AC Investor Blog

Stocks to Watch for February 18, 2016

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United States Steel Corporation (NYSE:X) is finally stepping up after weeks of frustration. The stock price is building momentum and broke today the downtrend line that it established since August 2015 on high volumes with 9.52 as the first upside objective. Long setup.

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AK Steel Holding Corporation (NYSE:AKS) Another nice breakout. The price finally broke and closed above the declining 100-day EMA. If this daily technical chart does what is supposed to do, the price will be going higher in the days to come, plenty of room to upside.

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Kinder Morgan Inc (NYSE:KMI) finally broke above key resistance in today's trading session. Go long on the break of Wednesday’s high at 17.62

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Ceres Inc (NASDAQ:CERE) hit my scanner today with volume 2x above avg and closed up 9.45%. The stock may be forming a bottom after being in a downtrend for weeks. It has a good base at 22c which can be used as a stop loss for long position. On the upper side, the move is likely to accelerate above 33c. I expect some follow through on Thursday.

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Volume was decent today and the trading action was also encouraging. Traders bought the dip several times near the $7.05 level. BlackBerry Ltd (NASDAQ:BBRY) is starting to turn back up and technical indicators are giving the first bullish signs. The Stochastic Oscillator is registering a bullish signal as the %K has crossed above the %D and RSI/MACD are also rising. The stock has the following important levels. Resistance at $7.38 and support at $6.98

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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: AKS, BBRY, CERE, KMI, X

22:09 | Permalink |

Stocks to Watch for December 24, 2014

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Scorpio Bulkers Inc (NYSE:SALT) Potential bottom in the making. Daily technical indicators are showing the first signs of a positive divergence from price. The MACD is already displaying a clear bullish divergence to the price action over the past few weeks, this suggests that the upside momentum could be building up. In addition, the daily RSI momentum oscillator is signaling a positive crossover from the extreme oversold territory. Plus, the A/D indicator is also showing some positive divergence. The stock is now likely to test and potentially overcome its 20-day EMA in the days ahead.

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King Digital Entertainment PLC (NYSE:KING) After a significant rebound off its key support (100EMA) last week, the stock is now poised to climb towards the 17 key psychological resistance in the days ahead. Plus, the call options (Jan15 strike 20.54) have been very active in recent days, showing a more bullish stance. Im long.

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BlackBerry Ltd (NASDAQ:BBRY) is on track to test and potentially overcome the 11-11.07 zone resistance in the days ahead. MACD has turned up and RSI has plenty of room to support higher prices.

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TrueCar Inc (NASDAQ:TRUE) continued to show strength with another gain on solid volume. The technical daily chart looks very bullish with a short-term target of $25. The MACD inditcator is still climbing steadily, this implies that the current upside momentum is accelerating.

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Ceres Inc (NASDAQ:CERE) I took a long position in CERE today, it's an aggressive buy but the risk/reward ratio is good. The stock is trading well below cash with $28 million, or $0.58 per share. The pull back of today is minimal. The stock is displaying upside momentum and is poised to move higher from these levels. Trending indicators still showing positive signals. Initial target is around 40c.

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VirnetX Holding Corporation (NYSEMKT:VHC) is part of my portfolio and I intend to stay with it. After its recent sharp recovery, the stock is now hovering just below its 6.8 key horizontal resistance. As the MACD is about to break above the zero line, this suggests that the upside momentum is improving significantly.

Xmas Message !!!

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: BBRY, CERE, KING, SALT, TRUE, VHC

22:38 | Permalink |

Stocks to Watch for July 25, 2014

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Ceres Inc (NASDAQ:CERE) has been trading with a consistent rise of interest this month and the CMF has been getting stronger by the day. The CMF indicator shows rising buying pressure during the last 3 weeks. CERE's 71c level looks to be the new solid base setup and looks poised to breakout soon. I'm looking at a potential 30 to 40% gainer short term. The company has a strong cash position (63c ps ). Keep it on your radar screen because the technical chart looks very bullish to me and looks in the verge of a breakout.

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BlackBerry Ltd (NASDAQ:BBRY) had a strong bullish momentum on Thursday after some takeover rumors that Samsung could be interested in acquiring BlackBerry. The Financial Times also reported that company is looking to partnerships to compete with Apple and IBM venture. Early this morning in an interview with Romit Guha of "Economic Times" the CEO John Chen said that the new device Z3 has been extremely well received in India & Indonesia, and he continues to see strong demand for the device. In addition, Chen said that the BlackBerry Enterprise Service 10 (BES10) has seen more than 1,000 installations in India. From a technical stanpoint, we saw a strong bounce yesterday with a 5.60 percent rally accompanied by strong volume, suggesting that the bounce will continue today. The bias was downward, but with yesterday's rally that has shifted to neutral. The higher short interest ( 19% or 92M ) could also provide a near-term catalyst, if the stock begins to rise. We could see further upside over Thursday’s highs. A close above $10.5 would have positive implications and could push the stock to the 11-11.5 range.

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Caterpillar Inc. (NYSE:CAT) broke out to the downside of a rising wedge chart pattern on the daily. I expect more selling pressure and a move down to test the recent $100 lows would likely be next.

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Corning Incorporated (NYSE:GLW) is coming up to a possible breakout. Watching for it to break above $22.37

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) May have put in a short term bottom. Watch EMA50 at 4.94 breakout and possible get above 5. Stop 4.72. Daily MACD showing signs of a stabilization.

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Apple Inc. (NASDAQ:AAPL) could be flagging here, watch for above average volume. I'm stalking this stock to see if it clears 97.88

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Netflix, Inc. (NASDAQ:NFLX) closed slightly below the 50-day EMA on Thursday for the first time since May. My outlook remains bearish in nearest term testing $400 as a part of the bearish scenario since formed the false breakout around 475.

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: AAPL, ARNA, BBRY, CAT, CERE, GLW, NFLX

10:29 | Permalink |

Stocks to Watch for July 03, 2014

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Ceres Inc (NASDAQ:CERE) 66c level looks to be its new base setup for a new leg up. The stock price is close to its key resistance point of .75c a break could lead to a strong run up and who knows how high this stock might end up. Technical daily indicators are looking bullish. The MACD is positive and above its rising signal line. The relative strength index is above its 50% level, now at 59 and far from being overbought. I'm currently accumulating this stock.

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ExOne Co (NASDAQ:XONE) From a technical standpoint the stock remains very overbought for the short-term. Could see a pullback to $40

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BlackBerry Ltd (NASDAQ:BBRY) showed more signs of strength on today's session as the stock closed up 14c on the day. BBRY has strong resistance around $10.9 and breaking above could take the stock to $12 in a very short time frame.

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3D Systems Corporation (NYSE:DDD) Bulls may not be done here but we could be setting up for a pullback imo. Technical momentum oscillators remain overbought.

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Datawatch Corporation (NASDAQ:DWCH) Stalking. Over $16.31 would be buy trigger.

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Tesla Motors Inc (NASDAQ:TSLA) Needs to hold the 20-day EMA located at 226.09. If it fails that, potential drop to 216.25. Some technical indicators are showing a loss of momentum.

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Charles Schwab Corp (NYSE:SCHW) appears poised to resume the uptrend. If you're not already in wait for a close above 27.50

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: BBRY, CERE, DDD, DWCH, SCHW, TSLA, XONE

22:35 | Permalink |

Stocks to Watch for October 07, 2013

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Arotech Corporation (NASDAQ:ARTX) spiked 14 cents, or 7.8% Friday to 1.93, breaking out of a base on good volume and could be ready to run again. A break of $2, which appears highly probable at this point will trigger a buy stop entry for a trade to the 2.1-2.24 area. Initial stop loss will be in the 1.75 area. The technical daily chart above shows the stock is back to rally as %K line is above %D line with MACD also back above signal line. The rising RSI should continue to carry the rally.

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The strong move in Barnes & Noble, Inc.(NYSE:BKS) shares was something that I tweeted early in Friday's morning. If you were following my twitter account you would have gotten the tweet when the stock was trading at 13.32. It ended the day at $14.41 trading more than 2.6M shares, well above its average volume. If you jumped in and booked your profits, congratulations!

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Gulf Resources, Inc. (NASDAQ:GURE) displayed some impressive relative strength with a 5.78% gain. The power of Friday's move suggests an upward breakout that could impulse GURE's stock to test the September highs at 2.06. MACD made a bullish crossover and AC/DT is increasing. This shows that investors are bullish on this stock.

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Facebook Inc (NASDAQ:FB) Series of higher lows. The stock is forming a bullish flag on daily chart which is usually the most bullish of consolidation patterns and may be ready to break soon. So, perhaps this is merely a pause in a strong uptrend IMHO. Breakout watch $51.60.

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Platinum Group Metals Limited (NYSEMKT:PLG) produced a strong bullish breakout with Friday's 15% gain. The stock broke out from a short-term downtrend channel pattern with a very large volume and closed near its recent highs. It's a buy on a break of 1.26 with solid volume. Stop 1.06. Technical indicators are also supporting the bulls. The MACD crossed above the signal line, RSI is moving up and above its 50% level. Keep on watch list.

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salesforce.com, inc. (NYSE:CRM) is building a nice flag, holding above 13-day EMA. Watching for 54.25 breakout.

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UniPixel Inc (NASDAQ:UNXL) is in the top of a short-term trading range. UNXL's technical's are looking up as we see only minor resistance at 20.8/83 and looks like this baby is poised for a strong BREAKOUT at any time now. Once the resistance of 20.83 breaks past we can see it hit the higher levels in minutes. With almost 45% of float short, this stock is a serious short squeeze candidate. MACD/RSI and CMF are all showing us something similar: uptrends. With the technical daily chart on the verge of a possible breakout, get UNXL on your radars.

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Brocade Communications Systems, Inc. (NASDAQ:BRCD) looks like is close to attempting a new breakout. I expect to see a high volume move once the stock breaks through resistance of 8.43, as traders are watching this stock closely.

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Ceres Inc (NASDAQ:CERE) pull-back in the last 3 days is due to profit taking and could be viewed as a good sign. Nothing should go straight up without a healthy-pullback. This small drop is helping clean up the technical chart for the next rally. The uptrend is intact and technicals remain strong with MACD above its signal line and in positive territory. CMF is also showing a positive momentum. I think the next move higher, will take CERE much closer to my short term target of $2.

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: ARTX, BKS, BRCD, CERE, CRM, FB, GURE, PLG, UNXL

09:53 | Permalink |

Stocks to Watch for October 02, 2013

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Ceres Inc (NASDAQ:CERE) looks right on the verge of a BIG breakout. The stock traded heavy volume as it hit a high of $1.69. This high is resistance for Wednesday’s continuation move. If the stock can manage a breakout above this horizontal resistance line on high volume, it would be a good buying opportunity, with a stop at 1.44. All indicators in the technical daily chart are in favor of an upward price movement. MACD has generated a buy signal crossing above the zero line. This momentum could push this stock much higher from here, so keep it on the radar. If it breaks above 1.69, the next major resistance is located at $2

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Quicksilver Resources Inc (NYSE:KWK) had a huge breakout day Tuesday on heavy volume. The next key resistance levels are located at 2.29 and 2.37. Shareholders may remain invested with a stop- loss at 1.92.

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Rambus Inc. (NASDAQ:RMBS) looks strong enough to move forward. I'm encouraged by the fact that the stock bounced off support of the 50-day exponential moving average yesterday and surged nearly 3% today with good volume. The stock has the potential for a strong follow through so watch it closely on Wednesday.

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Shares of MELA Sciences Inc (NASDAQ:MELA) had a mini rally on Tuesday before pulling back. This could be the start of something larger. $.80 is the next resistance level that if broken, could send shares back to $1. At this point, I think you can buy MELA shares here with a stop at $.65.

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DryShips Inc. (NASDAQ:DRYS) Nice rally on volume today. Keep on watch, if it breaks the $4 level should make a good long.

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VirnetX Holding Corporation (NYSEMKT:VHC) This stock could go either way, watch for a break of this base or a break above the 100-day EMA. CMF continues to rise so my bias is 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: CERE, DRYS, KWK, MELA, RMBS, VHC

22:31 | Permalink |

Stocks to Watch for September 27, 2013

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Ceres Inc (NASDAQ:CERE) looks to have bottomed. The stock broke the $1.37 resistance level today on strong volume and could eventually rally up to test its 50-day EMA. Looking at the technical daily chart the near-term outlook is very positive and a move to the 1.55-1.68 range appears likely. In addition, MACD also indicate positive momentum. To think CERE was trading at $5 not long ago.

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Applied Materials, Inc. (NASDAQ:AMAT) had a strong breakout on Tuesday and is now in overbought conditions, so wait to see if it could form a flag pattern. The next buy area is when it clears $17.94 resistance on volume, it needs a consolidation imo.

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Entropic Communications, Inc. (NASDAQ:ENTR) Poised to clear this major resistance area. Keep on watch for the break on volume and go long.

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Yahoo! Inc. (NASDAQ:YHOO) Breaking out to new highs on volume, looks good for higher prices.

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Sirius XM Radio Inc (NASDAQ:SIRI) Thursday's close confirms a trend change from downward to neutral in short-term. Let’s see whether the stock can gather enough momentum to break through $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: AMAT, CERE, ENTR, SIRI, YHOO

22:28 | Permalink |

AC Investor Blog

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

Wednesday, February 17, 2016

Stocks to Watch for February 18, 2016

Tuesday, December 23, 2014

Stocks to Watch for December 24, 2014

Friday, July 25, 2014

Stocks to Watch for July 25, 2014

Wednesday, July 02, 2014

Stocks to Watch for July 03, 2014

Saturday, October 05, 2013

Stocks to Watch for October 07, 2013

Tuesday, October 01, 2013

Stocks to Watch for October 02, 2013

Thursday, September 26, 2013

Stocks to Watch for September 27, 2013

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