AC Investor Blog

Stocks to Watch for July 01, 2014

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BlackBerry Ltd (NASDAQ:BBRY) price broke above the small bull flag formation today by gaining 4.70 per cent with above average volume. It has a short-term target of 10.9 and it could move a lot further given a very strong short-term bullish trend. A strong move above this key horizontal resistance line will pave way for 11.85 or 12.18 in the medium-term.

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J.C. Penney Company, Inc. (NYSE:JCP) is setting up for another run. Lets see if it breaks over $9.55 this week. Long set-up on watch.

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D.R. Horton, Inc. (NYSE:DHI) A potentially break out could occur if price breaks above 25.02.

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, DHI, JCP

22:08 | Permalink |

Stocks To Watch For November 06, 2012

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InterDigital, Inc. (NASDAQ:IDCC) continues to impress to the upside. The stock posted a 3.19% gain today on decent volume. It's still on my buy list and hold list from $28, and I remain bullish on these shares. If the money continues to flow into this stock, you could expect more gains. Looking at recent trading action there is not any heavy selling to note, which makes me totally confident that this stock is poised to make a nice move higher. The technical daily chart shows very strong upward momentum as the stock is above the 50-day moving average with both 50-day and 200-day moving average going up. In addition MACD also show very bullish sign. Keep IDCC on your watchlist.

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Lattice Semiconductor (NASDAQ:LSCC) Keep an eye for a possible breakout over $4.05. Good accumulation going on. The technical daily chart shows positive sign as the stock closed for the third day in a row above 50-day moving average that had remained unbroken since late September. In addition, with MACD now above 0 we should see more upside from this stock.

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Integrated Device Technology, Inc. (NASDAQ:IDTI) A high volume move through the 6.07 price level would be buyable. MACD crossover on daily chart.

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Qihoo 360 Technology Co Ltd (NYSE:QIHU) Stalking. I'd like to see this close over 22.72 before getting involved. The technical chart shows a golden cross, a very bullish formation. The stock could see a test and break of the recent highs in the near future.

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Looks like D.R. Horton, Inc. (NYSE:DHI) shares have a good chance to continue higher and a buy could be made as it moves over $22.79. If this happens, DHI is a good play. The Technical daily chart shows the stock is on a strong bull market as the stock is trading above 50-day and 200-day moving with both moving average pointing upwards. In addition, MACD has a bullish crossover.

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: DHI, IDCC, IDTI, LSCC, QIHU

22:30 | Permalink |

Watchlist for Wednesday, September 5

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Shares of D.R. Horton, Inc. (NYSE:DHI) surged 2.6% to $19.49 per share breaking out an important resistance on rising volume. We should be able to see some decent upside movement for the bulls here. From a technical standpoint the stock still in a very strong bull market with MACD on top of signal line and 50-day moving average on top of 200-day moving average.

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Louisiana-Pacific Corporation (NYSE:LPX) broke out of a short consolidation period on solid volume. Short-term outlook for the stock is bullish.

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ISIS Pharmaceuticals, Inc. (NASDAQ:ISIS) new highs hit today on expanding volume and looks ready to extend its gains. Buy the stock in dips with tight stop-loss at $13.01. Just an amazing Bio-stock to watch, just when you think its dead it comes back stronger than ever. If the stock can break today’s high of $15.19, we should see a strong follow through move. ISIS will move very quickly, so keep a very close eye on the stock.

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Zale Corporation (NYSE:ZLC) Continues to Breakout. Might pause but looking to add on any dip. Stochastics are showing momentum severely overbought and suggesting a possible exhaustion in the bullish run.

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Modine Manufacturing Co. (NYSE:MOD) has a very interesting daily chart and could have a move soon. Resistance for this move is $7.28. The technical chart looks really bullish in short-term as the stock is trading above 50-day moving average and the 13-day MA crossed above 50-day MA recently. Heavy volume on up days. Worth watching for a breakout.

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Career Education Corp. (NASDAQ:CECO) nice up move on expanding volume with a bullish stochastic cross. Next Res 3.41 then 3.44

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: CECO, DHI, ISIS, LPX, MOD, ZLC

22:02 | Permalink |

Stock Picks for Friday August 17

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On Tuesday, I mentioned PulteGroup, Inc.(NYSE:PHM) as a potential breakout play. Sure enough, the stock broke out today. Technical chart shows very strong bullish sign. I'm using today’s high of $13.75 as resistance for Friday. A break above that area could trigger further bullish momentum and keep the bullish scenario intact. You should use the pullbacks as an opportunity to add fresh longs.

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D.R. Horton, Inc. (NYSE:DHI) had a great move on the upside and closed at 18.92. The stock is inching closer and closer to another breakout move. Volume looks like it is picking back up and the technical indicator MACD has crossed over. Look for a break above the 19.31 level to enter longs.

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Weyerhaeuser Company (NYSE:WY) broke out on good volume. The stock hit a high of $24.50, which is resistance for the follow through move. You should watch this stock closely on Friday.

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Sarepta Therapeutics Inc (NASDAQ:SRPT) had a strong surge on big volume today. The stock is poised for a breakout to new 52-week highs, but it may pull back a bit and consolidate before it moves up again. On watch.

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FormFactor, Inc.(NASDAQ:FORM) - On the technical daily chart above, you can see that the accumulation/Distribution line is gradually increasing indicating people are buying shares rather than selling them. Additionally, Slow Stochastic is way oversold and the Chaikin Money Flow is improving again indicating more buying than selling pressure. According to Yahoo Finance, FORM has $5.56 per share in cash and has a book value of $6.65, so these shares are trading below cash levels and book value.

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: DHI, FORM, PHM, SRPT, WY

23:01 | Permalink |

5 Stocks To Watch For Thursday

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The stock on the spotlight today is InterDigital, Inc. (NASDAQ:IDCC). The stock surged more than 14% or $3.88 to 31.88 per share at six times average volume after court rules Nokia violated its patents. I alerted my twitter followers at $27.50 this morning before the spike. From a technical standpoint the stock broke an important resistance at $30 on heavy volume. This means there is more upside. The decline over the last few weeks occurred on lower volume and the stock is firming above its 50-day moving average. The technical chart shows the stock is now back to uptrend and with %K line above %D line and RSI above 60 we may see more upside. In addition, the on balance volume is increasing, this clearly shows that smart money is moving into the stock. The share price is likely to move to the target zone of the 34-35 range. For the long term the stock should still continue to go up.

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D.R. Horton, Inc. (NYSE:DHI) - The 19 area has proven to be a strong resistance for the stock and a breakout above this region is bullish. Over the last sessions the stock has failed to move higher and closed today just above the major support level of 17.22 ( 50-day MA ). If the stock breaks below this level, the downside target is roughly $15.50.

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First Solar (NASDAQ: FSLR) reported earnings after the close and the market loved what they saw. The company reported $1.27 earnings per share for the quarter beating the analysts consensus estimate of $0.92 by $0.35. First Solar’s revenue was up 79.5 percent compared to the same quarter last year. FSLR is trading up after hours and I expect it to gap open on Thursday. I'm using the May 22th high of $16.42 as resistance.

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FormFactor (NASDAQ: FORM) also posted its quarterly earnings results today. The company reported ( $0.08 ) earnings per share for the quarter, beating the analysts’ consensus estimate of ( $0.13 ) by $0.05. FormFactor’s revenue was up 17.6% compared to the same quarter last year. The stock has been trading within a rising channel since December 2011 and gives traders great exit and entry levels. I'm curious to see how it reacts tomorrow after the strong results.

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Despite the general market's weakness Zalicus Inc (NASDAQ:ZLCS) made an impressive turnaround and rallied almost 6% to close the day at $1.12. The next visible resistance is at $1.25-1.27 area. The MACD seems to be crossing up indicating bullish swing.

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: DHI, FORM, FSLR, IDCC, ZLCS

22:56 | Permalink |

AC Investor Blog

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

Monday, June 30, 2014

Stocks to Watch for July 01, 2014

Monday, November 05, 2012

Stocks To Watch For November 06, 2012

Tuesday, September 04, 2012

Watchlist for Wednesday, September 5

Thursday, August 16, 2012

Stock Picks for Friday August 17

Wednesday, August 01, 2012

5 Stocks To Watch For Thursday

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