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Saturday, April 13, 2019 

Interesting chart setups to watch next week

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Bio-Path Holdings Inc (NASDAQ: BPTH) should be on your radar screen Monday following news the company submitted a request for withdrawal of registration statement. Closed in after hours at $22.09. From a technical standpoint, the stock has been forming a nice base above the rising EMA50 marked at yellow. If this pattern is resolved on the upside, the stock can potentially test $25 levels. The short-term support is seen at $14.76 levels.

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Sphere 3D Corp (NASDAQ: ANY) Low float stocks continue to get lots of attention and im trying to play all the best setups, keeping my focus on these small names, because the returns could be tremendous in this enviroment but always using tight stops. I've seen low float stocks run on nothing, no news, no material events so I would not be surprised to see also ANY get a nice push based on this great bottom pattern. The stock looks ready to break out some point soon, and with the low float it won't take much buying pressure to get this stock back to where it belongs. After trading below its EMA50 ANY has broken out of that moving average placed on its daily candlestick charts in yesterday’s trade on volume. Im accumulating with a stop loss being placed below 2.4 and going forward we can expect a target of 3.4-4.

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Midatech Pharma (NASDAQ: MTP) has retraced most of its recent gains and looks ready to renew its bullish momentum. MTP is currently forming a falling wedge pattern, indicated by the two unparallel black lines in the chart above, while MACD Hist is displaying a positive divergence. That said, the stock should attempt to knock out the upper trendline of the falling wedge pattern and rally towards $3.5 as its primary upside target.

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New Age Beverages Corp (NASDAQ: NBEV) has been pulling back forming a potential bull flag formation on hourly and finding support in the 5.5 levels. Pullbacks are a normal part of an uptrend after a huge rally. This suggests that stock should resume to the upside as far as dips stay above 5.30. Lets see how this plays out next week.

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Atossa Genetics Inc (NASDAQ: ATOS) could get hot in the coming days and weeks. The continue to trade sideways, but I am seeing a lot of strong bullish signals, such as the Golden cross and the huge accumulation on the A/D indicator. Add this stock to your watchlist.

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Parsley Energy Inc (NYSE: PE) broke out of a consolidation that has been building for about 3 months on volume, and based on one market theory the stock is set to soar higher. Next major resistance lies at 21.37

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Second Sight Medical Products Inc (NASDAQ: EYES) after a nice pullback on Thursday the stock is back on the upswing. There could be more big gains on the way for this stock, and its worthy of getting recognizition on the watchlist. Next pivot resistance point is 1.2

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Navios Maritime Holdings Inc. (NYSE: NM) has come out of no where the last few sessions gaining nearly 80% in just two weeks. Volume and price is on the rise and that means you should be adding this name to your watchlist. As I always say, follow the smart money. I will be waiting for a pullback to enter.

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Boxlight Corp (NASDAQ: BOXL) closed up 17 cents and could see an even bigger move if the buyers continue to come into this stock. BOXL has a low float, a great story, and in my view, should be trading well over $4 in the short term. On watch.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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

Thanks for visiting AC Investor Blog.

AC

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Saturday, November 24, 2018 

Several great chart setups to watch next week for Big, Mid and Small Caps

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I hope everyone is enjoying their long weekend.

Get ready for a potential money-maker. SOLO is the first symbol I want you to look at because it could be very explosive.

The iPhone of cars? This statement seems to be exaggerated but only the time will tell, however i took a long position on Friday after read the chart and this interesting article from Benzinga. SOLO is trading at a base on low volume, which is a nice setup for a fast move back to where is was only a few trading sessions ago. Hence, if buying presure enters the stock as I suspect, share prices could rise siginificantly. Looking at the chart, we can see that this stock is a former runner with a history of making big moves, and indicators are now starting to turn up again showing upward momentum. A convincing move above $1.5 can lead to a breach of the blue line (EMA20) around 1.99

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Sphere 3D Corp (NASDAQ: ANY) Technicals look suprisingly optimistic. The stock traded nicely last week with limited resistance allowing an increase to higher levels, and that is a good sign if you are looking for an opportunity to play the trend of an upward moving stock. The trading volume also remains high, which is always positive to see. Daily technical indicators are looking bullish. MACD is rising above its signal line, while RSI still in positive territory. Levels to watch next week. Resistance lies at 7.18 and support at 4.25

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DavidsTea Inc (NASDAQ: DTEA) is time to consider loading up now. Watch for the break of is descending trend line, and go long when it breaks on volume.

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Overstock (NASDAQ: OSTK) gapped up Friday on positive news from the company and finished the session up nearly 24% on the heaviest volume since August. Watch next week for a break above the declining EMA50 located at 22.64, but don't be surprised if you see a break above the $24 level and a move towards the highs of October due to the heavy short interest.

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CorMedix Inc. (NYSEAMERICAN: CRMD) jumped 15 cents, or 12.6 Friday on solid volume. The strength of current momentum could extend next week and push the stock above the previous high set earlier this month at $1.54. If this breakout occurs we could see CRMD in the $1.60-$1.80 area in the next couple of trading days.

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Sesen Bio Inc (NASDAQ: SESN) had a nice surge a few weeks ago and has been in a correction mode. The stock is displaying upside momentum and is poised to move higher from these levels. Nearest resistance for the stock is at $1.9. If this level is crossed and the stock is able to sustain above this level, then it might go to $1.90. Short-term technical indicators are improving and MACD is about to trigger a buy signal while RSI is rising. Keep an eye on SESN next week.

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Vaxart Inc (NASDAQ: VXRT) is recovering quickly from its recent bottom with MACD moving upwards. It looks like it wants to breakout of this small range, but has not been able to gain the needed momentum. You should keep this stock on your screen radar.

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Matinas BioPharma Holdings Inc (NYSEAMERICAN: MTNB) has a very interesting daily chart and could have a bigger move soon. The break of the next key resistance line with heavy volume should be the next buy point . If it clears resistance at 80c, the move may be powerful. Despite recent decline, the daily RSI remains in the neutral zone and the golden cross has also appeared in the daily chart and may support the bullish argument here. Still on watch.

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Apple Inc. (NASDAQ: AAPL) has corrected 11% in just 4 trading sessions last week breaking all major supports and now 170 and 168 are next major supports. There is also in this area a gap to fill, however and based on the history of the stock, every time it reaches very oversold levels the bounce is strong and fast and could happen very soon.

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Nio Inc (NYSE: NIO) is displaying an inverted Head and Shoulders formation, which many traders consider a bullish reversal pattern. We need to breakthrough the neckline located at 8.3, before this pattern is complete. This could be a big clue as to where direction heads next. I would not be surprised to see the neckline to be broken soon. There are several technical indications suggesting that the stock could make a move to higher levels. Still on watch.

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Watch this downtrend line and play accordingly. Momentum indicators suggest continuation of positive bias for the stock. Lets keep an eye on it.

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Iclick Interactive Asia Group Ltd (NASDAQ: ICLK) may be ready to break out of this potential bullish flag consolidation. Only a close above 3.95 would suggest further upside. Accumulation line is pointing up, which means it is under accumulation. The MACD is also moving higher. ICLK will move quickly, so keep it on your screen.

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Real Goods Solar, Inc. (NASDAQ: RGSE) nice breakout last week. Congrats to those who jumped into the game early around the 44c level when i alerted (unfortunately i sold too early at 55c) At this point, watch for trend continuation toward 70c zone short-term. The breakout of the small bullish pennant formation that the stock has been was a very positive sign, and I expect continuation of the trend 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

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Saturday, October 06, 2018 

Small caps to watch next week and 19 trading rules

Dearest Readers/followers :) 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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

Thanks for visiting AC Investor Blog.

AC

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Wednesday, May 18, 2016 

Stocks to Watch for May 19, 2016

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ChemoCentryx Inc (NASDAQ:CCXI) is another stock I am watching closely. If it clears resistance at $4.86, the move may be powerful. Despite recent decline, the daily RSI remains above 70 levels and may support the bullish argument.

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Galena Biopharma Inc (NASDAQ:GALE) had a very productive day as we saw gains of nearly 13% on volume above average and I believe it has more room to run. We saw unusual bullish options activity again (Jan $2.5). A breakout over $1.61 with strong volume would send this flying.

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American Eagle Outfitters (NYSE:AEO) is trading higher after hours, as the company released strong earnings. For tomorrow, the levels to watch on upside will be at 14.83 and 15.22.

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LendingClub Corp (NYSE:LC) was added to my watchlist as a possible bottom bounce-play. Nearest resistance for the stock is at $4.20. If this level is crossed and the stock is able to sustain above this level, then it might go to 4.7-4.9. Let's keep an eye on it as i think momentum will pick up. Stop 3.42

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Arca Biopharma Inc (NASDAQ:ABIO) Looking at the daily chart above, the stock has just started moving higher and established a short term up-trend just below its 9-day EMA. This could be the start of a nice rebound. ABIO is trading significantly below cash levels.On watch.

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I have Eleven Biotherapeutics Inc (NASDAQ:EBIO) on my watchlist. It may be ready to break out of this large symmetrical triangle formation. Potential swing long above 1.28

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Shares of Sphere 3D Corp.(NASDAQ:ANY) are starting to heat up again and are worth watching. Although the stock did not perform well in March and April, I start to see some signals of rebound. The trend indicator MACD has triggered a new buy signal today and also the RSI is on the positive side again. On watch.

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

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Wednesday, March 02, 2016 

Stocks to Watch for March 03, 2016

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bluebird bio Inc (NASDAQ:BLUE) showed buying strength all day and has finally closed above its 50-day exponential moving average for the first time since November 2015. The stock is on the verge of breaking out and it could happen very soon. The volume dramatically increased as the stock ran to near the recent highs, showing me there are buyers watching the stock. From a technical perspective, momentum indicators are slightly bullish now with RSI inching away above the middle level and MACD above the zero line. Tomorrow we could see extension of this new momentum towards $56 area.

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Clovis Oncology Inc (NASDAQ:CLVS) After being trading in a bearish tone since December the stock appears to making a comeback in favor of the bulls. Clovis Oncology Inc (NASDAQ:CLVS) caught my attention today. The signal to buy was given when the previous day high was taken out. This breakout suggests a possible move to $26. The stock showed a lot of strength and I expect to see another round of buying. On the technical side, the chart looks very good here. CLVS call options were also very active today.

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Chimerix Inc (NASDAQ:CMRX) There are some signs of a possible bounce here due to the oversold indicators and positive divergences, which often leads to short covering. Let’s see whether the stock can gather enough momentum tomorrow to break through $5.24. If the Bulls are able to push through this level, there will be a new rally towards $5.70. Note: Insiders bought nearly US$100,000 worth of CMRX shares this week.

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Apple Inc. (NASDAQ:AAPL) has already recouped its recent losses and looks poised to break resistance at $101. The near-term outlook stays cautious till the stock closes conclusively above this level. So far the daily technical chart is still showing buy signal with stock trading above 20 and 50 day exp moving averages with MACD on top of signal line and %K line on top of %D line. Short-term traders can hold their longs with a stop at $97.18

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Celldex Therapeutics, Inc. (NASDAQ:CLDX) finished the session today with a gain of 81 cents, or 10.8%, on higher-than-average volume, closing near the session high. This is an indication that current momentum could continue in the next few trading days toward the 8.50-9 area. Watch CLDX trade tomorrow since it has indicators suggesting that share prices could be continue on an upwards path, especially in the near-term.

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United States Steel Corporation (NYSE:X) rocketed out the gates like a bullet with over 23%. What a great day X presented us with. Congrats to all my followers who traded my alert.

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Inline with my anticipation, Intrexon Corp (NYSE:XON) gained today accompanied with average volumes. The stock confirmed today the reversal when it broke up above the $35.25 level. The stock looks strong enough to move forward.

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Sphere 3D Corp. (NASDAQ:ANY) failed today but my bias remains bullish. Notice accumulation volume has been ramping up lately. On watch.

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

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Monday, February 29, 2016 

Stocks to Watch for March 01, 2016

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BlackBerry Ltd (NASDAQ:BBRY) made a great move today closing above the 100-day exp moving average for the first time in seven weeks and was with an increase in volume, which shows us there are buyers in the stock. It has a lot of potential to be a big percentage mover. On the technical side, MACD and ADX all point to upward trend while RSI is also rising. Watch the stock closely on Tuesday, and once it breaks through $7.93, get ready to enter the trade.

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Sphere 3D Corp. (NASDAQ:ANY) displayed some impressive relative strength today with a 13.58% gain on volume above average. I think we will see some nice follow through tomorrow. The next major resistance area is around $1.89 (100EMA). Could be a high flyer on breakout.

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Build-A-Bear Workshop, Inc (NYSE:BBW) broke through a key resistance level today accompanied with decent volume, but did not have much momentum behind the move, so keep an eye on it to see if tomorrow will confirm the intraday breakout.

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Vringo, Inc. (NASDAQ:VRNG) made a nice upside reversal today in a weak market. It may be ready to break out of this potential bullish flag consolidation. Only a close above 2.78 would suggest further upside. Accumulation line is pointing up, which means it is under accumulation. The MACD is also moving higher. VRNG will move quickly, so keep it on your screen.

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Tableau Software Inc (NYSE:DATA) Will Continue to watch this stock. Potential breakout play. Watching over 46.32 with resistance at 50.20.

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GoPro Inc (NASDAQ:GPRO) Watch this trend line and play accordingly. Momentum indicators suggest continuation of positive bias for the stock. Lets keep an eye on it.


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

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  • I'm a 44 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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