AC Investor Blog: 02/01/2017

My Watchlist for Tuesday, February 28

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ImmunoGen, Inc. (NASDAQ:IMGN) Hope you all enjoyed a great start to what could be a great trading week. Wow was the word of the day. A huge congratulations to all those who profited from Friday's alert! The stock rallied for over 23% potential gains today. I took profits and will keep IMGN on my watchlist for a possible re-entry. The next key resistance is located at 3.51 (declining EMA200).

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Alcobra Ltd (NASDAQ:ADHD) Rallied hard today on heavy volume. If it clears back over 1.52 (50-day EMA), may have some good upside.

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Pulmatrix Inc (NASDAQ:PULM) Nice setup here. Big rally in the final hour on Monday. Over 4.62 like it to test last highs. Daily stochastics have flashed a new buy signal as the RSI has turned bullish. Keep it on watch.

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xG Technology Inc (NASDAQ:XGTI) A Doji candlestick has formed on a key support area. The support is at $1.64. Also, stochastic is starting to head north from the extreme oversold area to indicate that buying pressure is building up. We might see a strong bounce here.

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I alerted Catalyst Biosciences Inc (NASDAQ:CBIO) to my twitter followers (Twitter alert in real-time) before crowd when it was trading around the 6 level. The stock closed strongly for a 7 per cent gain to 6.52 with a Bullish Reversal Candlestick. I feel that this stock can easily run to 7.8's in the near term due to its low float.

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Arrowhead Pharmaceuticals Inc (NASDAQ:ARWR) Old alert. Patience always pays off guys. The stock finally broke out above the declining EMA50 on really good volume. All short-term moving averages are below turning up for support. I like this for a swing trade. There is a good chance the stock will continue to move up this week.

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BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) crazy price and volume on Monday. Keep it on your watch list. I expect a continuation of Monday's momentum. Immediate resistance 5.93 and support 5.34

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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: ADHD, ARWR, BCRX, CBIO, IMGN, PULM, XGTI

08:34 | Permalink |

My Watchlist for Monday, February 27

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ImmunoGen, Inc. (NASDAQ:IMGN) which has been in a sideways trading range between 2.30 and 2.60 since early this year, jumped 10 cents, or 3.83% Friday to close at 3.72 on volume above average. That's just slightly above the key resistance and a multi-month high, thus confirming its trend reversal. I expect a continuation of Friday's momentum and a move toward the August 2016 highs in the 3.10-3.25 range. Lastly, momentum indicators and the accumulation line are confirming the breakout.

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Sarepta Therapeutics Inc (NASDAQ:SRPT) had a big pop on Friday and finally broke out of its long-term downtrend line. With a short interest so high, we could see a huge short squeeze here. Daily technical indicators are looking Bullish with the RSI indicator rising while the MACD is cutting above its signal line. Keep it on your watch list going forward.

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OvaScience Inc (NASDAQ:OVAS) I still think this stock looks set to break higher. The -DI line continues to move lower and is placed below the 30 level indicating that sellers are losing momentum while RSI and MACD are rising. Divergences between the stock and momentum indicators should be monitored closely as a trend reversal could be ahead. That is the reason I still holding this stock. Plus, they have a lot of cash. As of September 30, 2016, the company had cash, cash equivalents, and short-term investments of $131.0 million or $3.78 per share.

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Still on my top list. You need to watch ParkerVision, Inc. (NASDAQ:PRKR) stock closely. Director acquired 80,510 shares Friday at 2.11. The stock needs to break and close above its EMA50 to go higher.

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Universal Display Corporation (NASDAQ:OLED) Broke out into all time highs on massive volume. Watching action closely up here. Buyable on a pullback to the pivot.

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Clearside Biomedical Inc (NASDAQ:CLSD made a strong reversal candle yesterday. If the stock can break Friday's high, I think we will rally back to the $9 level.

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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: CLSD, IMGN, OLED, OVAS, PRKR, SRPT

20:06 | Permalink |

My Watchlist for Wednesday, February 22

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Novadaq Technologies Inc. (NASDAQ:NVDQ) is recovering from its recent bottom with MACD moving upwards. It looks like the stock wants to breakout of this bottom, but has not been able to gain the needed momentum. You should keep this stock on your screen radar tomorrow.

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Galectin Therapeutics Inc (NASDAQ:GALT) strong move today on heavy volume. I'll be watching this stock closely tomorrow as I expect to see a strong move once the stock breaks through the $2 level. It would be a strong indicator of a further uptrend in the stock.

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Insys Therapeutics Inc (NASDAQ:INSY) broke the small bull consolidation pattern today. The volume confirmed the breakout as it was greater than average. Today’s high was $12.67, which is resistance for the continuation move on Wednesday. Next key resistance level lies at 13.30 (EMA200)

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Plug Power Inc (NASDAQ:PLUG) is strong and getting stronger every day it seems. If the stock can close above $1.18 tomorrow, then expect more upside. As long as the stock stays above the rising 20-day EMA, the short-term bullish scenario still intact.

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Tandem Diabetes Care Inc (NASDAQ:TNDM) Go long on a close above 2.59

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: GALT, INSY, NVDQ, PLUG, TNDM

22:19 | Permalink |

My Watchlist for Tuesday, February 21

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Puma Biotechnology Inc (NASDAQ:PBYI) broke out in a big way on great volume. I think we will see some nice follow through tomorrow. This was a $70 stock less than 6 months ago. With almost 24% of the float sold short, this stock is due for a big move higher. Shorts need to buy back stock to profit from their bets which only adds fuel to the FIRE. The next resistance area is around the mid $45 range. Stoch and RSI have room to upside. On watch.

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ContraVir Pharmaceuticals Inc (NASDAQ:CTRV) price is consolidating in an ascending triangle formation with a horizontal resistance at 1.66 zone, a break of which could lead to acceleration toward 1.92-2.14 zone. The MACD and RSI are also rising along with the rise in volumes indicates buying interest in the stock.

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Arrowhead Pharmaceuticals Inc (NASDAQ:ARWR) Still holding. Stock could move toward 2.5 area if it breaks the declining EMA50 at 2.26

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BlackBerry Ltd (NASDAQ:BBRY) The stock broke a key resistance level on a volume expansion. Lots of room to the upside. The technical indicators are showing signs of bullishness.

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Roka Bioscience Inc (NASDAQ:ROKA) is possible trend reversal trade if it breaks 4.85 resistance area. The accumulation/distribution line is starting to curl upward, which should eventually lead to price increases.

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SunPower Corporation (NASDAQ:SPWR) is potential breakout trade above 8.05 resistance area.

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Myriad Genetics, Inc. (NASDAQ:MYGN) had a nice breakout on Friday with decent volume. Resistance was taken out with a thrust and could lead to more upside. Watch for trend continuation toward 20 zone short-term.

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: ARWR, BBRY, CTRV, MYGN, PBYI, ROKA, SPWR

06:30 | Permalink |

My Watchlist for Friday, February 17

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Arrowhead Pharmaceuticals Inc (NASDAQ:ARWR) is setting up to break out and has one more level to go, which is $2.27 (EMA50). The stock is a short squeeze candidate, with a short float at 17% equivalent to 15 days of average volume. From a technical standpoint, indicators are looking bullish. MACD crossed back above zero line and RSI is rising in positive territory. Accumulation line is also rising. ARWR is a fast moving stock, so you need to watch it closely tomorrow, because once it breaks through 2.27, it will run fast.

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Leading Brands, Inc (NASDAQ:LBIX) had a big pop today and finally broke out of a base pattern with an increase in volume. I feel that this stock can easily run to 2.7's in the near term due to its low float.

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I'm still holding ParkerVision, Inc. (NASDAQ:PRKR) with patience for higher expected levels ahead. We need to keep a close eye on the EMA50. A break and close above it could take the price towards the next resistance around the $3 level. MACD is rising and CMF is positive, supporting a move higher. On watch.

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Medallion Financial Corp (NASDAQ:MFIN) looks like a possible V-Bounce candidate. Technical chart is displaying upside momentum again. I will be watching this stock closely on Friday for a breakout above 2.50. Plus, I saw unusual options activity.

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PTC Therapeutics, Inc. (NASDAQ:PTCT) tried to breakout above the $14.12 level today but failed. Only a close above this level would suggest further upside.

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Zosano Pharma Corp (NASDAQ:ZSAN) continues to trade heavy volume. The stock needs to work out the extreme overbought conditions with a small correction or consolidation to atract demand again. The immediate support is seen around 2.80. A clear break below this level, could lead price to neutral zone in nearest term testing 2.40 region. On watch.

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: ARWR, LBIX, MFIN, PRKR, PTCT, ZSAN

22:13 | Permalink |

My Watchlist for Monday, February 13

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BlackBerry Ltd (NASDAQ:BBRY) price finally closed above the pivot high last week, breaking a medium-term trading range that has been intact since late December. The Bullish sentiment and the huge short-interest could push the stock price to the nearest resistance of $8. The technical indicators are also sending Bullish signals. On watch.

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ContraVir Pharmaceuticals Inc (NASDAQ:CTRV) special event on Tuesday. The upcoming conference might be the catalyst needed to attract the investor interest again. Besides the conference, the technical daily chart is also showing signs of a potential reversal. The stochastics and RSI are both continuing to head higher in positive territory and the MACD continues to rise, supporting more upside price action. This positive bias could create a scenario for a strong move to the upside with the break of the 1.65 level, potentially fueling a short squeeze rally. Note: Accumulation line remains near the highs.

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RXi Pharmaceuticals Corp (NASDAQ:RXII) Also should be on your radar screen next week. The CEO will present a corporate overview at two leading industry conferences in New York City. The overview will include the Company's proprietary self-delivering RNAi platform and the multiple development and commercialization opportunities available across a broad spectrum of therapeutic areas. On the technical side, daily indicators continue to show bullish momentum and the volume increased significantly. Looking to see if stock can get over 81c for nice bounce into $1's

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First Solar, Inc. (NASDAQ:FSLR) Another stock with a nice look. Resistance Breakout. Go long on the break of Friday’s high at 33.38. MACD crossover and RSI could help it get into 35's again.

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Trillium Therapeutics Inc. (NASDAQ:TRIL) is consolidating nicely under the declining 50-dy EMA. A break and close above 6.30 will take the stock to $8. From a technical standpoint, indicators are looking bullish but giving mixed signals, which is usually during sideways consolidations. Worth watching for a breakout.

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Ocular Therapeutix Inc (NASDAQ:OCUL) broke out on the up side and rallied quickly to near the $9 level on high volumes. Short-term technical indicators are looking bullish and the MACD on the daily chart recently produced a new buy signal. Go long on the break of Friday’s high at 8.91. If the stock can break this key resistance level next week, we should see a strong follow through move.

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Bonanza Creek Energy Inc (NYSE:BCEI) stalking as a potential swing long above 2.42

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: BBRY, BCEI, CTRV, FSLR, OCUL, RXII, TRIL

14:17 | Permalink |

My Watchlist for Thursday, February 09

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Wendys Co (NASDAQ:WEN) is still trading around the $14 level which has been a strong resistance over the past weeks. I plan to buy the stock if it can break Wednesday's high of $14.09. The trend is still up.

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Still watching Cellectar Biosciences Inc (NASDAQ:CLRB), will buy on a close above $1.85 (declining EMA100).

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Vical Incorporated (NASDAQ:VICL) has a chart set to breakout (EMA50). Today, the stock traded more than 662K shares, ten times higher than average and ran as high as 6% from Tuesday’s close. I strongly believe this bullish momentum to continue into tomorrow’s trading session. New bullish MACD cross has occurred on the daily chart. Potential swing long above 2.34 targeting the 2.8 area.

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I have ContraVir Pharmaceuticals Inc (NASDAQ:CTRV) on my watchlist for Thursday. It might attempt to breakout above $1.65 level again and if it succeed we should expect a strong move to the upside.

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DragonWave, Inc.(USA) (NASDAQ:DRWI) There are some signs of a possible bounce at this point due to the extreme oversold conditions and some positive divergences on MACD, which often leads to short covering. A reversal may be on the way. Im long.

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BlackBerry Ltd (NASDAQ:BBRY) we start to see now some signals of rebound as the daily technical chart shows positive momentum is back. Nearest resistance for the stock is at $7.35. If this level is crossed and the stock is able to sustain above this level, then it might go to $8

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Nivalis Therapeutics Inc (NASDAQ:NVLS) surged in the final hour of trading closing at 2.41. The real fireworks should begin if the stock price can close above $2.53. The accumulation line is starting to curl upward which should eventually lead to price increases. Keep it on your watch list going forward.

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: BBRY, CLRB, CTRV, DRWI, NVLS, VICL, WEN

22:33 | Permalink |

My Watchlist for Tuesday, February 07

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Sunshine Heart Incn(NASDAQ:SSH) The daily technical indicators are showing momentum. The MACD has given a Buy signal and the OBV is rising sharply. This usually reflects stronger volume flow and often precedes a price rise. Watch for a pop out of the very large falling wedge towards next resistance in the 6.2 range. I still long.

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Globus Maritime Ltd (NASDAQ:GLBS) broke out of this bull flag pattern I posted on Twitter. Watch for continuation tomorrow targeting the 12 area. Use the EMA9 as stop.

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Conatus Pharmaceuticals Inc (NASDAQ:CNAT) Broke out today on good volume. I'm keeping this on the list for the continuation move. Looks ready to test the highs IMHO

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MacroGenics Inc (NASDAQ:MGNX) remains oversold and but is gaining momentum. A break of $19.2 with force might give room to $21. I entered long today.

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I have been following Aeglea Bio Therapeutics Inc (NASDAQ:AGLE) for a few days now and surprisingly the stock showed some strength today. I believe it is ready to post a nice bounce and I do not see any resistance on the technical chart until $5.40

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Tesla Inc (NASDAQ:TSLA) Keep an eye for a possible breakout over $258.46

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: AGLE, CNAT, GLBS, MGNX, SSH, TSLA

22:10 | Permalink |

AC Investor Blog

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

Tuesday, February 28, 2017

My Watchlist for Tuesday, February 28

Saturday, February 25, 2017

My Watchlist for Monday, February 27

Tuesday, February 21, 2017

My Watchlist for Wednesday, February 22

Monday, February 20, 2017

My Watchlist for Tuesday, February 21

Thursday, February 16, 2017

My Watchlist for Friday, February 17

Sunday, February 12, 2017

My Watchlist for Monday, February 13

Wednesday, February 08, 2017

My Watchlist for Thursday, February 09

Monday, February 06, 2017

My Watchlist for Tuesday, February 07

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