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Monday, November 30, 2015 

Stocks to Watch for December 01, 2015

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I've mentioned Celladon Corp (NASDAQ:CLDN) for the bulls out there. It looks like the stock is starting to turn back up and daily technical indicators are giving the first bullish signs. I am looking to see this stock re-test its June highs shortly. The MACD is increasing and the stock price has regained its position above all the short-term major EMAs. The nearest trend is in favour of Bulls and CLDN has room to go higher. If the stock can break through $1.89 tomorrow, we should see strong volume drive the stock higher. Also watch out for other resistance levels at $2.04 which is the 100-day exponential moving average.

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VirnetX Holding Corporation (NYSEMKT:VHC) From a technical perspective, there are some signs of a possible bounce here, due to the positive divergences (MACD Hist) and extreme oversold readings, which often leads to short covering. Plus, insiders have been very bullish about the stock and all transcations are stock purchases from CEO and Director. I expect a strong bounce soon.

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Plug Power Inc (NASDAQ:PLUG) displayed relative strength and price finally broke through the 50-day EMA on decent volume. The MACD just crossed above signal, giving the bulls the signal they wanted. It has momentum back on its side.

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Lpath, Inc. (NASDAQ:LPTN) broke the downtrend line that it established since June and traded nearly 3x normal daily volume. The stock has the potential to make a big run this week, so keep a close eye on LPTN and don’t miss the trade.

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Mosaic Co (NYSE:MOS) Positive divergences on daily indicates bounce coming.

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Micron Technology, Inc. (NASDAQ:MU) I alerted this one on Twitter morning as a potential mover and the stock did what it was supposed to do, closing up 37 cents or 2.38% on the day trading more than 13 Million of shares. The stock hit a high of $16.01, which is resistance for Tuesday’s move. MU showed strength throughout the day and should continue this upside move. If the stock can break through this level, I expect to see another strong upside move to $17 and better.

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Ambarella Inc (NASDAQ:AMBA) broke and closed above 50-day EMA on high volume. Looks good here with plenty of room to run to the next resistance at $68.86

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

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Saturday, November 28, 2015 

Biotech Stocks to Watch Next Week

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Lion Biotechnologies Inc (NASDAQ:LBIO) finally broke out of a triangle pattern to the upside last week. The close near its high on Friday should bode well for the stock in the coming week too. From a technical standpoint, the stock is now trading above all the major short-term EMAs and the MACD finally triggered the buy signal indicating that a new upward cycle has begun. The stock is now going to test the resistance level at $7.92 which is the 200-day EMA.

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Esperion Therapeutics Inc (NASDAQ:ESPR) stock is coiling up in a tight pattern for a move higher. I have highlighted a potential ascending triangle formation which if confirmed would project a target around $35. Also take note that on the daily time-frame the MACD has been moving up and the daily slow stochastics and RSI are both rising, indicating bullishness. Another good point of interest is the high amount of shorts in the stock. Could see a short squeeze possibly to >$33 once the gap is reentered. Watching over 29.5 for a trade. ESPR will move very quickly, so keep a very close eye on the stock.

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We finally got the breakout in Repros Therapeutics Inc (NASDAQ:RPRX). Shares rallied past resistance of $1.98 and hit my trigger to open positions. I'll be watching the stock on Monday, looking for a follow through move.

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Valeant Pharmaceuticals Intl Inc (NYSE:VRX) is flagging right here. If we get a breakout from that flag, this stock could see higher prices quickly. I'm using the declining 20-day EMA as resistance. Once the stocks breaks through, we should see a heavy increase in buying. The daily technical chart above shows the momentum indicators have turned up.

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) The stock has been one of the strongest stocks the past month as it has traded from $8.66 in Ocotber, up to $14.93 in mid-Nov. The stock has pulled back to the $12.5-13 range and seems to be setting up for another upside move. It was flat for most of the week until it broke out of a triangle formation on Friday. Immediate resistance is at 13.64 (yesterday’s high). A break above that area could trigger further upside recovery testing $14 area. Watch ZIOP on Monday.

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The short-term outlook for Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) is bullish. Fresh long should be made only when the stock closes above $2.23 ( 50-day exponential moving average ) with an up candle. We need a consistent move above this key resistance line to continue the bullish scenario testing $2.68 (EMA100).

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Clovis Oncology Inc (NASDAQ:CLVS) closed at $32.22 with a gain of 10.49% over Wednesdays close. Congratulations to everyone who profited. I alerted this stock to my twitter followers & readers several times last week before crowd when it was trading around the 27 level. Traders who saw the gold in my alert and took advantage of CLVS 20% climb, then congratulations. This is just another good example of how stocks can rally after they have fallen sharply ;) I sold around $32 as i mentioned on twitter.

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KaloBios Pharmaceuticals Inc (NASDAQ:KBIO) At current levels this stock is pure gambling and I prefer not to gamble. There is too much volatility and the risk is too high in my opinion. Just be careful guys.

Enjoy !!!

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

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Thursday, November 26, 2015 

Stocks to Watch for November 27, 2015

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Clovis Oncology Inc (NASDAQ:CLVS) is starting to heat up and I expect to see it trading above $32 or better very soon. This bottom play has started to bounce nicely off its bottom and the momentum indicators are giving a clear picture of a short-term upward bias. I would not be surprised if it hit $35 at some point next week.

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Plug Power Inc (NASDAQ:PLUG) Price broke through resistance and out of a base formation on a huge volume spike. The next resistance level to watch is at 2.15 (50-day moving average). Above this level could test 2.56 next. On the technical side, indicators are turning up from oversold levels indicating more upside for the stock. A lot of eyes are on PLUG right now so make sure this is on your radar screens. Patience is a virtue.

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AEterna Zentaris Inc. (NASDAQ:AEZS) stock closed above the trigger point on the hourly chart with expanding volume and is registering a strong Bullish signal. Let’s see whether the stock can gather enough momentum to break through Wednesday’s high. If the Bulls are able to push through 11.68, there will be another rally towards $13. Note: On Wednesday, the company reaffirmed that its business and prospects remain fundamentally strong and that the ddilution from Series B Share Purchase Warrants has been substantially eliminated, something that sounds very good for shareholders. Keep the stock under the radar.

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Pan American Silver Corp. (NASDAQ:PAAS) is in a continues short-term uptrend. A move to the $7.50-7.76 range appears likely, however the stock needs to take out the 50-day exponential moving average first.

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

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Tuesday, November 24, 2015 

Stocks to Watch for November 25, 2015

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Clovis Oncology Inc (NASDAQ:CLVS) seems to have bottomed out and is ready for a decent bounce to 32-35 levels where it faces some resistance. We'll have to watch the stock around those levels. If you are long, initial stoploss should be placed at 25. Let's keep an eye on CLVS as i think momentum will pick up.

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Nice day for Acacia Research Corp (NASDAQ:ACTG) today. I alerted this one on Twitter as a possible bounce play and the stock did what it was supposed to do, closing up 22 cents or 4% on the day trading more than 690K shares. The stock hit a high of $5.51, which is resistance for Wednsday’s move. ACTG showed strength throughout the day and should continue this upside move. If the stock can break through 5.58, I expect to see a strong upside move to $6.5 and better. On Watch.

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Straight Path Communications Inc (NYSEMKT:STRP) is showing signs of bottoming out on the charts along with the MACD giving positive signals. The stock has just broke a potential falling wedge pattern which is usually bullish. A move past 10.44 could see a bounce till 12.50

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BlackBerry Ltd (NASDAQ:BBRY) I think the most important level to watch at this point is the 200-day EMA now at $8.25. If this zone is surpassed, getting to $10 would be a possibility. From a technical standpoint the daily chart shows the stock is now back to new rally as %K line is back above %D line while the MACD is moving up showing positive momentum. The high short interest could cause shares to experience a rapid rally if it breaks the 200EMA. Long setup on watch.

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Sunedison Inc (NYSE:SUNE) Strong bounce on heavy volume. The stock opened today`s session at $3.40 and intra-day was ranging at 3.14-4.25 ending the session with a strong gain of 37%. This could be the start of a nice rebound. The current rally should at least push the stock to 5.17 per share where the next resistance is. Stay tuned.

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Prima BioMed Ltd (NASDAQ:PBMD) was a big winner today as the stock ended up $1.23 on the day. I will be watching the stock on Wednesday for a continuation move through Tuesday’s highs of $1.27. Although this trend is encouraging the near-term outlook stays cautious till the stock closes conclusively above 1.35 on heavy volume.

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

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Monday, November 23, 2015 

Stocks to Watch for November 24, 2015

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Arca Biopharma Inc (NASDAQ:ABIO) broke out of a bottom/accumulation pattern today, as the stock closed up 47c or 8.94% on heavy volume, closing above the 50-day EMA for the first time in months. Today’s high is resistance for a follow through move on Tuesday. Looking at the technical chart above MACD and ADX both signal positive strength. The stock still trading above 9-day and 20-day exp moving average, also a bullish sign. Plus, the company will make a presentation at the 27th Annual Piper Jaffray Healthcare Conference on Tuesday, December 1 2015. I believe this conference on Wednesday could be a positive catalyst for ARCA biopharma shares.

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Acacia Research Corp (NASDAQ:ACTG) has been floating around 5.17-5.5 for several trading sessions and I still think the stock could see a sharp move higher from here. Daily technical chart indicates the stock is tremendously oversold, but the RSI is improving and the slow Stochastic is turning higher in oversold zone. If it breaks higher above 5.62 or 9EMA, it could go as high as 6.38 in short-term.

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JD Com Inc (NASDAQ:JD) finally broke out of the consolidation range that I've discussed lately. The stock hit a high of 31.07 and a low of 29.99 during the day. A break over today's high could push it to test $32. The near-term outlook is bullish for the stock. MACD is positive and above the signal line. RSI is moving up and above its 50% level. Long setup.

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PACCAR Inc (NASDAQ:PCAR) I like the idea of getting long with a stop below $50. The MACD is making a bullish crossover and the RSI is also rising. On watch.

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AEterna Zentaris Inc. (NASDAQ:AEZS) has finally closed above its 50-day exponential moving average currently placed around levels of $7.28 and it did so on heavy volume. Plus, the MACD indicator has just started to increase and the RSI is also showing positive signs on the stock. Stock price is expected to at least rally the next resistance at $9.70 and even go higher to test the 200-day EMA at $13.37

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

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Saturday, November 21, 2015 

Stocks to Watch for November 23, 2015

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Celldex Therapeutics, Inc. (NASDAQ:CLDX) which has been building momentum since late-October, broke out of its bullish consolidation on massive volume on news that its Rintega brain cancer vaccine reduced the risk of death from the disease by 47 percent in a 73 patient randomized study. Plus, the survival rate at 2 years was 25% for patients given the vaccine versus none in the control group, so I was motivated to buy more shares. This move broke the stock out of a triple top resistance zone that contained the upmove since August. From a technical standpoint daily technical indicators are looking bullish. The MACD is above its signal line and is moving up in positive territory. CMF is also positive and RSI has moved above its 60% level. On longer-term daily chart, the stock is trading below its 100-day and 200-day EMAs but well above its rising 50-day EMA. The short-term bull market is intact, despite being in a bear market in the medium-term. I think the stock next week can easily re-visit its 200-day EMA at $18.48, if not higher. Based on Friday's news, I expect upgrades coming soon.

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Bellerophon Therapeutics Inc (NASDAQ:BLPH) Calling a bottom is always extremely difficult, but in my opinion this daily technical chart is showing some positive momentum divergences. Honestly, the selling pressure seems to be losing momentum and Friday we saw unusual volume. If the stock can hold the support around 2.85 we may see a bounce to $4 or more very soon. Note: The fact that the company is now trading below cash levels ($4.02 in cash), provides further protection. I bought this stock on Friday...Keep in mind, Bio-mania is back and I am always eager to find these kind of setups (Solid bottoms with positive divergences) and act on them in these times of euphoria.

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Nice runner from Thursday's Twitter buy list. Ambarella Inc (NASDAQ:AMBA) traded nicely on Friday and I’m looking for continuation of the upward direction next week. The stock is a short squeeze candidate, with a short float at 43% equivalent to 6 days of average volume. From a technical standpoint, the daily technical chart shows that the stock is in a rally as %K line is rising on top of %D line as the price is back above the short-term EMAs and with a positive MACD action. The RSI is also rising along with the rise in volumes indicates buying interest in the stock. At the same time, price broke out of downtrend line which goes back to the September top. Can get interesting. Keep close eye on this one for a major rally to the upside.

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It is very clear that the stock wants to move higher again, but too much caution right now. Rambus Inc. (NASDAQ:RMBS) needs to take out $11.34. The break of the resistance line with heavy volume should be the next buy point. The short-term trend is still bullish as the stock is still on top of 9,13 and 20EMAs. Other good news, the RSI is perking up and the MACD is moving up. I think the stock has room to go higher. Watch the stock closely next week.

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BlackBerry Ltd (NASDAQ:BBRY) For the first time in weeks, the 50-day moving average is starting to rise, suggesting that the medium-term trend has switched to bullish. The daily technical indicators remain Bullish. The MACD is positive and above its signal line. The RSI is bullish as it rises above its 50% level and the slow stochastic is climbing towards its neutral zone. Plus, all three short-term EMAs have started moving up. Friday’s intraday high of 7.90 is the highest level the stock has touched in more than two weeks. A break above 8.25 (200EMA) will push the STOCK into a BULL market.

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JD (NASDAQ:JD) looks to be setting up for an upside move. The price is in the top of a short-term trading range. Resistance is $30.26. At this stage it is definitely a wait and see if this key resistance will be easily taken out by the bulls. Stay tuned.

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Alphabet Inc (NASDAQ:GOOGL) has a bullish looking chart. Price broke out to a new all-time high Friday, accompanied by a good volume suggesting higher levels.The stock has been in a nice uptrend for the last two months and it looks very strong with both 50-day and 200-day exp moving averages going up while %K line is on top of %D line. Long setup.

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Straight Path Communications Inc (NYSEMKT:STRP) The daily technical indicators of the stock are gaining some momentum and are close to flashing some buy signals. The trend is down, but this is a good spot to speculate a potential strong oversold bounce.

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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

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Thursday, November 19, 2015 

Stocks to Watch for November 20, 2015

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CSX Corporation (NYSE:CSX) has had a strong week and today it finally broke through its 100-day EMA. The volume confirmed the breakout as it was greater than average. Look for the stock to test the prior highs of October.

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Valeant Pharmaceuticals Intl Inc (NYSE:VRX) finished the day up 15.6% on solid volume of over 23 million of shares exchanging hands on the day. With no resistance between $87 and the 20-day EMA a break above the $87 level can see the stock trade in the $90 area pretty soon. Momentum indicators are slightly bullish now with RSI inching away above the 30% level. Have this on your watchlist.

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Dicks Sporting Goods Inc (NYSE:DKS) has been bouncing nicely and is now trading in the 'gap' area between 37.22 and 39.91 levels. Keep your eyes on this one, it has a nice gap to fill.

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Pacific Biosciences of California (NASDAQ:PACB) The stock continues to act strong setting new highs. Daily technical indicators are looking quite overbought but can stay there for long periods of time. Let the profits run using the rising EMA9 as stop.

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Zix Corporation (NASDAQ:ZIXI) finally broke out to the upside on heavy volume today. Buyable on a pullback to the pivot.

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

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Wednesday, November 18, 2015 

Stocks to Watch for November 19, 2015

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Anavex Life Sciences Corp. (NASDAQ:AVXL) stock today surged 66% or $2.16 to $5.40 per share at ten times average volumn of 3.39 million shares after the company announced that it was preparing regulatory filings for its Alzheimer's treatment. The daily technical chart shows possibillity of a new rally as the stock finally broke the downtrend line from the 14.84 high with volume expansion. Watch for continuation.

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BlackBerry Ltd (NASDAQ:BBRY) Stock broke the downtrend line in late October that was in motion since July, then it came back and back-tested the trendline and rejected it. That's a clear bullish signal until proven otherwise. Nearest resistance is at $7.70. If this level is crossed and the stock is able to sustain above this level, then it might go to $8.27 (EMA200). On the technical side, chart also indicates bullish sign as the 20-day exp moving average has crossed above 50-day exp moving average with RSI line going up and MACD in positive territory.

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Netflix, Inc. (NASDAQ:NFLX) Resistance Breakout. Go long on the break of Wednesday’s high at 121. The momentum in the short-term remains bullish, with MACD trending upwards above its signal line.

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Integrated Device Technology Inc (NASDAQ:IDTI) Nice breakout. If the stock can break today’s high of $27.58, we should see a strong follow through move.

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Synopsys, Inc. (NASDAQ:SNPS) Setting up nicely for new highs.

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Facebook Inc (NASDAQ:FB) continues to perform strongly and appears poised to breakout to new highs. Keep it 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

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Tuesday, November 17, 2015 

Stocks to Watch for November 18, 2015

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I have been following Groupon Inc (NASDAQ:GRPN) for a few days now and surprisingly the stock showed some strength today. A break of $2.81 (9EMA) with force might give room to $3

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) The Nov $14 calls saw some activity, suggesting someone is getting aggressive in the expectation of higher prices. If the stock holds the rising 20-day EMA on a close basis, it should setup for a nice rebound into the 13.75/14 zone. On watch.

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VirnetX Holding Corporation (NYSEMKT:VHC) Possible double bottom forming on daily? The time will tell. However at this point, a bounce off this key area would trigger a bullish entry with the stock price likely to move into the $3.40 level. On watch.

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Micron Technology, Inc. (NASDAQ:MU) appears to be poised for a nice bounce off this bottom. In my view, the stock has formed a bottom in short-term and I expect a move past 15.93 to take the stock towards the target of 16.74 with stop-loss at 14.62. The stock seems to be undervalued at current levels.

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8x8, Inc. (NASDAQ:EGHT) Broke out to a new all-time high today, accompained by a strong volume suggesting higher levels. The stock hit a high of $11.72 which is now resistance for Wednesday’s follow through move.

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Viacom, Inc. (NASDAQ:VIAB) looks to have consolidated and may be getting ready for another leg higher. Long entry is over 52.47


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

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  • I'm a 44 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.

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