AC Investor Blog

Stocks to keep an eye on July 17, 2015

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Micron Technology, Inc. (NASDAQ:MU) I'm accumulating long positions again in the range of 19.25-19.50 levels for an immediate target of 21 levels. With the stock price showing signs of bounce back, I believe that a short covering rally a short covering rally may be near. Watching action closely up here.

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Asterias Biotherapeutics Inc (NYSEMKT:AST) broke out of a rounding bottom pattern and the volume spiked along with strong move, sign that a new trend could be in play. The bullish break out of the neckline gives an upside target of 6.5 and higher. From the daily technical chart, MACD, RSI and KD both signal positive strength.

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Career Education Corp. (NASDAQ:CECO) Wants to breakout. 3.51 is short-term resistance. Technical chart speaks for itself (positive divergences) and unusual Aug $4 call options lately. Looks like a bounce is on cards.

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Seres Therapeutics Inc (NASDAQ:MCRB) showed a lot of strength again on Thursday. The stock has broken out above a consolidation pattern and looks to me like it wants to test the highs at 51.40. The intermediate consolidation formation and the subsequent breakout has opened up the next short-term upside. Long setup.

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: AST, CECO, MCRB, MU

22:08 | Permalink |

Stocks to keep an eye on July 16, 2015

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OHR Pharmaceutical Inc (NASDAQ:OHRP) strong enough to say and the "Bulls" are back. The stock finished the day up 26.61% on huge volume of over 18 million of shares exchanging hands on the day. Great volume and a 26.6% gain on the day makes the stock a clear and easy winner. Looking at the daily technical chart above I’m extremely confident that the gains will continue and the 200-day EMA is the next target. The stock appears to be under strong accumulation. The MACD momentum has turned positive and A/D is on a strong uptrend which when combined with the strengthening MACD could spell a strong move for the stock. Stay tuned.

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ITT Educational Services, Inc. (NYSE:ESI) traded nicely today and I am looking for continuation of the upward direction tomorrow. This stock is a short squeeze candidate, with a short float at 65% equivalent to 9 days of average volume. From a technical standpoint, the daily technical chart shows that the stock is in a rally as %K line is rising on top of %D line as the price is back above the short-term EMAs. The MACD is turning up. The RSI is also rising along with the rise in volumes, which indicates buying interest in the stock. In addition, the stock seems to have broken out on the upside from a falling wedge pattern and probably might target its 100-day EMA in short-term around $5.25 or so. Can get interesting. Keep close eye on this one for a major rally to the upside.

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SanDisk Corporation (NASDAQ:SNDK) The technical indicator MACD is starting to look like it may cross very soon, which indicates momentum is shifting towards the upside. Keep this on your watchlist. Im long.

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I have been watching Career Education Corp. (NASDAQ:CECO) over the past few days, waiting for a possible upside move. The stock seems to have found a strong support at present levels. The technical indicators are improving significantly. The slow stochastic has moved above the 29% level and MACD signal line crossed over to the upside. CECO could have good upside potential, so watch the stock closely.

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Prima Biomed Ltd. (NASDAQ:PBMD) looks about ready to pop here! The price needs to break today's high of $1.64 to expect a strong rally at this point.

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BlackBerry Ltd (NASDAQ:BBRY) As you know, I like this stock for a long-term hold. It's part of my portfolio and I intend to stay with it. Calling the bottom is always difficult, but based on the daily technical chart above we might have seen the bottom. It's noteworthy that the MACD has finally crossed over and %K line has just crossed on top over %D line showing buy signal. Resistance stays at $8, which is a big area that the stock needs to break. Watch BBRY again on Thursday, and once it breaks resistance we should see a strong upside move. You should keep this stock on your screen radar.

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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: BBRY, CECO, ESI, OHRP, PBMD, SNDK

22:45 | Permalink |

Stocks to keep an eye on July 13, 2015

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Career Education Corp. (NASDAQ:CECO) got a nice boost during the session on Friday, as the stock gained more than 2% for the day on decent volume. I saw unusual options activity in the August $4 calls. The surge in call options activity could signal bullish sentiment. Plus, some technical indicators are also turning up. MFI is trending upwards (Positive money flow) and MACD Histogram is sloping up (pos divergence), indicating that the bears are losing momentum. A breakout and hold above the 3.35 resistance level next week will take the stock towards the next target of $4.

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Rambus Inc. (NASDAQ:RMBS) has been in a steep correction over the past few weeks that has shaved off 15% of its value. Daily technical chart shows oversold readings on short-time frames, probably indicating a short-term rebound. At this point, my focus remains on the bullish reversal scenario showed by the last white candle. If it breaks this steep descending trendline on strong volume, then I'm in.

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Facebook Inc (NASDAQ:FB) broke out to the upside of the flag formation, closing above $87 level. Because of this, I feel that this stock is ready to go towards its next target of $90 level. On the downside, 85/86 would act as strong support if correction is seen.

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XOMA Corp (NASDAQ:XOMA) broke out of a bullish horizontal resistance line Thursday on a large increase in volume. This bullish breakout suggests more medium-term upside. Although the MACD indicator suggests that the medium-term uptrend momentum is still intact, which favors a stable and sustainable move, there could still be a near-term pullback next week as the RSI is near overbought levels once again. As such, there could be a retest of the breakout zone which would serve as a confirmation. But for now, this stock looks like a nice potential play for an aggressive trader.

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Virgin America Inc (NASDAQ:VA) closed the week back over their 50-day EMA on solid volume. For further continuation of the uptrend price should break and close above Friday’s high heading toward next possible resistance level at 29.70

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ITT Educational Services, Inc. (NYSE:ESI) has been trading in a high volatility period, making Higher highs and Higher lows. Judging from the slow stochastic oscillator, we could see renewed run-up next week.

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: CECO, ESI, FB, RMBS, VA, XOMA

18:17 | Permalink |

Stocks to Watch for October 15, 2013

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Career Education Corp. (NASDAQ:CECO) broke out of an important consolidation area with a long white candlestick and will likely have the attention of the swing traders and investors in the next days. This new rally should at least push the stock to $3.26

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Very good strength on Hutchinson Technology Incorporated (NASDAQ:HTCH) today. On the technical daily chart, we can see a few technical signals suggesting that a swing higher may be in the cards in the short-term.

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Avalon Rare Metals Inc (NYSEMKT:AVL) Still holding its 50-day EMA. Slow Stochastic triggered a new buy signal today. Watch for a new leg up here.

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Himax Technologies, Inc. (NASDAQ:HIMX) We're getting closer and closer to a resolution of this symmetrical triangle. Watch and play accordingly.

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Intel Corporation (NASDAQ:INTC) is gaining momentum again. The stock has made a nice bounce off of the lows that were posted earlier this month and continues to trade over the 50-day and 200-day exp. moving averages, which is a positive sign. The current rally should at least push the stock to 24 per share where the major resistance is. MACD crossover 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

Labels: AVL, CECO, HIMX, HTCH, INTC

22:29 | Permalink |

Stocks to Watch for June 11, 2013

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First Solar, Inc. (NASDAQ:FSLR) broke out from a small symmetrical triangle with a target price level of around $63. The momentum clearly favors the bulls. Long positions may be considered on price weakness, with a stop-loss at $51.63.

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Xerox Corporation (NYSE:XRX) looks good to make an attempt up over the recent higher at 9.38. Technical indicators are bullish. The MACD has crossed above its signal line, and both are still positive. Slow stochastic has climbed up from its neutral zone to the 75% level and the RSI has moved above its 50% level.

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SolarCity Corp (NASDAQ:SCTY) has been losing momentum recently, if it breaks below the pivot point of $35 the picture could get ugly very quickly. Technicals are beginning to look bearish.

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Career Education Corp. (NASDAQ:CECO) is consolidating and looks like it is getting ready for another leg higher. Buy point is at 3.27.

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Pandora Media Inc (NYSE:P) a close above $16 could spark a nice short-squeeze. The stock is displaying upside momentum again and is poised to move higher from these levels. Nearest resistance for the stock is at $15.76. If this level is crossed and the stock is able to sustain above this level, then it might go to $17. On the downside, the stock has a strong support at $14.

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Advanced Micro Devices, Inc. (NYSE:AMD) DT line broken to the upside. Watching this one for follow trough on Tuesday for higher prices. Slow Sto crossover developing new uptrend.

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: AMD, CECO, FSLR, P, SCTY, XRX

22:37 | Permalink |

Thursday December 27th watchlist

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Radian Group Inc. (NYSE:RDN) breakout with strong volume today, most likely has a few more moves in it. I'd wait for a pullback for a better entry point. Short term technicals are positive. CMF, RSI, MACD, and stochastics are rising.

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Rite Aid Corporation (NYSE:RAD) on breakout mode, a bit extended here so be careful on it. I would wait for a pullback to get on board, ideally to the 200-day moving average which is now at 1.30

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Zynga Inc (NASDAQ:ZNGA) starting to get some momo once again. In my view, the stock has formed a bottom in short-term and I expect a move past 2.45 to take the stock towards the target of 2.7 with stop-loss at 2.1

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Amarin Corporation plc (NASDAQ:AMRN) seems to be showing signs of bottoming at current levels. Due to the oversold reading on technical oscillators a bounce should be taken into account any time now.

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Career Education Corp. (NASDAQ:CECO) is currently into a consolidation phase, but has been comfortably placed above the 50‐day moving average. Short term indicators are positive. A close above 3.55 would confirm an end of the consolidation phase and would signal a fresh breakout for target of 4.

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: AMRN, CECO, RAD, RDN, ZNGA

22:31 | Permalink |

Short term trading ideas for Christmas Week

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Facebook Inc (NASDAQ:FB) broke another support level on Friday and the 13-day SMA is turning down. The short term technical indicators continue to weaken. The MACD remains on its December 13th sell signal, RSI and stochastics are at new lows. FB needs to bounce back over $27.22 soon or there will be more trouble for the share price.

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The stock jumped 1.26% on Friday to close at 53.93, just above resistance at 53.14, after trading as high as 54.19 intraday. A close above Friday's intraday high would confirm the short-term double bottom that has formed on the stock's daily chart and would give a buy signal. MACD gave a new buy signal, daily RSI has turned up and stochastics has risen above 20.

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NVIDIA Corporation (NASDAQ:NVDA) The bears failed to close the stock below the 50-day SMA, on Friday NVDA made an intraday low of $12.21 and bounced backed sharply. The stock over the short term still bullish toward the $13 target and above that the target will be $13.11 (200-day SMA). As long as stock kept trading above the $12 level the uptrend movement still valid.

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Career Education Corp. (NASDAQ:CECO) closed just above the 50-day moving average today on high volume making a nice Bullish Hammer Candlestick Pattern, so that is a positive sign. If we get a confirmation on Monday with a close higher, than we might be headed to retest the previous high at 3.72.

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Shares of JinkoSolar Holding Co., Ltd. (NYSE:JKS) still moving in the activated drop correction mode after falling below the 6.5 level and still heading toward the targets of 5.40, where below this level the new target will be 5.14. Only a close above the 6.50 level changes my view of a move lower.

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Zalicus Inc (NASDAQ:ZLCS) Near the breakout zone, look for break above 0.74 to enter longs with targets at 0.91 and 0.95. Looking at the chart technicals are improving. The MACD gave a buy signal on Friday, daily stochastics and RSI have turned up.

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: CECO, FB, JKS, NVDA, ROST, ZLCS

19:16 | Permalink |

Stocks To Watch For November 07, 2012

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Lattice Semiconductor (NASDAQ:LSCC) nice runner from the buy list yesterday. The stock launched through the break out point and went up almost 10 cents. LSCC looks good for further gains from here. The first target is at 4.50. Accumulation chart continues to make new highs showing strong accumulation continuing to take place.

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InterDigital, Inc. (NASDAQ:IDCC) - This stock is up some 22% since last week and showing no signs of stopping. According to the chart, the stock remains under some serious accumulation.

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TiVo Inc. (NASDAQ:TIVO) Looks like a real nice Cup & Handle is forming on the daily. A successful break of the 10.58-10.62 level would trigger a possible advance to ~11.50 a quite significant upside potential. The MACD and also the RSI are both on buy positioned and support a constructive view.

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Exide Technologies (NASDAQ:XIDE) came up out of the pattern today and went 19 cents. The stock should have more upside from here as long as the market does not put any downside pressure on it. The overall outlook for the stock appears bullish. Only a close below $3.04 would negate the bullish outlook for the stock.

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Career Education Corp. (NASDAQ:CECO) Stock price finally broke through the 50-day moving average with good volume. RSI bounced off the edge of oversold and is now back on the upswing. MACD just crossed above signal, giving the bulls the signal they wanted. CECO has momentum back on its side.

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: CECO, IDCC, LSCC, TIVO, XIDE

22:43 | Permalink |

Stocks To Watch For November 02, 2012

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LSCC had a very bullish move today breaking several resistance lines with decent volume. With technical chart showing strength as MACD is above signal and %K line above %D line, we could see the stock keep going up. Additionally, the accumulation/distribution line shows the stock has been under accumulation for three months now. Next resistance is at $4.53

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Thompson Creek Metals Company Inc (NYSE:TC) had a strong bounce off the 2.60 level accompanied by a nice pickup in volume. We should be able to see some decent upside movement for the bulls here. The price may rise to the 2.92-3 range in the short-term. If the stock breaks the $3 level , it can rise to its previous highs (3.87). On the technical side, the chart looks very good here and I expect a continuation of the upward movement. From a fundamental stand point the stock is cheap at current price: almost trading at cash level (2.43 cash per share) and with a book value of 11.21

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InterDigital, Inc. (NASDAQ:IDCC) surged over $40 for the first time since February after three big up days. Recent volume could suggest that something is in the works. Keep the stock on your watch list.

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Rubicon Technology, Inc.(NASDAQ:RBCN) made a nice upside reversal today with a volume expansion. Although the stock is still weak as MACD is below 0 and the stock is below 50-day moving average, if RBCN can go up a few more days it will be back to bull market. There could be good upside in the stock so watch the stock closely on Friday.

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Career Education Corp.(NASDAQ:CECO) - Nice runner from the buy list yesterday. In line with my anticipation, the stock confirmed today the reversal when it broke up above the $3.51 level. I'll be watching once again CECO on Friday waiting for the stock to break its 50-day sma at 3.69. Once the stock breaks through this level, we should see another strong upside move. This trade could have big upside, but it will be very volatile. CECO will move quickly, so be ready for this 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

Labels: CECO, IDCC, LSCC, RBCN, TC

21:00 | Permalink |

Thursday November 1st watchlist

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I had InterDigital, Inc. (NASDAQ:IDCC) on my watchlist a few times this month and today it broke out in impressive fashion on volume expansion. I believe we'll see some nice follow through tomorrow. This was a stock that ran from these current prices to over $70 a share not long ago. From a technical standpoint the stock looks very strong with both 20-day and 50-day moving average going up while MACD is crossing up its signal and %K line is on top of %D line. I suspect the stock may continue to appreciate over the coming days.

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TiVo Inc.(NASDAQ:TIVO) looks to be setting up for an upside move, as the stock has held up well the past few sessions.

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Possible bounce play. I think Career Education Corp. (NASDAQ:CECO) has found support around the $3.27-$3.30 range and looks poised to post a bounce from here. We could see a 7-10% possible bounce up to $3.68-$3.75 a share if it breaks the resistance at $3.51.

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CIGNA Corporation (NYSE:CI) broke out today and traded nearly 2x normal daily volume. The stock has the potential to make a big run on Thursday, so keep a close eye on CI and don’t miss the trade.

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Mueller Water Products, Inc. (NYSE:MWA) broke out of its significant intermediate-term resistance at $5 today and surged considerably higher amidst impressive buying pressure.

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Research In Motion Limited (NASDAQ:RIMM) made a strong upside reversal today. The technical chart suggests that stock might find now resistance at $8. Only a close above this level would suggest further upside. I think the stock is due for recovery as %K line has crossed on top over %D line. The stock needs to close above this level in order to alleviate the negative near-term view.

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: CECO, CI, IDCC, MWA, RIMM, TIVO

22:20 | Permalink |

AC Investor Blog

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

Thursday, July 16, 2015

Stocks to keep an eye on July 17, 2015

Wednesday, July 15, 2015

Stocks to keep an eye on July 16, 2015

Saturday, July 11, 2015

Stocks to keep an eye on July 13, 2015

Monday, October 14, 2013

Stocks to Watch for October 15, 2013

Monday, June 10, 2013

Stocks to Watch for June 11, 2013

Wednesday, December 26, 2012

Thursday December 27th watchlist

Saturday, December 22, 2012

Short term trading ideas for Christmas Week

Tuesday, November 06, 2012

Stocks To Watch For November 07, 2012

Thursday, November 01, 2012

Stocks To Watch For November 02, 2012

Wednesday, October 31, 2012

Thursday November 1st watchlist

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