AC Investor Blog

Stocks to keep an eye on Wednesday, November 29

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Veritone Inc (NASDAQ:VERI) Strong rally on heavy volume. The stock opened today`s session at $22.79 and intra-day was ranging at 22.35-27.89 ending the session with a strong gain of 23.53%. This could be the start of a nice rebound. The current rally should at least push the stock to 30 per share where the next resistance is.

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Social Reality Inc (NASDAQ:SRAX) continues to perform strongly and appears poised to test the highs.

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I have been following SemiLEDs Corporation (NASDAQ:LEDS) for a few days now and surprisingly the stock showed some strength today. A break of $5.64 with force might give room to $7.50..... the stock is starting to turn back up and daily technical indicators are giving the first bullish signs. Long setup/squeeze canidate.

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Fibrocell Science Inc (NASDAQ:FCSC) broke the downtrend line that it established since October on volume. Today's pullback was a just a backtest IMHO. The stock has the potential to make a big run this week, so keep a close eye on FCSC and don’t miss the trade.

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Abercrombie & Fitch Co. (NYSE:ANF) continues to act strong setting new highs. Daily technical indicators are looking quite overbought but can stay there for long periods of time.

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: ANF, FCSC, LEDS, SRAX, VERI

21:57 | Permalink |

My Watchlist for Friday, May 26

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I'm watching Superconductor Technologies, Inc. (NASDAQ:SCON) for a possible breakout from current consolidation. This one looks like it wants higher to me.

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Skypeople Fruit Juice Inc (NASDAQ:SPU) On my swing long list. The stock has held support at the 2.50 level and is displaying a screaming buy divergence on the upside. Nearest resistance for the stock is at $3. If this level is crossed and the stock is able to sustain above this level, then it might go to $3.62. Low float stock with a high short interest. A Good catalyst for Bulls :)

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China Auto Logistics Inc (NASDAQ:CALI) Another China stock whose pattern is looking quite good here for higher prices. Looks to be setting up for an upside move, as the stock has held up well the past few sessions. Breakout watch above 2.5

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MannKind Corporation (NASDAQ:MNKD) Breaking out to the upside from its recent consolidation. Thursday’s high of $1.48 is resistance for the next upside move. If the stock can break through this level, we should see another strong move. MNKD can be a good trading stock, so keep it on your radar for the next few sessions.

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Abercrombie & Fitch Co. (NYSE:ANF) is on my watch list. The declining EMA200 at 14.14 is pretty much the pivot here. If it breaks and closes above, we could see 15 quickly.

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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: ANF, CALI, MNKD, SCON, SPU

22:17 | Permalink |

Stocks to Watch for July 19, 2016

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Advanced Micro Devices, Inc. (NASDAQ:AMD) has been in an orderly bullish up-channel since mid-April and today, it made a new 52-week high at $5.57. Look for follow-through on Tuesday with increasing volume to confirm today's move.

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GameStop Corp. (NYSE:GME) broke out above its key resistance level today and surged considerably higher amidst impressive buying pressure after CEO Paul Raines told CNBC that sales were up 100% in 462 stores that are gyms in the Pokemon Go app. I expect GME to continue to gain investor interest going forward. Keep it on your watch list tomorrow.

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Bank of America Corp (NYSE:BAC) Nice breakout of resistance on good earnings and volume confirmation. Could be a good buy on a dip near $13.75 if given the chance.

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Abercrombie & Fitch Co. (NYSE:ANF) broke out of a bullish flag/consolidation it has been in for the past week. Go long on the break of Monday’s high at 20.17.

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Glu Mobile Inc. (NASDAQ:GLUU) had a very good rally accompanied with large volume today. GLUU is one stock that seems to be turning around again and some technical indicators are confirming the recent positive movement. Buyable on a pullback to the pivot.

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Zynga Inc (NASDAQ:ZNGA) has consolidated sideways for the past several sessions under resistance near $2.90. If the stock clears resistance the move may be powerful.

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.

Thanks for visiting AC Investor Blog.

AC

Labels: AMD, ANF, BAC, GLUU, GME, ZNGA

22:05 | Permalink |

Long Setups To Watch Next week

Hello Folks. Here are some interesting trading setups to keep an eye on.

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Abercrombie & Fitch Co. (NYSE:ANF) is again a breakout candidate, as resistance around $37 is under pressure. The chart shows a bullish sign. In the short-term, we could see a consolidation scenario before a break out above $37 occurs.

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NiSource Inc. (NYSE:NI) Breakout Imminent. The stock seems to be looking for a reason to push it upward towards 25.79 where next resistance is formed. Very Bullish Chart. NI is setting up for a strong move soon. Check out the volume on daily chart as it approaches the top. One to watch next week for sure. Long over 25.79

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V.F. Corporation (NYSE:VFC) - I remain bullish for now, expecting 148/147 to hold.

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Fortinet, Inc.(NASDAQ:FTNT) is also recovering. Resistance is formed at 24.3 and a potential break should open the door for further gains to 25.51.Worth watching going forward.

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FMC Technologies, Inc. (NYSE:FTI) - Despite the bearish market action on Friday, FTI's stock performed well relative to the whole market. From a technical standpoint, it looks like a bottom formation here. A breakout over $44 with strong volume would send this flying.

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: ANF, FTI, FTNT, NI, VFC

19:52 | Permalink |

Trade Ideas for March 28

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E Commerce China Dangdang Inc (NYSE:DANG) waiting for a break above the 8.55 level for a long position. The stock is up against a lateral resistance level and expected to break out. DANG just turned bullish on charts. The stock closed above its 200-day MA with high volume. MACD is positive and above the signal line. RSI is also moving up and above its 50% level. For Short Term, accumulate the stock below 8 for a target of around 10. DANG has very strong support at 7.33.

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After the breakout shares of Abercrombie & Fitch Co. (NYSE:ANF) have pulled back and is testing the break level. Expecting a bounce from this level and a breakout of the 54 level with a price target for the near term of 60. Stops on close below the breakout level 50.26.

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Zalicus Inc (NASDAQ:ZLCS) - At resistance level, will it break the downtrend line ? Biotech names have been active and some are giving buy signals. Look for a break above the 1.12 level to enter longs for a 1.4 price target in the near term. Short-term technical indicators are supporting the bulls. The MACD is perking up, CMF is moving up and RSI just crossed its 50% level.. I think the stock has room to go higher.

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Juniper Networks, Inc. (NYSE:JNPR) made a strong upside reversal today. The technical chart is displaying a screaming buy divergence on the upside. Expect an initial run up to $22.98 with a break higher moving to the 25 zone.

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Tellabs, Inc. (NASDAQ:TLAB) just reconquered the 20-day moving average, converting this key line back into support for the first time in over a month. MACD fast line just crossed above the slow line, giving the bulls the signal they wanted. In addition, Sto bounced off the edge of oversold about a week ago and is now back on the upswing .TLAB has momentum back on its side ! If we close above 4.08, we can run to 4.4 easily... Stay tuned !!!

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: ANF, DANG, JNPR, ZLCS

23:03 | Permalink |

Top Stocks to watch for Wednesday

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Amazon.com, Inc.(NASDAQ:AMZN) stock successfully broke the resistance of the symmetrical triangle confirming a reversal form the previous downward trend. Target price for the pattern is at 210-212. There are however upcoming resistances at 195.94 the previous high and the 200.51 the 200 day MA. From a technical standpoint I think more buyers could come as most indicators show strong buy signal. MACD shows buy signal as MACD is on top of signal line and RSI is above 50% level. KD also shows buy signal as %K line has just rose on top of %D line. In addition, the stock is on top of 20-day and 50-day moving average showing the stock is in a short-term uptrend. A rally to the short-term resistance at 200 appears likely.

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CIS seems to be a promising stock to follow. I loaded up more Camelot Information Systems Inc (NYSE:CIS) shares today after the break of Friday's highs. Shared this one with you guys on twitter. After today's 9.55% jump to $3.44 per share the technical chart is still showing the same trend as stock is still on top of 20 day and 50 day moving average with MACD on top of signal line. In addition the ADX is confirming the strong uptrend. If we see follow-through tomorrow, it might run hard.

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Abercrombie & Fitch Co.(NYSE:ANF) was one of the few stocks that ended higher on Tuesday. I'm watching the stock on Wednesday for a continuation move. Resistance for this move is $54.1, which reflects Wednesday’s high of the day. If ANF does break resistance, I expect to see the stock move very quickly.

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Arena Pharmaceuticals, Inc.(NASDAQ:ARNA) had a breakout from a small sideways channel. Possible target price at 2, however at the current price level the target is already near. Volume has been great at the breakout, so the support may hold if it is tested. The stock hit a high of $1.97 on the day, which is resistance for Wednesday’s continuation move. If the stock can break through this level, I expect to see a strong upside move.

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Elan Corporation, plc (NYSE:ELN) - Stock is flagging here. If it's breaks $15 again it will absolutely fly into the $16's right away. Technically the stock is in bull market as 50-day moving average is on top of 200-day moving average with MACD and signal line on top of 0. In addition, the ADX is confirming the uptrend.

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: AMZN, ANF, ARNA, CIS, ELN

22:02 | Permalink |

Setups Worth Watching

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Abercrombie & Fitch Co.(NYSE:ANF) - The stock finally broke out today after consolidating in rounding bottom formation over the last four months. The stock is expected to find its first resistance at 55.28, and a rise through could take it to the next resistance level of 56.84. We saw significant option activity on march calls today.

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Exxon Mobil Corporation (NYSE:XOM) is trading in a range between 87.50 and 83 for several weeks. As long as 83 support holds, the price action in the range could be treated as consolidation of the uptrend. On the other side, a breakdown below 83 will indicate that lengthier correction of uptrend is underway, then deeper decline could be seen to 82 area.

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WellPoint, Inc. (NYSE:WLP) - A break above the 68 level would give the stock momentum for a run to test the 70. A pullback to the 66 area would also be a great oportunity to buy on pullback for those who want to trade the swings.

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LSI Corporation (NYSE:LSI) broke out to all time highs accompained by a strong volume suggesting higher levels. The stock hit a high of $9.20 which is now resistance for Thursday’s follow through move.

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Sirius XM Radio Inc (NASDAQ:SIRI) - Looking for a rebound on this dip to support area. Decreasing volume in a pullback, as we are seeing here, signals profit taking instead of fresh selling. In other words, the stock just needs to shake the weak longs before climbing further, thereby staying in an uptrend.

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: ANF, LSI, SIRI, WLP, XOM

21:53 | Permalink |

AC Investor Blog

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

Tuesday, November 28, 2017

Stocks to keep an eye on Wednesday, November 29

Thursday, May 25, 2017

My Watchlist for Friday, May 26

Monday, July 18, 2016

Stocks to Watch for July 19, 2016

Sunday, July 22, 2012

Long Setups To Watch Next week

Tuesday, March 27, 2012

Trade Ideas for March 28

Tuesday, March 20, 2012

Top Stocks to watch for Wednesday

Wednesday, March 14, 2012

Setups Worth Watching

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