AC Investor Blog

Stocks to Watch for June 02

( click to enlarge )

Minerva Neurosciences Inc (NASDAQ:NERV) is one of the hottest stocks in the market right now. The stock broke out to all time highs again and the volume was strong, signaling that this move should hold. This is generally a hot buy from a technical perspective and the short-covering will continue to power the stock higher. The momentum clearly favors the bulls.

( click to enlarge )

OncoGenex Pharmaceuticals Inc (NASDAQ:OGXI) is displaying upside momentum and is poised to move higher from these levels. Let’s see whether the stock can gather enough momentum to break through 1.07 tomorrow. If the Bulls are able to push through this level, there will be another rally towards 1.30. The uptrend continuation scenario is slightly more likely at the moment. Shareholders may remain invested with a stop-loss at 91c.

( click to enlarge )

Ballard Power Systems Inc. (NASDAQ:BLDP) seems to be a promising stock to follow. Thing to watch out for this stock is its resistance at 1.56, which if broken may give the possibility of it going to as high as 1.68.

( click to enlarge )

I have followed Relypsa Inc (NASDAQ:RLYP) for while and over the last weeks I never seen so many investors purchasing the stock. The volume over the recent days has dramatically increased. There are some days when the normal avg volume is reached in the first two hours of trading, which mean someone is accumulating a huge amount of shares for the coming weeks. The On Balance volume shows exactly this situation. If it breaks above 21.10, we can run to 25 easily. Keep RLYP on your screen for Thursday’s trading session.

( click to enlarge )

Illumina, Inc. (NASDAQ:ILMN) Watch for the break of its 50-day EMA, go long when it breaks.

( click to enlarge )

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) is showing signs of of strength. The momentum indicators are giving a buy and are moving into a positive zone. The short-term outlook would remain bullish as long as the price holds above the stop-loss level of 1.69. The stock could move to the immediate target zone at 1.84-1.93

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: ARNA, BLDP, ILMN, NERV, OGXI, RLYP

22:21 | Permalink |

Stocks to keep an eye on January 21, 2015

( click to enlarge )

NVIDIA Corporation (NASDAQ:NVDA) The volume was very low on today's session, a little over 3.4 million of shares traded. The stock is currently up against a resistance at $20.24. Perhaps, if it breaks through there, the volume will increase and a run will develop. The MACD indicator is generating a fresh Bull cross while RSI still moving up. Stay tuned.

( click to enlarge )

The break of this key resistance line with heavy volume should be the next buy point on Immersion Corporation (NASDAQ:IMMR). If it clears resistance at $9.81, the move may be powerful.

( click to enlarge )

King Digital Entertainment PLC (NYSE:KING) is very close to bottoming. Whether its a short-term bottom or something more, open long positions here could be a good option for a swing trade. The stock today hit a two-month low of 11.96 before reversing higher with a hammer pattern on the daily candlestick chart with volume, which is a good signal, probably a signal of accumulation. I still think this stock is cheap.

( click to enlarge )

Illumina, Inc. (NASDAQ:ILMN) Daily chart looks Bullish again. Keep an eye for a possible breakout over $199.48

( click to enlarge )

AMAG Pharmaceuticals, Inc. (NASDAQ:AMAG) Nice move today on solid volume. Traders should watch for a potential breakout over 47.75

( click to enlarge )

TASER International, Inc. (NASDAQ:TASR) closed the day well positioned to break one important area. So, tomorrow keep an eye on the stock for apossible breakout over $27.65 on a close basis.

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: AMAG, ILMN, IMMR, KING, NVDA, TASR

22:59 | Permalink |

Stocks to keep an eye on January 8, 2015

( click to enlarge )

Shares of Arena Pharmaceuticals, Inc.(NASDAQ:ARNA) soared 76.2% or $2.53 to 5.85 per share on Positive Results from Phase 1b Clinical Trial Evaluating APD334. The technical chart shows the buyers are back. The stock closed above the 200-day exp moving average for the first time since early June, on massive volume. If you are short term trading, go long on the break of resistance at 6.25 or the break of today’s candle high. I will wait for a retracement to get back in.

( click to enlarge )

Ambarella Inc (NASDAQ:AMBA) broke out of a bullish symmetrical triangle pattern today on a large increase in volume to 4M shares compared to its daily avg of less than 2.2M. Bullish breakout suggests more medium-term upside.

( click to enlarge )

BlackBerry Ltd (NASDAQ:BBRY) needs to close again above the 11 level on a daily basis in order to mitigate the negative near term view. A breakout from this sideways zone will give us an excellent opportunity for investors to pick up long positions. However, as long as the stock price still in this area, the bias remains neutral. The techical indicators MACD and RSI all point to upward trend. A/D shows accumulation going on despite the recent pullback.

( click to enlarge )

Penn National Gaming, Inc (NASDAQ:PENN) jumped $1.02 or 7.72% today to 14.23, breaking out above previous levels of resistance on the daily chart. The stock hit a 52-week high of $14.75 in November, but has pulled back the past few weeks. The stock is setting up to make a move back to highs and I will be watching. The technical chart shows very strong upward momentum as the stock is trading above all key exponential moving averages with positive technical indicators, such as an upward-trending MACD.

( click to enlarge )

Illumina, Inc. (NASDAQ:ILMN) has formed a resistance level at 197 setting up a possible resistance breakout trade.

( click to enlarge )

King Digital Entertainment PLC (NYSE:KING) Possible bounce trade setup with a retest of the key level at 15.07. Stochastics are at extreme oversold levels, so a bounce here would not be surprising.

( click to enlarge )

Zynga Inc (NASDAQ:ZNGA) is still coiling just under $2.75 and appears about ready to make a breakout soon. Hold the stock with a stop at $2.59.

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

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

Thanks for visiting AC Investor Blog.

AC

Labels: AMBA, ARNA, BBRY, ILMN, KING, PENN, ZNGA

22:50 | Permalink |

Stocks to Watch for January 30, 2014

( click to enlarge )

Gevo, Inc. (NASDAQ:GEVO) performed well today, closing up 10% on heavy volume and I expect to see a continuation move tomorrow. First resistance is now located at $1.40, which reflects its 50-day EMA. Once the stock breaks resistance, I expect to see the buyer push the stock higher. The daily technical indicators are reversing up and are advocating for a technical rebound. Long setup.

( click to enlarge )

Stereotaxis Inc (NASDAQ:STXS) The stock looks to be forming a Cup-and-Handle pattern on daily, with the handle not yet formed. The bias is Bullish in nearest term. A break above 5.85 on a close basis should be seen as a serious threat for the stock to test the highs of October. Immediate resistance is seen at 5.4/5.52 area.

( click to enlarge )

Onconova Therapeutics Inc (NASDAQ:ONTX) showed buying strength all day on Wednesday. The stock price is on the verge of breaking out and it could happen soon. The volume dramatically increased as the stock ran to near its major resistance, showing us there are buyers watching the stock. If it breaks 13.90 the stock will absolutely fly into the 15's right away.

( click to enlarge )

Illumina, Inc. (NASDAQ:ILMN) broke out to all-time highs during today's session to $154.99 per share, however in the final hour the stock price retracted closing at $146.67. Let's see if tomorrow the stock will confirm intraday breakout.

( click to enlarge )

Prothena Corporation PLC (NASDAQ:PRTA) Setting up nicely for new highs. MACD starting to point up. Long setup.

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: GEVO, ILMN, ONTX, PRTA, STXS

22:50 | Permalink |

Stocks to watch on Thursday Jan 07

( click to enlarge )

SOL - Alternative energy stocks continue to move higher, and SOL is getting ready to retest September highs. The stock hit $6.37 on September 17th, which is resistance for its next move. The daily chart of SOL suggests a strong confidence in stock, a clear uptrend momentum.

( click to enlarge )

ILMN was one of the big winners on Wednesday, as the stock closed up $1.87 on 2x normal daily volume. The stock broke resistance and I'm watching ILMN for a follow through move on Thursday, using Wednesday’s high of $32,43 as resistance. The technical daily chart shows a continuation of the trend with MACD and RSI in the Bullish areas.

( click to enlarge )

ETRM looks to be setting up for a bounce, as the stock closed up $0.06 on Wednesday. The stock hit a high of $0.71 on Decemeber 30th, which I'm using as a breakout level. If ETRM can break through resistance, we should see the stock try to test $1. The recent downward price movement was not accompanied by volume, which suggests that people are still holding the stock. Currently price is now at 0.61 levels and based on KD indicator we might see an upward move for this stock again. The short-term targets are 0.71 and then $1. Short-term support is at 0.50. Watch this stock very closely.

Other Stocks to Watch :

Speculative plays

CIEN - Ciena - Takeover rumors continue.
DRYS - DryShips, Inc. - Watching for a close above $6.54
STEM - StemCells, Inc. - Watching for a close above $1.39
LVS - Las Vegas Sands - Watching for a close above $18.50
MOT - Motorola - I'm bullish in the short and long term.
ETFC - E*TRADE Financial Corporation - Watching for a close above $1.84
SIRI - SIRIUS XM Radio Inc. - I Will buy on a break above $0.706
CTIC- Cell Therapeutics - Watching for a close above $1.20
LLBO - LIFELINE BIOTECH - Watching for a close above $0.0027

Stocks that have a Bullish Engulfing pattern at the end of their daily chart

MRO - U S X-MARATHON GROUP
ERIC - LM Ericsson Telephone
JDSU - JDS Uniphase Corporation
WLP - Wellpoint Inc
BP - BP AMOCO ADS
MT - Arcelormittal
OXY - OCCIDENTAL PETROLEU
NWL - NEWELL RUBBERMAID INC
MJN - Mead Johnson Nutrition
CDNS - CADENCE DESIGN SYS INC
PBR.A - PETROLEO BRASILEIRO...
ILMN - Illumina, Inc.
COST - Costco Wholesale Co
CMC - COMMERCIAL METALS CO
HOLX - Hologic, Inc.
CHS - Chicos FAS Inc
RDC - ROWAN COS INC
AYE - ALLEGHENY ENERGY INC
SYY - SYSCO CORP 28.06
FCS - FAIRCHILD SEMICONDU
WFMI - Whole Foods Market
COCO - Corinthian Colleges
NYX - NYSE EURONEXT INC
COV - Covidien Plc
TEL - Tyco Electronics Ltd
TLM - TALISMAN ENERGY INC
LIFE - Invitrogen Corporation
TCB - T C F FINANCIAL CORP
RTH - RETAIL HLDRS TR
DRV - Direxion Daily Real
VEU - Vanguard FTSE All W
BJ - BJ'S WHOLESALE CLUB
ASML - ASM Lithography
AAP - ADVANCE AUTO PARTS INC
ELY - CALLAWAY GOLF CO
LEG - LEGGETT & PLATT INC
DOV - DOVER CORP
QSFT - Quest Software, Inc.
WRB - WR Berkley Corp
OSIP - OSI Pharmaceuticals
RT - RUBY TUESDAY INC GA
RS - RELIANCE STEEL & AL
JACK - JACK IN THE BOX INC
GMT - G A T X CORP
SGI - RACKABLE SYSTEMS INC
MOLX - Molex Incorporated
GLDD - Great Lakes Dredge
RNR - RENAISSANCE RE HLDG
STO - Statoil ASA
GOL - GOL LINHAS AEREAS I
FRED - Fred's, Inc.
HRS - HARRIS CORP
NNN - National Ret Proper
SLAB - Silicon Laboratories
HSIC - Henry Schein, Inc.
VRGY - Verigy
DV - DEVRY INC
TBL - TIMBERLAND CO
ICON - Candie's, Inc.
GMXR - Gmx Resourcs Inc
MKC - MCCORMICK & CO INC
PBY - PEP BOYS MANNY MOE
ISRG - Intuitive Surgical
ZUMZ - ZUMIEZ INC
LOPE - Grand Canyon Education
B - BARNES GROUP INC
CAST - GREAT WALL ACQUISIT
GAS - NICOR INC
HSTX - Haris Stratex
ICA - ICA SA De CV
TRAD - TradeStation Group Inc
DY - DYCOM INDUSTRIES INC

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 Folks.

AC

Labels: ETRM, ILMN, SOL

00:01 | Permalink |