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Saturday, May 09, 2015 

Stocks to keep an eye on May 11, 2015

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AOL, Inc. (NYSE:AOL) Stock looks to have bottomed technically and is starting to trend higher again. The MACD has just flashed a new buy signal, while RSI is also gaining strength. The 9-day EMA has crossed above the 50-day EMA. The 20-day EMA is likely to do so soon and technically confirm a return to a bullish phase. With a combination of good earnings and a breakout with high volume, we should see a continuation of the rally for a couple of days. I loaded up some shares yesterday. Based on the earnings report this stock looks pretty cheap now. Next week we will see more upgrades coming.

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Rambus Inc. (NASDAQ:RMBS) is flagging bullishly in the 14 area. A break of the bull flag consolidation could move the stock back up to highs from April in the 14.50 area. Technical indicators are looking bullish, but correcting overbought conditions.

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Synopsys, Inc. (NASDAQ:SNPS) Potential long setup if the price takes out 48.11 with volume for day/swing trade. Rising prices w/ rising volumes indicate bullishness. All major EMAs are moving up and the stock is trading above them.

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Zynga Inc (NASDAQ:ZNGA) With its move Friday, the stock is again butting against a key resistance line that has contained prices on six previous occasions in the last four months. A break above 2.90 on volume would lead to next targets in the 3.15 and then 3.20 area.

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Celladon Corp (NASDAQ:CLDN) still holding this biotech name for a bounce into the $3 area over the next days. The stock seems to be undervalued at current levels with a good balance sheet. The company has nearly $3.55 per share in cash and a small debt. From a technical standpoint, the stock is in a clear downtrend but the signals are mixed. MACD indicator is displaying a bullish divergence and Slow Stochastic is extremely oversold on a daily basis, so I still think the stock has potential at this point for a strong bounce. A Pfizer name in the board of directors gives me some confidence to keep at it. On watch.

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XOMA Corp (NASDAQ:XOMA) is gaining some momentum again. If the stock can break through $3.74 resistance, we should see another strong upside move. Any break of that resistance (100-day EMA) will come as an indication of a short-term bottoming. The next target would be 4 to 4.10 resistance zone. XOMA will move very quickly, so watch the stock closely next week.

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) Looks like there were some nice buys coming in on Thursday and Friday so we might have a possible bounce play here, there is little resistance until $4.50. From the technical daily chart both RSI and Slow Stochastoic are showing positive divergences. Keep an eye on ARNA next wk.

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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

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Tuesday, April 21, 2015 

Stocks to keep an eye on April 22, 2015

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Tuesday's high volume breakout could be the start of a nice squeeze higher for Gogo Inc (NASDAQ:GOGO) shares. Over 37% of float is short (14 days to cover). The stock had a large spread and volume today, successfully breaking several resistances lines. A lot of eyes are on this stock right now, so make sure this is on your radar screens. Patience is a virtue !! Squeeze seems eminent.

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Looking at the daily technical chart of AOL, Inc. (NYSE:AOL), the price is quickly approaching a breakout if the stock can manage to trade above $40.62. A strong volume move above that level, could set the stock up to retest its March highs of $42.42.

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I had Rambus Inc. (NASDAQ:RMBS) on my watchlist a few times this month and today it broke out in impressive fashion on volume expansion. I believe the stock can easily re-visit last year's highs of $14.82/share, if not higher.

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ImmunoCellular Therapeutics Ltd (NYSEMKT:IMUC) back over 50c. The stock displayed relative strength on Tuesday closing again above its 20-day moving average on solid volume. Short-term levels to watch tomorrow 54c and then 61c.

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Enzon Pharmaceuticals Inc (NASDAQ:ENZN) Could be a high flyer on breakout. The 52-week high is $1.83, but based on the current momentum and volume action this level is insignificant. Tomorrow could be CRAZY !!!

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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Sunday, December 21, 2014 

Stocks to Watch for December 22, 2014

Hello traders!

Get ready for what could be a profitable week ahead. I've been scanning some good stocks setups and have located some fast gainers in my opinion.

Below are some charts to review.

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VirnetXHolding Corporation (NYSEMKT:VHC) Could see a huge potential breakout before the end of the Year ! The stock soared 19% on heavy volume on Friday, after the company said it will receive $23 million from Microsoft Corp. Under the terms of the agreement, Microsoft will pay $23 million to VirnetX to settle the dispute and to expand Microsoft's existing license on VirnetX patents. The new licence is great news. From a technical standpoint, the stock shows a promising chart that could be ready for another up-spike next week. The chart shows that $6 looks to be the next resistance level. If the stock breaks through that we could see some major gains by the end of the year. The stock is also trading a discount to its 200 EMA. This sets up the play for action as its undervalued status is another huge catalyst. The stock was on my radar screen on Thursday and I published here the alert. VHC should be on your radars now.

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Diana Shipping Inc. (NYSE:DSX) is currently trading below the $7 mark, a huge discount from the 12-month high of 13.93. The stock failed to continue its bearish momentum last week, closing the session on Friday with a strong bullish engulfing candlestick on HIGH volume. This fact could create a strong move higher at least in nearest term testing 7.80 area. The bias is bullish in nearest term. DSX's chart suggest that increased buy side activity could push share prices to much higher levels. I believe that the bullish accumulation witnessed during Friday's session is a prelude to what traders could see tomorrow.

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Zynga Inc (NASDAQ:ZNGA) closed Friday's trading session with a 10% gain and near the High of Day (HOD), which is a sign of a bullish continuation pattern. The stock broke out of a descending channel and looks to resume the trend higher. Specifically, there are some indicators suggesting it could rise to $3 in the coming week. Technically speaking, the strong Bullish Candlestick formation on Friday confirms that buying pressure came into the stock, since share prices advanced from open to close. In addition, MACD gave a new bullish cross. Stay tuned.

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Yelp Inc (NYSE:YELP) traded nicely on Friday and closed up 4%. The stock opened at $52.49 then moved to a high of $54.80 and closed at $54.59 for close in the green. The stock for now has a potential double bottom pattern and broke out of falling wedge last week. MACD is now rising and momentum indicators are showing signs or early turns. Looking at technical chart above there appears to be little resistance from keeping YELP from moving towards much higher levels next week. YELP is poised to surge upwards IMO. Stop 49

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AOL, Inc. (NYSE:AOL) broke out to new highs Friday on high volume. The short/medium term uptrend is intact and signals further bullishness on this stock. Go long on the break of Friday’s high at 48.21

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Facebook Inc (NASDAQ:FB) Looking at the technical chart above the stock is inching closer and closer to another breakout move. Buying momentum is still positive and strengthening. Breakout watch above 81.16

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) broke above resistance in Friday's trading session after a small period of consolidation. I still like this stock and will be watching it again on Monday, expecting to see a continuation move.

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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Monday, July 14, 2014 

Stocks to Watch for July 15, 2014

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NII Holdings Inc (NASDAQ:NIHD) today broke above the key resistance line of this sideways pattern on a move up 13 cents to 82c. A move above 83c would confirm the breakout with the next target of 1.15 and then 1.30. From a technical standpoint indicators are looking bullish. The MACD indicator is above the signal line and is now rising in positive territory. The Slow stochastic and RSI are well inside their Bullish regions. A stop loss should be placeed at 65c.

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Glu Mobile Inc. (NASDAQ:GLUU) We had a nice continuation move today.

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AOL, Inc. (NYSE:AOL) has become increasingly bullish and is currently consolidating in an attractive pattern. A move past 41.69 would be a strong indicator of a further uptrend in the stock. Stay tuned.

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ParkerVision, Inc. (NASDAQ:PRKR) remains oversold and is gaining momentum. We have all seen how quickly this stock can head higher, when the buyers come. I believe it is ready to post a nice bounce and I do not see any resistance on the technical chart until $1.54. A stop loss should be placed below 1.20

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Companhia Energetica Minas Gerais (NYSE:CIG) Chart looks bullish. Keep an eye for a possible breakout over $8.27

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Advanced Micro Devices, Inc. (NYSE:AMD) is nearing a key resistance level in the 4.65 area. Considering the strong momentum today, I think the stock looks set to break higher on Tuesday. Keep this stock in your radar list.

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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Tuesday, July 01, 2014 

Stocks to Watch for July 02, 2014

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Gilead Sciences, Inc. (NASDAQ:GILD) recorded a new high in today's session. Short-term outlook for the stock is bullish and should be bought in dips using the 50-day EMA as stop-loss.

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Microvision, Inc. (NASDAQ:MVIS) is gaining some momentum again. A move past $2.36 would be a strong indicator of a further upside potential in the stock.

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General Motors Company (NYSE:GM) breakout on decent volume today. The stock continues to show strength as the rise in volume confirms the price uptick. Fresh exposures may be considered on price weakness, with a stop-loss at $36. Going forward the next levels to watch above are seen at 38, 40.12 and 41.14. 

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Keep a watch on Graphic Packaging Holding Company (NYSE:GPK) and enter long on a close over 11.87

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With today's move, AOL, Inc. (NYSE:AOL) shares are back over the 200-day exponential moving average, which is a very bullish signal for traders. Additionally, the A/D indicator shows the strength of conviction behind this Bullish trend. Lets keep an eye on it.

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

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

Thanks for visiting AC Investor Blog.

AC

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Saturday, June 28, 2014 

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

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Wednesday, June 18, 2014 

Stocks to Watch for June 19, 2014

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Alpha Natural Resources, Inc. (NYSE:ANR) has had a nice rebound over the past couple of days and is now consolidating its recent gains. Nearest resistance for the stock is at $3.74. If this level is crossed and the stock is able to sustain above this level, then it might go to $4.12. Among oscillators, the RSI and MACD are currently showing positive momentum.

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Walter Energy, Inc. (NYSE:WLT) displayed relative strength today and broke out above resistance at the $5.22 level on solid volume. The 20-day EMA has been resistance for weeks. Watching if this can go into $6s tomorrow.

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AOL, Inc. (NYSE:AOL) has formed a rounding bottom formation in the daily chart and finally  the stock closed above the 20-day EMA. The recent increase in the volume activity along with positive crossover of RSI suggests fresh buying interest in the stock.

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Petroleo Brasileiro Petrobras SA (NYSE:PBR) showed buying strength all day on Wednesday. The stock is on the verge of breaking out and it could happen very soon. At this stage it is definitely a wait and see if the resistance will be easily taken out by the bulls. 16 break out watch.

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Plug Power Inc (NASDAQ:PLUG) breaks above the 50-day EMA for the first time since late April and should have a continuation move on Thursday. It looks like the stock is starting to turn back up and indicators are giving the first bullish signs.

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I feel Lithium Exploration Group Inc (OTCMKTS:LEXG) is on the verge of a big bounce from these cheap levels. Most importantly this stock is a Lithium Play, so keep it on your radars tomorrow.

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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Thursday, May 01, 2014 

Stocks to Watch for May 02, 2014

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OXiGENE Inc (NASDAQ:OXGN) broke out of a consolidation pattern today. It's time to be Bullish again on stock. MACD and RSI returned to the Bullish area. If shares can break the $3.60 mark then bulls should be able to target a move to $4. Stay tuned on her.

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Alcoa Inc (NYSE:AA) is setting up nicely to break into all time highs. Buy point would be on the day it blows through $13.70 on heavy volume.

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AOL, Inc.(NYSE:AOL) confirmed my previous analyse. The stock crossed above its 50-day EMA with the relative price strength increasing. When a stock raises above its moving averages it means that it has broken its short-term trend. This is a strong bullish signal. From here we can expect a run to the $46 area and from there we could see an explosive upsurge to $50 and better.

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BlackBerry Ltd (NASDAQ:BBRY) broke decisively above its 20 day EMA today and should test the 50-day EMA (currently at $8.23) very soon. Technical daily chart shows bullish sign with %K line on top of %D line and MACD on top of signal line.

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VeriFone Systems Inc (NYSE:PAY) had a strong day and broke through its resistance line of one month correction. The volume confirmed the breakout, as it was greater than average. Look for PAY to test the prior highs of March.

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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Stocks to Watch for May 01, 2014

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VIVUS, Inc. (NASDAQ:VVUS) had a volatile day on Wednesday as the stock opened down and closed strongly higher at 5.20. The volume was 1.9M. From a technical standpoint, the 20-day exponential moving average continues to provide near-term resistance and will be a key level to watch today. The dailly MACD has created several instances of positive divergence with the stock, the lower highs on the stock have not been confirmed by this momentum indicator, which has created higher highs, signaling a strength in the momentum of buying pressure. A strong jump above the 20-day EMA will reinforce positive momentum and take the stock northwards to 5.85 or even to 6.50 in the medium-term.

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) is currently at an inflection point. There is a confluence of resistances around 6.50 levels formed by 200-day EMA and the downtrend line, which would be a tough level for the stock to cross on the upside. A breach of the mentioned confluence level, could trigger a strong bullish rally.

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BlackBerry Ltd (NASDAQ:BBRY) The near-term outlook is positive and a move to $8.15-$8.4 appears likely. The stock price continues to consolidate just under the 20-day EMA, gaining momentum for an upcoming move. Resistance is $7.70. I expect to see a strong upside move if the stock can break through this resistance level. Watch it closely today.

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AOL, Inc. (NYSE:AOL) is a good stock to watch and once it breaks through $43.28 on a close basis, the stock has the potential to run straight up. Although it is still early to confirm, technical indicators are turning up for both the RSI and MACD, confirming the short-term bullish sentiment. Additionally,  there is a lot of calls with a strike of 49$ & $50 (expiration May) that were bought on April. Watch AOL closely on Thursday.

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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  • I'm a 48 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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