AC Investor Blog

Top 9 stocks on my Watchlist for the coming week

Dearest readers,

I would like to take this opportunity once again to remind you that I don't send private Twitter messages promoting services nor ask you for money. Plus, i dont have any TELEGRAM, FACEBOOK or INSTAGRAM account. I would also like to make clear that I have never been paid to promote a stock/company, and I never will. All of my stock picks, technical analysis, and posts are crafted utilizing my own knowledge and experience. I trade all types of stocks, big mid and small caps, but never the OTC market. I thank you for coming here and reading what I have to say about stocks on a technical level for informational purposes only.

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Faraday Future (NASDAQ:FFIE) I don't think anyone truly knows where this one is headed after a drop of over 65% last week. Not even those who have heavily shorted this name. All I know is that the hourly chart is indicating a bottom and recent volume and buying action in the last hour seems to support this. The bounce from its lows can be violent and dramatic. I think a quick bounce to $3.2 (Gap zone) or better is in the cards.

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Toughbuilt Industries Inc (TBLT) hit $9.35 on Friday firmly breaking the EMA50 barrier. This is a stock I have covered numerous times last month around $3 calling for a price bounce. We are getting a significant bounce after the stock made a new low of $1.34 only weeks ago. Congratulations to any of you involved in the swing trading session. The stock has now a major resistance at $10

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What does all these notes on the chart mean for Jaguar Health Inc (NASDAQ:JAGX) ? It means it heads higher from here. The Chaikin Money Flow Oscillator is calculated using the Accumulation/Distribution Line and is displaying a positive divergence like in March of this year. The stock in March ran from precisely these levels to $.81 a share. It's hit that price before and it could hit it easily again. History tends to repeat itself and I see it doing so here. Plus, the stock broke the long-term downtrend line. Patience will pay off like in TBLT imho. I'm still long.

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Cyren Ltd (NASDAQ:CYRN) Still watching it. The 20-day exponential moving average needs to be broken as resistance for some momentum to pick up.

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AMTD IDEA Group - ADR (NYSE:AMTD) had a strong bullish candle in the last trading session with high volumes. The next key resistance lies at 2.71. If a breakout happens we can see a target of 3.52. So far, all technical indicators are in favor of an upward price movement. The MACD has generated a buy signal on Friday and is currently above the 0 line. All short-term EMA’s are below the current price. Long setup.

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Vicor Corp (NASDAQ:VICR) broke out on good volume. The stock hit a high of $65.19, which is resistance for the follow through move. You should watch this stock closely on Monday.

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VirnetX Holding Corporation (NYSE:VHC) shares closed higher for the sixth consecutive day on solid volume. The trend continued higher based on the strong technicals. On the daily chart, the RSI is showing overbought levels, suggesting prices could face increasing resistance, so a pullback in the stock should be considered a buying opportunity as it is clearly above its 100-day exponential moving average.

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Brickell Biotech Inc (NASDAQ:BBI) Potential bounce play opportunity. Momentum indicators are still showing positive divergences.

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Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) The monkeypox outbreak has been declared a global health emergency by the World Health Organization. Keep an eye on this small Monkeypox name for a big bounce.

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: AMTD, BBI, CYRN, FFIE, JAGX, TBLT, TNXP, VHC, VICR

19:23 | Permalink |

A few trade ideas for the last week of June 2022

Dearest followers,

I would like to remind everyone, once again, that I don't have any TELEGRAM account, neither Facebook or Instagram. Scam artists are using my Twitter profile photo to create fake profiles and then trying to trick people into promoting its scam products. Please be aware of these schemes going around. I cannot always be ready to report the fake accounts because these MFs block me first.

In addition, I would also like to point out that I don't send private Twitter messages promoting services nor ask you for money. I don't have any trading courses, nor a chat/discord room. I only share technical trade ideas via Twitter/Blog/StockTwits or in some discords that I was invited to participate in.

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Longeveron Inc (NASDAQ:LGVN) mounted a late day run on Friday that featured a frenzy of buying almost exclusively at the ask. You really have to like how this stock closed on Friday, near the upper line of the falling wedge pattern. This chart is one to watch for a potential bottom. The Daily MACD is starting to curl and I could see this stock recovering at least 30-50% from here. We could be in the early stages of a nice rally for this stock. Keep a close eye on it going forward. Just 4.37M shares float per Finzv and it has a 52-week high of $45. I am buying this Alzheimer Stock.

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AMC Entertainment Holdings Inc (NYSE:AMC) I can't identify any pattern here, but I can identify a potential big short squeeze due to its enormous short interest. I think Cliff committed a big mistake last week by provoking the apes. The Karma here could play a big rool by destroying the egocentrics. Watching closely the break and close of the $13 price level. Im long.

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Cyren Ltd (NASDAQ:CYRN) This Cyber name has been trading in a very tight range and looks poised for a breakout. The daily MACD and ADX are in buy mode. The stock trades quickly and I think at some point it will post a rapid ascent. Keep a close eye on this one.

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Nvidia (NASDAQ:NVDA) The daily technical indicators are displaying good signs. Watching for a breakout soon.

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Farfetch (NYSE:FTCH) made a nice move last week and it was with an increase in volume. Next resistance level for the stock is $10.04, but do not be surprised to see some additional resistance at the $10.75 price level. Let's keep an eye on FTCH as I think momentum will pick up again.

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Verve Therapeutics Inc (NASDAQ:VERV) cleared resistance on expanding volume and looks ready to extend its gains. Keep on watch list.

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Orbital Energy Group Inc (NASDAQ:OEG) looks to have found a bottom here around 71c, so watch for a breakout above 84c first for confirmation. Technicals are turning up from very oversold levels. Insiders have been buying and I also took a long position following the smart money.

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Watch carefully this potential double bottom formation in Cyngn Inc (NASDAQ:CYN). The pattern needs to confirm by breaking above the $1.80 resistance. If that break occurs, the stock should be ripe for a long trade. All technicals are looking bullish in the short term.

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Citigroup Inc (NYSE:C) is displaying a short upside momentum. Short-term traders could go long once the share price breaks abv the $48.34 price level. Although this trend is encouraging, the medium-term outlook stays cautious till the stock closes conclusively above $54.25 on heavy volume.

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The break of this key resistance line EMA50 with heavy volume should be the next buy point on BioXcel Therapeutics Inc (NASDAQ:BTAI). If it clears resistance at $12.6 the move may be powerful.

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: AMC, BTAI, C, CYN, CYRN, FTCH, LGVN, NVDA, OEG, VERV

22:25 | Permalink |

Some small-caps are showing surprising resilience, worth a look

Small cap stocks have heated back up this month and should continue to gather some attention due to its historical low valuation that a lot of stocks are hitting. I brought charts which I think will get some interest in the coming days. The point of this post is not to say that large caps are not also providing good setups for next week, but rather taking the opportunity to explore the good momentum of the small cap market and find out the best setups that could provide us great/highly lucrative swing trades (breakout or bounce).

I don't care if the market goes down or up. I'm here to trade and make money in whatever the market offers. If you are afraid of a recession or a market selloff, go home, this market is not for you. A real trader, trades in all types of markets. You don't need to trade everyday in my opinion to make money in the stock market. Wait for a good set up to show up and then bet what you can afford. Waiting for the right trade to show up is the most difficult part of the trade. Let me share some trade ideas.

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Kidpik Corp (NASDAQ:PIK) stock is back to levels it previously bottomed out in March. I took a position on Friday as I suspect that it could provide another great swing trade from current levels. As you know, the last time I traded it we made a huge profit. Let's wait and see now.

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Cyngn Inc (NASDAQ:CYN) Last week the stock finally filled the gap from late April. Daily MACD is starting to curl to the upside which is showing signs this may be nearing a bottom point.

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Cyren Ltd (NASDAQ: CYRN) The good news bolstered the stock last week and could signal another potential rally for this stock. It certainly deserves watching going forward. Breakout watch over 2.65

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E-Home Household Service Holdings Ltd (NASDAQ:EJH) A quick burst of buying pushed this stock above the EMA20 before closing the day at $.38. It's taking less volume to move this stock. If the buyers continue to surface on Monday we should see $.50 - $.75 in the short term. Plus, broke and closed above the downtrend line, signaling a potential trend reversal.

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AeroClean Technologies Inc (NASDAQ:AERC) just keeps heading higher. I like the way its been trading lately. Breakout watch over 14.23

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I know many have lost money on Blue Apron Holdings Inc (NYSE:APRN) as it continues to fall, but at some point this stock will find a bottom and post a strong rally. Could it be right here at $2.53? I would like to point out that Sanberg Joseph N. purchased more than 3M shares at $12 per share on April 29th. More than 30% of the float is sold short. This is a potential big short squeeze play.

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Sharplink Gaming Ltd (NASDAQ:SBET) has started to break out after trading near its all-time lows for several weeks. I like this stock and I think it can post big gains at some point in the future.

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: AERC, APRN, CYN, CYRN, EJH, PIK, SBET

19:12 | Permalink |

Trade setups on my watchlist for the upcoming week

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Allied Healthcare Products Inc (NASDAQ:AHPI) this former pick of mine is gaining momentum again and could return to prior levels. As I have said previously, it is my opinion that this stock will trade to $10 and beyond. There is a lot to like about this stock. This company manufactures a variety of respiratory care devices, medical gas construction equipment, and emergency medical products for use in hospitals and home health care. The Company's medical gas equipment products include medical gas system construction products, medical gas system regulation devices, disposable oxygen and specialty gas cylinders, and portable suction equipment. Friday's volume was the highest since the start of the year, closing with a gain of 12%. Combining the recent price action with the spread of Covid again and the recent oxygen shortage in many areas around the globe, this stock could easily break the EMA200 AT 6.52 and run to next major resistance at $9.70 Keep in mind, this company only has 2.8M public shares float and institutions own more than 9.5% AHPI will move quickly, so keep it on your screen on Tuesday.

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Oxbridge Re Holdings Ltd (NASDAQ:OXBR) is gaining some serious momentum again. If volume can pick up I think this stock can break through resistance at $2.8 and re-test its recent highs around $3.50 This is a stock that went from these same levels to $9 a share. Could this be the start of a similar rally? We will soon find out.

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Astrotech Corporation (NASDAQ:ASTC) pulled back on low volume after approaching $2.65 on Thursday amid some market uncertainty. I used the pullback to build a slightly larger long position on the name. I think the current prices offer a great opportunity. Long setup on watch.

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Digital Ally, Inc. (NASDAQ:DGLY) Strong day in down market. Volume trending up while forming an ascending triangle formation. Trading above all key short-term major EMAs - looks to run higher.

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Cyren Ltd (NASDAQ:CYRN) started position, strong on weak tape. Stock broke through that critical 1.16 level Friday on solid volume. The recent uptrend is intact and signals further bullishness on this stock. The stock hit a high of $1.26, which is resistance for Tuesday’s move. If the stock can break through resistance, we should see a strong follow through move. Watch the stock closely next week.

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XL Fleet Corp (NYSE:XL) needs to hold support here to remain constructive for the short term or the dump will continue. If XL can reverse it would set up a nice base formation, but as noted, it needs to hold support first. On watch.

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Kaspien Holdings Inc (NASDAQ:KSPN) Setting up nicely for new highs. Thin name, but with a good looking chart. Breakout watch over $31.77

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Sorrento Therapeutics Inc (NASDAQ:SRNE) broke through a key resistance level on Friday accompanied with high volume, so keep an eye on it to see if Tuesday will confirm the intraday breakout.

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Keep an eye on Kodak (NYSE:KODK) and monitor its volume, MACD and RSI for any potential breakouts. I think this stock could start heading higher again and test recent highs. Watching 8.90 area for a range break.

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VirnetX Holding Corporation (NYSE:VHC) ended Friday's trading session at 5.69, advancing 12% with the stock attracting 20.5 million shares. The stock shows signs of bottoming out with the recent up move from its 4-month low. The stock has also moved back from the oversold zone and closed above all its EMAs. 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 6.59 area. The trend indicator MACD has triggered a fresh buy signal as it curved upward and crossed above its signal line. Long setup on watch for continuation 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: AHPI, ASTC, CYRN, DGLY, KODK, KSPN, OXBR, SRNE, VHC, XL

16:09 | Permalink |

AC Investor Blog

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

Sunday, July 24, 2022

Top 9 stocks on my Watchlist for the coming week

Saturday, June 25, 2022

A few trade ideas for the last week of June 2022

Saturday, June 11, 2022

Some small-caps are showing surprising resilience, worth a look

Saturday, January 16, 2021

Trade setups on my watchlist for the upcoming week

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