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Saturday, October 21, 2017 

My Watchlist for Monday, October 23

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Social Reality Inc (NASDAQ:SRAX) has broken the large ascending triangle to the upside on a daily time frame. If this bullish continuation pattern does play out completely, then we could easily see the stock moving towards the $6 next resistance level. After a two-session correction, the stock closed strong on Friday to close at 4.48 and seems poised for another upward move to test or break the recent highs. Moreover, the RSI is trading inline with the price action and is not overbought, which further strengthens the argument of the possibility to make new highs. Plus, the price still trading above major EMAs, which means the bulls are in complete control. Chart is technically, very bullish.

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Proteostasis Therapeutics Inc (NASDAQ:PTI) An upward move could be on the card. The stock bounced Friday again from its support zone and closed well above the short-term EMAs. This represents that the bulls have finally woken up and are truing to the control. Note: There was a large buyer supporting the price, which could be an indication that we will break this base pattern to the upside next week. If this pattern does break out towards the upside, it could easily push the stock price towards the yellow horizontal line shown on the daily chart. Money Flow Index is turning up, signaling accumulation of stock is occurring. On watch.

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Medgenics Inc (NASDAQ:GNMX) which has been in a sideways trading range between 1.2 and 1.5 since August, finally broke out the range on massive volume. The price is now trading above the 50-day EMA and 100-day EMA, which further confirms that the bulls have taken the control and there is a clear change in momentum, from the bears to the bulls. Next resistance liest at 2.22

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MGT Capital Investments Inc. (OTCMKTS:MGTI) could move toward $3 area if it breaks the declining EMA20 at 2.45

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Tandem Diabetes Care Inc (NASDAQ:TNDM) There are some signs of a possible bounce at this point due to the extreme oversold conditions. A reversal may be on the way. Took a position. Nearest resistance for the stock is at $2.66. If this level is crossed and the stock is able to sustain above this level, then it might go to +$3

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I have Micron Technology, Inc. (NASDAQ:MU) on my watchlist. It may be ready to break out of this consolidation. Potential swing long above 42.17

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Alcobra Ltd (NASDAQ:ADHD) is still very overbought, so some consolidation at current levels or pullback would be normal. The declining 200-day EMA is a strong support and potentially a good entry point.

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Under Armour Inc (NYSE:UAA) broke out in a big way on great volume. I think we will see some nice follow through next week. The daily technical indicators are showing signs of bullishness.

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Under Armour Inc (NYSE:UA) The price action yesterday created a potential bottom. A rise above the 16 level next week should confirm the reversal. All key technical daily indicators are tunring up. Stop Friday's low.

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Viewray Inc (NASDAQ:VRAY) shares closed higher for the fourth consecutive day on very impressive money volume. The trend continued higher based on the strong technicals. The stock is setting up nicely to break out. Next buy point would be on the day it blows through $7 on heavy volume. On watch.

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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

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Thursday, June 01, 2017 

My Watchlist for Friday, June 02

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LightPath Technologies, Inc. (NASDAQ:LPTH) Broke out today. Good pattern and accumulation here, but I need to see further upside confirmation before adding a new long position.

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Alcobra Ltd (NASDAQ:ADHD) has a very interesting daily technical chart and could have a bigger move soon. The break of the next key resistance with heavy volume should be the next buy point. If it clears resistance at $1.21, the move may be powerful. The guru Chuck Royce increased its position by 367.24% during the fourth quarter and by 15.50% in the first quarter. He holds 2.7% of the company's outstanding shares.

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Cerecor Inc (NASDAQ:CERC) this small biotech was added to my watchlist as a possible bottom bounce-play. The chart is displaying positive divergences on momentum indicators and with the stock in oversold territory, these are the perfect conditions for a short-term rally. MACD is starting to curl up, suggesting that a positive crossover could be coming soon. I would look for a move up to $.67 resistance soon. Insiders are buying again.

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Ardelyx Inc (NASDAQ:ARDX) has sold off over the past several days but looks to have found a bottom. I feel that this stock can easily run to 6's in the near term.

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Connecture Inc (NASDAQ:CNXR) had a big pop today and it finally broke out of a base pattern that has been forming since the beginning of the month, which is very bullish. The technical daily chart appears to be bottoming. Watch for continuation tomorrow.

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BlackBerry Ltd (NASDAQ:BBRY) made a new 52-week high today, hitting $11.74, before closing the day at $11.39 after Citron Research said that Blackberry is a likely target for a buyout at a high premium. As i said several times on Twitter, i will double my money here. The shorts are completely desperate again to protect their bad positions. Play what you see on charts.

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Synergy Pharmaceuticals Inc (NASDAQ:SGYP) is recovering quickly from its recent bottom with RSI moving upwards. Only a close above the 3.83 level will convince me that the current rally has some more legs to go.

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

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Tuesday, February 28, 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

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

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Thursday, December 08, 2016 

My Watchlist for Friday, December 09

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Let's start with Twitter Inc (NYSE:TWTR) that had a very interesting move today on solid volume. The stock closed up 0.8% above major resistances at 19.33 and 19.51 on over 19 million shares traded. Two months ago, shares traded as high as 25.25 a share, which leaves plenty of upside at current price levels and investors started to take notice of that. Technically, the stock now shows positive sign as the stock is now trading above all EMAs with MACD rising. There is a good chance the stock will continue to move up.

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Opexa Therapeutics Inc (NASDAQ:OPXA) is in a bullish large flag consolidation with a very clear upper resistance descending trend line, which if broken could lead to 1.50 zone on the short-term. The flag comes after a sharp up move in mid-November in which the stock more than doubled. On a watch to break key resistance point at 95c. I have been accumulating on pullback. Looks like it is getting ready for a breakout soon. Stay tuned.

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Alcobra Ltd (NASDAQ:ADHD) breakout on volume today. Next key resistance is now located at 2.39, a break above this level will confirm the bullish trend, and the following uptrend will take price up to 2.50 zone. RSI is strong and headed up towards the 54 level, which is a sign of growing strength in the stock. Also, the MACD is giving a positive indication. On watch.

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IntelliPharmaCeutics Intl Inc (NASDAQ:IPCI) deserves some consideration as a bounce candidate. The stock has been holding up well over the rising EMA50 for quite a while. Any close above the recent pivot high of 2.89 will reinstate bullish trend. On watch.

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Syntel, Inc.(NASDAQ:SYNT) is potential breakout trade above 20.5 resistance area.

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Mast Therapeutics Inc (NYSEMKT:MSTX) saw a strong bounce on heavy volume today, bringing it up to the 50-day exp moving average. Could accelerate toward 14c-15c zone if it breaks 13c resistance (penny stock).

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Delphi Automotive PLC (NYSE:DLPH) appears to be setting up for a breakout above $72 horizontal resistance.

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

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About Me

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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