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Saturday, May 07, 2016 

Stocks to Watch for May 09, 2016

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IAMGOLD Corp (NYSE:IAG) continued its bullish fervour last week making another new high of 3.71 on Friday. Daily technical indicators are Bullish with the RSI and MACD rising. With the spike in volume and momentum surging in Friday's trading sesison, there is a high possibility that the stock price can appreciate even more in value during the coming sessions. Next resistance is now seen at 4.10. Keep it on your watch list going forward.

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You need to watch AngloGold Ashanti Limited (NYSE:AU) stock closely because it could break resistance soon. Buy point would be on the day it blows through $16.63 on heavy volume.

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The shares of Gold Standard Ventures Corp (NYSEMKT:GSV) recorded a new 52 week high of 1.65 in Friday's session. Buy the stock in dips using the rising 20-day EMA as stop loss. The daily technical chart looks very Bullish with all EMAs going up and MACD on top of "0". Long setup.

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Eldorado Gold Corp (NYSE:EGO) is gaining some momentum again. A move past $4.29 would be a strong indicator of a further uptrend, however a tight stop loss should be used.

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Gevo, Inc.(NASDAQ:GEVO) broke out of an important consolidation area with a long white candlestick. This new rally should at least push the stock to $.57

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Shares of Hecla Mining Company (NYSE:HL) have room for a significant uptick beyond these levels. Volume starts to pick up again. A move above $4.36 could trigger a sharp move higher. Long set-up on watch.

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Sarepta Therapeutics Inc (NASDAQ:SRPT) Stock price has been having wild swings since it broke the $15 level. The outlook remains positive supported by the short-term EMAs and momentum indicators.

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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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Monday, August 26, 2013 

Stocks to Watch for August 27, 2013

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M&T Bank Corporation (NYSE:MTB)is in a flag formation off its up move since June. The 119.5 area has contained the move on 3 occasions in the last 2 months. An ideal buy point would be just above the resistance of 119.54, which would confirm the breakout and continuation of the uptrend towards a target of 123-123.5.

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3D Systems Corporation (NYSE:DDD) today broke above the resistance line of a symmetrical triangle pattern on a move up $3.46 cents to 51.90. The stock traded heavy volume as it hit a high of $54.08. This high is resistance for Tuesday’s continuation move.

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Eldorado Gold Corp (NYSE:EGO) is threatening to break through the 9.5 resistance level which would be a very bullish sign. The stock has been strong over the past weeks, so watch it closely the next few trading sessions.

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International Game Technology (NYSE:IGT) broke out of a small trading range and could continue on Tuesday. The stock hit a high of $19,64, which is resistance for Tuesday’s follow through move. If the stock breaks resistance, expect to see heavy volume move the stock higher. Keep a close eye on IGT as it can be a fast moving stock.

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Oncothyreon Inc (NASDAQ:ONTY) appears to have run out of sellers at current levels. There are some signs that the stock is gaining some momentum in recent days. The technical chart shows some positive divergences on MACD and CMF. A close above $1.77 would confirm the positive outlook and could push the stock to the target zone of $2. Keep an eye on ONTY and be prepared for this upcoming move.

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BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) finally broke the major resistance, hitting a new 52-week high. Today’s high of $7,41 is resistance for the continuation move. At this stage, the stock is a bit extended short-term for additional positions and is in the overbought zone. I really like the chart but at this level I would wait for a pull back to around 6.47-6.53 before putting any cash to work. Keep the stock on your radar.


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Novavax, Inc. (NASDAQ:NVAX) broke out on huge volume. The stock closed up $.16 today and looks poised to make another move on Tuesday. If NVAX breaks through today’s high of $3.12, I am a buyer of the stock. The technical chart above shows the stock is on a strong bull market as the stock is trading above 50-day and 200-day moving with both moving averages pointing upwards. I will watch the stock closely on Tuesday and buy once it breaks through resistance.

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

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Tuesday, August 20, 2013 

Stocks to Watch for August 21, 2013

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Goodrich Petroleum Corporation (NYSE:GDP) made a strong upside reversal today. The technical chart above suggests that stock might find now resistance at $23.25. Only a close above this level would suggest further upside. The bias still bullish in nearest term. Fresh buying may be considered on a move past $23.25, with a stop-loss at $21.34 (9EMA).

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Procera Networks Inc (NASDAQ:PKT) was recomended today by financial analysts at Northland Securities. They recommend buying the stock based on expectations for a rise in gross margins and new partnerships that support revenue growth targets. Shares are Outperform rated with a $21 price target. Technically speaking the stock made a nice bullish hammer candlestick, so in my humble opinion it could be a good entry point to start a long position. In addition, the stock remains in very oversold conditions.

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Assured Guaranty Ltd. (NYSE:AGO) showed more signs of strength on today's session, as the stock closed up $.29 on the day. The stock has strong resistance around $9.50, and breaking above could take the stock to $10 in a very short time frame.

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AngloGold Ashanti Limited (NYSE:AU) On my watch list for tomorrow. Nice clean bounce off the 13-day EMA today. It will interesting to see if it can break 15.12

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If the weakness continues and Zynga Inc (NASDAQ:ZNGA) breaks the support at $2.7, there will be a good chance that the stock will test the next key support at $2.5. Technically, there is nothing positive about the technical chart. All other indicators still point to a bear market.

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Barrick Gold Corporation (NYSE:ABX) remains in a short up trend. Further rise to test 22 resistance is still possible, and a break of 20.25 will confirm such case. Initial support is at 18.69. Most of the technical indicators are pointing towards some more upside in the coming sessions.

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

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Wednesday, August 22, 2012 

Thursday's Stocks To Watch, Aug 23 2012

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Shares of Zynga Inc (NASDAQ:ZNGA) were up 29 cents or 9.76% to $3.26 per share on 2x average volume, after JMP Securities initiated coverage with a market outperform rating and PT $4.50. The stock has been on a down trend since it reached 52 weeks high of $15.91 in early March. Looking at the technical chart after today's action, the stock looks like it will try for a gap fill as it broke the gap down. The RSI and CMF indicators are also signalling Buy. The stock can be a good buy, with 2.91 as closing basis stop-loss.

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PulteGroup, Inc. (NYSE:PHM) still shows strong signs of continuation after 3-days of pullback. Looks like we are headed in the right direction. I'll be watching the stock tomorrow looking for a follow through move. As long as the stock stay above its 13-SMA, the bullish scenario still intact. 

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Eldorado Gold Corp (NYSE:EGO) continues to breakout and now up nearly 30% this month. It might pause here but looking to add on any dip.

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Lululemon Athletica inc. (NASDAQ:LULU) continues to perform strongly and appears poised to test the 200-day moving average line at $65.89.

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

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Friday, September 02, 2011 

Stock Watch List For Friday, Set 02

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Jazz Pharmaceuticals, Inc. (NASDAQ:JAZZ) - has recovered nicely this week and can potentially set-up very well for a swing-trade if the stock breaks through the resistance level at $44.05. Technical indicators are becoming more favorable with MACD and Stochastics starting to turn up. Uptrend firmly and healthy.

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Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) has appeared recently on my blog for a potential move higher. Looking at technical chart above, you can see for yourself that the recent gains have come on relatively strong volume.  Looks good over $110.96 for a trade. 20 SMA is providing support now.

 
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Eldorado Gold Corporation (NYSE:EGO) recorded a new high in Thurday's session. Short-term outlook for the stock is bullish. Buy the stock in dips with a stop-loss at $19.23. The technical daily chart looks Bullish with both 20, 50 and 200 daily moving averages going up and MACD on top of 0, RSI in a Bullish area too.

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Biogen Idec Inc. (NASDAQ:BIIB) - The technical chart shows a bear-flag formation under the 50 day moving average with key support at $89. A break below this level should kick in the sell programs.

Keep up to date by subscribing AC Investor Blog newsletter or RSS feed. You may wish to also follow me on Twitter.  

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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About Me

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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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