--Financial Tools ---Futures Market---ADD HERE LINK-- OPTION ALERTS --BENZINGA--

Monday, June 05, 2017 

My Watchlist for Tuesday, June 06

( click to enlarge )

Envirostar Inc (NYSEMKT:EVI) Worth eyeing. Poised to breakout to new highs. A high volume move through the $25 price level would be buyable.

( click to enlarge )

VirnetX Holding Corporation (NYSEMKT:VHC) Congratulations to everyone who followed VHC. The stock closed up 16.8% on a monstrous 2.98M shares traded. Today's high is resistance for a follow through move on Tuesday.

( click to enlarge )

I'm keeping an eye on Zosano Pharma Corp (NASDAQ:ZSAN) for a breakout above its 200-day EMA located now at 1.60. A break and close above this key resistance line could move the stock towards the $2.10 level. MACD is rising and RSI is in bullish territory, supporting a move higher. Don`t miss the run higher. This is a hot stock to watch IMHO.

( click to enlarge )

Navistar International Corp (NYSE:NAV) broke a key resistance line today on high volume with an up-move of $3.3 to $29.05. Next resistance is now seen at 29.53.

( click to enlarge )

You need to watch Arena Pharmaceuticals, Inc.(NASDAQ:ARNA) stock closely because it could break resistance very soon. Buy point would be on the day it blows through $1.41 on heavy volume.

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: , , , ,

Bookmark and Share

Tuesday, December 13, 2016 

My Watchlist for Wednesday, December 14

( click to enlarge )

Adamis Pharmaceuticals Corp (NASDAQ:ADMP) surged 10% or 30 cents to $3.25 per share on unusual volume. If the stock continues to get attention, it could break the $3.73 level (EMA200) in the coming sessions, which would be a remarkable gain. Keep a close eye on the stock for the follow through move. Could be a high flyer on breakout. Among oscillators, the RSI and MACD are currently showing positive momentum.

( click to enlarge )

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) had a remarkable rally Monday on solid volume. Watch this horizontal resistance line carefully here. A move above $1.47 could spark a nice short-squeeze. From a technical standpoint, the daily chart suggests that the reversal might have legs as MACD is showing a positive divergence.

( click to enlarge )

Paypal Holdings Inc (NASDAQ:PYPL) watch for a possible breakout of current consolidation.

( click to enlarge )

Southern Co (NYSE:SO) showed buying strength all day and has regained the EMA200 for the first time in over 6 weeks. Could accelerate toward 50.5 zone if it breaks the declining EMA100.

( click to enlarge )

Cemtrex Inc (NASDAQ:CETX) Strong rally on volume today. Watch this one tomorrow as it approaches a major resistance area. All technical indicators are looking bullish.

( click to enlarge )

Hertz Global Holdings, Inc (NYSE:HTZ) bounced strongly today off the 22.50 level and there looks to be enough momentum to carry it back above 25.50 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

Labels: , , , , ,

Bookmark and Share

Saturday, November 26, 2016 

My Watchlist for Monday, November 28

( click to enlarge )

Voltari Corp (NASDAQ:VLTC) I have been researching researching the small cap market (low float stocks) for the past couple of days to find a fresh play and finally I have found what I believe to be the perfect opportunity. This stock has a technical set-up that many of my previous winning alerts have had, a small market capitalization and low float. VLTC closed on Friday at 2.70, there was a steady increase in volume towards the end of the week, leading me to believe that this company is starting to attract again some serious attention from investors. As you can see above on the weekly chart, the stock broke the falling wedge pattern to the upside on high volume. For coming sessions, as long as prices hold the support of 2.40 levels (EMA9) could see upside rallies towards 3.70 followed by 4.57 (EMA100) or even higher to 5.50 levels.

( click to enlarge )

The famous activist investor Carl Icahn has a huge stake in the company (52.69% or 4,739,620 shares). It is interesting to see here also names like Goldman sachs and Morgan Stanley. Plus, this stock has a huge short interest with a short ratio of 15.7. I believe that price may continue its rally next week. A continuation of the rally could cause a short-squeeze situation, and im here to see it happens. For these reasons, i started a position last week (I tweeted my entry order).

( click to enlarge )

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) closed at 1.60 on Friday. The next resistance is at 1.64 and 1.66 respectively. The technical daily chart continue to show a bullish bias. The MACD line is pointing up. RSI is also increasing and is now above the 50% level. Additionally, the stock is forming a Possible Inverted H & S pattern. This is generally a bullish pattern, so a rally could happen. Let's see if the stock price next week will confirm it.

( click to enlarge )

Im still holding Tokai Pharmaceuticals Inc (NASDAQ:TKAI) with patience for higher expected levels ahead. We need to keep a close eye on the trend line on chart and resistance area. A break and close above it could take the price towards the next resistance area, which is at the EMA50. MACD is rising and CMF is positive, supporting a move higher. On watch.

( click to enlarge )

Vuzix Corporation (NASDAQ:VUZI) continues to show strength. I think that the continued strong volume on upside moves indicates more than just short covering. Watch the $8.50 level.

( click to enlarge )

ContraVir Pharmaceuticals Inc (NASDAQ:CTRV) seems to have broken the bullish pennant last Friday (mentioned several times). As such, if it confirms the breakout this coming week, a strong move upward over the next month should be seen. This stock should be closely watched next week.

( click to enlarge )

Friday was big day for Skypeople Fruit Juice Inc (NASDAQ:SPU) as it broke the trend line mentioned above. I would really like to see some follow-through next week. If it does not blast out of the gates, a buy on the pull back could provide a profitable trade. 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

Labels: , , , , ,

Bookmark and Share

Saturday, July 09, 2016 

Good looking setups in the biotech space for next week

( click to enlarge )

ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) jumped 3.31% Friday on solid volume crossing the 20-day exponential moving average and breaking key resistance at $34.58. These signs, show high probability for continuation of the current bullish momentum in the next couple of trading days. We could see extension of this new momentum towards the 36 area. Daily technical indicators are supporting the bulls. The MACD is curling up while the RSI is moving up and above its 50% level. Plus, the accumulation/distribution line is also rising on the charts, which represents buying. On watch for continuation.

( click to enlarge )

Relypsa Inc (NASDAQ:RLYP) looks strong on charts. The stock yesterday closed above its 200-day exponential moving average of 19.74 with high volume. Its daily technical indicators are showing positive signal and its price bars are trading above the major EMA's, denoting the current positive tone may turn into a new uptrend soon. The daily MACD continues to trade in the positive zone and the A/D is also turning up which means there is more money flowing into the stock. I remain bullish on RLYP.

( click to enlarge )

Sarepta Therapeutics Inc (NASDAQ:SRPT) displayed relative strength last week and price finally broke through the 200-day EMA on decent volume. The close near its high on Friday also should bode well for the stock in the coming week too. From a technical perspective, the MACD indicator just crossed above signal and the stock is now back above all the major EMAs, giving the bulls the signal they wanted. It has momentum back on its side. I will be watching the stock on Monday, looking for a follow through move. Next major resistance lies around the 24.3/60 area.

( click to enlarge )

Clovis Oncology Inc (NASDAQ:CLVS) price action is coiling up here in anticipation of a breakout w/ directional conviction. I have highlighted a potential ascending triangle pattern, which if confirmed would project a target around $17. Also take note that on the daily time-frame the MACD has been moving up and the RSI is in the bullish zone, indicating bullishness. CLVS will move very quickly, so keep a very close eye on the stock.

( click to enlarge )

Valeant Pharmaceuticals Intl Inc (NYSE:VRX) is starting to heat up and I would not be surprised if it hit $25 at some point next week. This bottom play has started to bounce nicely off its bottom and momentum indicators are giving a clear picture of a short-term upward bias (MACD, Slow stochastics and RSI are all rising). If the stock can break through $24.25, we should see strong volume drive the stock higher. A lot of eyes are on VRX right now so make sure this is on your radar screens.

( click to enlarge )

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) seems to have bottomed and is ready for a decent bounce to 1.80 levels where it faces some resistance. We will have to watch the stock around those levels. If you are long, initial stoploss should be placed at 1.56 (trendline). Let's keep an eye on ARNA as i think momentum will pick up.

( click to enlarge )

The iShares NASDAQ Biotechnology Index (ETF) (NASDAQ:IBB) also closed sharply higher last week, recovering from the weakness caused by the Brexit event that drove the index into its lowest level since February. Although the index is getting stretched, the technical indicators suggest there is more upside and the rally should continue next week targeting the next resistance levels at 285 and 289.

For this weekend, I definitely recommend everyone to try this application while it still free. If you are an individual investor and keep looking for various ways to manage your stocks smartly, it might be a good idea to download the Stockal app to discover and follow stocks. In times when most apps and websites overwhelm you with data, "Stockal" pre-analyses tons of information and gives you very simple indicators for every stock out there. These indicators tell you how a stock is likely to perform; and Stockal creates these by crunching analyst reports, news, social chatter and company revenue figures. So you get a holistic view of any stock. You can also read analyst articles, news, curated Twitter & StockTwits chatter etc - all in one place, without having to visit multiple websites or apps. Cool thing is, here's a platform where you can also link your brokerage account so that you can seamlessly place trades whenever ready. "Stockal" currently works with TD Ameritrade, Fidelity, E*Trade, Robinhood, OptionsHouse, TradeStation and a couple more brokerages. It's all just as secure as your brokerage account. Get the app here: iOS , Android They have a great IT team and management. I will definitely keep an eye on the progress of this project and will let you guys on a weekly basis the new features that they will introduce.

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: , , , , , ,

Bookmark and Share

Saturday, June 04, 2016 

Stock to watch for next week

( click to enlarge )

Lets take a look at Relypsa Inc (NASDAQ:RLYP) activity in the light of the recent successive price increases. Looking at the daily technical chart above, we can see that the stock is positively reacting to the recent events. The good side of this stock technically is that the MACD is still rising above the zero line and the RSI is above its 50% level, so this stock is still bullish for now even if it is still consolidating. As long as the price trades above the $18 level, there is no threat for any sharp fall in the near-term. Immediate resistance is around the 21.30 area. A strong break above this hurdle can take the contract higher to the next targets of 23 and 25.6. Options traders continue to bet on more gains. Hope next week we see breakout.

( click to enlarge )

ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) looking strong. With more than 25% of the float short, the stock should continue to move higher, despite the fact that it has already enjoyed strong gains. Keep an eye for a possible breakout over 36.88. The rumors about an acquisition are circulating again.

( click to enlarge )

Ocean Power Technologies Inc (NASDAQ:OPTT) has been pulling back on low volume after massive one day rally on Wednesday. As you can see from the 30m chart above, in this corrective phase the stock has found a strong support on its rising 50-day EMA on multiple occasions (yellow line), forming a nice base. With MACD showing signs to enter the positive territory (positive divergence) beyond the centreline, a firm break of $4.08 on the upside would take the stock to the next immediate resistance at $5. A lot of people have shorted this stock over the past 2 sessions (A/D chart still showing accumulation) so we could see shorts pushing OPTT higher.

( click to enlarge )

Put FORM Holdings Corp. Common Stock (NASDAQ:FH) on your agenda next week. The rally into the green late Friday afternoon, tells me that buyers are aware of the potential of this stock on positive news that could come at any time. The company has just under 14M shares in the public float and it could have an impact on upward pricing. OPTT rally last week should be considered as a serious warning for shorts. From a technical standpoint, MACD continues to make higher lows (Positive divergence). This is a clear sign that the bulls are slowly starting to gain momentum over the bears. A trend reversal looks imminent.

( click to enlarge )

Can Fite Biopharma Ltd (NYSEMKT:CANF) price had a nice surge a few weeks ago and has been in a correction mode. The stock is now displaying upside momentum and is poised to move higher from these levels. Nearest resistance for the stock is at $3.10. If this level is crossed and the stock is able to sustain above this level, then it might go to $3.59. Keep an eye on CANF next week.

( click to enlarge )

Whiting Petroleum Corp (NYSE:WLL) is another stock I am watching closely. On the chart above, we can see that the stock is currently trading within an ascending triangle formation and needs to break 13.2 on higher volume to really start moving. Despite recent pullback, the daily RSI remains above 60 levels and may support the bullish argument. Additionally, the MACD still show the stock is on the positive swing. On watch.

( click to enlarge )

Shares of Lion Biotechnologies Inc (NASDAQ:LBIO) soared 43.45% or 28 cents to $8.65 per share on heavy trading volume Friday after announcing a new CEO and raising about $100M in a private offering. It broke out of a major resistance area around 8.40's and it will be very bullish if it can continue to rally next week. Friday's high is immediate resistance on the upside for another fast short squeeze.

( click to enlarge )

The stock price of Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) has recovered smartly since the low of 1.48. It is currently in a short-term uptrend and may move up to 2/2.05 on volume trading. Technical indicators are bullish.

( click to enlarge )

Rambus Inc. (NASDAQ:RMBS) stock seems to have broken out of an inverted Head and SHoulder pattern formation last week. Can get interesting. Keep close eye on this one for a major rally to the upside. Stop 11.72



Just to inform: The Stockal app got nominated as Best In Class among Trade Idea Platforms and Apps at the Benzinga Fintech Awards in New York last week. Here's something about their "Trending Stocks" feed: they take 3 parameters into account - analyst opinion (from top Wall St firms), social media buzz and changes in stock sentiment. Unlike most other platforms where Trending Stocks are decided based on what is being discussed most, Stockal helps discover 20 stocks every few minutes on the basis of these 3 parameters together. What this does is that the stocks that emerge have a higher probability of price movements. Many people say they have come across stocks, on Stockal, that they would have otherwise not paid attention to. So give Stockal the app a spin and say if it helped you discover some interesting stocks (that moved). Here's a link to their iOS app and their Android app . By the way, the apps are totally FREE for my readers.

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: , , , , , , , ,

Bookmark and Share

Wednesday, June 01, 2016 

Stocks to Watch for June 02

( click to enlarge )

Minerva Neurosciences Inc (NASDAQ:NERV) is one of the hottest stocks in the market right now. The stock broke out to all time highs again and the volume was strong, signaling that this move should hold. This is generally a hot buy from a technical perspective and the short-covering will continue to power the stock higher. The momentum clearly favors the bulls.

( click to enlarge )

OncoGenex Pharmaceuticals Inc (NASDAQ:OGXI) is displaying upside momentum and is poised to move higher from these levels. Let’s see whether the stock can gather enough momentum to break through 1.07 tomorrow. If the Bulls are able to push through this level, there will be another rally towards 1.30. The uptrend continuation scenario is slightly more likely at the moment. Shareholders may remain invested with a stop-loss at 91c.

( click to enlarge )

Ballard Power Systems Inc. (NASDAQ:BLDP) seems to be a promising stock to follow. Thing to watch out for this stock is its resistance at 1.56, which if broken may give the possibility of it going to as high as 1.68.

( click to enlarge )

I have followed Relypsa Inc (NASDAQ:RLYP) for while and over the last weeks I never seen so many investors purchasing the stock. The volume over the recent days has dramatically increased. There are some days when the normal avg volume is reached in the first two hours of trading, which mean someone is accumulating a huge amount of shares for the coming weeks. The On Balance volume shows exactly this situation. If it breaks above 21.10, we can run to 25 easily. Keep RLYP on your screen for Thursday’s trading session.

( click to enlarge )

Illumina, Inc. (NASDAQ:ILMN) Watch for the break of its 50-day EMA, go long when it breaks.

( click to enlarge )

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) is showing signs of of strength. The momentum indicators are giving a buy and are moving into a positive zone. The short-term outlook would remain bullish as long as the price holds above the stop-loss level of 1.69. The stock could move to the immediate target zone at 1.84-1.93

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: , , , , ,

Bookmark and Share

Saturday, May 28, 2016 

Good Setups to watch for the week ahead

( click to enlarge )

Cara Therapeutics Inc (NASDAQ:CARA) could be starting another rally as there is tremendous support in the stock (short-term EMAs) and some serious buying coming in. The price has been in a bullish flag formation off its sharp rebound rally since the mid-May lows and it is now near the top of the sideways channel in the 6.42 area. A break through that top would lead to a next test of the 7.8/8 resistance zone. Among oscillators, the MACD is in buy mode and RSI is at 56 levels indicating strength in the current uptrend. If it breaks 6.42 the stock will absolutely fly into the 7's right away. Keep it on your watch list going forward. Could be a high flyer on breakout.

( click to enlarge )

Twitter Inc (NYSE:TWTR) The selloff seen earlier this month appears to be coming to an end, with the price closing above the declining 20-day EMA on Friday. As such, I would be looking for a move back to $14.68 as a good buying opportunity. The stock has a gap and the 50-day EMA resistance above. However, as long as the price holds up above $14.67 level (20EMA), we are likely to resolve this short-term range to the upside rather than the downside. The MACD and stochastic point towards a push higher. Watch the stock closely on Tuesday.

( click to enlarge )

Macy's, Inc. (NYSE:M) made a strong move to the upside and closed above the 20-day exp moving average for the first time since April accompanied with high volume. I think we will see some nice follow through on Tuesday. Daily technical indicators show RSI heading up while macd is also rising. Note, prices are also inside the daily EMAs with the 20-day EMA an immediate resistance. The next major resistance area is around the mid $34 range. Plus, M also saw unusual call activity. Keep it on watch.

( click to enlarge )

OHR Pharmaceutical Inc (NASDAQ:OHRP) Consolidating / basing under resistance the 50-day EMA. Insiders are buying a lot of shares at current levels. They must know something positive about the company. From a technical standpoint, the MACD is slowly turning up forming a buy signal. RSI is growing and also giving a buy signal. Watch for a break through the 3.24 price level to indicate that another push higher will occur. Keep it on watch.

( click to enlarge )

Office Depot Inc (NASDAQ:ODP) showing signs of bounce coming MACD cross. 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. 3.56 break out watch.

( click to enlarge )

ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) showed buying strength all day on Friday. We start to see some signals of rebound as the daily technical chart shows positive momentum is back. If stock breaks 7.51 then the stock can head to 7.84 and if this level is breached then the level of 8.36 is visible. I think its worth adding to your watchlist.

( click to enlarge )

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) jumped 13c or 8%, Friday to close at 1.75, slightly below the declining 100-day EMA. A minor resistance is expected here but if that resistance fails, the further gains towards $1.85 will be expected. Technical indicators are looking bullish. The RSI is moving up and above its 50 level. The Slow Sto continues to trade in the positive zone and the MACD is also turning up. Overall my short-term view remains neutral till a decisive break above $1.80 takes place. On watch.



On the Stockal-front, I see that a lot of my readers have downloaded the app and are using it regularly. Do tell how useful you find it and how the founders of Stockal can make it better for you. The app has seen very good traction with nearly 3,000 downloads in the last few weeks and very good traffic on their website as well. Now Stockal has launched a data-driven website too. You can find trending stocks, search for whatever stocks you are interested in and get interesting decision-support signals such as Analyst Confidence Meter, Avg Target Price, Social Media Pulse, Revenue Prediction and Stock Sentiment - all in one place. You can also read tons of reports, latest news articles and social media conversations for many-many stocks. But if you download the app, you can do all this AND you can also create watchlists, chat with your investor friends and share articles/information with them to create investing strategies. So get their iOS app or experience their website with stock insights at Stockal before downloading their iPhone or Android apps.

Have a wonderful long weekend everyone !!

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: , , , , , ,

Bookmark and Share

Wednesday, April 06, 2016 

Biotech Stocks to watch Tomorrow

( click to enlarge )

Is Zynerba Pharmaceuticals Inc (NASDAQ:ZYNE) on your Radar? It Better Be! I suggest you to read this article. The stock is reversing off recent lows and is seeing strong buying volume. I think it could be in the early stages of a rally that will bring the stock back over $14 a share and ultimately $20+. The daily technical chart above shows possible new rally as %K line has crossed on top over %D line while RSI is still in the Bullish zone. ZYNE has an explosive chart in progress. Today's action killed some momentum the stock was seeing but tomorrow it could be an entirely different day. Patience is key. Im long.

( click to enlarge )

Biotech stocks continue to move higher and ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) is getting ready to make another move up. The MACD has reversed again the course and stock finally closed above its 100-day exp moving average, usually this is a Bullish signal. Good long setup if the stock takes out the 200-day EMA on volume.

( click to enlarge )

Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) seems to be a promising stock to follow. As I mentioned last week, TTPH has been developing an interesting pattern accompained by an increase in the volume. Today, the stock confirmed the positive technical view and the breakout occured naturally. I believe the stock will test the $6 level very soon. TTPH is a fast moving stock, so you need to watch it closely on Thursday.

( click to enlarge )

Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD) broke through resistance at $11.50 accompanied with high volume. The stock price hit a high of $11.98, which is now resistance for Thursday’s continuation move. If the stock can break through resistance, we should see another strong upside move. IRWD will move very quickly, so watch the stock closely.

( click to enlarge )

Valeant Pharmaceuticals Intl Inc (NYSE:VRX) continued its upward move today as news hit the wires. This is a stock I covered on my Twitter as a potential double bottom play, noting a big move was possible and it didn't dissapoint. $35 level is a big resistance, so watch it closely.

( click to enlarge )

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) The stock price has been holding in a tight range and looks poised for a break to the upside. Go long over 2.06

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: , , , , ,

Bookmark and Share
Contact

About Me

    Photobucket
  • I'm a 45 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.

  • Benzinga.com supporter

    Iceman Trading Academy Moderator

    Benzinga.com supporter



    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google