AC Investor Blog

Stocks to Watch for Aug 20, 2014

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Petroleo Brasileiro Petrobras SA (NYSE:PBR) showed buying strength all day on Tuesday. The stock is on the verge of breaking out and it could happen soon. If it breaks 17.70 the stock will absolutely fly into the 18's right away. Keep it on watch.

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Avago Technologies Ltd (NASDAQ:AVGO) broke out to all-time highs during today's session to $76.62 per share, however in the final hour the stock price retracted closing at $75.62. Let's see if on Wednesday the stock will confirm intraday breakout.

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Xilinx, Inc. (NASDAQ:XLNX) On watch for a potential gap fill trade. 42.54 break should get this moving.

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Bitauto Hldg Ltd (NYSE:BITA) is overextended and a possible pull back to $75 or $71 is not out of the question IMHO. Today's high volume on a negative candle could give a clue, possibly meaning the move is losing some strength.

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Baxano Surgical Inc (NASDAQ:BAXS) has fallen hard over the past several weeks and looks ready for a rebound. President and CEO bought some shares last week. The technical daily chart is not only oversold but also shows a stock ready to post a sizeable bounce. Stop 35c

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J C Penney Company Inc (NYSE:JCP) Had a nice breakout with a pop of 38c to 10.25 or 3.85% on 48 million shares. Technical chart shows a bullish sign as the stock is back on top of 200-day EMA with MACD rising and in positive territory.

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: AVGO, BAXS, BITA, JCP, PBR, XLNX

23:18 | Permalink |

Stocks to Watch for July 24, 2014

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Wal-Mart Stores, Inc. (NYSE:WMT) had a slightly bullish day today, closing with a gain of 35 cents to $76.99. The stock price is still in a short period of consolidation, moving sideways since 3 weeks ago. The bias remains bullish in short-term testing 77.57-77.76 resistance area.

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Netflix, Inc. (NASDAQ:NFLX) continued its bearish momentum today, closing the day near the key support of 425.45. My technical outlook remains bearish. A clear break and close below that area could trigger further bearish pullback testing 400.

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SanDisk Corporation (NASDAQ:SNDK) is still showing relative weakness. I think the stock is forming here a bear flag pattern on daily and then it will collapse to 90.

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What a rally for Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) late in the day. I have to believe that this rally will resume in earnest tomorrow. I feel a rally to $6 and better is in the cards short term. Stop 5.52 9EMA

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Jamba, Inc. (NASDAQ:JMBA) That is a good looking chart. It's a buy on a daily close above 12.44. Stop loss 11.92

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Baxano Surgical Inc(NASDAQ:BAXS) 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 $1.70 a share to the current $.50 price. Today's heavy volume could be signaling a temporary bottom.

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: ARIA, BAXS, JMBA, NFLX, SNDK, WMT

22:42 | Permalink |

Stocks to Watch for January 17, 2014

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WidePoint Corporation (NYSEMKT:WYY) closed strong on Thursday, as the stock ended the day at highs. The technical daily chart shows a continuation of the trend with MACD and RSI in the Bullish areas. This stock is on the top of my watch list due to the recent price action, volume and momentum.

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Biotech stocks continue to move higher and GTx, Inc. (NASDAQ:GTXI) is getting ready to retest September highs. The stock hit $2.36 on September 20th 2013, which is resistance for its next move. The daily chart of GTXI suggests a strong confidence in stock, a clear uptrend momentum. The accumulation/distrubition indicator is also tredning higher. Long setup. Stop 1.72

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The stock price of Baxano Surgical Inc (NASDAQ:BAXS) looks strong enough to move forward. The recent increase in trading volume and the rising OBV suggests buyers are accumulating the stock. A breakout above $1.35 would constitute a technical entry point for the short-term trader, looking for a quick trade.

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Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) The chart is showing a slightly bullish bias. Let’s see whether the stock price can gather enough momentum to break through 6.97. If the Bulls are able to push through this level, there will be another rally towards 7.75.

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Stemline Therapeutics Inc (NASDAQ:STML) The stock price is showing signs of a potential reversal trend. Looking for a breakout above 22.23

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Super Micro Computer, Inc. (NASDAQ:SMCI) The stock broke resistance on Thursday, which should be the start of another upside move. Resistance is $18.19, which reflects Thursday’s high of the day.

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Teck Resources Ltd (NYSE:TCK) needs to take out 26.21 in order to convince bullish buyers at these 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: ARIA, BAXS, GTXI, SMCI, STML, TCK, WYY

23:14 | Permalink |

AC Investor Blog

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

Tuesday, August 19, 2014

Stocks to Watch for Aug 20, 2014

Wednesday, July 23, 2014

Stocks to Watch for July 24, 2014

Thursday, January 16, 2014

Stocks to Watch for January 17, 2014

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