AC Investor Blog: 11/01/2017

Stocks to keep an eye on Wednesday, November 29

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Veritone Inc (NASDAQ:VERI) Strong rally on heavy volume. The stock opened today`s session at $22.79 and intra-day was ranging at 22.35-27.89 ending the session with a strong gain of 23.53%. This could be the start of a nice rebound. The current rally should at least push the stock to 30 per share where the next resistance is.

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Social Reality Inc (NASDAQ:SRAX) continues to perform strongly and appears poised to test the highs.

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I have been following SemiLEDs Corporation (NASDAQ:LEDS) for a few days now and surprisingly the stock showed some strength today. A break of $5.64 with force might give room to $7.50..... the stock is starting to turn back up and daily technical indicators are giving the first bullish signs. Long setup/squeeze canidate.

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Fibrocell Science Inc (NASDAQ:FCSC) broke the downtrend line that it established since October on volume. Today's pullback was a just a backtest IMHO. The stock has the potential to make a big run this week, so keep a close eye on FCSC and don’t miss the trade.

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Abercrombie & Fitch Co. (NYSE:ANF) continues to act strong setting new highs. Daily technical indicators are looking quite overbought but can stay there for long periods of time.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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, FCSC, LEDS, SRAX, VERI

21:57 | Permalink |

Few stocks to follow during the upcoming week

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Pareteum Corp (NYSEAMERICAN:TEUM) is another crypto-play stock that i brought to my Twitter followers attention lately. This stock is in the process of bottoming and we expect a pop above $1.2 at some point in the coming days. The volume was sharp on Friday and we could be looking at the beginning of the next crypto-stock rally. Technically, the daily trajectory of the MACD is also pointing to higher prices. Let's see what Monday brings.

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Marathon Patent Group Inc (NASDAQ:MARA) turned into one of the hottest stocks last week and posted some incredible profits for my twitter and blog followers.

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Digital Power Corporation (NYSEAMERICAN:DPW) I had this stock on my watch list on Wednesday and it did not disappoint. It rallied 29% and looks to continue its winning ways next week. Use tight stops.

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MGT Capital Investments Inc. (OTCMKTS:MGTI) what a rally for this stock late in the day on Friday. We have to believe that this rally will resume in earnest at the open on Monday. Based on the current momentum of the crypto stocks, I feel a rally to $3 and better is in the cards short-term. Technically, broke out of a falling wedge pattern. With Bitcoin making new highs seemingly every month, this stock could be on the verge of being discovered by investors again. This company is one of the top BITCOIN PRODUCERS in North America.

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U.S. Global Investors, Inc. (NASDAQ:GROW) broke out to a new all-time high today, accompanied by a good volume suggesting higher levels. All moving averages are below turning up for support. I like this for a swing trade.

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Seven Stars Cloud Group Inc (NASDAQ:SSC) may be close to breaking to new highs here. Volume is starting to pick up again and there could be a decent short squeeze if it clears the May high. Clearing $3.44 could be the beginning of a move to new highs.

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Lannett Company, Inc. (NYSE:LCI) has been on fire the past few weeks and looks ready to make another upside move. The stock recorded a new high in yesterday's session. Friday’s high was $27.6 which is resistance for Monday’s continuation move. As long as the stock stay above 25.5 area, the bullish scenario is still intact. Technical chart shows bullish sign with %K line on top of %D line and MACD on top of signal line. Long setup.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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: DPW, GROW, LCI, MARA, MGTI, SSC, TEUM

20:39 | Permalink |

Stocks to keep an eye on Friday

Hello Everyone!!

First of all Happy Thanksgiving Day to everyone. Tomorrow is gonna be a low volume trading day, however there are some stocks that could offer good opportunities to trade. I selected the following stocks based on the pattern and price action. Some of the stocks mentioned below could see high volatility at these levels, given the sharp rise in price. As always, don't forget to use a stop loss for these particular cases. I continue to see in some small caps high probability of big gains, therefore i will keep them in my portfolio. Trading small caps stocks can be risky, however where there are great risk, there can also be great rewards. My mission is always to share ideas based in something concrete that chart shows, it does not matter if it is small, mid or big caps.

God bless you guys !! Be safe and enjoy this beautiful time of the year !!

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Riot Blockchain Inc (NASDAQ:RIOT) This stock had another bullish session on Wednesday, as this parabolic move continues with force. The RSI is very overbought but continues to point higher.

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Social Reality Inc (NASDAQ:SRAX) broke out yesterday and traded nearly 5x normal daily volume. The daily chart is very bullish with a lot of hot indicators showing up. The slope of this upward move is very steep accompanied by increasing volume. The current momentum could push this stock much higher from here, so keep it on the radar.

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Marathon Patent Group Inc (NASDAQ:MARA) also broke out but failed to close near the highs of the day and above this horizontal resistance level. The stock needs to close above this level on Friday to indicate a continuation of the rally.

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Xerium Technologies, Inc. (NYSE:XRM) The technical daily chart is showing that the stock is on a bounce back rally after it lost more than 50% of its value since the start of August. The RSI is turning up and is now at 40 levels. MACD indicator is rising above 0 also indicating a buy, and KD line shows the stock is on the positive swing. The accumulation line is beginning to turn around which suggests the stock is no longer being sold off. If the Bulls are able to push through the declining EMA20 at 4.13 level, there will be a new rally towards $4.70

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Ampliphi Biosciences Corp (NYSEAMERICAN:APHB) My next small bio cap trade idea has been trading around its EMA50 in the last trading sessions and the stock appears to have successfully reversed its recent downtrend. Momentum indicators are slightly bullish now with RSI rising. The strongest sign of a bullish momentum is the MACD indicator which has just started to increase. Price is expected to at least rally the next resistance at $1.35 and even go higher to test the $1.5 level.

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As I've mentioned earlier, Rewalk Robotics Ltd (NASDAQ:RWLK) has shown increased trading activity and signs of being under accumulation or being bought by institutions. I believe that shares have room for a significant uptick beyond these levels. This stock has a history of big bounces, so keep an eye on it.

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BlackBerry Ltd (NYSE:BB) has been forming a large cup with handle pattern on the daily timeframe. Such type of formation typically resolves itself to the upside. The handle in the chart is resembling a flag formation and this sideways move is usually the final consolidation before the breakout.

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Xunlei Ltd (NASDAQ:XNET) Keep a close eye on this one tomorrow, looks ready to break out into new high territory.

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Another one that looks like a good long opportunity. With yesterday's move on decent volume, Valeant Pharmaceuticals Intl Inc (NYSE:VRX) shares are back over the 200-day exp moving average for the first time in months, which I've been waiting on to add the name back to the portfolio again.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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: APHB, BB, MARA, RIOT, RWLK, SRAX, VRX, XRM

20:43 | Permalink |

Bullish setups for the week ahead

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Helios and Matheson Analytics Inc (NASDAQ:HMNY) is moving fast to its major resistance around the $14 area, a level that has already been tested on many occasions lately. The stock is still evolving within a bullish consolidation pattern (ascending triangle) and considering the strong momentum in the past week, the stock looks set to break higher and rise above this key resiatnce area. Based on the short interest in this name, the risk of a short squeeze is high.

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Ekso Bionics Holdings, Inc. (NASDAQ:EKSO) was a nice winner for my twitter follower when alerted around the $1.75 level on pullback. We had a momentum breakout yesterday and close above the EMA200 for the first time in months. Let’s see whether the stock can gather enough momentum next week to break through the $2.65 area. If the Bulls are able to push through this level, there will be a new rally towards $4

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Microbot Medical Inc (NASDAQ:MBOT) has been basing for the past four months and this consolidation has seen some interesting accumulation days. Yesterday, the stock finally broke its downtrend line (which is shown in yellow lines) and moved higher on solid volume. Looks like price and MACD Lines are getting ready for another leg higher to test the top of the base pattern. ADX is crossing up.

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Big Lots, Inc. (NYSE:BIG) broke above a key resistance area on Friday, closing at 55.05 which is the highest close in more than 11 months. Yesterday's breakout of a multi-month consolidation brings high probability for an uptrend continuation. In the coming days we could see extension of this momentum towards 56.5 area. The technical indicators are supporting a bullish bias.

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Eaton Vance Corp (NYSE:EV) Setting up nicely for new highs. Breakout watch over 52.04

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Twitter Inc (NYSE:TWTR) Good breakout on decent volume. Over $21 like it to test last highs. Daily momentum indicators have flashed a new buy signal. Keep it on watch.

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Egalet Corp (NASDAQ:EGLT) Entered yesterday at 1.02. The stock broke its downtrend line on Thursday and has pulled back to test the breakout level and its rising EMA20. We should resume to the upside.

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Otonomy Inc (NASDAQ:OTIC) watch this consolidation, a volatility squeeze seems imminent.

Just a last note.....Thanks for helping AC Investor Blog surpass the 60000 Followers mark on Stocktwits ! I'm going to try to get 27000 followers on Twitter before the year ends....maybe you guys can help me to achieve my goal by Retweeting... Have a wonderful weekend !!!!

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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: BIG, EGLT, EKSO, EV, HMNY, MBOT, OTIC, TWTR

16:42 | Permalink |

My Watchlist for Thursday, November 16

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Dicerna Pharmaceuticals Inc (NASDAQ:DRNA) broke out today on decent volume, after it has been consolidating the past few trading days. The stock hit a high of $9.69 which is now resistance for Thursday’s follow through move.

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Sangamo Therapeutics Inc (NASDAQ:SGMO) Looks like there were some nice buys coming in today so we might have a possible breakout play here, there is little resistance until $17.06. From the technical chart above, both MACD and RSI are showing bullish sign. Keep an eye on SGMO.

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Abeona Therapeutics Inc (NASDAQ:ABEO) Strong volume breakout of a falling wedge pattern. Look for the $18.9 level as next target.

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Rosetta Genomics Ltd. (NASDAQ:ROSG) low float stocks are getting some love again and this one has a history of big rallies. Technically, could be in the early stages of a technical breakout. Indicators are also showing bullish signals supported by rising MACD and RSI on the daily charts. History can repeat itself, and we could be looking at the start of a rally for the stock short term. Trading low float stocks that have large moves to the downside, can make for great trades when they finally rally as CHFS has done.

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WPCS International Incorporated (NASDAQ:WPCS) What I like about this technical daily chart after today's close is the curling of the MACD. Based on the chart and price action, I think WPCS has a sharp rally coming. The float is just 2.7M of shares.

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Inpixon (NASDAQ:INPX) another low float stock with a good looking chart. Daily MACD is starting to curl, and we could see a quick pop from these levels. It has held the current 37c-42c range with 35c being strong support. Based on the technicals, if it breaks 40c tomorrow, I tend believe it can see 50c or better before weeks end.

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Anthera Pharmaceuticals Inc (NASDAQ:ANTH) a great trading session for this stock and it stock could continue to impress. Add this name to your watchlist.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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: ABEO, ANTH, DRNA, INPX, ROSG, SGMO, WPCS

22:15 | Permalink |

My Watchlist for Wednesday, November 15

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Sorl Auto Parts, Inc. (NASDAQ:SORL) climbs in after-hours after the company released better then expected numbers. The high short interest could be the fuel to ignite a big short-squeeze.

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22nd Century Group Inc (NYSEAMERICAN:XXII) broke the downtrend channel today on big volume and could eventually rally up to test the $3 area again. However there is a strong resistance to break around the $2.41 level. Only a close above this level would suggest further upside. MACD is curling up.

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WPCS International Incorporated (NASDAQ:WPCS) I'm seeing some positive divergences in several key indicators, but this are not confirmed yet, as prices have not shown a confirmed reversal. I still long.

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Rand Logistics, Inc. (NASDAQ:RLOG) is aslo trading higher in the after-hours following the release of the company's Q3 earnings results. Resistances to watch 1.30 the 1.93

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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: RLOG, SORL, WPCS, XXII

22:44 | Permalink |

Here are some setups to watch on Monday

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Twitter Inc (NYSE:TWTR) has bounced back up from its major support zone (rising EMA20) on the daily time frame. The stock has broken its short-term downward trend line to the upside which means that the bulls are taking again the control. If it breaks Friday's high of 20.58 then it could easily push the price towards the 21 resistance level to test the recent highs. The price action is trading above all key major EMAs and the RSI is trading in line with the price action, which further confirms the above argument. Therefore, the bias still to the upside.

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International Business Machines Corp. (NYSE:IBM) The price has been pulling back off the recent highs, pushing the RSI below 50 but the uptrend remains intact. If price fills the gap next week and shows signs of buying, I will take a long position targeting initially the EMA200. Lets wait and the if the market will favour us.

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Juno Therapeutics Inc (NASDAQ:JUNO) A bullish pattern has been formed, further upward move could be on card. The stock reversed strongly on Friday after trading to a low of 53.48 as the 53.5 support level proved to be a great buying opportunity. We should expect further gains next week and a retest of the 60 area. The technical indicators continue to look strong.

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Leading Brands, Inc (NASDAQ:LBIX) is trading in a downward channel on a hourly time frame and the stock is challenging the upper line of this small channel, which means that the bulls are trying to break it towards the upside. Plus, the price is trading above the hourly EMA200 which further confirms that the “bulls” have taken the control and there is a clear change in momentum. On Friday, I took a long position on this stock and will add more on the break of 1.80. On the daily time frame, the stock is also holding nicely its EMA200 which confirms that the upward trend is still in play.

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Tandem Diabetes Care Inc (NASDAQ:TNDM) has broken its resistance zone as predicted and this factor represents a clear strength for the price action and the bias could certainly be to the upside. Technicals are pointing out for a further move to the upside. Next Tuesday, Kim Blickenstaff, president and CEO, will present a company update at the Stifel 2017 Healthcare Conference in New York, NY. I continue to support a bullish short-term view on the stock. Recent institutional activity has been evident on the buy side.

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OncoSec Medical Inc (NASDAQ:ONCS) was a stock I alerted to my twitter followers/blog readers at 1.30 one week ago, on Friday ONCS hit $2.53 a share and still looking very strong. Here is the post on my blog before ONCS started its big rally.

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Roku Inc (NASDAQ:ROKU) Hits new highs on strong money flow. An amazing two day rally for the stock. It will be interesting to see next week if the stock has more gains in store. This Hourly chart does not need much commentary. Pullbacks should be buyable.

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Biostar Pharmaceuticals Inc (NASDAQ:BSPM) Could see a buying pressure soon. Stock has been starting to climb again on volume and this is a good sign for the stock. As long as the stock stays above the rising EMA50, the target for the upside could be the 2.56 resistance zone, and a break above that level will open the room for a further upside with next target at the $3 level. China stocks are very strong and I think this stock could see some strong upside over the coming days.

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Pain Therapeutics, Inc. (NASDAQ:PTIE) After making a move from $3.25 to almost $4 the stock has pulled back and consolidated. Price seems to have bottomed out with all key indicators starting to follow, so I think we are on the verge of seeing another big move higher for PTIE. On watch.

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Celsion Corporation (NASDAQ:CLSN) was a hot stock yesterday closing up 9.89% and looks to continue its upward trajectory on Monday. I think short term CLSN could see $2.50, but let's see a test and break of $2.09 first (Friday’s high).

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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: BSPM, CLSN, IBM, JUNO, LBIX, ONCS, PTIE, ROKU, TNDM, TWTR

09:09 | Permalink |

AC Investor Blog

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

Tuesday, November 28, 2017

Stocks to keep an eye on Wednesday, November 29

Saturday, November 25, 2017

Few stocks to follow during the upcoming week

Thursday, November 23, 2017

Stocks to keep an eye on Friday

Saturday, November 18, 2017

Bullish setups for the week ahead

Wednesday, November 15, 2017

My Watchlist for Thursday, November 16

Tuesday, November 14, 2017

My Watchlist for Wednesday, November 15

Sunday, November 12, 2017

Here are some setups to watch on Monday

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