AC Investor Blog

Stocks to Watch for October 23, 2015

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J C Penney Company Inc (NYSE:JCP) looks to have consolidated and may be getting ready for another leg higher. The stock needs to break out above $10.09 to go higher.

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Amkor Technology, Inc.(NASDAQ:AMKR) looks ready to break a recent high of $5.62. Technical indicators are looking positive with the RSI and MACD rising. Keep it on your watch list going forward.

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eBay Inc (NASDAQ:EBAY) Resistance Breakout. Go long on the break of Thursday’s high at 27.66

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NeoGenomics, Inc. (NASDAQ:NEO) Flagging here. May run higher, keep on watch.

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Acorda Therapeutics Inc (NASDAQ:ACOR) breaks above the 200-day EMA for the first time since late August and should have a continuation move on Friday. It looks like the stock is starting to turn back up and indicators are giving the first bullish signs.

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: ACOR, AMKR, EBAY, JCP, NEO

22:27 | Permalink |

Stocks to Watch for July 18, 2014

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Medivation Inc (NASDAQ:MDVN) An aggressive trader may want to short this stock here. The fall in the stock has been extended by the violation of the support line at $73.79 and as long as the stock price trades below this key moving average, the bearish trend will prevail. The next key support level is located at $67.32.

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The stock outlook has deteriorated significantly over the past sessions. Shares of InterDigital, Inc. (NASDAQ:IDCC) are likely to drift lower to test its immediate support line at 43.47. If that support failed, it will test the next support at 39.80.

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Juniper Networks, Inc. (NYSE:JNPR) The stock is on the verge of a potential breakdown. Medium-term indicators remain pointing down.

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Adobe Systems Incorporated (NASDAQ:ADBE) shares closed on Thursday below the 20-day exponential moving average for the first time since May. It could easily be sent down to its support around 69. From the technical chart, both MACD and RSI show bearish signs. In the short term, I see no reason to buy the stock. Only a close above $74 would impart positive momentum.

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Amkor Technology, Inc. (NASDAQ:AMKR) if the stock breaks the support of 10.38 then next support level is seen around 9.16

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: ADBE, AMKR, IDCC, JNPR, MDVN

23:05 | Permalink |

Stocks to Watch for June 30, 2014

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Onconova Therapeutics Inc (NASDAQ:ONTX) is lining up for a serious bull run and it has the potential to become one of the most explosive breakout play opportunities of the month. Friday was a very strong accumulation day. It had a great move on the upside and closed at $5.35, up $0.28 on very high volume. The stock is setting up to break out and has one more level to go, which is $5.40. A break above this resistance should at least push the stock to $7.31 per share where the 100-day exponential moving average is. I'm expecting a very big day again on Monday because there is a major short position built up in ONTX and they are screwed going into next week. I'm looking forward to seeing them crushed. Watch the stock closely because once it breaks through, it will run fast. Investors can hold the stock with a stop at $4.78.

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VirnetX Holding Corporation (NYSEMKT:VHC) finally broke out of an ascending triangle last week and now is trading above the crucial 200-day EMA. Technical indicators are giving favorable signals as the stock trades above all the major EMAs and momentum indicators are also still showing upside potential for further gains. The stock hit a high of $18.57 on Wednesday, which is resistance for the continuation move.

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Rambus Inc. (NASDAQ:RMBS) is in a consolidation mode after appreciating over 30% in June. It might be just working the overbought levels. On watch.

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Amkor Technology, Inc. (NASDAQ:AMKR) saw significant correction and looks like next stop will be 50-day EMA. I have highlighted the next support on the daily chart. The momentum readings are also pointing to more downside.

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Netflix, Inc. (NASDAQ:NFLX) I see divergences on daily, it has failed 3 times at the $450 level. If the stock price breaks drawn support line and the 13-day EMA which is same as support line (435), we can see some down movement IMHO.

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AOL, Inc. (NYSE:AOL) As you can see, this stock has clearly been showing relative strength in the last couple trade sessions. If it breaks the key resistance line of 40.09, it should easily go to next price resistance around 44. The momentum indicators are also not overbought on daily, implying scope for further upsides.

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Twitter Inc (NYSE:TWTR) There is nothing bearish about this technical chart, but in my opinion we could be setting up for a pullback here. It is expected that the 42 level which coincide with the 100-day EMA might provide some resistance and the stock may struggle to go further up. Next week should provide further clues.

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One penny stock to keep an eye on : Lithium Exploration Group Inc (OTCMKTS:LEXG) The stock traded higher on Friday, as the stock received a "Strong Buy" rating from analyst Larry Oakley. He believes the stock worth $2 ( Here is the report ). "I believe it may soon achieve at least a 500% increase of its current share price. My relatively short term price target is $2.00. If one looks ahead at a combination of some of the company’s capabilities, I see the possibility of a long-term upward move to over $20 per share". You know, this stock is part of my portfolio.

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: AMKR, AOL, LEXG, NFLX, ONTX, RMBS, TWTR, VHC

08:49 | Permalink |

Stocks to Watch for June 27, 2014

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MagneGas Corporation (NASDAQ:MNGA) The bias remains bullish in nearest term as long as the stock holds above the 100-day EMA. Traders can hold the stock with a stop at this level imo.

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Universal Display Corporation (NASDAQ:OLED) has been pulling back after a sharp rally early this month up to the $31 area and to me, looks to have found a nice support level in the $28.5 to $29 area. After the close, Goldman Sachs reiterated a Buy rating on the stock and raised its price target to $44. News out this afternoon could continue the upward trend and makes OLED a stock to keep on your watch list tomorrow.

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First Solar, Inc. (NASDAQ:FSLR) Looks like it wants to break this horizontal resistance line. Be ready to go long when it does.

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IsoRay, Inc. (NYSEMKT:ISR) The buy/add point would be when it breaks over 3.26 on heavy volume.

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Amkor Technology, Inc. (NASDAQ:AMKR) has a lot more downside to come IMHO. Broke down on heavy volume and could see 10's soon.

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: AMKR, FSLR, ISR, MNGA, OLED

22:42 | Permalink |

Stocks to Watch for June 23, 2014

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BlackBerry Ltd (NASDAQ:BBRY) popped on Friday above its major resistance line at 9.71 on huge volume. This strong move confirms the stock's reversal. The uptrend that began in May has steepened in recent sessions after the earnings report, which could be seen as an indication that the stock price may be getting parabolic. Considering this strong momentum in the past week, the stock looks set to break higher above and rally towards 12+ in the near term. Technical indicators are bullish with MACD rising sharply above its signal line and has entered in the positive zone implying upward momentum. Stock price is he major moving averages. Stay invested and use dips to add.

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Lastly, looking at the long term chart we see that stock broke the downtrend line from the 18.32 high with volume expansion. It's a very important breakout because the stock has taken out a trend line, which was holding the up moves since 2013.

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Amkor Technology, Inc. (NASDAQ:AMKR) Friday's action not only confirmed the breakdown below the rising 9-day EMA it also closed below the 20-day EMA on strong selling volume. The next stop is the rising 50-day EMA now located at 9.64. However, the major support is around 9, which coincides with the uptrend trend line.

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Apple Inc. (NASDAQ:AAPL) stock closes the week slightly above the 20-day EMA located at 90.79. This EMA can be seen as a key support zone, which could determine the intermediate stock price direction. The next significant zone of support would be near the 88 level, which if breached may suggest that stock price could test its 50-day EMA. Technical indicators continue showing signs of weakness.

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Sirius XM Holdings Inc. (NASDAQ:SIRI) gained 1.65% last week, but the stock failed to close the week above its 200-day exp moving average on Friday, a sign that the recovery remains fragile. The stock needs to regain this major EMA next week or things could get very ugly. Failure to cross this resistance level can be seen as a setback for investors and could cause the stock to trade sideways or reverse.

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TriQuint Semiconductor (NASDAQ:TQNT) It was on Thursday that I listed this stock on the radar screen as a potential breakdown candidate and that scenario remains a real possibility. Use a trigger below the 15.90 level and target the 50-day EMA at 15. Technical indicators are still showing negative divergences.

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India Globalization Capital, Inc. (NYSEMKT:IGC) This black ugly candle last friday was accompanied by high volume, signaling a possible distribution day for the stock. If it breaks below the 20-day EMA I will certainly consider a short.

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, AMKR, BBRY, IGC, SIRI, TQNT

19:05 | Permalink |

Stocks to Watch for June 20, 2014

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EnteroMedics Inc (NASDAQ:ETRM) Volume starts to pick up again. It could make a huge move to the upside. Keep ETRM on your watch list. A break of $1.83 with force might give the stock room to $2.17.

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Amkor Technology, Inc. (NASDAQ:AMKR) seems to be topped out at 12.27 and made a bearish engulfing candle today on high volume, suggesting a trend reversal. If it breaks below the 11.40 level, it might test 20-day EMA and if it sustains below that, it could collapse all the way to 10-9.50 levels. Insiders sold nearly 200,000 shares this month.

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TriQuint Semiconductor (NASDAQ:TQNT) potential short setup. Currently the stock has formed a large rising wedge with declining momentum and I expect that it will resolve downward.

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Skyworks Solutions Inc (NASDAQ:SWKS) The technical indicator MACD shows a bearish cross w/ a downward sloping histogram, indicating that a potential pullback is on the horizon.

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: AMKR, ETRM, SWKS, TQNT

22:54 | Permalink |

Stocks to Watch for June 09, 2014

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Level 3 Communications, Inc. (NYSE:LVLT) still trades within a rising channel but is losing some momentum. I believe we might see a break of its 50-day exponential moving average at $41.52 and the stock price will revisit the bottom of channel for the third time.

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SanDisk Corporation (NASDAQ:SNDK) has strengthened massively since April and continued its rise last week in the face of extreme overbought conditions. However, the MACD Histogram is showing some negative divergence (white line) which might result in a pull back. Long positions should be avoided at this point A correction could be expected to 88 (50-day EMA).

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Amkor Technology, Inc. (NASDAQ:AMKR) made a potential bearish reversal Friday on massive volume. The stock is far above its 200-day EMA and the RSI is very overbought, so sideways to lower prices are possible near-term. In addition, Oscillators are also turning down. Below 10.42, support is seen at 10.19. The next support comes at 9.82.

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AvalonBay Communities Inc (NYSE:AVB) Possible Dark Cloud Cover formed on Friday. Plus, there is a negative divergence on the MACD indicator. A lower close on Monday will confirm reversal.

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VIVUS, Inc. (NASDAQ:VVUS) is testing resistance in the 5.40 zone, its recent high in last month's move up. A break and close above this key resistance zone would break the stock out to targets in the 5.95-6.10 range. Short-term indicator remains positive.

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: AMKR, AVB, LVLT, SNDK, VVUS

08:19 | Permalink |

Stocks to Watch for September 12, 2013

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Apple Inc. (NASDAQ:AAPL) breached and closed below its key support zone along with strong volumes. With this recent fall, the daily relative strength index (RSI) of the stock has re-entered into the bearish zone. The stock is now also trading below its major moving averages. If the stock breaches 460 on a close basis, then it might decline to $440.

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Very bullish action on FreeSeas Inc.(NASDAQ:FREE) this week. The stock firmed around 0.18-0.2 and then broke out with two days of high volume. Further strength above 34 cents opens the door to 40 cents. Put her on your radar.

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Amkor Technology, Inc. (NASDAQ:AMKR) has had a hard time with this resistance line, but may be ready to move higher. The level which the stock may have trouble moving above is today at $4.31. It would need to break above that level to run to $4.5.

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Shares of Himax Technologies, Inc. (NASDAQ:HIMX) continue to surge, hitting a new 52 week high of $9.36 on Wednesday. I think the stock should sustain the current trade activity in a potentially upside move.

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Intersil Corp (NASDAQ:ISIL) is still trading around $11 which has been a strong resistance over the past several weeks. I now plan to buy the stock if it can break Wednesday's high of $11.11. The trend is still up.

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Equal Energy Ltd. (USA) (NYSE:EQU) breakout over $4.84 for a daytrade

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, AMKR, EQU, FREE, HIMX, ISIL

23:04 | Permalink |

AAPL near to reach my target at $125

Chart courtesy of stockcharts

Shares of AAPL were up more 2.47% or 2.93$ closing at 121.33$ after company said it will start selling its touchscreen iPhone on June 29. Stock traded nearly 31 million shares, has now a market cap. of $104 Billion dolars. Stock is very near to reach my previous price target at 125$. AAPL has been on one of the most amazing runs of this most recent bull market. Looking at the daily chart the investor sentiment in AAPL stock showed by RSI continues strong and MACD still going up. Stock still trading in a strong Bull Market with share price above 20 dma, 50 dma and 200 daily moving average. Following this technical chart it's predictable that tomorrow AAPL will reach to new highs.

Chart courtesy of stockcharts

Keep an eye on AMKR for a possible breakout over 14.70$. MACD turn to positive.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a nice evening !!!

AC

Labels: AAPL, AMKR

22:55 | Permalink |

AC Investor Blog

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

Thursday, October 22, 2015

Stocks to Watch for October 23, 2015

Thursday, July 17, 2014

Stocks to Watch for July 18, 2014

Saturday, June 28, 2014

Stocks to Watch for June 30, 2014

Thursday, June 26, 2014

Stocks to Watch for June 27, 2014

Saturday, June 21, 2014

Stocks to Watch for June 23, 2014

Thursday, June 19, 2014

Stocks to Watch for June 20, 2014

Sunday, June 08, 2014

Stocks to Watch for June 09, 2014

Wednesday, September 11, 2013

Stocks to Watch for September 12, 2013

Monday, June 04, 2007

AAPL near to reach my target at $125

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