-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

Sunday, June 16, 2019 

Chart setups on my watchlist for next week

( click to enlarge )

Outlook Therapeutics Inc (NASDAQ: OTLK) closed Friday with a nice big bullish engulfing candle on decent volume, looking good to go higher. Long over 2.49

( click to enlarge )

Pinterest Inc (NYSE: PINS) is setting up to take this resistance over 28 out.

( click to enlarge )

BlackBerry Ltd (NYSE: BB) Pulling back on very low volume to test the downtrend line (previous resistance, now support), if it holds it looks good to test/break the EMA200 in the coming sessions.

( click to enlarge )

Antares Pharma Inc (NASDAQ: ATRS) Keep on watch, looks like this one wants to break through this key resistance zone. We have now MACD above zero line and RSI above 50% levels, indicating the stock is in a bullish trend.

( click to enlarge )

Maxar Technologies Inc (NYSE: MAXR) is currently breaking out of a base formation and the probability is that it will move up in the next sessions. Momentum indicators are slightly bullish now with RSI inching away above the middle level. Long over 6.87

( click to enlarge )

LYFT Inc (NASDAQ: LYFT) The new short-term bullish trend looks good. Key resistance is located at 63, a break and close above this level will confirm the bullish trend and the following uptrend will take price up to 70/72.5 zone. Momentum picking up with MACD climbing and RSI rising. Stop 55.5

( click to enlarge )

Adomani Inc (NASDAQ: ADOM) is showing signs of significant share accumulation. I expect the stock to begin its ascent back to recent highs of $.45-$.48 before ultimately breaking and surpassing $.51

( click to enlarge )

There is a potential breakout scenario developing on chart of Arca Biopharma Inc (NASDAQ: ABIO) The stock has fallen from over $8.8 to $6.4 and looks to be bottoming. I think this stock could see some strong upside over the coming days and weeks.

( click to enlarge )

This former runner is getting some attention by institutions again (two SC 13G reported last week). As I always say, follow the money, and right now that money is flowing into DelMar Pharmaceuticals Inc (NASDAQ: DMPI) as chart shows. With MACD crossing up, this stock could be in for a sharp rally.

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: , , , , , , , ,

Bookmark and Share

21:34 | |

Monday, May 28, 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: , , , , , , , , ,

Bookmark and Share

19:58 | |

Contact

About Me

    Photobucket

  • 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.

    • Benzinga.com supporter

    Benzinga.com supporter



    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Follow me

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    PREVIOUS POSTS

    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google