AC Investor Blog

My Watchlist for Thursday, November 03

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Atara Biotherapeutics Inc (NASDAQ:ATRA) broke out of the descending channel pattern today with impressive gains of 3.3%, outperforming the entire sector. Daily RSI and MACD indicators are also starting to turn up from low levels. Watch for continuation.

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BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) is a stock that deserves some attention over the coming sessions, for a potential short-term reversal.

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Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) Bullish rally stalled by resistance and market weakness. After setting a new month-high today, the stock has encountered resistance around the $18.40 area, a level which it should be able to beat given the current strong upward trend. Keep your eyes on this one. Hot sector. Note: Earnings tomorrow

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Adverum Biotechnologies Inc (NASDAQ:ADVM) looks like it may have found a bottom already. Go long on the break of Wednesday’s high at 3.10 with a tight stop at 2.85

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Medovex Corp.(NASDAQ:MDVX) could be in the early stages of a technical breakout. A break through today's high on volume could lead this stock to 1.98/2 short-term.

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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

Labels: ADVM, ATRA, BMRN, MDVX, MPEL

21:30 | Permalink |

My Watchlist for Monday, October 10

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IntelliPharmaCeutics Intl Inc (NASDAQ:IPCI) The company on Friday received tentative approval from the U.S. FDA for the Company's abbreviated new drug application for quetiapine fumarate extended-release tablets in the 50, 150, 200, 300 and 400 mg strengths. This press release was announced after the markets closed. In after-hours trading, the stock closed with a gain of 50% at 3.57. It will be interesting to see pre market on Monday how it starts out. On the long-time frame above, you can see the pivot resistance points. I mentioned several times on twitter that IntelliPharmaCeutic was looking constructive from a technical standpoint, with the A/D indicator (accumulation/distribution line) showing clear signs of accumulation. A huge congratulation’s to you, if you paid attention to my alerts on IPCI, as you are probably sitting on same pretty hefty gains at the moment. I will use the pivot resistance points and the price targets of analysts to determine my exit strategy. To receive my alerts before the crowd follow me on twitter.

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Tokai Pharmaceuticals Inc (NASDAQ:TKAI) is another stock I have mentioned a few times in the past few weeks showing steady accumulation on charts. I believe things will heat up this month and have based my bullish position on the following factors:

- My system detected unusual call buying in the Oct/Nov 5 and 7.5 calls respectively last month
- Steady accumulation on charts - All short-term EMAs are now rising.
- The company is trading below cash per share.
- It recently broke a bullish flag higher, so a new leg up could possibly be a measured move of that same extent, as chart shows. At this point I see another potential major rally right around the corner.
- Most importantly, on September 8th, the company announced that its Board of Directors has initiated a review of strategic alternatives for the company focused on maximizing stockholder value.

As i said several times on twitter, I still holding my shares because i do think it could reach the $2 price level or more in the coming sessions. Be sure to get it on your radars. Im long and I have a stop located at 1.24

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Adverum Biotechnologies Inc (NASDAQ:ADVM) During mid-Sept, the price broke out of the key resistance line on high volume and back tested the downtrend line Friday on very low volume. The stock already has a robust set of technicals, including a strong accumulation on charts and has a strong cash-position (>$5.9 per share). I believe this stock could stage a strong bounce off this area of support.

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I am also eyeing ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) as a potential bounce play next week. We could see a strong bounce off these lows up towards 30 over the next few sessions due to its extreme oversold state.

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I detected unusual call volume in DHT Holdings Inc (NYSE:DHT) on Friday. Watch this stock if it breaks next week above the 4.57 price level. It's a short-squeeze candidate.

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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

Labels: ACAD, ADVM, DHT, IPCI, TKAI

11:49 | Permalink |

My Watchlist for Friday, September 23

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Affimed NV (NASDAQ:AFMD) should be on your watch screen. Early this month stock broke out above the 50-day EMA on high volume and has been consolidating above that since then. It was indecisive today, closing the day at $3 but the volume was huge, which make me think that another breakout could be seen in the near term. The bias remains neutral in nearest term as price still trapped in range area of $2.86-$3.20 as you can see on my daily chart above. I feel there is a bigger move coming, which is why I will be watching the stock again on Friday.

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Adverum Biotechnologies Inc (NASDAQ:ADVM) The bulls are still facing a resistance at the declining 100-day EMA but I suspect the stock is about to break out higher. I wouldn't be surprised to see the stock test the $4.80 area at some point over the next few days. I really like this chart and expect to see another upside move soon.

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I keep watching FORM Holdings Corp. (NASDAQ:FH), waiting for this stock to break out of its Bullish consolidation. Go long on a close above 2.72

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Tokai Pharmaceuticals Inc (NASDAQ:TKAI) was one of the better picks today and I am looking for the stock to continue this move. The next resistance level beyond today's high is the declining 50-day EMA at 2.07. On watch.

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Ocwen Financial Corp (NYSE:OCN) is currently testing its horizontal resistance area around the 3.72 level. An upside breakout above this level could be the start of a new uptrend for this stock.

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

Labels: ADVM, AFMD, FH, OCN, TKAI

22:34 | Permalink |

My Watchlist for Wednesday, September 21

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Zafgen Inc (NASDAQ:ZFGN) displayed some impressive relative strength today with a 6.53% gain on volume well above the average and looks ready to break a recent high of $3.36. If it closes above this level, then it should be able to trade to the 3.70-3.85 ranges. Looking at the technical daily chart the near-term outlook is very positive. MACD and ADX all point to upward trend while RSI is also rising. Added to my swing long watch list.

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Adverum Biotechnologies Inc (NASDAQ:ADVM) Today the stock broke a short-term downtrend line, signaling a possible end of this corrective decline. By looking deeper on this technical daily chart, we can see that the price is forming a potential inverted head & shoulders pattern with the neckline around 4.80, breaching above it will push the price mainly towards 6.25. On my swing long list.

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Adamis Pharmaceuticals Corp (NASDAQ:ADMP) For the first time in 3 weeks, the stock closed back above the 50-day exponential moving average on solid volume. ADMP has a lot of potential to be a big percentage mover. Watch the stock closely on Wednesday, and once it breaks through $3.26, get ready to enter the trade.

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Juno Therapeutics Inc (NASDAQ:JUNO) Watch this trendline resistance closely and play accordingly. A Breakout seems to be imminent.

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Weight Watchers International, Inc. (NYSE:WTW) potential falling wedge breakout in the works. Watch the stock closely, and once it breaks through $10.33 (upper line of falling wedge), get ready to enter the trade.

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

Labels: ADMP, ADVM, JUNO, WTW, ZFGN

21:58 | Permalink |

Stocks to Watch for Aug 04, 2016

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What a great day with Adverum Biotechnologies Inc (NASDAQ:ADVM) ! The stock opened at $3.55 just above the previous close and steadily climbed all day before reaching a high of $4,47 representing real gains of nearly 25%. Congratulations once again to everyone who was able to take part in this profitable alert. From a technical standpoint, the next major resistance lies around the 4.70 level.

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aTyr Pharma Inc (NASDAQ:LIFE) Really nice reversal candle today on solid volume. with the positive divergence still expanding. Watch for a follow-through day tomorrow. I believe that LIFE could have a ADVM type move very soon.

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Pandora Media Inc (NYSE:P) showed buying strength all day. The stock price is on the verge of breaking out and it could happen very soon. If it breaks 13.77 tomorrow the stock will absolutely fly into the 14's right away.

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You need to watch Clovis Oncology Inc (NASDAQ:CLVS) stock closely because it could break resistance very soon. With nearly 43% of the float short, i believe shorts will fuel the next leg up. A big short-covering rally seems emminent. Long setup on watch.

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Gevo, Inc. (NASDAQ:GEVO) broke out of a large sideways channel pattern on solid volume, closing at the highest price in almost four weeks. If momentum continues, we could see the stock hit 90c over the next couple of sessions.

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This is a stock that could head higher from Wednesday's close. Mirati Therapeutics, Inc. (NASDAQ:MRTX) is in the process of bottoming and I expect a pop above $6 very soon. The A/D indicator on daily chart shows the strength of conviction behind this short-term bullish trend. On radar.

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CombiMatrix Corp (NASDAQ:CBMX) is setting up for another run. Lets see if it breaks over $3.39 tomorrow morning. Long set-up 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

Labels: ADVM, CBMX, CLVS, GEVO, LIFE, MRTX, P

22:59 | Permalink |

Stocks to Watch for July 29, 2016

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Very bullish action on Adverum Biotechnologies Inc (NASDAQ:ADVM) today. The stock made a very significant move on high volume, which could be signs of a bottom here. First resistance is seen at today's high of $3.78 and then at 4. On the technical side, MACD and ADX all point to upward trend while RSI is also rising. At today’s price of 3.62, Adverum Biotechnologies has a market cap of $153 million, less than the $247 million the company had in cash at the end of March. Based on fundamentals, the stock has a lot of upside potential, so watch it closely on Friday.

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Pandora Media Inc (NYSE:P) is showing signs of a potential upside recovery. The MACD has stabilized and is about to cross over its signal line. A crossover would be nice and bullish. The bulls remain in control as long as it continues consolidating its recent move. We still need to see a break and close above 13.52 to confirm a continuation to the upside with a next target in the 15 area. Only a break back below the 200-EMA would invalidate this bullish outlook.

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Micron Technology, Inc. (NASDAQ:MU) pulling back to support level. I think we might bounce here.

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GoPro Inc (NASDAQ:GPRO) Strong move today on heavy volume. Traders should watch for a potential breakout over 13.40 The MACD is positive and above its rising signal line. A breakout above this key resistance could take the stock much higher as the daily technical chart shows little resistance.

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Alimera Sciences Inc (NASDAQ:ALIM) Nice move today on heavy volume. Traders should watch for a potential breakout over 2.17

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Shares of Mattersight Corp (NASDAQ:MATR) have room for a significant uptick beyond these levels. Volume starts to pick up again. A move above $4.09 could trigger a sharp move higher. Long set-up on watch.

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Jazz Pharmaceuticals plc - Ordinary Shares (NASDAQ:JAZZ) hit my scanner today with some impressive volume and closed up 7.69%. I expect some follow through on Friday.

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Evoke Pharma Inc (NASDAQ:EVOK) is building a nice optimistic formation above the 50-day EMA on hourly. A break above today's high of $3.28 will confirm the bullish trend and the following uptrend will take price up to $3.60 zone. Technical indicators are looking bullish, but correcting overboughtconditions (Hourly).

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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

Labels: ADVM, ALIM, EVOK, GPRO, JAZZ, MATR, MU, P

22:52 | Permalink |

Stocks to Watch for July 27, 2016

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Amicus Therapeutics, Inc. (NASDAQ:FOLD) For what it's worth, the price cleared this key horizontal resistance line on increased volumes. The bounce from the 20-day EMA makes it more authentic. The MACD is rising and the RSI is moving up showing renewed strength. Ready for higher prices. Stop 5.75

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Adverum Biotechnologies Inc (NASDAQ:ADVM) Positive divergences on daily indicates that a bounce is likely. For me, it seems to be forming a bottom and the breakout is a matter of time. It's a cash-rich company.

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CONSOL Energy Inc. (NYSE:CNX) is looking pretty good breaking out of a consolidation pattern with a significantly higher target in place.

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Micron Technology, Inc. (NASDAQ:MU) A few days ago I alerted to my twitter folowers at $13, today it closed at $14.67. It just keeps moving higher on nice steady volume. Long setup.

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Ambarella Inc (NASDAQ:AMBA) Nice runner from the buy list yesterday. After one week of consolidation in the 56-58 area stock finally broke out and took out its critical level of $58.17. The break of this key resistance line confirms a short-term trend reversal and the beginning of new momentum, which could move the stock above the $60 area.

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XOMA Corp (NASDAQ:XOMA) starting to wake up, breakout watch above 58c. The daily technical chart shows that MACD is rising in negative territory, while the RSI is also gaining strength. Next resistance is located at 58c while there is some nice support around 53c. If a proper breakout happens at 58c we can see an initial target of 65c

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Apple Inc. (NASDAQ:AAPL) is trading higher after hours, as the company released good earnings. For tomorrow, the levels to watch on upside will be at 101.89 and 102.22

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

Labels: AAPL, ADVM, AMBA, CNX, FOLD, MU, XOMA

21:53 | Permalink |

Here are 7 Stocks to Keep An Eye On

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Chesapeake Energy Corporation (NYSE:CHK) finally broke out of a large base formation last week and closed on Friday just slightly below a key resistance level at 5.69 (200-day EMA). A break of this level in the next couple of days could lead the stock towards the 6.50 area. Daily technical indicators are in bullish zones and showing upward momentum.

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Adverum Biotechnologies Inc (NASDAQ:ADVM) is one stock that has sold off the past few weeks, but Friday’s move could be the start of a turnaround. On the daily technical chart, we can see a few technical signals suggesting that a swing higher may be in the cards in the short-term. First, the MACD is displaying a positive divergence. At the same time, we see that the daily stochastics are showing positive momentum from oversold levels (%K line has just rose on top of %D line), which should reinforce a move higher if near-term resistance at $3.26 is taken out. Finally, the relative strength index (RSI) is starting to bounce back from oversold territory. The company currently has 247.1 million in cash and is trading on a market cap of 87M. Bargain hunters should find this stock on Monday. ADVM will move very quickly, so keep a very close eye on the stock.

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I have been watching VirnetX Holding Corporation (NYSEMKT:VHC) over the past few days, waiting for a possible upside move. On Friday's session, we have seen high volume at the bottom, which was probably buying activity. The bulls hardly tried to close above the 100-day and 200-day EMAs, but did not succeed. However, the daily technical indicators are improving significantly. The RSI value is increasing and the MACD indicator just made a bullish crossover. I'm using $4.51 as resistance for this upside move. If the stock can close above this level next week, we should see a reversal of this downtrend. Stay tuned.

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I continue to watch this stock. The volume is still large so Vuzix Corporation (NASDAQ:VUZI) could potentially break out again at any moment.

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SCYNEXIS Inc (NASDAQ:SCYX) broke resistance on Friday, but was not able to make the expected move. Friday’s high was $2.35, which is resistance for the follow through move on Monday. If the stock does break resistance, I expect to see a strong upside move. Looking at the daily technical chart above there looks to be more room in this move, so watch the stock closely over the next few days.

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Resolute Energy Corp (NYSE:REN) is trading near its all time high (potential bullish flag formation). Buy only when the stock breaches $8.30. The stock seems to be consolidating at higher levels to work out the overbought signal.

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Newmont Mining Corp (NYSE:NEM) has been in a nice uptrend since mid April. After hitting up to a high 41.68 in the second week of July, the stock pulled back to its breakout point and looks to be setting up for another upside move. If the stock can break through that resistance, we should see an increase in volume as traders like to watch this stock. Hold your current position with a stop at $38.97.

I continue to support this app project and will do everything I can to help this fantastic team to create one of the best financial apps out there. The Stockal app is getting pretty good reviews and it's still a free app .You could download and use it for tracking and trading in all your stocks - getting news, analysis and social chatter all in one place; along with interesting investing signals that can help you decide better/faster. Best part - your brokerage will appear inside Stockal itself and you can link your account. Interestingly, the Stockal data is available on their website as well. If you like the site and find things like "Trending Stocks" useful, you can download the app to make an account and start trading there through your broker. Here're the app links: iOS app and Android app . We need your feedback in order to improve what has been created.

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: ADVM, CHK, NEM, REN, SCYX, VHC, VUZI

11:33 | Permalink |

AC Investor Blog

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

Wednesday, November 02, 2016

My Watchlist for Thursday, November 03

Sunday, October 09, 2016

My Watchlist for Monday, October 10

Thursday, September 22, 2016

My Watchlist for Friday, September 23

Tuesday, September 20, 2016

My Watchlist for Wednesday, September 21

Wednesday, August 03, 2016

Stocks to Watch for Aug 04, 2016

Thursday, July 28, 2016

Stocks to Watch for July 29, 2016

Tuesday, July 26, 2016

Stocks to Watch for July 27, 2016

Saturday, July 23, 2016

Here are 7 Stocks to Keep An Eye On

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