AC Investor Blog: 05/01/2018

Tuesday May 29th Watchlist

( click to enlarge )

BlackBerry Ltd (NYSE: BB) has been consolidating in a flag formation over the last three weeks after a strong rally since the beginning of the current month. On Friday, the stock broke out of the flag pattern and closed up 18 cents to $11.75 on solid volume. A move above 11.88 would confirm the breakout and could lead to 12.51 initially and then 13.18, my secondary target. Technicals are showing bullish signals supported by positive RSI and MACD indications.

( click to enlarge )

Infinity Pharmaceuticals Inc. (NASDAQ: INFI) remains high on my radar for this week. Phase I (IPI-549 + Nivolumab – Solid tumors) data will be presented at ASCO in June 4, Abstract 3013. Technically, the stock might attempt to breakout above the $2.07 level and if it succeed we should expect a strong move to the upside. Long setup on watch.

( click to enlarge )

Neuralstem, Inc. (NASDAQ: CUR) Price should become explosive if this trendline is broken to the upside on volume. From a technical standpoint, the stock has an up trending MACD, indicating potential accumulation and an up-trending RSI at 48 indicating room for potential further gains. CUR needs to be at the top of your watch list.

( click to enlarge )

Adomani Inc (NASDAQ: ADOM) had a strong bounce from the support in the $1.05 area (EMA50) on heavy volume. Friday’s high is resistance for a follow through move on Tuesday.

( click to enlarge )

Ekso Bionics Holdings Inc (NASDAQ: EKSO) is testing an important short-term resistance level (EMA13). The MACD Hist is giving bullish divergence signals and there are increased chances of a start of a new upward move that can bring the price towards 1.85 (EMA200).

( click to enlarge )

OpGen Inc (NASDAQ: OPGN) had another very productive day as we saw gains of over 11% and I believe it has more room to run. The short-term outlook remains positive for the stock. The stock finds an immediate resistance at 2.25 and support at 2 followed by 1.87

( click to enlarge )

Cara Therapeutics Inc (NASDAQ: CARA) broke out to new 52-week highs on Friday and I'm expecting to see the stock continue this move on Tuesday. As long as the stock stays above the $15 area, the bullish scenario is still intact.

( click to enlarge )

This "Bullish flag" formation on hourly indicates a healthy consolidation. Watch for a break higher. Stop 22.35

( click to enlarge )

Shares of Viking Therapeutics Inc (NASDAQ: VKTX) are starting to heat up and are worth watching. If volume can pick up I think this stock can break through resistance around 5.58 and re-test its February highs.

( click to enlarge )

Roku Inc (NASDAQ: ROKU) Keep an eye on this one, looks poised to break out and run higher. Bulls have upside technical momentum.

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: ADOM, BB, CARA, CUR, EKSO, INFI, IQ, OPGN, ROKU, VKTX

19:58 | Permalink |

Monday May 21st Watchlist

( click to enlarge )

BlackBerry Ltd (NYSE: BB) has been consolidating after a steep upmove from 10.31 to 11.88 in the beginning of the month. The stock is currently hugging the upper trendline of the bullish flag formation, and if it breaks above 11.6, it could reach an initial target of 12.51 and then a secondary target at 13.18. There is a good chance the stock will continue to move up.

( click to enlarge )

Ageagle Aerial Systems Inc (NYSEAMERICAN: UAVS) continued its reversal trend Friday on volume. The stock price is inching closer and closer to a breakout move. Buying momentum is still positive and strengthening. $2.52 (EMA20) is the next level to watch for a breakout. Stop 1.98

( click to enlarge )

The money seems to be flowing into Fibrocell Science Inc (NASDAQ: FCSC) as indicated by the A/D indicator. With no resistance between $1 and $1.30, a break above the 97c level (Thursday's high) can see the stock trade in the $1.3 area pretty soon. Have this on your watchlist.

( click to enlarge )

Quotient Ltd (NASDAQ: QTNT) broke above the key resistance line of this sideways pattern on a move up $1.36 to $6.05. A move past 6.39 would be a strong indicator of a further uptrend in the stock. Stay tuned.

( click to enlarge )

Microbot Medical Inc (NASDAQ: MBOT) seems to be forming an inverted head-and-shoulders pattern on daily which could produce an upside objective of over 1.18

( click to enlarge )

Biopharmx Corp (NYSEAMERICAN: BPMX) broke the falling wedge chart pattern that was previously identified on the daily. This is a very bullish development. Short-term technical indicators are looking bullish and the MACD produced a new buy signal. If the stock can break Friday’s high of 0.209, we should see a strong follow through move. BPMX will move very quickly, so keep a very close eye on the stock. Note: This is a penny stock

( click to enlarge )

Auris Medical Holding AG (NASDAQ: EARS) Going long here. RSI is turning which means we are looking at a rebound. Also a recent 13-G Filing from Morgan Stanley shows increased position from 152K shares to 326K shares, representing 5.3% Stake. Let's keep an eye on her as i think momentum will pick up.

( click to enlarge )

Mallinckrodt PLC (NYSE: MNK) looks poised for a break to the upside. It has been holding a tight range. Long over 16.2 for a target of 19 with stop loss of 15.40

( click to enlarge )

Tandem Diabetes Care Inc (NASDAQ:TNDM) hit another 52-week high and looks to be giving another entry.

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: BB, BPMX, EARS, FCSC, MBOT, MNK, QTNT, TNDM, UAVS

10:16 | Permalink |

My Watchlist for Tuesday, May 15

( click to enlarge )

Boxlight Corp (NASDAQ: BOX) Hope you all enjoyed a great start to what could be a great trading week. A huge congratulations to all those who profited from Friday's alert on Twitter. The stock rallied for over 80% potential gains on Monday. I took profits and will keep BOXL on my watchlist for a possible re-entry. The next key resistance is located at $14.

( click to enlarge )

Tyme Technologies Inc (NASDAQ: TYME) was another big winner from the watchlist. The stock exploded from a low of 2.47 to a high of 3 for a nice intraday move of 18%. Congratulations to all my readers and twitter followers that played Friday's alert and pocketed some nice gains. As long as the stock stays above the EMA50, the bullish scenario still intact.

( click to enlarge )

Zosano Pharma Corp (NASDAQ: ZSAN) I would like to present this chart of another low float stock that could see a nice bounce in the coming sessions. Big rally in the final hour on Monday. Next key resistance is now located at 4.6, a break above this level will confirm the bullish trend, and the following uptrend will take price up to the GAP zone. The daily technical indicators are reversing up and are advocating for a technical rebound. Keep it on watch. Short-squeeze candidate.

( click to enlarge )

Tandem Diabetes Care Inc (NASDAQ: TNDM) had a very interesting move Monday on heavy volume. Ten months ago, shares traded as high as 12.2 a share, which leaves plenty of upside at current price levels and investors started to take notice of that. There is a good chance the stock will continue to move up.

( click to enlarge )

MYO potential breakout trade above 4.05 resistance area.

( click to enlarge )

Im keeping Payment Data Systems, Inc. (NASDAQ: PYDS) 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. PYDS is a fast moving stock, so you need to watch it closely, because once it breaks through 1.87, it will run fast.

( click to enlarge )

MannKind Corporation (NASDAQ: MNKD) 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 1.92 resistance level, the stock should have a nice move on the upside. Im long.

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: BOXL, MNKD, MYO, PYDS, TNDM, TYME, ZSAN

08:24 | Permalink |

Indexes and stock charts for next week

( click to enlarge )

iShares NASDAQ Biotechnology Index (ETF) (NASDAQ: IBB) finally broke and close above a very significant resistance zone after a few attempts last week. If it continues to be strong we may test 115 and 119.3 over the medium term.

( click to enlarge )

S&P 500 Index also broke above a very significant trendline last week. The key daily momentum indicators continue to show signs of upward acceleration. Expect further upside for US stocks.

( click to enlarge )

PHLX Semiconductor index (SOX) rallied strong again last week to 1363 (key resistance). If the index breaks that level next week, more buying could follow and we will probably test the recent highs. Momentum still to the upside in near term.

( click to enlarge )

Uniqure NV (NASDAQ: QURE) is consolidating its big run-up from early April from the 22 to 32.5 area. It is currently in a bullish flag formation after dipping slightly off resistance in the 32.49 area. Keep an eye on this stock next week.

( click to enlarge )

Boxlight Corp (NASDAQ: BOXL) looks to be turning higher again. The ingredients are here for another strong rally. The hourly chart shows a stock that is right on the cusp of a big breakout. If it can break through the $7 level, then I think the $10 mark could be well within reach. The chart looks to be turning around and I would not be surprised if people started getting back into BOXL in anticipation of another BIG rally.

( click to enlarge )

I've covered MannKind Corporation (NASDAQ: MNKD) in the past, and it appears it is getting investors attention again. The stock needs to break through $1.87 to really get going. A break of that level brings $2.4 into focus. Keep a close eye on this one the next week.

( click to enlarge )

Celldex Therapeutics, Inc. (NASDAQ: CLDX) in my view, is a great bottom play. The company announced good earnings on Thrusday that could mark the turning point, after a drop from over $2 a share last month to current levels. I think CLDX will post a nice rally from here and deserves being added to your watchlist.

( click to enlarge )

Tyme Technologies Inc (NASDAQ: TYME) is possibly forming a nice rounding bottom pattern that will breakout soon and shall target 3.27 short-term.

( click to enlarge )

Turtle Beach Corp (NASDAQ: HEAR) continues to impress. The technical chart is extremely overbought, but there is no sign of a top yet. Play with tight stops.

( click to enlarge )

VirnetX Holding Corporation (NYSEAMERICAN: VHC) After VHC has hit the $5 level in April the stock took a strong drop, shaking out many longs along the way touching in a new 52-wk low late in the month. Since then, it has recovered and is holding up on strong volume. Those that were not shaken out on the drop seems to be holding and honestly I think this stock could have another run left in its tank.

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: BOXL, CLDX, HEAR, IBB, MNKD, QURE, SOX, SPX, TYME, VHC

09:55 | Permalink |

A few trade ideas for next week

( click to enlarge )

Arcadia Biosciences Inc (NASDAQ: RKDA) I bought some shares for next week. The stock was over $32 last month and closed Friday at $9.32. I think the risk of continued downside is a lot less than the possibility of a sharp oversold rally at current levels. Looking at the houly chart above it is a fact that several indicators are showing positive divergences, so we could see a sharp rally out of these oversold conditions. On watch.

( click to enlarge )

When I alerted this stock to my twitter followers on Friday, I felt Ageagle Aerial Systems Inc (NYSEAMERICAN: UAVS) had a great chance of boucing. The stock closed with a gain of 20c per cent at 2.04 but still trading near 52 week lows and has fallen dramatically from its peak levels. Watch for continuation next week.

( click to enlarge )

MannKind Corporation (NASDAQ: MNKD) the technical daily chart is looking good showing positive divergences on key indicators. We could be looking at the start of a sustained price recovery.

( click to enlarge )

I saw unusual buying on (Versartis Inc NASDAQ: VSAR) in late trade. Investors appear to be accumulating shares at these levels in anticipation of a rally. Technically, it looks to have bottomed. Squeeze over 1.69 (EMA50).

( click to enlarge )

Sarepta Therapeutics Inc (NASDAQ: SRPT) broke out to new highs Friday and traded nearly 5x normal daily volume. The stock has the potential to make another big run next week.

( click to enlarge )

Stein Mart, Inc. (NASDAQ: SMRT) had a strong move on Friday, as the stock set new 52-week highs. The stock hit a high of $2.65, which is resistance for the follow through move. Charts on all time frames are bullish. You should watch this stock closely on Monday.

( click to enlarge )

Consol Energy Inc (NYSE: CEIX) Keep an eye for a possible breakout over $41.89 The technical daily chart still showing a bullish bias.

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: CEIX, MNKD, RKDA, SMRT, SRPT, UAVS, VSAR

19:13 | Permalink |

AC Investor Blog

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

Monday, May 28, 2018

Tuesday May 29th Watchlist

Sunday, May 20, 2018

Monday May 21st Watchlist

Tuesday, May 15, 2018

My Watchlist for Tuesday, May 15

Sunday, May 13, 2018

Indexes and stock charts for next week

Sunday, May 06, 2018

A few trade ideas for next week

About Me

FREE NEWSLETTER

Support AC

Follow me

Advertising

PREVIOUS POSTS

TRANSLATOR

Site Information

Stock Market Blogroll

Friends BLOGROLL

ARCHIVES