AC Investor Blog

Stocks to Watch for October 06, 2015

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United States Steel Corporation (NYSE:X) finally rebounded on heavy volume. This could be the start of a trend reversal for the stock, which is why I will be watching again the stock on Tuesday. Next resistance is $11.59, which was Monday’s high of the day. If the stock breaks through, there is a good chance you will see a strong upside move, so watch the stock very closely tomorrow. Plus, MACD triggered a bullish crossover.

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Rubicon Technology, Inc. (NASDAQ:RBCN) might be close to squeezing some shorts based on the recent price action. The stock is on the verge of breaking out of a base formation and it could happen tomorrow. Once it breaks $1.08, jump in and watch RBCN take off. The stock is now trading significantly below cash and book value. With an improving RSI and a bullish stochastic crossover, I have a feeling that it will break higher shortly.

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VIVUS, Inc. (NASDAQ:VVUS) daily chart is very promising. The stock coube be gaining momentum to break to the upside. Keep an eye for a possible breakout over $1.77

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Aerie Pharmaceuticals Inc (NASDAQ:AERI) surged in the final hour of trading and closed back over the 200-day exponential moving average, which is very bullish for an upside move. Keep a close eye on AERI for Tuesday.

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Bitauto Hldg Ltd (NYSE:BITA) The daily technical chart is giving some clear clues on market makers intentions. The 50-day EMA has been well supported during today’s session and the delivery volumes are picking indicating some funds action. The pullback might be a good buying opportunity.

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: AERI, BITA, RBCN, VVUS, X

22:11 | Permalink |

Some potential bullish setups for next week

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Bitauto Hldg Ltd (NYSE:BITA) finally broke above its 50-day exponential moving average on a closing basis last week for the first time since June, which indicates a shift in the trend on the charts. Go long on the break of Friday’s candle high at 33.14 or wait for a retracement back towards the 31.5 level. RSI and MACD shows strong bullish signal.

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Vipshop Holdings Ltd (NYSE:VIPS) Watch for a possible resistance breakout. The upside momentum could push the stock to 21.5/23 if it breaks and close above the downtrend line. Major momentum indicators are gaining strength, this suggests further upside momentum.

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AK Steel Holding Corporation (NYSE:AKS) finally closed back above the 2.38/2.4 resistance area Friday on decent volume. If momentum continues as I expect next week, I believe we could see a nice rally to 2.89 or 3, the next short-term resistance.

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Jumei International Holding Ltd (NYSE:JMEI) is setting up for a potential breakout above 10.46. This range needs to be broken to signal the next major directional move. Most oscillators momentum indicators are showing strength.

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BlackBerry Ltd (NASDAQ:BBRY) stock formed a bullish candle on Friday which could help lead to further gains in coming sessions. It could be setting up for a new V-bounce as seen in the chart above. Momentum indicators are showing positive signals. Recent high volume accompanied by a positive crossover of Stochastic on the daily charts suggest fresh buying interest in the stock.

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Micron Technology, Inc. (NASDAQ:MU) is a buy based on Friday's bullish move. The stock broke the 20-day EMA and also the resistance of the descending channel. First possible target price for this stock is at $16.92 (50EMA) and have to see from there. Looking at the technical indicators, we have the RSI above the 50% level and the MACD also triggered a new bullish signal. The 200-day EMA is now located at 22.79, which leaves a lot on the table in terms of upside potential. Long setup.

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Chesapeake Energy Corporation (NYSE:CHK) A possible bullish Inverted Head and shoulder's pattern? Although it is not complete at the moment, I think that the stock is currently building the right shoulder of this pattern. If my interpretation of the chart is correct, the neckline is situated at $8.80.

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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: AKS, BBRY, BITA, CHK, JMEI, MU, VIPS

10:42 | Permalink |

Stocks to Watch for September 30, 2015

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Bitauto Hldg Ltd (NYSE:BITA) could be in the early stages of a technical breakout. A break through today's high on volume could lead this stock to 30-30.51 short-term.

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Great Basin Scientific Inc (NASDAQ:GBSN) looks poised for a break to the upside. The declining 9-day EMA has been proved to be a strong resistance. More times the resistance has been tested, there is good chance for breaking above that point. Technically speaking, I feel that there is a possibility for the stock to go beyond 12c this week. It ended the session with a bullish candlestick formation, supporting the bullish bias and indicating further upside potential. As long as the stock can remain above 7c, I like the stock.

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Violin Memory Inc (NYSE:VMEM) surged in the final hour of trading and closed back over 1.50. The real fireworks should begin if it can close above $1.61. The MACD is starting to curl upward again which should eventually lead to price increases. On watch.

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Novavax, Inc. (NASDAQ:NVAX) The stock has a strong support around the $6 level, which can be used as a stop-loss for short-term positions.

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: BITA, GBSN, NVAX, VMEM

22:06 | Permalink |

Stocks to keep an eye on August 27, 2015

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FireEye Inc (NASDAQ:FEYE) has been bouncing nicely off lows. If we break above the 39.07 area tomorrow, we can run to 41 easily. On the daily chart RSI bounced off the 30% line and while %K line has just crossed on top over %D line, which could mean that bullish sentiment is gaining traction.

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Novatel Wireless Inc (NASDAQ:MIFI) made a nice breakout today on volume. $2.89 is the next key level to watch on the upside.

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Forward Industries, Inc. (NASDAQ:FORD) Worth eyeing, poised to breakout. Look at the two big volume days. That is serious accumulation. 1.93 is pretty much the pivot here. If it breaks tomorrow, we could see +$3 quickly.

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Bitauto Hldg Ltd (NYSE:BITA) Flagging here + MACD crossover. Looking to see if stock can get over $27.56 for nice bounce into 30's

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3D Systems Corporation (NYSE:DDD) still on high alert. Insiders are spending thousands of dollars ($615,584 / 47200 shares in August) to boost their stakes in the company. The bullish insider activity should indicate the stock is really worth buying. With a huge short interest any positive news could be a catalyst to move the stock up closer to $16.

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: BITA, DDD, FEYE, Ford, MIFI

22:58 | Permalink |

Stocks to keep an eye on May 26, 2015

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Second Sight Medical Products Inc (NASDAQ:EYES) The stock closed on Friday above its major EMAs with high volumes gaining 10% over its previous close indicating accumulation of the stock at current levels. The stock appears positive on daily charts and may move up to 15 once it breaks above previous pivot high. The technical indicator ADX is showing a sign of strength, with the +DI line above the -DI line. Further, the RSI is turning up from its support level, while the MACD is showing signs of bottoming. I will watch the stock price next week and add more above Friday’s high.

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Rambus Inc. (NASDAQ:RMBS) has an interesting daily technical chart and could have another bigger move soon. The break of the next key horizontal resistance line with heavy volume should be the next buy point. If price clears resistance at $14.58, the next move may be powerful. The outlook for stock remains positive supported by the major EMAs and momentum indicators. Strong support for the stock exists at 14.08.

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Shares of Bitauto Hldg Ltd (NYSE:BITA) have room for a significant uptick beyond these levels. Volume starts to pick up again. A move above $65.77 could trigger a sharp move higher. Long set-up on watch.

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Apple Inc. (NASDAQ:AAPL) may be setting up to make new highs next week. Next buy area is when the stock clears 133.98 on heavy volume. From a technical standpoint momentum indicators are in bullish zones. The daily MACD is moving above its signal line in positive territory, while RSI is moving up above its 50% level. All major EMAs are rising and the stock is trading above them. For now the bulls remain in control.

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Chesapeake Energy Corporation (NYSE:CHK) should be at the top of your radar screen next week. The 50-day EMA has been proved to be a strong resistance. More times the resistance has been tested, there is good chance for breaking above that point. Technically speaking, I feel that there is a possibility for CHK to go beyond $15.41 next week. Carl Icahn has steadily increased his stake in this name.

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EnteroMedics Inc (NASDAQ:ETRM) good relative strength compared to the sector on Friday. Key resistance is located at $1.22, a break above this level will confirm a new bullish trend and the following uptrend will take price up to $1.50 zone. Momentum indicators are starting to move from negative to positive, which may mean the beginning of another rally. I think its worth adding to your watchlist. Im long.

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I have been following KaloBios Pharmaceuticals Inc (NASDAQ:KBIO) for a few days now and surprisingly the stock showed some strength last week. The volume is starting to come back again and with it some positive price movement. Plus, momentum indicators are also flashing bullish signals, with MACD climbing and ADX rising. Look for a quick run to 62c then on to 71c.

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Himax Technologies, Inc. (NASDAQ:HIMX) is finally stepping up after weeks of frustration. The price is building momentum and broke yesterday the downtrend line that it established since January on high volumes with 7.05 as the first upside objective.

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XOMA Corp (NASDAQ:XOMA) A break through the top of this trading range could lead initially to 3.70, the recent high. The daily MACD is also diverging positively, suggesting a recover is just ahead. Further, we have seen strong call activity in this name over the past few weeks.

Have a fantastic Holiday weekend.

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, BITA, CHK, ETRM, EYES, HIMX, KBIO, RMBS, XOMA

10:59 | Permalink |

Stocks to Watch for September 26, 2014

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Linear Technology Corporation (NASDAQ:LLTC) had a significant bearish momentum today closing below its 200-day EMA on decent volume as you can see on my daily chart above. The bias is bearish in nearest term testing 42.21. Key momentum indicators point to continuation of negative bias for the stock for the medium term.

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Bitauto Hldg Ltd (NYSE:BITA) The stock might break this key support level tomorrow. If it so, the next possible down move target will be the 100-day EMA at 63.57 then the 61 area. The technical indicator MACD is falling sharply and about to enter negative territory, supporting the weakness.

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Waste Management, Inc. (NYSE:WM) The momentum indicators are starting to turn down, which suggests that we might see a pullback moving ahead.

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Apple Inc. (NASDAQ:AAPL) closed below the major support of 98.38 (50EMA) on high volume and that may trigger further weaknesses to 95/94.12 (100EMA).

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, BITA, LLTC, WM

22:48 | Permalink |

Stocks to Watch for September 8, 2014

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Apple Inc. (NASDAQ:AAPL) stock continues to show relative weakness to the market and the chances of a pullback to its 50-day exponential moving average remain intact. Investors and traders should beware of the heavy selling volume that occurred on Wednesday's ugly-looking reversal day. Only a break and close above the $100 level on higher volume would shift the near-term bias back to the topside for a potential move up toward 102.5 next. For now, the near- term trend remains bearish for an immediate target of 96.56 (EMA50).

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Facebook Inc (NASDAQ:FB) It's worth a look next week, as the stock exhibited good relative strength on Friday closing near the all-time high that it hit earlier this week. At this point, an ideal opportunity to open a new long position would be when it breaks out its Sept 3 peak of 77.48 on higher volume. A stop-loss should be located at 74.73 (EMA20).

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Bitauto Hldg Ltd (NYSE:BITA) The daily chart is exhibiting signs of topping. Indicators are displaying negative divergences as they failed to make new highs as highlighted in the chart above, so the Bulls have to be cautious.

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Yelp Inc (NYSE:YELP) The near-term indicators are now declining and displaying negative divergences. The daily MACD is about to roll over into a new sell signal as highlighted in the chart above. This could be just the start of a new leg down for the stock targeting the 70 level.

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Rediff India Limited (NASDAQ:REDF) Thin name. It made a strong breakout last week from symmetrical triangle. A long position can still be opened using the 200-day EMA as line of support.

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Western Digital Corp (NASDAQ:WDC) stock is starting to break down. The stock seems to have broken a rising wedge last week on decent volume. Additionally, note that the MACD line continues to slope downwards. We could see levels of 98 in the short-term easily.

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, BITA, FB, REDF, WDC, YELP

09:13 | Permalink |

Stocks to Watch for Aug 29, 2014

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Bitauto Hldg Ltd (NYSE:BITA) has been pulling back from recent highs in the last sessions. Let's see if the bulls can hold support at the 85 area.

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Vipshop Holdings Ltd (NYSE:VIPS) ended the trading session at 208.96, slipping down by 2.41% with nearly 1 million shares traded. The stock shows flat trend w/ a negative bias by slipping below all short-term EMA's. Key indicators on daily charts suggest continuation of weakness. The stock is likely to test immediate support at 202.

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Endocyte, Inc. (NASDAQ:ECYT) chart is showing a solid bottom formation on daily and the stock looks positioned to break out of this pattern. The volume was high today and I suspect this could be the start of a new rally. Stay tuned.

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CARBO Ceramics Inc. (NYSE:CRR) Potential bottom play. If it clears 111.25 (EMA20) on volume, go long with a stop at 100.

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: BITA, CRR, ECYT, VIPS

22:33 | Permalink |

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 |

AC Investor Blog

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

Monday, October 05, 2015

Stocks to Watch for October 06, 2015

Sunday, October 04, 2015

Some potential bullish setups for next week

Tuesday, September 29, 2015

Stocks to Watch for September 30, 2015

Wednesday, August 26, 2015

Stocks to keep an eye on August 27, 2015

Saturday, May 23, 2015

Stocks to keep an eye on May 26, 2015

Thursday, September 25, 2014

Stocks to Watch for September 26, 2014

Saturday, September 06, 2014

Stocks to Watch for September 8, 2014

Thursday, August 28, 2014

Stocks to Watch for Aug 29, 2014

Tuesday, August 19, 2014

Stocks to Watch for Aug 20, 2014

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