AC Investor Blog

Stocks to keep an eye on June 17, 2015

( click to enlarge )

The daily technical chart of Second Sight Medical Products Inc (NASDAQ:EYES) suggests that the stock could be on the verge of breaking out from a three-month Cup with Handle formation. This is a bullish pattern and once price breaks out of the neckline, it would give a target of around $20. Technically speaking, the stock is showing some strength along with the momentum. Adding to my conviction is that the stock continues to trade above all the exp moving averages and specially the ever critical 200-EMA which is now located at 12.92. Long setup on watch.

( click to enlarge )

Boingo Wireless Inc (NASDAQ:WIFI) had a nice surge a few weeks ago and has been in the process of consolidating. Breakout over $9.20 for a daytrade.

( click to enlarge )

Ocwen Financial Corp (NYSE:OCN) I am still convinced that a big breakout is coming sooner or later and the move will be powerful if it breaks out upwards, due to the high short interest.

( click to enlarge )

Voltari Corp (NASDAQ:VLTC) Ready for a big move. MACD indicator began showing signs of reversal, and a break above resistance at 7.50 would open the door for a rally to test the recent highs.

( click to enlarge )

ITT Educational Services, Inc. (NYSE:ESI) Good for swing trade. After Friday’s pocket pivot move up through the 50-day EMA, the stock continues to hold this key support line, that opens the door to an eventual retest of the 6.3-6.60 area.

( click to enlarge )

Lumber Liquidators Holdings Inc (NYSE:LL) appears to be poised for a nice bounce off this bottom. The rising MACD may be an early sign of trend reversal. The company has been making headlines lately with some major announcements. On watch.

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: ESI, EYES, LL, OCN, VLTC, WIFI

22:25 | Permalink |

Stocks to keep an eye on April 21, 2015

( click to enlarge )

MEI Pharma Inc (NASDAQ:MEIP) is one for the bottom pickers. The price entered within the gap area and a short-term rally is expected. The RSI is bouncing off 30 and the A/D is turnings up showing money is flowing into the stock. At this point, short-term traders may prefer long-positions towards a potential next target around 3.50. A reversal may be on the way.

( click to enlarge )

It looks like Geron Corporation (NASDAQ:GERN) is starting to turn back up and indicators are giving the first bullish signs. I am looking to see this stock re-test its March highs shortly.

( click to enlarge )

Lumber Liquidators Holdings Inc (NYSE:LL) initiated after hours by Cantor Fitzgerald with a $45 target and Buy rating. Nearest resistance for the stock is at 34.05. If this level is crossed and the stock is able to sustain above this level, then it might go to 35.18

( click to enlarge )

TubeMogul Inc (NASDAQ:TUBE) Keep an eye on this one, setting up to break this resistance area. Next buy point 15.95 on volume.

( click to enlarge )

The Rubicon Project Inc (NYSE:RUBI) Momentum has turned bullish and a break above resistance at 18.40 would open the door for a rally to 20.

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: GERN, LL, MEIP, RUBI, TUBE

22:28 | Permalink |

Stocks to keep an eye on April 10, 2015

( click to enlarge )

Cirrus Logic, Inc. (NASDAQ:CRUS) is still holding up well and the price has a chance to move higher. Keep this one on your watch list, it could be setting up to break out of this flag.

( click to enlarge )

VirnetX Holding Corporation (NYSEMKT:VHC) continues to trade within a large ascending channel with the lower and upper boundaries at 6.26 and 8.72 respectively. I still think this is a nice long setup. In the short-term there is a minor resistance around the $7 level. If it crosses that, we might see 8-8.30 in next week or so. The RSI continues to move up and the MACD indicator is also turning back up.

( click to enlarge )

AK Steel Holding Corporation (NYSE:AKS) looks poised for a break to the upside IMHO. The price has been holding a tight range. Long over 4.65 for a target of 5 with stop loss of 4.26. Daily technical indicators are looking bullish. The MACD is above its signal line and both are moving up in positive territory. RSI and slow stochastic are both near their bullish zones. Long setup.

( click to enlarge )

Lumber Liquidators Holdings Inc (NYSE:LL) is setting up nicely for a move higher. If it breaks the downtrend line with some good volume, we could see 37 quickly.

( click to enlarge )

Pacific Ethanol Inc (NASDAQ:PEIX) is building a nice Bullish pattern under the 200-day EMA (located now at 11.66). Watch for a break through that price level to indicate that another push higher will occur. In the medium-term, the technical daily chart still shows bullish sign as the stock is trading above both 20-day and 50-day EMAs with MACD rising in Bullish territory.

( click to enlarge )

Plug Power Inc (NASDAQ:PLUG) is in the process of bottoming and I expect a pop above $2.75 at some point in the coming sessions. From a technical standpoint, the MACD just crossed above signal and the RSI is showing some strength in this movement.

( click to enlarge )

Ibio Inc (NYSEMKT:IBIO) jumped up by 32% today and closed at $1.05 share on strong money flow. This will be a stock to watch going forward.

Benzinga Professional is my streaming platform. It is still available for you with a symbolic cost of just $ 1 for the first month. This is one of the best programs to use on a daily basis and that easily pays for itself. Just click on the image above and get started TODAY!.

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: AKS, CRUS, IBIO, LL, PEIX, PLUG, VHC

22:21 | Permalink |

Stocks to keep an eye on April 01, 2015

( click to enlarge )

King Digital Entertainment PLC (NYSE:KING) is one of my favorite stocks in the gaming sector. In a research note published in the mid of this month, JPMorgan reiterated an overweight rating and set a $20 price target on shares, citing that the company will experience a significant growth this year with a strong outlook on the Candy franchise and potential game launches. Additionally, the analyst Doug Anmuth raised the 2015 EPS estimate from $1.99 to $2.03. From a technical standpoint, I continue to see a potential Inverted Head and Shoulders pattern on daily. The stock closed above the $16 level today on high volume and is registering a strong Bullish signal on MACD. Let’s see whether the price can gather enough momentum to break through the neckline at $16.52. If the Bulls are able to push through this level, there will be another rally towards $17. The target of this possible inverted head and shoulder pattern is around $21.

( click to enlarge )

Rosetta Genomics Ltd. (NASDAQ:ROSG) had a nice surge a few weeks ago and has been in a correction mode. The stock is displaying upside momentum again and is poised to move higher from these levels. Nearest resistance for the stock is at $3.25 (200EMA). If this level is crossed and the stock is able to sustain above this level, then it might go to $3.75. Short-term technical indicators are improving and MACD is about to trigger a buy signal while RSI is neutral at 49. Keep an eye on ROSG tomorrow.

( click to enlarge )

Shares of PhotoMedex Inc (NASDAQ:PHMD) soar today on good news. The US Federal Court dismisses suit against the company. The stock closed again above the $2 level on decent volume, a buy signal and an indication that the price may have finally reached its bottom. Next resistance level is $2.58 (100-day EMA). I will keep on eye on this stock tomorrow.

( click to enlarge )

Genetic Technologies Limited (NASDAQ:GENE) Good pattern and accumulation here, but I need to see further upside confirmation before adding a new long position.

( click to enlarge )

Second Sight Medical Products Inc (NASDAQ:EYES) is another stock I am watching closely. It can pop big time on any positive news. The technical daily chart is showing a possible falling wedge pattern. In addition, %K line has just crossed on top over %D line showing a buy signal as ROC is at oversold level. MACD Histogram is also showing positive divergences. This is a bullish pattern that requires confirmation with an upside breakout.

( click to enlarge )

Ambarella Inc (NASDAQ:AMBA) made a new 52-week high today, hitting $77.39, before closing the day at $75.71. I will watch the stock price tomorrow and buy above Tuesday’s high.

( click to enlarge )

Lumber Liquidators Holdings Inc (NYSE:LL) is recovering quickly from its recent bottom with MACD moving upwards. The stock looks like it wants to breakout of this small range, but has not been able to gain the needed momentum. You should keep this stock on your screen radar.

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, EYES, GENE, KING, LL, PHMD, ROSG

23:00 | Permalink |

Stocks to keep an eye on March 23, 2015

( click to enlarge )

ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) continued its bullish run last week. The stock broke out on Friday and made a new 52-week high of $14.40 but failed to close above this level at the close, not a good technical signal. However, I'm keeping the stock on the list for the continuation move. As long as it holds above the $13.18 support level (13EMA) the intermediate-term picture should remain positive. Technical daily indicators are looking a little weak. MACD is positive, but has crossed below its signal line and the RSI is showing signs of falling from its overbought zone again. Some more consolidation/correction is likely. Use the 13-day EMA as your stop loss.

( click to enlarge )

Herbalife Ltd. (NYSE:HLF) was another winner for my readers/twitter followers this week. The stock might face a period of sideways action around the $43 level (200EMA) while it consolidates the gains booked in the last trading sessions. Once this level is crossed with good volumes, the stock can go to $48. Technically, daily indicators are bullish but looking overbought now. The MACD is rising above its signal line in positive territory and RSI hit the overbought zone.

( click to enlarge )

Lumber Liquidators Holdings Inc (NYSE:LL) The chart shows the stock is extremely oversold at this price level. Volume picked up a bit on Friday the daily MACD is starting to curl up, suggesting that a positive crossover could be coming soon. Bargain hunters may want to accumulate LL stock at current levels and wait for it to trade out of the oversold conditions in the coming days.

( click to enlarge )

King Digital Entertainment PLC (NYSE:KING) tried to break down on Friday but buyers came in to support and the price closed near highs of the session. This is an excellent bullish sign, which is why I'll be watching the stock on Monday. Resistance for this move is $15.88, which was the high from last Monday. KING will move very quickly, so keep it on your screen next week.

( click to enlarge )

Oasis Petroleum Inc. (NYSE:OAS) The stock was on my list a few days ago, and has been slowly trying to make a move up. The stock has to close above the 20-day EMA, for it to pick up momentum. Daily technical indicators are displaying positive divergences. Slow stochastic is moving up from the oversold zone, suggesting that a bounce might take place and the daily MACD is giving the same signal. Watch the stock closely next week.

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: HLF, KING, LL, OAS, ZIOP

08:06 | Permalink |

AC Investor Blog

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

Tuesday, June 16, 2015

Stocks to keep an eye on June 17, 2015

Monday, April 20, 2015

Stocks to keep an eye on April 21, 2015

Thursday, April 09, 2015

Stocks to keep an eye on April 10, 2015

Tuesday, March 31, 2015

Stocks to keep an eye on April 01, 2015

Saturday, March 21, 2015

Stocks to keep an eye on March 23, 2015

About Me

FREE NEWSLETTER

Support AC

Follow me

Advertising

PREVIOUS POSTS

TRANSLATOR

Site Information

Stock Market Blogroll

Friends BLOGROLL

ARCHIVES