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Tuesday, July 12, 2016 

Stocks to Watch for July 13, 2016

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Kura Oncology Inc (NASDAQ:KURA) is gaining momentum and couldkeep running. This week, the stock has finally broke out of the falling wedge formation accompanied by high volume, as we see on its daily chart above. Technical indicators point to KURA being in an upward trend already, but in my opinion, this could be just the beginning of a breakout that could bring good returns. This company has78.48M in cash or nearly $4 per share and Zero debt. I have been accumulating this stock as evidenced by my tweets.

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Box Inc (NYSE:BOX) broke out of a bottom/accumulation pattern. With the RSI rising off an oversold position and with MACD crossing over the signal line, the stock looks prime for a continuation of Tuesday's rally. Plus, we saw unusual options activity (Dec $13). An initial resistance can be found at 11.2.

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Clovis Oncology Inc (NASDAQ:CLVS) has formed an interesting bullish pattern over recent weeks. A breakout above the upper line of the triangle is a signal that there is a potential medium-term trend change taking place.

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Bonanza Creek Energy Inc (NYSE:BCEI) Potential trend reversal in this stock. Next technical buy area is above this trendline on heavy volume.

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3D Systems Corporation (NYSE:DDD) broke out of a consolidation range, as the stock closed up $1 on decent volume. I will be watching it tomorrow for a continuation of this breakout. The short-term trend is still bullish as the stock is still on top of all EMAs. Plus, the MACD is rising on on positive territory and the RSI is moving up. I think the stock has room to go higher. Watch the stock closely on Wednesday.

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Splunk Inc (NASDAQ:SPLK) had a great move on the upside and closed at $59. The stock is setting up to break out and has one more level to go, which is $60.

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FireEye Inc (NASDAQ:FEYE) Setting up a possible resistance breakout trade. Long over 17.03 (declining 100-day EMA).

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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

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Tuesday, January 05, 2016 

Stocks to Watch for January 06, 2016

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Chimerix Inc (NASDAQ:CMRX) looks to be working its way higher after a dramatic fall in price. Despite the general market's weakness, the stock made an impressive turnaround and rallied almost 8% to close the day at $9.30. Resistance for Wednesday’s move is $9.75, which reflects Monday’s high of the day. If the stock can break through resistance, we will have a two-bar reversal, which is very bullish for an upside move. The stock is still oversold as evidenced by the stochastics and RSI and MACD-histogram has ticked up, indicating that the bears are losing momentum, so there is still some chance that the stock may test double digits levels in coming days.

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GameStop Corp. (NYSE:GME) is very oversold and I would be looking for a technical bounce with initial resistance at $30.20. Keep the stock on your screen throughout the day on Wednesday.

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Lion Biotechnologies Inc (NASDAQ:LBIO) As long as the rising 50-day exponential moving average continues to hold up as support, a move to the bottom of the range can be seen as a healthy one. The slow stochastics show the stock is oversold with the possibility of a reversal. On watch.

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VMware, Inc. (NYSE:VMW) Watching for $57.61 (20EMA) breakout. All indicators are in favor of an upward price movement. MACD is rising and has generated a new buy signal today, so keep the stock on your radar for Wednesday’s trading day, as there is good upside potential in this move.

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Micron Technology, Inc. (NASDAQ:MU) needs to break this descending channel drawn by me on the daily chart before we see any sustainable rally. Momentum indicators are displaying a positive divergence. I'll be watching the stock on Wednesday, looking for a follow through move.

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Fitbit Inc (NYSE:FIT) ruled weak and also breached the crucial stop-loss level at $26.46. It may trade lower in coming days.

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3D Systems Corporation (NYSE:DDD) After posting steeper losses in the morning, the stock closed down just one percent on significant volume. If the stock breaks out above today's high, a buy order should be placed. It's a short squeeze candidate.

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

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Monday, January 04, 2016 

Stocks to Watch for January 05, 2016

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Sunedison Inc (NYSE:SUNE) made a strong move up today, closing with a bullish engulfing candle on solid volume. Next buy area is when the stock clears the declining 50-day EMA on heavy volume. Daily technical indicators are looking bullish.

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FireEye Inc (NASDAQ:FEYE) closed above the 20-day exp moving average today for the first time since July. If the gain can be sustained, we could expect more upside. Daily technical indicators are turning bullish. The MACD indicator is rising in negative zone. Slow stochastic & RSI have moved above their respective 50% levels. Immediate resistance 22.50

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3D Systems Corporation (NYSE:DDD) rose $1.14 today to $9.83, the biggest one day gain in 8 weeks. Some technical indicators are starting to point north. Go long on the break of Monday’s high at 10.15.

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Chesapeake Energy Corporation (NYSE:CHK) Strong Bullish day. Nice break from a short term consolidation. Watch for a follow-through day and be sure to set a stop just below the rising EMA9.
 
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

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Saturday, December 26, 2015 

Stocks to Watch for December 28, 2015

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) is screaming for a bounce opportunity and I think we can see some nice moves next week. Go long on the break of Thursday’s high at 8.62. Daily technical indicators are in bearish zones but are beginning to show some signs of turning around. MACD & RSI are showing positive divergences by not falling to new lows. The stock has corrected to a major support where at least a technical bounce is possible. Keep on watch.

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3D Systems Corporation (NYSE:DDD) Keep an eye on this one, looks poised to break out and run higher. Daily technical indicators are looking bullish. The MACD is rising above its signal line in positive territory and the RSI is steadily climbing towards its 50% level. A move above 10.73 next week would confirm the breakout, with an initial target of 12.09 (Declining 100EMA) and secondary target of 12.54. On watch.

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Geron Corporation (NASDAQ:GERN) looks interesting here flagging nicely on low volume, tried to break out on Thursday but failed. Keep it on your watch list. A break of $5.04 with force might give the stock room to $5.30

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Sunedison Inc (NYSE:SUNE) The dip last week to $4.46 might have been an amazing opportunity for investors to snag a few shares. The stock continues to perform strongly and I would really like to see some follow through next week, so keep it on your screen throughout the day on Monday. So far the daily technical chart is still showing buy signal with stock trading above all short-term exp moving averages with MACD on top of signal line.

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Vringo, Inc. (NASDAQ:VRNG) continues to garner some attention and it could explode to the upside in a new rally. I'd look to the $2.80 level moving as the next buy point. If it passes that, then we have room to run to next resistance at $3.9. On the momentum front, I'm seeing some positive divergences in several indicators, such as MACD and RSI.

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Rewalk Robotics Ltd (NASDAQ:RWLK) I think this stock looks overextended in the short-term and a pullback is more than likely going to happen relatively soon.

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Some serious upside volume coming into Cabot Oil & Gas Corporation (NYSE:COG) over the last few days. Looks like it is getting ready for a breakout soon. A high volume move through the 18.09 price level would be buyable. Stay tuned.

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

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Saturday, December 19, 2015 

Watch list for the week ahead - The Christmas week HO HO HO

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BlackBerry Ltd (NASDAQ:BBRY) Despite the market selloff on Friday, the stock closed the week above the 200-day EMA on higher-than-average volume, after the company reported a smaller quarterly loss of just three cents on revenues of $557M in its fiscal third quarter. The break of this resistance 19 months ago (June 2014) triggered a strong bullish signal and generated a massive move upward. A clear break and consistent movement above the Friday's high of 9.09 next week, could trigger further bullish pressure testing the 10/10.5 area. From a technical standpoint, daily indicators are in bullish zones. The MACD is moving above its signal line in positive territory and the RSI indicator is moving above its 50% level. Slow stochastic is also rising above its 50% level. All short/medium EMAs are rising and the stock is now above all major EMAs. Long setup.

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3D Systems Corporation (NYSE:DDD) rose most of the week, closing the week above the 50-day moving average for the first time since October. The stock has posted an impressive four day rally and continues to garner investor interest. Daily technical indicators have turned bullish. MACD is negative but is about to cross over its zero line, while momentum indicators crossed their midlines to the upside, supporting further advances. The bullish volume trend suggests buyers are accumulating stock. It could initiate a sharp rally, back to $12. As long as the stock can remain above the rising 20-day EMA, I like the stock.

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What a rally for GoPro Inc (NASDAQ:GPRO) late in the day. We have to believe that this rally will resume in earnest on Monday. A break above the $20 level would give the stock momentum for a run to test the declining 50-day EMA. From a technical standpoint, the MACD is moving up showing positive momentum while RSI also show bullish movement. Plus, A/D line is moving up, it means the stock is being accumulated.

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I continue to watch Clovis Oncology Inc (NASDAQ:CLVS). The volume is still large so it could potentially try to break out again at any moment. On the daily technical chart, we can see a few things going on here. First, the The MACD continues to trend higher above its signal line. Also, RSI is indicating a potential trend reversal to the upside. Last, and definitely not least, the MFI remains above the 50 centre line. The stock look way oversold and has a big gap to fill upward. You should keep this stock on your screen radar.

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Keep Vringo, Inc. (NASDAQ:VRNG) on your watch list. A break of 2.80 with force might give the stock room to $3.90. The stock is getting some buying and looks poised to post some nice gains if the buying volume persists. A lot of technicals (MACD & ADX) are saying VRNG is about to take off. Plus, recent insider activity has been Bullish. Continue to keep this stock on your radar.

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With the Rambus Inc. (NASDAQ:RMBS) holding above its 9,13 & 20 EMAs, I expect further upside. The stock may expect some resistence at $11.98 per share, the 100-day EMA. The three daily technical indicators, MACD, RSI & ADX are neutral to bullish signalling that sideways to higher prices are possible near term.

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Sunedison Inc (NYSE:SUNE) has been in a strong uptrend since mid-November and it does not looks like this trend will change soon. The volume is still large so it could potentially break out again at any moment. Breakout watch over 6.88

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email antonio.mrcosta at gmail dot com

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

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Saturday, December 05, 2015 

Stocks to Watch for December 07, 2015

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Finisar Corporation (NASDAQ:FNSR) jumped up by 3.32% and closed at $12.46 on Friday. Upside volume has been good lately and the stock is setting up nicely to break out. Buy point would be on the day it blows through $12.54 on heavy volume, which could happen next week. The indicators are looking Bullish. The MACD is above signal line and above 0 line, which is a bullish indicator. Additionally to that, we also have the price currently above all short-term EMAs. FNSR will move very quickly, so watch the stock closely on Monday.

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3D Systems Corporation (NYSE:DDD) is displaying upside momentum on daily chart and looks poised to move higher from these levels. Expect an initial run up to its 50-day exp moving average at $10.52. Technically, the short-term trend for the stock is still an uptrend. Daily MACD and Slow Sto are also rising. Both indicators suggest increasing upside momentum, thus most likely the stock price will break up and through the 9.62 mark soon, which will then act a technical support for the stock price going forward. On watch.

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Relypsa Inc (NASDAQ:RLYP) broke out of an important consolidation area with heavy volume on Friday and will likely have the attention of the swing traders in the next week. The stock hit a high of 29.47 and a low of 21.86 during the day. A break over Friday's high could push it to test $31 level. The near-term outlook is bullish for the stock. MACD is positive and above the signal line. RSI is moving up and above its 70% level (overbought reading).

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Mattel, Inc. (NASDAQ:MAT) broke out from a sidewards movement Friday with high volume. At this level, we should see the stock retest the next pivot point located at $25.66 followed by $26.45. The support level is adjusted to $24.33. MACD is positive and above the signal line. RSI is moving up and above its 50% level. Long setup.

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Texas Instruments Incorporated (NASDAQ:TXN) Looks ready to break out into new high territory. The upward pressure built up over the last few sessions is good and I believe that the price could pop any moment.


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VirnetX Holding Corporation (NYSEMKT:VHC) I continue to see a confluence of "buys", with RSI crossing above 40 and MACD heading up. Some top executives have been acquiring shares for the past few weeks showing the management is bullish of the company's outlook. This is a short squeeze candidate, it has huge short interest nearly 26.73% of the 12.3 million-share float and a crazy short ratio of 39.3 (days to cover).

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Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) is basing between its short-term exp moving averages and another trip to the recent highs can not be ruled out. I believe the analyst meeting on Tuesday (Oppenheimer 26th Annual Healthcare Conference) could be a positive catalyst for shares.

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

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Wednesday, August 26, 2015 

Stocks to keep an eye on August 27, 2015

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FireEye Inc (NASDAQ:FEYE) has been bouncing nicely off lows. If we break above the 39.07 area tomorrow, we can run to 41 easily. On the daily chart RSI bounced off the 30% line and while %K line has just crossed on top over %D line, which could mean that bullish sentiment is gaining traction.

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Novatel Wireless Inc (NASDAQ:MIFI) made a nice breakout today on volume. $2.89 is the next key level to watch on the upside.

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Forward Industries, Inc. (NASDAQ:FORD) Worth eyeing, poised to breakout. Look at the two big volume days. That is serious accumulation. 1.93 is pretty much the pivot here. If it breaks tomorrow, we could see +$3 quickly.

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Bitauto Hldg Ltd (NYSE:BITA) Flagging here + MACD crossover. Looking to see if stock can get over $27.56 for nice bounce into 30's

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3D Systems Corporation (NYSE:DDD) still on high alert. Insiders are spending thousands of dollars ($615,584 / 47200 shares in August) to boost their stakes in the company. The bullish insider activity should indicate the stock is really worth buying. With a huge short interest any positive news could be a catalyst to move the stock up closer to $16.


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

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Saturday, August 22, 2015 

Stocks to keep an eye on August 24, 2015

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Lifelock Inc (NYSE:LOCK) appears to have broken out of a base formation, spiking above the resistance line. The stock closed Friday up 36c to 8.06 and is setting up for a possible move to the 10 area. A clear break above 8.65 could lead to short covering and potentially a short squeeze. Momentum indicators are bouncing off oversold conditions and CMF is very positive (strong and getting stronger).

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3D Systems Corporation (NYSE:DDD) showed relative strength on high volume Friday compared to rest of market, which is a very good sign. If momentum continues as I expect next week, we could have formed a double bottom formation here. The indicators are showing signs of upward reversal. A rally above the 9EMA can push the stock higher to 14.30 and 15.15 in the medium term. Next supports are at 11.82 and 11.66.

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Juno Lighting (NASDAQ:JUNO) I feel this is a potential bounce candidate if market bounces next week. Note the positive divergences on the MACD Histogram and the CMF.

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Ampio Pharmaceuticals Inc (NYSEMKT:AMPE) Nice Bullish candle Friday on above average volume. It has a gap and 100EMA declining resistance above. At this point and given the current stock levels, it is very important for it to break 3.19 level very soon.

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Net 1 UEPS Technologies Inc (NASDAQ:UEPS) broke out on Friday but was unable to sustain those prices (due to the market conditions) and has moved back within the channel. As long as the price trades above the 20EMA support, its ongoing intermediate uptrend will stay intact.

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Apple Inc. (NASDAQ:AAPL) has a strong support between 104.93 and 103.32 which can not easily be broken IMO however the bias remains bearish in nearest term. Immediate resistance is seen around 107.5. A clear break above that area on a close basis could lead price to neutral zone in nearest term testing 112. The stock is very oversold, so a pullback is on the cards.

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OHR Pharmaceutical Inc (NASDAQ:OHRP) With Soros on the list and with so many catalysts going forward I will keep my shares for the time being. Worth reading "Analysts Bullish on OHR Pharma Amid Positive Study" The strong accumulation in late July has shown funds moving into the company.

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

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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