AC Investor Blog

Tuesday May 29th Watchlist

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BlackBerry Ltd (NYSE: BB) has been consolidating in a flag formation over the last three weeks after a strong rally since the beginning of the current month. On Friday, the stock broke out of the flag pattern and closed up 18 cents to $11.75 on solid volume. A move above 11.88 would confirm the breakout and could lead to 12.51 initially and then 13.18, my secondary target. Technicals are showing bullish signals supported by positive RSI and MACD indications.

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Infinity Pharmaceuticals Inc. (NASDAQ: INFI) remains high on my radar for this week. Phase I (IPI-549 + Nivolumab – Solid tumors) data will be presented at ASCO in June 4, Abstract 3013. Technically, the stock might attempt to breakout above the $2.07 level and if it succeed we should expect a strong move to the upside. Long setup on watch.

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Neuralstem, Inc. (NASDAQ: CUR) Price should become explosive if this trendline is broken to the upside on volume. From a technical standpoint, the stock has an up trending MACD, indicating potential accumulation and an up-trending RSI at 48 indicating room for potential further gains. CUR needs to be at the top of your watch list.

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Adomani Inc (NASDAQ: ADOM) had a strong bounce from the support in the $1.05 area (EMA50) on heavy volume. Friday’s high is resistance for a follow through move on Tuesday.

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Ekso Bionics Holdings Inc (NASDAQ: EKSO) is testing an important short-term resistance level (EMA13). The MACD Hist is giving bullish divergence signals and there are increased chances of a start of a new upward move that can bring the price towards 1.85 (EMA200).

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OpGen Inc (NASDAQ: OPGN) had another very productive day as we saw gains of over 11% and I believe it has more room to run. The short-term outlook remains positive for the stock. The stock finds an immediate resistance at 2.25 and support at 2 followed by 1.87

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Cara Therapeutics Inc (NASDAQ: CARA) broke out to new 52-week highs on Friday and I'm expecting to see the stock continue this move on Tuesday. As long as the stock stays above the $15 area, the bullish scenario is still intact.

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This "Bullish flag" formation on hourly indicates a healthy consolidation. Watch for a break higher. Stop 22.35

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Shares of Viking Therapeutics Inc (NASDAQ: VKTX) are starting to heat up and are worth watching. If volume can pick up I think this stock can break through resistance around 5.58 and re-test its February highs.

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Roku Inc (NASDAQ: ROKU) Keep an eye on this one, looks poised to break out and run higher. Bulls have upside technical momentum.

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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: ADOM, BB, CARA, CUR, EKSO, INFI, IQ, OPGN, ROKU, VKTX

19:58 | Permalink |

My Watchlist for Monday, Aug 07

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Cryptocurrencies are ripping higher again ($BTC.X bitcoin hit a new all-time high above $3300) and you should keep an eye on MGTI stock next week. This company is growing its capacity in mining Bitcoin, producing about 100 Bitcoins per month, ranking it as one of the largest U.S. based Bitcoin miners. This play is viewed as one of those potentially quick moving, volatile momentum plays. The stock has the technical setup that most aggressive traders dream of. The daily technical chart shows possibillity of a new rally as the stock is trading above 50 day and 200 day exponential moving average while 50 day exponential moving average is about to cross above 200 day exponential moving average to form a very bullish buy signal, the Golden Cross. In addition, with MACD above 0 and showing signs of turning up again, a major rally is probably coming. If it breaks above the recent high of $1.45 then I could see this stock moving to $2.25 and then $2.84. The stock closed Friday at $1.14 and has a 52-week high of $4.04. I still holding a strong position in this company because i trust in the project of John McAfee. It is my honest opinion, nothing more. Note: MGTI trades in the OTC Market.

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NVIDIA Corporation (NASDAQ:NVDA) Keep this one on watch, it could be setting up to break out of this large consolidation. Go long when it breaks on heavy volume. The rising EMA50 should be used as stop.

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Sierra Oncology Inc (NASDAQ:SRRA) Continuing to watch as it tests this old resistance area. If the stock breaks the $1.52 level the first target is $1.68 followed by $2.05. The accumulation line still rising.

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Intrepid Potash, Inc. (NYSE:IPI) is looking absolutely wonderful. Next buy point when it breaks out to new highs.

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I had 22nd Century Group Inc (NYSEMKT:XXII) on my watchlist a few times this month and Friday it broke out in impressive fashion on volume expansion. Watch for continuation. Next immediate resistance is 2.54

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Cara Therapeutics Inc (NASDAQ:CARA) Setting up to clear this resistance area, keep on watch.

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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: Bitcoin, CARA, IPI, MGTI, NVDA, SRRA, XXII

07:50 | Permalink |

My Watchlist for Monday, March 06

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Snap Inc (NYSE:SNAP) Based on the first two days of trading and using the 5 minutes time frame we can see that the stock is now moving in a flat market structure stuck within a trading range of 26.5 (support) to 27.5 levels (resistance). Only a break of this trading range will signal the next significant move.

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MGT Capital Investments Inc. (OTCMKTS:MGTI) is back and with a vengeance! Based on the recent volume, we can all see that the interest for MGTI is evident. The stock continues to show room to run after have broken the downtrend line in late February. On Friday, it closed with an impressive gain of 20c (19.05%) to end the day at $1.25, extending its weeklong rally. It looks like there could be a short squeeze in the making that could possibly push MGTI to higher levels again. Next major resistance lies around the 1.50 area. If we break that level stock could see $2.8+ in next few days/weeks. MGTI is a bitcoin play.

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MYOS RENS Technology Inc (NASDAQ:MYOS) this stock should be in your watchlist again next week after has found a strong support in the 2.90 area. This company announced last week that will introduce a new line of muscle-health products this month, which could be a good catalyst for the next up leg. MYOS is a pure momentum play, but it also shows that it could possibly be a good play to follow this month. As the short-term trend is upwards, I favour an eventual topside breakout from the $3.10 level over the coming sessions. Might be worth watching for a new move to the upside. Im long.

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Interpace Diagnostics Group Inc (NASDAQ:IDXG) Could be Set-Up for another Short Squeeze. The stock has been forming a nice base at just under $3 and the technicals are starting to look bullish again. Plus, the volume has started to expand again while the stock price is showing upside breakout of the base which could be a beginning of bulls participation. Trading at $2.88 IDXG has potential for a Breakout. On watch.

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Keep a close eye on Eyegate Pharmaceuticals Inc (NASDAQ:EYEG) next week. I think in the short term it could see $3.50 but let's see a test and close above of $3 first. On watch.

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Cara Therapeutics Inc (NASDAQ:CARA) had a nice move on the upside Friday and looks like it wants to go higher. Resistance stays at $18.13, which is a big area that the stock needs to break and close above.

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Community Health Systems (NYSE:CYH) continued its bullish momentum on Friday closing the session with a gain of 6.35% at $9.72. Immediate resistance remains around 9.80. A clear break above that area (ascending triangle pattern) could trigger further bullish pressure testing the EMA200. Momentum indicators also point to continuation of positive bias.

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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: CARA, CYH, EYEG, IDXG, MGTI, MYOS, SNAP

16:50 | Permalink |

My Watchlist for Thursday, September 08

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Kitov Pharmaceuticals Holdings Ltd (ADR) (NASDAQ:KTOV) Share price broke long term downtrend line on massive volume today, closing the session slightly below the declining 50-day exponential moving average. The company announced today that will present data from a U.S. Market Assessment of its patented lead drug candidate KIT-302 at the 18th Annual Rodman & Renshaw Global Investment Conference. This conference is being held during September 11-13, 2016, at the Lotte New York Palace Hotel in NYC (Next week). Therefore, i think we will see more gains in the next two sessions. The stock hit a high of $3.37, which is now resistance for Thursday’s continuation move. If the stock can break through resistance, we should see another strong upside move. KTOV will move very quickly, so watch the stock closely on Thursday and Friday.

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MGT Capital Investments Inc. (NYSEMKT:MGT) Nice spike up on strong volume today. The stock has started a steady stream of news/volume that seems to be bringing new investors to the stock. Based on technical reasons, there is a near-term to midterm opportunity for shares of MGT to rebound to higher levels. From a technical standpoint, the daily technical chart looks Bullish with both 20, 50 and 200 daily exp moving averages going up and MACD on top of zero. I'd stay long and keep a stop just below the 50-day EMA. If it breaks the 4.59 level we could test the highs from mid-May. Keep MGT in your watchlist.

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Cara Therapeutics Inc (NASDAQ:CARA) Watching for $6.17 breakout. All indicators are in favor of an upward price movement. The daily MACD is about to flash a bullish crossover while the RSI has regained the 50 level for the first time this month. This momentum could push this stock much higher from here, so keep the stock on your radar for Thurday’s trading day, as there is good upside potential in this move.

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CarMax, Inc (NYSE:KMX) Worth eyeing, a high volume move through the 60.81 price level would be buyable.

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Minerva Neurosciences Inc (NASDAQ:NERV) added to my swing long list. Potential swing long above 13.70

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Quorum Health Corp (NYSE:QHC) Added to my swing long watch list, a potential gap fill candidate.

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: CARA, KMX, KTOV, MGT, NERV, QHC

22:24 | Permalink |

Good Setups to watch for the week ahead

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Cara Therapeutics Inc (NASDAQ:CARA) could be starting another rally as there is tremendous support in the stock (short-term EMAs) and some serious buying coming in. The price has been in a bullish flag formation off its sharp rebound rally since the mid-May lows and it is now near the top of the sideways channel in the 6.42 area. A break through that top would lead to a next test of the 7.8/8 resistance zone. Among oscillators, the MACD is in buy mode and RSI is at 56 levels indicating strength in the current uptrend. If it breaks 6.42 the stock will absolutely fly into the 7's right away. Keep it on your watch list going forward. Could be a high flyer on breakout.

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Twitter Inc (NYSE:TWTR) The selloff seen earlier this month appears to be coming to an end, with the price closing above the declining 20-day EMA on Friday. As such, I would be looking for a move back to $14.68 as a good buying opportunity. The stock has a gap and the 50-day EMA resistance above. However, as long as the price holds up above $14.67 level (20EMA), we are likely to resolve this short-term range to the upside rather than the downside. The MACD and stochastic point towards a push higher. Watch the stock closely on Tuesday.

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Macy's, Inc. (NYSE:M) made a strong move to the upside and closed above the 20-day exp moving average for the first time since April accompanied with high volume. I think we will see some nice follow through on Tuesday. Daily technical indicators show RSI heading up while macd is also rising. Note, prices are also inside the daily EMAs with the 20-day EMA an immediate resistance. The next major resistance area is around the mid $34 range. Plus, M also saw unusual call activity. Keep it on watch.

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OHR Pharmaceutical Inc (NASDAQ:OHRP) Consolidating / basing under resistance the 50-day EMA. Insiders are buying a lot of shares at current levels. They must know something positive about the company. From a technical standpoint, the MACD is slowly turning up forming a buy signal. RSI is growing and also giving a buy signal. Watch for a break through the 3.24 price level to indicate that another push higher will occur. Keep it on watch.

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Office Depot Inc (NASDAQ:ODP) showing signs of bounce coming MACD cross. The stock is on the verge of breaking out and it could happen very soon. At this stage it is definitely a wait and see if the resistance will be easily taken out by the bulls. 3.56 break out watch.

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) showed buying strength all day on Friday. We start to see some signals of rebound as the daily technical chart shows positive momentum is back. If stock breaks 7.51 then the stock can head to 7.84 and if this level is breached then the level of 8.36 is visible. I think its worth adding to your watchlist.

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) jumped 13c or 8%, Friday to close at 1.75, slightly below the declining 100-day EMA. A minor resistance is expected here but if that resistance fails, the further gains towards $1.85 will be expected. Technical indicators are looking bullish. The RSI is moving up and above its 50 level. The Slow Sto continues to trade in the positive zone and the MACD is also turning up. Overall my short-term view remains neutral till a decisive break above $1.80 takes place. On watch.

On the Stockal-front, I see that a lot of my readers have downloaded the app and are using it regularly. Do tell how useful you find it and how the founders of Stockal can make it better for you. The app has seen very good traction with nearly 3,000 downloads in the last few weeks and very good traffic on their website as well. Now Stockal has launched a data-driven website too. You can find trending stocks, search for whatever stocks you are interested in and get interesting decision-support signals such as Analyst Confidence Meter, Avg Target Price, Social Media Pulse, Revenue Prediction and Stock Sentiment - all in one place. You can also read tons of reports, latest news articles and social media conversations for many-many stocks. But if you download the app, you can do all this AND you can also create watchlists, chat with your investor friends and share articles/information with them to create investing strategies. So get their iOS app or experience their website with stock insights at Stockal before downloading their iPhone or Android apps.

Have a wonderful long weekend everyone !!

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, CARA, M, ODP, OHRP, TWTR, ZIOP

09:18 | Permalink |

AC Investor Blog

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

Monday, May 28, 2018

Tuesday May 29th Watchlist

Sunday, August 06, 2017

My Watchlist for Monday, Aug 07

Saturday, March 04, 2017

My Watchlist for Monday, March 06

Wednesday, September 07, 2016

My Watchlist for Thursday, September 08

Saturday, May 28, 2016

Good Setups to watch for the week ahead

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