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Thursday, March 31, 2016 

Stocks to Watch for April 01, 2016

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Medivation Inc (NASDAQ:MDVN) looks strong enough to move forward. The stock broke up through the resistance at $42.75 (Declining 200EMA) on huge volume of over 16 Million shares. At this stage, further rally is still possible in next several days. The breakout signals a continuation of the prior advance. Bulls have the near-term technical advantage and gained fresh upside momentum today. Next resistance levels to watch are $48.8 and $52. The stock has the potential for a strong follow through, so watch it closely on Friday.

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Bank of America Corp (NYSE:BAC) had a bit of indecision on today's trading session and may be moving lower tomorrow. It's too early to say but the daily technical chart is displaying some bearish divergences on both the MACD and Slow Sto indicating that this stock could reverse course. The short-term uptrend line should be used as stop-loss.

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I'm still watching shares of PTC Therapeutics, Inc. (NASDAQ:PTCT) due to the recent price action, volume, and momentum. Despite the general market's weakness, the stock made an impressive turnaround and rallied almost 6% to close the day at $6.44. If the stock closes above $6.70, you could see a big turnaround in this stock.

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Infoblox Inc (NYSE:BLOX) remains high on my radar due to the recent run up on volume. The technical chart is still showing buy signal with stock trading above 20,50,100-day exp moving averages and MACD on top of 0. Keep an eye for a possible breakout over $17.30.

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Commscope Holding Company Inc (NASDAQ:COMM) The daily technical indicators are displaying good signs. Watching for a breakout soon.

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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

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Monday, November 02, 2015 

Stocks to Watch for November 03, 2015

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Aerie Pharmaceuticals Inc (NASDAQ:AERI) jumped 6.80% today finishing the session near the highs of the day on decent volume, suggesting buyers are stepping in. If the stock breaks today's high, the momentum could move stock to the 27.5 area.

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Himax Technologies, Inc. (NASDAQ:HIMX) breaks out of a small falling wedge pattern combined with a potential triple bottom formation, which could be signs of a bottom here for the stock. RSI is turning up and the MACD is forming a base for a sustained rally. The stock has all the potential to become a classic bounce play. I expect to see a strong upside move if the stock can break and close above the 6.16 level. Watch the stock closely on Tuesday.

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Sonus Networks, Inc. (NASDAQ:SONS) looks to have built a nice base and wants to make an upside move. If the stock can break through $6.85, we should see strong volume drive the stock higher. All indicators are in favor of an upward price movement. Add it to your watchlist.

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Infoblox Inc (NYSE:BLOX) started the day negative but turned things around to close up nicely on solid volume. The technical indicators are reversing up and are advocating for a technical rebound. The real fireworks should begin if the stock price can close above $17.07. As long as the stock can remain above the 15.9 level, I like the stock.

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BlackBerry Ltd (NASDAQ:BBRY) has become increasingly bullish and is currently consolidating in an attractive bullish pattern. A move past 7.55 would be a strong indicator of a further uptrend in the stock. I think the stock looks set to break higher on Tuesday. Keep it in your radar list.

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Goldman Sachs Group Inc (NYSE:GS) has been in a beautiful uptrend move since beginning of October. Considering the strong momentum in the past weeks the stock price looks set to break higher and rise above its 200-day EMA. Further strength above 191.96 opens the door to 200. Put her on your radar.

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

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Monday, August 11, 2014 

Stocks to Watch for Aug 12, 2014

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Tesla Motors Inc (NASDAQ:TSLA) showed buying strength all day. Waiting for a break above the 265 level for a long position. Short-term investors can hold the stock as long as it trades above $240

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Pandora Media Inc (NYSE:P) shares surged today amid takeover speculation. The stock closed at 26.38, up 4.23 per cent, with volumes of 11.6 million shares. I expect to see a strong upside move if the stock can break and close above the 27.15 level. Watch the stock closely on Tuesday.

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VirnetX Holding Corporation (NYSEMKT:VHC) looks like the stock is starting to turn back up and indicators are giving the first bullish signs. I am looking to see this stock re-test its June highs shortly. Looking at the technical chart the MACD has just cut above its signal line and the RSI is ready to break 50% level while rising. In addition, +DI is above –DI and ADX is beginning to bottom out. Keep this on your watchlist because the overall market sentiment on VHC is pretty bullish right now.

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Infoblox Inc (NYSE:BLOX) is starting to make a move to break through the top of its range. This is a good stock to watch and once it breaks through $12.58 on a close basis, it should move. The MACD is increasing and the stock has regained its position above the 20-day EMA. The nearest trend is in favour of Bulls and the stock price has room to go higher. Watch BLOX closely on Tuesday.

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RDX Technologies Corp (CVE:RDX) is looking attractive at current levels. Bottom's in IMO, expecting spike soon. The stock looks to have hit bottom in the 20c level showing huge bid support. I bought some shares today.

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BlackBerry Ltd (NASDAQ:BBRY) The daily chart shows a falling wedge developing since the 11.65 high, that generally resolves in a breakout to the upside. So watch this pattern closely. If the stock breaks, get on board for a big up 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

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Sunday, July 20, 2014 

Stocks to Watch for July 21, 2014

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Infoblox Inc (NYSE:BLOX) formed a Bullish Engulfing candlestick pattern on Friday, which is a bullish candlestick. As I've mentioned on Twitter, call options were very active, particularly the January calls with strike prices significantly above the current market. For the short term the stock should still continue to go up. A close above $12.70 would have positive implications and could push the stock to the 13.47-14 range. With technical indicators showing positive divergences and options traders buying calls, we might see some nice bounces from current level.

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SanDisk Corporation (NASDAQ:SNDK) The post-earnings selloff led to Sandisk stock breaking a three-month uptrend in a day by a good amount of selling. Technicals are indicating bearish trend. We might retest support at 100-day EMA in the next few days.

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Plug Power Inc (NASDAQ:PLUG) surged in the final hour of trading Friday and closed back over $5. The real fireworks should begin if the stock price can close above $5.25. As long as the stock can remain above its 50-day EMA, I like the stock.

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RF Micro Devices, Inc. (NASDAQ:RFMD) broke to a new 52 week high Friday. The volume was what we want to see when a stock breaks resistance. Let the 50-day EMA (yellow line) be your guide.

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Vipshop Holdings Ltd (NYSE:VIPS) The break of the key resistance line with heavy volume should be the next buy point. Daily technical indicators are bullish.

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Shire PLC (NASDAQ:SHPG) remains very strong. She's extended but no one seems to care. I would wait for a little more consolidation before jumping in, but it looks like SHPG is a stock to keep an eye on for awhile. So, I will be watching her carefully for any possible opportunities.

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

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Wednesday, February 20, 2013 

Watchlist for Thursday, February 21

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Uranium Energy Corp. (NYSEAMEX:UEC) has a chart set to breakout. Today, the stock traded more than 1.5 million shares, three times higher than average and ran as high as 6% from Tuesday’s close. I strongly believe this bullish momentum to continue into tomorrow’s trading session. From a technical standpoint, the stock has an up trending MACD, indicating potential accumulation and an up-trending RSI at 65 indicating room for potential further gains. In addition, the accumul/distrib line shows a significant uptrend and OBV reveals very strong buying pressure. UEC needs to be at the top of your watch list tomorrow.


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Research In Motion Ltd (NASDAQ:BBRY) Symmetrical triangle still holding on the daily, no clear indication of direction yet. However, there are some negative divergences in the daily indicators, showing signs of some weakness. So, $13 is a key support level to keep an eye on.

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General Dynamics Corporation (NYSE:GD) is testing a resistance line in the 67.12 area, a break of which could signal a trend reversal.

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Infoblox Inc (NYSE:BLOX) New bullish MACD cross has occurred on the daily chart. Breakout watch over $20

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Netflix, Inc. (NASDAQ:NFLX) Some technical indicators are showing some weakness. Bearish MACD crossover on daily chart today.

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

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About Me

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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