AC Investor Blog: 05/01/2017

8 stocks to watch this week

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Tesla Inc (NASDAQ:TSLA) remains one of the hottest stocks on the market and could be ready to breakout of this sideways pattern. Price should become explosive if this daily chart pattern is broken to the upside with volume. Shorts continue to be on the wrong side of the trend.

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Is FORM Holdings Corp. (NASDAQ:FH) on your Radar ? It better be. Insiders have been buying shares at an accelerated place. They bought more than 155000 shares in the last two weeks. The frequency and quantity of the insider activity is a very important indicator of insider sentiment. From a technical standpoint, the stock is reversing off recent lows and is seeing strong buying volume. It broke out of the descending channel and I think it could be in the early stages of a rally that will bring the stock back over $2.25 a share and ultimately $2.60+. FH has an explosive chart in progress. Im long.

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China Auto Logistics Inc (NASDAQ:CALI) has been pulling back after a strong rally early in April. As you can see from the technical daily chart above, in this corrective phase the stock has found strong support around the 2.25-2.30 level on multiple occasions. At this point, traders could expect a strong bounce and a potential breakout of the downtrend line. MACD is curling up and the accumulation remains high.

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Cleveland BioLabs, Inc. (NASDAQ:CBLI) seems to be a promising stock to follow. As I mentioned on Twitter last week, the stock has been developing an interesting pattern accompanied by an increase in the volume. Daily momentum continues to show strength on the daily chart, with RSI above 50 line and MACD in positive territory and above its signal line. Based on this, I believe we could see further gains that could push the stock towards $5. CBLI is a fast moving stock, so you need to watch it closely next week.

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Marvell Technology Group Ltd. (NASDAQ:MRVL) surged 4.31% Friday on one of the heaviest volume sessions this year, with 20 million shares traded. The stock closed slightly below the high of the day, which now represents the next resistance for the follow through move on Tuesday. If a breakout above this level occurs, we could see a continuation of current momentum. After strong gains, the risk of profit taking is high, so play with tight stops.

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Rentech, Inc. (NASDAQ:RTK) showed strength all day on Friday and price broke the descending triangle chart pattern to the upside on volume. The stock is in the process of bottoming and I expect a pop above $.60 at some point in the coming days. Momentum indicators are looking bullish with RSI inching away above the middle level and MACD rising. This momentum could push this stock much higher from here, so keep the stock on your radar for Tuesday’s trading day as there is good upside potential in this move. Short-term levels to watch 56c and 68c.

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Infinera Corp. (NASDAQ:INFN) printed a strong bullish candle on Friday, showing huge buying pressure and the stock looks to be on the cusp of a breakout to the upside. Some technical indicators are turning up here. Further strength above $10.52 opens the door to +$11. Put her on your radar.

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Ocular Therapeutix Inc (NASDAQ:OCUL) On Friday jumped 73 cents, or 7%, on volume and broke definitely out of the pennant formation which the stock has consolidated over last sessions. Watch for continuation.

I would like to take this opportunity to thank all of you for your support, retweets and mentions. Im about to hit 50000 followers on Stock Twists and 25000 on Twitter and that makes me very happy. Unfortunately I cant answer everyone in real-time. The best way to get in contact with me is through my email address here at the blog. Thank you very much.

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: CALI, CBLI, FH, INFN, MRVL, OCUL, RTK, TSLA

21:05 | Permalink |

My Watchlist for Friday, May 26

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I'm watching Superconductor Technologies, Inc. (NASDAQ:SCON) for a possible breakout from current consolidation. This one looks like it wants higher to me.

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Skypeople Fruit Juice Inc (NASDAQ:SPU) On my swing long list. The stock has held support at the 2.50 level and is displaying a screaming buy divergence on the upside. Nearest resistance for the stock is at $3. If this level is crossed and the stock is able to sustain above this level, then it might go to $3.62. Low float stock with a high short interest. A Good catalyst for Bulls :)

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China Auto Logistics Inc (NASDAQ:CALI) Another China stock whose pattern is looking quite good here for higher prices. Looks to be setting up for an upside move, as the stock has held up well the past few sessions. Breakout watch above 2.5

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MannKind Corporation (NASDAQ:MNKD) Breaking out to the upside from its recent consolidation. Thursday’s high of $1.48 is resistance for the next upside move. If the stock can break through this level, we should see another strong move. MNKD can be a good trading stock, so keep it on your radar for the next few sessions.

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Abercrombie & Fitch Co. (NYSE:ANF) is on my watch list. The declining EMA200 at 14.14 is pretty much the pivot here. If it breaks and closes above, we could see 15 quickly.

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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: ANF, CALI, MNKD, SCON, SPU

22:17 | Permalink |

My Watchlist for Tuesday, May 23

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FORM Holdings Corp. (NASDAQ:FH) Could be ready to bounce again! The insiders are very bullish about the stock with very heavy buying last week with total of almost 110.000 shares. The last time they bought so much stock was in September of 2016 and the stock rose more than 100% in just few trading sessions, so let's see if the history will repeat itself. From a technical standpoint, the price action broke this channel upward, giving a strong buy signal. Now that the stock is above the upper line of the channel more buyers should be coming.

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MannKind Corporation (NASDAQ:MNKD) stock was very strong trading 2x normal daily volume. MNKD had big buyers in it all day and looks ready to make another move tomorrow. I am keeping the stock on the list for the next few days and I expect to see the stock pop up to $1.8 again. The next major resistance level for the stock is located at $1.56. A close above this level would be very bullish.

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Applied Optoelectronics Inc (NASDAQ:AAOI) brokeout from a sideways consolidation with large volume. I'll be watching the stock again on Tuesday for a follow through. Resistance is $71.34, which was today’s high.

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BlackBerry Ltd (NASDAQ:BBRY) Shorts continue to get squeezed in this name and the rally has more legs to go. For the first time in many years, the closed above the declining weekly EMA200, which is a strong bullish indicator. Next major resistance lies around the 12.50.

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VirnetX Holding Corporation (NYSEMKT:VHC) is still consolidating above the major EMAs, so i look for further gains towards the 3.6/3.65 resistance area. Uptrend remains intact above the 3.10 level.

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ContraVir Pharmaceuticals Inc (NASDAQ:CTRV) is looking perfect right now, with momentum building to the upside and a Possible breakout coming very soon. Make sure you keep watching CTRV, based on the chart it could be a huge winner (the Accumulation/Distribution line still high and trending sideways). First target 90c

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Acacia Communications, Inc. (NASDAQ:ACIA) still looks poised to break higher. A move above 49.65 would confirm the breakout, with an initial target of 51.12 and secondary target of 55

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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: AAOI, ACIA, BBRY, CTRV, FH, MNKD, VHC

07:37 | Permalink |

My Watchlist for Monday, May 22

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China Commercial Credit Inc (NASDAQ:CCCR) This chart does not need much commentary. On the daily chart you can see that the stock has been under accumulation for the last several weeks. It could be making another move to $3.20 and we could see a break there. Keep this stock on watch.

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Pulmatrix Inc (NASDAQ:PULM) has a very interesting technical chart and could have a bigger move soon. Resistance for this move is $2.87 (EMA50 yellow line). Momentum picking up with MACD climbing and RSI rising. Heavy volume on up days. If we break and close above 2.87 next week, we can run to 3.6 easily. Worth watching for a breakout.

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I continue to support the idea of a significant bounce on Polar Power Inc (NASDAQ:POLA). The stock has confirmed a base on top of its recent low and the daily are pointing to further gains (positive divergences). If the stock can break Friday’s high of $4.82, we should see a strong follow through move. POLA will move very quickly, so keep a very close eye on the stock.

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Catalyst Biosciences Inc (NASDAQ:CBIO) Still loving this setup for a BIG bounce. Buy point would be on the day it blows through $4.13 on heavy volume. Could be a high flyer on breakout.

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Sportsman's Warehouse Holdings Inc (NASDAQ:SPWH) continued to show strength with another gain on strong volume. Friday's rally put shares above the key resistance line at 5.50, which is a very bullish sign. The technical chart looks very bullish with a short/medium term target of $7.11. Technically, a buy on any weakness.

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Frontier Communications Corp (NASDAQ:FTR) broke the small flag formation on very large volume. Friday’s action in the share price leads me to believe that we may see a reversal trend at this level. A move towards $1.54 can be expected as long as $1.29 holds.

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Weight Watchers International, Inc. (NYSE:WTW) continued to show strength and is still worth watching. From a technical point of view, price broke through that critical 25.2 level Friday on solid volume and looks to be heading higher. The stock hit a high of $26.31, which is resistance for Monday’s move.

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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: CBIO, CCCR, FTR, POLA, PULM, SPWH, WTW

08:47 | Permalink |

My Watchlist for Friday, May 19

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HTG Molecular Diagnostics Inc (NASDAQ:HTGM) has been in a major corrective phase in the recent weeks forming a large falling wedge that was broken to the upside. The downtrend that commenced in late March appears to have been completed and MACD is about to climb above the signal line. If it clears resistance around the 3.9-4 area the move may be powerful.

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Inpixon (NASDAQ:INPX) appears to be poised for a nice bounce off this bottom. From my point of view, the stock has formed a bottom and I expect a move past 2.60 to take the stock towards the target of 3.24. The Accumulation/distribution line shows lots of accumulation.

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Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) I will be watching the stock tomorrow for a continuation move through Thursday’s highs of $4.48. The CMF indicator on chart shows the strength of conviction behind this Bullish trend. Lets keep an eye on it.

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athenahealth, Inc (NASDAQ:ATHN) Nice breakout on high volume. There is a good chance the stock will continue to move up. Next resistance lies at 132.84

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Proteostasis Therapeutics Inc (NASDAQ:PTI) Strong bullish candle on decent volume. Watch tomorrow for a follow-through day. Next resistance lies at 5.38 followed by 6.75

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Catalyst Pharmaceuticals Inc (NASDAQ:CPRX) had a nice move, as the stock set new 52-week highs. The stock hit a high of $2.27, which is resistance for the follow through move. Charts on all time frames are bullish.

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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: ACHN, ATHN, CPRX, HTGM, INPX, PTI

22:12 | Permalink |

My Watchlist for Thursday, May 18

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Pulmatrix Inc (NASDAQ:PULM) broke the descending triangle to the upside on expanding volume. Momentum has turned bullish, and a break above resistance at 3.42 would open the door for a rally to 4.50.

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Inpixon (NASDAQ:INPX) Price should become explosive if this chart pattern is broken to the upside with volume. A/D shows that the stock is under strong accumulation. I bought shares today.

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Globalstar, Inc. (NYSEMKT:GSAT) As long as a stock continues to close above the $2.21 level (previous highs), it is considered to be in an uptrend. Puls, the technical indicators still indicate a bullish tone.

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Despite the market sell-off, shares of BlackBerry Ltd (NASDAQ:BBRY) have continued to show strength, losing less that 1%. Bulls are in complete control.

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, GSAT, INPX, PULM

21:40 | Permalink |

My Watchlist for Wednesday, May 17

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BlackBerry Ltd (NASDAQ:BBRY) broke above yesterday's high at $9.77 and rose to $10.18 hitting the highest price in two years. Further rally could be seen to retest $11.09 long-term resistance. As long as the stock stay above 8.50 area, the bullish scenario is still intact. Now that the stock is above the $10 level more buyers should be coming.

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xG Technology Inc (NASDAQ:XGTI) strong enough to say and the Bulls are back. The stock traded higher today, after the company released strong earnings late Tuesday. It gapped higher at the open and traded to the upside all day. That’s a powerful sign that high prices are likely to continue. The daily indicators are showing signs of upward reversal. A rally above the declining 100-day EMA can push the stock higher to 2.75 and 2.92 in the short-term.

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Catalyst Biosciences Inc (NASDAQ:CBIO) Could History Repeat Itself ? Last time the CMF indicator showed similar divergence the stock spiked to well over $18. The chaikin money flow (CMF) is an indicator that helps us (traders) to determine whether a stock is under accumulation or distribution. In this particular case, stock shows signs of accumulation, so based on this technical indicator i added few shares looking for a strong bounce to the upside.

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Digital Ally, Inc. (NASDAQ:DGLY) made a strong run the last hour of the day, on news that the US Army posts a notice of intent to purchase Digital Ally DVM-800 police dash camera kits. I feel that there will be a continuation move tomorrow. There are several short and mid term technical indications suggesting that DGLY could make a move to higher levels. On watch.

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Globalstar, Inc. (NYSEMKT:GSAT) has been a subject of takeover rumors the past three weeks, which has driven the stock straight up. I set resistance at $2.59 and expect to see follow through once the stock breaks through. GSAT has potential for a good upside move, so watch it closely on Wednesday.

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, CBIO, DGLY, GSAT, XGTI

22:19 | Permalink |

My Watchlist for Monday, May 15

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Globalstar, Inc. (NYSEMKT:GSAT) which has been in a nice bullish trend, jumped 38 cents or 19.90% Friday and finished at the highest close in more than eleven months. The move confirmed a breakout from a large sideways price consolidation pattern, in which the stock has been consolidating for the last five months. Next week, I expect continuation of the current uptrend toward the next resistance area around the $3 area. Long setup.

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The Merrimack Pharmaceuticals Inc (NASDAQ:MACK) continued to show strength with another gain. Friday's rally put shares above the declining EMA100 at the $3.57 level, which is a bullish sign. The technical daily chart looks very bullish now with a short-term target of $4.25

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ContraVir Pharmaceuticals Inc (NASDAQ:CTRV) had a nice bounce last week but we need to get another up session with decent volume to solidify this as a bottom. Momentum indicators are in favor of an upward price movement. Watch for trend continuation toward 80c zone short-term.

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Keep a close eye on Monster Digital Inc (NASDAQ:MSDI) next week. I think the stock may have bottomed and could be poised for a bounce back. Note the positive divergences on the MACD and the CMF. If the stock price breaks the 73c level in the next sessions, momentum traders are likely to send the stock up to $1. Keep it on your watch list going forward.

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Proteostasis Therapeutics Inc (NASDAQ:PTI) I still think in the short-term the stock will bounce nicely off this bottom. Looking to see if stock can get over $4.75 for nice bounce into 6's. Many institutions are loading up (JP Morgan, BlackRock Inc, etc..), so i think current levels could prompt a strong bounce to the upside. The stock has a story of Big bounces.

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Quotient Ltd (NASDAQ:QTNT) Thin name with a good looking chart. Should breakout hard to upside when it crosses over $7.54

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VBI Vaccines, Inc. (NASDAQ:VBIV) could be in the early stages of a technical breakout. A break through Friday's high on volume could lead this stock to 5.23-5.5 short-term.

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Superconductor Technologies, Inc. (NASDAQ:SCON) is setting up for possible breakout. Go long on the break and close above the declining 200-day EMA. From a technical standpoint, momentum indicators are 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: CTRV, GSAT, MACK, MSDI, PTI, QTNT, SCON, VBIV

20:30 | Permalink |

AC Investor Blog

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

Monday, May 29, 2017

8 stocks to watch this week

Thursday, May 25, 2017

My Watchlist for Friday, May 26

Tuesday, May 23, 2017

My Watchlist for Tuesday, May 23

Sunday, May 21, 2017

My Watchlist for Monday, May 22

Thursday, May 18, 2017

My Watchlist for Friday, May 19

Wednesday, May 17, 2017

My Watchlist for Thursday, May 18

Tuesday, May 16, 2017

My Watchlist for Wednesday, May 17

Sunday, May 14, 2017

My Watchlist for Monday, May 15

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