AC Investor Blog: 12/01/2016

My Watchlist for Thursday, December 29

Dearest readers,

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The price of Adesto Technologies Corp (NASDAQ:IOTS) stock broke above the downtrend line today on high volume, creating a significant amount of bullish potential. On the technical side, MACD and stochastics all point to upward trend while RSI is also rising. IOTS has a lot of upside potential, so watch it closely on Thursday. Next major resistance lies around the $2.80 level.

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NVIDIA Corporation (NASDAQ:NVDA) broke ascending channel (Hourly chart) to downside on heavy volume today. If it fails to hold the $108 area, a deep pullback could be ahead.

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Histogenics Corp (NASDAQ:HSGX) is a stock that has been basing for a while and technically is due for a break out. Looking at the daily chart above we can see a strong support and buyers coming in around 1.6-1.7 area. Momentum indicators are also showing positive divergences. If it breaks the resistance of 1.85 the stock will fly. The stock's 12-month high of $4.47 is also a huge catalyst for an amazing bounce.

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Valeant Pharmaceuticals Intl Inc (NYSE:VRX) displayed some relative strength today. If it breaks this trendline tomorrow, that would be a long trade with a stop at 13.80

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Level 3 Communications, Inc. (NYSE:LVLT) Still watching this stock, especially after todays action. The 57.50 level needs to be broken as resistance for some momentum to pick up.

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Ophthotech Corp (NASDAQ:OPHT) is in the process of bottoming and I expect a pop above $5.28 at some point in the coming days. Daily technical indicators are showing signs of turning around with MACD curling up and RSI starting to turn up from deep oversold levels. On watch.

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Conatus Pharmaceuticals Inc (NASDAQ:CNAT) If it holds this level tomorrow, we could be setting up for another significant rally. Lower volume on pullback.

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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

Labels: CNAT, HSGX, IOTS, LVLT, NVDA, OPHT, VRX

22:32 | Permalink |

My Watchlist for Wednesday, December 28

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FORM Holdings Corp.(NASDAQ:FH) finally broke out of the downtrend it had been on since October accompanied by good volume. I think we'll see some nice follow through tomorrow. The stock looks good here with plenty of room to run to the next resistance at $2.80. MACD and RSI are giving buy signals.

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Trillium Therapeutics Inc. (NASDAQ:TRIL) is stepping up after weeks of frustration. The stock is building momentum and broke out of a downtrend channel formation on decent volume today. The technical daily indicators are looking bullish. Slow stochastic and the Relative strenght Index have started to rebound from very oversold conditions. This stock should be on your watchlist this week.

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Conatus Pharmaceuticals Inc (NASDAQ:CNAT) continued its bullish momentum today gaining more than 37 percent. There are no changes in my technical outlook. The bias is bullish.

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SCYNEXIS Inc (NASDAQ:SCYX) could be gearing up for another run this week so make sure to take action and do not miss out on this opportunity. I like when insiders are buying back shares and last week they bought 29000, a good sign for the stock. Over 3.76 this could move fast.

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Dicerna Pharmaceuticals Inc (NASDAQ:DRNA) broke out in a big way today on solid volume. I think we'll see some nice follow through tomorrow. The next major resistance area is around the $4 area.

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We witnessed what I consider to be a FANTASTIC trading session on Dataram Corp (NASDAQ:DRAM). The stock exploded from a low of $1.50 to a high of $1.92 for a nice Intraday move of 28% trading more than 1.3 Million of shares. The stock closed at $1.91 just under the high of the day, above the EMA200. Congratulations to all those who profited from yesterday's alert.

There is a vote going on to pick your favorite Trader. If you like my trade-ideas and charts, you can vote for me HERE

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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: CNAT, DRAM, DRNA, FH, SCYX, TRIL

22:21 | Permalink |

My Watchlist for Tuesday, December 27

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Conatus Pharmaceuticals Inc (NASDAQ:CNAT) has been consolidating its gap up in a bull flag formation on hourly chart, and on Friday the stock broke out of that flag and is approaching previous high at around 4.50, which if broken, could lead the way to a re-testing of $5.50. Analysts are very bullish on this stock, with price targets well above current levels, which can serve as a catalyst for a pop in the share price. Last week SunTrust Robinson Humphrey reiterated a Buy rating on Conatus Pharmaceuticals and raised its price target to $26.00. If momentum continues, the stock could break the resistance level of $5.50 and move higher.

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IntelliPharmaCeutics Intl Inc (NASDAQ:IPCI) is consolidating in a large ascending triangle beneath resistance at 3.35, that has contained prices on 2 occasions over the last three months. On Friday, we finally broke the minor resistance of 2.95 on a higher then average volume and now we are going to the top of the consolation pattern. A break through current resistance level at 3.35 area could lead to 4.1 zone on the medium-term.

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Microvision, Inc. (NASDAQ:MVIS) has been under pressure recently but in the last sessions the stock reversed its trend. The daily indicators are also showing signs of reversal. If it can break through the 1.30 resistance level, the stock should have a nice move on the upside.

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Im keeping Dataram Corp (NASDAQ:DRAM) on the list for a possible move this week. The stock recently has been strong, which leads me to believe that there are buyers and we could see another up move soon. DRAM is a fast moving stock, so you need to watch it closely, because once it breaks through 1.72, it will run fast.

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ProNAi Therapeutics Inc (NASDAQ:DNAI) has been slowly creeping higher and I think it could be trading over $1.85 in the short term. DNAI still needs to take out the EMA50 at $1.55. Although the stock did not perform well this year, we finally start to see some signals of rebound as the daily technical chart shows positive momentum is back. I'd look to the $1.55 level moving as the next buy point. If it passes that, then we have room to run to next resistance at $1.85 then 2.15. Let’s keep an eye on it.

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Portola Pharmaceuticals Inc (NASDAQ:PTLA) saw its shares surged almost 34% to $25.06 per share on Friday, after the company said U.S. and European agencies accepted applications for for betrixaban. The stock has the potential to make another big run this week, but a short-term pullback would not surprise as well. As long as price does not break below $24 the outlook is very positive.

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Neovasc Inc (NASDAQ:NVCN) The strong bounce off the EMA200 and the very bullish candle looks pretty promising for longs this week. A break of 2 would confirm continuation of the upmove with a stop loss located at 1.60

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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

Labels: CNAT, DNAI, DRAM, IPCI, MVIS, NVCN, PTLA

17:27 | Permalink |

My Watchlist for Friday, December 23

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IntelliPharmaCeutics Intl Inc (NASDAQ:IPCI) seems to be forming a large ascending triangle pattern with resistance at 3.35 and a possible upside of 4.10. But currently, it is also trading within a tight trading range. The stock needs to break the 2.95 resistance area first on high volume to continue this uptrend and retest the upper line of triangle. From a technical standpoint, there is a big possibility of price to reach 2.95 and beyond in short-term, because MACD has triggered a new buy signal. IPCI can be a great trading stock, but you have to watch it closely.

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MGM Resorts International (NYSE:MGM) continued to show strength on decent volume. If we break the 29.50 resistance level the stock could retest its recent highs.

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ProNAi Therapeutics Inc (NASDAQ:DNAI) is part of my portfolio and I intend to stay with it. From a technical standpoint, the stock is still in bottoming mode, it looks like. A breakout from this sideways zone will give an excellent opportunity for traders to pick up long positions with a stop at 1.30. DNAI could be a good short squeeze opportunity on any positive news. The MACD and Slow Stoc are still rising, a reversal may be on the way.

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Ophthotech Corp (NASDAQ:OPHT) Still on my top list. The stock remains extremely oversold and with MACD showing signs of turning up again a significant bounce is likely from these levels.

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Keep an eye on Opexa Therapeutics Inc (NASDAQ:OPXA) tomorrow. The volume picked up today and it may be starting a rally. Let's keep an eye on it.

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Uranium Resources, Inc. (NASDAQ:URRE) Big bullish engulfing candle today on heavy volume. If we see follow-through tomorrow, it might run hard. A move above 1.75 could spark a nice short-squeeze.

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Energous Corp (NASDAQ:WATT) has proven its bullishness. The stock was able to move past the $18 resistance level today and continued up to as high as 19.26. MACD also followed as well with the movement of the price. Looks ready to test the highs.

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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: DNAI, IPCI, MGM, OPHT, OPXA, URRE, WATT

22:41 | Permalink |

My Watchlist for Thursday, December 22

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Twilio Inc (NYSE:TWLO) Strong breakout of resistance on volume confirmation. Excellent relative strength to broad market. Watch for continuation. Next resistance lies around the $36 level (EMA50).

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Sorrento Therapeutics Inc (NASDAQ:SRNE) could be in the early stages of a technical breakout. A break through today's high on volume could lead this stock to 6-6.25 short-term. I started a position at $5.35 a share.

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Catabasis Pharmaceuticals Inc (NASDAQ:CATB) Today's pullback in the price on low volume has only served to backtest the downtrend line, the bias remains bullish. Technically speaking, I feel that there is a possibility for a strong breakout to the uspide targeting the $5 area. As long as the stock can remain above 3.30. I like the stock.

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Real Goods Solar, Inc.(NASDAQ:RGSE) posted a very strong bullish reversal candle on high volume today and could signal a short-term reversal of the price decline. Next resistance lies at 38c.

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Dataram Corp (NASDAQ:DRAM) has been on a nice uptrend and could be ready to breakout after strong volume in the last trading session. Breakout watch over 1.73

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Clovis Oncology Inc (NASDAQ:CLVS) Another one with a nice look. Poised to breakout to new highs.

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Diana Shipping Inc. (NYSE:DSX) surged in the final hour of trading and closed back over 3.30. The real fireworks should begin if it can close above $3.45. The daily MACD is starting to curl upward again which should eventually lead to price increases. On watch.

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DryShips Inc.(NASDAQ:DRYS) The morning rally was stalled by the resistance and market weakness. It needs to close above the EMA13 to give a new Buy signal. From a technical standpoint, indicators are looking bullish but giving mixed signals, which is usually during sideways consolidations.

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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: CATB, CLVS, DRAM, DRYS, DSX, RGSE, SRNE, TWLO

22:26 | Permalink |

My Watchlist for Tuesday, December 20

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IntelliPharmaCeutics Intl Inc (NASDAQ:IPCI) Old alert. The stock is starting to turn back up and indicators are giving the first bullish signs. The daily MACD is near to cross up and RSI is back over 50. The stock needs to take out resistance at the 2.95 area to continue higher. Keeping it on the list.

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Real Industry Inc (NASDAQ:RELY) is setting up for a potential breakout. Long over 6.20

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Syntel, Inc. (NASDAQ:SYNT) another old alert. Worth watching long above 20.56

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MagneGas Corporation (NASDAQ:MNGA) finally rebounded on heavy volume. It looks like an upside breakout is imminent as the stock completely turned around from Thursday's negative price action. Gonna have to watch it carefully now on Tuesday to see if we've hit bottom and should grab some more shares for the ride back up. Insiders have been buying a "ton" of their company's stock lately.

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Intermolecular Inc (NASDAQ:IMI) nice alert on twitter at 1.08. The stock had a very nice day as it broke out from a large bull flag formation with high volume. I want to see more follow through from this stock on Tuesday.

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Clayton Williams Energy, Inc. (NYSE:CWEI) Poised to breakout to new highs.

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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: CWEI, IMI, IPCI, MNGA, RELY, SYNT

21:56 | Permalink |

My Watchlist for Monday, December 19

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Catabasis Pharmaceuticals Inc (NASDAQ:CATB) appears to have started another rally Friday, closing the trading session up 8% at 2.62 on big volume, which suggests a buying signal. We may be once again at the beginning of a Big breakout for a stock that has proven to explode when momentum plays a part. A break of $3.76 with force might give stock room to $5. On the technical side, MACD gave a buy signal and RSI has been ticking higher. The positive CMF is also a good bullish signal for the short-term. In the start of this month, Wedbush Reiterated an Outperform rating on the stock and set a $15.00 price target. This stock should be on your watchlist.

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Oclaro, Inc. (NASDAQ:OCLR) had a nice move on the upside Friday on heavy volume and looks like it wants to go higher. The nearest resistance stays in 9.58 level, which is a key resistance area that the stock needs to break. The surge in call options activity (Jan strike $10) could signal more gains for the stock in the next few sessions. Keep this stock on your watch list next week.

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Ophthotech Corp (NASDAQ:OPHT) Will Continue to watch this stock. There are several indications that I see on hourly chart which suggest a bottom, including large positive divergences on MACD, RSI and CMF. The bounce should continue into next week.

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BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) Resistance Breakout. Go long on the break of Friday’s high at 6.34. Daily technical indicators are in favor of Bulls.

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Craft Brew Alliance Inc (NASDAQ:BREW) made a nice breakout Friday on strong volume. $18 is the next key level to watch on the upside.

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Quorum Health Corp (NYSE:QHC) looks like a stock that is buyable on any pullback to the pivot. Nice gap to fill.

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First Solar, Inc. (NASDAQ:FSLR) Nice breakout on strong volume. There is a good chance the stock will continue to move up next week.

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Synacor Inc (NASDAQ:SYNC) is still trading sideways. Its technical indicators are showing positive signal and its price bars are trading above the major short-term EMAs. Flagging here. May run higher, keep on watch.

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Gastar Exploration Inc (NYSEMKT:GST) Potential reversal trend. Momentum is coming back to this name. Might be worth watching for a new move to the upside.

Just a last note: Many thanks for helping AC Investor Blog surpass the 20000 Followers on Twitter ! It is very grateful to see that the number of followers are increasing day by day, which hopefully means that some people enjoy my daily stock tips. A BIG THANK YOU to all of you !!

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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: BCRX, BREW, CATB, FSLR, GST, OCLR, OPHT, QHC, SYNC

11:00 | Permalink |

AC Investor Blog

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

Wednesday, December 28, 2016

My Watchlist for Thursday, December 29

Tuesday, December 27, 2016

My Watchlist for Wednesday, December 28

Monday, December 26, 2016

My Watchlist for Tuesday, December 27

Thursday, December 22, 2016

My Watchlist for Friday, December 23

Wednesday, December 21, 2016

My Watchlist for Thursday, December 22

Monday, December 19, 2016

My Watchlist for Tuesday, December 20

Sunday, December 18, 2016

My Watchlist for Monday, December 19

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