-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

Saturday, June 26, 2021 

8 Chart set-ups to watch next week

 

( click to enlarge )

China Finance Online Co. (NASDAQ:JRJC) The daily technical chart shows a stock that is right on the cusp of a big breakout. If JRJC can break through the $11 price level (primary downtrend line) on volume, then I think the March highs at 16.70 could be well within reach. Yesterday, the volume was much higher than it has been the last few weeks. Interest in the stock is starting to grow and the China low float mania could send it again to $20's. Technical daily indicators are also pointing up. The ingredients are here for a nice move. Plus, let's not forget about the low float this stock has and the recent report of Morgan Stanely 5% stake. Keep her on your watch list the next few days. As always, I am not compensated for this post on my blog.

( click to enlarge )

U.S. Energy Corp (NASDAQ:USEG) has been trading in a bull flag formation above its all major EMAs. With the strong oil prices I think this stock has a good chance at trading higher going forward. I'm still liking and holding a long position.

( click to enlarge )

Wish (NASDAQ:WISH) A very bullish technical chart formation could mean shares are ready for another big breakout to the upside. Breakout watch $15

( click to enlarge )

Livexlive Media Inc (NASDAQ:LIVX) Friday's high volume could be the start of a new leg higher for this stock. I do think this $4.5 stock will bounce back over $5.70

( click to enlarge )

I really like  Gaucho Group Holdings Inc (NASDAQ:VINO) for a sharp rebound over the next few trading days. This was a $9 stock less than 2 weeks ago and once it starts to squeeze higher there is really no telling exactly where it will go. I still feel a push to $9 - $10 is entirely possible.

( click to enlarge )

Sierra Oncology Inc (NASDAQ:SRRA) continued its bullish trend on Friday. The stock price is inching closer and closer to another breakout move. 20.43 is the level to watch for a breakout.

( click to enlarge )

Xeris Pharmaceuticals Inc (NASDAQ:XERS) It was mentioned last week as a potential breakout play and it did not disappoint us. The stock finally broke above the key resistance line of this sideways pattern yesterday on a move up 49 cents to $4.81. The volume was what we want to see when a stock breaks resistance. Let the 200-day EMA (yellow line) be your guide.

( click to enlarge )

Wunong Net Technology Co Ltd (NASDAQ:WNW) is gaining momentum. We have all seen how quickly this stock can head higher, when the buyers come. I believe it is ready to post a nice bounce and I do not see any resistance on the technical chart until $13.35

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: , , , , , , ,

Bookmark and Share

13:50 | |

Saturday, November 21, 2020 

Stocks on my top watchlist for potential swing trades next week

 

( click to enlarge )

Pizza Inn (NASDAQ:RAVE) broke out of a bottom consolidation yesterday, jumping 15% on decent volume, reclaiming the declining 200-day EMA. Definitely one to watch on Monday. Possible gapper candidate. A growing number of individual cities are locking down partially their citizens again in a bid to curb the explosion in COVID-19 infections, so I think the delivery food sector will start moving again. From a technical standpoint, the stock closed above its 200-day EMAs for the first time in months and all short-term EMAs are turning up. Daily technical indicators are also in bullish zones showing upward momentum. As you can see on chart, if it breaks the 1.10 area a vertical move to $2 is likely.

( click to enlarge )

Dolphin Entertainment Inc (NASDAQ:DLPN) As you can see on the daily chart, volume is starting to come back and with it some positive price movement. We could be looking at the beginning of the next rally. Could pop over 75c. Daily technical indicators are turning bullish. Let's see what next week brings.

( click to enlarge )

Waitr Holdings Inc (NASDAQ:WTRH) not only broke the descending channel pattern on the daily chart that has been formed since the price reached the highs of 5.85, it also managed to reach the 3.90 area yesterday. I tweeted a potential big move in this name several times on Twitter last week, especially in the last two days. Any pullback to the former level will provide a buying opportunity for WTRH investors.

( click to enlarge )

Tilray Inc (NASDAQ:TLRY) Yesterday’s stock action confirmed the strength that appeared the day before yesterday. The pullback seems over on the daily chart. Buying dip is the name of the game now. Cannabis sector is also gaining momentum again. The 7.61 level is the current resistance for TLRY. If the stock breaks above this area, a confirmed buy signal will be triggered and my target will be set around 8.60 initially. I expect TLRY to even reach higher targets. Long setup on watch.

( click to enlarge )

OLB Group Inc (NASDAQ:OLB) If we look at the daily chart of this recent IPO play we will find a beautiful shape (rounding bottom pattern), a stock that attracts you to buy it. If the breakout above 4.40 (yesterday's high) is confirmed OLB can easily reach 5.2 due to its low float, which is a 20% increase in price. Money seems to be flowing back into the MJ sector again. This company Offers Payment Processing Options for Cannabis and CBD Merchants. As I always say, follow the money and the money looks to be flowing into this small one.

( click to enlarge )

China Finance Online Co. (NASDAQ:JRJC) Looking at this daily chart, it looks like a cup-and-handle formation, which could be construed as bullish. A confirmed breakout above 10 will lead to a renewed rise as we were expecting with a target around 15. While RSI is signaling a slightly bullish status, the ADX is gaining in traction and pointing highly upwards, signaling an upward trend. After over five weeks of remaining sub $10, JRJC could be in the early stages of a big rally. At some point the trader community will catch onto this. This stock will move quickly, so keep it on your screen next week. NOTE: Yesterday another China KXIN gained more than 100%, as i always say, it's just a matter of time.

( click to enlarge )

Platinum Group Metals Limited (NYSEAMERICAN:PLG) broke out to the upside of a flag formation on heavy volume, thus confirming its trend reversal. Could be more gains ahead for stock.

( click to enlarge )

OPKO Health (NASDAQ:OPK) The call options have been very active in this name in recent days, showing a more bullish stance. The 4.05 area is the major resistance for the stock. Those who want to enter the stock are recommended to step in at the breakout on volume. Such a breakout will lead to a strong rally on shares targeting initially the 4.76 level. Long setup on watch.

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: , , , , , , ,

Bookmark and Share

12:42 | |

Sunday, October 08, 2017 

My Watchlist for Monday, October 9

( click to enlarge )

BlackBerry Ltd (NASDAQ:BBRY) is forming a bullish flag pattern on the daily time frame. If the price breaks this pattern, then it could easily move towards its next major resistance level at 11.74. The stock is trading above all major exponential moving averages which means that the bulls are completely in control and therefore, there are definitely more odds stacked in favour of breaking this classic bullish flag pattern.

( click to enlarge )

Last week VirnetX Holding Corporation (NYSEAMERICAN:VHC) stock has finally broken its large sideways pattern on a daily time frame accompanied with massive volume. Although the RSI is now in overbought territory, it does not mean that a correction is imminent, but any pullback should find support around the $7 level. In the medium term, there is a high probability for a trend continuation.

( click to enlarge )

I am still holding a long position on Microbot Medical Inc (NASDAQ:MBOT). On the daily time frame, it seems to be forming an inverted Head and shoulders pattern whose neckline is placed at 1.54 and an upside breakout will take the stock to $2 in the near future. Shares saw unusual volume in Friday's after-hours trading after some rumors that the company may announce major partnership with Johnson & Johnson ( here is the Source ). You should keep this stock on your screen radar tomorrow.

( click to enlarge )

ImmunoCellular Therapeutics Ltd (NYSEAMERICAN:IMUC) looks like it could ready to break out! The stock has gained momentum following a consolidation in the past three months, which i believe could have eliminated many of the sellers. On Friday the stock closed 6.6% higher to 40c and the rally was driven on higher-than-average volume and positive money flow. Plus, key indicators are also in Bullish territory. MACD above both the zero line and its signal line. Considering the recent increase in volume (last two sessions), the stock seems positioned for a strong uptick in share prices. If it breaks the 42c resistance level, the next stop is at 66c.

( click to enlarge )

China Finance Online Co. (NASDAQ:JRJC) price finally closed above the pivot high last week, breaking the upper line of the bullish flag formation that has been intact since mid-August. The Bullish sentiment could push the stock price to the next key resistance of $2.80. The technical indicators are also sending Bullish signals. On watch.

( click to enlarge )

LiNiu Technology Group (NASDAQ:LINU) broke out on the up side and rallied quickly to near the $3.20 level on high volumes. Short-term technical indicators are looking bullish and the MACD on the daily chart recently produced a new buy signal. This is a high volatile stock so play with tight stops.

( click to enlarge )

Vical Incorporated (NASDAQ:VICL) looks like a possible V-Bounce candidate next week. Technical chart is displaying upside momentum again. I will be watching this stock closely on Monday. If it breaks the 2.71 level, we could see a sharp move up towards 3.2 levels over the next week.

( click to enlarge )

Herbalife Ltd. (NYSE:HLF) had a big pop on Friday and finally broke out above the key resistance level. With a short interest so high, we could see a short squeeze here. Daily technical indicators are also looking Bullish with the RSI indicator rising while the MACD is cutting above its signal line. Keep it on your watch list going forward.

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: , , , , , ,

Bookmark and Share

10:24 | |

Wednesday, August 20, 2014 

Stocks to Watch for Aug 21, 2014

( click to enlarge )

BlackBerry Ltd (NASDAQ:BBRY) closed on Wednesday at 10.16, gaining 3.15% with 11M shares changing hands. The stock continues to maintain positive trend showing a smart recovery of 15% from the recent low backed by positive moves of trend and momentum. The stock price is likely to test next resistance at 10.44, before showing further up side. Long setup.

( click to enlarge )

China Finance Online Co. (NASDAQ:JRJC) Nice price movement on high volume today , looks ready to break out into new high territory tomorrow. It's important to maintain tight stops on this one in case of a false breakout.

( click to enlarge )

China Techfaith Wireless Comm. Tech. Ltd (NASDAQ:CNTF) Another China stock that looks like it will break out soon, watch this triangle and act accordingly. Volume is starting to build and the stock price may make an attempt to break this triangle. I’m looking for a gap up at the open above $1.50

( click to enlarge )

Gulf Resources, Inc. (NASDAQ:GURE) gave us a nice move on Wednesday, which could be the start of a bigger move IMO. If the stock price can break through the $2.09 level, we should see a strong follow through move. This move would break the trading range, and should drive the stock back towards July highs.

( click to enlarge )

Biostar Pharmaceuticals Inc (NASDAQ:BSPM) Stock broke through resistance at $1.79 accompanied with high volume. We should be able to see some decent upside movement for the bulls here.

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: , , , ,

Bookmark and Share

22:23 | |

Thursday, November 08, 2007 

SELL-OFF on the table, but some stocks resisted

Chart courtesy of stockcharts

You probably can not believe but today RIMM closed GREEN again, reaching also during the regular trading session a new 52 week high at $137.01 , but closing far from this level at $133.03. One of the reasons behind this movement, it was the upgrade price target from RBC that raised RIMM price target to $180 from $120. Stock have reached overbought conditions, so at these levels we should have some cautions.

Chart courtesy of stockcharts

LVLT - In a day likes today, stock have demonstrated a lot of strength to sustain the selling pressure, closing again above $3. Insider buying are very active, keep an eye on this factor, that are putting some worries on Bears.

Chart courtesy of stockcharts

Look at this chart, amazing !! From $5 in June to $44 now !! China Finance Online shares are now stabilizing recent gains trading in a long sideway since the end of September, so keep an eye on this hot stock for a possible breakout of the range.

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

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

AC

Labels: , ,

Bookmark and Share

01:07 | |

Contact

About Me

    Photobucket

  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

    • Benzinga.com supporter

    Benzinga.com supporter



    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Follow me

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    PREVIOUS POSTS

    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google