AC Investor Blog

Interesting chart setups to watch next week

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Bio-Path Holdings Inc (NASDAQ: BPTH) should be on your radar screen Monday following news the company submitted a request for withdrawal of registration statement. Closed in after hours at $22.09. From a technical standpoint, the stock has been forming a nice base above the rising EMA50 marked at yellow. If this pattern is resolved on the upside, the stock can potentially test $25 levels. The short-term support is seen at $14.76 levels.

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Sphere 3D Corp (NASDAQ: ANY) Low float stocks continue to get lots of attention and im trying to play all the best setups, keeping my focus on these small names, because the returns could be tremendous in this enviroment but always using tight stops. I've seen low float stocks run on nothing, no news, no material events so I would not be surprised to see also ANY get a nice push based on this great bottom pattern. The stock looks ready to break out some point soon, and with the low float it won't take much buying pressure to get this stock back to where it belongs. After trading below its EMA50 ANY has broken out of that moving average placed on its daily candlestick charts in yesterday’s trade on volume. Im accumulating with a stop loss being placed below 2.4 and going forward we can expect a target of 3.4-4.

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Midatech Pharma (NASDAQ: MTP) has retraced most of its recent gains and looks ready to renew its bullish momentum. MTP is currently forming a falling wedge pattern, indicated by the two unparallel black lines in the chart above, while MACD Hist is displaying a positive divergence. That said, the stock should attempt to knock out the upper trendline of the falling wedge pattern and rally towards $3.5 as its primary upside target.

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New Age Beverages Corp (NASDAQ: NBEV) has been pulling back forming a potential bull flag formation on hourly and finding support in the 5.5 levels. Pullbacks are a normal part of an uptrend after a huge rally. This suggests that stock should resume to the upside as far as dips stay above 5.30. Lets see how this plays out next week.

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Atossa Genetics Inc (NASDAQ: ATOS) could get hot in the coming days and weeks. The continue to trade sideways, but I am seeing a lot of strong bullish signals, such as the Golden cross and the huge accumulation on the A/D indicator. Add this stock to your watchlist.

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Parsley Energy Inc (NYSE: PE) broke out of a consolidation that has been building for about 3 months on volume, and based on one market theory the stock is set to soar higher. Next major resistance lies at 21.37

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Second Sight Medical Products Inc (NASDAQ: EYES) after a nice pullback on Thursday the stock is back on the upswing. There could be more big gains on the way for this stock, and its worthy of getting recognizition on the watchlist. Next pivot resistance point is 1.2

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Navios Maritime Holdings Inc. (NYSE: NM) has come out of no where the last few sessions gaining nearly 80% in just two weeks. Volume and price is on the rise and that means you should be adding this name to your watchlist. As I always say, follow the smart money. I will be waiting for a pullback to enter.

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Boxlight Corp (NASDAQ: BOXL) closed up 17 cents and could see an even bigger move if the buyers continue to come into this stock. BOXL has a low float, a great story, and in my view, should be trading well over $4 in the short term. On watch.

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: ANY, ATOS, BOXL, BPTH, EYES, MTP, NBEV, NM, PE

09:45 | Permalink |

Stocks to Watch for December 10, 2018

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Domo Inc (NASDAQ: DOMO) had a strong surge on big volume Friday. Watch for a follow-through day and be sure to set a stop just below the EMA50.

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Uxin Ltd (NASDAQ: UXIN) has been in a strong upwards trend the past few days. The technical chart suggests that stock might find now resistance at $5. Only a close above this level would suggest further upside.

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Things are now beginning to turn in favor of Bulls again. Momenta Pharmaceuticals, Inc. (NASDAQ: MNTA) could breakout again at any moment. Just look at the way it broke out of its 20-day EMA on strong volume. The trend is definitely your friend. The MACD also confirms the recent jump and RSI shows that there is more upside to come. MNTA should be watched closely.

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Immune Design Corp (NASDAQ: IMDZ) is very bullish with a lot of hot indicators showing up. The slope of the recent upward move is very steep accompanied by increasing volume. This momentum could push this stock much higher from here, so keep it on the radar next week. From a technical standpoint, buy the dips.

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Clovis Oncology Inc (NASDAQ: CLVS) Nice price movement on solid volume. Next buy when clears 22.5 on heavy volume.

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Oncomed Pharmaceuticals Inc (NASDAQ: OMED) Strong volume last week around the $1 area, which could be a good signal of capitulation. The stock was over $1.9 last month and closed Friday at 98c. We could see a sharp rally out of these oversold conditions. I bot a few shares and im looking for a possible short-term bounce to 1.4-1.5 zone

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Pernix Therapeutics Holdings Inc (NASDAQ: PTX) With the stock experiencing high volatility and uncertainty this area offers an excellent opportunity for swing traders. PTX went as high as $1.14 before falling to a low of 36c in just two sessions. I also bot this one on Friday, looking for a short-term bounce to 58/60c.

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Second Sight Medical Products Inc (NASDAQ: EYES) Very strong bullish engulfing candle on hourly chart accompanied with volume. The stock closed near the highs of the day as well, which is very positive. Next resistance is now seen at 1.14 then 1.28

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: CLVS, DOMO, EYES, IMDZ, MNTA, PTX, UXIN

19:12 | Permalink |

Interesting setups that you should watch next week

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When the stock market is down, should we buy or sell? Thats always the million dollar question for many investors. Your instinct probably says yes, but looking at this daily chart formation, it maybe wise to buy rather than sell, because of the December effect. While buying the dips can be scary for investors, it's been a great strategy in recent years, especially in this particular season of the year. The rising accumulation line also indicates that smart money is doing exaclty that. Above chart shows what it looks like to be a head and shoulders bottom pattern or in other words an inverted head and shoulders, which is the first sign that a bearish trend is about to end. The inverted head and shoulders formation represents a decline to a new low and a rally to immediate resistance, followed by a second decline to a lower level, then a third, more modest decline and rally through resistance. However, take note that the index must break the neckline of this pattern located at 2816 in order for it to be a valid inverted head and shoulders. Many market participants and friends are reluctant to believe in a Santa Claus rally this year, but im confident that we will see it happens once again.

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Applied Materials, Inc. (NASDAQ: AMAT) stock chart is also displaying an inverted Head and Shoulders formation. The good reaction to bad news "Guidance" is the ultimate indicator of positive sentiment for next week. If a company releases bad news and its stocks are going up, it may mean that all bad news are priced in JMHO. The break of "neckline" resistance next week, could lead to a nice short squeeze and one that will be fun to watch.

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Advanced Micro Devices, Inc. (NASDAQ: AMD) continues to be bought on dips as accumulation chart suggests. The near-term bias remains neutral but a daily close above $22 will shift the bias to bullish.

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Watch Real Goods Solar, Inc. (NASDAQ: RGSE) to go higher, the stock had good volume and a nice big candlestick on Friday. This was on my watchlist last week for 51c break.

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Digirad Corporation (NASDAQ: DRAD) was over $1.58 last month and closed Friday at $1.03. Insiders purchased more than 40k shares in the last 2 weeks. We could see a sharp rally out of these oversold conditions.

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Second Sight Medical Products Inc (NASDAQ: EYES) still in play for me. I'm following the smart money here. Director purchased 6M shares in just 4 months. Plus, the stock is very oversold. This chart shows the velocity of amplitude "move" that stock does, everytime it reaches extremely oversold conditions. On watch for a big bounce.

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MTNB stock is holding its ground really well above its key EMAs and the golden cross is about to HAPPEN for the first time in months, which is a strong bullish signal. It could see a nice bounce here.

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AEterna Zentaris Inc. (NASDAQ: AEZS) broke out to new highs Friday on heavy volume. The stock has been on fire and it is hard to predict how far the momentum will take the stock. If you want to ride the uptrend as long as possible, you can hold the stock with a trailing stop.

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: AEZS, AMAT, AMD, DRAD, EYES, MTNB, RGSE, SPX, SPY

18:10 | Permalink |

Here are some technical charts to watch next week

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Marinus Pharmaceuticals Inc (NASDAQ: MRNS) broke through that critical 8.25 level yesterday on heavy volume. There is a high probability for a trend continuation in the next sessions, as the stock could test the next key resistance level in the 9.5 area.

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TOP SHIPS Inc (NASDAQ: TOPS) broke and closed above its declining EMA50 for the first time in months accompanied by high volume. I expect a continuation of the rally's momentum next week, targeting the 1.5 level. If a new breakout occurs, next resistance is in the 1.87 area, my target (alerted on twitter around the 97c level last week as a potential bottom play).

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Shares of DryShips Inc. (NASDAQ: DRYS) are starting to heat up again and are worth watching. The stock broke out last week of a large descending channel formation. This technical move is very significant and could be marking a new trend higher that is still in the early stages of development. I expect continuation of current momentum in the next few trading days toward the 6-6.25 area.

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Second Sight Medical Products Inc (NASDAQ: EYES) Good looking technical chart and insiders are buying a lot of shares at current levels. They must know something positive about the company. Keep it on watch. Im accumulating on any dip.

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CTI BioPharma Corp (NASDAQ: CTIC) is a stock that deserves some attention over the coming sessions, for a potential reversal. I see CTIC on verge of breaking up out of this small compression. My daily indicators have signaled buy with bullish divergences, thus we can expect stock to get above the 2.16 level sometime next week. Plus, unusual call swepers were detected last week.

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The possible reversal move in Oragenics Inc (NYSEAMERICAN: OGEN) shares was something that I tweeted last week before the crowd. If you were following my twitter account you would have gotten the tweet when the stock was trading around 45c. It ended the session on Friday at $.72, gaining nearly 46%. If you jumped in and booked your profits, congratulations! I sold just half of my position to protect some profits (i'm just managing the risk) because of the data that will be published on Monday. Note: Technically the stock looks really bullish now.

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Tilray stock (NASDAQ: TLRY) continued to cool off Friday after a massive short squeeze on Wednesday, that for sure, cleared out a lot of shorts positions. The pullback was to be expected after the massive rally, but the price needs to hold now above the key $120 level for the bullish sentiment to persist. If it fails to hold above that level, it could then fall to $97. I continue to see the hourly chart as one of the best time-frames to follow this stock.

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Sounds like BlackBerry Ltd (NYSE: BB) is gaining some momentum again. The stock has made a strong bounce off of the recent lows that were posted earlier in the month with high volume. The technical daily chart shows possible new rally as MACD fast line is back above MACD slow line, while the RSI is also gaining strength. If a proper breakout happens at 10.45 we can see a short-term target of $11.04 Note: Earnings on Friday Before the openning bell. Im a long term investor in this one. My price average remains at 8.85

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Advanced Micro Devices, Inc. (NASDAQ: AMD) At this point, nobody can predict if this is the start of a major correction or just a pause before the previous price action resumes. MACD is flashing a sell signal but the stock continues holding nicely the $30 mark. As long as it stays above this key support level, it confirms that the bulls are in control.

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The above technical daily chart shows that Rambus Inc. (NASDAQ: RMBS) is all set to break out of this large falling wedge anytime next month. Short-term technical indicators are improving and the MACD on the daily chart is about to cross up. I'm a buyer of RMBS once it breaks $11.5 for a possible breakout move. RMBS could have good upside potential, so watch the stock closely next week.

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: AMD, BB, CTIC, DRYS, EYES, MRNS, OGEN, RMBS, TLRY, TOPS

12:52 | Permalink |

Setups and trade ideas for next Week

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Twitter Inc (NYSE:TWTR) Although the stock market conditions can change any trend quickly, if the breakout area mentioned on the chart holds next week on a close basis, Friday's pullback could be identified as a profit-taking day. Technically the bulls are not done yet.

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Riot Blockchain Inc (NASDAQ:RIOT) has seen a massive drop in share price since December highs. Stocks with such a big fall generally at least have a bounce. The rising 200-day EMA, along with the RSI entering the oversold region could support a short-covering bounce over the near-term. Sure it could drop more, but the stock could also rally hard to $20 or better. The high short interest could fuel a rally on short covering.

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Proteostasis Therapeutics Inc (NASDAQ:PTI) the daily chart is what has my interest. Such a dramatic fall in just 2 days on no news from the company, will almost certainly at some point see a nice bounce. When it does bounce it should be a violent one. Please note, insiders bought more than 4 Million of shares in December at $5 and institutions have also been increasing their stakes lately.

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Skyline Medical Inc (NASDAQ:AIPT) looks to be turning the corner on the technical daily chart above after falling steadily over the last few months. It is a risky stock like anyone that trades around $1, but one that could pay off with a 100% gain. The accumulation indicator also shows huge interest in the stock.

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Viking Therapeutics Inc (NASDAQ:VKTX) lets see if this stock will continue its upward next week. Good looking chart in all time-frames. Worth adding to your watchlist.

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BlackBerry Ltd (NYSE:BB) has dropped from $14.5 a share to $12.41 a share over the course of just one month. I think the stock is well over due for a bounce here around its rising 50-day EMA.

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Apple Inc. (NASDAQ:AAPL) big dip to an area of big support. Watch for a bounce next week.

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Second Sight Medical Products Inc (NASDAQ:EYES) this chart is one to watch for a potential breakout next week. The MACD is starting to curl and showed relative strength on Friday. Breakout watch over 2.17

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, AIPT, BB, EYES, PTI, RIOT, TWTR, VKTX

18:15 | Permalink |

My Watchlist for Wednesday, Sept 14

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Plug Power Inc (NASDAQ:PLUG) made an awesome move today breaking out of a major resistance line with volume backed confirmation. I went long as its quite possible we should see a short term move near $2.6/share. The technical daily chart above shows bullish sign with +DI line on top of -DI line and MACD rising. There could be good upside in PLUG so watch the stock closely.

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Ballard Power Systems Inc. (NASDAQ:BLDP) shorts are getting squeezed here. In parabolic mode.

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It looks like Spherix Inc (NASDAQ:SPEX) is starting to turn back up and indicators are giving the first bullish signs. It closed today just slightly above the key EMAs 50&200, which is a very bullish signal for tomorrow. A volatility squeeze seems eminent. You want to watch the stock closely as SPEX can move quickly and you want to be ready for this move once it happens.

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Juno Therapeutics Inc (NASDAQ:JUNO) broke through resistance at $44.6 accompanied with high volume. We should be able to see another decent upside movement for the bulls here. Next resistance lies around $50

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Second Sight Medical Products Inc (NASDAQ:EYES) With its support around the EMA50, today's candle proved that this support is holding nicely and that a new leg higher is about to take place. Daily technical indicators are showing some nascent signs of bullishness. If we reclaim the $1.23 level (EMA100) and hold, i expect a rapid move toward 1.44 area.

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I'm keeping TearLab Corp (NASDAQ:TEAR) on the list for a possible strong move to the upside. There are several indications I see which suggest a near-term bottom, including large positive divergences on MACD, RSI and CMF. A break above 1.55 on a close basis should be seen as a serious threat for the stock to test the $2 levels again.

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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: BLDP, EYES, JUNO, PLUG, SPEX, TEAR

22:04 | Permalink |

My Watchlist for Tuesday, June 27

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Hertz Global Holdings, Inc (NYSE:HTZ) after basing for several weeks broke upward today on heavy volume and closed at $10.83. I think this opens up the door for further gains. Let's see what happens tomorrow.

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Second Sight Medical Products Inc (NASDAQ:EYES) had another impressive trading session. I feel EYES looks poised to breakout in the coming sessions as attention appears to be returning to the stock via price gains and volume.

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EnteroMedics Inc (NASDAQ:ETRM) I have this stock on watch for a major breakout. Given the steady buying pressure we have seen around the $5 level, makes me think we should break the 5.15 resistance level very soon. I would not be surprised to see this stock trade back to $6 or better in the short term. Technical indicators are turning up.

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Microbot Medical Inc (NASDAQ:MBOT) closed up 6.29% on above average volume. I would keep an eye on this stock. It has been slowly creeping higher and I think it could be trading over $2 in the short-term. On the technical side, we also have a bullish MACD crossover. We could see here a RWLK type-move.

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Investors continued buying up Marathon Patent Group Inc (NASDAQ:MARA) as it surged again today this time to the tune of 51.94%. I alerted this stock on twitter last week at 15c.

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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: ETRM, EYES, HTZ, MARA, MBOT

23:42 | Permalink |

AC Investor Blog

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

Saturday, April 13, 2019

Interesting chart setups to watch next week

Sunday, December 09, 2018

Stocks to Watch for December 10, 2018

Saturday, November 17, 2018

Interesting setups that you should watch next week

Sunday, September 23, 2018

Here are some technical charts to watch next week

Saturday, February 03, 2018

Setups and trade ideas for next Week

Wednesday, September 13, 2017

My Watchlist for Wednesday, Sept 14

Monday, June 26, 2017

My Watchlist for Tuesday, June 27

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