AC Investor Blog

Stocks to Watch for October 12, 2015

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Celldex Therapeutics, Inc. (NASDAQ:CLDX) had been consolidating its recent run-up over the last 6 sessions, with the 12 level being lateral resistance. The stock broke above that level on Friday and looks poised to continue the uptrend. The MACD has crossed over and is diverging to the upside. The RSI is also pointing up supporting the move. With indicators pointing up, I expect it to test the 50-day EMA at some point over the next few sessions.

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Esperion Therapeutics Inc (NASDAQ:ESPR) has been basing after a steep decline from a high of over 50 to a low under 19. The stock, which rose 3.40% Friday to 24.96 is at a resistance level and may see an upside reversal off the base. From a technical standpoint, the MACD is also about to trigger buy signal which will be bullish and the RSI has bounced off of 30, a sign of an emerging uptrend. My target on a break above this level is the 30 area. Stop is 22.96.

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BlackBerry Ltd (NASDAQ:BBRY) has outperformed the market in the past week with a rise of over 16.9%. The share prices have since hit the 52-week low of 5.96 in late September recovered strongly driven by the smart money. Based on the weekly chart above, the MACD is once again curling up and should soon flash the buy signal. If stock history repeats and this pattern plays out in the bulls favor, we might see a rally towards 10 over the course of next several weeks. Please note: BlackBerry and Google will host a Webinar, Thursday October 15 at 11am ET to discuss the Android management in the enterprise with BES12 and Android for Work. It's the perfect catalyst for next week.

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Apple Inc. (NASDAQ:AAPL) closed up $2.62, or more than 2%, on Friday to 112.12. The move broke the stock out of a trading range and above its 20-day exp moving average of $111.84 on decent volume. A move above 112.28 (Friday's high) would confirm the breakout and point next to a target zone of 114.11 to 116.89. Daily technical indicators on chart are turning bullish. The MACD has moved up to touch its signal line in negative territory and RSI is about to cross up the 50% level. These signs indicate that the stock price may go up in coming days/weeks.

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Plug Power Inc (NASDAQ:PLUG) On Friday decisively broke out and closed above a key resistance zone with good volume, which is considered to be a bullish sign. Plus, all three major short-term EMAs are rising and the stock is trading above them, which means the bulls are back in control after a sharp correction. A continuation of the rally is likely, targeting 2.85.

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Ballard Power Systems Inc. (NASDAQ:BLDP) Go long when it clears 1.62 on volume. The daily technical chart still shows bullish sign as the stock is trading above 9,13,20,50 and 100 EMAs. The other technical indicators such as MACD and RSI also show buy signal as MACD is above 0 and RSI line is above the 50% level. Long setup.

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ITT Educational Services, Inc. (NYSE:ESI) is still holding up well here and the stock has a chance to move higher. Keep this one on your watch list, it could be setting up to break out of this triangle formation. Short squeeze candidate for next week. I believe there are lot of profits left on the table for traders to capitalize on.

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Verastem Inc (NASDAQ:VSTM) All bad news are priced in IMO. Furthermore, the company has a lot of cash at its disposal 132.09M ($3.58 per share) and zero debt. With the stock trading at extreme oversold conditions and momentum oscillators exhibiting positive divergences we can see a strong bounce back towards the 9day exp moving average where the stock might find some kind of resistance.

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, BBRY, BLDP, CLDX, ESI, ESPR, PLUG, VSTM

11:38 | Permalink |

Stocks to Watch for October 09, 2015

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Keep an eye on ITT Educational Services, Inc. (NYSE:ESI) to see if tomorrow the stock will confirm intraday breakout. Symmetrical triangle over 3.8 has a measured move to 5.50 then 5.83. The higher short interest ( 57.59% or 10.8M shares ) could also provide a near-term catalyst, if the stock begins to rise. The short interest coverage ratio is 46 days according to the average volume of 309K, which means any short squeeze could be brutal. Im long.

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Microsoft Corporation (NASDAQ:MSFT) looks poised for a break to the upside. Technical indicators are looking bullish. The RSI is moving up and above its 50% level. The daily MACD continues to trade in the positive zone and the CMF is also positive, which means there is more money flowing into the stock.

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Apollo Education Group Inc (NASDAQ:APOL) broke out from a sidewards movement today with decent volume, creating a significant amount of bullish potential. On the technical side, MACD and ADX all point to upward trend while RSI is also rising but has not yet reached overbought level. Plus, the stock broke through its 50-day EMA for the first time since March and should continue to move. APOL has a lot of upside potential, so watch it closely on Friday.

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BlackBerry Ltd (NASDAQ:BBRY) closed back above the 50-day EMA for the first time since May. Today's move confirms that the bounce is still in play and far from over.

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Celldex Therapeutics, Inc. (NASDAQ:CLDX) A substantial bounce lies ahead IMHO based on the positive divergences on daily. The stock is displaying a short upside momentum and is poised to move higher from these levels. Short-term traders could go long once the share price moves above $12.18

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Gevo, Inc. (NASDAQ:GEVO) is a stock that I wrote about recently, as one to watch for a potential reversal. Today it saw decent buying and very little selling closing the day with a gain of 3.88% for the session. From the daily technical chart the MACD and RSI both signal positive strength. This stock remains undervalued IMHO and should be one to watch going forward.

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Plug Power Inc (NASDAQ:PLUG) is poised to break out of a small consolidation pattern. If breakout occurs we could see momentum toward 2.60. Technical chart shows bullish sign with RSI rising and MACD on top of signal line. On radar.

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: APOL, BBRY, CLDX, ESI, GEVO, MSFT, PLUG

22:27 | Permalink |

Stocks to keep an eye on July 23, 2015

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Superconductor Technologies, Inc. (NASDAQ:SCON) has been under accumulation for a couple days now. Look at the 3 big volume days. That's serious accumulation.The daily technical chart shows a very bullish sign as the stock is back on top of 50 day exp moving average. For now, expect a run up to next resistance area around $1.65. If the stock is able to cross it and sustain above it, then it might go to $1.73 ( 200EMA ). Support lies around $1.11.

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Second Sight Medical Products Inc (NASDAQ:EYES) closed above the key resistance level of $14.11 (20EMA), signifying that a new short-term uptrend is in place. Further rise is expected to follow to retest $15.28 high. Near term support is now located at $13.47, as long as this level holds, I'd expect the uptrend to continue. In a report issued today, H.C. Wainwright analyst Amit Dayal reiterated a Buy rating on stock and a $21.00 price target.

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Shares of ITT Educational Services, Inc. (NYSE:ESI) are starting to heat up and are worth watching. If volume can pick up I think this stock can break through resistance at $5.15 and re-test its recent highs around $6.62.

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If Juno Therapeutics Inc (NASDAQ:JUNO) can break out above $55 with heavy volume, I think the stock could shoot up to test the $60 area. There looks to be good upside potential, so watch the stock very closely on Thursday.

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Keep an eye on Plug Power Inc (NASDAQ:PLUG) and monitor its volume, MACD and RSI for any potential breakouts. If the stock can manage a close above its psychological resistance level at $2.52 (50EMA) on high volume, it would be a great buying opportunity. Over the past month, Plug Power Inc (NASDAQ:PLUG) saw its short interest decrease by 2%.

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: ESI, EYES, JUNO, PLUG, SCON

22:12 | Permalink |

Stocks to keep an eye on July 16, 2015

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OHR Pharmaceutical Inc (NASDAQ:OHRP) strong enough to say and the "Bulls" are back. The stock finished the day up 26.61% on huge volume of over 18 million of shares exchanging hands on the day. Great volume and a 26.6% gain on the day makes the stock a clear and easy winner. Looking at the daily technical chart above I’m extremely confident that the gains will continue and the 200-day EMA is the next target. The stock appears to be under strong accumulation. The MACD momentum has turned positive and A/D is on a strong uptrend which when combined with the strengthening MACD could spell a strong move for the stock. Stay tuned.

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ITT Educational Services, Inc. (NYSE:ESI) traded nicely today and I am looking for continuation of the upward direction tomorrow. This stock is a short squeeze candidate, with a short float at 65% equivalent to 9 days of average volume. From a technical standpoint, the daily technical chart shows that the stock is in a rally as %K line is rising on top of %D line as the price is back above the short-term EMAs. The MACD is turning up. The RSI is also rising along with the rise in volumes, which indicates buying interest in the stock. In addition, the stock seems to have broken out on the upside from a falling wedge pattern and probably might target its 100-day EMA in short-term around $5.25 or so. Can get interesting. Keep close eye on this one for a major rally to the upside.

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SanDisk Corporation (NASDAQ:SNDK) The technical indicator MACD is starting to look like it may cross very soon, which indicates momentum is shifting towards the upside. Keep this on your watchlist. Im long.

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I have been watching Career Education Corp. (NASDAQ:CECO) over the past few days, waiting for a possible upside move. The stock seems to have found a strong support at present levels. The technical indicators are improving significantly. The slow stochastic has moved above the 29% level and MACD signal line crossed over to the upside. CECO could have good upside potential, so watch the stock closely.

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Prima Biomed Ltd. (NASDAQ:PBMD) looks about ready to pop here! The price needs to break today's high of $1.64 to expect a strong rally at this point.

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BlackBerry Ltd (NASDAQ:BBRY) As you know, I like this stock for a long-term hold. It's part of my portfolio and I intend to stay with it. Calling the bottom is always difficult, but based on the daily technical chart above we might have seen the bottom. It's noteworthy that the MACD has finally crossed over and %K line has just crossed on top over %D line showing buy signal. Resistance stays at $8, which is a big area that the stock needs to break. Watch BBRY again on Thursday, and once it breaks resistance we should see a strong upside move. You should keep this stock on your screen radar.

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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: BBRY, CECO, ESI, OHRP, PBMD, SNDK

22:45 | Permalink |

Stocks to keep an eye on July 13, 2015

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Career Education Corp. (NASDAQ:CECO) got a nice boost during the session on Friday, as the stock gained more than 2% for the day on decent volume. I saw unusual options activity in the August $4 calls. The surge in call options activity could signal bullish sentiment. Plus, some technical indicators are also turning up. MFI is trending upwards (Positive money flow) and MACD Histogram is sloping up (pos divergence), indicating that the bears are losing momentum. A breakout and hold above the 3.35 resistance level next week will take the stock towards the next target of $4.

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Rambus Inc. (NASDAQ:RMBS) has been in a steep correction over the past few weeks that has shaved off 15% of its value. Daily technical chart shows oversold readings on short-time frames, probably indicating a short-term rebound. At this point, my focus remains on the bullish reversal scenario showed by the last white candle. If it breaks this steep descending trendline on strong volume, then I'm in.

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Facebook Inc (NASDAQ:FB) broke out to the upside of the flag formation, closing above $87 level. Because of this, I feel that this stock is ready to go towards its next target of $90 level. On the downside, 85/86 would act as strong support if correction is seen.

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XOMA Corp (NASDAQ:XOMA) broke out of a bullish horizontal resistance line Thursday on a large increase in volume. This bullish breakout suggests more medium-term upside. Although the MACD indicator suggests that the medium-term uptrend momentum is still intact, which favors a stable and sustainable move, there could still be a near-term pullback next week as the RSI is near overbought levels once again. As such, there could be a retest of the breakout zone which would serve as a confirmation. But for now, this stock looks like a nice potential play for an aggressive trader.

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Virgin America Inc (NASDAQ:VA) closed the week back over their 50-day EMA on solid volume. For further continuation of the uptrend price should break and close above Friday’s high heading toward next possible resistance level at 29.70

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ITT Educational Services, Inc. (NYSE:ESI) has been trading in a high volatility period, making Higher highs and Higher lows. Judging from the slow stochastic oscillator, we could see renewed run-up next week.

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, ESI, FB, RMBS, VA, XOMA

18:17 | Permalink |

Stocks to keep an eye on June 17, 2015

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The daily technical chart of Second Sight Medical Products Inc (NASDAQ:EYES) suggests that the stock could be on the verge of breaking out from a three-month Cup with Handle formation. This is a bullish pattern and once price breaks out of the neckline, it would give a target of around $20. Technically speaking, the stock is showing some strength along with the momentum. Adding to my conviction is that the stock continues to trade above all the exp moving averages and specially the ever critical 200-EMA which is now located at 12.92. Long setup on watch.

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Boingo Wireless Inc (NASDAQ:WIFI) had a nice surge a few weeks ago and has been in the process of consolidating. Breakout over $9.20 for a daytrade.

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Ocwen Financial Corp (NYSE:OCN) I am still convinced that a big breakout is coming sooner or later and the move will be powerful if it breaks out upwards, due to the high short interest.

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Voltari Corp (NASDAQ:VLTC) Ready for a big move. MACD indicator began showing signs of reversal, and a break above resistance at 7.50 would open the door for a rally to test the recent highs.

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ITT Educational Services, Inc. (NYSE:ESI) Good for swing trade. After Friday’s pocket pivot move up through the 50-day EMA, the stock continues to hold this key support line, that opens the door to an eventual retest of the 6.3-6.60 area.

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Lumber Liquidators Holdings Inc (NYSE:LL) appears to be poised for a nice bounce off this bottom. The rising MACD may be an early sign of trend reversal. The company has been making headlines lately with some major announcements. On watch.

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: ESI, EYES, LL, OCN, VLTC, WIFI

22:25 | Permalink |

Stocks to keep an eye on June 01, 2015

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The daily technical chart pattern of ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) has been consolidating within a falling wedge pattern that has bullish implications. A breakout is needed to end this large consolidation and resume the uptrend. At this point Im inclined to mark a key resistance zone around 10-10.2. A move above this area, would break the upper trendline and the resistance zone. If a breakout occurs, we could see an acceleration of the bullish momentum and move toward the 11.50-12.13 area. Daily technical indicators are looking bullish, MACD and RSI are showing upward momentum. On watch.

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ITT Educational Services, Inc.(NYSE:ESI) surged 81% on Friday on one of the heaviest volume sessions this year, with 11.7 million shares traded. That is nearly 11x the average. Let's keep things simple as always! Could history repeat itself ? After looking at this daily technical chart and reviewing the price action, I came to the conclusion that we could see a surge like the one on the chart from mid-October of 2014. The small float and the high short interest could fuel another massive spike higher once the 50-day EMA is taken out to the upside. RSI has lot of room and MACD is crossing up.

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Celladon Corp (NASDAQ:CLDN) The rally in the price has broken the downtrend line on Friday, which is a buy signal. The stock could see now a significant bounce from this level. On the technical side, MACD and Slow Sto all point to upward trend while RSI is trying to break above its 30% level, passing into neutral territory. Plus, the stock broke through its 9-day EMA for the first time since April and should continue to move. CLDN has a lot of upside potential, so watch it closely on Monday.

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Sprint Corp (NYSE:S) is showing signs of a potential upside recovery. Daily MACD has stabilized and is about to cross over its signal line. A crossover would be nice and bullish. The June $5 call options have been active. Next week watch the resistance at 4.77. A close above will be bullish and may test 4.88/4.95.

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Microsoft Corporation (NASDAQ:MSFT) has been consolidating in a bullish pennant over the last five weeks. Play the break of the pattern.

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Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) has gained momentum recently and the stock rebounded about 10% in the past couple of trading sessions on increased volume. On Friday, the stock closed near its critical breakout point of $10, which may be broken out next week. Looking at the daily technical chart the MACD momentum is rising and RSI is on a strong uptrend, which when combined with the strengthening MACD could spell a strong move for the stock. If it crosses the $10 level, the stock has potential to gain 10-12%.

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CTI BioPharma Corp (NASDAQ:CTIC) could be in the early stages of a technical breakout. Technicals are showing bullish signals supported by rising MACD, ADX and RSI on the daily charts. For now, expect a run up to next resistance area around $2. If the stock is able to cross it and sustain above it, then it might go to $2.40. Keep it on your watch list going forward.

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I continue to support the idea of a significant rally on shares of Oasis Petroleum Inc. (NYSE:OAS), probably even above the February highs. The bulls remain in control as long as it continues consolidating its recent move. We still need to see a break and close above 17.83 or 100EMA to confirm a continuation to the upside with a next target in the 20 area. Only a break back below the 15 would invalidate this bullish outlook.

Have a fantastic weekend.

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: ACHN, CLDN, CTIC, ESI, MSFT, OAS, S, ZIOP

08:53 | Permalink |

Stocks to keep an eye on March 24, 2015

Dearest readers,

I continue to receive visits from a page that was “cloned” using my blog theme and 2 posts of mine using a Brazilian company domain that is attracting people with inappropriate ads. I have already contacted the Brazilian company informing them that its domain was hacked with some of my content, but unfortunately until now I have not received any answer . I’m thinking in contacting google and blogger about this issue, but for now my blog is running fine, the problem is that my theme was cloned and hosted somewhere using the domain of a Brazilian construction company. If you find my blog theme in some motor searches, using two articles (March 12 and 13) with inappropriate ads, I have nothing to do about that, they are the hacked pages.

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Peabody Energy Corporation (NYSE:BTU) Strong rally on decent volume today. I think the price could try and take a trip to $7 or so if volume comes in. The technical indicators are looking bullish. We saw unusual bullish options activity (April $7).

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ITT Educational Services, Inc. (NYSE:ESI) could be in the early stages of a technical breakout. The stock price has been basing the past few days and just recently started inching above most of the consolidation area. From a technical perspective, the daily technical indicators are beginning to look bullish. The MACD indicator is rising above its signal line, but remains in negative territory. The RSI crossed above the 50 mark and ADX is gaining momentum. Let's see what Tuesday brings. Could squeeze over $8. Im long.

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Shares of El Pollo LoCo Holdings Inc (NASDAQ:LOCO) have room for a significant uptick beyond these levels. Volume starts to pick up again. A move above $28.09 could trigger a sharp move higher. Long set-up on watch.

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Rambus Inc. (NASDAQ:RMBS) is moving higher after-hours after the company announced it has signed both patent and technology license agreements with IBM. The stock needs to take out 12.79 in order to convince bullish buyers at these levels. I like this stock and chart.

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First Solar, Inc.(NASDAQ:FSLR) Starting to look strong again. Next buy area when clears the 62.27 level on heavy volume.

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U.S. Silica Holdings Inc (NYSE:SLCA) still looks poised to break higher. A move above 33.49 would confirm the breakout, with an initial target of 34.06 and secondary target of 37.47.

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: BTU, ESI, FSLR, LOCO, RMBS, SLCA

21:16 | Permalink |

AC Investor Blog

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

Sunday, October 11, 2015

Stocks to Watch for October 12, 2015

Thursday, October 08, 2015

Stocks to Watch for October 09, 2015

Wednesday, July 22, 2015

Stocks to keep an eye on July 23, 2015

Wednesday, July 15, 2015

Stocks to keep an eye on July 16, 2015

Saturday, July 11, 2015

Stocks to keep an eye on July 13, 2015

Tuesday, June 16, 2015

Stocks to keep an eye on June 17, 2015

Saturday, May 30, 2015

Stocks to keep an eye on June 01, 2015

Monday, March 23, 2015

Stocks to keep an eye on March 24, 2015

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