reversal. Keep PBMD on your screen for Friday’s trading session.

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Las Vegas Sands Corp. (NYSE:LVS) regained the 100-day exp moving average for the first time in over two weeks and MACD just crossed above the zero line, giving the bulls the signal they wanted. The stock has momentum back on its side.

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: INKW, LVS, PBMD, SONS, STMP

22:35 | Permalink |

Stocks to keep an eye on June 18, 2015

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Second Sight Medical Products Inc (NASDAQ:EYES) Huge run from my 14.75 alert yesterday on twitter. Finally today the price broke and closed above the neckline of the large Cup and Handle formation. The volume was also above average, indicating that it was time to enter a position. If the stock can break today’s high of $15.96, we should see a strong follow through move. The Cup and Handle breakout has a measured move to $20 but I have no idea if it will get there. Im long. PS: Bullish catalyst for next week : Second Sight to Present at JMP Securities Life Sciences Conference.

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Sonus Networks, Inc. (NASDAQ:SONS) Got killed a few months ago but now is setting up for a nice trade. Watch for a break above 8.05 (the high of the last peak) Above that level we could see a really nice bounce to 8.70ish. Furthermore, the DI+ is crossing above the DI- and the RSI is back above 50, for the first time in months. All technical indicators are now looking bullish.

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Genworth Financial Inc (NYSE:GNW) momentum has become increasingly bullish over the past few trading sessions and the price is currently consolidating slightly below the 50-day EMA. If it breaks above the intermediate resistance level of 8.12, further up move can be expected.

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Imprivata Inc (NYSE:IMPR) Nice price movement on solid volume today. Looks ready to break a recent high of $16.15. Keep it on your watch list going forward.

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: EYES, GNW, IMPR, SONS

22:33 | Permalink |

Stocks to keep an eye on June 17, 2015

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The daily technical chart of Second Sight Medical Products Inc (NASDAQ:EYES) suggests that the stock could be on the verge of breaking out from a three-month Cup with Handle formation. This is a bullish pattern and once price breaks out of the neckline, it would give a target of around $20. Technically speaking, the stock is showing some strength along with the momentum. Adding to my conviction is that the stock continues to trade above all the exp moving averages and specially the ever critical 200-EMA which is now located at 12.92. Long setup on watch.

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Boingo Wireless Inc (NASDAQ:WIFI) had a nice surge a few weeks ago and has been in the process of consolidating. Breakout over $9.20 for a daytrade.

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Ocwen Financial Corp (NYSE:OCN) I am still convinced that a big breakout is coming sooner or later and the move will be powerful if it breaks out upwards, due to the high short interest.

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Voltari Corp (NASDAQ:VLTC) Ready for a big move. MACD indicator began showing signs of reversal, and a break above resistance at 7.50 would open the door for a rally to test the recent highs.

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ITT Educational Services, Inc. (NYSE:ESI) Good for swing trade. After Friday’s pocket pivot move up through the 50-day EMA, the stock continues to hold this key support line, that opens the door to an eventual retest of the 6.3-6.60 area.

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Lumber Liquidators Holdings Inc (NYSE:LL) appears to be poised for a nice bounce off this bottom. The rising MACD may be an early sign of trend reversal. The company has been making headlines lately with some major announcements. On watch.

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: ESI, EYES, LL, OCN, VLTC, WIFI

22:25 | Permalink |

Stocks to keep an eye on June 16, 2015

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Zulily Inc (NASDAQ:ZU) broke out of a small consolidation pattern on High volume and could eventually rally up to test its recent high. Looking at the daily technical daily chart the near-term outlook is positive. ADX is starting to point up. The Relative Strength Index is also moving higher, which is a sign of growing strength in the stock and MACD is also giving a positive indication. ZU will move quickly, so keep it on your screen on Tuesday.

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Ballard Power Systems Inc. (NASDAQ:BLDP) Could be a high flyer on breakout, look for a break and close above $2.5 to enter longs. Daily technical indicators are looking Bullish.

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Idera Pharmaceuticals Inc (NASDAQ:IDRA) I see a potential inverted head and shoulders pattern forming on daily charts. If the stock price breaks out of the neckline, target level is around $5.20. My model is mixed with upside bias. For now lets wait for that break out to occur.

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Cyberark Software Ltd (NASDAQ:CYBR) established a new 52-week high today of 71.86, however in the final hour stock retracted closing at $70.83. Overall technical indicators are still in Bullishs areas. Let's see if tomorrow stock will confirm intraday breakout.

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: BLDP, CYBR, IDRA, ZU

22:46 | Permalink |

AC Investor Blog

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

Tuesday, June 30, 2015

Stocks to keep an eye on July, 01 2015

Saturday, June 27, 2015

Stocks to keep an eye on June 29, 2015

Thursday, June 25, 2015

Stocks to keep an eye on June 26, 2015

Wednesday, June 24, 2015

Stocks to keep an eye on June 24, 2015

Monday, June 22, 2015

Stocks to keep an eye on June 23, 2015

Sunday, June 21, 2015

Stocks to keep an eye on June 22, 2015

Thursday, June 18, 2015

Stocks to keep an eye on June 19, 2015

Wednesday, June 17, 2015

Stocks to keep an eye on June 18, 2015

Tuesday, June 16, 2015

Stocks to keep an eye on June 17, 2015

Monday, June 15, 2015

Stocks to keep an eye on June 16, 2015

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