AC Investor Blog

Some interesting chart setups in the bigcaps and smallcaps to watch next week

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Qutoutiao Inc (NASDAQ: QTT) made a strong upside reversal Friday on solid volume. The daily technical chart above suggests that stock might find now resistance at $4.61. Only a close above this level would suggest further upside. I think this could be the spark of a new bull trend in the making. I'm watching for a follow through move on Monday.

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Aileron Therapeutics Inc (NASDAQ: ALRN) has fallen in a slow steady decline from $1.7 down to 61c with nary a bounce. I think that bounce is coming and it will be impressive to behold. The stock is likely forming a double bottom pattern and it could stage a decent recovery above 75c. There is a big catalyst in September ( ALRN-6924 and IBRANCE), so this could be a good spot to accumulate shares. At extreme oversold conditions and with a positive MACD divergence on daily, i decide to start buying shares on Friday for a possible big bounce from current levels. Risk/reward seems favorable. Short-term target 1-1.1

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Leap Therapeutics Inc (NASDAQ: LPTX) seems to have broken out of a major horizontal resistance that targets a move to 2.5 in the stock. The daily technical indicator MACD shows the stock is still in a positive momentum.

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Precipio Inc (NASDAQ: PRPO) back-tested successfully the breakout point last week and we can now move higher to test Monday's high of 4.39 Still on my top watchlist. I think this stock deserves some watching in the coming days. If the buying continues in earnest things could get very interesting.

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Revolve Group LLC (NYSE: RVLV) After touching a high of $48.36 a few weeks ago, the stock has been in a corrective phase. The stock made a nice move on Friday, breaking a key resistance and looks ready to continue on Monday. Short-term outlook is positive and a move to 40-42 range appears likely.

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Viveve Medical Inc (NASDAQ: VIVE) is forming a bottom or hit bottom Friday and look ready for a rebound. I really like VIVE here at 35c/37c and think based on the recent pennymania momentum that it could do a 50-100% type run from here. I might be a little early with this call, but in the end I think it will be very profitable.

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ShiftPixy Inc (NASDAQ: PIXY) over the last trading days has seen its stock rise from 34c to a high of 65c Friday. Volume has also been on the rise. Chart looks bullish. Keep an eye for a possible breakout over 65c. If you don't have this stock on your watchlist yet, I think now is a good time to add it.

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India Globalization Capital, Inc. (NYSEAMERICAN: IGC) closed higher on Friday as the stock looks to be bouncing off support. The stock hit a high of $1.64 on Friday, which is resistance for Monday’s follow through move. IGC can be a fast moving stock, so keep it on your radar and be ready for this upside move.

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AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO) There is something important to point out in this chart, the volume is daily decreasing which could mean that the current trend will probably not continue and a reversal may be imminent. When company insiders puts hundreds of thousands of their own money into their stock, you have to believe they are doing it for a reason. They purchased a lot of shares at 1.14. This stock tends to make violent moves to the upside at support.

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Northrop Grumman Corporation (NYSE: NOC) is coming up to a big level again. I will be watching this stock closely on Monday as I expect to see a strong move once the stock breaks through resistance. A move past $325.58 would be a strong indicator of a further uptrend in the stock. Technically the stock looks solid trading above all key EMAs. My model is long.

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: ALRN, AVEO, IGC, LPTX, NOC, PIXY, PRPO, QTT, RVLV, VIVE

19:37 | Permalink |

Good Setups to watch next week, including China names

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Uber (NYSE: UBER) has been on fire the past few days, and looks ready to make another upside move. The stock broke out of a consolidation range on Friday as the stock closed up $1.25 on the day. Friday’s high was $47.08 which is resistance for Monday’s continuation move. As long as the stock stay above 45.5 area, the bullish scenario is still intact.

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Inpixon (NASDAQ: INPX) is still in bottoming mode it looks like. The technical daily indicators are looking better for the stock. The daily MACD is starting to rise, confirming a bullish divergence has taken form. As I mentioned on twiiter, INPX has had days when it exploded out-of-the-gates and made tremendous gains. The FORM-S1 on Friday after-hours is confirming my feeling that we should get some news very soon for the company to sell shares at higher prices. As i said last week, most of people dont like this company due to its diluition history, but we are here to make great swing trades, not to make investments. Thats said, i stand with my long position waiting for a big pop. We know that past performance is not always a guarantee of future performance, but we could learn from how INPX has reacted in the past, so keep a close eye on it and don’t miss the trade.

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Arca Biopharma Inc (NASDAQ: ABIO) is showing signs of an upcoming breakout. Watch the flag formation closely. A move above $7.77 would constitute a strong technical entry for the short-term trader looking for a quick trade.

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I've been stating for days that the Tonix Pharmaceuticals Holding Corp (NASDAQ: TNXP) is trying to bottom. The stock remains deeply undervalued based on fundamentals with nearly $2.5 per share in cash and equivalents and has lots of upside potential. If it breaks the 1.45 level, the momentum could move stock up to the $1.78 area where the 50-day EMA is located.

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JD Com Inc (NASDAQ: JD) is quickly approaching a breakout if the stock can manage to trade above $31. A strong volume move above that level, could set the stock up to retest its March highs.

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Yum China Holdings Inc (NYSE: YUMC) could be starting another rally as there is tremendous support in the stock 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 46.5 area. A break through that top would lead to a next test of the 48. resistance zone. Among oscillators, the MACD is in buy mode and RSI is at 70 levels indicating strength in the current uptrend. If it breaks 46.6 the stock will absolutely fly into the 48's right away. Keep it on your watch list going forward.

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Bilibili Inc (NASDAQ: BILI) could be in the early stages of a technical breakout. Momentum indicators are showing bullish signals supported by rising MACD and RSI on the daily charts. Should breakout hard to upside when it crosses over $16.71 Keep it on your watch list going forward.

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Southwestern Energy Company (NYSE: SWN) was added to my watchlist as a possible bottom bounce-play. Nearest resistance for the stock is at $3.20. If this level is crossed and the stock is able to sustain above this level, then it might go to 3.50-3.61. Let's keep an eye on it as i think momentum will pick up. Stop 3.01

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AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO) has had a rough time over the past sessions, but somebody bought a lot of shares on Friday before the close of the day. A breakout over 70c next week with strong volume would send this flying. I went long last week, I see $1 move coming.

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, AVEO, BILI, INPX, JD, SWN, TNXP, UBER, YUMC

18:15 | Permalink |

My hot stock watchlist for Monday

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AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO) Rallied hard Friday on heavy volume breaking several key resistances areas. If it clears back over 99c next week, may have some good upside. I tweeted my alert around 72c (real-time trading). Congrats to those who paid attention. Dont forget to follow me on twitter and Stocktwits. All are welcome, be respectful, and be positive.

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Las Vegas Sands (NYSE: LVS) A Doji candlestick has formed on a key support zone. This candlestick formation means that market is currently unsure about future movements and is waiting for other signals, basically there is an indecision between bulls and bears, which at extreme oversold levels could indicate that a short cover rally is on the cards. We might see a bounce from current levels.

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Bridgeline Digital Inc (NASDAQ: BLIN) many people dont like this name due to the dilution history, but im here to trade and make money based on TA. When there is an opportunity to make money, bargain hunters will take it. Looking at the daily chart, there are some signs of a possible bounce at this point due to the extreme oversold conditions and some positive divergences on MACD Hist, which often leads to short covering. CMF is also turning up, which means money is flowing again into the stock. A reversal may be on the way. I took a long position before the close.

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Stellar Biotechnologies Inc (NASDAQ: SBOT) Long-term old alert. Patience always pays off guys. Sold all my position yesterday.

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Ocean Power Technologies Inc (NASDAQ: OPTT) we start to see now some signals of rebound as the chart shows positive momentum is back. Nearest resistance for the stock is at $2.32. If this level is crossed and the stock is able to sustain above this level, then it might go to $2.79

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Beyond Meat Inc (NASDAQ: BYND) Nice setup here. Big rally in the final hour on Friday. Over 105 like it to test the highs. Keep it on watch.

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Barrick Gold (NYSE: GOLD) broke out from a descending channel with huge volume creating a significant amount of bullish potential. 200EMA is the resistance for the next upside move. If the stock can break through this level, we should see a strong move. Long setup on wacth.

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LYFT Inc (NASDAQ: LYFT) had a nice rebound a few weeks ago and has been consolidating. The stock is displaying upside momentum again and is poised to move higher from these levels. Nearest resistance is at $58.80. If this level is crossed and the stock is able to sustain above this level, then it might go to $62

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Ocular Therapeutix Inc (NASDAQ: OCUL) successfully close above its 9 and 13-day exp moving average on very impressive money volume. This is a very bullish development. Short-term technical indicators are strong. If the stock can break $3, we should see a strong follow through move.

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Melinta Therapeutics Inc (NASDAQ: MLNT) just another company in the small bio land trading at bargain prices with more than $9 per share in cash. Watching for $2.28 breakout. All 2-hour indicators are in favor of an upward price movement.

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: AVEO, BLIN, BYND, GOLD, LVS, LYFT, MLNT, OCUL, OPTT, SBOT

18:29 | Permalink |

12 stock charts to watch next week

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Viking Therapeutics Inc (NASDAQ: VKTX) surged 1.43, or 16.8%, Friday on higher-than-average volume and finished at its highest close in more than three months. It closed at 9.94, substantially above key resistance at 9.37, confirming the breakout. Im looking for a move towards the $11 area in the next couple of days. Technically, any pullback to pivot is a good entry point (Note: i booked profits abv 10.2 but i want enter to enter again on any pullback)

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Nio Inc - ADR (NYSE: NIO) ready to move off support? Stock has been holding up at $5 the last few days after a dramatic decline from well over $10 a share this month. I think any close above the 5.19 level in could be the recipe for a bullish reversal higher.

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Superconductor Technologies, Inc. (NASDAQ: SCON) lets see if we can get a move back over $1.80. Volume history shows this stock doesn't need too much buying pressure to rise fast. I went long on Friday. Could pop over 1.56 (former runner)

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ConforMIS Inc (NASDAQ: CFMS) continues to impress, now consolidating within an ascending triangle. Fresh exposures may be considered on a move past $2.95, with a stop-loss at $2.65

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Blackberry (NYSE: BB) broke resistance with a maissive volume move on Friday after the company reported earnings that beat Wall Street's expectations. Increased volume at the break-out supports the bullish trend going forward. Technically, a buy on any dip.

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Lyft (NASDAQ: LYFT) The 5-m chart of the first day of trading. Only a break of $80 could regain the short-term bullish momentum.

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Gevo Inc (NASDAQ: GEVO) could see $2.50 in the next few days and depending on a few variables (Including news) this stock could soar even higher. This is a stock that is still flying under the radar of so many traders. I think right now GEVO is forming a solid base for a substantial bounce.

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I said in the beginning of the month that AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO) could be set up for a technical breakout and so far we've seen just that. After falling from $2 to penny status, investors are slowly starting to recognize the potential of this stock. The symbol is buzzing on social media again, and from what we've seen so far, this stock could be far from done. Im keeping a close eye for any type of minor pull-back for the potential of another and possibly much stronger rally. Congrats if you've already made this a great winner. Stay tuned for more.

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Cleveland-Cliffs Inc (NYSE: CLF) deserves some attention next week. Price action is moving within a descending channel or bullisg flag pattern testing the upper trend line for a breakout to move back north. The MACD is also displaying a positive divergence, but we need to see a clear solid bullish signal cross, which would occur if price breaches 10.2 A break above that area could trigger further bullish momentum and keep the bullish scenario intact.

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Limelight Networks (NASDAQ: LLNW) Nice breakout on 3x the daily average volume, positive MACD. Look for a quick run to $3.55

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AEterna Zentaris Inc. (NASDAQ: AEZS) broke out of a large consolidation period. Volume was decent on signaling that this move should hold. The technical chart above shows a continuation of the trend with MACD and RSI in the Bullish areas. The stock is in a strong bull market with both 50 day and 200 day exp moving average going up. Long setup.

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Regulus Therapeutics Inc (NASDAQ: RGLS) Another great setup for bottom lovers. The stock has been in a downtrend the past few days, but could have found a bottom at these levels. Notice accumulation volume has been ramping up lately. If the stock can break through Wednesday’s high of $1.11, we should see a strong follow through move. Keep watching RGLS for a possible strong bounce from current levels.

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: AEZS, AVEO, BB, CFMS, CLF, GEVO, LLNW, LYFT, NIO, RGLS, SCON, VKTX

08:43 | Permalink |

Some stocks to watch next week

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BlackRock (NYSE: BLK) is coiling up below the declining 200-day exponentila moving average, forming a potentially bullish pattern, to blast through the 200EMA on a breakout of that pattern. Long setup on watch.

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Deere & Company (NYSE: DE) bulls have no reason to be alarmed yet. In fact, they may have a reason to celebrate, the stock closed the week with a bullish candle near the key resistance level of $166.19, a strong Bullish signal for next week.

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Bioblast Pharma Ltd (NASDAQ: ORPN) on my top watchlist for next week after reading last week PRESS RELEASE. The company announced the sale of its Trehalose Clinical Development Programs to Seelos, and under the terms of the agreement, Seelos will pay Bioblast a payment of $3.5 million in two instalments; $1.5 million payable upon closing of the sale and the other $2.0 million will be paid upon the first anniversary of the closing of the sale. Potential additional milestone payments of up to $17.0 million will be made upon completion of the clinical study and approval of a New Drug Application (NDA) by the Food and Drug Administration (FDA), as well as royalties. Keep in mind, the market cap of this company is just $4.5M. I think people is people is underestimating this deal. Read the press carefully this weekend. I would not be surprised if we break the $2.17 level next week. I took a long position on Friday.

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Nio Inc (NYSE: NIO) will be featured on 60 minutes Sunday night. The stock has been trading heavy volumes recently and continue to impress with another show of strength. Technicals look Bullish to me. Momentum picking up with MACD climbing and RSI rising. Watch for continuation.

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Arcadia Biosciences Inc (NASDAQ: RKDA) is in a very strong bullish trend, having gained almost 100% since December lows. The stock is coiling up, and if it can push above $5.58 convincingly next week, it could be off to the races.

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Zosano Pharma Corp (NASDAQ: ZSAN) could be worth watching if the pullback continues next week. If it drops, there is a strong support zone around 3.75

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AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO) still holding a strong position. The stock has been basing for over a week under resistance near 66c. If the stock clears resistance the move may be powerful. A good sign, is that the big institutions have been buying this longer term dip while keeping price low. Check my latest tweet about AVEO

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JD Com Inc (NASDAQ: JD) may be ready to break out of this sideways consolidation. Potential swing long above 26

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Shares of Marinus Pharmaceuticals rallied hard Friday on heavy volume. If it clears back over 4.33, may have some good upside.

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: AVEO, BLK, DE, JD, MRNS, NIO, ORPN, RKDA, ZSAN

21:10 | Permalink |

AC Investor Blog

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

Saturday, July 06, 2019

Some interesting chart setups in the bigcaps and smallcaps to watch next week

Saturday, June 29, 2019

Good Setups to watch next week, including China names

Saturday, June 01, 2019

My hot stock watchlist for Monday

Saturday, March 30, 2019

12 stock charts to watch next week

Saturday, February 23, 2019

Some stocks to watch next week

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