AC Investor Blog

Stocks to Watch for July 21, 2016

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Today's close was notable for aTyr Pharma Inc (NASDAQ:LIFE). The stock closed the session gaining more than 16% at 3.06 and it appears that the momentum is just beginning. Shares broke the downtrend line that has been in effect since December last year. Wednesday’s volume was the highest in the past three-months. It could be on the verge of making a stronger move upwards. Technical indicators are looking bullish and support a further climb with an initial price target of $3.60. Plus, some top executives have been acquiring shares for the past few months showing the management is bullish of the company's outlook. Let's see what Thursday brings.

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Tableau Software Inc (NYSE:DATA) broke a key resistance level today pointing the way for further move up. Dailt technical indicators such as MACD is confirming the upside movement and the volume was significantly higher compared with last two days. Go long on the break of Wednesday’s high at 57.82.

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GameStop Corp. (NYSE:GME) finally closed back above its 200-day moving average and remains well above its 100 and 50-day EMAs. I'll be watching the stock on Thursday, looking for a follow through move. Resistance reflects today’s high of $31.32. GME will move very quickly, so keep the stock on your screen throughout the day on Thursday. From the chart, looks like the next major resistance is at $33

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Square Inc (NYSE:SQ) Watch this one as it approaches the resistance area. Needs to take out 9.77 (declining 50EMA). The break of the resistance with heavy volume should be the next buy point on SQ.

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Relypsa Inc (NASDAQ:RLYP) Price bull flagging above the 200EMA, while the small pullbacks have been on declining volume. Watch this flag, any break on volume can be played accordingly.

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Ocean Power Technologies Inc (NASDAQ:OPTT) The monster move continues. The stock shows no signs of slowing down. For momentum traders, this stock could be one to get into for a shorter-term play with tight stops.

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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: DATA, GME, LIFE, OPTT, RLYP, SQ

22:15 | Permalink |

Stocks to Watch for March 30, 2016

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Relypsa Inc (NASDAQ:RLYP) gained 7.34% to 95 cents per share after Brean Capital analyst Difei Yang has started coverage with a Buy rating and $26 PT, which represent a potential upside of 80% from current levels. From a technical standpoint, the stock broke the downtrend line from the December highs on relative high volume and could eventually rally up to test its 50-day EMA in the next sessions. In addition, MACD indicates positive momentum, while RSI is also gaining strength. With a 40% of float short, the stock looks poised to post more gains heading into the weekend. Keep it on your watch list.

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Activision Blizzard, Inc. (NASDAQ:ATVI) cleared resistance on expanding volume and looks ready to extend its gains. Keep on watch list.

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Tableau Software Inc (NYSE:DATA) is back on the list for Wednesday’s trading session. Nice bullish candle on high volume today. Looks like higher prices to come. Resistance reflects Tuesday’s high.

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Plug Power Inc (NASDAQ:PLUG) made a nice move and it was with an increase in volume. Next resistance level for the stock is $2.18, but do not be surprised to see some additional resistance at the $2.25 price level. Let's keep an eye on PLUG as i think momentum will pick up again. Im long.

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Chimerix Inc (NASDAQ:CMRX) Watch for a potential swing long entry. The daily technical chart depicts a resistance near 5.26 level. A break above this level will confirm a new bullish trend and the following uptrend will take price up to $6 zone. The MACD is moving higher, which is a sign of growing strength in the stock. You need to watch this closely because it could break resistance.

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Sensata Technologies Holding N.V. (NYSE:ST) broke out of a flag formation on higher volume today. This will lead to a price target of 39.75-40.20. Key indicators on daily charts suggest continuation of positive bias and the stock price is likely to show further up side.

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I have United States Steel Corporation (NYSE:X) on my watchlist. It may be ready to break out of this consolidation. Potential swing long above 16.26

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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: ATVI, CMRX, DATA, RLYP, ST, X

22:03 | Permalink |

Stocks to Watch for March 01, 2016

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BlackBerry Ltd (NASDAQ:BBRY) made a great move today closing above the 100-day exp moving average for the first time in seven weeks and was with an increase in volume, which shows us there are buyers in the stock. It has a lot of potential to be a big percentage mover. On the technical side, MACD and ADX all point to upward trend while RSI is also rising. Watch the stock closely on Tuesday, and once it breaks through $7.93, get ready to enter the trade.

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Sphere 3D Corp. (NASDAQ:ANY) displayed some impressive relative strength today with a 13.58% gain on volume above average. I think we will see some nice follow through tomorrow. The next major resistance area is around $1.89 (100EMA). Could be a high flyer on breakout.

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Build-A-Bear Workshop, Inc (NYSE:BBW) broke through a key resistance level today accompanied with decent volume, but did not have much momentum behind the move, so keep an eye on it to see if tomorrow will confirm the intraday breakout.

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Vringo, Inc. (NASDAQ:VRNG) made a nice upside reversal today in a weak market. It may be ready to break out of this potential bullish flag consolidation. Only a close above 2.78 would suggest further upside. Accumulation line is pointing up, which means it is under accumulation. The MACD is also moving higher. VRNG will move quickly, so keep it on your screen.

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Tableau Software Inc (NYSE:DATA) Will Continue to watch this stock. Potential breakout play. Watching over 46.32 with resistance at 50.20.

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GoPro Inc (NASDAQ:GPRO) Watch this trend line and play accordingly. Momentum indicators suggest continuation of positive bias for the stock. Lets keep an eye on 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: ANY, BBRY, BBW, DATA, GPRO, VRNG

22:03 | Permalink |

7 High Momentum Stocks to Watch next Week

What a week my twitter followers had with some amazing gains on multiple stocks from my watchlist : VRNG, WTW, NK, XON, TEX, ZIOP, CSCO and KMI. So, a big congratulations to all of you. Here are the stocks you should be watching next week.

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Vringo, Inc. (NASDAQ:VRNG) price finally broke out of the falling wedge formation last week accompanied by HEAVY volume, as we see on its daily chart above. With over 9.5% of the float being held by short sellers, the stock could see another major rally to higher levels as the shorts cover their positions. There was strong buying interest throughout Friday's session and I see no reason why Monday won't be any different. With the 100-day EMA at $2.86 and the 200-day EMA at 4.62, there is a lot of room for this rebound to go. Momentum indicators are slightly bullish now with RSI inching away above the middle level. The strongest sign of a bullish momentum is the daily MACD indicator which has just started to increase. The A/D is also showing positive signs on the stock. I suspect we could see a parabolic move upward, so keep it on the radar.

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Microvision, Inc. (NASDAQ:MVIS) had a great move on the upside Friday and closed at $2.85. The stock is setting up to break out and has one more level to go, which is $2.90. This stock has a short interest ratio of 52 (Wow) based on average daily volume of 184.000 shares and 7.9 million shares short (17.16% of float SHORT). This stock could be a good short squeeze opportunity on any positive news/breakout. From a technical perspective, the stock is back to bull market rally with daily MACD on top of 0 and +DI line on top of -DI line (When +DI crosses above -DI a buy signal is triggered). The stock has good upside potential, so keep watching the stock for further moves. Watch the stock on Monday, because once it breaks through, it will run fast. Im long.

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Nuance Communications Inc. (NASDAQ:NUAN) continued to show strength and is still worth watching. During Friday’s trading session, the stock closed at its High of Day, breaking an important resistance zone. I think that the 20 dollars range will be tested in coming sessions. Technically, the stock is bullish with a lot of hot indicators showing up. The slope of the recent upward move is very steep accompanied by increasing volume. I feel very strongly that NUAN will rally towards the $20 range and then have some type of pull back. Plus, we saw unusual options activity Friday. Im Long.

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Tableau Software Inc (NYSE:DATA) I think the rebound is still intact. The $45.15 (9EMA) level will present some resistance next week, but any break or close above this key resistance line will set $50 into focus. Short-term technical indicators continue to improve. The drop after earnings was an overreaction and exaggerated IMHO.

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Let’s take a look now at Canadian Solar Inc.(NASDAQ:CSIQ). Looking at the daily technical chart, we can see that it is positively reacting to the recent events. This stock is now consolidating the recent surge above the 20EMA. The good side of this stock technically is that the MACD has turned up and is rising, so CSIQ is still bullish for now even if it is still consolidating. Although both 50 & 200 EMAs are falling, the rising KD shows the stock is probably now in recovery mode. By a technical perspective, the outlook is now bullish and the stock could move to $20.4-21 levels in the near term.

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I'm keeping an eye on Ctrip com International, Ltd. (NASDAQ:CTRP) for a breakout above its 50-day EMA located now at 42.67. A break of this flag pattern could move the stock towards the $45 level. The stock looks pretty good holding above its 20 and 200 day exp moving averages. The 9 day EMA also just crossed above the 13 day EMA which is another positive bullish signal. Watch the stock closely next week.

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Rambus Inc. (NASDAQ:RMBS) I continue to support the idea of a possible break out of this large consolidation pattern. As long as 11.50 support holds the sideways movement could be treated as consolidation of the uptrend from 10.75, and another rise to 13.50 area could be expected after consolidation. A break and close above the top of the range on volume will signal completion of the pattern. Beside that the stock has a nice gap to fill.

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Weight Watchers International, Inc. (NYSE:WTW) was a stock I alerted to my twitter followers on Thursday before the breakout. For those who got in when I alerted, congratulations on your 20% profit. From a technical standpoint, price broke through that critical 14.59 level Friday on heavy volume and looks to be heading higher. The stock hit a high of $15.29, which is resistance for Monday’s move.

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: CSIQ, CTRP, DATA, MVIS, NUAN, VRNG, WTW

14:58 | Permalink |

AC Investor Blog

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

Wednesday, July 20, 2016

Stocks to Watch for July 21, 2016

Tuesday, March 29, 2016

Stocks to Watch for March 30, 2016

Monday, February 29, 2016

Stocks to Watch for March 01, 2016

Saturday, February 20, 2016

7 High Momentum Stocks to Watch next Week

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