AC Investor Blog

Several small, mid and big cap stock charts for the coming week

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TrovaGene Inc (NASDAQ:TROV) surged 46c, or 28.22%, Friday on higher-than-average volume and finished at its highest close in more than four weeks. It closed at 2.09, substantially above key resistance at 1.79, confirming the breakout. The close was also near the high of the day, another good sign and indication of possible continuation of current momentum. Please note, the company announced last week that new clinical data from its Phase 2 trial of onvansertib, in combination with Zytiga® (abiraterone acetate)/prednisone, in metastatic Castration-Resistant Prostate Cancer (mCRPC), will be presented as an oral poster at the 20th Asia-Pacific Prostate Cancer Conference, which will be held August 23-26 in Melbourne, Australia. Lets see if we can see a rally like in March. Technically, the stock is now in Breakout mode.

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vTv Therapeutics Inc (NASDAQ: VTVT) has found support around the $1.23-$1.25 range again and looks poised to post a bounce from here. We could see a 20-30% possible bounce up to $1.95 - $2.25 a share if it can cross the resistance at $1.41 in the coming week. The recent insider buying of 1.2 million shares at $1.65 per share is also another positive indication that the insider are now bullish about the company.

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Stamps (NASDAQ: STMP) this is a stock that is still flying under the radar of so many traders and has been performing nicely recently. It needs to take out 64.16 (EMA100) next week in order to convince more bullish buyers at these levels.

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Celldex Therapeutics, Inc (NASDAQ: CLDX) After a strong decline since February highs, the stock is forming a base and on lower time frame it has started to form higher high and higher low which is a very positive sign. It might attempt to breakout above $2.3 level again next week and if it succeed we should expect a strong move to the upside.

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Air Products (NYSE: APD) Looking at the daily chart, the stock seems to be forming a Flag Pattern. It may gain the momentum once it manages to break 232.47 levels. Long setup on watch.

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Pfizer (NYSE: PFE) After the recent "crash" from the highs of 44.15 to 33.97, this stock appears to have hit a bottom around 34 as it is more or less trading flat for last three trading sessions. Hence, on a bounce back, the stock can easily test its declining 13-day EMA on the way upside. Swing traders can create fresh longs with a stop below 33.97 on closing basis for a short-term target of 36.5

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Microsoft (NASDAQ: MSFT) The recent correction from the highs of 141.2 brought it down towards its critical support of 132.5 levels (uptrend line) from where it rightly bounced back in Thursday’s session. Sustaining above this key support level, on a pullback, this stock can be expected to test its 140 level again next week or even making new highs. Long setup on watch.

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Obalon Therapeutics Inc (NASDAQ:OBLN) just hit its all time low while MACD Hist is displaying a positive divergence and looks to be starting what I think will be an impressive run off its bottom. Is this the short-term bottom? That is the risk, it could fall further, but I think we see a PSTV type move off these lows.

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Guardion Health Sciences Inc (NASDAQ: GHSI) some of you may recall many of my recent bottom calls, the best being RKDA at $2.5 it hit $9.15 a share. I think GHSI will have a relief rally after its dramatic fall. The stock has held its current range on the hourly chart meaning we could be seeing at least a temporary bottom. I wouldn't be surprised if this stock popped 20-25% in one session soon. We have a nice gap to fill. Note: Company Closed $5.8 Million Underwritten Public Offering on 15th August.

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FuelCell Energy Inc (NASDAQ: FCEL) volume is starting to come back and with it some positive price movement. With the continued growth in interest, the stock should see 45c and better short term.

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aTyr Pharma Inc (NASDAQ: LIFE) is a stock that is still flying under the radar of so many traders. I think right now LIFE is forming a solid base for a substantial move higher. Company has a strong cash position and good pipeline.

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Capricor Therapeutics Inc (NASDAQ:CAPR) suggest you keep this stock on your radar next week. At some point I think it will post an impressive rally. Chart speaks for itself.

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: APD, CAPR, CLDX, FCEL, GHSI, LIFE, MSFT, OBLN, PFE, STMP, TROV, VTVT

11:02 | Permalink |

Technical chart setups to follow next week

Dearest Readers/followers :)

I'm back from vacations and ready to start sharing more free trade ideas using different time frames. Im thinking in start blogging again on a daily basis starting in September, but i need to garanteee first, time for my family. As you know, i grew fast on social media, so it's not easy to manage the time to be able to reply everbody in real-time. Many people dont understand this fact, but as always, i will try to do my best.

Small-capitalization stocks continue to provide great trade opportunities, so i will be playing here as long as the momentum is in our favor (Please note: i dont trade OTC stocks). As you know, small-cap stocks generally provide the best returns for day traders, but we need to be aware of the risks. There could be liquidity problems if someone is trying to take a big position in a small stock, so if your account is small, please diversify in order to avoid been stuck in just one stock and use tight stops. Small cap companies can be a good opportunity because of the cheap share price, but we need to have rules to trade them.

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Grupo Financiero Galicia (NASDAQ:GGAL) is testing again the top of the sideways channel that it has been in for the past month. This channel has been a consolidation of the huge rebound it had in late June. Keep an eye out for a break of 39.22

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Cemtrex Inc (NASDAQ: CETX) this remains a low floater stock to watch. The volume is starting to come back and with it some positive price movement. The real fireworks should begin if price can break/close above the $1.75 area. CETX was a stock that ran from these current prices to over $4.5 a share not long ago. Could it happen again? We will soon find out. The daily MACD line is starting to curl upward, which should eventually lead to price increases. Company announced recently that has a backlog of $50M. If you don't have this stock on your watchlist, now is the time to add it.

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McDonald's (NYSE: MCD) hit a new high on Friday and continues to draw interest. I would keep a close eye on this stock going forward, buyable on any pullback to pivot.

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Celldex Therapeutics, Inc. (NASDAQ: CLDX) This $2 stock is one of the most undervalued small bio cap stocks out there IMHO with nearly $6 per share in cash, and I believe down the road it could be trading better than $2 a share. The stock price is showing signs of a bounce and next level of resistance according to this daily technical chart above is at 2.25. The Daily MACD is also showing a bullish cross, indicating that this push higher may be the start of something much bigger to come. You need to watch this closely because it could break resistance.

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The strong move in Arcadia Biosciences Inc (NASDAQ: RKDA) shares was something that I tweeted Friday in pre-market before the crowd as a potential 100% mover. If you were following my twitter account you would have gotten the tweet when the stock was trading around 2.75 If you jumped in and booked your profits, congratulations. I sold all my old position, however it seems that we could see more gains going forward. Next major resistance is located at 4.99 (EMA200), which is a big area that the stock needs to break.

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Jaguar Health Inc (NASDAQ: JAGX) This $1.56 stock was trading over $17 (RS effect) a share less than two months ago. I think a "dead cat" bounce is in the cards. This isn't a stock you want to be holding onto too long, but the chart itself is looks ready for a reversal. There could be a decent rally for these shares, if they do indeed bounce. From a technical standpoint, MACD is displaying a positive divergence while ADX is starting to turn higher and has crossed above 20 to signal the start of a new trend. Im long.

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Rewalk Robotics Ltd (NASDAQ: RWLK) I initiated a long position on Friday. Notice how the daily MACD is starting to curl up (positive divergence), the grey histogram bars are starting to turn back to zero, showing that the recent downtrend is changing in the opposite direction. Plus, the stock has reached a major support level, where it bottomed out several timers before.

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aTyr Pharma Inc (NASDAQ: LIFE) is a stock I think deserves some watching over the coming sessions for a potential short-term reversal. The stock at $3.11 is a few ticks off its all-time low. I think it will at least get a dead cat type bounce, if not something slightly more sustainable. With nearly $12 per share in cash, and a Bullish MACD crossover on daily chart a big bounce is more than likely at current levels. Im long.

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T2 Biosystems Inc (NASDAQ: TTOO) ended Friday's trading session at 94c, advancing 30% with the stock attracting 4.1 million shares. The stock shows signs of bottoming out with the recent up move from its 52-week low. The stock has also moved back from oversold zone and closed above its 9EMA for the first time since mid-July. There is a high probability for a trend continuation in the next sessions, as the stock could test the next key resistance level in the 1.07 area.

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Realogy Holdings Corp (NYSE: RLGY) posted a very strong bullish reversal candle on high volume and could signal a reversal of the price decline. Watch for continuation. Next pivot point lies at 6.22

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: CETX, CLDX, GGAL, JAGX, LIFE, MCD, RKDA, RLGY, RWLK, TTOO

15:42 | Permalink |

My hot stock watchlist for the coming week

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Matinas BioPharma Holdings Inc (NYSEAMERICAN: MTNB) stock jumped 5% on Friday and broke above the upper trend line of the falling wedge formation in which the stock has been trading since the beginning of March. I expect continuation of current momentum and a move towards the $1.2-$1.3 area in the short term. The MACD started to show a bullish sign and so is RSI, indicating a bullish outlook ahead. Looks like the stock is gonna squeeze some shorts to me.

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I've been following Celldex Therapeutics (NASDAQ: CLDX) for a couple of days now and it looks like it may be turning here. The downtrend line looms above as resistance and I think it could easily catch some momemtum and clear it. Keep the stock on your radar for the next few trading days. If CLDX can break through resistance at 3.78, we should see a strong upside move.

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India Globalization Capital, Inc. (NYSEAMERICAN: IGC) rebounded strongly Friday on pretty heavy volume and might be on the way up again. As you could see above, the stock has several favorable technical factors suggesting that it could breakout its 200-hourly EMA (green line) which often attracts additional traders on the buyside, putting upward pressure on shares. Positive MACD indicates that the stock is a buy. Any move over $1.80 will probably lead to a strong rally. I made a nice scalp on Friday's morning as i tweeted. Let's keep an eye on it. Stop 1.51

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Kadmon Holdings Inc (NYSE: KDMN) appears to be poised for a nice bounce off this bottom.The stock has a long history of big bounces when it the RSI touches extreme oversold levels. This is a solid bounce play that should be kept on the radar.

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Up Fintech Holding Ltd (NASDAQ: TIGR) is still trading sideways in the short-term, between14.5 and 17. Its technical indicators are showing positive signal and the stock price is trading above the major hourly short-term EMA's, denoting the current positive tone, that may turn into a new uptrend soon. Expect an initial run up to 18 with a break higher moving to the 19.5 zone. Stop loss 14.24

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Avon Products, Inc. (NYSE: AVP) has recovered nicely last week and can potentially set-up very well for a swing-trade if the stock breaks through the resistance level at $3.41. Technical daily indicators are becoming more favorable with MACD and RSI starting to turn up. There could be good upside in this trade, so watch AVP closely next week.

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Frontier Communications Corporation (NASDAQ: FTR) is in an ascending triangle formation with higher lows putting some pressure on the 2.68 area, a break of which could move the stock significantly higher. Long setup on watch.

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You need to watch Phunware Inc (NASDAQ: PHUN) stock closely because it could break resistance soon. Stock seems to be forming a head and shoulders bottom pattern. This is one of the very profitable bullish reversal chart. I think we could see double digits again and very soon.

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Blackberry (NYSE: BB) The bears failed again last week to close the stock below its rising 100-day EMA and we saw some call options buying in Blackberry. It was also interesting to know that SAP is again looking for tuck-in acquisitions, and we know how much they love John Chen companies. Can Blackberry be the next Syabse? Well, only the time will tell, but this news sounds interesting. From a technical standpoint, the stock made a great move Friday and was with an increase in volume and I suspect this could be the start of a new rally. It shows signs of recovery with its recent up move supported by short-term EMAs and momentum indicators. 9.21 next breakout watch.

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Tenax Therapeutics Inc (NASDAQ: TENX) jumped 10% Friday finishing the session at the highs of the day on decent volume, suggesting buyers are stepping in. The move puts TENX in high probability of a breakout above key resistance in the 1.78 area where it closed. On watch for continuation higher, this momentum could move stock to the $2 area.

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PDS Biotechnology Corp (NASDAQ:PDSB) just another company in the small bio land trading at bargain prices with more than $21 per share in cash. Watching for $6.50 breakout. All indicators are in favor of an upward price movement.

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ZIOPHARM Oncology Inc. (NASDAQ: ZIOP) Nice price movement on volume Friday and looks ready to break out into new high territory next week. It's important to maintain tight stops on this one in case of a false breakout.

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: AVP, BB, CLDX, FTR, IGC, KDMN, MTNB, PDSB, PHUN, TENX, TIGR, ZIOP

17:53 | Permalink |

Top Trade ideas for next week

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Boxlight Corp (NASDAQ: BOXL) After breaking out above the downtrend line from the early May highs on volume well above the average the stock appears to have also successfully backtested this breakout zone on Friday. Technically, price should resume the uptrend next week. Considering the previous magnitude of the uptrend, a short-term target could be established at 9.68-10.25.

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Auris Medical Holding AG (NASDAQ: EARS) broke the downtrend channel on decent volume. Let's see if it will sustain. Still on my top watchlist for next week. A rally should reach at least the 1.58-1.65 area and could test the EMA50

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Kadmon Holdings Inc (NYSE: KDMN) is still in bottoming mode it looks like. The daily technical indicators are looking better now for the stock. The MACD is starting to rise, confirming a bullish divergence has taken form and the Stochastic also has a bullish crossover. The might attempt to breakout above the $3.78 level on Monday and if it succeed we should expect a strong move to the upside. It has the potential to make a big run next week, so keep a close eye on KDMN and don’t miss the trade.

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Investors continued buying up this stock, as it surged again on Friday this time to the tune of 12.49%. As i tweeted last week and based on the accumulation days this stock should hit the $30 level very soon.

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HUYA broke out and never stopped all day. There is a good chance the stock will continue to move up next week. Tight stops should be used.

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On Saturday, the company reported promising Data for Phase 1/2 Study of Varlilumab and Opdivo® at 2018 ASCO Annual Meeting. Based on the extreme oversold conditions and the good news, CLDX could see tomorrow an oversold/short-squeeze bounce. Levels to watch 84c and 1.05

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Himax Technologies, Inc. (NASDAQ: HIMX) had a nice breakout with a pop of 57c to 8.02 or 7.65% on 5.6 million shares. Technical daily chart shows a bullish sign as the stock is back on top of 100-day EMA with MACD rising and in positive territory. We should be able to see some decent upside movement for the bulls here.

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CohBar Inc (NASDAQ:CWBR) had good volume and a nice candlestick on Friday. Breakout watch over 7.6

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Natural Grocers by Vitamin Cottage Inc (NYSE: NGVC) is setting up nicely to break into new highs. Buy point would be on the day it blows through $11.36 on heavy volume.

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TESARO Inc (NASDAQ:TSRO) Rallied nicely Friday on volume. If it clears back over 52.2 (EMA50), may have some good upside.

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: BOXL, CLDX, CWBR, EARS, HIMX, HUYA, IQ, KDMN, NGVC, TSRO

17:27 | Permalink |

Indexes and stock charts for next week

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iShares NASDAQ Biotechnology Index (ETF) (NASDAQ: IBB) finally broke and close above a very significant resistance zone after a few attempts last week. If it continues to be strong we may test 115 and 119.3 over the medium term.

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S&P 500 Index also broke above a very significant trendline last week. The key daily momentum indicators continue to show signs of upward acceleration. Expect further upside for US stocks.

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PHLX Semiconductor index (SOX) rallied strong again last week to 1363 (key resistance). If the index breaks that level next week, more buying could follow and we will probably test the recent highs. Momentum still to the upside in near term.

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Uniqure NV (NASDAQ: QURE) is consolidating its big run-up from early April from the 22 to 32.5 area. It is currently in a bullish flag formation after dipping slightly off resistance in the 32.49 area. Keep an eye on this stock next week.

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Boxlight Corp (NASDAQ: BOXL) looks to be turning higher again. The ingredients are here for another strong rally. The hourly chart shows a stock that is right on the cusp of a big breakout. If it can break through the $7 level, then I think the $10 mark could be well within reach. The chart looks to be turning around and I would not be surprised if people started getting back into BOXL in anticipation of another BIG rally.

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I've covered MannKind Corporation (NASDAQ: MNKD) in the past, and it appears it is getting investors attention again. The stock needs to break through $1.87 to really get going. A break of that level brings $2.4 into focus. Keep a close eye on this one the next week.

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Celldex Therapeutics, Inc. (NASDAQ: CLDX) in my view, is a great bottom play. The company announced good earnings on Thrusday that could mark the turning point, after a drop from over $2 a share last month to current levels. I think CLDX will post a nice rally from here and deserves being added to your watchlist.

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Tyme Technologies Inc (NASDAQ: TYME) is possibly forming a nice rounding bottom pattern that will breakout soon and shall target 3.27 short-term.

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Turtle Beach Corp (NASDAQ: HEAR) continues to impress. The technical chart is extremely overbought, but there is no sign of a top yet. Play with tight stops.

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VirnetX Holding Corporation (NYSEAMERICAN: VHC) After VHC has hit the $5 level in April the stock took a strong drop, shaking out many longs along the way touching in a new 52-wk low late in the month. Since then, it has recovered and is holding up on strong volume. Those that were not shaken out on the drop seems to be holding and honestly I think this stock could have another run left in its tank.

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: BOXL, CLDX, HEAR, IBB, MNKD, QURE, SOX, SPX, TYME, VHC

09:55 | Permalink |

AC Investor Blog

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

Sunday, August 18, 2019

Several small, mid and big cap stock charts for the coming week

Saturday, August 10, 2019

Technical chart setups to follow next week

Saturday, April 27, 2019

My hot stock watchlist for the coming week

Sunday, June 03, 2018

Top Trade ideas for next week

Sunday, May 13, 2018

Indexes and stock charts for next week

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