AC Investor Blog

Stocks to Watch for February 26, 2016

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Plug Power Inc (NASDAQ:PLUG) broke out of a pennant consolidation pattern to the upside today and is likely headed much higher. I'll be watching the stock on Friday, looking for a follow through move. As long as the stock stay above $1.85, the bullish scenario still intact. Looking at the daily technical chart the stock is trading above all of three major short-term EMAs and the MACD is rising. The short-term uptrend is intact and signals further bullishness on this stock. Further rise is expected to retest the 200-day EMA.

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Teleflex Incorporated (NYSE:TFX) closed at $142.99, an increase by $10.53 or 7.95%. During today's trading session, the stock recorded a new 52-week high at $143.69 with a trading volume of 1.98 million shares. This looks to be a good breakout, so watch the stock very closely over the next few trading sessions.

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Shares of Baytex Energy Corp (NYSE:BTE) are starting to heat up again and are worth watching. If volume can pick up I think the stock price can break through resistance at $2.22 and re-test its declining 50-day EMA.

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If Flextronics International Ltd. (NASDAQ:FLEX) can break out above $10.86 (200EMA) with heavy volume, I think the stock could shoot up to test $11.50 area. There looks to be good upside potential, so watch the stock very closely on Friday.

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Charter Communications, Inc. (NASDAQ:CHTR) Breaks the downtrend line in place since Nov. with a huge candle on the highest volume in almost a month. The stock hit a high of $183.62 for the day, which is resistance for Friday’s follow through move. Keep the stock on your radar since it could make a solid move upwards.

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PTC Therapeutics, Inc. (NASDAQ:PTCT) did make a sharper move upwards during today's market and closed up almost 8% from yesterday's close after rumors that Sanofi SA may bid for the company. In short-term we could see a continuation of the bounce.

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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: BTE, CHTR, FLEX, PLUG, PTCT, TFX

22:18 | Permalink |

Lots of great setups for next week

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Lion Biotechnologies Inc (NASDAQ:LBIO) definitely broke the downtrend channel and closed above the 9 & 13 EMAs for the first time since mid-July. Looking at the daily technical indicators, the momentum oscillators have now turned higher and especially the Slow stochastic indicator has issued a buy signal. Plus, the MACD and CMF show increasing upward momentum on daily chart and rising volume inflow. If momentum continues as I expect next week, there are lot of profits left on the table for traders to capitalize on. The price can move up to $8/8.50 in the short-term. This stock is on High alert for Monday.

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Baytex Energy Corp (NYSE:BTE) finally closed back above the $5 level Friday on strong volume. The stock was trading as high as $17 back in June and it appears that a massive potential bounce could be imminent. The RSI has just reversed off the 20% line and the MACD had a positive crossover. These two momentum indicators along with the rising STO is signalling that smart money has started to re-enter the stock. Plus, there was a steady increase in volume towards the end of the day, leading me to believe this stock is starting to attract some serious attention again. Stay tuned.

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BlackBerry Ltd (NASDAQ:BBRY) With a high short interest ratio (short interest/average daily volume) of around 21.03 (days to cover) this stock is at the perfect price where positive news could send it on a big run. Volume is starting to pick up again and there could be a decent short covering if it clears next week the $7.50 level.

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GoPro Inc (NASDAQ:GPRO) I think the stock may have bottomed and could be poised for a bounce back next week. Looking at the daily technical chart MACD-histogram is sloping up, indicating that the "bears" are losing momentum and RSI has just bounced off the 30 line (extreme oversold territory). If the stock price breaks the $50 level in the next sessions momentum traders are likely to send the stock up to $54.5 (100EMA). Keep it on your watch list going forward.

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Very bullish action on Lifelock (NYSE:LOCK) Friday. The stock made a very significant move in the last trading session closing above its 20-day EMA which could be signs of a bottom for the stock. Supporting this bullish bias are the technical indicators MACD, RSI and Slow Sto all showing buy signal. The stock seems to be forming a potential rounding bottom pattern and its neckline is around 8.60. A close above this area would have positive implications and could drive the stock up to $10-10.64 in the short-term.. Keep the stock on your radar.

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The area comprehended between $9.8 and $10 represents a heavy resistance for shares of Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA). A close above this key resistance area would have positive implications and could drive the stock much higher. Keep the stock on your radar.

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) rallied with the market last week but the bounce stalled around the 9-9.30 level, which was a strong support for stock in the past now resistance. Short-term technical indicators are improving and the MACD shows a possible bullish crossover. If the stock can break above this key resistance area, it's worth a trade. ZIOP will move very quickly, so keep a very close eye on the stock.

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, BBRY, BTE, GPRO, LBIO, LOCK, ZIOP

08:56 | Permalink |

Stocks to keep an eye on January 23, 2015

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United States Steel Corporation (NYSE:X) has broken to the upside out of its declining channel. Daily resistances can be found at 23.37 (EMA13) and 24.12. Many tehcnical indicators are also bouncing off their lows as you can see on chart, which looks encouraging.

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First Solar, Inc. (NASDAQ:FSLR) I'm seeing a potential falling wedge pattern with a nice positive divergence on MACD, and they often break to the upside. A close above 42.55 should be enough to trigger a rally towards the 44 level. The recent bounce remains intact as long as the daily support at 40 holds.

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DryShips Inc. (NASDAQ:DRYS) A break through the top of the wedge at 1.05 could lead initially to 1.36, the recent high. The daily MACD is also diverging positively, suggesting a recover is just ahead.

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Baytex Energy Corp (NYSE:BTE) surged in the final hour of trading closing slightly higher. The real fireworks should begin if the stock price can close above $15.43. Keep it on your watch list going forward.

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Plug Power Inc (NASDAQ:PLUG) broke out of a base pattern with high volume, creating a significant amount of bullish potential. The area comprehended between 3 and 3.15 represents a heavy resistance for shares. Any close above this area, would have positive implications and could drive the stock much higher. Keep the stock on your radar.

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VirnetX Holding Corporation (NYSEMKT:VHC) had a pretty good rebound on price accompanied with volume. On the technical daily chart above, we can see a few technical signals suggesting that a swing higher may be in the cards. First, the MACD is displaying a new bullish crossover. At the same time, we see that the daily stochastics are showing positive momentum from oversold levels, which should reinforce a move higher if near-term resistance at $5.65 is taken out. Finally, The RSI is starting to bounce back from oversold territory. I feel there will be an upside move very soon, which is why I continue to follow this stock. The near-term upside objective is at $6.8. It's a short squeeze candidate with a short ratio of 11 (days to cover).

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: BTE, DRYS, FSLR, PLUG, VHC, X

22:44 | Permalink |

8 stocks to keep an eye on January 20, 2015

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Baytex Energy Corp (NYSE:BTE) The stock price has given a trend line breakout on daily chart on closing basis, which confirms the bull trend in the short-term heading for immediate target of 17.14-18 levels. Plus, closed above the 20-day exponential moving average for the first day since September 2014, a good sign for the bulls. Oscillators like RSI and MACD too supports bullish momentum.

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Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) The stock has been trading in a consolidation range last four weeks and finally witnessed a technical breakout on the daily chart, which confirms the bull trend in the prices. The RSI too indicating a break from the horizontal trendline, which adds to the short-term bullish view. Next major resistance lies at 48.73 (200EMA).

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Novavax, Inc. (NASDAQ:NVAX) stock has witnessed a major break above the horizontal resistance at 6.50 on closing basis, which confirms the bullish move ahead. Plus, the breakout volume was also high as you can see on the chart. Oscillators such as MACD is very bullish and indicates further uptrend. The long-term resistance is at $6.95 (February 2014).

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) continues consolidating just above the 200-day EMA. The overall chart pattern for the stock remains bullish. As long as the stock stays above 4.70 horizontal support, we would stay away from short positions. Any retest of this level should be used to initiate longs.

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FireEye Inc (NASDAQ:FEYE) Looking at the technical chart above the stock bounced off the 100-day EMA of the recent bull move. CMF still positive, so my bias is Bullish. RSI is showing positive divergence. Short-term investors can hold the stock as long as it trades above this support.

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International Paper Co (NYSE:IP) A new buy signal was given yesterday. The stock broke the bullish flag formation on daily chart and i believe that the stock will continue to rally. Plus, MACD also crossed above the signal line. Long setup.

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FedEx Corporation (NYSE:FDX) has broken out of a downtrend line that represented a pause in its October rally from 148.64 to 183.30. Plus, the technical indicator MACD also flashed a new buy signal. Watch for a possible move next into the 180 zone.

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Citigroup Inc (NYSE:C) History could repeat itself if the stock holds the $46 level in the coming days. Friday's close could have marked a bottom. This could be the start of a bounce like we had in February of 2014 and the extreme oversold conditions will also help. As i said on twitter, i went at 46.90.

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: ARNA, BTE, C, crzo, FDX, FEYE, IP, NVAX

15:25 | Permalink |

6 stocks to keep an eye on January 9, 2015

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Twitter Inc (NYSE:TWTR) surged almost 5% today on solid volume. The stock faces a key resistance around 39.5/39.75 which needs to be breached for a rally to $42 levels. Only a break of this zone will decide the stock’s next medium-term trend. The technical indicators such as MACD and RSI on the daily chart are displaying positive divergences, implying a possible trend reversal.

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Unilife Corp (NASDAQ:UNIS) surged almost 7% on relative high volume. This rally has strengthened the short-term uptrend of stock that has been in place from the mid-December. The technical indicators in the daily chart feature in the bullish zone, showing strong optimism. The stock looks poised to test and possibly exceed the recent high.

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OXiGENE Inc (NASDAQ:OXGN) advanced nearly 2% today with above average volume after Sabby Management reported an 9.99% stake, reinforcing its short-term bullish momentum. Looking at the technical chart, the RSI has re-entered into the bullish zone and MACD is moving higher in line with the price, implying upward momentum. Above 1.80 look for further upside with 2.15 & 2.27 as targets.

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Skyworks Solutions Inc (NASDAQ:SWKS) Worth eyeing. Poised to breakout to new highs.

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Baytex Energy Corp (NYSE:BTE) is basing for a move higher. Last session, the stock jumped 3.31 per cent accompanied with good volume, closing slightly below the key pivot point at the 14.89 level. A strong break above this level will be bullish and can push it higher to 16.5 levels.

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Facebook Inc (NASDAQ:FB) shares bounded up about 2.7 percent with good volume from key base level. It's seen from the daily chart that the stock has been in a medium-term uptrend from its October 2014 low of 70.32. Tomorrow, i expect this up move to prolong and reach my price target of 80 or 82 in the sessions ahead. My stop loss is located at 75.26, just below the trend line.

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: BTE, FB, OXGN, SWKS, TWTR, UNIS

23:02 | Permalink |

Stocks to Watch for December 18, 2014

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KBR, Inc. (NYSE:KBR) The technical hart looks like it has bottomed here. The stock broke out of a falling wedge formation today and such a breakout indicates a bounce towards the $17 level. The momentum indicators are also turning up.

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Revolution Lighting Technologies Inc (NASDAQ:RVLT) has been flagging bullishly in recent days after a huge upmove earlier this month from sub1 to 1.30 area, and is now on the verge of breaking out above resistance in the 1.35 area. A move above that level would position the stock to test its 100-day EMA located at 1.72. The technical chart shows a continuation of the trend with MACD and RSI rising.

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Plug Power Inc (NASDAQ:PLUG) had a strong bullish momentum today. The bias is now slightly bullish in nearest term but I'm not in a bullish mode. If the stock can stay above $2.75, then it has potential to rebound to $3.22 resistance inicially then $3.60.

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Baytex Energy Corp (NYSE:BTE) Nice runner from the buy list. This chart looks good but I took some profits today.

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Skyworks Solutions Inc (NASDAQ:SWKS) is getting closer to a major break-out so keep an eye on her and wait for a close over 71.34 to enter long.

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FARO Technologies, Inc. (NASDAQ:FARO) I see a potential cup and handle formation on daily. Breakout watch over 59.35

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Iridium Communications Inc.(NASDAQ:IRDM) looks very bullish on charts. The stock broke out above the downtrend channelling trading range with decent volume. Technical indicators are also supporting the bulls. The MACD crossed above the signal line, RSI is moving up & above its 50% level. EMAs are moving up and Stochastic is also moving up and above its 50% level.

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: BTE, FARO, IRDM, KBR, PLUG, RVLT, SWKS

22:16 | Permalink |

AC Investor Blog

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

Thursday, February 25, 2016

Stocks to Watch for February 26, 2016

Saturday, August 29, 2015

Lots of great setups for next week

Thursday, January 22, 2015

Stocks to keep an eye on January 23, 2015

Saturday, January 17, 2015

8 stocks to keep an eye on January 20, 2015

Thursday, January 08, 2015

6 stocks to keep an eye on January 9, 2015

Wednesday, December 17, 2014

Stocks to Watch for December 18, 2014

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