AC Investor Blog

12 stock charts to watch next week

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Viking Therapeutics Inc (NASDAQ: VKTX) surged 1.43, or 16.8%, Friday on higher-than-average volume and finished at its highest close in more than three months. It closed at 9.94, substantially above key resistance at 9.37, confirming the breakout. Im looking for a move towards the $11 area in the next couple of days. Technically, any pullback to pivot is a good entry point (Note: i booked profits abv 10.2 but i want enter to enter again on any pullback)

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Nio Inc - ADR (NYSE: NIO) ready to move off support? Stock has been holding up at $5 the last few days after a dramatic decline from well over $10 a share this month. I think any close above the 5.19 level in could be the recipe for a bullish reversal higher.

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Superconductor Technologies, Inc. (NASDAQ: SCON) lets see if we can get a move back over $1.80. Volume history shows this stock doesn't need too much buying pressure to rise fast. I went long on Friday. Could pop over 1.56 (former runner)

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ConforMIS Inc (NASDAQ: CFMS) continues to impress, now consolidating within an ascending triangle. Fresh exposures may be considered on a move past $2.95, with a stop-loss at $2.65

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Blackberry (NYSE: BB) broke resistance with a maissive volume move on Friday after the company reported earnings that beat Wall Street's expectations. Increased volume at the break-out supports the bullish trend going forward. Technically, a buy on any dip.

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Lyft (NASDAQ: LYFT) The 5-m chart of the first day of trading. Only a break of $80 could regain the short-term bullish momentum.

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Gevo Inc (NASDAQ: GEVO) could see $2.50 in the next few days and depending on a few variables (Including news) this stock could soar even higher. This is a stock that is still flying under the radar of so many traders. I think right now GEVO is forming a solid base for a substantial bounce.

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I said in the beginning of the month that AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO) could be set up for a technical breakout and so far we've seen just that. After falling from $2 to penny status, investors are slowly starting to recognize the potential of this stock. The symbol is buzzing on social media again, and from what we've seen so far, this stock could be far from done. Im keeping a close eye for any type of minor pull-back for the potential of another and possibly much stronger rally. Congrats if you've already made this a great winner. Stay tuned for more.

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Cleveland-Cliffs Inc (NYSE: CLF) deserves some attention next week. Price action is moving within a descending channel or bullisg flag pattern testing the upper trend line for a breakout to move back north. The MACD is also displaying a positive divergence, but we need to see a clear solid bullish signal cross, which would occur if price breaches 10.2 A break above that area could trigger further bullish momentum and keep the bullish scenario intact.

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Limelight Networks (NASDAQ: LLNW) Nice breakout on 3x the daily average volume, positive MACD. Look for a quick run to $3.55

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AEterna Zentaris Inc. (NASDAQ: AEZS) broke out of a large consolidation period. Volume was decent on signaling that this move should hold. The technical chart above shows a continuation of the trend with MACD and RSI in the Bullish areas. The stock is in a strong bull market with both 50 day and 200 day exp moving average going up. Long setup.

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Regulus Therapeutics Inc (NASDAQ: RGLS) Another great setup for bottom lovers. The stock has been in a downtrend the past few days, but could have found a bottom at these levels. Notice accumulation volume has been ramping up lately. If the stock can break through Wednesday’s high of $1.11, we should see a strong follow through move. Keep watching RGLS for a possible strong bounce from current levels.

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: AEZS, AVEO, BB, CFMS, CLF, GEVO, LLNW, LYFT, NIO, RGLS, SCON, VKTX

08:43 | Permalink |

Interesting setups that you should watch next week

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When the stock market is down, should we buy or sell? Thats always the million dollar question for many investors. Your instinct probably says yes, but looking at this daily chart formation, it maybe wise to buy rather than sell, because of the December effect. While buying the dips can be scary for investors, it's been a great strategy in recent years, especially in this particular season of the year. The rising accumulation line also indicates that smart money is doing exaclty that. Above chart shows what it looks like to be a head and shoulders bottom pattern or in other words an inverted head and shoulders, which is the first sign that a bearish trend is about to end. The inverted head and shoulders formation represents a decline to a new low and a rally to immediate resistance, followed by a second decline to a lower level, then a third, more modest decline and rally through resistance. However, take note that the index must break the neckline of this pattern located at 2816 in order for it to be a valid inverted head and shoulders. Many market participants and friends are reluctant to believe in a Santa Claus rally this year, but im confident that we will see it happens once again.

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Applied Materials, Inc. (NASDAQ: AMAT) stock chart is also displaying an inverted Head and Shoulders formation. The good reaction to bad news "Guidance" is the ultimate indicator of positive sentiment for next week. If a company releases bad news and its stocks are going up, it may mean that all bad news are priced in JMHO. The break of "neckline" resistance next week, could lead to a nice short squeeze and one that will be fun to watch.

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Advanced Micro Devices, Inc. (NASDAQ: AMD) continues to be bought on dips as accumulation chart suggests. The near-term bias remains neutral but a daily close above $22 will shift the bias to bullish.

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Watch Real Goods Solar, Inc. (NASDAQ: RGSE) to go higher, the stock had good volume and a nice big candlestick on Friday. This was on my watchlist last week for 51c break.

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Digirad Corporation (NASDAQ: DRAD) was over $1.58 last month and closed Friday at $1.03. Insiders purchased more than 40k shares in the last 2 weeks. We could see a sharp rally out of these oversold conditions.

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Second Sight Medical Products Inc (NASDAQ: EYES) still in play for me. I'm following the smart money here. Director purchased 6M shares in just 4 months. Plus, the stock is very oversold. This chart shows the velocity of amplitude "move" that stock does, everytime it reaches extremely oversold conditions. On watch for a big bounce.

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MTNB stock is holding its ground really well above its key EMAs and the golden cross is about to HAPPEN for the first time in months, which is a strong bullish signal. It could see a nice bounce here.

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AEterna Zentaris Inc. (NASDAQ: AEZS) broke out to new highs Friday on heavy volume. The stock has been on fire and it is hard to predict how far the momentum will take the stock. If you want to ride the uptrend as long as possible, you can hold the stock with a trailing stop.

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: AEZS, AMAT, AMD, DRAD, EYES, MTNB, RGSE, SPX, SPY

18:10 | Permalink |

Six Chart set-ups to watch next week

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CytRx Corporation (NASDAQ:CYTR) closed the week with a clear bullish tone in its daily chart, paving the way for potentially massive breakout. A move higher above 1.10 (into the gap zone) would signal a breakout, with a next target of around $2 area. Yesterday was a big accumulation day. Let the profits run using the rising EMA200 as stop.

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22nd Century Group Inc (NYSEMKT:XXII) The stock is on the way to test the $2 level again. It could be gearing up for a nice continuation next week, so make sure to take action and do not miss out on this opportunity. A reversal may be on the way. I will use 1.55 as stop.

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AEterna Zentaris Inc. (NASDAQ:AEZS) After typical pullback the stock has found a nice around its EMA9 and might be reversing (bouncing). It might attempt to breakout above $2.35 level again next and if it succeed we should expect another strong move to the upside.

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Advanced Micro Devices, Inc. (NASDAQ:AMD) This stock has been trading in an ascending channel formation on its daily chart and is currently testing support on its rising EMA20. If price reverses from this level, we will have good buy opportunity. On watch.

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Align Technology, Inc. (NASDAQ:ALGN) continues to act strong setting new highs. Technical indicators are looking quite overbought here but can stay there for long periods of time. Any dip is a buy opportunity using the EMA9 as stop.

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NewLink Genetics Corp (NASDAQ:NLNK) The break of the key resistance line with heavy volume should be the next buy point. Technical indicators are looking bullish.

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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: AEZS, ALGN, AMD, CYTR, NLNK, XXII

17:37 | Permalink |

My Watchlist for Friday, June 09

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BlackBerry Ltd (NASDAQ:BBRY) is flagging nicely above its key exponential moving averages, showing that the bullish sentiment remains intact. Plus, the accumulation/Distribution line still rising, it means accumulation (buying).

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If Cyclacel Pharmaceuticals Inc (NASDAQ:CYCC) can break out above $4.40 with heavy volume, I think the stock could shoot up to test $5.5-5.7 area. There looks to be good upside potential, so watch the stock very closely.

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Cytori Therapeutics Inc (NASDAQ:CYTX) Added to my swing long watch list, a potential gap fill candidate.

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Valeant Pharmaceuticals Intl Inc (NYSE:VRX) is back on the list for Friday’s trading session. Nice bullish candle on high volume, closing above the EMA100 for the first time in months. Looks like higher prices to come. Resistance reflects Thursday’s high.

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I'm a patient investor at current levels. AEterna Zentaris Inc.(NASDAQ:AEZS) The stock is basing constructively just under the 20-day EMA. The real fireworks should begin if price can break above the $1.14 area. Looking at the technical chart, there are early signs in the indicators, that a larger move may be coming. Watching for a breakout soon.

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Delcath Systems, Inc.(NASDAQ:DCTH) The stock closed up 94% on a monstrous 256M shares traded. Congrats to those that took full advantage of my Twitter alert. Keep in mind, this is a penny stock so play it like a penny 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: AEZS, BBRY, CYCC, CYTX, DCTH, VRX

23:08 | Permalink |

Stocks to Watch for November 27, 2015

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Clovis Oncology Inc (NASDAQ:CLVS) is starting to heat up and I expect to see it trading above $32 or better very soon. This bottom play has started to bounce nicely off its bottom and the momentum indicators are giving a clear picture of a short-term upward bias. I would not be surprised if it hit $35 at some point next week.

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Plug Power Inc (NASDAQ:PLUG) Price broke through resistance and out of a base formation on a huge volume spike. The next resistance level to watch is at 2.15 (50-day moving average). Above this level could test 2.56 next. On the technical side, indicators are turning up from oversold levels indicating more upside for the stock. A lot of eyes are on PLUG right now so make sure this is on your radar screens. Patience is a virtue.

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AEterna Zentaris Inc. (NASDAQ:AEZS) stock closed above the trigger point on the hourly chart with expanding volume and is registering a strong Bullish signal. Let’s see whether the stock can gather enough momentum to break through Wednesday’s high. If the Bulls are able to push through 11.68, there will be another rally towards $13. Note: On Wednesday, the company reaffirmed that its business and prospects remain fundamentally strong and that the ddilution from Series B Share Purchase Warrants has been substantially eliminated, something that sounds very good for shareholders. Keep the stock under the radar.

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Pan American Silver Corp. (NASDAQ:PAAS) is in a continues short-term uptrend. A move to the $7.50-7.76 range appears likely, however the stock needs to take out the 50-day exponential moving average first.

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: AEZS, CLVS, PAAS, PLUG

20:29 | Permalink |

Stocks to Watch for November 24, 2015

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Arca Biopharma Inc (NASDAQ:ABIO) broke out of a bottom/accumulation pattern today, as the stock closed up 47c or 8.94% on heavy volume, closing above the 50-day EMA for the first time in months. Today’s high is resistance for a follow through move on Tuesday. Looking at the technical chart above MACD and ADX both signal positive strength. The stock still trading above 9-day and 20-day exp moving average, also a bullish sign. Plus, the company will make a presentation at the 27th Annual Piper Jaffray Healthcare Conference on Tuesday, December 1 2015. I believe this conference on Wednesday could be a positive catalyst for ARCA biopharma shares.

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Acacia Research Corp (NASDAQ:ACTG) has been floating around 5.17-5.5 for several trading sessions and I still think the stock could see a sharp move higher from here. Daily technical chart indicates the stock is tremendously oversold, but the RSI is improving and the slow Stochastic is turning higher in oversold zone. If it breaks higher above 5.62 or 9EMA, it could go as high as 6.38 in short-term.

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JD Com Inc (NASDAQ:JD) finally broke out of the consolidation range that I've discussed lately. The stock hit a high of 31.07 and a low of 29.99 during the day. A break over today's high could push it to test $32. The near-term outlook is bullish for the stock. MACD is positive and above the signal line. RSI is moving up and above its 50% level. Long setup.

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PACCAR Inc (NASDAQ:PCAR) I like the idea of getting long with a stop below $50. The MACD is making a bullish crossover and the RSI is also rising. On watch.

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AEterna Zentaris Inc. (NASDAQ:AEZS) has finally closed above its 50-day exponential moving average currently placed around levels of $7.28 and it did so on heavy volume. Plus, the MACD indicator has just started to increase and the RSI is also showing positive signs on the stock. Stock price is expected to at least rally the next resistance at $9.70 and even go higher to test the 200-day EMA at $13.37

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: ABIO, ACTG, AEZS, JD, PCAR

22:01 | Permalink |

Stocks to Watch for September 23, 2015

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Strong breakout of resistance on volume confirmation. The heavy buying makes this an interesting situation and one worth watching on Wednesday. The technical chart shows the stock is in a short term bull market rally with MACD on top of signal line and %K line on top of %D line. This momentum could push this stock much higher from here. Next resistance is now seen around $2.50. VW scandal could benefit this company. CDTi's Chief Technology Officer will participate at the 6th Annual Global Congress of Catalysis 2015 (GCC-2015) being held September 24th to 26th in Xi'an, China.

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E I Du Pont De Nemours And Co (NYSE:DD) looks like it may have found a bottom already. The daily technical indicators are looking better for the stock with MACD indicator above its sell signal line, %K line on top of %D line and RSI indicator moving up from the 30 level. A close above $49.51 will impart bullishness and will help the stock move to the $52 area.

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AEterna Zentaris Inc. (NASDAQ:AEZS) I grabbed the pullback under 8c and took a long position. If it can holds this support area we might see another leg up.

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GoPro Inc (NASDAQ:GPRO) MACD is showing signs of bottoming. Go long on the break of Tuesday’s high at 33.75.

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: AEZS, CDTI, DD, GPRO

22:37 | Permalink |

AC Investor Blog

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

Saturday, March 30, 2019

12 stock charts to watch next week

Saturday, November 17, 2018

Interesting setups that you should watch next week

Saturday, July 29, 2017

Six Chart set-ups to watch next week

Thursday, June 08, 2017

My Watchlist for Friday, June 09

Thursday, November 26, 2015

Stocks to Watch for November 27, 2015

Monday, November 23, 2015

Stocks to Watch for November 24, 2015

Tuesday, September 22, 2015

Stocks to Watch for September 23, 2015

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