AC Investor Blog

Swing trade ideas and stock charts for the coming week

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Slack Technologies (NYSE:WORK) is nearing a key resistance level that has contained prices on two occasions in the last sessions. Considering the recent strong momentum, I think the stock looks set to break higher and rise above its rising 50-day EMA. The immediate support level is located at 25.06 followed by 24.41. Keep this stock in your radar list.

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Shares of Synthesis Energy Systems, Inc. (NASDAQ:SES) soared 191% to $5.25 per share after the company announced it purchased Australian Future Energy in all-stock deal worth $36M. Although the stock has been in weak market for the past few months, yesterday rally shows the stock is back on uptrend on rising MACD and RSI. With MACD now barely hit above 0, we probably will see more positive action coming from the stock. Long setup on watch. Any close above the green line (EMA200) will confirm the trend change.

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Based on the daily chart above, I feel Arcadia Biosciences Inc (NASDAQ:RKDA) stock is well over due for a counter trend rally, and I think it could see $6.5 or better if investor interest comes back into this stock. This stock was trading over $10 a share less than two months ago. From a technical standpoint, MACD is curling up and the RSI is in the oversold region, showing some signs of reversal. Thus, a strong reversal over the coming days is expected. This is the perfect stock to expect a SES type-move.

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I think it's time to reconsider adding Onconova Therapeutics Inc (NASDAQ:ONTX) to your portfolio for a potential big bounce. The company is now well-funded for the coming months with the recent offering at $1.60 and after the HanX Biopharmaceuticals deal. I started accumulating the stock. From a technical standpoint, MACD has generated a bullish alert and the RSI is in the extremely oversold region, a volatility squeeze seems eminent. Technicals are showing positive divergences supported by rising MACD and Slow Sto on the daily charts. Plus, there is a gap to fill over1.3

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VISTA OIL & GAS/S ADR (NYSE:VIST) Friday's breakout on strong volume is highly noteworthy and this stock should be added to your watch-list for consideration when the uptrend resumes.

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Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) is looking quite good here for higher prices. I'm watching closely this tiny float stock for a breakout above 3.95, as the stock has been basing nicely.

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The share price of Whiting Petroleum Corp (NYSE:WLL) is showing signs of a potential reversal. Clear break above 7.73 (EMA20) could trigger further bullish recovery testing the 8.56 area.

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Scworx Corp (NASDAQ:WORX) There are some signs of a possible bounce at this point due to the oversold conditions and some positive divergences on daily MACD, which often leads to short covering. A reversal may be on the way. Im long. This stock has a history of massive rallies at major supports.

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Enlivex Therapeutics Ltd (NASDAQ:ENLV) has been in a tremendous tailspin the last three weeks. It has seen a bevy of selling bring the stock to fresh new lows for the year and i cant find "news" that could justify the scale of decline. I took a long position on stock last week, because i believe we could see a sharp rally out of these extreme oversold conditions.

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AMD (NASDAQ:AMD) Another stock with a nice look. Resistance Breakout. Go long on the break of Friday’s high at 30.20. MACD crossover and RSI could help it get into 32's again.

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I have LYFT Inc (NASDAQ:LYFT) on my watchlist for next week. It might attempt to breakout above $40.31 level again and if it succeed we should expect a strong move to the upside.

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: AMD, ENLV, LYFT, ONTX, RKDA, SES, TTPH, VIST, WLL, WORK, WORX

15:44 | Permalink |

Several charts to watch this coming week - Happy Easter Everyone !!

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Are you seeing what im seeing? Dropcar Inc (NASDAQ: DCAR) sees accumulation and signs of major breakout opportunity. The stock has been showing higher lows on the hourly chart and the accumulation indicator is clearly showing that money has been moving into the stock.Plus, MACD has a bullish crossover. Technically speaking, it has several favorable indicators and chart patterns suggesting an increase in shares could be on the horizon in the near-term. Traders could look for a move above $2.2 as a signal that the stock could take off and surge to higher levels targeting the $2.8-3 area. I entered long last week.

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YY Inc (NASDAQ: YY) Stalking. Consolidation at highs continues, 88.78 resistance higher. As long as the stock holds above the rising EMA20 support level the intermediate-term picture should remain positive.

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Renren (NYSE: RENN) Nice jump out of the bull flag on Friday. Technicals look good. Watch for a good follow through day next week.

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Riot Blockchain Inc (NASDAQ: RIOT) had another very productive day as we saw gains of over 10%. Watch for a break of 5.42 to continue the uptrend. The medium-term trend is bullish as the stock is above 20/50/200-day exp moving averages with all moving averages going up. You should watch this stock closely on Monday.

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AMD (NASDAQ: AMD) It will be very interesting to see how this chart resolves next week. This stock has been basing in a very tight consolidation pattern and has been doing it on low volume, a buy now may be a bit early as a lot of resistance but a breakout would potentially move to the 30 level. Watch the break of the pattern and play accordingly.

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Daxor Corporation (NYSEAMERICAN: DXR) The chart indicates that stock seems to be stabilizing and has formed a falling wedge pattern, which is bullish. The volume has been quite modest for this name, and looking at the extreme oversold readings of the RSI could power a rally that I think is coming. The stock will now be facing some resistance around $10. A close above this area will be very bullish and send the stock to next resistance area at $13

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Deere & Company (NYSE: DE) Nice breakout on expanding volume last week. The uptrend is intact and signals further bullishness on this stock. I think it is a buy on any dip with a stop loss placed under the breakout point.

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Blackberry (NYSE: BB) has been pulling back in recent times and is currently trading sideways while MACD Hist is displaying an interesting positive divergence. I still think this is a nice LONG setup. The stock continues to play with its rising 50-day exponential moving average line. From the other hand, and fundamentally speaking this company continues to advance new technologies and is set to become a major force in autonomous driving, dont doubt about that. For me, John Chen is one of the most smart businessman that i know. Im long and strong on Blackberry since a long time.

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Zynga (NASDAQ: ZNGA) bounced strongly Thursday on heavy volume putting bulls back in the game. The stock is building a nice Bullish pattern under resistance at $5.55. Watch for a break through that price level to indicate that another push higher will occur.

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J. C. Penney (NYSE: JCP) is still holding up well here and the stock has a chance to move higher. Looking at the positive divergence on MACD Hist stock may break this resistance line soon. Definitely on watch.

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Boxlight Corp (NASDAQ: BOXL) has been is on a remarkable run and it does not looks like the trend will change soon. On Thursday, the stock broke out above a key resistance area making a four month high on volume above average. The high of the day was $4.45, which is resistance for the continuation move.

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OUTLOOK THERAPEUTICS, INC. (NASDAQ: OTLK) Need to see further upside confirmation tomorrow before adding to current position. The stock completely changed my point of view closing the week well positioned to start a bounce. Chart is displaying a buy divergence on the upside. So, next week keep an eye on OTLK for a possible breakout over $1.69 on a close basis.

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: AMD, BB, BOXL, DCAR, DE, DXR, JCP, OTLK, RENN, RIOT, YY, ZNGA

22:13 | Permalink |

Eleven chart setups to watch next week

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Advanced Micro Devices, Inc. (NASDAQ: AMD) which has been building momentum since mid-December, broke out of its bullish flag/consolidation on Friday. A move above 22.22 next week, would confirm the breakout and point next to a target zone of 23.75 to 24.5. Daily technical indicators are looking bullish. MACD is above its signal line, and both are moving up in positive territory. RSI has moved above its 50% level. Remain invested with a stop loss at $19.39

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Overstock (NASDAQ: OSTK) price broke out last week. Friday's heavy volume was what you want to see when a stock confirms the break of the resistance. From a technical standpoint, I believe it is time to be Bullish again on stock. I took profits on Friday around $19 and will wait for a pullback to pivot point to re-enter. Congrats to the followers that followed and cashed in last week’s 21.48%

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Cloud Peak Energy Inc. (NYSE: CLD) is still in my watch list for next week. Still looks strong. Looking at the daily chart above, the technical indicator A/D still shows strong accumulation, while MACD and RSI are rising. This could be the start of a short-term trend reversal for CLD, which is why I'll be watching the stock next week. Resistance is 42c, which was Friday’s high of the day. If the stock breaks through, there is a good chance you will see a strong upside move. Consistent move above this level could trigger further upside momentum re-testing 70c before testing 80c region. Im long. Note: BlackRock increased its stake last week to 10M shares or 15%

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American Electric Technologies, Inc. (NASDAQ: AETI) will be a stock to keep a close eye on the next few days. The stock is trapped between its major moving averages and imply that a breakout of the trapped zone must occur. I expect to see a high volume move once the stock breaks through 94c resistance, as traders are watching this stock closely. The OBV is showing a rising move, indicating a rising money flow into the stock. Keep the stock on your screen because once AETI breaks through resistance, the stock should take off and move quickly. As i tweeted, I added to my portfolio on Friday.

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Trillium Therapeutics Inc (NASDAQ: TRIL) is on the verge of a BIG breakout. The stock ended the day with a strong gain of 18 cents (11%) to $1.76. It pushed higher throughout the day and closed out the session near its highs. This creates a bullish scenario for Monday, one in which the stock opens the day a few ticks higher and then continues its rally. From a technical standpoint, there are some signs of a possible bounce due to the oversold indicators and some positive divergences on daily MACD, which often leads to short covering. Let’s see whether the stock can gather enough momentum to break through $1.80. This stock runs fast.

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HUYA Inc (NYSE: HUYA) had a very good bullish rally on Friday accompanied with large volume, breaking out of a small consolidation period. Short-term targets are 23.85 and 24.19. The MACD is rising and still in the positive zone. Long setup.

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Qutoutiao Inc (NASDAQ: QTT) strong bullish bar on Friday with a close near the highs of the day. Watch for a follow through day on Monday. Next major resistance lies at 9.78

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Rewalk Robotics Ltd (NASDAQ: RWLK) is threatening to break through the 31c resistance level which would be a very bullish sign. If it breaks, we could see 40c quickly. The stock price has been strong over the past weeks, so watch it closely the next few trading sessions. GREAT ARTICLE to read this weekend: Bill Gates Examines Exosuits at the Wyss Institute at Harvard

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VirnetX Holding Corporation (NYSEAMERICAN: VHC) Looks to have a bull flag pattern on it after a couple of powerful days into it. Next buy point would be on the day the stock blows through $5.4 on heavy volume to test the recent highs. The stock will continue in its bullish movement upward as long as the stock holds and stays above the $5 level.

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NVIDIA Corporation (NASDAQ: NVDA) closed back above the declining EMA50 for the first time since October. Stock is on my watch list for next week. The stock price can potentially set-up well for a swing-trade, if it confirms this breakout.

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JinkoSolar Holding Co., Ltd. (NYSE: JKS) On my swing long list. Strong Breakout. The technical daily above chart is showing buy signal with stock trading above 50-day and 200-day exp moving averages with MACD on top of signal line in positive territory and %K line on top of %D line. Watch for next leg up. Technically, dips should be bought. Long setup.

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: AETI, AMD, CLD, HUYA, JKS, NVDA, OSTK, QTT, RWLK, TRIL, VHC

19:41 | Permalink |

Chart setups for the coming week

Good morning all and welcome new readers.

I've been quiet lately but that doesn't mean I've stopped blogging. While you are waking up, I have been looking for good setups for the coming week. Please see below my choices.

Do not forget to keep watching my intraday ideas on twitter and Stocktwits.

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Overstock (NASDAQ:OSTK) surged 11.17% or $1.52 cents to $15.13 per share on Friday after Patrick Byrne Says tZERO will be launched next week. Looking at the daily chart you can see that the price action has formed a descending channel since August and closed near the resistance line. A break above 15.60 next week should lead to a massive short-squeeze because the stock is heavily shorted.

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Clovis Oncology Inc (NASDAQ: CLVS) which had been flagging in the last 2 weeks off its recent upmove from the 17.5 area to around 25,4 broke out of the flag Friday on decent volume. A break above 25.38 would confirm continuation of the upmove and should lead to a short-term target in the 28 area.

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Blue Apron Holdings Inc (NYSE: APRN) Strong move Friday on solid volume. Traders should watch for a potential breakout over 1.55. The MACD is positive and above its rising signal line. A breakout above the key resistance could take the stock much higher as the daily chart shows little resistance.

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Cronos Group Inc (NASDAQ: CRON) may be setting up to make new highs next week. Next buy area is when the stock clears 15.3 on heavy volume. From a technical standpoint momentum indicators are in bullish zones. The daily MACD is moving above its signal line in positive territory, while RSI is moving up above its 70% level. All major EMAs are rising and the stock is trading above them. For now the bulls remain in control.

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I continue to support the idea of a significant rally on shares of Oragenics Inc (NYSEAMERICAN: OGEN), probably even above the November highs. We still need to see a break and close above the downtrend line with a next target in the 1.50 area. Only a break back below the 75c would invalidate this bullish outlook. The recent accumulation remains intact.

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Real Goods Solar, Inc. (NASDAQ: RGSE) has an interesting daily technical chart and could have another bigger move soon. The outlook for stock remains positive supported by the major EMAs and momentum indicators. Strong support for the stock exists at 50c. The most recent news are very optimistic for the company and exciting for investors. I went long last week.

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Northern Oil & Gas, Inc. (NYSEAMERICAN:NOG) hit my scanner Friday with some impressive volume and closed up 8.%. I think this stock will get more attention as the volume and money flow increase. Breakout watch over 2.85

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BlackBerry Ltd (NYSE: BB) cleared resistance on expanding volume and looks ready to extend its gains. Keep on watch list.

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Advanced Micro Devices, Inc. (NASDAQ: AMD) has the perfect set up to make a nice run here. The stock is building a nice optimistic formation under resistance at $21.44. Watch for a break through that price level on volume to indicate that another push higher will occur.

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: AMD, APRN, BB, CLVS, CRON, NOG, OGEN, OSTK, RGSE

13:00 | Permalink |

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

Labels: AAPL, ALT, AMD, AWSM, CHFS, CRMD, GE, LPI, PIXY

12:36 | Permalink |

AC Investor Blog

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

Saturday, October 12, 2019

Swing trade ideas and stock charts for the coming week

Friday, April 19, 2019

Several charts to watch this coming week - Happy Easter Everyone !!

Saturday, January 26, 2019

Eleven chart setups to watch next week

Sunday, January 20, 2019

Chart setups for the coming week

Saturday, January 05, 2019

Stocks to Watch for January 07, 2019

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