AC Investor Blog

Good Setups to watch next week, including China names

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Uber (NYSE: UBER) has been on fire the past few days, and looks ready to make another upside move. The stock broke out of a consolidation range on Friday as the stock closed up $1.25 on the day. Friday’s high was $47.08 which is resistance for Monday’s continuation move. As long as the stock stay above 45.5 area, the bullish scenario is still intact.

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Inpixon (NASDAQ: INPX) is still in bottoming mode it looks like. The technical daily indicators are looking better for the stock. The daily MACD is starting to rise, confirming a bullish divergence has taken form. As I mentioned on twiiter, INPX has had days when it exploded out-of-the-gates and made tremendous gains. The FORM-S1 on Friday after-hours is confirming my feeling that we should get some news very soon for the company to sell shares at higher prices. As i said last week, most of people dont like this company due to its diluition history, but we are here to make great swing trades, not to make investments. Thats said, i stand with my long position waiting for a big pop. We know that past performance is not always a guarantee of future performance, but we could learn from how INPX has reacted in the past, so keep a close eye on it and don’t miss the trade.

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Arca Biopharma Inc (NASDAQ: ABIO) is showing signs of an upcoming breakout. Watch the flag formation closely. A move above $7.77 would constitute a strong technical entry for the short-term trader looking for a quick trade.

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I've been stating for days that the Tonix Pharmaceuticals Holding Corp (NASDAQ: TNXP) is trying to bottom. The stock remains deeply undervalued based on fundamentals with nearly $2.5 per share in cash and equivalents and has lots of upside potential. If it breaks the 1.45 level, the momentum could move stock up to the $1.78 area where the 50-day EMA is located.

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JD Com Inc (NASDAQ: JD) is quickly approaching a breakout if the stock can manage to trade above $31. A strong volume move above that level, could set the stock up to retest its March highs.

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Yum China Holdings Inc (NYSE: YUMC) could be starting another rally as there is tremendous support in the stock and some serious buying coming in. The price has been in a bullish flag formation off its sharp rebound rally since the mid-May lows and it is now near the top of the sideways channel in the 46.5 area. A break through that top would lead to a next test of the 48. resistance zone. Among oscillators, the MACD is in buy mode and RSI is at 70 levels indicating strength in the current uptrend. If it breaks 46.6 the stock will absolutely fly into the 48's right away. Keep it on your watch list going forward.

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Bilibili Inc (NASDAQ: BILI) could be in the early stages of a technical breakout. Momentum indicators are showing bullish signals supported by rising MACD and RSI on the daily charts. Should breakout hard to upside when it crosses over $16.71 Keep it on your watch list going forward.

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Southwestern Energy Company (NYSE: SWN) was added to my watchlist as a possible bottom bounce-play. Nearest resistance for the stock is at $3.20. If this level is crossed and the stock is able to sustain above this level, then it might go to 3.50-3.61. Let's keep an eye on it as i think momentum will pick up. Stop 3.01

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AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO) has had a rough time over the past sessions, but somebody bought a lot of shares on Friday before the close of the day. A breakout over 70c next week with strong volume would send this flying. I went long last week, I see $1 move coming.

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: ABIO, AVEO, BILI, INPX, JD, SWN, TNXP, UBER, YUMC

18:15 | Permalink |

Some stocks to watch next week

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BlackRock (NYSE: BLK) is coiling up below the declining 200-day exponentila moving average, forming a potentially bullish pattern, to blast through the 200EMA on a breakout of that pattern. Long setup on watch.

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Deere & Company (NYSE: DE) bulls have no reason to be alarmed yet. In fact, they may have a reason to celebrate, the stock closed the week with a bullish candle near the key resistance level of $166.19, a strong Bullish signal for next week.

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Bioblast Pharma Ltd (NASDAQ: ORPN) on my top watchlist for next week after reading last week PRESS RELEASE. The company announced the sale of its Trehalose Clinical Development Programs to Seelos, and under the terms of the agreement, Seelos will pay Bioblast a payment of $3.5 million in two instalments; $1.5 million payable upon closing of the sale and the other $2.0 million will be paid upon the first anniversary of the closing of the sale. Potential additional milestone payments of up to $17.0 million will be made upon completion of the clinical study and approval of a New Drug Application (NDA) by the Food and Drug Administration (FDA), as well as royalties. Keep in mind, the market cap of this company is just $4.5M. I think people is people is underestimating this deal. Read the press carefully this weekend. I would not be surprised if we break the $2.17 level next week. I took a long position on Friday.

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Nio Inc (NYSE: NIO) will be featured on 60 minutes Sunday night. The stock has been trading heavy volumes recently and continue to impress with another show of strength. Technicals look Bullish to me. Momentum picking up with MACD climbing and RSI rising. Watch for continuation.

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Arcadia Biosciences Inc (NASDAQ: RKDA) is in a very strong bullish trend, having gained almost 100% since December lows. The stock is coiling up, and if it can push above $5.58 convincingly next week, it could be off to the races.

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Zosano Pharma Corp (NASDAQ: ZSAN) could be worth watching if the pullback continues next week. If it drops, there is a strong support zone around 3.75

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AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO) still holding a strong position. The stock has been basing for over a week under resistance near 66c. If the stock clears resistance the move may be powerful. A good sign, is that the big institutions have been buying this longer term dip while keeping price low. Check my latest tweet about AVEO

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JD Com Inc (NASDAQ: JD) may be ready to break out of this sideways consolidation. Potential swing long above 26

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Shares of Marinus Pharmaceuticals rallied hard Friday on heavy volume. If it clears back over 4.33, may have some good upside.

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: AVEO, BLK, DE, JD, MRNS, NIO, ORPN, RKDA, ZSAN

21:10 | Permalink |

My Watchlist for Friday, October 21

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Microsoft Corporation (NASDAQ:MSFT) is trading higher after hours, as the company released very good earnings. Following the news, shares of the company skyrocketed, sending Microsoft to new highs. Blue skies on charts.

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Emerge Energy Services LP (NYSE:EMES) Nice runner from the twitter buy list today. After few weeks of consolidation the stock finally broke out and took out its critical level of $14.60. The break of this key resistance line confirms a medium-term trend reversal and the beginning of new momentum, which could move the stock above the $18 area. Use the rising EMA50 as stop.

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United States Steel Corporation (NYSE:X) For what it's worth, the stock cleared this key downtrend line on increased volumes. The bounce from the 200-day EMA makes it more authentic. The MACD is rising and the RSI is moving up showing renewed strength. Ready for higher prices. Stop 17

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JD Com Inc (NASDAQ:JD) has been basing for over a week under resistance near $27. If the stock clears resistance the move may be powerful.

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) had a very productive day as we saw gains of nearly 12% on volume above average and I believe the stock has more room to run. We also saw unusual bullish options activity. A breakout over $6.15 with strong volume would send this flying. On watch.

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ProNAi Therapeutics Inc (NASDAQ:DNAI) is another stock I am watching very closely. I accumulated a lot of shares at current levels (1.92-1.82) and will continue to do so. If it clears resistance (declining EMA50) on volume, the move may be powerful. Despite recent decline, the strong cash position (130M or >$4 per share) supports my bulish/argument at this point.

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Alere Inc (NYSE:ALR) may be ready to break out of this large sideways consolidation. Potential swing long above 44.35

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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: ALR, DNAI, EMES, JD, MSFT, X, ZIOP

21:48 | Permalink |

Stocks to Watch for November 24, 2015

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Arca Biopharma Inc (NASDAQ:ABIO) broke out of a bottom/accumulation pattern today, as the stock closed up 47c or 8.94% on heavy volume, closing above the 50-day EMA for the first time in months. Today’s high is resistance for a follow through move on Tuesday. Looking at the technical chart above MACD and ADX both signal positive strength. The stock still trading above 9-day and 20-day exp moving average, also a bullish sign. Plus, the company will make a presentation at the 27th Annual Piper Jaffray Healthcare Conference on Tuesday, December 1 2015. I believe this conference on Wednesday could be a positive catalyst for ARCA biopharma shares.

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Acacia Research Corp (NASDAQ:ACTG) has been floating around 5.17-5.5 for several trading sessions and I still think the stock could see a sharp move higher from here. Daily technical chart indicates the stock is tremendously oversold, but the RSI is improving and the slow Stochastic is turning higher in oversold zone. If it breaks higher above 5.62 or 9EMA, it could go as high as 6.38 in short-term.

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JD Com Inc (NASDAQ:JD) finally broke out of the consolidation range that I've discussed lately. The stock hit a high of 31.07 and a low of 29.99 during the day. A break over today's high could push it to test $32. The near-term outlook is bullish for the stock. MACD is positive and above the signal line. RSI is moving up and above its 50% level. Long setup.

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PACCAR Inc (NASDAQ:PCAR) I like the idea of getting long with a stop below $50. The MACD is making a bullish crossover and the RSI is also rising. On watch.

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AEterna Zentaris Inc. (NASDAQ:AEZS) has finally closed above its 50-day exponential moving average currently placed around levels of $7.28 and it did so on heavy volume. Plus, the MACD indicator has just started to increase and the RSI is also showing positive signs on the stock. Stock price is expected to at least rally the next resistance at $9.70 and even go higher to test the 200-day EMA at $13.37

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: ABIO, ACTG, AEZS, JD, PCAR

22:01 | Permalink |

Stocks to Watch for November 23, 2015

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Celldex Therapeutics, Inc. (NASDAQ:CLDX) which has been building momentum since late-October, broke out of its bullish consolidation on massive volume on news that its Rintega brain cancer vaccine reduced the risk of death from the disease by 47 percent in a 73 patient randomized study. Plus, the survival rate at 2 years was 25% for patients given the vaccine versus none in the control group, so I was motivated to buy more shares. This move broke the stock out of a triple top resistance zone that contained the upmove since August. From a technical standpoint daily technical indicators are looking bullish. The MACD is above its signal line and is moving up in positive territory. CMF is also positive and RSI has moved above its 60% level. On longer-term daily chart, the stock is trading below its 100-day and 200-day EMAs but well above its rising 50-day EMA. The short-term bull market is intact, despite being in a bear market in the medium-term. I think the stock next week can easily re-visit its 200-day EMA at $18.48, if not higher. Based on Friday's news, I expect upgrades coming soon.

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Bellerophon Therapeutics Inc (NASDAQ:BLPH) Calling a bottom is always extremely difficult, but in my opinion this daily technical chart is showing some positive momentum divergences. Honestly, the selling pressure seems to be losing momentum and Friday we saw unusual volume. If the stock can hold the support around 2.85 we may see a bounce to $4 or more very soon. Note: The fact that the company is now trading below cash levels ($4.02 in cash), provides further protection. I bought this stock on Friday...Keep in mind, Bio-mania is back and I am always eager to find these kind of setups (Solid bottoms with positive divergences) and act on them in these times of euphoria.

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Nice runner from Thursday's Twitter buy list. Ambarella Inc (NASDAQ:AMBA) traded nicely on Friday and I’m looking for continuation of the upward direction next week. The stock is a short squeeze candidate, with a short float at 43% equivalent to 6 days of average volume. From a technical standpoint, the daily technical chart shows that the stock is in a rally as %K line is rising on top of %D line as the price is back above the short-term EMAs and with a positive MACD action. The RSI is also rising along with the rise in volumes indicates buying interest in the stock. At the same time, price broke out of downtrend line which goes back to the September top. Can get interesting. Keep close eye on this one for a major rally to the upside.

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It is very clear that the stock wants to move higher again, but too much caution right now. Rambus Inc. (NASDAQ:RMBS) needs to take out $11.34. The break of the resistance line with heavy volume should be the next buy point. The short-term trend is still bullish as the stock is still on top of 9,13 and 20EMAs. Other good news, the RSI is perking up and the MACD is moving up. I think the stock has room to go higher. Watch the stock closely next week.

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BlackBerry Ltd (NASDAQ:BBRY) For the first time in weeks, the 50-day moving average is starting to rise, suggesting that the medium-term trend has switched to bullish. The daily technical indicators remain Bullish. The MACD is positive and above its signal line. The RSI is bullish as it rises above its 50% level and the slow stochastic is climbing towards its neutral zone. Plus, all three short-term EMAs have started moving up. Friday’s intraday high of 7.90 is the highest level the stock has touched in more than two weeks. A break above 8.25 (200EMA) will push the STOCK into a BULL market.

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JD (NASDAQ:JD) looks to be setting up for an upside move. The price is in the top of a short-term trading range. Resistance is $30.26. At this stage it is definitely a wait and see if this key resistance will be easily taken out by the bulls. Stay tuned.

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Alphabet Inc (NASDAQ:GOOGL) has a bullish looking chart. Price broke out to a new all-time high Friday, accompanied by a good volume suggesting higher levels.The stock has been in a nice uptrend for the last two months and it looks very strong with both 50-day and 200-day exp moving averages going up while %K line is on top of %D line. Long setup.

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Straight Path Communications Inc (NYSEMKT:STRP) The daily technical indicators of the stock are gaining some momentum and are close to flashing some buy signals. The trend is down, but this is a good spot to speculate a potential strong oversold bounce.

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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: AMBA, BBRY, BLPH, CLDX, GOOGL, JD, RMBS, STRP

20:27 | Permalink |

Stocks to keep an eye on June 15, 2015

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Time for Action! Ocwen Financial Corp (NYSE:OCN) has been showing relative strength for the last few days and closed on Friday above the 100-day EMA for the first time since January 2014. At this point the stock is set to test its line of resistance around 11.30 marked in early part of May. If the stock clears this key line of resistance, it would be a good opportunity to open a long position. From a technical standpoint the current up-trend is looking good. The MACD just flashed a buy on Friday while the RSI is moving above the 50% level. The ADX is also showing positive signals, which suggests this trend could continue for some more sessions.

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Zynga Inc (NASDAQ:ZNGA) From a technical standpoint, the stock looks to be within a pennant formation which may push it to higher highs in the coming sessions. Pivot Point at 3.06 with a preference to go long at 3.13 on volume.

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Solazyme Inc (NASDAQ:SZYM) Stock is trying to come out of a four-week long base pattern on rising volume. Once the stock breaks out and closes above the 3.50 mark, it could rise sharply as there is not much resistance up until 4.43 level. The MACD indicator just flashed a new buy while momentum looks ready to cross into positive territory. The ADX is also starting to point upwards showing an increased and renewed bullish movement.

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Paragon Offshore PLC (NYSE:PGN) demonstrates bullish bias on daily charts supported by positive moves of momentum indicators. Let's see if the stock is able to muster enough interest next week from investors to break through and clear the 1.75 level. Watch out for volume at the breakout as it could be an early indicator of investors interest.

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Friday marked an important shift in JD Com Inc (NASDAQ:JD) shares as they closed above the major resistance line that has been forming since April. The stock hit a high of $38, which is now resistance for Monday’s continuation move.

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Facebook Inc (NASDAQ:FB) retested the immediate resistance last week but failed to close over that level. Support continued to be located at $80.5 and any close below that level would be bearish or might retest the 100-day EMA again. On the other hand, any close above $83 would have major positive implications from a short-term perspective.

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Shares of XOMA Corp (NASDAQ:XOMA) closed down 2.91% to $3.67 on low volume in Friday's regular trading session. Let’s now take a look again at daily technical chart. I notice that the Accumulation/Distribution indicator still growing, which means accumulation (buying). Plus, MACD chart is still showing an up trend with the MACD indicator above its signal line and is indicating further strength. The RSI value is also currently above 50% level but it has not reached the overbought territory. If it clears resistance next week at 3.89 the move may be powerful. PS: Very high call activity has been detected.

Have a great weekend !!!

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: FB, JD, OCN, PGN, SZYM, XOMA, ZNGA

07:39 | Permalink |

Potential breakout setups for next week

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Nuance Communications Inc. (NASDAQ:NUAN) is poised to break this triangle formation and could trade higher. On the upside, it may lead towards 14.60 levels and a breach of this area could force it up towards 15.01 levels. On the other hand, any dip below 14 levels could direct it towards 13.75 levels. The technical daily indicators are looking bullish. The MACD indicator is above the signal line and rising in positive territory. The RSI and slow stochastic are inside their bullish regions.

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King Digital Entertainment PLC (NYSE:KING) The potential inverted head and shoulders pattern is still valid on daily chart but we need a breach of the neckline near 16.45/51 area to confirm. The target of this bullish pattern is the $20.5/21 area, which coincides with the target of JPMorgan. While the RSI shows overbought conditions, current strong momentum likely to continue. Keep on watch for the break on volume and go long.

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Twitter Inc (NYSE:TWTR) has been consolidating after a mid-March surge from around 46 to 51.87 in 5 sessions. The stock is in a bullish flag/channel with price above all moving averages. MACD and RSI are both trending upward on the daily chart. Keep this one on your watch list, it could be setting up to break out of this flag.

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Arca Biopharma Inc (NASDAQ:ABIO) Another one that looks like a potential long opportunity. The stock pulled back on Thursday but did not attract many sellers, the volume was significantly low when compared to the rally seen the day before on Wednesday. From a technical stanpoint, the stock seems to be forming a Bullish inverted Head and Shoulders pattern with the neckline near the DT line. Additionally it has an up-trending MACD, indicating accumulation and the accumulation/distribution line also spiked higher on Wednesday. I believe the stock is on it's way to go break its 200-day EMA, which could accelerate the move up and the breakout. My stop loss on this will be the 0.70 level.

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Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) had a remarkable rally Thursday on solid volume. Watch this downtrend line carefully here. A move above $15.35 (20-day EMA & DT) could spark a nice short-squeeze.

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JD (NASDAQ:JD) Technical daily chart looks pretty good. Accumulation continues to trend higher despite recent pullback. A break of this small bull flag would target a move to 31 on a continuation higher. Initial stop loss should be set below the 20-day EMA in 28.9 area.

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NetApp Inc. (NASDAQ:NTAP) After getting punished lower in the past four months, the price has been stabilizing and starting to build optimism along with the RSI giving positive signals. 35.88/36 zone is pretty much the pivot here. If it breaks and close above, we could see 37.50 quickly.

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On the daily time frame, I would like to point out some interesting signals on the long-term chart for Rambus Inc. (NASDAQ:RMBS). We have a potential "W" bottom here with the Accumulation/ Distribution line making new highs. This suggests that the stock has been accumulated for the last 3 months. Watch for a break this flag to enter longs for a 13.3/50 price target in the near term.

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VirnetX Holding Corporation (NYSEMKT:VHC) stock showed buying strength all day on Thursday and has regained the 100-day exponential moving average for the first time in over 3 weeks. If it breaks Thursday's high next week then expect $6.9-7 on upside as indicators showing signs of reversal. Stop loss 5.83

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: ABIO, ASPS, JD, KING, NTAP, NUAN, RMBS, TWTR, VHC

11:23 | Permalink |

AC Investor Blog

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

Saturday, June 29, 2019

Good Setups to watch next week, including China names

Saturday, February 23, 2019

Some stocks to watch next week

Thursday, October 20, 2016

My Watchlist for Friday, October 21

Monday, November 23, 2015

Stocks to Watch for November 24, 2015

Saturday, November 21, 2015

Stocks to Watch for November 23, 2015

Saturday, June 13, 2015

Stocks to keep an eye on June 15, 2015

Friday, April 03, 2015

Potential breakout setups for next week

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