AC Investor Blog

Stocks to keep an eye on February 23, 2015

( click to enlarge )

Arena Pharmaceuticals, Inc.(NASDAQ:ARNA) The stock price went almost to $5 yesterday and that level was rejected once again, causing a strong pullback in the last trading session of the week. From a technical stanpoint and based on the positive divergences of some momentum indicators, there is a possibility that if tested again we will break through that level and continue higher. However, the stock will most likely get a down tick before it breaks out. If stock price can not hold the 20EMA, then look for a test of the lower line.

( click to enlarge )

Oncothyreon Inc (NASDAQ:ONTY) The stock seems to have bottomed as it recently bounced off $1.50 level and is starting to rise after breaking above its short-term downtrend line. Given the recent strength in the stock price and the good fundamentals seems to be cheap buy at the current levels. Last week, the company announced that Robert Kirkman is scheduled to present at two upcoming investment conferences. 2015 RBC Capital Markets' Global Healthcare Conference on Tuesday, February 24 and at Cowen and Company 35th Annual Healthcare Conference on Wednesday, March 4. This could be a good catalyst for a bounce. Stay tuned.

( click to enlarge )

Delta Air Lines, Inc. (NYSE:DAL) has been in a corrective phase since mid-Jan along with the rest of the airline sector, but last week the stock broke the downtrend line and also broke above the 50-day EMA. Technical chart shows possible new rally as %K line has crossed on top over %D line and a positive MACD Cross over has occurred, generating a buy signal. Expect a move to the $50 area in the next days.

( click to enlarge )

Vipshop Holdings Ltd (NYSE:VIPS) is quietly developing a bull flag formation on daily after massive breakout on Tuesday. Buy point would be on the day it blows through $25.96 on heavy volume.

( click to enlarge )

Chicago Bridge & Iron Company N.V. (NYSE:CBI) Although the EMAs still show weakness as 50-day EMA is below 200-day EMA positive momentum seems to be back, as the stock is back above 50-day EMA. Plus, the MACD indicator is also back above zero, indicating the stock is back in bull market. Buy point would be on the day it blows through $43.54 on heavy volume.

( click to enlarge )

Nimble Storage Inc (NYSE:NMBL) had a strong week and broke through its 50 and 100 EMAs. The volume confirmed the breakout as it was greater than average. Look for the stock to test the prior highs of January.

( click to enlarge )

Tremor Video Inc (NYSE:TRMR) broke the small bull consolidation pattern last week. RSI and CMF returned to the Bullish area. If shares can break the $2.45 mark then bulls should be able to target a move to $2.80. Stay tuned.

( click to enlarge )

King Digital Entertainment PLC (NYSE:KING) The stock price is expected to regain its demand as the profit taking seems to be over. This company will pay a special dividend of 94c per share to shareholders of record at the close of business on March 4 (6% dividend yield). I think this special fact will attract lot of buyers (including some Hedge funds and big institutions) in the coming sessions. The stock looks pretty healthy, as money flow remains relatively strong.

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: ARNA, CBI, DAL, KING, NMBL, ONTY, TRMR, VIPS

12:14 | Permalink |

Stocks to Watch for June 16, 2014

( click to enlarge )

Endocyte, Inc. (NASDAQ:ECYT) is forming a potential rounding bottom formation on the daily chart and its neckline is at 7.30. The price rise with increase volume during last week’s trade, suggests bullishness in this stock. Among oscillators, the MACD and RSI are rising indicating strength in the current uptrend. The stock price was unable to rally above the 13-day exp moving average during the month of May, but managed to do so last week. Breaking through this key moving average could signal a trend reversal, with huge upside potential and a Monster gap above the 7.30 level. All eyes on ECYT next week.

( click to enlarge )

FormFactor, Inc. (NASDAQ:FORM) after consolidating in the range of 7.50-7.30 for the last two weeks has given a positive breakout, signalling bullishness in the stock.

( click to enlarge )

Delta Air Lines, Inc. (NYSE:DAL) has been trading in an upward rising channel since mid-April but broke that channel last week on massive volume. The stock is now sitting on a key support level. A break here will move the stock towards the May lows and a test of its 100-day EMA, currently at 35.39. The MACD oscillator has given a negative crossover that supports the short-term negative momentum in the stock.

( click to enlarge )

Twitter Inc (NYSE:TWTR) made a lifetime high of 74.73 in December of last year and then faced a sharp decline up to the 30 levels where the stock made a double bottom. TWTR then resumed its upward rally forming higher tops and higher bottoms on the daily charts. The stock is currently trading near the 50-day exponential moving average that is at 37.62 and can act as a strong resistance.

( click to enlarge )

VIVUS, Inc. (NASDAQ:VVUS) The stock has formed an ascending triangle in the last few weeks and is showing signs of bullishness. A push above $5.44 would be a solid buy signal for traders with a target of 6.3

( click to enlarge )

SanDisk Corporation (NASDAQ:SNDK) Over recent days, I've warned that the stock is showing signs of topping out for the short term. The chart has a Bearish MACD crossover and the RSI has exited its overbought zone suggesting a retrace. We could see a pullback up to $92.50.

( click to enlarge )

Rambus Inc. (NASDAQ:RMBS) recently broke out of a large flag consolidation pattern above 12.80 and is forming now another potential bullish flag that might be worth keeping an eye on. Although a possible pullback to the breakout area (12.80) may not be ruled out, in my opinion it could be seen as a buying opportunity. The recent high volume activity, along w/ positive crossover of MACD on the daily charts suggest fresh buying interest in Rambus.

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: DAL, ECYT, FORM, RMBS, SNDK, TWTR, VVUS

10:20 | Permalink |

Stocks to Watch for February 25, 2014

( click to enlarge )

The Blackstone Group L.P. (NYSE:BX) broke through key resistance level accompanied with high volume today, but didn't have much momentum behind the move, so keep an eye on it to see if tomorrow will confirm intraday breakout.

( click to enlarge )

Tiger Media Inc (NYSEMKT:IDI) is a stock that could head higher from Monday's close. This stock is in the process of bottoming and I expect a pop above $1.60 at some point in the coming days. From a technical standpoint, the indicator MACD still moving upwards after the bullish crossovers and the OBV continues to show strong accumulation. Keep IDI on your radar, as we could be in for a real surprise if momentum picks up and the stock begins to breakout.

( click to enlarge )

Advanced Micro Devices, Inc. (NYSE:AMD) continues to consolidate in a very tight range. What makes this stock interesting is that the range continues to shrink as the stock price hold up near the top of the range. This stock is poised for a move and we're going to be there when it happens. I suspect that it will explode to the upside.

( click to enlarge )

NVIDIA Corporation (NASDAQ:NVDA) is too extended for additional positions here. If you are a disciplined trader, wait for a pull back to decide. A good entry point for a long position would be around $17.55

( click to enlarge )

Molycorp Inc (NYSE:MCP) Today's action suggested that there is more room for the uptrend to grow on stock. A sustained break of $5.62 should bring the stock to a test of the recent highs in the $6.3 area.

( click to enlarge )

Delta Air Lines, Inc. (NYSE:DAL) has been in a steady uptrend for the last six months and is now very near to break another key resistance level. Keep an eye on DAL for a possible breakout over $32.86.

( click to enlarge )

Shares of Zogenix, Inc. (NASDAQ:ZGNX) continue to surge. The stock price is strong and getting stronger every day it seems. If it break through 5.19, then expect more upside. If this happens, ZGNX is a good play.

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: AMD, BX, DAL, IDI, MCP, NVDA, ZGNX

23:10 | Permalink |

Stocks to Watch for June 12, 2013

( click to enlarge )

Angie's List Inc (NASDAQ:ANGI) is looking quite good here for higher prices. Buy point is right around 26.72 or so on strong volume with a target of about 31.

( click to enlarge )

Short-term technical indicators continue to deteriorate into bearish signals. I remain bearish on Wynn Resorts, Limited (NASDAQ:WYNN) and I believe we will break the 50-day EMA very soon.

( click to enlarge )

I like SemiLEDs Corporation (NASDAQ:LEDS) recent price and volume action. Technically the stock looks solid trading above its 50 and 200 day exp moving averages. My model is long, targeting 2.5 area. The stock needs to stay above key level $1.64 to keep the bullish scenario intact. Resistance Levels: 2.09 / 2.23 Support Levels: 1.78 / 1.64

( click to enlarge )

Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Stalking. Breakout watch above 16.25.

( click to enlarge )

The short and medium-term trend in Delta Air Lines, Inc. (NYSE:DAL) looks promising. The stock is currently consolidating sideways after hitting a high of $19.43 in mid of May and may still have a chance to move higher. Short-term support exists at $18.08 and the next support level is $17.32. Short-term resistance exists at $18.88.

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: ANGI, DAL, LEDS, MCRI, WYNN

22:49 | Permalink |

Stocks to watch next week

( click to enlarge )

Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) finally broke above resistance in today's trading session after a period of consolidation. I still like this stock and will be watching it again on Monday, expecting to see a continuation move. Resistance for Monday is $54.15, which was today's high.

( click to enlarge )

Research In Motion Ltd (NASDAQ:BBRY) lost 7.9% on heavy volume but closed above its 50-day moving average. If the stock can hold this level on Monday it should be a really good entry point to take a long position jmho From a technical perspective the stock is on a bull market as the stock is trading above both 50-day and 200-day moving average and 50-day moving average is on top of 200-day moving average heading upwards. Additionally, the MACD indicator is rising above 0 also indicating a buy. Monday will be an interesting day for BBRY. No one knows, how the stock will react. It is a waiting game now !!

( click to enlarge )

Groupon Inc (NASDAQ:GRPN) Technical breakout. I do not see anything until the $6.15-$6.2 area. The stock is now back above the 200-day moving average which is very bullish. Let's keep an eye on her as i think momentum will pick up.

( click to enlarge )

US Airways Group, Inc. (NYSE:LCC) looks like a flag forming, which is a bullish continuation pattern. On watch.

( click to enlarge )

Shares of The Goldfield Corporation (NYSEAMEX:GV) were up nearly 4.5% or 22 cents to $5.18, reaching during the session a new 52 week high at $5.23. The daily chart show a continuation of the trend with MACD and RSI in the Bullish areas. The stock is in a strong bull market with both 50-day and 200-day moving average going up, however in overbought conditions.

( click to enlarge )

Short-term & medium-term bias remains positive for Zillow Inc (NASDAQ:Z). You need to watch the stock closely because it could break resistance soon.

( click to enlarge )

Delta Air Lines, Inc. (NYSE:DAL) If the support holds a move higher could be in the cards.

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, DAL, GRPN, GV, LCC, VRTX, Z

22:18 | Permalink |

6 Stocks to watch out for next week

( click to enlarge )

Starting with Facebook Inc (NASDAQ:FB) on the daily charts. The present uptrend in stock price is getting confirmed as the days go on. Right now, I'm in a long trade that I entered around 29. The medium trend is still bullish, as we can see on the chart above. Immediate support remains at 28.75 followed by 27.4 (50-day SMA). Initial resistance at 32.21. A break above that area could trigger further bullish momentum towards $35 area.

( click to enlarge )

OCZ Technology Group Inc. (NASDAQ:OCZ) made a strong move Friday on unusual volume. The stock was strong all day as it closed up 18.32% to $2.39. If the stock can break Friday’s high of $2.44, we should see a continuation move.

( click to enlarge )

JPMorgan Chase & Co. (NYSE:JPM) has been in a strong uptrend since November and it does not looks like the trend will change soon. Today, the stock broke out an important resistance at $46,87 with solid volume. The trend is in favour of Bulls and JPM still has room to go higher.

( click to enlarge )

NVIDIA Corporation (NASDAQ:NVDA) broke out of a short-term consolidation range on Friday. The high of the day was $12.42, which is resistance for the continuation move. A break of this resistance level could see the stock testing its 200-day SMA at $12.85. Although the stock is still weak as the MACD is below 0, the technical indicator KD now shows positive sign as %K line is now back above %D line. NVDA can be a fast moving stock, so keep it on your radar and be ready for this upside move.

( click to enlarge )

Zynga Inc (NASDAQ:ZNGA) is holding up nicely above its 50-day SMA. The technical chart is showing possible buying opportunity as %K line is about to cross on top over %D line. A close above 2.54 would impart positive momentum. The stock is likely to move to the 2.7-2.76 range on the break past the resistance zone.

( click to enlarge )

I continue to watch Delta Air Lines, Inc. (NYSE:DAL). The volume is still large so it could potentially break out again at any moment. Breakout watch over 14.2

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: DAL, FB, JPM, NVDA, OCZ, ZNGA

23:21 | Permalink |

Swing Trade Setups To Watch Next Week

( click to enlarge )

Shares of Zynga Inc (NASDAQ:ZNGA) closed on Friday with a gain of 4.81 per cent at 5.99 on decent volume. The technical chart is now showing a possible inverted head and shoulders pattern formation, which means that a break to the upside is highly probable. If this bullish pattern completes and plays out target is about 7.50. The neckline is located at 6.18-6.2 and it needs to get broken in order to confirm the pattern. Inverted Head and Shoulders patterns play out about 80 percent of the time but there is a 20 percent rate of failure.

( click to enlarge )

Watch Toll Brothers Inc (NYSE:TOL) very closely next week as it is sitting on its 50 day MA. Additionally, there is a bullish MACD crossover and the RSI is up trending and gaining momentum. Existing investors can remain invested with a stop loss at $25 .Only a close below this level would negate the positive outlook.

( click to enlarge )

Shares of FormFactor, Inc.(NASDAQ:FORM) have been doing well this year, rising from 52 week low of 4.68 in December to 6.50, a 40% plus gain in six months. Let's take a look at the technical chart above and see if the stock is worth buying. The chart shows the stock is on a bull market, as the stock is trading above both 50-day and 200-day moving average and 50-day MA is on top of 200 day MA heading upwards. Additionally, MACD is rising above 0 also indicating a buy and accumulation/distribution indicator still show the stock is on the positive swing.

( click to enlarge )

Delta Air Lines, Inc. (NYSE:DAL) The MACD-histogram has been sloping up and the daily slow stochastics and RSI are both rising, indicating bullishness. Watching over $11.58 for a trade.

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: DAL, FORM, TOL, ZNGA

17:45 | Permalink |

Trade Setups To Watch on Friday , June 01

( click to enlarge )

Shares of Zynga Inc (NASDAQ:ZNGA) seems to have bottomed out and is ready for a decent bounce to 6.75-7 levels where is faces some resistance. We'll have to watch the stock around those levels. If you are long, initial stoploss should be placed at 5.8.

( click to enlarge )

Tellabs, Inc. (NASDAQ:TLAB) is showing signs of bottoming out on the charts along with the MACD giving positive signals. The stock has just broke a Falling Wedge Pattern which is usually bullish.

( click to enlarge )

US Airways Group, Inc. (NYSE:LCC) is a nice stock which has been trending up nicely. I had spotted this beauty last week at around $11 levels and it continues to surprise us on the upside. Many readers have made already made 15%+ on the stock.

( click to enlarge )

Xcel Energy Inc (NYSE:XEL) has just broken out of a range. The stock shall remain bullish above 27 levels.

( click to enlarge )

Delta Air Lines, Inc. (NYSE:DAL) had a very nice day today, breaking out above the $12 level on heavy volume. As long as it can hold this level, it looks good !!

( click to enlarge )

I found also United Continental Holdings Inc (NYSE:UAL) on my scan list. A stock looking to trend upwards. It could be a nice addition to your portfolio $24 might act as good support for the stock. It broke out of a short consolidation today. Volume was strong on signaling that this move should hold. The technical chart above shows a continuation of the trend with MACD and RSI in the Bullish areas. The stock is in a strong bull market with both 50 day and 200 day moving average going up. Keep an eye on it.

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: DAL, LCC, TLAB, UAL, XEL, ZNGA

22:29 | Permalink |

AC Investor Blog

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

Saturday, February 21, 2015

Stocks to keep an eye on February 23, 2015

Saturday, June 14, 2014

Stocks to Watch for June 16, 2014

Monday, February 24, 2014

Stocks to Watch for February 25, 2014

Tuesday, June 11, 2013

Stocks to Watch for June 12, 2013

Friday, March 22, 2013

Stocks to watch next week

Friday, January 25, 2013

6 Stocks to watch out for next week

Sunday, June 24, 2012

Swing Trade Setups To Watch Next Week

Thursday, May 31, 2012

Trade Setups To Watch on Friday , June 01

About Me

FREE NEWSLETTER

Support AC

Follow me

Advertising

PREVIOUS POSTS

TRANSLATOR

Site Information

Stock Market Blogroll

Friends BLOGROLL

ARCHIVES