AC Investor Blog

Stocks to Watch for October 10, 2013

( click to enlarge )

EnteroMedics Inc (NASDAQ:ETRM) has the perfect set up to make a big run. This is a stock that many traders already have on their radar. With a little push at current levels, we could see some amazing momentum, followed with potential stock price appreciation. Given the fact the stock price closed today at $1.29, I think it's safe to say that I like the upside potential relative to the price target of Canaccord ! On Tuesday, Canaccord Genuity reiterated its Buy rating and raised the price target to $3 from $1.50. As more and more investors discover this report, the more and more the excitement around the stock should rise. From a technical standpoint, indicators are suggesting bullish conditions. The Slow Sto and the RSI are above their 50% levels and rising. The MACD is above the signal line and positive. In addition, OBV is moving higher, suggesting steady buying pressure. Blue skies beyond $1.43.

( click to enlarge )

Elan Corporation, plc (NYSE:ELN) continued to show strength and is still worth watching. Holding up nicely here, consolidating gains after a nice rally. Looks good.

( click to enlarge )

Amazon.com, Inc. (NASDAQ:AMZN) broke its 50-day EMA today on solid volume, next support at $292.83.

( click to enlarge )

Exxon Mobil Corporation (NYSE:XOM) If the stock breaks this KEY support line on volume, I will be taking a short position. XOM is trading below its falling 20-day and 50-day EMAs. All major technical indicators are bearish. The MACD is below it signal line, deep inside negative territory and the RSI is also below its 50% level, but trying to rise. Expect a test of key support in coming sessions.

( click to enlarge )

Facebook Inc (NASDAQ:FB) Technical indicators are looking weak now. The MACD is below its signal line in positive territory and RSI is about to cross below 50% level. The stock needs to regain its 20-day EMA tomorrow or things could get very ugly.

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: AMZN, ELN, ETRM, FB, XOM

22:40 | Permalink |

Stocks to Watch for April 10, 2013

( click to enlarge )

First Solar, Inc. (NASDAQ:FSLR) tweeted under $28 this morning. If you jumped in and booked your profits, congratulations !!! The stock was up 50% on the session and closed a few cents below the $40 level on heavy volume after the company announced a better-than-expected outlook for 2013, well above Wall Street estimates. Today's news could help bolster investor sentiment in the coming weeks. From a technical analysis point, the daily momentum indicator has reached overbought levels and I believe that a near-term correction is likely to happen. To add on any dip imho

( click to enlarge )

Good day today on high volume. Gevo, Inc.(NASDAQ:GEVO) closed at $2.17 back once again above its 50-day SMA, which closed at $2.16. Lots of room to the upside if it can follow through on today’s move.

( click to enlarge )

Dendreon Corporation (NASDAQ:DNDN) Seems like 4.45-4.6 area is strong support. Possible bounce in the next days.

( click to enlarge )

Microsoft Corporation (NASDAQ:MSFT) broke a key resistance line with an up-move of 3.5%, to 29.61. Volume surged and this breakout looks like it is here to stay. There looks to be good upside in MSFT, so keep it on your radar the next few days.

( click to enlarge )

Elan Corporation, plc (ADR) (NYSE:ELN) has a good looking chart. The Slow Sto has moved up from the oversold zone and the RSI is also above the 50% level, which are bullish signs. It's a buy on a break of 12.05 with solid volume. Stop 11.44.

( click to enlarge )

Keryx Biopharmaceuticals (NASDAQ:KERX) was able to break through the $7.78 resistance level and sustained the move. The stock hit a high of $8.32, which is resistance for Wednesday’s move. If the stock can break through resistance, we should see a strong follow through move. Watch the stock closely tomorrow.

( click to enlarge )

ParkerVision, Inc. (NASDAQ:PRKR) is quietly gaining momentum. Keep on watch, looks like it wants to break through this resistance to new highs.

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: DNDN, ELN, FSLR, GEVO, KERX, MSFT, PRKR

22:34 | Permalink |

Wednesday March 27th watchlist

( click to enlarge )

Marriott International Inc (NYSE:MAR) is again setting up for a potential swing trade. Breakout watch over 41.59. From a technical perspective the MACD Histogram and stochastic oscillator have turned up and RSI is again moving upward.

( click to enlarge )

Pfizer Inc. (NYSE:PFE) Broke through resistance at 28.5 today. Looks good for higher prices. Stop 28.02

( click to enlarge )

Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) Big momo stock. Consolidating here, play the line it breaks on heavy volume.

( click to enlarge )

Weyerhaeuser Company (NYSE:WY) Keep this Cup with Handle on your watch list for the breakout.

( click to enlarge )

Elan Corporation, plc (ADR) (NYSE:ELN) Stock price broke back above the 20-day MA on solid volume. Poised to take out the resistance at $12. Stop 11.32

( click to enlarge )

Vipshop Holdings Ltd - ADR (NYSE:VIPS) may be setting up to make new highs. Next buy area is when the stock clears 30.23 on heavy volume. Stop 26.7

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: ELN, MAR, MDRX, PFE, VIPS, WY

22:17 | Permalink |

Few trade ideas for the last day of January

( click to enlarge )

KeyCorp (NYSE:KEY) is on the verge of a breakout. The stock has been holding at support $9.07 but facing resistance at $9.50. I wouldn't be surprised if this stock finally gives investors what they have been waiting for. KEY will move very quickly, so keep a very close eye on the stock.

( click to enlarge )

What a rally for Zalicus Inc (NASDAQ:ZLCS) late in the day. We have to believe that this rally will resume in earnest tomorrow. I feel a rally to $.83 and better is in the cards short term. The Accumul/Distrib line is moving up, it means the stock is being accumulated.

( click to enlarge )

Hemispherx BioPharma, Inc (NYSEAMEX:HEB) looks right on the verge of a breakout. The MACD is moving up showing positive momentum while KD line also show buy signal as %K line is on top of %D line. Keep an eye for a possible breakout over $.31

( click to enlarge )

Elan Corporation, plc (ADR) (NYSE:ELN) Nice breakout with decent volume. Momentum picking up with MACD climbing and RSI rising. Look for a quick run to $10.66 then on to $11. Stop loss 9.74

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: ELN, HEB, KEY, ZLCS

22:22 | Permalink |

Stocks Watchlist For Tuesday, October 16

( click to enlarge )

InterDigital, Inc.(NASDAQ:IDCC) Bought more today. It's very possible that the pull back is done and the uptrend should now continue. I like to see the CMF positive and rising. CMF "Chaikin Money Flow" is a technical indicator used to determine if a security is under accumulation or distribution. In this particular case, the CMF shows that the stock is being accumulated. Hopefully, it's enough to allow the continuation of price surge.

( click to enlarge )

Hercules Offshore, Inc. (NASDAQ:HERO) remains in an uptrend as long as the trendline holds. As shown in the chart, if 5.05 is convincingly broken on a close basis a drop to 4.5 is very likely in my opinion.

( click to enlarge )

Cal Dive International, Inc. (NYSE:DVR) The company seems cheap at this price, with a book value of 3.15 and with a median price target from several analysts of 3$. From a technical standpoint, the stock is rebounding from an oversold area according to the momentum indicators on the daily charts. In the immediate term the stock could find resistance at the 20-day moving average at $1.53.

( click to enlarge )

OmniVision Technologies, Inc. (NASDAQ:OVTI) can give a short term bounce back. MACD ready to cross over the signal line, RSI is turning up and Stochastic bouncing from oversold territory.

( click to enlarge )

JetBlue Airways Corporation (NASDAQ:JBLU) - On watchlist no trigger yet. Long above $5.25. The stock has very strong support at 5.02, which is its 50 day sma.

( click to enlarge )

Elan Corporation, plc (ADR) (NYSE:ELN) Bottom play. If the stock can break through the 50-day sma at $11.24, we should see a strong follow through move. From a technical standpoint the MACD shows a bullish divergence, so there may be some light ahead. Stay tuned.

Thank you so much for those who helps me to reach 2500 followers on twitter !!!!

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: DVR, ELN, HERO, IDCC, JBLU, OVTI

23:03 | Permalink |

Stock Picks for Wednesday August 15

( click to enlarge )

PulteGroup (NYSE:PHM) is testing the resistance level. The uptrend is intact and a breakout higher is expected. Look for a break above the 12.92 level to enter longs.

( click to enlarge )

American International Group, Inc. (NYSE:AIG) should pause around its resistance at $35 after recent rally in share price. The recent action in the stock is very promising. A possible breakout over $35 is very likely in the sessions ahead. However, the stock needs a rest here and I'd like to see a healthy pullback to work off overbought conditions.

( click to enlarge )

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA has made its way back to the last breakout level and bounces. ARNA has now broken its 13-day MA and a move higher has started. Look for this stock to test its 50-day MA in the short term where a breakout higher is expected. A stop-loss should be placed at $6.95 to protect against a reversal.

( click to enlarge )

National-Oilwell Varco, Inc. (NYSE:NOV) is near resistance level. Look for the break above the 77.5 level to enter longs for a move higher to 80

( click to enlarge )

Elan Corporation, plc (NYSE:ELN) is in a support level (13-day MA). Look for a bounce off these levels entering longs above the 12.12 level. Price target on bounce is back to 13. Additionally and from a technical standpoint, the chart also shows a bullish MACD crossover which indicate we have some more room to the 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: AIG, ARNA, ELN, NOV, PHM

21:46 | Permalink |

Top stocks pick for next week

( click to enlarge )

Jamba, Inc.(NASDAQ:JMBA) had a remarkable move up with very high volume this week breaking out of the sideways channel. This is currently a buy and the target price of this pattern is 2.6. At this point the stock is a candidate for a flag / pennant formation here. Watch out for the pennant / flag for the coming week. From a technical standpoint, the chart shows very bullish sign as 50-day moving average has just crossed on top over 200-day moving average with MACD above "0".

( click to enlarge )

Ciena Corporation (NASDAQ:CIEN) The $17 area has been proved to be a strong resistance. If the pullback continues in the next week for another day or two, look for the stock to find support around the $14.9-$15 range.

( click to enlarge )

Elan Corporation, plc (NYSE:ELN) has been pulling back steadily into support and finally got some buying today and may be ready to retrace some of the pullback. From a technical standpoint the stock still looks very strong with both 50-day and 200-day moving average going up while MACD is above 0. A test of the March top is on the cards.

( click to enlarge )

Career Education Corp.(NASDAQ:CECO) held its 50-day moving average on today's sell-off and closed the day gaining more than 5%. Investors and traders are buying back in after a healthy pull-back and I think the next move higher will take this stock much closer to my short term target of $8.5. Honestly, this stock will surprise many people in the weeks and months ahead IMO.

( click to enlarge )

Camelot Information Systems Inc (NYSE:CIS) is still in my watch list as it has not yet broken out of the symmetrical triangle. The technical divergences in some indicators are still intact and the stock has formed a strong support at 2.28/2.35.

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, CIEN, CIS, ELN, JMBA

22:41 | Permalink |

These are the stocks that I will be watching on Friday

( click to enlarge )

There is a possibility of a break out in Elan Corporation, plc (NYSE:ELN) shares for the following reasons

- The stock has been trading within a steady short term uptrend
- The volumes on this stock are up as seen in the accumulation distribution chart
- The MACD is rising and still in the positive zone
- The RSI is still not showing the stock as expensive
- The stock is comfortably above the 200 and 50 day moving average.
- The volume chart from OBV has been on an upside.

At this point and given the current stock levels, it is important for it to break 14.80 level soon. On the other hand, a close below the 50-day MA at 13.61 would turn the near-term bias bearish for a test of previous support at 13.

( click to enlarge )

Amazon.com, Inc. (NASDAQ:AMZN) fell 1.91 percent, or $4.31, today to close at 221.31. The overall outlook for the stock continues to remain bullish IMO. Only a close below the 50-day MA will color the bars RED again and a possible change of the trend as well, otherwise we are heading for the strong resistance zone 230-234.

( click to enlarge )

Career Education Corp. (NASDAQ:CECO) looks poised to break its 50-day MA tomorrow and this is a major sign that we could see the stock make a run over the next week much higher. From the technical daily chart above the MACD and KD both signal positive strength. Stay tuned !!

( click to enlarge )

InterDigital, Inc.(NASDAQ:IDCC) also look great, it just broke a bull flag to the upside. $30.28 is an important resistance, that once broken, will set off a huge run up in stock, the 1st target would be $35 which is the high of April.

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: AMZN, CECO, ELN, IDCC

22:37 | Permalink |

Stock Trade Ideas for Tuesday June 19

( click to enlarge )

Interdigital Communications saw its shares surged 27% to $29.08 per share today after the company announced it sold 1.700 patents to Intel coveting a variety of wireless technologies, including some pertaining to the 4G networking standard for $375 million. InterDigital sees Intel deal generating $250M in cash, says deal represents about 8% of Portfolio and does not see sale affecting ongoing licensing plans. In addition, the company said it would boost its share-repurchase program to $200 million from $100 million. The technical chart is showing weakness as both 50 dma and 200 dma are still going downward, however with KD line crossing upward and stock now breaking over 50 dma there is a chance that a rally may come very soon. Here are the next levels to watch. Resistance: 30.28. A break above this suggests a move to 32.50 Support: 27.48

( click to enlarge )

Zalicus Inc (NASDAQ:ZLCS) breakout on huge volume! The stock continues to show strength as the rise in volume confirms the price uptick. Going forward the next levels to watch above are seen at 1.54, 1.7 and 1.80.

( click to enlarge )

Elan Corporation, plc (NYSE:ELN) has just started moving higher and established a short term up-trend above its 50-day MA. Momentum indicators are slightly bullish with RSI inching away above 50% level. The strongest sign of a bullish momentum is the MACD indicator which is currently above the 0 line. In addition, KD line still show the stock is on the positive swing. The stock hit a high of $13.89, which is resistance for Tuesday’s move. If the stock can break through resistance, we should see a strong follow through move. If you are long, initial stoploss should be placed at 13.53.

( click to enlarge )

Tellabs, Inc. (NASDAQ:TLAB) - Strong bounce today on 2x the daily avg. volume. The stock opened today`s session at $3.29 and intra-day was ranging at 3.29-3.50 ending the session with nice gain of 6.38% on expanding volume. This could be the start of a nice rebound. Stay tuned and I'll be sure to keep you updated.

( click to enlarge )

When, I first alerted everyone on twitter about Rosetta Genomics Ltd.(NASDAQ:ROSG) I fully expected a good run and an increase in stock price but what we got was much more than I could have even hoped for. The stock closed the day gaining more than 50%. Shares have been on a down trend since it reached 52 weeks high of $23.43 last month. The technical chart shows some bullish signals as KD is now going up and the stock is still above its major moving averages. We could see a continuation into tomorrow. But, I urge you not to buy a significant portion of your trading capital, because this is a volatile stock, so be careful with the position size.

( click to enlarge )

Apple Inc. (NASDAQ:AAPL) Finally closed above the 50-day MA. Next resistance lies at 588.

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: AAPL, ELN, IDCC, ROSG, TLAB, ZLCS

22:31 | Permalink |

Put these stocks on your watch list for Next Week

( click to enlarge )

Elan Corporation, plc (ADR) (NYSE:ELN) looks really strong here, broke and closed above 50 day MA. Strong volume today ! On the daily chart, we can see a few technical signals suggesting this swing higher in the short-term should continue a few more days. First, the MACD is displaying a new bullish crossover and a positive move. At the same time, we see that the daily stochastics are showing positive momentum from oversold levels, which should reinforce a move higher if near-term resistance at $14.58 is taken out. Finally, The RSI is starting to bounce back from oversold territory. Target is $15-15.25 with a tight stop under the 50 day MA.

( click to enlarge )

Bio stocks such as Complete Genomics, Inc. (NASDAQ:GNOM) were on fire today. I featured this stock on Thursday and today it gained close to 29% !! Volume was tremendous today and I see more upside here. Easy to manage with a stop at the 50 day MA.

( click to enlarge )

XenoPort, Inc. (NASDAQ:XNPT) looks great here flagging nicely on low volume, tried to break out today but failed. Volume patterns good, keep an eye on it the next few days.

( click to enlarge )

The entire Education sector was on fire today led by Career Education Corp. (NASDAQ:CECO). The stock closed above the psychological level of 7 and near the 50 day moving average. A close above this level would warrant liquidation of short positions. I believe that price may continue its rally next week.

( click to enlarge )

Zalicus Inc (NASDAQ:ZLCS) looks good here with plenty of room to run to the next resistance at $1.01

( click to enlarge )

eBay Inc (NASDAQ:EBAY) bounced nicely off the 50 day MA this week. The stock should test the recent highs and possible new highs in the weeks ahead.

( click to enlarge )

Zynga Inc (NASDAQ:ZNGA) - No signs of reversal yet. If you are long , stop should be the recent swing low. Short term investors are advised to avoid fresh long positions at this point. Only a close above $7.25 will start negating the bearish forces.

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, EBAY, ELN, GNOM, XNPT, ZLCS, ZNGA

22:30 | Permalink |

AC Investor Blog

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

Wednesday, October 09, 2013

Stocks to Watch for October 10, 2013

Tuesday, April 09, 2013

Stocks to Watch for April 10, 2013

Tuesday, March 26, 2013

Wednesday March 27th watchlist

Wednesday, January 30, 2013

Few trade ideas for the last day of January

Monday, October 15, 2012

Stocks Watchlist For Tuesday, October 16

Tuesday, August 14, 2012

Stock Picks for Wednesday August 15

Friday, July 06, 2012

Top stocks pick for next week

Thursday, June 28, 2012

These are the stocks that I will be watching on Friday

Monday, June 18, 2012

Stock Trade Ideas for Tuesday June 19

Friday, May 25, 2012

Put these stocks on your watch list for Next Week

About Me

FREE NEWSLETTER

Support AC

Follow me

Advertising

PREVIOUS POSTS

TRANSLATOR

Site Information

Stock Market Blogroll

Friends BLOGROLL

ARCHIVES