AC Investor Blog

Stocks to keep an eye on May 30, 2019

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Beyond Meat Inc (NASDAQ: BYND) cleared resistance on heavy volume and looks ready to extend its gains.

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I have been accumulationg shares of Novus Therapeutics Inc (NASDAQ: NVUS) the company has two catalysts coming up in June. Could history repeat itself? Let's keep things simple as always. Short term momentum indicators, like MACD, RSI, Stochastics are substantially oversold and showing technical signs of a reversal. Everytime the RSI has breached the level 20, has lead to a massive rally. Plus, the upcoming catalysts could also fuel a huge short covering rally after a strong drop from April highs 4.31. Let's keep an eye on NVUS as i think momentum will pick up.

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I continue to support the idea of a significant rally on shares of Workhorse Group Inc (NASDAQ: WKHS) based on the technical chart. The stock is getting a battle with resistance at $1.80 area. The stock has been consildating for weeks now, and may be ready to clear this resistance zone. The technical daily chart shows positive sign as the stock has been above all key exponential moving averages and has formed a golden cross last week. A Golden cross is when 50-day EMA crosses on top over 200 EMA and is a very bullish buy signal. Over 1.85 next stop 2.33

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Rewalk Robotics Ltd (NASDAQ: RWLK) finally broke the upper line of the downtrend channel and started the new uptrend which should take it to $5 in the short-term. On the technical side, MACD and ADX all point to upward trend while RSI is also rising.

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Amarin Corporation plc (NASDAQ: AMRN) Closed yesterday above the downtrend line and looks like it will continue to run up. Buyable on pullbacks to pivot.

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Qutoutiao Inc (NASDAQ: QTT) looks like it is getting ready to move. It has a good support around 4.6-4.7 which can be used as a stop loss for a short-term long position. On the upper side, the move is likely to accelerate above $5.40. Long setup on watch.

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Citigroup Inc (NYSE: C) watch the break of $64 for a run to $66.09

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: AMRN, BYND, C, NVUS, QTT, RWLK, WKHS

10:21 | Permalink |

12 Trade Ideas For The Coming Week

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The strong move in Outlook Therapeutics Inc (NASDAQ: OTLK) shares was something that I mentioned on blog and several times on twitter even at a time when everyone had lost hope. A huge congratulations to all those who profited from my alert. It ended the session on Friday at $.2.10, gaining more than 75% for the week. I took profits and will keep it on my watchlist for a possible re-entry.

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Globus Maritime Ltd (NASDAQ: GLBS) jumped 8.91% Friday finishing the session near the highs of the day on high volume, suggesting buyers are stepping in. Key daily indicators on daily charts suggest continuation of positive bias and the stock price is likely to show further up side. If the stock breaks Friday's high, the momentum could move stock to the $4.3 area. NOTE: Firment Shipping Inc Reported 35.6% Stake In Globus Maritime Ltd. THAT'S A HUGE STAKE. Can GLBS repeat 200% rally in 3 days? Volume was strong let’s see if this rally has legs for another huge move.

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vTv Therapeutics Inc (NASDAQ: VTVT) has a chart set to breakout. The real fireworks should begin on the break of $1.67. Keep on watch list. Increased my position on Friday.

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I think Immunic Inc (NASDAQ: IMUX) has bottomed and is looking to make a move back over its EMA50 at $13.35 very soon. A nice bid was present at the end of the session and Friday’s momentum should carry through into next week. The recent positive news leads me to believe that at some point soon this stock will take off again. Still long, u know im a patient investor. NOTE: BioEquity Europe 2019 - Daniel Vitt, Ph.D., Chief Executive Officer and President of Immunic, will present a company overview at 5:15 pm CEST on May 20 at the 20th Annual BioEquity Europe conference, being held at the Crowne Plaza Barcelona Fira Center Hotel in Barcelona, Spain.

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Plug Power Inc (NASDAQ: PLUG) potential breakout trade above 2.6 resistance area.

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Sesen Bio Inc (NASDAQ: SESN) has seen steady accumulation and a nice price increase the last few trading sessions. Add this stock also to your watchlist.

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Still watching shares of Beyond Meat Inc (NASDAQ: BYND) due to the recent price action, volume, and momentum. As long as the stock holds above major support at 85.45 (previous resistance) the short-term uptrend is likely to resume.

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Keep a close eye on Amarin Corporation plc (NASDAQ: AMRN) next week. If it can break out above $18.28 on volume, I think the stock could shoot up to test $20 area. The daily MACD indicator is showing signs of reversal and the high volume is usually an indicative of demand in the background. There looks to be good upside potential, so watch it very closely.

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A large ascending triangle has been forming on the daily chart of VirnetX Holding Corporation (NYSEAMERICAN: VHC) over the past two months. The trend is clearly higher, but the daily MACD is displaying a bearish divergence to price and volume is dropping off. The current pattern has the potential for a large move (ascending triangle is usually considered as a bullish pattern). Let it play out either to the upside or downside, and look for an increase in volume for confirmation. On the other hand, news could also define next trend direction.

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I keep watching Ford Motor Company (NYSE: F) waiting for this stock to break out of its Bullish consolidation. Go long on a close above 10.5

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Jaguar Health Inc (NASDAQ: JAGX) This penny stock had a strong day on Friday and broke through its downtrend line on volume expansion. Watch for trend continuation toward 0.238 zone short-term.

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Arlo Technologies Inc (NYSE: ARLO) is currently testing its declining EMA50 around the 4.36 level. An upside breakout above this level could be the start of a new uptrend for this stock. Im accumulating at current levels.

Note: I will take few days off from May 23th to 26th and back to office on May 27th (Monday)

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: AMRN, ARLO, BYND, F, GLBS, IMUX, JAGX, OTLK, PLUG, SESN, VHC, VTVT

18:02 | Permalink |

My stock watchlist for the week of October 01, 2018

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BlackBerry Ltd (NYSE: BB) brokeout from a descending channel yesterday with large volume after reported earnings above Wall Street consensus. Looking at the daily technical chart above the stock shows very strong bullish sign. First of all, the stock is trading now above both 50-day and 200-day exponential moving averages. Then the MACD indicator is rising above zero line also indicating a buy. In addition, the ADX turned up as a result of Friday's strength, with bullish price movement in control and RSI is also moving up. I'll be watching the stock again on Monday for a follow through. Resistance is $12, which was yesterday’s high. This is my long term invesment. John Chen is doing a great job turning around this company. When it comes to Blackberry, the recent history tell us to ignore the analysts, because they have been always wrong since the 6's. I have a lot of respect for analysts, but in this particular case i dont agree with them. Honestly, i think Blackberry is going to be a great stock for patient investors.

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Amarin Corporation plc (NASDAQ: AMRN) had big buyers in it all day on Friday and looks ready to make another move next week. This company has been a subject of takeover rumors the past few days, which has driven the stock straight up. I am keeping AMRN on the list for the next few days.

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New Age Beverages Corp (NASDAQ: NBEV) is flagging nicely on hourly chart. Watch Monday's action for a possible breakout over $5.72

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CorMedix Inc. (NYSEAMERICAN: CRMD) broke out to new highs. Friday's heavy volume was what you want to see when a stock breaks resistance. Investors with medium-term horizon can hold the stock with stop-loss at $.66 (red trendline) and long-term investors can hold with deeper stop at $.55 Immediate resistances 1.15 then 1.46

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Vanda Pharmaceuticals Inc. (NASDAQ: VNDA) is consolidating in a narrow band between $22 and $23.50. The outlook for the stock is positive. The initial target on a breakout is $25. Hold it with a stop at $19.95

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Oragenics Inc (NYSEAMERICAN: OGEN) had another very productive week as we saw gains of over 58% and I believe it has more room to run. The short-term outlook remains positive for the stock. The stock finds an immediate resistance at 1.30 and support at 92c followed by 80c.

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Auris Medical Holding AG (NASDAQ: EARS) had a strong day as the stock closed up 6 cents or 19% on heavy volume. Friday’s high of $.38 is now resistance for the continuation move that should occur very soon. Technical indicators are looking bullish.

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As I mentioned yesterday on Twitter, Arca Biopharma Inc (NASDAQ: ABIO) displayed that it could move when volume enters and over the past four consecutive trading sessions shares have witnessed higher lows which is commonly considered to be a bullish signal. With small bio caps going nuts, one by one, combined with technical indications of an uptick, consider ABIO as a trade idea with big potential. The key to making money in this market is getting in before the crowd.

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In order to stage a bullish trend reversal, Overstock (NASDAQ: OSTK) needs to break and close above the 28.80. Short-term daily technical indicators are improving and the MACD on the chart recently produced a new buy signal. If the stock can break Friday’s high of $28.8, we should see a strong follow through move. OSTK will move very quickly, so keep a very close eye on the stock.

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Blue Apron Holdings Inc (NYSE: APRN) was over $4 in July and looks primed for a reversal at some point. The stock has a 50-day EMA of $2.14 and a 200-day EMA of $3.07. Those two averages show the depth of APRN's drop and the potential the stock has if it decides to rebound. Technical indicators are showing positive divergences. Im betting on a reversal and a possible rise over $2 in the coming days.

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: ABIO, AMRN, APRN, BB, CRMD, EARS, NBEV, OGEN, OSTK, VNDA

18:33 | Permalink |

My Watchlist for Tuesday, September 27

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Casella Waste Systems Inc. (NASDAQ:CWST) broke out of an important consolidation area with a long white candlestick. Stock still has more fuel in its tank for a move higher.

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TrueCar Inc (NASDAQ:TRUE) has been in a small bullish consolidation pattern over the last 3 sessions slightly below the 50-day EMA. A break of the $9.12 level could result in an acceleration to the upside with next target seen at 9.93

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Keep a close eye on Sportsman's Warehouse Holdings Inc (NASDAQ:SPWH) tomorrow. The stock looks right on the verge of a breakout. The key resistance is located at 10.48, a break and close above this level will confirm the new bullish trend and the following uptrend will take price up to $11.30 zone.

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WidePoint Corporation (NYSEMKT:WYY) is one stock for the bottom pickers. There are early signs in the indicators, that a larger move may be coming. The MACD indicator is showing signs of reversal and the high volume here (at bottoms) is usually an indicative of demand in the background. If the potential buy signal confirms itself, I will be looking for a move to the resistance area at 48c-52c at the very least. The stock could have good upside potential, so watch the stock closely this week.

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IntelliPharmaCeutics Intl Inc (NASDAQ:IPCI) Monday's action suggested that there is more room for the uptrend to grow on stock. A sustained break of $2.34 on volume should bring the stock price to a test of the Feb highs in the $3 area.

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Amarin Corporation plc (ADR) (NASDAQ:AMRN) displayed some impressive relative strength today with a 6% gain. On the technical side, MACD and CMF all point to upward trend while RSI is also rising. The stock broke and closed above resistance at $3 and should continue to move. Next major resistance lies around the 3.45 area.

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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: AMRN, CWST, IPCI, SPWH, TRUE, WYY

22:32 | Permalink |

Stocks to keep an eye on August 12, 2015

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Amarin Corporation plc (ADR) (NASDAQ:AMRN) CEO has acquired 20000 shares yesterday at 2.35, a good sign for the stock. The daily technical chart above shows the stock is on a bull market as the stock is trading above both 50-day and 200-day exp moving average and 50-day EMA is on top of 200-day EMA heading upwards. In addition, the MACD has crossed above the signal line and KD line also show buy signal as %K line crossed on top of %D line. Keep this stock in your radar for a possible breakout above $2.60. Technically Bullish.

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RadiSys Corporation (NASDAQ:RSYS) Volume is starting to increase an indication of a possible bullish break out. The daily technical chart is showing strength as both 50-day and 200-day EMAs are still going upward. Keep an eye for a possible breakout over $3.

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St. Joe Co (NYSE:JOE) Strong bullish candle Tuesday on decent volume, today we need to watch for a follow-through day.

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Vringo, Inc. (NASDAQ:VRNG) closed with a hammer reversal signal at support (50EMA). If it can move back over its 100-day EMA the stock should see some good upside. Im accumulating this stock. This news is very good "China's ZTE refuses to bring exec to U.S., cites arrest fears".

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Twitter Inc (NYSE:TWTR) Reversal Trend (short-term). Momentum is coming back to this name. On radar. I like over $30 for a trade.

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: AMRN, JOE, RSYS, TWTR, VRNG

08:13 | Permalink |

Stocks to keep an eye on March 16, 2015

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Whiting Petroleum Corp (NYSE:WLL) The stock surged on Friday more than 4% to $40 per share after Bloomberg reported that the company has attracted interest from Exxon Mobil Corp. and Continental Resources Inc. as it explores a sale of the entire company. From the technical chart we can see that currently the stock is in a large trading range between 40.23 and 32.50. I classify the $40 as key resistance area since it has caused significant turning points in the price and held on the last three tests. MACD and RSI both signal positive strength. Watch the stock closely on Monday.

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King Digital Entertainment PLC (NYSE:KING) is starting to regain its form. On Friday, I wrote on twitter "KING Continuing to hold above major EMAs, watch for more upside" and the stock made a nice reversal candlestick pattern. The stock has been basing for a while above its 200EMA and technically is due for a break out. We can see a strong support and buyers coming in around 14.50/60 area. At present levels the stock is undervalued. A sustained break of $15 should bring the stock to a test of the recent highs. There seems to be a lot of room to run higher here.

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Vringo, Inc. (NASDAQ:VRNG) The daily charts look like an inverted head and shoulders bottom, with a neckline currently located at 90c. The stock is trading above all short-term EMAs, while ADX continues to show a positive trend. The current momentum is to the upside.

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Amarin Corporation plc (NASDAQ:AMRN) Technical daily chart is in PARABOLIC mode combined with extreme overbought conditions. At this stage I will wait for a potential pullback to initiate a new position.

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Pacific Ethanol Inc (NASDAQ:PEIX) pulled back strongly last week but looks to have found a bottom around its 50EMA. The stock closed up 24 cents on Friday on decent volume. Let's keep an eye on it as i think momentum will pick up. First upside target $11. MACD continues to show a positive divergence.

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Pandora Media Inc (NYSE:P) finally broke out of the bottom base formation accompanied by strong volume amid rumors of a potential takeover bid. Friday’s high was $17.07, which is resistance for the follow through move on Monday. If the stock does break resistance, expect to see another strong upside move.

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) has been resilient in the recent carnage in the markets. The stock is in strong hands and a close greater than $14 will trigger more upsides. The 11.87 (20EMA) level is the stop loss from a short term perspective and stock can be accumulated in declines. Upsides resistance zones are 13.45, 14 and 14.27

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: AMRN, KING, P, PEIX, VRNG, WLL, ZIOP

15:53 | Permalink |

Stocks to keep an eye on March 9, 2015

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Pacific Ethanol Inc (NASDAQ:PEIX) stock had a great week with a minor drop on Friday. It closed at $11.33 and has a 52-week high of $23.97. I used this pullback to add several positions. The resistance at $12.16 in my opinion is the key to unlocking this technical chart and getting the party started. With a break above this zone, you can see just how thin the technical chart becomes. The next key resistance is not until up at $15.57. Indicators are also strong indicating further upside for the stock. MACD is already above the zero-line and still has plenty of room to move before it retests the highs it put in, back in September. Along with this, just check out the uptrend of the MACD since late January. The RSI is in the power zone and A/D is clearly showing money moving into the stock as more investors start noticing this stock. PEIX could be on the verge of making a stronger move upwards and early entrants, could take advantage of this potential opportunity. Im long.

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On the hourly time frame, we can see that the stock is making lower highs and lower lows (bearish sign) since February 20 after reaching a high of 70.48. Additionally, it broke the second bear flag that has been formed in this downtrend. Key indicators suggest continuation of negative bias for the stock.

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Regado Biosciences Inc (NASDAQ:RGDO) closed very strong on Friday, above the January highs. The stock traded 3x normal daily volume, as buyers came rushing in. I like this Bio name and will watch it again on Monday. Resistance is $1.61, which was Friday’s high of the day. Technical daily chart shows bullish sign with RSI in the power zone and MACD on top of signal line. A decisive close above the 1.61 level on heavy volume, and, we could be looking at RGDO testing its next resistance level around the 200-day EMA at 2.18.

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Marvell Technology Group Ltd. (NASDAQ:MRVL) held up very well in a weak market on Friday, which is a good reason to keep a close eye on the stock. The way the it is trading, leads me to believe the price is going to make a big move up. In addition, the volume has been slowly picking up the last few trading sessions, which is another sign of a buyer in the stock. Keep an eye for a possible breakout over 16.78

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Amarin Corporation plc (NASDAQ:AMRN) had a very bullish move last week breaking several resistance lines with large volume and we should see a continuation move next week. The MACD chart is still showing an uptrend with the MACD indicator above its signal line and is indicating further strength. The RSI value is currently above 80% level but the past behavior shows that RSI can easily move to 90. The short-term trend is bullish and a move to the 1.9-2.05 range appears likely. AMRN has definitely changed the trend.

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Crossroads Systems Inc (NASDAQ:CRDS) declined to a support zone and upside volume is starting to pick up, watch resistance at $3.05. Fresh exposures may be considered on close above this level, with a stop-loss at $2.53

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) This technical chart looks pretty bullish. The stock has been under strong accumulation since the beginning of October and is now working the overbought area. There is a need for profit taking for some consolidation from these high levels. The short-term outlook remains positive as long as the stock stays above the 9 & 13 EMAs.

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: AMRN, CRDS, CYBR, MRVL, PEIX, RGDO, ZIOP

16:51 | Permalink |

AC Investor Blog

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

Thursday, May 30, 2019

Stocks to keep an eye on May 30, 2019

Saturday, May 18, 2019

12 Trade Ideas For The Coming Week

Saturday, September 29, 2018

My stock watchlist for the week of October 01, 2018

Monday, September 26, 2016

My Watchlist for Tuesday, September 27

Wednesday, August 12, 2015

Stocks to keep an eye on August 12, 2015

Saturday, March 14, 2015

Stocks to keep an eye on March 16, 2015

Sunday, March 08, 2015

Stocks to keep an eye on March 9, 2015

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