-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

« Home | Stocks to keep an eye on August 20, 2015 » | Stocks to keep an eye on August 18, 2015 » | Stocks to keep an eye on August 17, 2015 » | Stocks to keep an eye on August 12, 2015 » | Stocks to keep an eye on August 11, 2015 » | Here are a few setups to watch next week on the lo... » | Stocks to keep an eye on July 23, 2015 » | Stocks to keep an eye on July 21, 2015 » | Stocks to keep an eye on July 20, 2015 » | Stocks to keep an eye on July 17, 2015 » 

Saturday, August 22, 2015 

Stocks to keep an eye on August 24, 2015

( click to enlarge )

Lifelock Inc (NYSE:LOCK) appears to have broken out of a base formation, spiking above the resistance line. The stock closed Friday up 36c to 8.06 and is setting up for a possible move to the 10 area. A clear break above 8.65 could lead to short covering and potentially a short squeeze. Momentum indicators are bouncing off oversold conditions and CMF is very positive (strong and getting stronger).

( click to enlarge )

3D Systems Corporation (NYSE:DDD) showed relative strength on high volume Friday compared to rest of market, which is a very good sign. If momentum continues as I expect next week, we could have formed a double bottom formation here. The indicators are showing signs of upward reversal. A rally above the 9EMA can push the stock higher to 14.30 and 15.15 in the medium term. Next supports are at 11.82 and 11.66.

( click to enlarge )

Juno Lighting (NASDAQ:JUNO) I feel this is a potential bounce candidate if market bounces next week. Note the positive divergences on the MACD Histogram and the CMF.

( click to enlarge )

Ampio Pharmaceuticals Inc (NYSEMKT:AMPE) Nice Bullish candle Friday on above average volume. It has a gap and 100EMA declining resistance above. At this point and given the current stock levels, it is very important for it to break 3.19 level very soon.

( click to enlarge )

Net 1 UEPS Technologies Inc (NASDAQ:UEPS) broke out on Friday but was unable to sustain those prices (due to the market conditions) and has moved back within the channel. As long as the price trades above the 20EMA support, its ongoing intermediate uptrend will stay intact.

( click to enlarge )

Apple Inc. (NASDAQ:AAPL) has a strong support between 104.93 and 103.32 which can not easily be broken IMO however the bias remains bearish in nearest term. Immediate resistance is seen around 107.5. A clear break above that area on a close basis could lead price to neutral zone in nearest term testing 112. The stock is very oversold, so a pullback is on the cards.

( click to enlarge )

OHR Pharmaceutical Inc (NASDAQ:OHRP) With Soros on the list and with so many catalysts going forward I will keep my shares for the time being. Worth reading "Analysts Bullish on OHR Pharma Amid Positive Study" The strong accumulation in late July has shown funds moving into the company.

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: , , , , , ,

Bookmark and Share

Contact

About Me

    Photobucket
  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

  • Benzinga.com supporter

    Benzinga.com supporter



    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google