AC Investor Blog

Here are a few setups for next week !! Good luck to all

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Netflix, Inc. (NASDAQ: NFLX) surged 3.98%, yesterday on higher-than-average volume and finished at its highest close in more than 3 months. It closed at 337.59, substantially above key resistance at 332.05, confirming the breakout. Friday's close was also near the high of the day, another good sign and indication of possible continuation of current momentum. On watch.

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Finisar Corporation (NASDAQ: FNSR) over the last three weeks has formed an ascending triangle pattern with a double-top in the 21.9 area, which now represents a key resistance area which could be broken in the next few days. If a breakout next week occurs, we could see a move toward the 23 level.

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BlackBerry Ltd (NYSE: BB) Price appears to be forming a descending channel on its daily time and is on its way to test the resistance at 7.70. If this breakout occurs we could see Blackberry in the 8-8.20 area in the next couple of trading days.

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Inseego Corp (NASDAQ: INSG) broke the bullish flag pattern and formed a new high. Any pullback could be bought by dip buyers.

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This stock has a very interesting technical daily chart and the flu season is in full swing. Any stock that has the slightest bit to do with the flu could see a nice rally this month. The MACD line is starting to curl upward, which should eventually lead to price increases. If this happens here we could see VXRT rally to almost $3.4

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New Age Beverages Corp (NASDAQ: NBEV) is consolidating in a possible large "symmetrical triangle" pattern with short-term bullish tendency, pointing to an impending technical breakout soon. The daily MACD indicator on its daily time frame is also suggesting that upside pressure is starting to resume. The breaking of Friday’s highs would be a buy signal.

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SAExploration Holdings Inc (NASDAQ: SAEX) A nice recovery for this spec play from $2 to $6 last week. The stock remains overbought, however it has some serious momentum on its side. Trading these type of stocks that have large moves to the downside can make for great trades, when they finally rally, as SAEX has done last week. CEI and PED are others that might attract some auxiliary attention next week. Here is the technical daily chart for u guys, I dont own any position on SAEX (unfortutanely) just watching.

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Camber Energy Inc (NYSEAMERICAN: CEI) is a spec play worthy of some attention as well. With some buying volume this stock could soar just like SAEX. As I mentioned in my trading rules article in October, these kind of stocks, are the ones to trade not to invest. In this particular case, i see here an opportunity based on the daily chart for a nice swing trade, which was one of main reasons that made me buying it again at 1.08. Plus, the massive rally on its sympathy play SAEX. Looking at the daily chart, it seems to be forming a potential double bottom and some key indicators are displaying that potential scenario. That said, my strategy is simple. Stop loss at 90c and short-term target 1.43 in case of normal daily average volume. Over 10M shares, my target would be +$2.4 keep it simple. Small cap companies can be a good opportunity because of the cheap share price, but we need to have rules to trade them.

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Bank of America Corp (NYSE: BAC) worth keeping an eye on, may need to build some energy. However, if we reclaim the EMA50 and hold, i expect a rapid move toward $28 area.

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General Electric Company (NYSE: GE) is really starting to get going. I like the way its been trading lately and I think it could hit $10 in the coming weeks, but before that, the stock needs to break this small consolidation area to expect another move to the upside. Long setup on watch.

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Rewalk Robotics Ltd (NASDAQ: RWLK) Nice candle Friday on above average volume. It has a nice gap over 26c. Still on top of my small caps watchlist (added last month around 18c).

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AK Steel Holding Corporation (NYSE: AKS) again closed above its 20-day EMA. This stock ,in my view, looks to be in the early stages of another rally that will bring the stock to over $3 a share.

Note: Small-capitalization stocks are on fire again, so i will be here as long as the momentum is in our favor (keep in my i dont trade OTC stocks). Small-cap stocks generally provide the best returns for day traders, but we need to be aware of the risks. There could be liquidity problems if someone is trying to take a big position in a small stock, so if your account is small, please diversify in order to avoid been stuck in just one stock and use tight stops.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.

Thanks for visiting AC Investor Blog.

AC

Labels: AKS, BAC, BB, CEI, FNSR, GE, INSG, NBEV, NFLX, RWLK, SAEX, VXRT

18:21 | Permalink |

Stocks to Watch for December 14, 2015

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Despite the market sell-off on Friday, Second Sight Medical Products Inc (NASDAQ:EYES) shares showed some strength for the second consecutive day and recovered some of their losses in the final hour. It seems that the stock has discovered fresh upward momentum, although it still needs to clear the declining 50-day EMA resistance around $6.30. If it is able to close above this key resistance level then the next target becomes the $8 area, towards the highs of November. In addition, MACD also indicates positive momentum and the accumulation/distribution indicator is turning up. This was a $15 stock in August and at $5.93, in my honest opinion, there is a compelling risk/reward scenario based on the recent news. Look at the two big volume days of last week, that is serious accumulation. The stock is starting to impress and should be one to watch going forward. If momentum continues as I expect next week, I believe there are lot of profits left on the table for traders to capitalize on. Im long.

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VMware, Inc. (NYSE:VMW) Watch this small falling wedge to be resolved to the upside. There has been some unusual call activity past week. I think in the short term it could see $65 but let's see a test and close above of $60 first.

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Sunedison Inc (NYSE:SUNE) had a volatile but indecisive movement on Friday. Moves of key indicators on daily charts suggest continuation of positive bias for the stock. Plus, chart shows an ascending triangle formation in progress. The key level to watch here is the upper resistance at around 4.37.

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Finisar Corporation (NASDAQ:FNSR) broke through that critical 12.54 level Friday on heavy volume and looks to be heading higher. The stock hit a high of $14.52, which is resistance for Monday’s move. If the stock can break through resistance, we should see a strong follow through move.

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Tuniu Corp (NASDAQ:TOUR) has started a resistance breakout of the 16 level. Further rise could be expected and next target would be at 17.5 area. All technical indicators continue to point to higher prices.

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Mylan NV (NASDAQ:MYL) looks like is close to attempting a breakout. The stock hit a high of $53.28 but failed once again to close above the 53.73 key resistance area. I expect to see a high volume move once the stock breaks through this level as traders are watching this stock closely. On watch.

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GoPro Inc (NASDAQ:GPRO) made a nice upside reversal on Friday. The daily technical chart above is displaying a screaming buy divergence on the upside (MACD & RSI rising) Expect an initial run up to $19.64 with a break higher moving to the 21 zone. The stock has momentum back on its side.

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: EYES, FNSR, GPRO, MYL, SUNE, TOUR, VMW

16:03 | Permalink |

Stocks to Watch for December 07, 2015

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Finisar Corporation (NASDAQ:FNSR) jumped up by 3.32% and closed at $12.46 on Friday. Upside volume has been good lately and the stock is setting up nicely to break out. Buy point would be on the day it blows through $12.54 on heavy volume, which could happen next week. The indicators are looking Bullish. The MACD is above signal line and above 0 line, which is a bullish indicator. Additionally to that, we also have the price currently above all short-term EMAs. FNSR will move very quickly, so watch the stock closely on Monday.

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3D Systems Corporation (NYSE:DDD) is displaying upside momentum on daily chart and looks poised to move higher from these levels. Expect an initial run up to its 50-day exp moving average at $10.52. Technically, the short-term trend for the stock is still an uptrend. Daily MACD and Slow Sto are also rising. Both indicators suggest increasing upside momentum, thus most likely the stock price will break up and through the 9.62 mark soon, which will then act a technical support for the stock price going forward. On watch.

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Relypsa Inc (NASDAQ:RLYP) broke out of an important consolidation area with heavy volume on Friday and will likely have the attention of the swing traders in the next week. The stock hit a high of 29.47 and a low of 21.86 during the day. A break over Friday's high could push it to test $31 level. The near-term outlook is bullish for the stock. MACD is positive and above the signal line. RSI is moving up and above its 70% level (overbought reading).

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Mattel, Inc. (NASDAQ:MAT) broke out from a sidewards movement Friday with high volume. At this level, we should see the stock retest the next pivot point located at $25.66 followed by $26.45. The support level is adjusted to $24.33. MACD is positive and above the signal line. RSI is moving up and above its 50% level. Long setup.

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Texas Instruments Incorporated (NASDAQ:TXN) Looks ready to break out into new high territory. The upward pressure built up over the last few sessions is good and I believe that the price could pop any moment.

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VirnetX Holding Corporation (NYSEMKT:VHC) I continue to see a confluence of "buys", with RSI crossing above 40 and MACD heading up. Some top executives have been acquiring shares for the past few weeks showing the management is bullish of the company's outlook. This is a short squeeze candidate, it has huge short interest nearly 26.73% of the 12.3 million-share float and a crazy short ratio of 39.3 (days to cover).

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Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) is basing between its short-term exp moving averages and another trip to the recent highs can not be ruled out. I believe the analyst meeting on Tuesday (Oppenheimer 26th Annual Healthcare Conference) could be a positive catalyst for shares.

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: DDD, FNSR, MAT, RLYP, TTPH, TXN, VHC

09:27 | Permalink |

Stock watchlist for the week of November 02, 2015

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XOMA Corp (NASDAQ:XOMA) I used the pullback in the stock price to add more to my portfolio using the rising 20-day exp moving average as stop-loss. Seems like it is forming a cup and handle bottom pattern on daily, which is a bullish formation. Plus, momentum indicators are bullish with the RSI inching away above the middle level and with the MACD rising in positive territory. Any close above $1.43 could lead to a substantial gain in shares. Last week, Wedbush’s Liana Moussatos reaffirmed the price target of $6 with a Outperform rating for the stock. Keep it on watch.

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Last week was a little tumultuous for AK Steel Holding Corporation (NYSE:AKS), but it ended very well. The stock fell hard on an analyst downgrade but their earnings report was so positive that the stock rebounded firmly up off the 2.25 danger zone and closed the week back over the 50-day EMA on high volume. Additionally, i saw unusual bullish options activity Friday. The surge in call options activity could signal more gains for the stock in the next few sessions. From a technical standpoint, MACD has a bullish crossover and the bullish crossover in the ADX chart adds to my conviction. Momentum oscillator RSI is also trading above 50 which signals the bullish trend further. This stock should be on your watchlist.

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Echo Global Logistics, Inc. (NASDAQ:ECHO) is a potential breakout play. Momentum picking up with MACD climbing and RSI rising. Breakout watch over $23.98

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Vringo, Inc. (NASDAQ:VRNG) made a strong upside reversal. The stock broke out and never stopped all day on Friday. There is a good chance the stock will continue to move up. If the stock can break through 39c, we should see it move up to 55c. I won't be surprised to see a similar move like back in July.

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Alcoa Inc (NYSE:AA) looks like it wants to make an upside move. Things to focus on daily technical chart is the steady increase in volume last week. It could have marked the end of the slide and beginning of bottoming. Although short-term EMAs are falling, the rising Slow Sto shows the stock is probably now in recovery mode. A close above $9.13 would impart bullishness and would help the stock move to the 9.61-9.75 area.

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Finisar Corporation (NASDAQ:FNSR) Consolidating / basing here after clearing the descending trendline over a month ago. I am taking long positions hoping that this stock has reached the bottom. There is something important to point out in this daily technical chart, the volume has been high on up days and low on down days. which could mean that a reversal may be imminent. On watch.

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) looks to have finally hit bottom, as the stock bounced strongly on Friday after its recent weakness. With the strength the stock showed at the close, we should see a continued upside move. I expect to see an increase in volume as traders are always looking for stocks that bounce after a big sell-off, so watch it closely 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: AA, AKS, ARNA, ECHO, FNSR, VRNG, XOMA

11:49 | Permalink |

Stocks to keep an eye on February 18, 2015

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Finisar Corporation (NASDAQ:FNSR) Keep an eye on this one, potential gap fill candidate. If the stock price rises to break into the gap, then we are likely to see a strong move up. Among oscillators, the MACD indicator and the relative strength index (RSI) are rising indicating strength in the current uptrend. Key resistance is located at 20.99, a break above this level will confirm the new bullish trend and the following uptrend will take price up to 24.85 zone (closing gap).

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VirnetX Holding Corporation (NYSEMKT:VHC) Had a great day, closing up 3% on no news. The stock is approaching a breakout point at the 6.16 level. A move above this key resistance level would break the stock out of a small ascending triangle pattern that it has been in for the past 2 months.

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GoPro Inc (NASDAQ:GPRO) finished the day up 12% on huge volume of over 15 million of shares exchanging hands on the day. Looking at the technical daily chart above this looks to be just the beginning of GPRO's run and I am confident that the gains will continue this week. The stock appears to be under accumulation again. The MACD momentum is rising and the relative strength index is turning up. Next key resistance is now located around $54.

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BlackBerry Ltd (NASDAQ:BBRY) good relative strength compared to the market today. Key resistance is located at $10.67, a break above this level will confirm a new bullish trend and the following uptrend will take price up to $11 zone. The RSI is moving higher, which is a sign of growing strength in the stock. I think its worth adding to your watchlist.

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Glu Mobile Inc. (NASDAQ:GLUU) broke out of a consolidation pattern today. If shares can break the $5.55 area then bulls should be able to target a move to $6.

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have been following Hemispherx BioPharma, Inc (NYSEMKT:HEB) for a few days now and surprisingly the stock showed some strength today. Volume starts to pick up. Nearest resistance for the stock is at 28c (200EMA). If this level is crossed and the stock price is able to sustain above this level, then it might go to 33c. The technical indicators are looking Bullish. The MACD is above signal line and above 0 line, which is a bullish indicator. Additionally to that we also have the stock price currently above all short/medium term EMA’s. Put this stock at the top of your radar. Hemispherx Biopharma and USAMRIID to Present New Discoveries Concerning the Efficacy of Ampligen against the Ebola Virus at Upcoming International Symposium on Filoviruses in Washington DC, March 25-28, 2015.

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, FNSR, GLUU, GPRO, HEB, VHC

22:33 | Permalink |

Stocks to Watch for October 30, 2014

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Ambarella Inc (NASDAQ:AMBA) continued its bullish momentum on Wednesday closing the session with a gain of 2.20% at $42.35. Immediate resistance remains around 43. A clear break above that area could trigger further bullish pressure testing the highs. Momentum indicators also point to continuation of positive bias.

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Infinity Pharmaceuticals Inc. (NASDAQ:INFI) It looks like the pullback is coming to an end and a reversal is very near. Watching for $13.96 breakout. All major indicators are in favor of an upward price movement. MACD has generated a new buy signal and the CMF is rising again. This momentum could push this stock much higher from here. Keep the stock on your radar for Thursday’s trading day. Im long.

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Finisar Corporation (NASDAQ:FNSR) had a volatile but indecisive movement today. Short-term bias seems more to the upside right now, testing 17.19. Moves of key indicators on daily charts suggest continuation of positive bias for the stock.

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The Gap Inc. (NYSE:GPS) potential gap-fill play above $38. Keep on watch.

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Monster Beverage Corp (NASDAQ:MNST) is setting up for another run. Lets see if it breaks over $99.53. Long set-up 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: AMBA, FNSR, GPS, INFI, MNST

22:12 | Permalink |

Stocks to Watch for Aug 27, 2014

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Twitter Inc (NYSE:TWTR) jumped +2.07 or 4.49%, to close at 48.17 today. That was the highest close for the stock since April. Today's breakout gives Twiter stock a high probability for trend continuation towards the 50-52 area short-term.

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Finisar Corporation (NASDAQ:FNSR) stock price could see a nice pop over $21 a share for a gap-fill. Long setup.

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Marketo Inc (NASDAQ:MKTO) jumped today 3.66% and closed at 29.16, just slightly below key resistance and the top line of the symmetrical triangle pattern in which stock consolidated since July. If a breakout above 29.50 occurs, we could see an acceleration of momentum and move toward the 30-32 area.

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OncoGenex Pharmaceuticals Inc (NASDAQ:OGXI) jumped 4% today finishing the session near the highs of the day on high volume, suggesting buyers are stepping in. The move puts OGXI in high probability of a breakout above key resistance in the 3.39 area where it closed. If the stock breaks today's high, the momentum could move stock to the 4 area.

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: FNSR, MKTO, OGXI, TWTR

22:11 | Permalink |

Stocks To Watch For November 13, 2012

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Zale Corporation (NYSE:ZLC) hit another new 52-week high on decent volume. If you're looking for a new entry point I'd wait for a dip near $7.12.

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Ciena Corporation (NASDAQ:CIEN) continues to inch higher but the volume was pretty light. At this point my aggressive buy the breakout trigger is at $15, with a stop loss at $13.98 and a target at $16.5. If triggered at $15 I want to use small positions.

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TiVo Inc.(NASDAQ:TIVO) does not seem to be as weak as the market and is holding its major moving averages quite well. Also the technical chart shows a golden cross a very bullish formation. Accumulation remains good and the stock could see a test of the recent highs in the near future. The shares are currently trading at $10.10 while the company has $4.36 per share in cash. With a mean analyst price target of $15, Wall Street believes TiVo has plenty of room to run.

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IMAX Corporation (NYSE:IMAX) is still showing relative strength with a 2.2% gain today. I want to jump on board with a dip back toward $22.8

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Finisar Corporation (NASDAQ:FNSR) is still drifting sideways under short-term resistance at $12.50. This daily pivot level serves as resistance and a close above $12.5 can change the downtrend with targets set for the second resistance of 13.

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: CIEN, FNSR, IMAX, TIVO, ZLC

22:43 | Permalink |

AC Investor Blog

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

Saturday, January 12, 2019

Here are a few setups for next week !! Good luck to all

Saturday, December 12, 2015

Stocks to Watch for December 14, 2015

Saturday, December 05, 2015

Stocks to Watch for December 07, 2015

Sunday, November 01, 2015

Stock watchlist for the week of November 02, 2015

Tuesday, February 17, 2015

Stocks to keep an eye on February 18, 2015

Wednesday, October 29, 2014

Stocks to Watch for October 30, 2014

Tuesday, August 26, 2014

Stocks to Watch for Aug 27, 2014

Monday, November 12, 2012

Stocks To Watch For November 13, 2012

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