AC Investor Blog

My Watchlist for Tuesday, March 07

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Aurinia Pharmaceuticals Inc (NASDAQ:AUPH) Monday's close confirms a trend change from neutral to Bullish in short-term. Let’s see whether the stock can gather enough momentum to break through $6

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Cartesian Inc (NASDAQ:CRTN) broke out today and traded nearly 4x normal daily volume. The stock has the potential to make a big run on Tuesday, so keep a close eye on CRTN and don’t miss the trade. In addition, A/D and MACD also show very bullish signs. Next res 1.57. Could be a high flyer on breakout.

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Groupon Inc (NASDAQ:GRPN) bounced nicely from its rising EMA50 currently at 3.95. Get ready for a move.

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Bellerophon Therapeutics Inc (NASDAQ:BLPH) showed strength all day and broke out of a small consolidaton pattern. Go long on the break of Monday’s high at 1.80

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Skyline Medical Inc (NASDAQ:SKLN) looks to have bottomed technically. The MACD is rising above its signal line, while RSI is also gaining strength. I do not see any resistance on the chart until $3. Still long.

By the way, i wont be here all day tomorrow because it's my Birthday

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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: AUPH, BLPH, CRTN, GRPN, SKLN

22:04 | Permalink |

Stocks to Watch for February 29, 2016

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AK Steel Holding Corporation (NYSE:AKS) Technically, the stock is in clear short-term bull market and showing signs of wanting to move higher, probably to test or break the next resistance at 3.03 (200EMA) and eventually to the 3.19-3.25 level. All four major EMAs have started moving up, with the 20-day EMA above the 50-day EMA for the first time in more than 10 months. Friday’s intraday high of 2.87 was also the highest level the stock has touched in more than three months. The daily technical indicators are pointing to a continuation of the rally.

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Celldex Therapeutics, Inc. (NASDAQ:CLDX) For the past few weeks, the stock price has been consolidating within a rectangular band between 6.25 and 7.89. There is a good possibility of the stock price trying to form a bottom here. With the daily momentum indicators on the above chart showing positive divergences I think a push to $9.60 or better could be in the making. Friday's high volume could be a signal for trend change and the beginning of a potential major move higher.

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BlackBerry Ltd (NASDAQ:BBRY) share price has finally crossed and closed above the declining 50-day EMA, which is very positive. The positive momentum may continue towards next hurdle of 7.90 and 8.15 zones. If stock fails to hold above the 7.30 level then the positive momentum may fizzle out and stock may tumble down towards next support at $7. However, the daily technical indicators are turning bullish. The RSI has just crossed above its 50% level and MACD is about to cross above the center line. Thus, I expect to see further upside.

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Kinder Morgan Inc (NYSE:KMI) is in a rectangular pattern that could accelerate to the upside if it breaks above 18.14. I will look for a breakout from the upper line of the pattern to trigger a long signal, with a stop at 16.73. The daily technical indicators are showing some bullish signs.

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Plug Power Inc (NASDAQ:PLUG) watch for trend continuation toward 2.22 zone short-term. The breakout of the bullish pennant formation that the stock has been in for the past two weeks was a positive sign, and I expect continuation of the trend in the coming days.

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Groupon Inc (NASDAQ:GRPN) on Friday broke out of a small bullish flag pattern, resuming its up trend by closing above the previous peak. A break above 4.68 could accelerate the stock with the next target at $5 area. Initial stop-loss at 4.05 (200EMA).

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Apple Inc. (NASDAQ:AAPL) For the past two months the stock has been forming a descending triangle formation, meaning the bears are slowly gaining the upper hand over the bulls. However, investors are now pressuring on the upper line of the triangle again and if we close above this resistance line next week, the trend can dramatically change. The bias is still neutral to bearish near term, a clear break is needed from the triangle to see a clear direction. I like the positive divergences in both the Daily Macd and Rsi indicators.

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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: AAPL, AKS, BBRY, CLDX, GRPN, KMI, PLUG

17:55 | Permalink |

Stock chart setups for the week ahead

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Shares of Groupon Inc (NASDAQ:GRPN) soared 29% or 65 cents to 2.89 per share after reported fiscal 4Q15 results that shattered analyst forecasts, along with a favorable full year 2016 guidance. Friday's close was notable as the stock broke the downtrend line that has been in place since the early November. Plus, it also closed above the recent highs of 2.87. From the daily technical chart the long term trend is still weak as the stock is still below 200-day exponential moving average with the moving average keeps falling. However, it may be in a rally for the short-term as %K line has crossed on top over %D line, while the daily MACD indicator is on top over the signal line showing strength for the short-term. If momentum continues as I expect next week, the stock could break the psychological level of $3 and move higher. Note: According to a regulatory filing on Friday, Alibaba Group Holding Ltd. is now the 3rd largest Groupon shareholder with 33 million shares.

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Twitter Inc (NYSE:TWTR) is catching the attention of market players again after the earnings report. The stock had a strong session yesterday taking out the 9-day EMA on expanding volume and it seems to have broken a small falling wedge pattern. With the RSI rising off an oversold position and with MACD crossing over the signal line, the stock looks prime for a continuation of Friday's rally. An initial resistance can be found at 16.71. (20EMA).

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Celldex Therapeutics, Inc. (NASDAQ:CLDX) was on my bottom scan at $6.50 and hit a high of $7.33 Friday. A good example of why bottom plays can be very lucrative if you buy in at the right time. The short-term technical structure suggests continued bullish momentum. My initial target is under $7.80 and a stop-loss should be considered at $6.96.

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NantKwest, Inc. (NK) As can be seen the houly chart has been forming a bottom pattern with some smart money involvement over the past couple of days (Positive MACD divergence + OBV). Honestly and based on the hourly chart above I think NK will have a relief rally from current levels after a dramatic fall. As you can see it has held its current range, meaning we could be seeing at least a temporary bottom. This is a low volume stock so the price is likely to go up pretty fast. The stock surged in the final hour of trading on high volume, which could be another bullish factor for the week ahead.

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Rambus Inc. (NASDAQ:RMBS) As long as the stock holds above the $11.53 support level on a close basis, the intermediate-term picture should remain positive. Looking at the technical daily chart above, although the moving average still shows weakness as 50-day EMA is below 200-day EMA, positive momentum seems to be back as the stock is back above its major short-term EMAs. My bias remains neutral to bullish over the short to intermediate term.

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BlackBerry Ltd (NASDAQ:BBRY) Later in the afternoon of Friday, the company announced that signed two patent licensing agreements with Canon and IGT, which seems to be very good news. From a technical standpoint, the price is testing its support and is forming a potential double bottom reversal pattern, confirmed by the positive MACD divergence. It failed to make a lower low. On the upside, the immediate resistance is at 6.82 (declining 9EMA), followed by 7.14.

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VirnetX Holding Corporation (NYSEMKT:VHC) rose 3.52%to $7.05 on Friday, closing at its session highs after spiking in the last hour. VHC is starting to gain interest again and could see a rapid ascent as the accumulation chart shows a trend reversal to the upside. Momentum indicators remain in overbought territory but are not yet giving any selling signals. Only a break above the 7.60 resistance area could take the price higher and negate the short-term bearish view. I will watch the stock closely on Tuesday.

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: BABA, BBRY, CLDX, GRPN, NK, RMBS, TWTR, VHC

11:20 | Permalink |

Stocks to Watch for November 18, 2015

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I have been following Groupon Inc (NASDAQ:GRPN) for a few days now and surprisingly the stock showed some strength today. A break of $2.81 (9EMA) with force might give room to $3

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) The Nov $14 calls saw some activity, suggesting someone is getting aggressive in the expectation of higher prices. If the stock holds the rising 20-day EMA on a close basis, it should setup for a nice rebound into the 13.75/14 zone. On watch.

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VirnetX Holding Corporation (NYSEMKT:VHC) Possible double bottom forming on daily? The time will tell. However at this point, a bounce off this key area would trigger a bullish entry with the stock price likely to move into the $3.40 level. On watch.

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Micron Technology, Inc. (NASDAQ:MU) appears to be poised for a nice bounce off this bottom. In my view, the stock has formed a bottom in short-term and I expect a move past 15.93 to take the stock towards the target of 16.74 with stop-loss at 14.62. The stock seems to be undervalued at current levels.

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8x8, Inc. (NASDAQ:EGHT) Broke out to a new all-time high today, accompained by a strong volume suggesting higher levels. The stock hit a high of $11.72 which is now resistance for Wednesday’s follow through move.

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Viacom, Inc. (NASDAQ:VIAB) looks to have consolidated and may be getting ready for another leg higher. Long entry is over 52.47

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: EGHT, GRPN, MU, VHC, VIAB, ZIOP

22:18 | Permalink |

Stocks to keep an eye on June 26, 2015

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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.

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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

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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.

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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.

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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 February 17, 2015

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Net Element International Inc (NASDAQ:NETE) had a good move on Friday. The stock broke and closed above the 50-day EMA for the first time since Nov2014 on expanding volume. It was the second heaviest volume this year. The stock could touch an upside target of $1.95/2 in the short term. The technical daily chart shows the stock is now back to uptrend and with MACD crossing to the upside we may see more upside. The ADX is also indicating a strong bullish outlook with +DI on top of -DI. Friday’s high was $1.31, which is resistance for the follow through move on Tuesday. If we see follow-through tomorrow it might run hard. Next major resistance lies at $1.56. Folks, always keep a trailing stop loss to book profits in case to exit any reversal in the trend. Technically speaking, the stock is now painting a short-term Bullish picture.

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USA Technologies, Inc.(NASDAQ:USAT) caught my eye last month when price broke out of a solid looking chart pattern near 1.90/share and have been watching patiently ever since. The stock is currently breaking out of a base formation and the probability is that it will move up sharply in the next sessions. As I said on twitter i bought shares on Friday and I will add more shares on a move above $2.23.

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Shares of Groupon Inc (NASDAQ:GRPN) were on fire Friday after the company released its financial report. At this level, the stock might retest its recent highs located at $8.43. Momentum indicators are slightly bullish now with RSI inching away above the middle level. The strongest sign of a bullish momentum is the MACD indicator which is currently above the 0 line. Watching for $8.43 breakout. This momentum could push this stock much higher from here, so keep the stock on your radar for Tuesday’s trading day. The support level is adjusted to $7.28

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Rambus Inc. (NASDAQ:RMBS) has been on a remarkable run this month and it does not look like the trend will change soon. As you can see on daily chart, last week the stock finally broke the $12 level again, confirming the break of the downtrend (Red line) early this month. The chart looks Bullish, with both 50-day EMA and 100-day EMA turning up and MACD on top of 0. I would like to see more volume in this rally, but keep the stock on watch on Tuesday nonetheless. As long as the stock stays above all major EMAs, the stock is exhibiting strength.

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The hottest stock of the market right now is Genetic Technologies Limited (NASDAQ:GENE), look at this daily chart Wow just amazing. The stock broke out again on Friday, rallying more than 30% on heavy volume, closing the session at 8.04 well below the highs made in early morning trading. I'm a bit concerned after looking at the chart. The stock is making new highs in this new uptrend while the A/D line is forming a negative divergence. If it reverses next week, you should use tight stops on your long position. This could get ugly on a breakdown below $7. In addition, the stock is very overbought on RSI14 (85). I have no positions here.

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The daily MACD generated a buy signal last week, so keep an eye on CytRx Corporation (NASDAQ:CYTR) for a possible breakout over $3.09.

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BlackBerry Ltd (NASDAQ:BBRY) has been basing around its 200EMA in the last trading sessions but indicators are starting to put in positive divergences. The stock made a nice move on volume Friday. I see stock on verge of breaking up out of this compression.

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, CYTR, GENE, GRPN, NETE, RMBS, USAT

15:17 | Permalink |

Top Trade Ideas for Tuesday June 24th

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Liquid Holdings Group Inc (NASDAQ:LIQD) has been showing a surge in interest during the last couple of trading days. The stock price has broken out of its symmetrical triangle to the upside on Monday closing at 1.74. The target projection of this pattern could easily push the stock price towards the next key resistance level of $2.The company has a very small Float (30M shrs) and moves very easily. The technical chart is screaming buy after consistent days of strong accumulation and up-trending. The rsi shows a lot of room to go. I won't be surprised if the stock reachs $2 today. The recent strong accumulation is a very bullish signal. Keep an eye on it.

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Rambus Inc. (NASDAQ:RMBS) Still loving this company & setup, however the stock needs to work out the overbought condition caused by the recent rally. Buy point would be on the day it blows through $14.82 on heavy volume.

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VirnetX Holding Corporation (NYSEMKT:VHC) has a very interesting technical daily chart and could have a bigger move soon. The resistance for this move is $17.62. Chart indicate's the 20-day EMA is it's new solid base support. Worth watching for a breakout.

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Groupon Inc (NASDAQ:GRPN) was one of the winners on Monday, as the stock closed up 34 cents on the day with huge volumes, following an Outperform reiteration by Piper Jaffray with a price target of $16. The stock traced out a nice setup and the upside breakout has some power. I'm going to keep an eye on it and see how it reacts today. The short-term outlook is positive and a move to 7.24-7.38 appears likely.

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I have been watching Gogo Inc (NASDAQ:GOGO) over the past few days, waiting for a possible upside move. The stock seems to have found a strong support at present levels and the technical indicators are improving significantly. Looks good over $20 with volume. The short-term uptrend is intact and signals further bullishness on this stock. Stop 17.82

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UTi Worldwide Inc. (NASDAQ:UTIW) has recovered nicely and can potentially set-up very well for a swing-trade if the stock price breaks through the next key resistance level at $10.28. There could be good upside in this trade, so watch this stock closely today.

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Could play Cirrus Logic, Inc. (NASDAQ:CRUS) here for a move above $23.90. Technical chart looks Bullish with the MACD in positive territory and above the signal line. The RSI is also moving up and above its 50% level.

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: CRUS, GOGO, GRPN, LIQD, RMBS, UTIW, VHC

09:29 | Permalink |

Stocks to Watch for April 21, 2014

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Rambus Inc. (NASDAQ:RMBS) had a strong move on Thursday, gaining more than 4%. The stock hit a high of $12.58, which is resistance for the follow through move. The medium-term trend is bullish as the stock is above all key exponential moving averages. Additionally, MACD lines are going up and OBV still climbing. I suspect the stock may continue to appreciate over the coming days. Stop should be placed around 11.23 (20EMA). Keep this one under radar.

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Procera Networks Inc (NASDAQ:PKT) is one for the bottom pickers. The stock appears to be poised for a nice bounce off this bottom. In my view, the stock has formed a bottom in short-term and I expect a move past 10.06 to take the stock towards the target of 10.86 with stop-loss at 8.95. The stock seems to be undervalued at current levels IMO with a strong balance sheet and zero debt. Percentage of shares held by institutional and mutual fund owners is 77%. In addition, the company has been making headlines lately with some major announcements, so I still think the stock has potential at this point. From a technical standpoint, the stock is in a downtrend but the signals are mixed. The MACD histogram is displaying a bullish divergence and RSI bounced from oversold. A reversal may be on the way.

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AOL, Inc. (NYSE:AOL) As I've mentioned earlier there is some elevated May Call options with strike prices significantly above the current market, therefore I still believe that shares have room for a significant uptick beyond these levels. From a technical standpoint, the stock broke out from a falling wedge on Wednesday's session, crossed and closed above the 50-day EMA on high-volume. The stock is setting up to move higher and could break the $46 mark in the sessions ahead, something that could attract more traders to jump in and push shares even higher. The short-term indicators are looking bullish and could easily rise to a new peak. Keep an eye on it !

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Zynga Inc (NASDAQ:ZNGA) has achieved a boost during Thursday’s trading session as traders witnessed the oversold position, driving shares up by more than 4%. From a technical standpoint, the Relative Strength Index is now rising and is approaching the mid-level, while MACD made a bullish crossover.

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Celldex Therapeutics, Inc. (NASDAQ:CLDX) I hit a new 52-week low on Tuesday, but looks poised to rebound sharply in the short-term. The MACD has stabilized and crossed over the signal line (signalling a possible change in the trend to uptrend).

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Groupon Inc (NASDAQ:GRPN) has bounced nicely from the lows. The immediate resistance is around 7.61/67 which the stock will likely to test next week. A close above this range is a pre-requisite for the reversal of the bearish trend.

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FuelCell Energy Inc (NASDAQ:FCEL) Should breakout hard to upside when it crosses over $2.50

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: AOL, CLDX, FCEL, GRPN, PKT, RMBS, ZNGA

15:59 | Permalink |

AC Investor Blog

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

Monday, March 06, 2017

My Watchlist for Tuesday, March 07

Saturday, February 27, 2016

Stocks to Watch for February 29, 2016

Saturday, February 13, 2016

Stock chart setups for the week ahead

Tuesday, November 17, 2015

Stocks to Watch for November 18, 2015

Thursday, June 25, 2015

Stocks to keep an eye on June 26, 2015

Saturday, February 14, 2015

Stocks to keep an eye on February 17, 2015

Tuesday, June 24, 2014

Top Trade Ideas for Tuesday June 24th

Friday, April 18, 2014

Stocks to Watch for April 21, 2014

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