AC Investor Blog

My Watchlist for Wednesday, Sept 14

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Plug Power Inc (NASDAQ:PLUG) made an awesome move today breaking out of a major resistance line with volume backed confirmation. I went long as its quite possible we should see a short term move near $2.6/share. The technical daily chart above shows bullish sign with +DI line on top of -DI line and MACD rising. There could be good upside in PLUG so watch the stock closely.

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Ballard Power Systems Inc. (NASDAQ:BLDP) shorts are getting squeezed here. In parabolic mode.

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It looks like Spherix Inc (NASDAQ:SPEX) is starting to turn back up and indicators are giving the first bullish signs. It closed today just slightly above the key EMAs 50&200, which is a very bullish signal for tomorrow. A volatility squeeze seems eminent. You want to watch the stock closely as SPEX can move quickly and you want to be ready for this move once it happens.

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Juno Therapeutics Inc (NASDAQ:JUNO) broke through resistance at $44.6 accompanied with high volume. We should be able to see another decent upside movement for the bulls here. Next resistance lies around $50

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Second Sight Medical Products Inc (NASDAQ:EYES) With its support around the EMA50, today's candle proved that this support is holding nicely and that a new leg higher is about to take place. Daily technical indicators are showing some nascent signs of bullishness. If we reclaim the $1.23 level (EMA100) and hold, i expect a rapid move toward 1.44 area.

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I'm keeping TearLab Corp (NASDAQ:TEAR) on the list for a possible strong move to the upside. There are several indications I see which suggest a near-term bottom, including large positive divergences on MACD, RSI and CMF. A break above 1.55 on a close basis should be seen as a serious threat for the stock to test the $2 levels again.

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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: BLDP, EYES, JUNO, PLUG, SPEX, TEAR

22:04 | Permalink |

Stocks to Watch for July 28, 2016

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Minerva Neurosciences Inc (NASDAQ:NERV) had a great move on the upside today and closed at $11.91. It seems like the stock is setting up to breakout. I will be watching the stock very closely tomorrow as this can be a good trading stock, but it will move quickly. From a technical standpoint the stock looks to have built a nice small flag formation and wants to make an upside move. You want to keep NERV on your screen for Thursday’s trading. First possible target price for this stock is at $13.20 and have to see from there.

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IntelliPharmaCeutics Intl Inc (NASDAQ:IPCI) With the move up today (4.29%) on volume the stock may have put in a bottom, possibly a temporary bottom, but perhaps still a bottom. We need to get another up day with nice volume to solidify this as a bottom. Short-term technical indicators are suggesting bounce is likely to continue further and I believe we could see a rally up to $1.92-1.98 in the next sessions.

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BlackBerry Ltd,(NASDAQ:BBRY) is very bullish now with a lot of hot indicators showing up. The slope of the recent upward move is very steep accompanied by increasing volume. The stock closed at $7.58, up 35 cents (+4.84%) on volume of 7.79 Million and price finally broke out from the horizontal resistance mark around $7.48. All indicators are in favor of an upward price movement. Key intermediate resistance for the stock however exists in the zone between $8.15 and $8.30. This momentum could push this stock much higher from here, so keep it on the radar.

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Chimerix Inc (NASDAQ:CMRX) presents a potentially lucrative opportunity with several daily technical indicators suggesting it could make a big run very soon. Looking good for $4.27 breakout.

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Compania de Minas Buenaventura SAA (NYSE:BVN) Nice looking breakout with volume. The stock hit a high of $14 which is now resistance for Thrusday’s follow through move.

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Ballard Power Systems Inc. (NASDAQ:BLDP) New highs on strong volume. Go long on the break of Wednesday’s high at 2.12

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SCYNEXIS Inc (NASDAQ:SCYX) has appeared recently on my blog for a potential move higher. Looking at technical chart above, you can see for yourself that the recent gains have come on relatively strong volume while some key indicators are displaying positive divergences. Looks like we might bounce back into the $2.35 area and have to see from there.

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: BBRY, BLDP, BVN, CMRX, IPCI, NERV, SCYX

22:24 | Permalink |

Stocks to Watch for June 02

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Minerva Neurosciences Inc (NASDAQ:NERV) is one of the hottest stocks in the market right now. The stock broke out to all time highs again and the volume was strong, signaling that this move should hold. This is generally a hot buy from a technical perspective and the short-covering will continue to power the stock higher. The momentum clearly favors the bulls.

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OncoGenex Pharmaceuticals Inc (NASDAQ:OGXI) is displaying upside momentum and is poised to move higher from these levels. Let’s see whether the stock can gather enough momentum to break through 1.07 tomorrow. If the Bulls are able to push through this level, there will be another rally towards 1.30. The uptrend continuation scenario is slightly more likely at the moment. Shareholders may remain invested with a stop-loss at 91c.

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Ballard Power Systems Inc. (NASDAQ:BLDP) seems to be a promising stock to follow. Thing to watch out for this stock is its resistance at 1.56, which if broken may give the possibility of it going to as high as 1.68.

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I have followed Relypsa Inc (NASDAQ:RLYP) for while and over the last weeks I never seen so many investors purchasing the stock. The volume over the recent days has dramatically increased. There are some days when the normal avg volume is reached in the first two hours of trading, which mean someone is accumulating a huge amount of shares for the coming weeks. The On Balance volume shows exactly this situation. If it breaks above 21.10, we can run to 25 easily. Keep RLYP on your screen for Thursday’s trading session.

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Illumina, Inc. (NASDAQ:ILMN) Watch for the break of its 50-day EMA, go long when it breaks.

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) is showing signs of of strength. The momentum indicators are giving a buy and are moving into a positive zone. The short-term outlook would remain bullish as long as the price holds above the stop-loss level of 1.69. The stock could move to the immediate target zone at 1.84-1.93

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: ARNA, BLDP, ILMN, NERV, OGXI, RLYP

22:21 | Permalink |

Stocks to Watch for October 12, 2015

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Celldex Therapeutics, Inc. (NASDAQ:CLDX) had been consolidating its recent run-up over the last 6 sessions, with the 12 level being lateral resistance. The stock broke above that level on Friday and looks poised to continue the uptrend. The MACD has crossed over and is diverging to the upside. The RSI is also pointing up supporting the move. With indicators pointing up, I expect it to test the 50-day EMA at some point over the next few sessions.

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Esperion Therapeutics Inc (NASDAQ:ESPR) has been basing after a steep decline from a high of over 50 to a low under 19. The stock, which rose 3.40% Friday to 24.96 is at a resistance level and may see an upside reversal off the base. From a technical standpoint, the MACD is also about to trigger buy signal which will be bullish and the RSI has bounced off of 30, a sign of an emerging uptrend. My target on a break above this level is the 30 area. Stop is 22.96.

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BlackBerry Ltd (NASDAQ:BBRY) has outperformed the market in the past week with a rise of over 16.9%. The share prices have since hit the 52-week low of 5.96 in late September recovered strongly driven by the smart money. Based on the weekly chart above, the MACD is once again curling up and should soon flash the buy signal. If stock history repeats and this pattern plays out in the bulls favor, we might see a rally towards 10 over the course of next several weeks. Please note: BlackBerry and Google will host a Webinar, Thursday October 15 at 11am ET to discuss the Android management in the enterprise with BES12 and Android for Work. It's the perfect catalyst for next week.

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Apple Inc. (NASDAQ:AAPL) closed up $2.62, or more than 2%, on Friday to 112.12. The move broke the stock out of a trading range and above its 20-day exp moving average of $111.84 on decent volume. A move above 112.28 (Friday's high) would confirm the breakout and point next to a target zone of 114.11 to 116.89. Daily technical indicators on chart are turning bullish. The MACD has moved up to touch its signal line in negative territory and RSI is about to cross up the 50% level. These signs indicate that the stock price may go up in coming days/weeks.

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Plug Power Inc (NASDAQ:PLUG) On Friday decisively broke out and closed above a key resistance zone with good volume, which is considered to be a bullish sign. Plus, all three major short-term EMAs are rising and the stock is trading above them, which means the bulls are back in control after a sharp correction. A continuation of the rally is likely, targeting 2.85.

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Ballard Power Systems Inc. (NASDAQ:BLDP) Go long when it clears 1.62 on volume. The daily technical chart still shows bullish sign as the stock is trading above 9,13,20,50 and 100 EMAs. The other technical indicators such as MACD and RSI also show buy signal as MACD is above 0 and RSI line is above the 50% level. Long setup.

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ITT Educational Services, Inc. (NYSE:ESI) is still holding up well here and the stock has a chance to move higher. Keep this one on your watch list, it could be setting up to break out of this triangle formation. Short squeeze candidate for next week. I believe there are lot of profits left on the table for traders to capitalize on.

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Verastem Inc (NASDAQ:VSTM) All bad news are priced in IMO. Furthermore, the company has a lot of cash at its disposal 132.09M ($3.58 per share) and zero debt. With the stock trading at extreme oversold conditions and momentum oscillators exhibiting positive divergences we can see a strong bounce back towards the 9day exp moving average where the stock might find some kind of resistance.

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, BBRY, BLDP, CLDX, ESI, ESPR, PLUG, VSTM

11:38 | Permalink |

Stocks to keep an eye on June 16, 2015

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Zulily Inc (NASDAQ:ZU) broke out of a small consolidation pattern on High volume and could eventually rally up to test its recent high. Looking at the daily technical daily chart the near-term outlook is positive. ADX is starting to point up. The Relative Strength Index is also moving higher, which is a sign of growing strength in the stock and MACD is also giving a positive indication. ZU will move quickly, so keep it on your screen on Tuesday.

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Ballard Power Systems Inc. (NASDAQ:BLDP) Could be a high flyer on breakout, look for a break and close above $2.5 to enter longs. Daily technical indicators are looking Bullish.

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Idera Pharmaceuticals Inc (NASDAQ:IDRA) I see a potential inverted head and shoulders pattern forming on daily charts. If the stock price breaks out of the neckline, target level is around $5.20. My model is mixed with upside bias. For now lets wait for that break out to occur.

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Cyberark Software Ltd (NASDAQ:CYBR) established a new 52-week high today of 71.86, however in the final hour stock retracted closing at $70.83. Overall technical indicators are still in Bullishs areas. Let's see if tomorrow stock will confirm intraday breakout.

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: BLDP, CYBR, IDRA, ZU

22:46 | Permalink |

Stocks to keep an eye on February 12, 2015

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Celldex Therapeutics, Inc. (NASDAQ:CLDX) had a moderate bullish momentum today. On daily chart above we can see that the bullish power failed to close above $20 level. However, the bias is bullish in nearest term targeting 21.70 resistance area. Immediate support is seen at 19 area. The stock continues to trade within an ascending channel with the lower and upper boundaries at 18.81 and 24.62 respectively. Accumulation line remains high.

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Ocean Power Technologies Inc (NASDAQ:OPTT) Nice rally today on high volume, lets see where it goes tomorrow. The stock crossed its 20-day exp moving average and the momentum indicators are attempting to turn up from oversold levels. The current rally should at least push the stock to 70c where the major resistance is. Note: The rising A/D Line shows accumulation.

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ReneSola Ltd. (NYSE:SOL) is a candidate to be traded in breakout mode. Looking at the daily chart above, indicators are looking better for the stock with MACD rising above its sell signal line and RSI indicator moving up above 50% level. This stock is one for the bottom pickers. Upside volume is picking up and a rounding bottom is taking shape. Keep an eye for a possible breakout over $1.44

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King Digital Entertainment PLC (NYSE:KING) The stock made an awesome move today breaking out of a major resistance line with volume backed confirmation. EPS tomorrow AMC.

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DENTSPLY International Inc. (NASDAQ:XRAY) broke through resistance at $51.39 accompanied with high volume. We should be able to see some decent upside movement for the bulls here.

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Shares of Ballard Power Systems Inc. (NASDAQ:BLDP) surged 60% or $1.02 to 2.71 per share on massive volume, after the company signed an $80 million deal to sell a fuel-cell patent portfolio to Volkswagen AG. The next key resistance levels are located at $2.91 and $3.12.

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: BLDP, CLDX, KING, OPTT, SOL, XRAY

23:00 | Permalink |

AC Investor Blog

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

Wednesday, September 13, 2017

My Watchlist for Wednesday, Sept 14

Wednesday, July 27, 2016

Stocks to Watch for July 28, 2016

Wednesday, June 01, 2016

Stocks to Watch for June 02

Sunday, October 11, 2015

Stocks to Watch for October 12, 2015

Monday, June 15, 2015

Stocks to keep an eye on June 16, 2015

Wednesday, February 11, 2015

Stocks to keep an eye on February 12, 2015

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