AC Investor Blog

Few stock charts for next week

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NewLink Genetics Corp (NASDAQ:NLNK) is a stock that could head higher from Friday's close. After a strong pullback from a parabolic move, the stock seems to have found decent support at the current levels and a lot of buyers again. The option traders were active in this name on Friday buying a lot of calls (Nov $16). A breakout over $12 with strong volume would send this flying. Due to the high short interest, another short squeeze is not out of the question.

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Ekso Bionics Holdings, Inc. (NASDAQ:EKSO) is starting to turn back up after a long pullback. The stock finished the session onFriday with solid gains of +12% and looks right on the verge of a strong breakout. If it breaks the 1.35 level next week, the move could be powerful and the following uptrend will take price up to $1.8 zone. From a technical perspective the MACD and RSI have turned up and the Slow Sto is again moving upward.

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Plug Power Inc (NASDAQ:PLUG) Friday's action suggested that there is more room for the uptrend. A sustained break of $2.63 on volume should bring the stock price to a test of the Thursday's highs in the $2.82 area.

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Chipotle Mexican Grill, Inc. (NYSE:CMG) is displaying a screaming buy divergence on the upside in several key indicators. A close above 318 will impart bullishness and will help the stock move to the $340 area. A stop at 295 should be used.

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General Electric Company (NYSE:GE) The bulls are facing some resistance at the declining 50-day EMA, plus the 25.05 level, but I suspect the stock is about to break out higher. I wouldn't be surprised to see the stock test the $25.50 area at some point over the next few days. I really like this technical daily chart and expect to see another upside move soon. On watch.

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I keep watching Microbot Medical Inc (NASDAQ:MBOT), waiting for this stock to break out of its Bullish consolidation. Watch this stock if it breaks next week above the 1.42 price level. It's a short-squeeze candidate.

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Heat Biologics Inc (NASDAQ:HTBX) hit my scanner again on Friday. The stock is in the process of a breakout and I expect a pop above $.72 at some point in the coming sessions.

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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: CMG, EKSO, GE, HTBX, MBOT, NLNK, PLUG

15:32 | Permalink |

Stocks to Watch for January 19, 2016

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Wynn Resorts, Limited (NASDAQ:WYNN) Despite the market's sell-off on Friday, the stock closed the session with a 13.34% gain on its heaviest positive trade since October 2. If we could see a V-bounce like we witnessed in October the stock could run towards 68/70 levels which could mean +20% gains. From a technical standpoint, there is a possible double bottom formation evident on the daily chart. Plus, all three technical indicators are showing positive divergences by not falling below their October 2015 lows. The immediate bias is bullish and a break of Friday's high of 59.12 will lead to some big momentum. Keep in mind, Wynn CEO has purchased 1 Million shares between Dec 4 and Dec 8 at prices well above the current levels. On Watch.

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VirnetX Holding Corporation (NYSEMKT:VHC) The stock was a big winner last week on positive news. The company issued a press release on Tuesday saying that its pending patent infringement lawsuit against Apple is scheduled to start on January 25, 2016. I have been featuring this stock on my blog for several months now. It was a stock that no one wanted back and VHC is now seeing strong money flow and buying pressure. After hitting a low of $.1.95 only a few trading days ago, the stock has exploded to the upside . From a technical standpoint, the stock is now looking overbought. A short period of correction or consolidation at current levels will strengthen this rally. But as you know, corrections don't happen because we may want them to happen. Till then, keep your seatbelts fastened and enjoy this fantastic ride. As you can see on the daily chart above, the 4.70/76 area is a strong resistance level that needs to be taken out to see further potential upside. VHC turned into one of the hottest stocks earlier this year and posted some incredible profits for my readers. Vringo, Inc. (NASDAQ:VRNG) is another patent play that you should consider. Hopefully our patience will pay off one day.

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Apollo Education Group Inc (NASDAQ:APOL) was one of the winners on Friday, as the stock closed up $.33 on the day printing a bullish engulfing candle on strong volume. The stock is back near the top of its short-term trading channel and could make a move on Tuesday. Resistance is $7.69, which is the high of this channel. Some indicators are improving but it needs to breakout above the resistance to confirm the change in trend. I suggest you keep this stock on your radar for a long play. At some point I think it will post an impressive rally.

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bluebird bio Inc (NASDAQ:BLUE) The Long-term scenario for BLUE is not encouraging, but we might see some bounce up at this level. The stochastics continued to move down in the oversold zone, but there are some technical indicators showing positive divergences, such as MACD Histogram. The stock has dropped from $106 a share to $42 a share over the course of three months. I think the stock is well over due for a bounce. I started accumulating on Friday.

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Chipotle Mexican Grill, Inc. (NYSE:CMG) volume is starting to come back and with it some positive price movement, which is a good sign for bulls. This positive action suggests the bounce should continue next week, with the next destination being roughly 500. The daily technical indicators have started to improve but remain slightly weak. The MACD indicator is still negative but has crossed above its signal line. The slow sto jumped up from its oversold zone and is above its 50 level. The RSI has risen nicely from the oversold zone and is just below the 50 level (47.35). With the continued growth in interest, the stock should see $500 and better short term. Use the 13EMA as stop.

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Intrexon Corp (NYSE:XON) is coming up to a big level, as the stock is near its declining EMA20. I will be watching this stock closely next week as I expect to see a strong move once the stock breaks through resistance. A move past $27.76 would be a strong indicator of a further bounce higher in the stock. Although the exp moving averages of stock are showing weakness, as the stock is still trading below 20, 50 and 200, there is one technical indicator showing some strength, the stochastics. The stock has chance to start new rally, because %K line has just crossed on top over %D line. The bias is now bullish in nearest term but remains neutral in medium term. 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: APOL, BLUE, CMG, VHC, VRNG, WYNN, XON

17:16 | Permalink |

Stocks to Watch for January 15, 2016

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Rovi Corporation (NASDAQ:ROVI) is setting up nicely to break out. Buy point would be on the day it blows through $18.18 on heavy volume. Only a close below the $16.28 level negates the bullish scenario.

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Alcoa Inc (NYSE:AA) has printed its first bullish candle in seven sessions. With RSI in extreme oversold conditions, it is possible we could see a bounce up to its 9EMA at $8

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Natural Health Trends Corp. (NASDAQ:NHTC) There is a lot of volatility on the daily chart but I think the risk of continued downside here is a lot less than the possibility of a sharp oversold rally. Look for a push to $25 and then a possible test of $28 in the coming weeks. The stock remains in very oversold conditions and the upward move could be quick and impressive. On Wednesday, the Company’s Board of Directors has authorized an increase in its previously announced stock repurchase program from $15 million to $70 million, $10 million of which has already been completed. I'm Bullish at this point.

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Chipotle Mexican Grill, Inc. (NYSE:CMG) After being trading in a bearish tone for some time, the stock appears to making a comeback in favor of the bulls. A break above the declining EMA20 could trigger a rally towards 475 resistance and determine overall bias.

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Vringo, Inc. (NASDAQ:VRNG) If it breaks the upper line of this descending channel, it should take the stock to the area 2.32-2.35 area and possibly 2.52-2.65. MACD is forming a positive divergence on the hourly chart that is certaintly a sign that price can go up. On Watch.

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COMSCORE, Inc. (NASDAQ:SCOR) has finally closed above its declining 50EMA and it did so on heavy volume. The MACD indicator has just started to increase and the RSI is also showing positive signs . Stock price is expected to at least rally the next resistance at $44.19 and even go higher to test the next resistance level at $46.21

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: AA, CMG, NHTC, ROVI, SCOR, VRNG

22:28 | Permalink |

Stocks to Watch for March 20, 2014

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ChemoCentryx Inc (NASDAQ:CCXI) has confirmed the breakout of the ascending triangle formation by surpassing 8.21 resistance level. The break out had substantial volume and MACD seems to confirm the break out. In addition, the A/D indicator shows that the stock has been under strong accumulation lately. Target price is $10.

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BlackBerry Ltd (NASDAQ:BBRY) is still holding the major support zone of $9. The uptrend remains intact as long as the support holds.

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Intel Corporation (NASDAQ:INTC) broke out from a sidewards movement today with high volume. The stock hit a high of 25.25 and a low of 24.77 during the day. A break over today's high could push it to test $26. The near-term outlook is bullish for the stock. MACD is positive and above the signal line. RSI is moving up and above its 50% level. Long setup.

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Broadcom Corporation (NASDAQ:BRCM) I like the idea of getting long here with a stop below the 200-day EMA. The MACD is making a bullish crossover and the RSI is also rising.

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Chipotle Mexican Grill, Inc. (NYSE:CMG) Looks ready to break out into new high territory. On watch.

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, BRCD, CCXI, CMG, INTC

22:08 | Permalink |

Potential setups for next week

Hi everyone,

Here are a few stock winners from last week watch list : Zynga Inc (ZNGA), Pacific Ethanol Inc (PEIX), Tesla Motors Inc (TSLA), Huntington Bancshares Incorporated (HBAN), Chipotle Mexican Grill, Inc. (CMG), Sears Holdings Corporation (SHLD), Dendreon Corporation (DNDN), Adobe Systems Incorporated (ADBE), Boyd Gaming Corporation (BYD)

The action in the market continues to be very strong as we make new higher highs on SP500, therefore my bias is on the bullish side. Also, economic data continues to show strong improvements. Here are some more potential setups for next week.

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First Solar, Inc. (NASDAQ:FSLR) is one of the stocks I'm following which has a very nice rising channel pattern with higher lows and higher highs. It pulled back on low volume Friday, holding support at the 20-day EMA (30.01). Could move again soon. The bullish scenario in short-term still intact so we must see this bearish momentum just as a correctional movement. My model remains mixed with upside bias. On a medium-term basis, the next target is somewhere up around the 39-40 zone.

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Still keeping my eye on Inteliquent (NASDAQ:IQNT). The stock seems to be forming an ascending triangle with resistance at approximately 3.15. Once that level is breached on a closing basis that holds, the next target is $4. All short-term EMAs are rising and the stock is well above. At this point, the technical indicators are supporting the bullishness. The MACD is moving up in the positive zone and is above the signal line.

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VIVUS, Inc.(NASDAQ:VVUS) made a big move last week, the stock was able to move past several important levels of resistance in just a week. On the chart, shares are breaking 1 month downtrend and currently forming a bullish consolidation flag above its 200-day EMA with next resistance at $13.96 and $14.84. VVUS also has 28% of its float short, 4 days to cover. Long setup.

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The long awaited break of its 200-day EMA is just one step away. Watching for $5.68 breakout. The technical chart above shows very bullish sign as the stock is on top of 20-day EMA with it also on top of 50-EMA. In addition, RSI is still above the 50-line and heading north. If you haven't added RMBS to your watchlist, now is the time.

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Apple Inc. (NASDAQ:AAPL) has recently been trading with increased volume and is about to test resistance at $480.58. The stock needs to close above this level to indicate a continuation of the rally and the following uptrend will take price up to $500 zone.

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Xilinx, Inc. (NASDAQ:XLNX) had an interesting day on Friday, as it broke out of the range and closed near the highs. Friday’s high was $37.63, which is resistance for the continuation move on Monday. There is a lot of upside in this trade, so keep XLNX on your screen next week.

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, ADBE, BYD, CMG, DNDN, FSLR, HBAN, IQNT, PEIX, SHLD, TSLA, VVUS, XLNX, ZNGA

12:10 | Permalink |

Tuesday February 5th watchlist

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OfficeMax Incorporated (NYSE:OMX) had a nice surge a few weeks ago and has been consolidating that move since then. Keep an eye for a possible breakout over $11.19.

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Chipotle Mexican Grill, Inc. (NYSE:CMG) is still in its sideways range. Resistance stays at 314.99, which is the high of this range. Stop loss for long positions may be placed at $293.39. A close below this level would impart weakness in the stock. Keep a very close eye on CMG and be ready for the stock to make its move very soon.

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Sears Holdings Corporation (NASDAQ:SHLD) enjoys a strong support at the 45.39-45.82 zone. A breach of this zone would have negative implications. The near-term trend appears bullish and would remain so, as long as the stock holds above these levels. The near-term outlook will depend on the price movement in the next few days. A breakout or breakdown may happen soon.

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Las Vegas Sands Corp. (NYSE:LVS) is pulling back after recent strong move up. If it does not catch support here on its 9-day EMA, look for support at $52.22.

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: CMG, LVS, OMX, SHLS

22:13 | Permalink |

AC Investor Blog

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

Saturday, September 23, 2017

Few stock charts for next week

Sunday, January 17, 2016

Stocks to Watch for January 19, 2016

Thursday, January 14, 2016

Stocks to Watch for January 15, 2016

Wednesday, March 19, 2014

Stocks to Watch for March 20, 2014

Saturday, February 09, 2013

Potential setups for next week

Monday, February 04, 2013

Tuesday February 5th watchlist

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