AC Investor Blog

My Watchlist for Monday, September 12

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Chesapeake Energy Corporation (NYSE:CHK) price broke an important resistance level last week with an expansion of volume, which may now act as a support area. The Trajectories of momentum indicators on daiy charts suggest continuation of uptrend for the stock. If the stock price can break through the $7.81 level next week, we should see a strong follow-through move.

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Melco Crown Entertainment Ltd (NASDAQ:MPEL) has been in a steep uptrend for the last two weeks and is now very near to break a key resistance level. Watch over 15.61

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Liberty Media Corporation (NASDAQ:LMCK) jumped 3.84% Friday finishing the session near the highs of the day on high volume, suggesting buyers are stepping in. This move puts the stock in high probability of a breakout above key resistance in the 23 area.

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Changyou (NASDAQ:CYOU) good relative strength compared to the sector on Friday. Look for a break and close above $26 to enter longs.

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Biodel Inc (NASDAQ:BIOD) has been in a bullish consolidation over the last 2 months. The major resistance stays at 47c. Fresh long positions should be made only when the stock closes above this level with an up candle on volume. Long set-up 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: BIOD, CHK, CYOU, LMCK, MPEL

20:44 | Permalink |

My Watchlist for Tuesday, September 06

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Sprint Corp (NYSE:S) after few weeks of flat trading around the $6 price level, the stock finally broke to the upside on solid volume. This is a very bullish move and I think stock is going to continue this bullish trend as long as the rising 20-day exponential moving average holds. Based on the long-term chart if the bullish trend continue the next key resistance level is at the 8$ area.

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Chesapeake Energy Corporation (NYSE:CHK) printed a bullish candle on Friday closing the session slightly below the high of the day. The stock trades at the high end of this consolidation range. While the support for the stock remains intact at 6.30, any close above the upper line of the range ($6.60) can indicate that the next leg of the rally could go up to the 7.2 level.

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NVIDIA Corporation (NASDAQ:NVDA) is trying to break out of consolidation, but this signal is not yet confirmed. The stock needs to break major resistance around the 63.38 level, which has been tested three times in the last four weeks, for confirmation of the trend reversal.

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GNC Holdings Inc (NYSE:GNC) is positioned for a possible upside reversal after it has been basing for a few weeks. The stock needs to close above the 21.20 price level, which has been tested three times in the last three weeks, for confirmation of the trend reversal. My first target is at 23.20. Note: Rumors of a possible takeover still circulating and the options traders are also expecting a move in the stock.

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Trimble Navigation Limited (NASDAQ:TRMB) has been forming a large flag pattern along with trending above the 20EMA. Watch this bullish pattern and play accordingly.

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Herbalife Ltd. (NYSE:HLF) Carl Icahn has purchased more 306,846 shares of Herbalife last week, after adding 2.3 million shares to his portfolio in August. If the stock continues to go up this week, I will wait and see if price breaks the upper line of the descending channel, if it does, I will trade it.

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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: CHK, GNC, HLF, NVDA, S, TRMB

19:41 | Permalink |

My Watchlist for Tuesday, August 16

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ProNAi Therapeutics Inc (NASDAQ:DNAI) This Daily technical chart popped up on my scanner and I feel it is one that should make its way onto your watch-lists for Tuesday. Today the stock experienced the biggest volume since the July highs (2.25), signalling renewed interest from investors. In my opinion, the stock may be forming a bottom after being in a small downtrend for weeks. Also working in our favor is the close above the 20-day EMA for the first time since June. If this technical daily chart does what is supposed to do, it will be going higher in the days to come, plenty of room to upside. Going forward, stock has immediate resistance at 2.15 followed by 2.2/2.25 levels. This stock needs to be at the top of your watch list.

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Chesapeake Energy Corporation (NYSE:CHK) displayed some impressive relative strength today with a 9.56% gain on high volume. $5.60 (200EMA) is a key to watch for this stock. The Stochastic Oscillator is registering a bullish signal as the %K has crossed above the %D and RSI back above 50. The nearest trend is in favour of Bulls and price has room to go higher. If the stock can break through that level (200EMA), we should see strong volume drive the stock higher. On watch.

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Fitbit Inc (NYSE:FIT) Volume starts to pick up again. Could make a nice move to the upside. MACD lines are going up. Keep this one on your watch list. A break of $16.04 with force might give FIT room to $17.

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Mirati Therapeutics, Inc. (NASDAQ:MRTX) is forming a bullish inverted head and shoulders pattern on daily chart. I'm watching the stock to breakout the resistance level at $5.85. The technical indicators still indicate a bullish tone in short-term.

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Cesca Therapeutics Inc (NASDAQ:KOOL) Keep an eye on this one, setting up to break this resistance area. Next buy point 4.50 on volume. Note: Empery Asset Management Reported 5.43% Passive Stake in Cesca Therapeutics in 13G

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GoPro Inc (NASDAQ:GPRO) broke above the key resistance level in today's trading session on high volume after a short period of consolidation. I still like this stock and will be watching it again tomorrow, expecting to see a continuation move.

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Twitter Inc (NYSE:TWTR) still looks pretty good on the daily technical chart with volume expanding as it moves higher. Stock continues to look bullish and had another strong day, closing above the 200-day EMA for the first time since April 2015. A break above 21.10 (today's high) on heavy volume would be the next buy point.

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: CHK, DNAI, FIT, GPRO, KOOL, MRTX, TWTR

22:00 | Permalink |

Here are 7 Stocks to Keep An Eye On

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Chesapeake Energy Corporation (NYSE:CHK) finally broke out of a large base formation last week and closed on Friday just slightly below a key resistance level at 5.69 (200-day EMA). A break of this level in the next couple of days could lead the stock towards the 6.50 area. Daily technical indicators are in bullish zones and showing upward momentum.

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Adverum Biotechnologies Inc (NASDAQ:ADVM) is one stock that has sold off the past few weeks, but Friday’s move could be the start of a turnaround. On the daily technical chart, we can see a few technical signals suggesting that a swing higher may be in the cards in the short-term. First, the MACD is displaying a positive divergence. At the same time, we see that the daily stochastics are showing positive momentum from oversold levels (%K line has just rose on top of %D line), which should reinforce a move higher if near-term resistance at $3.26 is taken out. Finally, the relative strength index (RSI) is starting to bounce back from oversold territory. The company currently has 247.1 million in cash and is trading on a market cap of 87M. Bargain hunters should find this stock on Monday. ADVM will move very quickly, so keep a very close eye on the stock.

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I have been watching VirnetX Holding Corporation (NYSEMKT:VHC) over the past few days, waiting for a possible upside move. On Friday's session, we have seen high volume at the bottom, which was probably buying activity. The bulls hardly tried to close above the 100-day and 200-day EMAs, but did not succeed. However, the daily technical indicators are improving significantly. The RSI value is increasing and the MACD indicator just made a bullish crossover. I'm using $4.51 as resistance for this upside move. If the stock can close above this level next week, we should see a reversal of this downtrend. Stay tuned.

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I continue to watch this stock. The volume is still large so Vuzix Corporation (NASDAQ:VUZI) could potentially break out again at any moment.

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SCYNEXIS Inc (NASDAQ:SCYX) broke resistance on Friday, but was not able to make the expected move. Friday’s high was $2.35, which is resistance for the follow through move on Monday. If the stock does break resistance, I expect to see a strong upside move. Looking at the daily technical chart above there looks to be more room in this move, so watch the stock closely over the next few days.

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Resolute Energy Corp (NYSE:REN) is trading near its all time high (potential bullish flag formation). Buy only when the stock breaches $8.30. The stock seems to be consolidating at higher levels to work out the overbought signal.

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Newmont Mining Corp (NYSE:NEM) has been in a nice uptrend since mid April. After hitting up to a high 41.68 in the second week of July, the stock pulled back to its breakout point and looks to be setting up for another upside move. If the stock can break through that resistance, we should see an increase in volume as traders like to watch this stock. Hold your current position with a stop at $38.97.

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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: ADVM, CHK, NEM, REN, SCYX, VHC, VUZI

11:33 | Permalink |

Stocks to Watch for February 4, 2016

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VirnetX Holding Corporation (NYSEMKT:VHC) After a 30% climb during trading hours on Wednesday, VirnetX Holding Corp (VHC) shares rose more than 89% in after-hours trading after a Federal jury has ordered Apple to pay $625.6 million in damages and royalties to VirnetX Holding Corp. for violating patents. I used this opportunity to take profits. Congratulations once again to everyone who was able to take part in this profitable trade. My patience paid off in a big way. I own now just VRNG in this field and will probably add more shares this morning. Above you can see the weekly chart of VHC with the major resistances coming around $11.43 (EMA200).

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Puma Biotechnology Inc (NYSE:PBYI) The rally in the price has broken the downtrend line on Tuesday and was confirmed yesterday, which is a buy signal. The stock could see now a significant bounce from this level. On the technical side, MACD and Slow Sto all point to upward trend while RSI is trying to break above its 30% level, passing into neutral territory. Plus, we saw unusual call buying in the Feb $45 strike. PUMA has a lot of upside potential, so watch it closely on Thursday.

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Intrexon Corp (NYSE:XON) Nothing has changed. Technicals are showing bullish signals supported by rising MACD, Slow Sto and RSI on the daily charts. If the stock is able to cross the 32.75 level and sustain above it, then it might go to +$36. Keep it on your watch list going forward. Yesterday on CNBC, Bill Miller said that Intrexon is his firm's second largest position.

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BlackBerry Ltd (NASDAQ:BBRY) broke out of the bottom base formation accompanied by solid volume. This could be the start of a nice bounce and the oversold conditions will also help. atch for a continuation move today. If it breaks above 7.29 (EMA20), it could reach an initial target of 7.59 and then a secondary target at 7.75

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CONSOL Energy Inc. (NYSE:CNX) finished near its highs and has closed again above the 50-day exponential moving average. So, today keep an eye on the stock for a possible breakout over $8.65 on a close basis.

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Chesapeake Energy Corporation (NYSE:CHK) Rallied hard Wednesday on decent volume. If it clears back over 3.55 (EMA20), may have some good upside.

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I have been following AK Steel Holding Corporation (NYSE:AKS) for a few days now and surprisingly the stock showed some strength on Wednesday. The volume is starting to come back again and with it some positive price movement. Plus, momentum indicators are also flashing bullish signals, with MACD climbing and RSI rising. Look for a quick run to 2.41 then on to 2.48.

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, CHK, CNX, PBYI, VHC, XON

07:58 | Permalink |

Stocks to Watch for January 05, 2016

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Sunedison Inc (NYSE:SUNE) made a strong move up today, closing with a bullish engulfing candle on solid volume. Next buy area is when the stock clears the declining 50-day EMA on heavy volume. Daily technical indicators are looking bullish.

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FireEye Inc (NASDAQ:FEYE) closed above the 20-day exp moving average today for the first time since July. If the gain can be sustained, we could expect more upside. Daily technical indicators are turning bullish. The MACD indicator is rising in negative zone. Slow stochastic & RSI have moved above their respective 50% levels. Immediate resistance 22.50

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3D Systems Corporation (NYSE:DDD) rose $1.14 today to $9.83, the biggest one day gain in 8 weeks. Some technical indicators are starting to point north. Go long on the break of Monday’s high at 10.15.

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Chesapeake Energy Corporation (NYSE:CHK) Strong Bullish day. Nice break from a short term consolidation. Watch for a follow-through day and be sure to set a stop just below the rising EMA9.

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: CHK, DDD, FEYE, SUNE

22:17 | Permalink |

Technical Setups to watch next week

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Twitter Inc (NYSE:TWTR) had a strong bullish momentum on Friday after Steve Ballmer reveals 4% stake. The stock closed the day with a gain of 4.85 per cent at 31.15 on strong volume after touching the day's high of 31.40. From a technical standpoint, the bias is bullish in nearest term. Key resistance is seen at 31.50. A clear break and daily close above this area could trigger further bullish momentum testing 33.51 or higher. The stock stayed above the 50-day EMA and the MACD and RSI still in buy mode. Long setup.

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Aerie Pharmaceuticals Inc (NASDAQ:AERI) attempted to push lower on Friday bottomed at 20.50 but quickly whipsawed to the upside and closed slightly below the key resistance zone. A clear break and consistent movement above the 21.43 level next week could trigger further bullish pressure testing the 25.50 area. MACD is about to trigger a new buy signal with Slow Stochastic pointing upwards. Long setup on watch.

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Opexa Therapeutics Inc (NASDAQ:OPXA) is quietly gaining momentum. The stock has posted an impressive two day rally and continues to garner investor interest. Daily technical chart shows that it closed the day above its 50-day EMA, while momentum indicators crossed their midlines to the upside, supporting further advances. The increase in OBV suggests buyers are accumulating stock. It could initiate a sharp rally, back to $4

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) Will watch to see if it can break this horizontal resistance line next week. Key momentum indicators are trending in a positive direction. The bias remains bullish but the 2.54 area needs to be clearly broken to the upside to continue the bullish scenario. The immediate support is seen around 2.24/2.26.

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Chesapeake Energy Corporation (NYSE:CHK) surged in the final hour of trading and closed back over the 50-day EMA. As long as the stock can remain above $7.90, I like the stock. The accumul/distrib line is starting to curl upward (accumulation) which should eventually lead to price increases. On watch.

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Juno Therapeutics Inc (NASDAQ:JUNO) A nice looking bullish pattern on the daily chart. It will be interesting to see if next week the stock can continue its upward momentum. The key resistance level to watch is at 51.70. Above this level could test 57.6 next.

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VirnetX Holding Corporation (NYSEMKT:VHC) has been consolidating almost sideways trapped between the strong resistance around the 4.20 price level and supported by the rising 20-day EMA. Its momentum indicators are showing positive indications and price bars are trading above short-term EMA's, denoting the current positive tone may turn into a new uptrend. Use the rising 20EMA as your stop loss. On watch.

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: AERI, ARNA, CHK, JUNO, OPXA, TWTR, VHC

12:58 | Permalink |

Stocks to Watch for October 07, 2015

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GoPro Inc (NASDAQ:GPRO) The moment of truth is coming. The positive divergences on daily indicators suggest a move to the upside. At this stage, it is definitely a wait and see, if the $32 resistance level will be easily taken out by the bulls.

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Chesapeake Energy Corporation (NYSE:CHK) Watch this one as it approaches this key resistance area. All technical indicators are bullish. The MACD has crossed above its signal and reversed its falling trend. RSI is moving up while ADX is gaining momentum. Could squeeze over 9.08

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Juno Therapeutics Inc (NASDAQ:JUNO) Closed above the 100-day EMA and out of the triangle formation accompanied by a volume surge. Looks good for higher prices.

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AK Steel Holding Corporation (NYSE:AKS) Watching for breakout confirmation. The stock needs to break and hold 2.88 to confirm. A breakout could take AKS much higher as the chart shows little resistance. Momentum indicators are bullish with RSI inching away above the middle level and with MACD crossing above signal line. I'm really bullish on this stock.

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To me Pacific Ethanol Inc (NASDAQ:PEIX) still looks poised to break higher. A move above 7.31 would confirm the breakout, with an initial target of 7.95 and secondary target of 8.28. Stop is at 6.71

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XOMA Corp (NASDAQ:XOMA) is pulling back on low volume. Consider buying if it can find support here. Im long.

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VIVUS, Inc. (NASDAQ:VVUS) As you can see from the chart above, the short-term outlook is sideways, while the 20-day exponencial moving average still supports. The medium-term outlook is bullish and my model is long. If it breaks above 1.85, then it can easily climb to 2.1 or above.

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, CHK, GPRO, JUNO, PEIX, VVUS, XOMA

22:28 | Permalink |

AC Investor Blog

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

Sunday, September 11, 2016

My Watchlist for Monday, September 12

Monday, September 05, 2016

My Watchlist for Tuesday, September 06

Monday, August 15, 2016

My Watchlist for Tuesday, August 16

Saturday, July 23, 2016

Here are 7 Stocks to Keep An Eye On

Thursday, February 04, 2016

Stocks to Watch for February 4, 2016

Monday, January 04, 2016

Stocks to Watch for January 05, 2016

Saturday, October 17, 2015

Technical Setups to watch next week

Tuesday, October 06, 2015

Stocks to Watch for October 07, 2015

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