AC Investor Blog

Stocks to Watch for April 14, 2016

( click to enlarge )

ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) is still trading around the $33 level which has been a strong resistance over the past several days. I now plan to buy the stock again if it can break Thursday's high of $34.06.

( click to enlarge )

Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) broke out from its sideways consolidation with a 3% rally and closed over the resistance area of 8.30. Keep this one on your radar over the next days.

( click to enlarge )

GoPro Inc (NASDAQ:GPRO) broke out above its declining 50-day EMA today and surged considerably higher amidst impressive buying pressure. It is getting some buying and looks poised to post some nice gains if the buying volume persists. I expect the stock to continue to gain investor interest going forward. Keep it on your watch list.

( click to enlarge )

Intrexon Corp (NYSE:XON) Price should become explosive if this daily chart pattern is broken to the upside with volume.

( click to enlarge )

BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) is building an optimistic pattern under resistance at $91. Watch the stock closely for a break through that price level as a cue that the stock wants to go higher. Initial support at $85

( click to enlarge )

Gogo Inc (NASDAQ:GOGO) showed some nice strength today. The stock closed nicely above the major short-term MA levels with solid volume. Keep an eye for a possible breakout over 11.32

( click to enlarge )

Vringo, Inc. (NASDAQ:VRNG) There is a positive MACD divergence on the daily technical chart and this usually means that an upward movement is coming. Wednesday’s high was $1.95, which is resistance for the continuation move. There is a lot of upside in this trade, so keep this stock on your screen tomorrow.

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: ACAD, ACHN, BMRN, GOGO, GPRO, VRNG, XON

23:00 | Permalink |

7 Setups to Watch Next Week

( click to enlarge )

GOGO has been basing for the last three weeks, recently running up from the bottom of the sideways channel near 10.36 to the top at around 11.30 in just 4 sessions. This pattern could be broken to the upside in the next couple of days. If a breakout occurs, we could easily see an acceleration of momentum and a move towards the 12.50 area. MACD and KD show buy signal as MACD is back above signal line and %K line is on top of %D line. Plus, the accumulation distribution line on the daily chart shows steady buying pressure. Based on the information of this chart, GOGO is definitely a candidate worth watching. In other words, we could see some buying come in early next week. Gogo Incorporated still has a high short interest of 16 million shares, so if it breaks and close above the 11.30 level, we could see a short squeeze and a big move up. Note: Someone bought lot of calls last week (May $13 strike).

( click to enlarge )

Yamana Gold Inc. (NYSE:AUY) on Friday jumped 30 cents, or 9%, on very heavy volume of 20.8 million shares and broke definitely out of the pennant formation which the stock has consolidated over last two months. With strong commodity prices (Gold), we could see continuation of current momentum in the stock towards the $4 area.

( click to enlarge )

Barrick Gold Corporation (NYSE:ABX) had a follow through day to the upside, as this could be the start of a possible breakout move. Volume was on the light side, but once the stock breaks out we'll see an upturn in buying. I'm keeping resistance around the 15.50 level for the breakout move. Once ABX breaks through, we should see a heavy increase in buying. On watch.

( click to enlarge )

GoPro Inc (NASDAQ:GPRO) may be ready to break. The price action has remained under its daily 50-day exponential moving average for some time, however, there are many positive divergences, which suggest a possible price reversal at these price levels. A break above $12.88 on a close basis would be bullish. Let's keep an eye on it.

( click to enlarge )

United States Steel Corporation (NYSE:X) keeps holding the major support nicely (rising 13EMA). Shares may be in a consolidation phase following a nice trend. Keep an eye for a possible breakout over $17.04.

( click to enlarge )

Sierra Wireless, Inc. (NASDAQ:SWIR) after nearly two months of consolidation in the 13-14.7 area, broke out Friday. This move confirms a potential trend reversal and the start of new momentum imho, which could move the stock towards the $15.20 area short-term.

( click to enlarge )

New Gold Inc.(NYSEMKT:NGD) broke out of a consolidation range, to make new 52-week highs. The stock hit a high of $4.19, which is resistance for Monday’s move. I still feel there is more upside in this stock and will watch it again next week. Keep a close eye on the stock for the follow through move.

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: ABX, AUY, GOGO, GPRO, NGD, SWIR, X

14:47 | Permalink |

Stocks to Watch for April 08, 2016

( click to enlarge )

I alerted Relypsa Inc (NASDAQ:RLYP) to everyone last week and yesterday when it was priced at $14. Today the stock exploded from a low of $13.99 to a high of 25.60 for a Massive Intraday move of 70% and traded a record-breaking volume of 21 Million shares. Congratulations to everyone who was able to take part in this profitable alert.

( click to enlarge )

Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) perfect follow through day. Today’s high was $6.13, which is now the key resistance for the follow through move on Friday. If the stock does break this resistance,expect to see another strong upside move. Looking at the daily technical chart there looks to be more room in this move, so watch the stock closely over the next few days.

( click to enlarge )

The daily chart of Gogo Inc (NASDAQ:GOGO) caught my eye today. On the above chart, we can quickly see that the stock is forming a descending channel waiting to be broken. A breakout from the upper trend line of the pattern (11.2 levels) can trigger a sharp upside move towards 12.

( click to enlarge )

Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) seems to have broken above the four-month resistance of $6.76 on relatively higher volume. The next resistance that it should try to respect is at 7.20. Looking at the technical indicators, we have the MACD above Zero Line and RSI Above 50, indicating the stock is in a “bullish” trend. Watch for continuation tomorrow.

( click to enlarge )

Deutsche Bank AG (NYSE:DB) sold off hard on Thursday again, as the market took a big hit. The stock is now in a clear bearish phase and I have to say that the recent downtrend does not appear be complete. Reasonable expectations suggest to me, that we might see stock drops to near $12 level if this uncertainty in the markets persist for some time.

( click to enlarge )

Rambus Inc. (NASDAQ:RMBS) "The trend is your friend until it ends" so lets see if it holds this trend line that has acted well over the past sessions. The bullish trend remains intact for now.

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: ARIA, DB, GOGO, RLYP, RMBS, TTPH

21:43 | Permalink |

Stocks to Watch for December 02, 2015

( click to enlarge )

VMware, Inc. (NYSE:VMW) Nice Bullish candle Tuesday on above average volume. It has a gap and 50EMA declining resistance above. At this point and given the current stock levels, it is very important for it to break 63 level very soon. Long setup on watch.

( click to enlarge )

Clovis Oncology Inc (NASDAQ:CLVS) Will Continue to watch this stock. There are several indications I see which suggest a bottom, including large positive divergences on MACD, RSI and A/D. Should breakout hard to upside when it crosses over $35 (GAP). The Dec $30 & $35 call options have been active. Im long and strong.

( click to enlarge )

I'm keeping Gogo Inc (NASDAQ:GOGO) on the list for a possible move tomorrow. The stock has been strong, which leads me to believe that there is a buyer and we could see another strong up move soon. The stock is setting up to break out and has one more level to go, which is $18.49. Daily technical indicators are in bullish zones.

( click to enlarge )

Can Fite Biopharma Ltd (NYSEMKT:CANF) Volume starts to pick up again. Could make a huge move to the upside. Keep it on your watch list. A break of $3.89 with force might give stock room to $5

( click to enlarge )

Extremely bullish moves on Valeant Pharmaceuticals Intl Inc (NYSE:VRX) are taking place over the last session’s. Today, the stock jumped 9.80% with good volume closing near the $100 mark. The daily technical indicators are looking bullish. This momentum could push this stock much higher from here, so keep it on the radar.

( click to enlarge )

Lion Biotechnologies Inc (NASDAQ:LBIO) closed the day just above the break out point after some decent swings. It may attempt to go higher from here. The stock will face short-term resistance at 7.46. Once this level is crossed with good volumes, the stock can go to 7.91 then 8.40

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: CANF, CLVS, GOGO, LBIO, VMW, VRX

21:57 | Permalink |

Stocks to keep an eye on August 20, 2015

( click to enlarge )

MEI Pharma Inc (NASDAQ:MEIP) The downtrend line resistance has been broken on the daily technical chart. The price can move up to $2.40/44 in the short-term. Indicators are strong and the MACD recently produced a new buy signal. Should breakout hard to upside when it crosses over $2.44 (GAP). Long setup.

( click to enlarge )

Gogo Inc (NASDAQ:GOGO) looks poised to break out of a falling wedge pattern and MACD is about to climb above the signal line. If it clears resistance the move may be powerful.

( click to enlarge )

FireEye Inc (NASDAQ:FEYE) has been in a major corrective phase in the recent weeks. The downtrend that commenced in late June appears to have been completed at the latest low of $41.77. The MACD on the daily chart is starting to give a new buy signal and the share price could move to the short-term target of $45.20-$45.84. This view would be valid as long as the stock holds above $41. Place a stop-loss at this level for long positions.

( click to enlarge )

BlackBerry Ltd (NASDAQ:BBRY) From a technical standpoint, there are some signs of a possible bounce due to the positive divergences of MACD and CMF which often leads to short covering. Let’s see whether the stock can gather enough momentum to break and close above the 20EMA now located at 7.68.

( click to enlarge )

FreeSeas Inc (NASDAQ:FREE) Looks about ready to run here. Technicals are improving. The price movement in the last couple of days indicates that the stock has formed a short-term bottom around 50c level. The stock needs to break Tuesday’s high of 56c to expect a strong rally at this point.

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, FEYE, FREE, GOGO, MEIP

22:48 | Permalink |

Stocks to keep an eye on June 26, 2015

( click to enlarge )

Rocket Fuel Inc (NASDAQ:FUEL) The stock made an awesome move breaking out of a major resistance line (50EMA) with volume backed confirmation. I went long as its quite possible we should see a short term move near $10.5/share. The technical chart shows bullish sign with +DI line on top of -DI line and MACD rising. There could be good upside in FUEL so watch the stock closely on Friday.

( click to enlarge )

Gogo Inc (NASDAQ:GOGO) broke through resistance at $23.10 accompanied with high volume. We should be able to see some decent upside movement for the bulls here. Next resistance lies at $25

( click to enlarge )

Groupon Inc (NASDAQ:GRPN) is already at extremely oversold conditions with daily RSI (9) at 23. The MACD indicator has stabilized and volatility is dropping. On watch for a potential bounce.

( click to enlarge )

ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) has recovered nicely and can potentially set-up very well for a swing-trade if the stock breaks through the next resistance level at $12.59. Let's keep an eye on it.

( click to enlarge )

Gevo, Inc. (NASDAQ:GEVO) Volume starts to pick up again (mainly in the final hour of trading). Could make a huge move to the upside. Keep it on your watch list. A break of $4 with force might give stock room to $4.36.

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: FUEL, GEVO, GOGO, GRPN, ZIOP

23:03 | Permalink |

Stocks to keep an eye on April 20, 2015

( click to enlarge )

Gogo Inc (NASDAQ:GOGO) made a new 52 week high last week spiking up to 22.05 and surpassing the previous high set in March. The stock has had a very strong move from the mid-January low and remains in a strong uptrend on the daily charts. Yesterday's drop on low volume should not be interpreted as the start of a sell-off. Might form a cup and handle pattern here. MACD and A/D both signal positive strength and accumulation. The stock is trading above all major EMAs, also a bullish sign.

( click to enlarge )

Oncolytics Biotech, Inc. (NASDAQ:ONCY) The stock Friday surged 10% or 7 cents to 76c per share on high volume as the company announced that the U.S. FDA has granted an Orphan Drug Designation for its lead product candidate, REOLYSIN, for the treatment of malignant glioma. From a technical standpoint, the stock seems to have broken a falling wedge pattern, which often precedes reversals. In addition, technical indicator MACD is on the cusp of a bullish crossover showing the stock is heading towards a bull market. The 14-day RSI is also back above 50. Yesterday's good news should push stock prices back up. Im long with an initial target of 93c then 1.10.

( click to enlarge )

Sonus Networks, Inc. (NASDAQ:SONS) has seen a massive drop in share price and I’m starting to see more evidences on charts, supporting the idea that a bounce here is becoming likely. With the daily momentum indicators showing positive divergences I think a push to $8.90 or better could be in the making. Be patient.

( click to enlarge )

Rosetta Genomics Ltd. (NASDAQ:ROSG) Price targets are rising again and the stock got two upgrades last week, from Zacks ($13) and Cantor ($5.50), both buy ratings and estimates are on the rise. I expect more in the coming weeks. The stock closed the week above the pivot at $3.84. Further strength cannot be ruled out now.

( click to enlarge )

Second Sight Medical Products Inc (NASDAQ:EYES) The potential for this company/stock is enormous IMHO. From my point of view, their revolutionary products could create meaningful shareholder value in the next months. The company has a dominant patent portfolio with nearly 300 granted patents and over 150 pending patent applications and has no direct competitors in its niche. From a technical standpoint, the bulls remain in control with price trading above all key EMA's while MACD still in a buy setup. Im long.

( click to enlarge )

ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) The stock resumed a fresh up move after basing for two weeks and seems poised for a breakout above the 12.20 level. The recent high volume activity along with positive crossover of MACD on the daily charts suggest fresh buying interest in the stock. This will be a stock to watch next week.

( click to enlarge )

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) The stock has been trading sideways for the last few weeks and is showing signs of bullishness. The MACD had a positive crossover last week and the RSI remains in buy mode that supports the positive momentum in the stock. Buy signal: When stock breaks $4.79 on volume.

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, EYES, GOGO, ONCY, ROSG, SONS, ZIOP

13:14 | Permalink |

Stocks to Watch for September 22, 2014

Hello Traders,

I would like to remind everyone that next week Markefly will release its 2nd Annual Traders Education Week and it’s only 3 days away. The event is featuring 4 of Marketfy’s top traders. Each will share the strategies they use to profit in any market condition.

The event will include:

4 hours of free stock market education
Insight into strategies proven to generate returns
Stock & options trading strategies from Marketfy’s top traders

On top of that, you will get free special reports, guides and eBooks throughout the week to go along with hours of top of the line presentations. If you want to participate Click HERE to secure your spot in next week’s events. Enjoy 100% FREE education. They are good traders.

( click to enlarge )

Garmin Ltd. (NASDAQ:GRMN) closed the last session of the week on a negative note, slipping 1.81 percent to 52.10 on higher volume. The stock also closed the week below its 200-day exp moving average which indicates that it is likely to retest the 50 level again. The technical chart above shows weakness as signaled by the moves of trend and momentum indicators. Price is now below all the EMAs and daily chart suggests more bearish bias. A clear break and daily close below 51.15 - 51 could trigger further bearish pressure testing 48 area.

( click to enlarge )

Rambus Inc. (NASDAQ:RMBS) failed to continue its bullish momentum on Friday, after unable to make a clear break above the 13.31 area. However, the bias remains bullish in nearest term especially if the stock is able to stay consistently above the 12.4-12.50 region. Aggressive traders can go long around 12.67 with a tight stop loss of 12.26 for a target of 13.50. Key technical indicators suggest continuation of the up ward momentum.

( click to enlarge )

InterDigital, Inc. (NASDAQ:IDCC) is breaking down on daily with increasing volume. This technical chart shows clear weakness. The moves of trend and momentum indicators on daily charts point to more down side for the stock. I believe it will fill this gap quickly.

( click to enlarge )

Twitter Inc (NYSE:TWTR) attempted to push lower on Friday but was unable to move below immediate support of 50. The overall bullish bias remains intact testing 53.64 however with some cautious due to the negative MACD divergence, signaling a slowing momentum. Immediate support is seen around 51.25 (9EMA) followed by 49.87 (20EMA).

( click to enlarge )

Chuy's Holdings Inc (NASDAQ:CHUY) is flagging here. Could pop nicely over 31.73

( click to enlarge )

Facebook Inc (NASDAQ:FB) also looks great. The stock has been on a nice uptrend recently and could be ready to breakout after strong volume in the last trading session.

( click to enlarge )

Gogo Inc (NASDAQ:GOGO) tried to break out last week but failed. At this point the stock remains bullish as price is above all EMAs and MACD is rising above 0. $20 is the pivot level to watch next week. Wait for the break to enter long.

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: CHUY, FB, GOGO, GRMN, IDCC, RMBS, TWTR

10:30 | Permalink |

AC Investor Blog

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

Wednesday, April 13, 2016

Stocks to Watch for April 14, 2016

Saturday, April 09, 2016

7 Setups to Watch Next Week

Thursday, April 07, 2016

Stocks to Watch for April 08, 2016

Tuesday, December 01, 2015

Stocks to Watch for December 02, 2015

Wednesday, August 19, 2015

Stocks to keep an eye on August 20, 2015

Thursday, June 25, 2015

Stocks to keep an eye on June 26, 2015

Saturday, April 18, 2015

Stocks to keep an eye on April 20, 2015

Saturday, September 20, 2014

Stocks to Watch for September 22, 2014

About Me

FREE NEWSLETTER

Support AC

Follow me

Advertising

PREVIOUS POSTS

TRANSLATOR

Site Information

Stock Market Blogroll

Friends BLOGROLL

ARCHIVES