AC Investor Blog

Chart setups to keep an eye on next week

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Rewalk Robotics Ltd (NASDAQ: RWLK) is back in play. The stock was one of the winners on Friday, as the stock closed up $1.58 or 30.1% on the day. If the stock can break Friday’s high of $7.10, we should see a continuation move.

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Jaguar Health Inc (NASDAQ: JAGX) was added to my watchlist as a possible bottom bounce-play for next week. Fresh R/S play hitting extreme oversold conditions. Just 1M shares float right now. I took a small position but will increase on the break of 7.50 R/S plays are very HOT and the momentum here will start sooner or later. Timing is everything on these stocks.

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Auris Medical Holding Ltd (NASDAQ: EARS) is another R/S play that I am watching closely. If it clears resistance at $3.13 on volume, the move may be powerful.

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Novus Therapeutics Inc (NASDAQ: NVUS) i still holding. Big catalyst next week and a potential double bottom pattern on daily $2.5 is the first short-term target on a bounce. Crazy Friday after-hours trading basically on no news. Please read the meaning: SEC Form S-1 Definition

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Tilray Inc (NASDAQ: TLRY) has had a rough time over the past months, but Friday’s bounce could be the first move to recovery. Short-term indicators are starting to line up. The chart suggests that stock might find now resistance at $41.77 (declining EMA20). Only a close above this level would suggest further upside.

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Alibaba Group (NYSE: BABA) showing signs of bounce coming MACD cross. It is on the verge of breaking out and it could happen very soon. At this stage it is definitely a wait and see if the resistance will be easily taken out by the bulls $156.11 break out watch.

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Blackberry (NYSE: BB) could be in the early stages of a technical breakout. Daily Momentum indicators are showing bullish signals supported by rising MACD and RSI on charts. The major resistance level for stock is located at $8.12 A close above would be very bullish. Keep it on your watch list going forward.

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Another great trading week for Workhorse Group Inc (NASDAQ: WKHS), however the buying pressure appears to have eased (see decreasing buying volume). Anyway, If the money continues to flow into this stock next week, you could expect more gains. Play it with tight stops.

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: BABA, BB, EARS, JAGX, NVUS, RWLK, TLRY, WKHS

22:31 | Permalink |

Trading set-ups to watch next week

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Nio Inc (NYSE: NIO) is getting ever so close to breaking out higher. This stock is starting to gain interest and could see a rapid ascent as the accumulation by institutions continue. Technically, the hourly chart shows a bull flag formation with the stock price on the verge of a breakout.

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Vaxart Inc (NASDAQ: VXRT) could be at the beginning stages of another big rally. One that could ultimately take this stock back over $5.4 and beyond. Hourly technical indicators are beginning to turn bullish. The MACD is rising above its signal line and the RSI has moved above its 50% level. A move above $3.92 (Friday's high) opens the door to $4.6. I'm Bullish at this point.

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I have Seven Stars Cloud Group Inc (NASDAQ: SSC) on my watchlist. It may be ready to break out of this base. There are some signs that the stock is gaining some momentum in recent days. It is well oversold and a bull move is probable for the coming sessions. The technical daily chart shows some bullish divergences on MACD and RSI. Keep an eye on SSC and be prepared for this upcoming move.

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Auris Medical Holding AG (NASDAQ: EARS) what a rally for this stock late in the day on Friday. You have to believe that this rally will resume in earnest at the open tomorrow.

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GTx, Inc. (NASDAQ: GTXI) could we be looking at the next EARS type run? After being trading in a bearish tone for some time the stock appears to making a comeback in favor of the bulls. It has already started its bounce back up and looks poised to break resistance at $1.85. d I think the stock could see $2.1 or better in short-term.

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CorMedix Inc. (NYSEAMERICAN: CRMD) has been one of the most impressive stocks over the last two weeks. From a short-term view, stock remains very overbought, but in my honest opinion and based on the volume, this appears to be a good overbought condition. As a result, any dip should be bought.

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Canopy Growth Corp (NYSE: CGC) looks strong enough to move forward. The stock closed nicely above the major short-term EMA levels with solid volume. At this level, we should see the stock retest the next pivot point located at $50.99 followed by $55. The support level is adjusted to $47.5

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Could Turtle Beach Corp (NASDAQ: HEAR) be on the verge of a breakout? The buy trigger is above Friday's high of 21.15. All major indicators are displaying bullish signals.

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: CGC, CRMD, EARS, GTXI, HEAR, NIO, SSC, VXRT

17:57 | Permalink |

My stock watchlist for the week of October 01, 2018

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BlackBerry Ltd (NYSE: BB) brokeout from a descending channel yesterday with large volume after reported earnings above Wall Street consensus. Looking at the daily technical chart above the stock shows very strong bullish sign. First of all, the stock is trading now above both 50-day and 200-day exponential moving averages. Then the MACD indicator is rising above zero line also indicating a buy. In addition, the ADX turned up as a result of Friday's strength, with bullish price movement in control and RSI is also moving up. I'll be watching the stock again on Monday for a follow through. Resistance is $12, which was yesterday’s high. This is my long term invesment. John Chen is doing a great job turning around this company. When it comes to Blackberry, the recent history tell us to ignore the analysts, because they have been always wrong since the 6's. I have a lot of respect for analysts, but in this particular case i dont agree with them. Honestly, i think Blackberry is going to be a great stock for patient investors.

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Amarin Corporation plc (NASDAQ: AMRN) had big buyers in it all day on Friday and looks ready to make another move next week. This company has been a subject of takeover rumors the past few days, which has driven the stock straight up. I am keeping AMRN on the list for the next few days.

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New Age Beverages Corp (NASDAQ: NBEV) is flagging nicely on hourly chart. Watch Monday's action for a possible breakout over $5.72

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CorMedix Inc. (NYSEAMERICAN: CRMD) broke out to new highs. Friday's heavy volume was what you want to see when a stock breaks resistance. Investors with medium-term horizon can hold the stock with stop-loss at $.66 (red trendline) and long-term investors can hold with deeper stop at $.55 Immediate resistances 1.15 then 1.46

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Vanda Pharmaceuticals Inc. (NASDAQ: VNDA) is consolidating in a narrow band between $22 and $23.50. The outlook for the stock is positive. The initial target on a breakout is $25. Hold it with a stop at $19.95

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Oragenics Inc (NYSEAMERICAN: OGEN) had another very productive week as we saw gains of over 58% and I believe it has more room to run. The short-term outlook remains positive for the stock. The stock finds an immediate resistance at 1.30 and support at 92c followed by 80c.

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Auris Medical Holding AG (NASDAQ: EARS) had a strong day as the stock closed up 6 cents or 19% on heavy volume. Friday’s high of $.38 is now resistance for the continuation move that should occur very soon. Technical indicators are looking bullish.

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As I mentioned yesterday on Twitter, Arca Biopharma Inc (NASDAQ: ABIO) displayed that it could move when volume enters and over the past four consecutive trading sessions shares have witnessed higher lows which is commonly considered to be a bullish signal. With small bio caps going nuts, one by one, combined with technical indications of an uptick, consider ABIO as a trade idea with big potential. The key to making money in this market is getting in before the crowd.

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In order to stage a bullish trend reversal, Overstock (NASDAQ: OSTK) needs to break and close above the 28.80. Short-term daily technical indicators are improving and the MACD on the chart recently produced a new buy signal. If the stock can break Friday’s high of $28.8, we should see a strong follow through move. OSTK will move very quickly, so keep a very close eye on the stock.

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Blue Apron Holdings Inc (NYSE: APRN) was over $4 in July and looks primed for a reversal at some point. The stock has a 50-day EMA of $2.14 and a 200-day EMA of $3.07. Those two averages show the depth of APRN's drop and the potential the stock has if it decides to rebound. Technical indicators are showing positive divergences. Im betting on a reversal and a possible rise over $2 in the coming days.

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: ABIO, AMRN, APRN, BB, CRMD, EARS, NBEV, OGEN, OSTK, VNDA

18:33 | Permalink |

Top Trade ideas for next week

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Boxlight Corp (NASDAQ: BOXL) After breaking out above the downtrend line from the early May highs on volume well above the average the stock appears to have also successfully backtested this breakout zone on Friday. Technically, price should resume the uptrend next week. Considering the previous magnitude of the uptrend, a short-term target could be established at 9.68-10.25.

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Auris Medical Holding AG (NASDAQ: EARS) broke the downtrend channel on decent volume. Let's see if it will sustain. Still on my top watchlist for next week. A rally should reach at least the 1.58-1.65 area and could test the EMA50

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Kadmon Holdings Inc (NYSE: KDMN) is still in bottoming mode it looks like. The daily technical indicators are looking better now for the stock. The MACD is starting to rise, confirming a bullish divergence has taken form and the Stochastic also has a bullish crossover. The might attempt to breakout above the $3.78 level on Monday and if it succeed we should expect a strong move to the upside. It has the potential to make a big run next week, so keep a close eye on KDMN and don’t miss the trade.

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Investors continued buying up this stock, as it surged again on Friday this time to the tune of 12.49%. As i tweeted last week and based on the accumulation days this stock should hit the $30 level very soon.

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HUYA broke out and never stopped all day. There is a good chance the stock will continue to move up next week. Tight stops should be used.

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On Saturday, the company reported promising Data for Phase 1/2 Study of Varlilumab and Opdivo® at 2018 ASCO Annual Meeting. Based on the extreme oversold conditions and the good news, CLDX could see tomorrow an oversold/short-squeeze bounce. Levels to watch 84c and 1.05

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Himax Technologies, Inc. (NASDAQ: HIMX) had a nice breakout with a pop of 57c to 8.02 or 7.65% on 5.6 million shares. Technical daily chart shows a bullish sign as the stock is back on top of 100-day EMA with MACD rising and in positive territory. We should be able to see some decent upside movement for the bulls here.

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CohBar Inc (NASDAQ:CWBR) had good volume and a nice candlestick on Friday. Breakout watch over 7.6

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Natural Grocers by Vitamin Cottage Inc (NYSE: NGVC) is setting up nicely to break into new highs. Buy point would be on the day it blows through $11.36 on heavy volume.

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TESARO Inc (NASDAQ:TSRO) Rallied nicely Friday on volume. If it clears back over 52.2 (EMA50), may have some good upside.

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: BOXL, CLDX, CWBR, EARS, HIMX, HUYA, IQ, KDMN, NGVC, TSRO

17:27 | Permalink |

Monday May 21st Watchlist

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BlackBerry Ltd (NYSE: BB) has been consolidating after a steep upmove from 10.31 to 11.88 in the beginning of the month. The stock is currently hugging the upper trendline of the bullish flag formation, and if it breaks above 11.6, it could reach an initial target of 12.51 and then a secondary target at 13.18. There is a good chance the stock will continue to move up.

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Ageagle Aerial Systems Inc (NYSEAMERICAN: UAVS) continued its reversal trend Friday on volume. The stock price is inching closer and closer to a breakout move. Buying momentum is still positive and strengthening. $2.52 (EMA20) is the next level to watch for a breakout. Stop 1.98

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The money seems to be flowing into Fibrocell Science Inc (NASDAQ: FCSC) as indicated by the A/D indicator. With no resistance between $1 and $1.30, a break above the 97c level (Thursday's high) can see the stock trade in the $1.3 area pretty soon. Have this on your watchlist.

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Quotient Ltd (NASDAQ: QTNT) broke above the key resistance line of this sideways pattern on a move up $1.36 to $6.05. A move past 6.39 would be a strong indicator of a further uptrend in the stock. Stay tuned.

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Microbot Medical Inc (NASDAQ: MBOT) seems to be forming an inverted head-and-shoulders pattern on daily which could produce an upside objective of over 1.18

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Biopharmx Corp (NYSEAMERICAN: BPMX) broke the falling wedge chart pattern that was previously identified on the daily. This is a very bullish development. Short-term technical indicators are looking bullish and the MACD produced a new buy signal. If the stock can break Friday’s high of 0.209, we should see a strong follow through move. BPMX will move very quickly, so keep a very close eye on the stock. Note: This is a penny stock

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Auris Medical Holding AG (NASDAQ: EARS) Going long here. RSI is turning which means we are looking at a rebound. Also a recent 13-G Filing from Morgan Stanley shows increased position from 152K shares to 326K shares, representing 5.3% Stake. Let's keep an eye on her as i think momentum will pick up.

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Mallinckrodt PLC (NYSE: MNK) looks poised for a break to the upside. It has been holding a tight range. Long over 16.2 for a target of 19 with stop loss of 15.40

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Tandem Diabetes Care Inc (NASDAQ:TNDM) hit another 52-week high and looks to be giving another entry.

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: BB, BPMX, EARS, FCSC, MBOT, MNK, QTNT, TNDM, UAVS

10:16 | Permalink |

My Watchlist for Monday, November 14

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PTC Therapeutics, Inc. (NASDAQ:PTCT) shares spiked on the news Friday, closing the day with a gain of 88% at 11.30. If it can clear the 12.35 level tomorrow a rally to retest of $14 or more appears possible. Daily technical indicators are turning bullish. A continuation of the rally is likely.

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Auris Medical Holding AG (NASDAQ:EARS) After basing sideways the last few days with an upward bias, it finally broke out upwards Friday accompanied by a volume surge. Looks good for higher prices. The stock has a good base at 90c which can be used as a stop loss for long position. On the upper side, the move is likely to accelerate above $1.32. Im long.

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It looks like Micron Technology, Inc. (NASDAQ:MU) is starting to turn back up and the key indicators are giving the first bullish signs. I'm looking to see this stock re-test its October highs shortly.

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Ocean Power Technologies Inc (NASDAQ:OPTT) Short-term momentum has turned bullish and a break above resistance at 3 would open the door for a rally to 3.7.

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Limelight Networks, Inc. (NASDAQ:LLNW) Resistance Breakout. Go long on the break of Friday’s high at 2.39 or wait for a retracement.

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Evolution Petroleum Corp (NYSEMKT:EPM) Setting up a possible resistance breakout trade. Long over 8.48

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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: EARS, EPM, LLNW, MU, OPTT, PTCT

17:53 | Permalink |

AC Investor Blog

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

Saturday, June 08, 2019

Chart setups to keep an eye on next week

Sunday, October 14, 2018

Trading set-ups to watch next week

Saturday, September 29, 2018

My stock watchlist for the week of October 01, 2018

Sunday, June 03, 2018

Top Trade ideas for next week

Sunday, May 20, 2018

Monday May 21st Watchlist

Sunday, November 13, 2016

My Watchlist for Monday, November 14

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