AC Investor Blog

My Watchlist for Thursday, April 27

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Kalvista Pharmaceuticals Inc (NASDAQ:KALV) Low float stocks have been skyrocketing and this one looks ready to make a move. The technical chart shows indicators of a major bounce opportunity and the way the stock traded today I think we have the potential to see steady gains tomorrow and into Friday. The stock broke out of a large falling wedge pattern on volume, closing at the highest price in almost 3 weeks. If momentum continues, we could see the stock hit +$10 over the next couple of sessions. The Accumulation/Distribution line has been in a significant uprend = under accumulation. On radar.

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Still holding this low float stock. The pullback seems to be done. Cyclacel Pharmaceuticals Inc (NASDAQ:CYCC) could be on the cusp of a nice breakout to the upside.

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Aurinia Pharmaceuticals Inc (NASDAQ:AUPH) is quietly gaining momentum again. There is a good chance the price could breakout of its recent sideways trend and scale higher to test the 8-8.5 levels.

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Rocket Fuel Inc (NASDAQ:FUEL) broke a key resistance line today with an up-move of 12.9%, to 5.60. Volume surged and this breakout looks like it is here to stay.

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Clean Diesel Technologies, Inc. (NASDAQ:CDTI) Breakout watch over 3.54

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Cerus Corporation (NASDAQ:CERS) surged more than 7.7 percent today accompanied by a good volume expansion. The stock is displaying upside momentum and is poised to move higher from these levels. Nearest resistance for the stock is at $4.7. If this level is crossed and the stock is able to sustain above this level, then it might go to $5.2.

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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: AUPH, CDTI, CERS, CYCC, FUEL, KALV

22:06 | Permalink |

Potential Trade Setups for the week ahead

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GoPro's share price rose almost 6.5% in after-hours trading on Friday following the announcement of a patent licensing agreement with Microsoft. From a technical standpoint, the daily indicators are giving positive signals, with RSI looking poised to move North and the MACD showing a fresh upward crossover. If you are bullish, better wait for a long green candle to close above the declining 9-day EMA. As the current set-up is unconvincing, I prefer to wait on the sidelines until it decisively breaks above the $11 level before re-initiating directional views.

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Intrexon Corp (NYSE:XON) The price broke last week the downtrend line that it established since August 2015. The stock is showing increasing strength on the MACD, RSI and CMF. Plus, Friday's close was slightly above the 200-day exponential moving average, but we need another green candle on Monday to confirm. The short interest in this stock is around 34%. I remain bullish on XON, as technical signals favour further upside. Just make sure you set your stop losses properly when trading this one. My Stop loss was adjusted to just below the 100-day EMA.

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Keep a close eye on Cerus Corporation (NASDAQ:CERS) next week. The stock looks right on theverge of a breakout. I think in the short term it could see $6 but let's see a test and close above of $5.57 first. The MACD and RSI are also indicating increasing upward. Watch the stock closely here for a break through the 50EMA as a clue that the stock wants to go higher. I'm bullish on CERS as technical signals are starting to turn positive. According to an article on investipedia (February 04, 2016) Cerus Corp. May Have Treatment For Zika Virus.

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Rambus Inc. (NASDAQ:RMBS) has been trading sideways within a range (11.73 to 12.50) for the past two weeks. The stock needs a close above 12.50 to break out of this range to the upside. Daily technical indicators are bullish but showing some signs of weakness (not very clear yet). The MACD is above its signal line but moving sideways in positive territory. The RSI is also moving sideways above its 50 level, but sliding down. Although it closed below the 200-EMA all major short-term EMAs are rising and the stock is trading above them. The medium-term up cycle is still intact despite the pullback on Friday.

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Micron Technology, Inc. (NASDAQ:MU) Building a base/bottoming the past 3 weeks. Breaking above 11.57 we could see higher prices. The MACD and RSI are also indicating increasing upward. On watch.

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VirnetX Holding Corporation (NYSEMKT:VHC) The stock is starting to stabilize after pullback. I initiated a long position at $6.78 on Friday afternoon with a stop loss at $6.48. I still don't know if the pullback is over but the 30m chart shows signs of stabilization. The price faces tough resistance in the 7.5/7.7 region. If it manages to break through that area, we might see a sustained momentum on the upside.

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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: CERS, GPRO, MU, RMBS, VHC, XON

10:20 | Permalink |

Stocks to keep an eye on May 12, 2015

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XOMA Corp (NASDAQ:XOMA) has already recouped its recent losses and looks poised to break resistance at $3.99. The near-term outlook stays cautious till the stock closes conclusively above this zone. So far the technical daily chart is still showing buy signal with stock trading above all short-term EMAs with MACD on top of signal line and RSI above its 50% level. In addition, we are seing some serious upside volume coming into this stock over the last few days. Short-term traders can hold their longs with a stop at $3.45

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BlackBerry Ltd (NASDAQ:BBRY) finished the session with a gain of 58 cents, or 5.92%, on higher-than-average volume, closing near the session high. This is a clear indication that current momentum could continue in the next few trading days toward the 11-11.2 area. Watch BBRY trade tomorrow since the stock has solid fundamentals and technicals suggesting that share prices could be continue on an upwards path, especially in the near-term.

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Cyberark Software Ltd (NASDAQ:CYBR) may test key support (50EMA) in the low $60s. The short-term exponential moving averages are starting to turn down and we are close to getting a bearish cross. In addition, the MACD is displaying a negative divergence and RSI is slipping in the neutral.

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Oclaro, Inc. (NASDAQ:OCLR) continues to hold the 100 and 200-day EMAs which is very bullish. I expect the stock to test the $2 level soon. A close over this level would be bullish and I'd expect the stock to run to $2.20.

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Cerus Corporation (NASDAQ:CERS) broke out above the 4.70 resistance level on decent volume today. I like the idea of getting long here with a stop below the 50-day EMA.

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, CERS, CYBR, OCLR, XOMA

22:29 | Permalink |

Stocks to Watch for October 16, 2014

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Novavax, Inc. (NASDAQ:NVAX) Strong rally on decent volume today. I think the stock price could try and take a trip to $5 or so if volume comes in. The technical indicators are looking bullish here.

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I believe shares of Skyworks Solutions Inc (NASDAQ:SWKS) have room for a significant uptick beyond these levels. Keep it on your watch list. A break of $50.57 (EMA100) with force might give the stock room to $53.25

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Cerus Corporation (NASDAQ:CERS) Volume starts to pick up. Could make a nice move to the upside. A break and hold 4.45 could lead a substantial gain in shares.

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To me QLogic Corporation (NASDAQ:QLGC) still looks poised to break higher. A move above 9.79 would confirm the breakout, with an initial target of 10.21 and secondary target of 10.7.

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Guidewire Software Inc (NYSE:GWRE) potential breakout candidate tomorrow. 47.67 area for movement.

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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: CERS, GWRE, NVAX, QLGC, SWKS

22:53 | Permalink |

AC Investor Blog

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

Wednesday, April 26, 2017

My Watchlist for Thursday, April 27

Saturday, February 06, 2016

Potential Trade Setups for the week ahead

Monday, May 11, 2015

Stocks to keep an eye on May 12, 2015

Wednesday, October 15, 2014

Stocks to Watch for October 16, 2014

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