AC Investor Blog: 06/01/2018

My Watchlist for Monday, July 2

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Synthetic Biologics Inc (NYSEAMERICAN: SYN) is positioned to make a solid uptick next week. Friday's volume was the highest in about past 2-month and the rally was driven by the fact that Mizuho has reported that Synthetic Biologics IBS Treatment May Be 'Interesting' For Valeant. Considering the recent increase in volume, money flow and accumulation, I believe SYN could make a solid move higher given both its technical factors and rumors. It closed at 28c (+17%) in after-hours. The stock has light resistance going forward with the next resistance pivot poin at 38c. My system gave me a buy alert and I bought the stock on friday. Keep in mind, this is a penny stock so play it like a penny stock.

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In the past few days we have noticed that (Pedevco Corp NYSEAMERICAN: PED) has been on a consistent bullish uptick in market valuation and closed yesterday after-hours at 2.63 (+15%), so I think its worth watching Monday. Immediate resistances 2.72 and 3.09

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Kadmon Holdings Inc (NYSE: KDMN) has experienced growth in market valuation in the past few weeks and it looks ripe for an upward continuation. Recently, the stock has surpassed its major resistance level which gives it, a better opportunity to provide investors with continued gains. Moreover, along with the recent market valuation, the RSI has been bullish, rising for the past several weeks. While the stock is heading upwards, we are noticing support at each trading level and a huge accumulation on charts, which is telling us that we could see a further upswing in valuation.

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Seeing if (CASI Pharmaceuticals Inc NASDAQ: CASI) stock will continue its upward move on Wednesday. Worth adding to your watchlist.

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ArQule, Inc. (NASDAQ: ARQL) displayed some impressive relative strength Friday with a 9% gain on solid volume. I think we will see some nice follow through Monday. Next major resistance lies at 5.95

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Northern Oil & Gas, Inc. (NYSEAMERICAN: NOG) finally closed above the pivot high last week on volume. This daily technical set-up is showing us a tremendous opportunity to potentially acquire the stock while the momentum is on the upswing.

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Shares of Ekso Bionics Holdings Inc (NASDAQ: EKSO) are under accumulation at current levels as investors become familiar with this company's potential. The stock should embark on an accelerated uptrend after successfully backtesting the short-term EMAs. Might attempt to breakout above the $1.83 level Monday and if it succeed we should expect a strong move to the upside. On watch.

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Applied Optoelectronics Inc (NASDAQ: AAOI) Price broke out of flag formation on daily. Continuation watch.

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: AAOI, ARQL, CASI, EKSO, KDMN, NOG, PED, SYN

15:58 | Permalink |

7 Stocks for next week

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First Solar, Inc. (NASDAQ: FSLR) the price movement in the last couple of days indicates the stock has formed a short-term bottom around the $50 area. Expecting a bounce from this level and a breakout of the $55 level with a price target for the near term of $60. MACD also triggered a new buy signal last week on higher-than-average volume.

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BlackBerry Ltd (NYSE: BB) is very oversold. Therefore it is very likely to bounce from the uptrend line next week.

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Chinanet Online Holdings Inc (NASDAQ: CNET) is setting up for a possible breakout, which based on the chart could send the stock up like a rocket. Chart on Breakout Watch.

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WillScot Corp (NASDAQ: WSC) looks right on the verge of a breakout. Keep an eye for a possible breakout over $15.6

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Marrone Bio Innovations Inc (NASDAQ: MBII) is quietly gaining momentum. The stock looks ready to break a recent high of $1.95 If the stock can manage a breakout above this level on high volume, it would be a great buying opportunity but only on a breakout. Keep it on your watch list going forward.

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Boxlight Corp (NASDAQ: BOXL) is joining Russell microcap index next week. A close above 5.9 would impart positive momentum. The stock is likely to move to the 7.59-8 range on the break past the resistance zone.

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22nd Century Group Inc (NYSEAMERICAN: XXII) broke out of a consolidation range to the upside on heavy volume. I do not see anything until the $2.6-2.85 area. Indicators are also showing signs of recovery.

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, BOXL, CNET, FSLR, MBII, WSC, XXII

16:44 | Permalink |

Hot stocks to watch next week and a few small caps to keep an eye on

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iQIYI, Inc (NASDAQ: IQ) remains one of the hottest stocks on the market right now. It has been in a nice uptrend for the last four weeks and it looks very strong with all major short-term EMAs going up. IQ is very overbought, so this means a possible correction is near and this may give us a chance to jump in on the stock when it moves lower. IQ is a stock to keep an eye on for awhile.

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HUYA Inc (NYSE: HUYA) is another IPO play overextended and vulnerable to a correction after a period of remarkable gains.

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Kadmon Holdings Inc (NYSE: KDMN) looks to be setting up for an upside move, as the stock has held up well the past few days. KDMN is in the top of a short-term trading range. Resistance is $3.96. At this stage it is definitely a wait and see if the resistance will be easily taken out by the bulls. On watch.

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TapImmune Inc. common stock (NASDAQ: TPIV) is very bullish with a lot of hot indicators showing up. The slope of the upward move is very steep accompanied by increasing volume. Breakout watch over 10.91

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After a big breakout on heavy volume Carver Bancorp Inc (NASDAQ: CARV) has pulled back to support near $5 and should set up for its next upside move. The stock will face short to medium term resistance at $6.2. Once this level is crossed with good volumes, the stock can go to $8. Im accumulating at current levels.

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Evofem Biosciences Inc (NASDAQ: EVFM) From a technical standpoint, there are some signs of a possible bounce here due to the oversold indicators and some positive divergences, which often leads to short covering. Let’s see whether the stock can gather enough momentum to break through $3.85 next week. Current price levels are a bargain compares to where this stock can trade going forward IMHO. Financial Institutions own a lot of shares (86% of float).

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I continue to watch VirnetX Holding Corporation (NYSEAMERICAN: VHC) because the volume is still large so it could potentially break out again at any moment. The resistance level for the stock is $3.6 ( 200-day exponential moving average ), but don’t be surprised to see some additional resistance at $3.8, which was the major support in March.

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Verastem Inc (NASDAQ: VSTM) broke out Friday and I am looking for a continuation move on Monday. Heavy volume came in as VSTM broke through its resistance level of $6.43. From the technical chart it looks like the stock is ready for another rally as %K line is on top of %D line indicating buy signal. Keep it on watch.

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This IPO play could start to heat up the next few weeks. The daily chart shows a stock that is looking to rally with $5.4 as the next logical price point. Tight stops should be used.

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Twitter Inc (NYSE: TWTR) posted a 52-week high on Friday but failed to close higher. I think the stock needs to digest the recent gains and work out the overbought condition with a correction or consolidation.

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: CARV, EVFM, HUYA, IQ, KDMN, OSS, TPIV, TWTR, VHC, VSTM

08:38 | Permalink |

Stocks to Watch Next Week

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Viking Therapeutics Inc (NASDAQ: VKTX) is in a bullish flag consolidation which suggests that it may break above the recent highs soon.

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Izea Inc (NASDAQ: IZEA) Could history repeat itself ? After looking at this daily chart and reviewing the recent price action (everytime that RSI reaches an extreme oversold condition) i have come to the conclusion that we could see a surge like the one on the chart from April. The extreme oversold levels usually indicate the beginning of a change in direction and are a great place to look for reversal entries. So, that was the reason to take long positions here. Note: this is a penny stock so play it like a penny stock.

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Friday marked an important shift in Versartis Inc (NASDAQ: VSAR) shares as they closed above a major horizontal resistance line that has been forming since January. This stock was one of the big winners in after-hours, following the news that Director AKKARAJU SRINIVAS bought 1.05 Million shares in open market over last 3 days. Keep VSAR on your radar for Monday’s trading day.

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BlackBerry Ltd (NYSE: BB ) Chart is simply telling me that this is a nice healthy pullback on low volume after a big run. The trend should resume back up in the very near future. The stock has a Bullish outlook.

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Stitch Fix Inc (NASDAQ: SFIX) had a huge breakout day on Friday and closed above the EMA100 on heavy volume. The next key resistance levels are located at $26 and $26.88

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Extremely bullish moves on Ascena Retail Group Inc (NASDAQ: ASNA) are taking place over the last session’s. The stock broke another flag formation Friday on heavy volume. The stock hit a high of $4.74, which is now resistance for Monday’s continuation move.

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Galectin Therapeutics Inc. Common Stock (NASDAQ: GALT) had good volume and a big bullish candlestick on Friday. Breakout watch over 6.74

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Synergy Pharmaceuticals Inc (NASDAQ: SGYP) is threatening to break through the 100 day moving average which would be a very bullish sign for the stock. Resistance is $1.90. The stock has been strong over the past days, so watch it closely the next few trading sessions.

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Ekso Bionics Holdings Inc (NASDAQ: EKSO) had also a positive day on Friday. The $1.84 level or EMA200 is the next resistance level that if broken, could send shares back to $1.95. If the stock can break through resistance, we should see another strong upside move. EKSO will move very quickly, so watch the stock closely on Monday.

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Chinanet Online Holdings Inc (NASDAQ: CNET) has a very interesting technical daily chart as the stock looks to be ready for a good upside move. The technical indicators are displaying good signs. Resistance for this move is $3.30. The stock can move quickly, so watch the stock closely.

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: ASNA, BB, CNET, EKSO, GALT, IZEA, SFIX, SGYP, VKTX, VSAR

19:20 | Permalink |

Top Trade ideas for next week

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Boxlight Corp (NASDAQ: BOXL) After breaking out above the downtrend line from the early May highs on volume well above the average the stock appears to have also successfully backtested this breakout zone on Friday. Technically, price should resume the uptrend next week. Considering the previous magnitude of the uptrend, a short-term target could be established at 9.68-10.25.

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Auris Medical Holding AG (NASDAQ: EARS) broke the downtrend channel on decent volume. Let's see if it will sustain. Still on my top watchlist for next week. A rally should reach at least the 1.58-1.65 area and could test the EMA50

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Kadmon Holdings Inc (NYSE: KDMN) is still in bottoming mode it looks like. The daily technical indicators are looking better now for the stock. The MACD is starting to rise, confirming a bullish divergence has taken form and the Stochastic also has a bullish crossover. The might attempt to breakout above the $3.78 level on Monday and if it succeed we should expect a strong move to the upside. It has the potential to make a big run next week, so keep a close eye on KDMN and don’t miss the trade.

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Investors continued buying up this stock, as it surged again on Friday this time to the tune of 12.49%. As i tweeted last week and based on the accumulation days this stock should hit the $30 level very soon.

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HUYA broke out and never stopped all day. There is a good chance the stock will continue to move up next week. Tight stops should be used.

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On Saturday, the company reported promising Data for Phase 1/2 Study of Varlilumab and Opdivo® at 2018 ASCO Annual Meeting. Based on the extreme oversold conditions and the good news, CLDX could see tomorrow an oversold/short-squeeze bounce. Levels to watch 84c and 1.05

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Himax Technologies, Inc. (NASDAQ: HIMX) had a nice breakout with a pop of 57c to 8.02 or 7.65% on 5.6 million shares. Technical daily chart shows a bullish sign as the stock is back on top of 100-day EMA with MACD rising and in positive territory. We should be able to see some decent upside movement for the bulls here.

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CohBar Inc (NASDAQ:CWBR) had good volume and a nice candlestick on Friday. Breakout watch over 7.6

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Natural Grocers by Vitamin Cottage Inc (NYSE: NGVC) is setting up nicely to break into new highs. Buy point would be on the day it blows through $11.36 on heavy volume.

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TESARO Inc (NASDAQ:TSRO) Rallied nicely Friday on volume. If it clears back over 52.2 (EMA50), may have some good upside.

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, CWBR, EARS, HIMX, HUYA, IQ, KDMN, NGVC, TSRO

17:27 | Permalink |

AC Investor Blog

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

Saturday, June 30, 2018

My Watchlist for Monday, July 2

Sunday, June 24, 2018

7 Stocks for next week

Sunday, June 17, 2018

Hot stocks to watch next week and a few small caps to keep an eye on

Saturday, June 09, 2018

Stocks to Watch Next Week

Sunday, June 03, 2018

Top Trade ideas for next week

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