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Saturday, January 05, 2019 

Stocks to Watch for January 07, 2019

Happy 2019 everyone! 

I hope you have had a great holidays season! I wish you all a blessed year, both in your work and personal life.

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Advanced Micro Devices, Inc. (NASDAQ: AMD) had a great move on the upside Friday and closed at $19, up 1.95. The stock is setting up to break out and has one more level to go, which is the EMA200 at $19.24. Watch the stock on Monday, because once it breaks through, it will run fast.

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Apple Inc. (NASDAQ: AAPL) bounced strongly on Friday and a rally to over $154 is highly expected next week to fill the gap. The daily RSI indicator has also bounced from its extreme oversold zone, and this confirms that the current upward move is backed by some momentum. On watch.

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Altimmune Inc (NASDAQ: ALT) this spec play is back on my list for next week. The stock has been witnessing buying power enter the stock and could witness a Major Breakout Opportunity. Resistance is now $2.73. This stock has a history of making crazy moves after breaking resistances. Keep your monitor locked on ALT since it is ready to make that move.

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ShiftPixy Inc (NASDAQ: PIXY) Keep a close watch on PIXY since, in my opinion, share prices are attractive at these levels and the technical setup looks very promising for a big bounce. MACD Histogram has been rising and is on the verge of breaking the power zone (Positive Bullish Divergence). This beaten-down stock is ready to rebound.

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CHF Solutions Inc (NASDAQ: CHFS) another spec play that caught my attention last week. This R/S play has now just 400k shares float and made a strong upside move on Friday, after has been consolidating at lows for the past five days. Friday’s high was $8.5, which is too close to the natural resistance around its declining EMA20. Although the moving average remains weak, as soon as there's any breakout above it we should see a lot more buyers coming. This stock can move very quickly, so keep it on your screen for next week. Everything is possible here. Play small and safe. Im long.


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CorMedix Inc. (NYSEAMERICAN: CRMD) finally broke out and made a nice move today. I'm watching the stock for a continuation move next week. MOT is back to bull market rally with MACD on top of 0 and RSI above 50% level. The stock has good upside potential here for a run to $2.4 again, so keep watching the stock for further moves.

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Cool Holdings Inc (NASDAQ: AWSM) looks to have found bottom here, as the stock closed above $1.83 on Friday's session. The high of the day was $1.91, which is resistance for Monday’s move. If the stock can break through resistance, further upside may be possible, and would signal a change in trend from down to up.

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General Electric Company (NYSE: GE) has broken out from a major resistance line as it closed the week at $8.23 per share. GE had taken out its 20-day EMA at 7.62 on Wednesday and we may possibly be seeing the price heading towards the $9 resistance next week.

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Laredo Petroleum Inc (NYSE: LPI) has been on a nice up move recently and looks like it wants to go higher. The stock hit a high of $4.04, which is resistance for Monday’s move. I expect to see the buying again, so keep a close eye on it.

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

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12:36 | |

Saturday, November 03, 2018 

Some stocks worth watching next week, trading rules and a BIG THANK YOU

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NII Holdings Inc (NASDAQ: NIHD) jumped $1.10, or 16.92%, to $7.6 on Friday, breaking out above its upper line of the sideways trend and a mid-term horizontal resistance zone on volume, sending a new buy signal. The measured price target of this breakout is at 9-9.20 range. Daily technical indicators are in bullish zones with all exponential moving averages rising. A continuation of the rally is likely.

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Evofem Biosciences Inc (NASDAQ: EVFM) Do you remember this symbol? We made a lot of money in the summer, when the stock rose from $2.30 to $4.96 in just few trading sessions. Since then the share price has been consolidating that move within a large bull flag pattern, which was broken in the final hour on Friday. Although technical analysis doesn't predict the future of a stock, studying previous price history and patterns can often help to determine what a stock may do in the future. In the case of EVFM this bull flag pattern is probably the most bullish chart pattern you can trade, because it occurs when a stock is in a strong uptrend. Daily technical indicators are also predicting a new strong move higher, with the RSI indicator rising while the MACD is cutting above its signal line. Over $4 it could make another explosive move upwards, so keep your eyes on it and watch it trade. My system gave a new buy alert and i entered long on Friday.

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Hope you all enjoyed a great bounce on Emerge Energy Services LP (NYSE: EMES) last week. I mentioned on blog as a potential bounce play, and BANG !!!! "We could see a 30-50% possible bounce up to $3.25 - $3.5 a share" A huge congratulations to all those who profited from last week idea. The stock rallied for over 50% potential gains on Friday session. I took profits but i will keep EMES on my watchlist for a possible re-entry. The next key resistance is located at 3.89 (declining EMA50).

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Altimmune Inc (NASDAQ: ALT) is another serious potential big runner next week. The stock has been witnessing increasing buying pressure for several consecutive trading sessions, with the accumulation line rising. I believe that the bullish accumulation witnessed over the last weeks is a prelude to what traders could see very soon. Daily technical indicators are looking bullish. MACD is rising above its signal line in negative zone. ALT's chart suggest that increased buy side activity could push share prices to much higher levels.

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Adamis Pharmaceuticals Corp (NASDAQ: ADMP) is recovering from its recent bottom with MACD Hist showing a positive divergence. It looks like the stock wants to breakout of this falling wedge pattern, but has not been able to gain the needed momentum. You should keep this stock on your screen radar next week.

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Acacia Communications, Inc. (NASDAQ: ACIA) Broke out yesterday on heavy volume and looks ready to test the highs.

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CorMedix Inc. (NYSEAMERICAN: CRMD) bounced strongly again from its long-term trend line on volume, which suggest a continuation of the current uptrend. As long as this trend line holds and the $1 level is intact we could see a bullish trend intact.

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Vaxart Inc (NASDAQ: VXRT) I still think this stock looks set to break higher. With flu season coming up, it could go to $4-$4.85 on a sharp rally. Chart looks very interesting here.

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AcelRx Pharmaceuticals Inc (NASDAQ: ACRX) broke out yesterday but didn't hold the strong gains above the breakout zone and closed at 4.80. Watching action closely up here. We need a close above 5.05 to see further gains. Buyable on a pullback to 4.25 imho

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Affimed NV (NASDAQ: AFMD) broke the falling wedge pattern last week. The volume confirmed the breakout as it was greater than average. Setting up for higher prices. Technically, dips should be bought. Next key resistance level lies at 4.64

I decided to share you all followers again my basic trading rules that should be taken always in consideration for trading in order to become a successful trader in the stock market. 

1 - The trend is your friend, so never go against the trend. 
2 - Keep your losses small. Golden rule: Cut losses short. Let profits run. 
3 - Use stops. The stop loss should be placed few cents below the supports and not at the same level. 4 - Learn the basics of fundamentals, charts and technical indicators. 
5 - The good trader is one who makes consistent gains, so don’t be a greedy trader, appreciate the small and the big gains. 
6 - Do not fear the market. Be always confident in your trade decisions. 
7 - Never buy what you do not want, because you think it is cheap. 
8 - Always be conscious that the loss may arise and you should be prepared for that to happen. Open mind. 
9 - For large positions, you must to have total control of the market never losing sight 
10 - Volume is a leading indicator, so play the breakouts using the volume as support of your decision. 
11 - Chart breaks without volume could be a trap and the probabilities of succeeding are low 
12 - Do not be hasty to buy or sell a stock, every day there are new opportunities to make money. Be patient is the key of success of any trader. 
13 - Only believe fundamentals as long as the technical signals follow. 
14 - Trading very speculative stocks is a frequent mistake. 
15 - Do not trade positions too large relative to your available capital. 
16 - Do not invest all your money in one company. Your portfolio must be diversified. 
17 - The Greed to pick tops or bottoms is a usual error. Wait for the perfect and confirmed signal. 
18 - Do not make trading decisions based on a story you saw in the morning paper. The market many times has already discounted the information. 
19 - Review your missteps to improve your skills 

As i always say, with patience and discipline, you can take much more from the stock market than you ever gave. Trading stocks is not easy for beginners or professionals, it is really very hard and requires lot of attention and knowledge. If stock trading was easy, everyone would be doing it. You can be successful at the stock market, with patience, discipline and a good trade set-up. The key objective is to make money and not lose it.

Just a last note. Many thanks for helping AC Investor Blog surpass the 70000 Followers mark on Stocktwits! I'm going to try to get 35000 followers on Twitter before the year ends, maybe you guys can help me to achieve my goal. It's great to see that the number of followers are increasing day by day, which hopefully means that some people enjoy my daily stock tips. BIG THANK YOU !!



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

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14:19 | |

Saturday, October 06, 2018 

Small caps to watch next week and 19 trading rules

Dearest Readers/followers :) 

Small-capitalization stocks are on fire, so i will be here as long as the momentum is in our favor (i dont trade OTC stocks). Small-cap stocks generally provide the best returns for day traders, but we need to be aware of the risks. There could be liquidity problems if someone is trying to take a big position in a small stock, so if your account is small, please diversify in order to avoid been stuck in just one stock and use tight stops. Small cap companies can be a good opportunity because of the cheap share price, but we need to have rules to trade them. Meanwhile, and based on my experience over the years, here are some basic trading rules that should be taken always in consideration for trading in order to become a successful trader in the stock market. 

1 - The trend is your friend, so never go against the trend. 
2 - Keep your losses small. Golden rule: Cut losses short. Let profits run. 
3 - Use stops. The stop loss should be placed few cents below the supports and not at the same level. 4 - Learn the basics of fundamentals, charts and technical indicators. 
5 - The good trader is one who makes consistent gains, so don’t be a greedy trader, appreciate the small and the big gains. 
6 - Do not fear the market. Be always confident in your trade decisions. 
7 - Never buy what you do not want, because you think it is cheap. 
8 - Always be conscious that the loss may arise and you should be prepared for that to happen. Open mind. 
9 - For large positions, you must to have total control of the market never losing sight 
10 - Volume is a leading indicator, so play the breakouts using the volume as support of your decision. 
11 - Chart breaks without volume could be a trap and the probabilities of succeeding are low 
12 - Do not be hasty to buy or sell a stock, every day there are new opportunities to make money. Be patient is the key of success of any trader. 
13 - Only believe fundamentals as long as the technical signals follow. 
14 - Trading very speculative stocks is a frequent mistake. 
15 - Do not trade positions too large relative to your available capital. 
16 - Do not invest all your money in one company. Your portfolio must be diversified. 
17 - The Greed to pick tops or bottoms is a usual error. Wait for the perfect and confirmed signal. 
18 - Do not make trading decisions based on a story you saw in the morning paper. The market many times has already discounted the information. 
19 - Review your missteps to improve your skills 

With patience and discipline, you can take much more from the stock market than you ever gave. Trading stocks is not easy for beginners or professionals, it is really very hard and requires lot of attention and knowledge. If stock trading was easy, everyone would be doing it. You can be successful at the stock market, with patience, discipline and a good trade set-up. The key objective is to make money and not lose it.

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The strong move in Altimmune Inc (NASDAQ: ALT) shares was something that I tweeted on Friday's morning around the $5 level before the move. The stock price broke out of a bottom/accumulation pattern accompanied by strong volume. I scalped this stock in the past and missed the massive run-up because I did not buy and hold, but I think we will see a nice follow through next week to fill the gap on chart. I am keeping ALT on the list for the next few days.

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On watchlist, no trigger yet. NII Holdings Inc (NASDAQ: NIHD) continues to consolidate in a very tight range. The stock has been in a nice uptrend for three consecutive months and it looks very strong with all EMAs going up. If you're long use the rising 50-day EMA as your stop-loss. Breakout watch over 6.10

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Bellerophon Therapeutics Inc (NASDAQ: BLPH) finished higher on Friday after bouncing off of support around the 1.05 area, a strong support region, that may represent the bottom, in the short-term technical chart. Investors continued to support BLPH stock around this key support level, absorbing the waves of selling and pushing the share price higher. The volume looks like it is picking back up and the MACD is about to cross above the zero line. Look for a break above the 1.33 level to enter longs.

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Matinas BioPharma Holdings Inc (NYSEAMERICAN: MTNB) experienced wild swings on Friday. At one point the stock was very oversold at 75c and then bounced all the way back to 88c. I think this was a very important day, as the stock might be indicating the market capitulated at the lows. If Friday’s support holds next week, it could be a turning point for the stock. This sympathy play of AMRN could see another strong move to the upside very soon IMHO I recommend everyone to watch this video HERE that was published on October 1 with the CEO saying the company is beating out competitor for reducing serum triglycerides. Im long and strong.

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RXi Pharmaceuticals Corp (NASDAQ: RXII) shares decreased 70% from a couple weeks ago after making a big uptick. Now that offering was closed with prices well above current levels, stock is ready to make a solid move since it has started recovering from its recent strong support zone. Additionally, as you can see on chart, money flow has been very high during the consolidation/accumulation phase which is a very positive sign from a technical perspective, so don't ignore it, consider taking advantage of the situation. Any break above the 68c level next week, could be a good sign to close the HUGE gap.

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Sphere 3D Corp (NASDAQ: ANY) could be in the early stages of a technical breakout. If the stock can break through 37c, expect to see heavy volume drive the stock higher. Short-term technical indicators are looking bullish.

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Microbot Medical Inc (NASDAQ: MBOT) is screaming for a bounce opportunity and I think we can see some nice moves next week. I continue to see a lot of potential in this company. Keep MBOT on your trading station, since it is appears to be attracting more investment attention. I still holding a long position here.

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CorMedix Inc. (NYSEAMERICAN: CRMD) potential breakout candidate. It looks like it's gonna try to squeeze some shorts. Once the stock breaks the 1.43 level, we should see another strong upside move. CRMD will move very quickly, so keep the stock on your screen throughout the day on Monday.

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Valeritas Holdings Inc (NASDAQ: VLRX) Volume starts to pick up again. Could make a nice move to the upside. Keep it on your watch list. A break of $1.7 with force might give VLRX room to $2

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India Globalization Capital, Inc (NYSEAMERICAN: IGC) needs to hold support at the $4 on a close basis to avoid further declines. This area is a critical support region that can determine overall bias for the stock in short-term. If you're in IGC, make sure to set your stop loss.

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Novavax, Inc. (NASDAQ: NVAX) Watching for breakout confirmation. The stock needs to break and hold 2.18 to confirm. A breakout could take NVAX much higher as the chart shows little resistance.

Just a last note. Many thanks for helping AC Investor Blog surpass the 30000 Followers mark on TWITTER !! I'm going to try to get 70000 followers on Stocktwits this month. It's great to see that the number of followers are increasing day by day, which hopefully means that some people enjoy my daily stock tips. Unfortunately I cant answer everyone in real-time. The best way to get in contact with me is through my email address here at the blog. BIG THANK YOU !!

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

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17:34 | |

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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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