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Saturday, September 20, 2014

Stocks to Watch for September 22, 2014

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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.

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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.

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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.

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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).

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

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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.

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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 |

Tuesday, February 21, 2012

Stock trading ideas for Wednesday February 22

( click to enlarge )

Dendreon Corporation (NASDAQ:DNDN) seems to be on its way to recovery from the recent drop. The stock price has been falling on low volume for about 2 weeks now. I know I thought that $15 was a great buying opportunity, but I still think it is time to buy. A quick look at the daily chart of DNDN shows us that:

- The stock price has been making higher lows since January.
- The volume of transactions has been increasing substantially over the last 2 months.

- The 50 daily moving average is turning up for the first time since July 2010
- DNDN saw its short interest decrease by seven percent to 32,321,800 from 34,768,300.

- My expectation is for DNDN to rise back up to 15.21-16$ and then break out above 17.05

- This scenario would be cancelled if the price falls below 12

There is a resistance level that needs to be crossed to give rise to the next leg up. The buy trigger is at $14.66. If we can cross this level next week, the stock should continue its move up. Stay tuned !!

( click to enlarge )

MGIC Investment Corp (NYSE:MTG) had another very productive day as we saw gains of over 5% and I believe it has more room to run. The short-term outlook remains positive for the stock. The stock finds an immediate resistance at 5.41 and support at 4.67 followed by 4.5

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Garmin Ltd.(NASDAQ:GRMN) made a 52-week high but gave back some gains. If it can close above $45.62, then expect more upside. The technical chart shows GRMN is on a strong bull market as the stock is trading above 50 day and 200 day moving with both moving average pointing upwards. I think the stock should continue to go up.

( click to enlarge )

Sequenom, Inc (NASDAQ:SQNM) - The insider seems to be bullish about the company with numerous purchases from directors and officers. The most recent purchase was around end of last year with about 100.000 shares. As long as the support holds at $4.35, I don’t think its a problem to include this stock in your short to medium term portfolio.

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Mitcham Industries, Inc. (NASDAQ:MIND) closed at $24.61 on Tuesday, up $1.87 for the day. The stock made a strong upside reversal. The technical chart above suggests that stock might find now resistance at $24.86. Only a close above this level would suggest further upside. Remain invested with a stop loss at $22.51.

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.

Thanks for visiting AC Investor Blog.

Labels: DNDN, GRMN, MIND, MTG, SQNM

23:07 | Permalink |

Saturday, June 14, 2008

Stock Picks and Trade Ideas for Next week - GOOG, GRMN, YHOO, BIDU

Chart courtesy of stockcharts ( click to enlarge )

BIDU - the stock is sitting right on its 200 day moving average at $312.The technicals, although basic, point to a move higher in the coming days. More encouraging news is that we are issuing buy alert on the stock as KD shows rally's coming as K line has just rose above D line. On the other hand, if BIDU breaks down below $310 on high volume, then stock should see additional weakness possibly back to $300 level. But dont be fooled by a light volume pullback below $310. If there is no conviction in the move lower then it is most likely a false move and probably be tempory. Volume is key at this juncture. Let's keep an eye on it.

Chart courtesy of stockcharts ( click to enlarge )

YHOO - What a week !!!! I was watching this stock all day, and once it broke through $23, I bought the stock again. Looks like something BIG is going on, I think. No matter what they are saying, Microsoft needs Yahoo much more than Yahoo needs Microsoft to compete in today's search engine and social networking economy. In my honest opinion, the stock is always a good buy in the 22-24 range.

Chart courtesy of stockcharts ( click to enlarge )

GRMN - The stock broke support as the market rose on Friday. The long term trend is still weak as the stock has been trading below 50 day and 200 day MA with both now going downward showing bearish signal. It is better to stay at the sideline and see how the stock react for the next few days in this support level.

Chart courtesy of stockcharts ( click to enlarge )

GOOG - On a short –term basis, the stock is fighting with the MA200 at $574, I expect a breakout at any moment, hold. In addition KD show buy signal as K line has just rose above D line.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a nice weekend !!!

AC

Labels: BIDU, GOOG, GRMN, YHOO

00:11 | Permalink |

Tuesday, June 03, 2008

Hot stocks for Wednesday - AKS, ZEUS, GRMN, ESLR

Chart courtesy of stockcharts ( click to enlarge )

ESLR - Evergreen Solar is a unique solar panel company, and one of my favorite in this sector. It has found a production process, called String Ribbon manufacturing, that not only makes a more efficient solar panel, but also make it cheaper for them to produce. Evergreen Solar produces wafers, cells, and panels. On May 22nd the company signed a massive contract of $1 billion. I think that investors are underestimating the potential of this company. This company it seems cheap at this level based on fundamental and the future prospects, it could be one of the best bets for the next months. It is only an honest opinion. Technically, the stock may be ready to turn back up here. The share price is declining and the volume is declining this could be signaling the bottom of trough - a bullish signal. Plus, the technical chart shows a falling wedge formation which is usually a counter trend corrective move in a bull market. Evergreen looks very much like an oversold company that has seen its bottom and is awaiting confirmation before breaking out to higher prices. Let's keep an eye on her.

Below are the latest positives notes about the stock :

June 2 : Lehman Brothers - “The firm recommends being selective and notes companies with high exposure to Spain are CSIQ, STP, SOLF, & YGE. Companies with low exposure are ESLR and ENER “

May 30 : Cowen And Company - "The firm expects a rally in the second half of 2008 for solar stocks once revised subsidies plans are finalized in Germany and Spain. ESLR in the list ".

May 30, 2008 : Kaufman Brothers Reiterates Buy - "Expect both companies (ESLR & SPWR )to respond positively to the news (german). The firm maintained their Buy rating on stock".

Chart courtesy of stockcharts ( click to enlarge )

GRMN help up well during the recent market correction and is now on the verge of the major resistance at $52.87. Next buy point is when the stock makes a move above the resistance at $52.87 on a close basis.

Chart courtesy of stockcharts ( click to enlarge )

ZEUS - The trend is clearly up, but getting overbought as RSI crosses 70 for the fifth time in the last few weeks. As long as RSI holds, momentum is with the bulls. A move below $60 would open the door to a correction that could see GLD pull back to $55. Stay tuned !!

Chart courtesy of stockcharts ( click to enlarge )

The stock is showing strength with a high volume surge over the past days. AKS is challenging resistance around 73 and looks poised to breakout. Let's keep an eye on it.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a great day !!!

AC

Labels: AKS, ESLR, GRMN, ZEUS

21:12 | Permalink |

Thursday, January 10, 2008

Stocks to watch on Friday - GRMN, LDK, AU

Chart courtesy of stockcharts

AU - The stock broke out on above average volume surge. RSI still showing strength but is now near to hit overbought conditions, however this does not mean that the stock can not continue its upward movement. With today's breakout we may probably see more buyers coming.

Chart courtesy of stockcharts

LDK - Currently the stock is finding some resistance to break above $45. On the chart above , MACD shows weak sign as it is still below 0, but RSI is now neutral. One of the positive sign is KD which shows the stock may be on a bounce back rally, because K line is on top over D line.

Chart courtesy of stockcharts

GRMN - Looking at the daily chart, it shows weak sign as the stock is below both 50 day and 200 day moving average with MACD well below 0. However, according to the chart, KD shows possible rally as K line is on top over D line. Wait for a breakout above the resistance line at $80 to enter long again.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a nice evening !!!

AC

Labels: AU, GRMN, LDK

21:14 | Permalink |

Monday, October 22, 2007

Trade Ideas for Tuesday - RIMM , GRMN , NLY

Chart courtesy of stockcharts

Shares of Garmin were up today more than 4% to $115.18 after Pacific Crest upgrade stock to Outperform from Sector Perform. The daily chart shows the investors saw buying opportunity as the stock dropped near 20 day moving averagel. Technical indicators such as KD and MACD also show buy signal as K line has just crossed on top over D line again and MACD is on top of 0. The long term trend is positive as the stock is trading upwards along with both 50 day and 200 day moving averages. Stock has now a resistance at $116.87 and support at $110. Keep an eye on GRMN for a possible breakout over $116.87.

Chart courtesy of stockcharts

The chart suggests a strong confidence in Research in Motion, however there are possible two scenarios in the near term : 1º Possible breakdown of the trend line mentioned in the chart at $108 º Possible breakout over $118.80 to all time highs . KD is showing weakness as K line has dropped below D line which is why the stock has pulled back recently. Nevertheless the long term trend shows the stock is in bull market . So, keep an eye on RIMM.

Chart courtesy of stockcharts

NLY may be ready to breakout !!
Looking at the chart above stock has had a nice run over the past two months and may be ready now for a possible breakout over $16.65. I'll be Bullish in this stock if breakout this area.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a nice evening !!!

AC

Labels: GRMN, NLY, RIMM

20:17 | Permalink |

Saturday, October 13, 2007

Can Google reach $1000 ? Share your opinion !!

Chart courtesy of stockcharts

Hey guys, what do you think about the topic of my post ? Can Google reach $1000 in the months to come? Or it's only a dream? Well, after so many price targets given by many investments houses over this week to Google, with some of them above $700, this make me think that now it's the right time to put this question under the table. $1000 it’s a reality soon, or only a dream? Can Google surpass $300 Billion market capitalization? Please give me your tips to share with all or if you want send an email and I’ll have the pleasure to put it here if you want of course !!!

Chart courtesy of stockcharts

JNPR is presently trading in a consolidation phase following a nice trend. Stock have found recently support in its 20 dma, but looks like it will move up again. Keep an eye for a possible breakout over $38.

Chart courtesy of stockcharts

GRMN should fill the Gap up in the next sessions. So, keep an eye on GRMN.

Chart courtesy of stockcharts

As I had mentioned yesterday YHOO shares have found a support under its 200 dma and today stock confirmed my point of view. After Friday session it seems to me that stock maybe ponting to move up again breaking this importnat resistant at $28.50, I suppose based on the last candle of the chart !! Remember YHOO will report its earnings on Tuesday, so Monday keep an eye on YHOO !!!!

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All, have a nice weekend !!!

AC

Labels: GOOG, GRMN, JNPR, YHOO

00:24 | Permalink |

Sunday, September 30, 2007

Trade Ideas for next week - Mastercard, GRMN, NNN, CROX and Google

Chart courtesy of stockcharts

GOOG setup nicely this week making a new 52 week high at $571.79, however at this level looks like it could go either way here depending on the markets mood, but with High Overbought conditions and some resistances to test previous high, we should see a pull back to support. Let's see which will be the next markets move. Overall GOOG still in long term uptrend.

Chart courtesy of stockcharts

Crocs stock has broken out to all time highs on Friday again. Looking at the chart above the stock is still in a very strong bull market with MACD on top of signal line and 50 day moving average on top of 200 day moving average.

Chart courtesy of stockcharts

National Retail Properties may be in a consolidation phase following a nice trend. Looks like it will move up again. Keep an eye for a possible breakout over $24.55.

Chart courtesy of stockcharts

GRMN - It has come down from a a new 52 week high at $122.78 on Friday, closing down more than 1%, so you should be careful buying here because we should correct a little bit, however stock still trading in a strong a Bull Market. Keep an eye on it.

Chart courtesy of stockcharts

Mastercard may be ready to breakout the donwtrend line !!
Looking at the chart stock has had a nice run over the past four weeks. I'll be Bullish in this stock if breakout $152, so keep an eye on MA.

Labels: CROX, Google, GRMN, Mastercard, NNN

10:57 | Permalink |

Wednesday, September 12, 2007

Trade Ideas for Wednesday - GRMN , ARNA , SIRI , NOK

Chart courtesy of stockcharts

NOKIA - Looking at the daily chart the Bullish picture persists for now, overbought condtions, MACD Bullish, K line on top of D line, 50 dma and 200 dma going up. However according to the latest candle showed in the chart we may see some profit taking tomorrow, but I think only tomorrow, because this stock is really showing a strong investor confidence.

Chart courtesy of stockcharts

GRMN may be ready to breakout !!
Looking at the chart stock has had a nice run over the past few months and again stoped at the major resistance $108. I'll be Bullish in this stock if breakout this area.

Chart courtesy of stockcharts

ARNA have found support in its 20 dma after failed breakout. Bearish MACD crossover, so looks likle it will test its 200 dma support.

Chart courtesy of stockcharts

Shares of Sirius Satelite closed up nearly 5% to $3.31 breaking out major resistance of $3.28, and for the first time since the begin of the year above its 200 dma. I'm now Bullish on Sirius, resistance above is now at $3.56 and first support at $3.28.

Labels: ARNA, GRMN, Nokia, SIRI

02:33 | Permalink |

Friday, September 07, 2007

Top picks for Friday - CROX,AMZN,GRMN,ISIS

Chart courtesy of stockcharts

GRMN - Stock made a new 52 week high at $108.78 during regular today session. Bullish MACD crossover in progress " Long Recommendation". This past week's rally over the yearly high should lead to more upside, it's just my opinion.

Chart courtesy of stockcharts

AMZN has already doubled in only a few months, yet could be close to another strong move. Indicators are extremely Bullish with both moving averages also going up, stock still in a strong Bull Market. Keep an eye for a possible breakout over $89.

Chart courtesy of stockcharts

ISIS setup nicely a two week ago, and is looking like it will again, so keep an eye for a possible breakout over $13.

Chart courtesy of stockcharts

CROX has been pulling back from recent 52 week highs, but in very shy way, so keep an eye on stock for a potential breakout over $62.

That's All. Have a great evening !!!

AC

Labels: AMZN, CROX, GRMN, ISIS

02:58 | Permalink |

Wednesday, August 22, 2007

Top picks for Wednesday - Garmin, NUAN and REGN

Chart courtesy of stockcharts

GRMN - Garmin shares are still moving in a strong Upside momentum. Stock rose nearly 5% , closing at $102.50, just a few dollars of the historic highs $105.75. The stock is current on a strong bull market with MACD above 0 and both 50 day and 200 day moving average moving up. Technically speaking and based on the indications of chart above, Garmin shares should continue to move up for long term. Don’t be surprised if the stock hits new highs tomorrow.

Chart courtesy of stockcharts

NUAN - Another breakout stock !!! Nuance Communicatoins shares have broken $19 today, the major resistance in stock. The technical chart above show that the stock is now in a rally after breakout today a key resistance level of $19. Overall technical picture show stock still in Bull market trading above 50 day and 200 day moving average.

Chart courtesy of stockcharts

REGN - Keep an eye on REGN for a possible breakout over $19.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical example.

That's All. Have a great evening !!!

AC

Labels: GRMN, NUAN, REGN

01:48 | Permalink |

Saturday, August 18, 2007

Trade Ideas for Monday - Garmin, Network Appliance, Gateway

Chart courtesy of stockcharts

GRMN - Chart looks Bullish in long term even after recent losses, the uptrend continue intact, however there are some cautions that you should be aware, for example a possible breakdown of the trend at $87. Stock have found support at 20 daily moving average.

Chart courtesy of stockcharts

NTAP - Bullish MACD crossover today and should support higher prices on stock in short term, it seems that it will fill the gap soon. Stock may found resistance at the top of the Gap at $28.50.

Chart courtesy of stockcharts

Gateway is another stock with similar picture regarding MACD Indicator. A bullish signal was now created due to the fact MACD moves from negative to positive, so the chart suggest a continuation of this new trend.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's all. Enjoy your Weekend !!!

AC

Labels: GRMN, GTW, NTAP

21:25 | Permalink |

Monday, August 06, 2007

Top picks for today - First Solar, TBSI , Garmin, RMBS

Chart courtesy of stockcharts

RAMBS with a ugly chart, and looks like it will test 2006 lows at $10.25. Let's see...

Chart courtesy of stockcharts

Tremendous Bullish chart !! TBSI has had a phenomenal run over the last 3 months and it looks ready to break out here, so keep an eye on it Monday.

Chart courtesy of stockcharts

FSLR successfully filled the upside gap produced on July 9. Selling pressure decreased and stock found support on previous resistance, a good sign for Bulls. Stock may get a bounce here !!!

Chart courtesy of stockcharts

GRMN stock has broken out to all time highs, confirming my previous analyse, reaching today $100, a historic level for stock and company. Buying pressure still strong as show the indicators, however be aware of overbought conditions.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical example.

That's All. Have a great trading day !!!

AC

Labels: FSLR, GRMN, RMBS, TBSI

10:18 | Permalink |

AC Investor Blog

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

Saturday, September 20, 2014

Stocks to Watch for September 22, 2014

Tuesday, February 21, 2012

Stock trading ideas for Wednesday February 22

Saturday, June 14, 2008

Stock Picks and Trade Ideas for Next week - GOOG, GRMN, YHOO, BIDU

Tuesday, June 03, 2008

Hot stocks for Wednesday - AKS, ZEUS, GRMN, ESLR

Thursday, January 10, 2008

Stocks to watch on Friday - GRMN, LDK, AU

Monday, October 22, 2007

Trade Ideas for Tuesday - RIMM , GRMN , NLY

Saturday, October 13, 2007

Can Google reach $1000 ? Share your opinion !!

Sunday, September 30, 2007

Trade Ideas for next week - Mastercard, GRMN, NNN, CROX and Google

Wednesday, September 12, 2007

Trade Ideas for Wednesday - GRMN , ARNA , SIRI , NOK

Friday, September 07, 2007

Top picks for Friday - CROX,AMZN,GRMN,ISIS

Wednesday, August 22, 2007

Top picks for Wednesday - Garmin, NUAN and REGN

Saturday, August 18, 2007

Trade Ideas for Monday - Garmin, Network Appliance, Gateway

Monday, August 06, 2007

Top picks for today - First Solar, TBSI , Garmin, RMBS

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