AC Investor Blog

Stocks to Watch for December 19, 2019

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Atossa Genetics Inc (NASDAQ:ATOS) had a nice move Thursday on above average volume and I expect to see a continuation move today. With the 100-day EMA sitting close to $1.73 and the 200-day EMA over $1.99, this stock has a lot of room to run on any rally. The technical indicators are reversing up and are advocating for a technical rebound. Long setup on watch.

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The money seems to be flowing into ShiftPixy Inc (NASDAQ:PIXY) again as indicated by the OBV. With no clear resistance between $8 and $12, a break above the $7.99 level (Wednesday's high) can see the stock trade in the $10 area pretty soon. Keep this stock in your watchlist.

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McDermott International, Inc. (NYSE:MDR) broke above the key resistance line of this sideways pattern on a move up 30 cents to $1.08. A move above 1.14 would confirm the breakout with the next target of 1.45 and then 1.57. From a technical standpoint indicators are looking slightly Bullish. The MACD indicator is above the signal line but rising in negative territory. The Slow stochastic and RSI are well inside their Bullish regions. A stop loss should be placed at 87c.

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New Age Beverages Corp (NASDAQ:NBEV) should get some action today after the company's Director HAAS TIMOTHY J reported a big insider purchase of company stock. A break and close above 1.98 could likely lead price to rip up to 2.45

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LMP Automotive Holdings Inc (NASDAQ:LMPX) May have put in a short term bottom. MACD on 30m chart is showing signs of a stabilization. I'm stalking this stock to see if it clears the $24 level again.

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Akers Biosciences Inc (NASDAQ:AKER) Daily Technical indicators are displaying positive divergences and I think we could see a strong reversal over the coming days. The stock price sits right at its 52-week low and has fallen from over $15 a share to the current $3 price. Yesterday's heavy volume could be signaling a temporary bottom.

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The chart of Rite Aid (NYSE:RAD) caught my eye today. On the above technical chart, we can quickly see that the stock is forming a descending channel waiting to be broken. A breakout from the upper trend line of the channel can trigger a sharp upside move towards 9. Long setup 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

Labels: AKER, ATOS, LMPX, MDR, NBEV, PIXY, RAD

11:45 | Permalink |

Nine Stocks To Watch For the Coming Week

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Twitter, Inc. (NYSE: TWTR) has been in a consolidation over the last three weeks in the 38-40.92 range after a big surge in price and volume in late April following the earnings report. The stock jumped 85 cents, or 2.13%, Friday and closed at 40.8, just 12 cents below the key resistance level. If this level is broken on volume next week, this could be the start of new momentum that could move the stock toward the 45 area.

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Pareteum Corp (NASDAQ: TEUM) which had been flagging over the last weeks off its upmove from mid-March, from the 3.62 area to around 3.93, broke out of the large flag last week. The stock is nearing a key resistance level of 4.91, which if broken should lead to a target in the 5.26 to 5.50 range.

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Blackberry (NYSE: BB) also looks great. The $9.42 level is an important resistance that once broken will set off a huge run up in stock, the 1st target would be $10.29 which is the high of March. The MACD daily indicator is turning bullish while the RSI is pointing upwards. The bullish momentum is gaining steam.

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The strong move in Arca Biopharma Inc (NASDAQ: ABIO) shares was something that I tweeted Wednesday before the crowd. If you were following my twitter account you would have gotten the tweet when the stock was trading at 5.25. If you jumped in and booked your profits, congratulations. You're still holding use the 10.25 area as a stop.

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Atossa Genetics Inc (NASDAQ: ATOS) Still watching it. The 100-hourly exponential moving average needs to be broken as resistance for some momentum to pick up.

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ZK International Group Co Ltd (NASDAQ: ZKIN) On watchlist no trigger yet. Long above $1.74. If the stock can break through this level, buy the stock and watch it take off. There is some accumulation on daily chart.

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China Jo-Jo Drugstores Inc (NASDAQ: CJJD) has been hit hard by the sellers over the last trading sessions, but we could see a strong bounce at this support level. Plus, there is a positive divergence on the MACD histogram as it is moving up several in a row but not yet crossing the zero line, warning of high volatility ahead. Watch the break of the 1.28 level for a push.

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Gentex Corporation (NASDAQ: GNTX) broke out of an important consolidation area and will likely have the attention of the swing traders in the next sessions. Breakout watch over 23.55

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I have Lannett Company, Inc. (NYSE: LCI) on my watchlist. It may be ready to break out of its 200-day EMA. Potential swing long above 8.69

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Manpower (NYSE: MAN) flagging in the $95 area. Watch for a move above 97.26 to break the stock out.

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

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

Thanks for visiting AC Investor Blog.

AC

Labels: ABIO, ATOS, BB, CJJD, GNTX, LCI, MAN, TEUM, TWTR

18:46 | Permalink |

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

Labels: ANY, ATOS, BOXL, BPTH, EYES, MTP, NBEV, NM, PE

09:45 | Permalink |

My Watchlist for Wednesday, October 25

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Juno Therapeutics Inc (NASDAQ:JUNO) Price has been consolidating sideways and could be getting ready for an upward move. See if it breaks above the resistance level at $47.03

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Celsion Corporation (NASDAQ:CLSN) Im looking for a bounce here and then a run to the $4 area. Stop 3.28

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Senseonics Holdings Inc (NYSEAMERICAN:SENS) painted a big bullish engulfing candle on the daily time frame, suggesting that buyers are stepping in to defend this key support level. Likely continuation tomorrow.

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Medgenics Inc (NASDAQ:GNMX) displayed some relative strength today. Stock may be ready to break out of this small flag consolidation. Trajectories of momentum indicators are turning up again. Long over 1.91

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Atossa Genetics Inc (NASDAQ:ATOS) hit my scanner today with some impressive volume and closed up 96.7%. I expect some follow through on Wednesday.

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: ATOS, CLSN, GNMX, JUNO, SENS

22:19 | Permalink |

Stocks to Watch for September 12, 2014

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Atossa Genetics Inc (NASDAQ:ATOS) The technical daily chart looks very good. It's a potential breakout play tomorrow. Momentum picking up with MACD climbing and accumulation continues to trend higher. Breakout watch over 2.40

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BlackBerry Ltd (NASDAQ:BBRY) Nice Bullish Engulfing candle today on higher volume. The stock is nearing a key resistance level of 10,94, which if broken should lead to a target of $11.65 in the short term. Looking at the technical chart we start to see now some signals of rebound as the chart shows positive momentum is back. In addition, the 100-day moving exp average crossed on top over 200-day exp moving average, which is a very positive sign. Short-term outlook for the stock is now bullish with share price above 9,13, 20 and 50 exp moving averages.

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LinkedIn Corp (NYSE:LNKD) broke the rising-wedge chart pattern to the downside on the daily that I posted the other day. The volume was decent as well. The strong uptrend is starting to lose momentum, this is reflected in the fact that some "sell signals" such as RSI, MACD and ADX are starting to appear.

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Axcelis Technologies Inc (NASDAQ:ACLS) Potential breakout play. Watching over 2.05 with resistance at 2.08

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: ACLS, ATOS, BBRY, LNKD

22:54 | Permalink |

AC Investor Blog

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

Thursday, December 19, 2019

Stocks to Watch for December 19, 2019

Sunday, May 05, 2019

Nine Stocks To Watch For the Coming Week

Saturday, April 13, 2019

Interesting chart setups to watch next week

Tuesday, October 24, 2017

My Watchlist for Wednesday, October 25

Thursday, September 11, 2014

Stocks to Watch for September 12, 2014

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