AC Investor Blog

My Watchlist for Thursday, August 25

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Netflix, Inc. (NASDAQ:NFLX) stock is stuck between the 50-day and 200-day exponential moving averages. watch these levels carefully and play accordingly.

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Pernix Therapeutics Holdings Inc (NASDAQ:PTX) Watch this short term rising channel, any break on volume can be played accordingly.

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VirnetX Holding Corporation (NYSEMKT:VHC) Nice rally on volume today despite the market's selloff. Watch this one tomorrow as it approaches a major resistance area. Daily technical indicators are starting to look bullish. Next buy area when it clears 2.93 on heavy volume. Could be a high flyer on breakout.

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Glu Mobile Inc. (NASDAQ:GLUU) continues to bounce nicely from severely depressed levels and appears poised to breakout above the 50-day moving exponential average. Oscillators indicators are also starting to turn positive. Keep it on watch.

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Nymox Pharmaceutical Corporation (NASDAQ:NYMX) made a huge reversal candle today in a weak market. If it breaks today's high of 4.58, further up move can be expected.

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QLT Inc. (NASDAQ:QLTI) displayed some impressive relative strength with a 6.9% gain on volume above average. I think we could see some follow through tomorrow. The next major resistance area is around $1.60 (100EMA).

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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: GLUU, NFLX, NYMX, PTX, QLTI, VHC

22:35 | Permalink |

My Watchlist for Tuesday, August 23

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Amedica Corporation (NASDAQ:AMDA) broke out into the gap area on heavy volume and there is a high probability for a trend continuation in the next sessions (closing gap). Daily technical indicators are showing signs of turning around.

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Chimerix Inc (NASDAQ:CMRX) displayed some impressive relative strength today with a 9% gain on volume above average. I think we will see some nice follow through tomorrow. The next major resistance area is around the $5 level. Could be a high flyer on breakout.

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If you like trading under cash small bio caps, check out this stock: Carbylan Therapeutics Inc (NASDAQ:CBYL). The company has $1.33 per share in cash but trades at 57c. From a technical standpoint, if the stock can break out above the 60c level with heavy volume, I think the stock could shoot up to test 70c area. There looks to be good upside potential, so watch the stock very closely on Tuesday. I started a position today.

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Glu Mobile Inc. (NASDAQ:GLUU) possibly basing for breakout. With the daily momentum indicators showing positive divergences on daily chart, I think a push to $2.5 or better could be in the making. Today's high volume could be a signal for trend change and the beginning of a potential major move higher.

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Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) could move toward 10 area if it breaks current horizontal resistance at 9.36

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Cesca Therapeutics Inc (NASDAQ:KOOL) was on my bottom scan at $4 on Friday and hit a high of $4.92 today. A good example of why bottom plays can be very lucrative, if you buy in at the right time. On the upside, I expect tough resistance at $5

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Ocean Power Technologies Inc (NASDAQ:OPTT) stock has been consolidating in recent weeks and is currently trading sideways.Watch for a possible breakout out of current consolidation (symmetrical triangle).

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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: ACHN, AMDA, CBYL, CMRX, GLUU, KOOL, OPTT

21:58 | Permalink |

Stocks to Watch for July 19, 2016

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Advanced Micro Devices, Inc. (NASDAQ:AMD) has been in an orderly bullish up-channel since mid-April and today, it made a new 52-week high at $5.57. Look for follow-through on Tuesday with increasing volume to confirm today's move.

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GameStop Corp. (NYSE:GME) broke out above its key resistance level today and surged considerably higher amidst impressive buying pressure after CEO Paul Raines told CNBC that sales were up 100% in 462 stores that are gyms in the Pokemon Go app. I expect GME to continue to gain investor interest going forward. Keep it on your watch list tomorrow.

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Bank of America Corp (NYSE:BAC) Nice breakout of resistance on good earnings and volume confirmation. Could be a good buy on a dip near $13.75 if given the chance.

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Abercrombie & Fitch Co. (NYSE:ANF) broke out of a bullish flag/consolidation it has been in for the past week. Go long on the break of Monday’s high at 20.17.

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Glu Mobile Inc. (NASDAQ:GLUU) had a very good rally accompanied with large volume today. GLUU is one stock that seems to be turning around again and some technical indicators are confirming the recent positive movement. Buyable on a pullback to the pivot.

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Zynga Inc (NASDAQ:ZNGA) has consolidated sideways for the past several sessions under resistance near $2.90. If the stock clears resistance the move may be powerful.

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: AMD, ANF, BAC, GLUU, GME, ZNGA

22:05 | Permalink |

Seven Stocks for Your Watchlist

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I've been looking at Chimerix Inc (NASDAQ:CMRX) for a possible breakout into the gap. From my point of view, there are solid and consistent buyers here. In other words, the money flow index indicator on the chart above shows the strength. Plus, the daily technical chart also shows that there are some signs of a possible bounce due to the oversold indicators and some positive divergences, which often leads to short covering. Let’s see whether the stock can gather enough momentum to break through $9.72 in the coming sessions. The company management will participate in one investor conference next week at the J.P. Morgan 34th Annual Healthcare Conference taking place in San Francisco from January 11th - 15th 2016. This could be a good catalyst for a bounce. Stay tuned.

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On my swing long list. I think Silver Wheaton Corp. (NYSE:SLW) is about to breakout from this descending triangle pattern. On the technical charts, the stock currently is trading just above its 13 & 20EMAs with both lines providing an additional layer of support for stock. Additionally, the MACD made a bullish crossover last week. With good trading volume, the stock could be poised to trade higher to test its next level of resistence at 14.09. On watch.

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JP Energy Partners LP (NYSE:JPEP) Contrary to expectations, the stock price ruled strong and also moved closer to the resistance level of 5.12. Investors may remain invested with a stop-loss at 4.35 (on closing basis) as the stock appears to have the potential to break out. So far the daily technical chart is still showing buy signal with stock trading above 9 day and 13 day moving averages with MACD on top of signal line and RSI rising. On watch.

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Glu Mobile Inc. (NASDAQ:GLUU) After a "weak" open, the stock reversed course and closed higher to form a strong bullish engulfing candle on Friday. We should be watching for a follow-through day to confirm that a new uptrend is under way. There is short-term resistance looming at 2.52. A break above this level would expose the stock to next resistance level at 2.72. Stay tuned.

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Walter Investment Management Corp (NYSE:WAC) demonstrates bullish bias on daily technical charts supported by positive moves of momentum indicators. Let's see if it is able to muster enough interest next week from traders to break through and clear the 15.26 level. Watch out for volume at the breakout as it could be an early indicator of investors interest.

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Viacom, Inc. (NASDAQ:VIAB) Setting up a possible resistance breakout trade. Long over 41.86. There are several indications on daily technical chart which suggest a near-term bottom.

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NGL Energy Partners LP (NYSE:NGL) gave a pocket pivot buy point, rising in higher volume. From a technical standpoint, momentum indicators are beginning to turn bullish. Watch for a good follow through day next week.

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: CMRX, GLUU, JPEP, NGL, SLW, VIAB, WAC

14:35 | 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 December 15, 2014

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Glu Mobile Inc. (NASDAQ:GLUU) The stock price is currently compressed by the 50-day EMA and the upper line of the descending channel within which the price has been trading since July. Will the stock break through this resistance ? Or retrace down ? If able break through 4.08, immediate resistance would be the 100-day EMA which is 4.38 level. If retrace down, 3.80 (13 & 20 EMAs) is strong support level.

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Basic Energy Services, Inc (NYSE:BAS) After huge retrace down, the stock seems to be showing a significant amount of capitulation here. Plus, with the daily momentum indicators at extreme oversold levels after last week’s selloff, a potential rebound is round the corner. I went long on Friday.

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TGC Industries Inc (NASDAQ:TGE) is another potential bottom-play, might bring some good scalping opportunities to the 2.75 level. Stochastics are triggering reversal and MACD is showing signs of bottoming.

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Denny's Corporation (NASDAQ:DENN) Not a good candle formation in the last session, most probably it will retrace down to test the breakout support. RSI & Stochastics remain very overbought, so a pullback within the next couple of sessions cannot be ruled out.

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Celldex Therapeutics, Inc. (NASDAQ:CLDX) My read is that the pullback is almost over and the stock can continue upwards. Since its high-volume up-move in the middle of the November the stock has been bullishly flagging on low volume. The previous breakout level (now very strong support) should attract buyers next week.

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Facebook Inc (NASDAQ:FB) failed to trade lower by the end of last week and the stock price is now in a short-term bullish trend as seen on the chart above. We should be able to reach 79.71 as long as we trade above the 50-day EMA. MACD is rising in the positive territory.

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) broke the bear flag to the downside on increasing volume. Based on the technical chart above, I think that there is a high probability of further downside momentum. Only a move back over 4.08 would negate the immediately bearish bias.

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Sangamo Biosciences, Inc.(NASDAQ:SGMO) Over the last two days of trading, the stock saw strong bullish momentum, something that helped the stock advance approximately 25%. This rally was halted slightly below the key resistance barrier of 17. Will the stock break through this key resistance next week ? Honestly, I think the stock could rest here for a bit before we see the next move up. The technical daily chart above shows the stock is about to be back to bull market as the 50-day EMA is about to cross on top over the 200-day EMA. Additonally, the MACD is still rising and above zero. Lets watch it closely.

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: ARNA, BAS, CLDX, DENN, FB, GLUU, SGMO, TGE

11:12 | Permalink |

Stocks to Watch for Aug 18, 2014

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WidePoint Corporation (NYSEMKT:WYY) ended Friday's session at 1.62, gaining more than 9 per cent with 1.1M shares changing hands. The stock price looks to be on a reversal of its short-term trend supported by a positive MACD cross and directional indicators. On the upside, the next resistance lies at 1.68

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Yahoo! Inc. (NASDAQ:YHOO) has been in a bullish consolidation over the last 3 weeks. The major resistance stays at $37. Fresh long positions should be made only when the stock closes above this level with an up candle on volume.

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Gold Resource Corporation (NYSEMKT:GORO) continues to demonstrate positive outlook. It is likely to show further upside if the stock price succeeds in convincingly breaching the next key resistance at 6.24.

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Celgene Corporation (NASDAQ:CELG) continues to demonstrate bullish outlook with its strong structure on daily charts. It needs a convincing break out at 90.50 levels to see a continuation of the trend.

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Glu Mobile Inc. (NASDAQ:GLUU) ended the Friday's session at 5.19, slipping down by 3.17% with 12.5 million shares traded. The stock price closed in red for the second consecutive session with relatively high volumes and demonstrates weakness with its recent downturn. Momentum indicators suggest flat move w/ a negative bias for the stock. Bulls need to hold the key support level of $5.

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Globalstar, Inc. (NYSEMKT:GSAT) ended yesterday session at 3.99, losing 0.25% with thin volumes after breaking out of the descending channel the day before. The stock continues to maintain positive outlook by holding above all major EMAs. On the up side, the stock is likely to find resistance at 4.20 then 4.42.

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: CELG, GLUU, GORO, GSAT, WYY, YHOO

09:59 | Permalink |

Stocks to Watch for July 15, 2014

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NII Holdings Inc (NASDAQ:NIHD) today broke above the key resistance line of this sideways pattern on a move up 13 cents to 82c. A move above 83c would confirm the breakout with the next target of 1.15 and then 1.30. From a technical standpoint indicators are looking bullish. The MACD indicator is above the signal line and is now rising in positive territory. The Slow stochastic and RSI are well inside their Bullish regions. A stop loss should be placeed at 65c.

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Glu Mobile Inc. (NASDAQ:GLUU) We had a nice continuation move today.

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AOL, Inc. (NYSE:AOL) has become increasingly bullish and is currently consolidating in an attractive pattern. A move past 41.69 would be a strong indicator of a further uptrend in the stock. Stay tuned.

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ParkerVision, Inc. (NASDAQ:PRKR) remains oversold and is gaining momentum. We have all seen how quickly this stock can head higher, when the buyers come. I believe it is ready to post a nice bounce and I do not see any resistance on the technical chart until $1.54. A stop loss should be placed below 1.20

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Companhia Energetica Minas Gerais (NYSE:CIG) Chart looks bullish. Keep an eye for a possible breakout over $8.27

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Advanced Micro Devices, Inc. (NYSE:AMD) is nearing a key resistance level in the 4.65 area. Considering the strong momentum today, I think the stock looks set to break higher on Tuesday. Keep this stock in your radar list.

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, AOL, CIG, GLUU, NIHD, PRKR

22:34 | Permalink |

AC Investor Blog

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

Wednesday, August 24, 2016

My Watchlist for Thursday, August 25

Monday, August 22, 2016

My Watchlist for Tuesday, August 23

Monday, July 18, 2016

Stocks to Watch for July 19, 2016

Saturday, January 09, 2016

Seven Stocks for Your Watchlist

Tuesday, February 17, 2015

Stocks to keep an eye on February 18, 2015

Saturday, December 13, 2014

Stocks to Watch for December 15, 2014

Saturday, August 16, 2014

Stocks to Watch for Aug 18, 2014

Monday, July 14, 2014

Stocks to Watch for July 15, 2014

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