AC Investor Blog

Several charts to watch this coming week - Happy Easter Everyone !!

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Are you seeing what im seeing? Dropcar Inc (NASDAQ: DCAR) sees accumulation and signs of major breakout opportunity. The stock has been showing higher lows on the hourly chart and the accumulation indicator is clearly showing that money has been moving into the stock.Plus, MACD has a bullish crossover. Technically speaking, it has several favorable indicators and chart patterns suggesting an increase in shares could be on the horizon in the near-term. Traders could look for a move above $2.2 as a signal that the stock could take off and surge to higher levels targeting the $2.8-3 area. I entered long last week.

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YY Inc (NASDAQ: YY) Stalking. Consolidation at highs continues, 88.78 resistance higher. As long as the stock holds above the rising EMA20 support level the intermediate-term picture should remain positive.

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Renren (NYSE: RENN) Nice jump out of the bull flag on Friday. Technicals look good. Watch for a good follow through day next week.

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Riot Blockchain Inc (NASDAQ: RIOT) had another very productive day as we saw gains of over 10%. Watch for a break of 5.42 to continue the uptrend. The medium-term trend is bullish as the stock is above 20/50/200-day exp moving averages with all moving averages going up. You should watch this stock closely on Monday.

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AMD (NASDAQ: AMD) It will be very interesting to see how this chart resolves next week. This stock has been basing in a very tight consolidation pattern and has been doing it on low volume, a buy now may be a bit early as a lot of resistance but a breakout would potentially move to the 30 level. Watch the break of the pattern and play accordingly.

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Daxor Corporation (NYSEAMERICAN: DXR) The chart indicates that stock seems to be stabilizing and has formed a falling wedge pattern, which is bullish. The volume has been quite modest for this name, and looking at the extreme oversold readings of the RSI could power a rally that I think is coming. The stock will now be facing some resistance around $10. A close above this area will be very bullish and send the stock to next resistance area at $13

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Deere & Company (NYSE: DE) Nice breakout on expanding volume last week. The uptrend is intact and signals further bullishness on this stock. I think it is a buy on any dip with a stop loss placed under the breakout point.

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Blackberry (NYSE: BB) has been pulling back in recent times and is currently trading sideways while MACD Hist is displaying an interesting positive divergence. I still think this is a nice LONG setup. The stock continues to play with its rising 50-day exponential moving average line. From the other hand, and fundamentally speaking this company continues to advance new technologies and is set to become a major force in autonomous driving, dont doubt about that. For me, John Chen is one of the most smart businessman that i know. Im long and strong on Blackberry since a long time.

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Zynga (NASDAQ: ZNGA) bounced strongly Thursday on heavy volume putting bulls back in the game. The stock is building a nice Bullish pattern under resistance at $5.55. Watch for a break through that price level to indicate that another push higher will occur.

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J. C. Penney (NYSE: JCP) is still holding up well here and the stock has a chance to move higher. Looking at the positive divergence on MACD Hist stock may break this resistance line soon. Definitely on watch.

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Boxlight Corp (NASDAQ: BOXL) has been is on a remarkable run and it does not looks like the trend will change soon. On Thursday, the stock broke out above a key resistance area making a four month high on volume above average. The high of the day was $4.45, which is resistance for the continuation move.

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OUTLOOK THERAPEUTICS, INC. (NASDAQ: OTLK) Need to see further upside confirmation tomorrow before adding to current position. The stock completely changed my point of view closing the week well positioned to start a bounce. Chart is displaying a buy divergence on the upside. So, next week keep an eye on OTLK for a possible breakout over $1.69 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: AMD, BB, BOXL, DCAR, DE, DXR, JCP, OTLK, RENN, RIOT, YY, ZNGA

22:13 | Permalink |

My watchlist for next week before going to vacations

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Jumei International Holding Ltd (NYSE:JMEI) was one of the biggest winners on Friday as the stock closed up 69 cents on the day with huge volumes. I alerted this stock few days ago at $2.35 (August 9th post) and closed Friday at 3.52. Looking at the technical daily chart the near-term outlook is very positive, however and due to the overbought conditions, we could see some profit taking here. Congrats to all of my followers who profited from it.

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J C Penney Company Inc (NYSE:JCP) printed a hammer candlestick Friday on high volume characteristic of a bullish reversal. This could signal a short-term reversal of the price decline. Momentum indicators are also turning up from extreme oversold levels. If the stock breaks Friday's high at 3.62, the stock could see a further move into 3.82-4 area.

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OpGen Inc (NASDAQ:OPGN) Potential bottom play next week. The stock price has fallen hard over the past several weeks and looks ready for a rebound. The technical daily chart above is not only oversold but also shows a stock ready to post a sizeable bounce with several key momentum indicators showing positive divergences. Keep in mind, this is a penny stock so play it like a penny stock.

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Biostage Inc (NASDAQ:BSTG) this penny stock is also looking to make a move higher off this strong support level. The time might be coming for a big bounce that could send it back over 42 cents, so I think its worth watching for a bounce next week.

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After being trading in a bearish tone since April the stock appears to making a comeback in favor of the bulls. Apricus Biosciences Inc (NASDAQ:APRI) caught my attention last week. The signal to buy was given when the previous day high (1.45) was taken out. This breakout suggests a possible move to $2. The stock showed a lot of strength and I expect to see another round of buying. The volume on up days is greater than the volume on down days meaning big boys are more interested on long side. On the technical side, the chart looks very good here.

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Senseonics Holdings Inc (NYSEMKT:SENS) displayed some impressive relative strength Friday with a 13.93% gain on volume well above average. I think we will see some nice follow through tomorrow. Next major resistance lies at 2.92

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Control4 Corp (NASDAQ:CTRL) made a nice upside reversal Friday in a weak market. It may be ready to break out of this potential bullish consolidation. Breakout watch over 24.94

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Dynegy Inc. (NYSE:DYN) Closed above the declining 200-day exponential moving average for the first time in several months and was with an increase in volume, which shows us there are buyers in the stock. With the daily momentum indicators on the above chart showing positive trends I think a push to $9.8 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. On watch.

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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: APRI, BSTG, CTRL, DYN, JCP, JMEI, OPGN, SENS

10:01 | Permalink |

Stocks to Watch for October 23, 2015

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J C Penney Company Inc (NYSE:JCP) looks to have consolidated and may be getting ready for another leg higher. The stock needs to break out above $10.09 to go higher.

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Amkor Technology, Inc.(NASDAQ:AMKR) looks ready to break a recent high of $5.62. Technical indicators are looking positive with the RSI and MACD rising. Keep it on your watch list going forward.

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eBay Inc (NASDAQ:EBAY) Resistance Breakout. Go long on the break of Thursday’s high at 27.66

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NeoGenomics, Inc. (NASDAQ:NEO) Flagging here. May run higher, keep on watch.

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Acorda Therapeutics Inc (NASDAQ:ACOR) breaks above the 200-day EMA for the first time since late August and should have a continuation move on Friday. It looks like the stock is starting to turn back up and indicators are giving the first bullish signs.

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: ACOR, AMKR, EBAY, JCP, NEO

22:27 | Permalink |

Stocks to keep an eye on July 08, 2015

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J C Penney Company Inc (NYSE:JCP) finished the session at the highest close in more than two months on robust volume. The price also broke out from a key resistance level during today's session in which it consolidated over the last few weeks. I expect continuation of momentum and a move toward the 9.40-9.50 range.

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Sohu com Inc (NASDAQ:SOHU) I'm looking for a bounce here after so many down days. Daily indicators have hit very oversold conditions, levels from which rallies normally emerge. On watch.

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Chesapeake Energy Corporation (NYSE:CHK) posted a very strong bullish reversal candle on high volume and could signal a reversal of the price decline. Watch for continuation.

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Plug Power Inc (NASDAQ:PLUG) made a nice upside reversal in a weak market today after the company reaffirmed its FY15 financial targets. Looking at the technical daily chart the near-term outlook is positive. Let’s see whether the stock can gather enough momentum to break through $2.62 (today's high) Only a close above this level would suggest further upside.

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United States Steel Corporation (NYSE:X) has had a rough time over the past sessions, but today’s bounce could be the first move to recovery. I'm using $21.25 as resistance for this upside move. If the stock can break through this level we should see a reversal of this down trend.

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: CHK, JCP, PLUG, SOHU, X

22:34 | Permalink |

Stocks to keep an eye on June 24, 2015

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J C Penney Company Inc (NYSE:JCP) had another very productive day as we saw gains of over 3 percent and I believe it has more room to run. Technically speaking, the stock broke the downtrend line off the $9.50 high on solid volume. Daily technical indicators are giving Bullish signals. The MACD crossed above its signal line in negative zone and the RSI is back above its 50 line and points north. The July $9 call options have been active. You want to keep this stock on your screen for Wednesday’s trading.

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Genworth Financial Inc (NYSE:GNW) The stock is setting up to break out and has one more level to go, which is $8.12. Daily technical indicators are in bullish zones. The MACD has formed a bullish rounding bottom and crossed above its signal line. RSI is showing good upward momentum by crossing above its 50 line to enter into the Bullish zone. Watch the stock closely today and once it breaks $8.12, get ready to jump in.....

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I'm keeping Vascular Biogenics Ltd (NASDAQ:VBLT) on the list for a possible move today. The stock has been strong, which leads me to believe that there is a buyer and we could see another strong up move soon. Daily technical indicators are pointing to a breakout. For investors who are interested in VBLT could watch for the breakout at $6.44 since the breach of this critical resistance is a sign of reversal from a down trend. Currently prices are supported by 50 & 100 EMAs. The stock has plenty of room to run.

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Bioline RX Ltd (NASDAQ:BLRX) looks a nice long candidate. Extremely bullish moves on BLRX are taking place over the last session’s. Yesterday, the stock jumped seven percent with good volume. MACD still giving buy signal and is currently above the 0 line. This momentum could push this stock much higher from here, so keep it on the radar. The next major resistance is located at $2.45. Existing holders may remain invested with a stop loss at $2.07 (9EMA).

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Lion Biotechnologies Inc (NASDAQ:LBIO) With its support around the $9 levels, yesterday candle proved that this support is holding nicely and that a bounce is about to take place. Daily technical indicators are showing some nascent signs of bullishness. If we reclaim the $10 level and hold, i expect a rapid move toward 10.5 area.

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Unusual high volume detected on shares of Speed Commerce Inc (NASDAQ:SPDC) Tuesday. The stock will face short-term resistance at 38c. Once this level is crossed with good volumes, the stock can go to 46c then 51c.

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Voltari Corp (NASDAQ:VLTC) There are several indications I see which suggest a near-term bottom, including large positive divergences on CMF, RSI and MACD. A break above 7.05 on a close basis should be seen as a serious threat for the stock to test the $9 levels again. Until that happens traders will want to be on high-alert to the possibility of a bullish reversal. Keep VLTC on your screen for Wednesday’s trading session.

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: BLRX, GNW, JCP, LBIO, SPDC, VBLT, VLTC

09:07 | Permalink |

Stocks to keep an eye on May 21, 2015

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Himax Technologies, Inc. (NASDAQ:HIMX) gained 4% to 83 cents per share after analysts at Rosenblatt Securities upgraded their rating to BUY with a PT of $9. From a technical standpoint the stock is trying to break the downtrend line visible on the chart above (yellow mark). If it breaks this key resistance level, bulls may expect it to run toward $7. With MACD rising and %K line on top of %D line, the major rally of the stock may be finally coming. Im long.

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MELA Sciences Inc (NASDAQ:MELA) The stock closed the day at $1.62 on decent volume and looks poised to post more gains heading into the weekend. I expect this stock to trade above $2 in the near term after today's strong close above the 20-day EMA. Keep it on your watch list.

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MEI Pharma Inc (NASDAQ:MEIP) The daily technical chart shows a stock that is right on the cusp of a breakout. If price can break through its 20-day exp moving average, then I think 2.44 level could be well within reach. Nice slow steady accumulation in last days, MFI rising. Keep it on your watch list.

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Congratulations to those who took a chance on IsoRay, Inc. (NYSEMKT:ISR) in PM after my tweet alert. This stock skyrocketted 93% on heavy volumn to $3.12 per share following the announcement that its IsoRay's Cesium-131 lung cancer treatment reported a 96% success in local control and a 100 percent survival at 5 years in high risk patients in a newly published report. I'd keep a close eye on this stock Thursday morning and I would expect some follow through buying along with some profit taking. On watch.

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Prana Biotechnology Limited (NASDAQ:PRAN) hit my scanner today with some impressive volume and closed up 14%. I expect some follow through on Thursday.

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J C Penney Company Inc (NYSE:JCP) good relative strength compared to the sector. Long set-up on watch. Lets see if it breaks over $9 this week.

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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: HIMX, ISR, JCP, MEIP, MELA, PRAN

22:33 | Permalink |

Stocks to keep an eye on May 18, 2015

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J C Penney Company Inc (NYSE:JCP) dropped below its pivot 8.21 (100EMA) on Thursday as it had a low of $8.02, but then closed the week back above the pivot and the daily technical indicators have also turned higher, suggesting that the stock could have some more gains ahead. It has been trading in a clear ascending channel over the past four months, with support now located at 8 and resistance around 9.92. Bullish trend.

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Oneok Partners LP (NYSE:OKS) The daily technical chart looks positive and the stock finished the week back above the 50EMA at 40.60. If 42.37 can be taken out next week, then we are probably in for a run towards 43. OKS has attracted a lot of call activit on Friday 4x avg volume, I believe this is the start of a new uptrend.

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Sphere 3D Corp. (NASDAQ:ANY) continued its bullish bias on Friday, closing the session with a gain of nearly 9% at $3.84. The bias is bullish in nearest term testing 4.12 or higher especially if price able to make a clear break and daily close above 4.06. My outlook remains Bullish. Sphere 3D Corp. on Apr. 23 announced that in collaboration with Microsoft will showcase its technologies and product solutions during a joint global partner roadshow that will be hosted at multiple Microsoft Technology Center locations. Next week could get very interesting. They have confirmed the schedule for the events at the Microsoft Technology Center in Silicon Valley/Mt. View, CA on May 20, 2015, and in New York on May 27, 2015. If momentum continues as I expect next wk, I believe there are lot of profits left on the table for traders to capitalize on.

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Second Sight Medical Products Inc (NASDAQ:EYES) had a moderate bearish momentum yesterday but overall still able to maintain its bullish bias. The daily technical chart cleared resistance and has successfully back tested the breakout line on Friday. Technical indicators are clearly pointing North at the moment. My short/medium term outlook remains Bullish.

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Apple Inc. (NASDAQ:AAPL) was indecisive on Friday. Price attempted to push lower but found support around 128. Neutral bias for the week ahead but overall I still prefer a bullish scenario with 132.4 / 133.2 as nearest targets. All three technical indicators are looking bullish. The RSI is above its 50% level. The MACD is positive, and above its signal line. The slow stochastic is below its 50% level, but turning up.

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WidePoint Corporation (NYSEMKT:WYY) has the perfect set up to make a nice run here. The break out point would be at 1.56.

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, ANY, EYES, JCP, OKS, WYY

08:30 | Permalink |

Stocks to keep an eye on May 14, 2015

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Calithera Biosciences Inc (NASDAQ:CALA) has been consolidating in a bullish pennant pattern in the 13 area after its steep upmove from near 10 to over 14. Watch for a breakout above 13.50. Daily technical indicators have turned bullish.

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Twitter Inc (NYSE:TWTR) is on bottom watch. Based on the daily technical chart, this stock has declined to the point of becoming a good bottom play, at least a 10% bounce in my opinion. The recent volume and buying action, seems to support this view.

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J C Penney Company Inc (NYSE:JCP) Long set-up on watch. Lets see if it breaks over $8.98 this week. The MACD is currently positive and rising above its signal line. Plus A/D is increasing, indicating accumulation of shares in the market. Keep JCP on your radar going forward.

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Pacific Ethanol Inc (NASDAQ:PEIX) broke out today on strong volume and I'm looking for a continuation move on Thursday. Next major resistance lies around the $15 level.

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: CALA, JCP, PEIX, TWTR

22:40 | Permalink |

AC Investor Blog

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

Friday, April 19, 2019

Several charts to watch this coming week - Happy Easter Everyone !!

Sunday, August 20, 2017

My watchlist for next week before going to vacations

Thursday, October 22, 2015

Stocks to Watch for October 23, 2015

Tuesday, July 07, 2015

Stocks to keep an eye on July 08, 2015

Wednesday, June 24, 2015

Stocks to keep an eye on June 24, 2015

Wednesday, May 20, 2015

Stocks to keep an eye on May 21, 2015

Saturday, May 16, 2015

Stocks to keep an eye on May 18, 2015

Wednesday, May 13, 2015

Stocks to keep an eye on May 14, 2015

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