AC Investor Blog

Trade Ideas for the coming week

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Snap Inc. (NYSE: SNAP) broke out of a bullish flag formation and closed just slightly below a key resistance level at $17. A break of this level in the next couple of days could lead the stock towards new highs around the 18.36 area. Long setup.

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Kandi Technologies Group Inc (NASDAQ: KNDI) jumped 12 cents, or 2.26%, on Friday, breaking key resistance at 5.38 and closing at 5.44. That's the highest close in more than six weeks, thus confirming that the stock has renewed momentum. This momentum could move stock to the 5.8 area in the next few trading days. Long setup on watch.

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I like this daily chart on Twitter, Inc. (NYSE: TWTR) a lot. Prob one of my Favorites. As you can see the stock brokeout on high volume Thursday and was able to keep the strength on Friday. I've seen this many times in the market and you know what the end result usually is? Well, it's alot of money. RSI still rising and we are not even in overbought territory yet. Plus, the Accumulation/Distribution shows that the stock continues to be under accumulation by institutional traders and money managers. We should see more highs ahead.

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Inpixon (NASDAQ:INPX) was able to make upward movements in intraday trading for the second day in a row as volume continues to increase. In the past, INPX has been able to significantly witness growth in market valuation following the type of trading activity that has been seen recently. Breakout watch over 0.142 on volume for a possible short-term target of 18c (Note: This is a penny stock, so play accordingly).

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Appliance Recycling Cntrs of Amer Inc (NASDAQ: ARCI) has been consolidating around 4.50 levels. We have seen strong accumulation during the consolidation phase, very positive sign. Watch for a potential breakout next week since volume is expected to increase under conditions showing light resistance. Daily technical indicators are looking bullish. MACD is lying above the Power Zone and RSI is about 54 so it's in the range of its support prices which could minimize the downside risk at these levels. Worth watching for a breakout above the 4.85 level.

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Zosano Pharma Corp (NASDAQ: ZSAN) broke and closed back above its hourly 50EMA on solid volume. The bulls will now try and regain control. Watch the stock next week since shares appears setup for an Increase.

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Roku (NASDAQ:ROKU) Big momo stock. Consolidating here, play the line it breaks on heavy volume.

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Baxter International Inc. (NYSE:BAX) Cleared this ascending triangle on volume. Setting up for higher prices.

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I alerted Microbot Medical Inc (NASDAQ:MBOT) to my twitter followers a few days ago before crowd when it was trading around the $5 level. The stock jumped 44% or $2.16 cents to 7.06 on Friday as the company announced that will demonstrate a working prototype of the Company’s Self-Cleaning Shunt (SCS™). I still holding a small position. Next major resistance lies at 7.5

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: ARCI, BAX, INPX, KNDI, MBOT, ROKU, SNAP, TWTR, ZSAN

08:37 | Permalink |

Stocks to Watch for July 25, 2018

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Social Reality Inc (NASDAQ: SRAX) has formed a clear resistance level around 5.85 as part of its uptrend, setting up yet for a possible resistance breakout trade. Short term indicators are Bullish. A new buy signal would be given on a break above that resistance, with the next pivot resistance at 6.21. Support is at 5.19 and 5.05

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Apple Inc. (NASDAQ: AAPL) is getting ready to come out of a consolidation pattern. A close above $194.20 gets the party started.

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Evofem Biosciences Inc (NASDAQ: EVFM) I am a patient investor here. I really like this setup, descending channel with positive divergences on MACD while the accumulation line is also rising (money flowing into the stock). It is held by major institutions. Last month, Oppenheimer initiated coverage with an Outperform rating and $9 price target. They have a great pipeline.

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My Size Inc (NASDAQ: MYSZ) has created an interesting daily chart with the descending trend line broken today, which should be considered as a very bullish sign. Considering the recent breakout, the stock price looks promising and has potential to move back to its June highs in the coming trading sessions. I alerted several times on Twitter around 85c for a potential big bounce. Stop 92c

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Ageagle Aerial Systems Inc (NYSEAMERICAN: UAVS) another great alert on Twitter today around 1.80. Important to see how this acts over the next few sessions. Immediate resistance is at 2.2 (EMA100). Break above that level could trigger further bullish momentum towards $2.4 area.

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Arcadia Biosciences Inc (NASDAQ: RKDA) there are some signs of a possible bounce here due to the positive divergences, which often leads to short covering. If the stock price can break through today’s high of $7.32, we should see a strong follow through move. Let’s see whether the stock can gather enough momentum to break through that key level. On watch.

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Another day, another winner. I love the small cap market right now. After seeing a nice breakout from a bullish consolidation pattern yesterday for my alert, we saw another huge run today for Riot Blockchain Inc (NASDAQ: RIOT). I took profits today, but i will re-enter on any pullback to the pivot zone.

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Boxlight Corp (NASDAQ: BOXL) looks like is close to attempting a new breakout. The stock hit a high of $5.5 but failed to close above 4.54 (EMA20). I expect to see a high volume move once the stock breaks through resistance again, as traders are watching this stock closely.

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Baxter International Inc (NYSE: BAX) hit a new 52-week high, trading as high as 75.72, before settling at a close of 75.54. I'll be watching the stock on Wednesesday looking for a follow through 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

Labels: AAPL, BAX, BOXL, EVFM, MYSZ, RIOT, RKDA, SRAX, UAVS

22:37 | Permalink |

Stocks to keep an eye on July 21, 2015

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Merge Healthcare Inc. (NASDAQ:MRGE) broke out of a consolidation pattern on heavy volume and could eventually rally up to test its recent high. Short-term technical indicators are strong. If the stock can break today’s high of $5.19, we should see a strong follow through move. Next major resistance level lies around $6

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Baxter International Inc (NYSE:BAX) Potential breakout play. Watching 37.83 area for a range break.

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GoPro Inc (NASDAQ:GPRO) jumped 7.3% today finishing the session near the highs of the day on high volume, suggesting buyers are stepping in. The move puts this stock in high probability of a breakout above key resistance in the 61.2 area. If the stock breaks today's high, the momentum could move stock to the $70 area.

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: BAX, GPRO, MRGE

22:11 | Permalink |

Some setups to watch in the week ahead

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The trading week was very good for Zynga Inc (NASDAQ:ZNGA) compared to the situation of the stock 2 weeks ago. A new higher low was formed this week and a very good rally started on Wednesday which gave the stock a 12% boost in just two days. This move was accompanied by higher volume compared with the volume the previous week, but not sufficient enough to hold upward momentum today. Technical indicators on chart are showing us mixed signs. Bullish signs coming from Stochastics and MACD, while bearish signs coming from the RSI. At this point, the technical levels to watch for an entry point will be either $2.52 level or if the stock goes lower, $2.25 will be another attractive level to accumulate.

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Shares of Lattice Semiconductor (NASDAQ:LSCC), rose 4.65% to $4.05 per share. The stock cleared the downtrend channel of the recent leg down. Also, last candle is pretty bullish. LSCC is now back to positive trend as it is now back above 50-DMA. The MACD is also looking very good with a possibility of a cross above the signal line and with KD rising the stock could be heading for a new rally. The next key resistance level to watch is at 4.16. Above this level could test 4.5 next.

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Visa Inc (NYSE:V) had a remarkable rally this week with solid volume. The stock didn't only bounce from support near its 50-dma, but was also able to create a new 52-week high. The RSI is again near the overbought level, so for the coming week I expect a possible sideway movement.

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Nice runner from the buy list yesterday. Looks like the 20-day MA acted as support for the stock, as it was able to bounce from the downward movement. Green Dot Corporation (NYSE:GDOT) closed the week with a strong white candle. For next week the upward movement may continue. A move above $12 could spark a nice short-squeeze.

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Tellabs, Inc. (NASDAQ:TLAB) is capable of mounting a nice run in the weeks ahead. The company will commence its share repurchase program on Monday. From a technical standpoint the stock seems to have reversed from its downtrend and could be starting an uptrend. With the MACD turning up and above its signal line, this stock could post a nice rally from current levels.

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Baxter International Inc. (NYSE:BAX) broke out from a small ascending triangle with resistance at 66.88. Target price is at 69.8. Long setup, but watch out if price fall back in the triangle.

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InterDigital, Inc. (NASDAQ:IDCC) chart looks very good. Accumulation continues to trend higher despite recent pullback. Looks ready to test the recent highs. Next resistance level to watch 43.08

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: BAX, GDOT, IDCC, LSCC, TLAB, V, ZNGA

21:25 | Permalink |

Stocks to watch next week

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YHOO traded higher on Friday as the Internet stocks continue to show strength. Today’s high of $14.93 is resistance for Monday’s continuation move. If the stock can break through this level we should see strong volume as traders buy the stock. I'll will watch YHOO closely on Monday.

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THQI is bouncing off lows that were set this week and could be ready to move much higher. There is a good chance the stock will move higher next week. Resistance is $4.44, which reflects Friday’s high of the day. There could be very good upside in this trade, so keep a close eye on THQI for Monday.

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DRYS has broken the trendline on the daily chart indicating a possible trend reversal. Volume was good and this could be a buy candidate.

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BAX has an interesting daily chart as the stock looks to be ready for a good upside move. The area comprehended between 44.63 and 45.85 represents a heavy resistance. Some selling pressure will appear at this levels ( RSI over 60) but I’m betting on a move up to $45. The stock closed up $0.52 or 1.20% today. It broke above Thursday’s high, which is another signal for an upside move. I’m planning to long in a break above $44.63.

Other stocks to watch :

Pattern is cup and handle

GG - GOLDCORP INC
TWX - AMERICA ONLINE INC
WIN - Windstream Corp
OXY - OCCIDENTAL PETROLEUM
YUM - TRICON GLOBAL REST INC
CMI - CUMMINS ENGINE CO INC
CCI - Crown Castle International
LRCX - Lam Research Corporation
SYY - SYSCO CORP
ADCT - ADC Telecommunications
EIX - EDISON INTERNATIONAL
WLL - WHITING PETROLEUM CP
RSG - REPUBLIC SERVICES INC
HP - HELMERICH & PAYNE INC
KNX - Knight Transportation
WERN - Werner Enterprises
NZ - Netezza Corp
SOLR - GT Solar International
CLX - CLOROX CO
WTR - PHILADELPHIA SUBURB
TAP - ADOLPH COORS CO
CXW - Corrections Corporation
CNI - CANADIAN NATL RAIL CO
HXL - HEXCEL CORP
CHD - CHURCH & DWIGHT CO INC
AXS - AXIS CAPITAL HLDGS LTD
PLCE - The Children's Plac
O - Realty Income Corp
GWR - Genesee & Wyomi
PCH - POTLATCH CORP
DDAIF - Daimler
HDB - HDFC BANK LTD
THG - ALLMERICA FINANCIAL
HLF - HERBALIFE LTD
CLC - CLARCOR INC
LUFK - Lufkin Industries
AEC - ASSOC ESTATES RLTY
CPRT - Copart, Inc.

Pattern is ascending triangle

CYBS - CyberSource Corporation
LULU - lululemon athletica
AMCC - Applied Micro Circuits
GTI - GrafTech International
LCAPA - LIBERTY MED CP A
GEO - WACKENHUT CORRECTIONS
HUBG - Hub Group, Inc.

Earnings Announcements for Monday

ACIES CORP - ACIE.OB
Acme United - ACU
ALCOA Inc - AA
AMES NATL CORP - ATLO
AMR Corporation - AMR
AMREP - AXR
Arrow Financial - AROW
ARTS WAY MFG INC - ARTW
ASA LIMITED - ASA
Audiovox Corporation - VOXX
Bank of the Ozarks, Inc. - OZRK
Brookline Bancorp - BRKL
CCA Industries - CAW
CDC Software - CDCS
CENTRAL FED CORP - CFBK
Century Bancorp A - CNBKA
Cintas Corporation - CTAS
Comm Bancorp - CCBP
Commerce Bancshares, Inc. - CBSH
Consolidated-Tomoka Land - CTO
CSX Corporation - CSX
Dataram - DRAM
DPAC Technologies Corp. - DPAC.OB
Dynacq Healthcare, Inc. - DYII
Fidelity Southern Corporation - LION
First South Bancorp - FSBK
Guaranty Federal Bancshares - GFED
Heartland Express - HTLD
INDIA GLOBALIZATION CAP INC - IGC
Intellipharmaceutics International Inc. - IPCI
INTERVEST BANCSHARES CORP - IBCA
Joe's Jeans Inc. - JOEZ
Kinder Morgan Energy Partners, L.P. - KMP
KINDER MORGAN MANAGEMENT LLC - KMR
LIFE PARTNERS HOLDINGS INC - LPHI
Meade Instruments Corporation - MEAD
MEDTOX Scientific, Inc. - MTOX
Merge Healthcare, Inc. - MRGE
MGIC Investment Corp. - MTG
MutualFirst Financial, Inc. - MFSF
National Bankshares - NKSH
National Beverage - FIZZ
Novellus Systems, Inc. - NVLS
Palm Harbor Homes - PHHM
POSCO - PKX
PREMIER SVC BK RIVERSIDE CALIF - PSBK.OB
Provident Bancorp - PBNY
PURECYCLE CORP - PCYO
Republic Bank - RBCAA
Riverview Bncp Inc - RVSB
RUE21 INC - RUE
Shaw Group Inc. - SHAW
SMARTHEAT INC - HEAT
Student Loan - STU
Suffolk Bancorp - SUBK
Tanzanian Royalty Exploration Corporation - TRE
TEL INSTR ELECTRS CORP - TIK
THE9 LTD - NCTY
TORTOISE ENERGY CAP CORP - TYY
UNION BANKSHARES INC - UNB
United Bancorp - UBCP
United Community Financial Corp. - UCFC
USA Truck - USAK
Value Line - VALU

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.

Have a nice weekend,

AC

Labels: BAX, DRYS, THQI, YHOO

23:48 | Permalink |

Stocks to watch next week - KNSY, BAX, APSG

Chart courtesy of www.stockcharts.com ( click to enlarge )

APSG recorded a new high in the last trading session. Short-term outlook for the stock is bullish. Buy the stock in dips with a stop-loss at 18. The technical daily chart looks Bullish with both 20, 50 and 200 daily moving averages going up and MACD on top of 0, RSI in a Bullish area too. I'll be watching her carefully for any possible opportunities.

Chart courtesy of www.stockcharts.com ( click to enlarge )

BAX - Trendline support has been broken this week on the daily chart at $57 with the next target at $48. An aggressive trader may want to short BAX here. Technically, the stock is in a Bearish mode with MACD below signal line and the price below both 50 and 200 day moving averages. The stock has a key support level at $48.84. Buy only when the stock reverses from this support.

Chart courtesy of www.stockcharts.com ( click to enlarge )

KNSY - It looks like the buyers are finally aware of the buying opportunity at this level after the big drop occured on Thursday. On the daily chart we have an ascending channel indicating a short term bullish momentum.I note that the daily momentum indicator is displaying bearish divergence, which portends weakening in the bullish momentum. Immediate support is seen at 18.55. Initial resistance at 19.22.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's all Folks. Have a nice weekend.

AC

Labels: APSG, BAX, KNSY

00:10 | Permalink |

AC Investor Blog

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

Sunday, September 08, 2019

Trade Ideas for the coming week

Tuesday, July 24, 2018

Stocks to Watch for July 25, 2018

Monday, July 20, 2015

Stocks to keep an eye on July 21, 2015

Friday, November 23, 2012

Some setups to watch in the week ahead

Friday, July 09, 2010

Stocks to watch next week

Saturday, February 28, 2009

Stocks to watch next week - KNSY, BAX, APSG

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