AC Investor Blog

Swing trade ideas and stock charts for the coming week

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Slack Technologies (NYSE:WORK) is nearing a key resistance level that has contained prices on two occasions in the last sessions. Considering the recent strong momentum, I think the stock looks set to break higher and rise above its rising 50-day EMA. The immediate support level is located at 25.06 followed by 24.41. Keep this stock in your radar list.

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Shares of Synthesis Energy Systems, Inc. (NASDAQ:SES) soared 191% to $5.25 per share after the company announced it purchased Australian Future Energy in all-stock deal worth $36M. Although the stock has been in weak market for the past few months, yesterday rally shows the stock is back on uptrend on rising MACD and RSI. With MACD now barely hit above 0, we probably will see more positive action coming from the stock. Long setup on watch. Any close above the green line (EMA200) will confirm the trend change.

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Based on the daily chart above, I feel Arcadia Biosciences Inc (NASDAQ:RKDA) stock is well over due for a counter trend rally, and I think it could see $6.5 or better if investor interest comes back into this stock. This stock was trading over $10 a share less than two months ago. From a technical standpoint, MACD is curling up and the RSI is in the oversold region, showing some signs of reversal. Thus, a strong reversal over the coming days is expected. This is the perfect stock to expect a SES type-move.

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I think it's time to reconsider adding Onconova Therapeutics Inc (NASDAQ:ONTX) to your portfolio for a potential big bounce. The company is now well-funded for the coming months with the recent offering at $1.60 and after the HanX Biopharmaceuticals deal. I started accumulating the stock. From a technical standpoint, MACD has generated a bullish alert and the RSI is in the extremely oversold region, a volatility squeeze seems eminent. Technicals are showing positive divergences supported by rising MACD and Slow Sto on the daily charts. Plus, there is a gap to fill over1.3

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VISTA OIL & GAS/S ADR (NYSE:VIST) Friday's breakout on strong volume is highly noteworthy and this stock should be added to your watch-list for consideration when the uptrend resumes.

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Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) is looking quite good here for higher prices. I'm watching closely this tiny float stock for a breakout above 3.95, as the stock has been basing nicely.

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The share price of Whiting Petroleum Corp (NYSE:WLL) is showing signs of a potential reversal. Clear break above 7.73 (EMA20) could trigger further bullish recovery testing the 8.56 area.

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Scworx Corp (NASDAQ:WORX) There are some signs of a possible bounce at this point due to the oversold conditions and some positive divergences on daily MACD, which often leads to short covering. A reversal may be on the way. Im long. This stock has a history of massive rallies at major supports.

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Enlivex Therapeutics Ltd (NASDAQ:ENLV) has been in a tremendous tailspin the last three weeks. It has seen a bevy of selling bring the stock to fresh new lows for the year and i cant find "news" that could justify the scale of decline. I took a long position on stock last week, because i believe we could see a sharp rally out of these extreme oversold conditions.

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AMD (NASDAQ:AMD) Another stock with a nice look. Resistance Breakout. Go long on the break of Friday’s high at 30.20. MACD crossover and RSI could help it get into 32's again.

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I have LYFT Inc (NASDAQ:LYFT) on my watchlist for next week. It might attempt to breakout above $40.31 level again and if it succeed we should expect a strong move to the 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: AMD, ENLV, LYFT, ONTX, RKDA, SES, TTPH, VIST, WLL, WORK, WORX

15:44 | Permalink |

Chart setups on my watchlist for next week

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Outlook Therapeutics Inc (NASDAQ: OTLK) closed Friday with a nice big bullish engulfing candle on decent volume, looking good to go higher. Long over 2.49

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Pinterest Inc (NYSE: PINS) is setting up to take this resistance over 28 out.

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BlackBerry Ltd (NYSE: BB) Pulling back on very low volume to test the downtrend line (previous resistance, now support), if it holds it looks good to test/break the EMA200 in the coming sessions.

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Antares Pharma Inc (NASDAQ: ATRS) Keep on watch, looks like this one wants to break through this key resistance zone. We have now MACD above zero line and RSI above 50% levels, indicating the stock is in a bullish trend.

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Maxar Technologies Inc (NYSE: MAXR) is currently breaking out of a base formation and the probability is that it will move up in the next sessions. Momentum indicators are slightly bullish now with RSI inching away above the middle level. Long over 6.87

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LYFT Inc (NASDAQ: LYFT) The new short-term bullish trend looks good. Key resistance is located at 63, a break and close above this level will confirm the bullish trend and the following uptrend will take price up to 70/72.5 zone. Momentum picking up with MACD climbing and RSI rising. Stop 55.5

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Adomani Inc (NASDAQ: ADOM) is showing signs of significant share accumulation. I expect the stock to begin its ascent back to recent highs of $.45-$.48 before ultimately breaking and surpassing $.51

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There is a potential breakout scenario developing on chart of Arca Biopharma Inc (NASDAQ: ABIO) The stock has fallen from over $8.8 to $6.4 and looks to be bottoming. I think this stock could see some strong upside over the coming days and weeks.

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This former runner is getting some attention by institutions again (two SC 13G reported last week). As I always say, follow the money, and right now that money is flowing into DelMar Pharmaceuticals Inc (NASDAQ: DMPI) as chart shows. With MACD crossing up, this stock could be in for a sharp rally.

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, ADOM, ATRS, BB, DMPI, LYFT, MAXR, OTLK, PINS

21:34 | Permalink |

My hot stock watchlist for Monday

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AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO) Rallied hard Friday on heavy volume breaking several key resistances areas. If it clears back over 99c next week, may have some good upside. I tweeted my alert around 72c (real-time trading). Congrats to those who paid attention. Dont forget to follow me on twitter and Stocktwits. All are welcome, be respectful, and be positive.

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Las Vegas Sands (NYSE: LVS) A Doji candlestick has formed on a key support zone. This candlestick formation means that market is currently unsure about future movements and is waiting for other signals, basically there is an indecision between bulls and bears, which at extreme oversold levels could indicate that a short cover rally is on the cards. We might see a bounce from current levels.

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Bridgeline Digital Inc (NASDAQ: BLIN) many people dont like this name due to the dilution history, but im here to trade and make money based on TA. When there is an opportunity to make money, bargain hunters will take it. Looking at the daily chart, there are some signs of a possible bounce at this point due to the extreme oversold conditions and some positive divergences on MACD Hist, which often leads to short covering. CMF is also turning up, which means money is flowing again into the stock. A reversal may be on the way. I took a long position before the close.

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Stellar Biotechnologies Inc (NASDAQ: SBOT) Long-term old alert. Patience always pays off guys. Sold all my position yesterday.

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Ocean Power Technologies Inc (NASDAQ: OPTT) we start to see now some signals of rebound as the chart shows positive momentum is back. Nearest resistance for the stock is at $2.32. If this level is crossed and the stock is able to sustain above this level, then it might go to $2.79

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Beyond Meat Inc (NASDAQ: BYND) Nice setup here. Big rally in the final hour on Friday. Over 105 like it to test the highs. Keep it on watch.

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Barrick Gold (NYSE: GOLD) broke out from a descending channel with huge volume creating a significant amount of bullish potential. 200EMA is the resistance for the next upside move. If the stock can break through this level, we should see a strong move. Long setup on wacth.

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LYFT Inc (NASDAQ: LYFT) had a nice rebound a few weeks ago and has been consolidating. The stock is displaying upside momentum again and is poised to move higher from these levels. Nearest resistance is at $58.80. If this level is crossed and the stock is able to sustain above this level, then it might go to $62

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Ocular Therapeutix Inc (NASDAQ: OCUL) successfully close above its 9 and 13-day exp moving average on very impressive money volume. This is a very bullish development. Short-term technical indicators are strong. If the stock can break $3, we should see a strong follow through move.

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Melinta Therapeutics Inc (NASDAQ: MLNT) just another company in the small bio land trading at bargain prices with more than $9 per share in cash. Watching for $2.28 breakout. All 2-hour indicators are in favor of an upward price movement.

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, BLIN, BYND, GOLD, LVS, LYFT, MLNT, OCUL, OPTT, SBOT

18:29 | Permalink |

12 stock charts to watch next week

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Viking Therapeutics Inc (NASDAQ: VKTX) surged 1.43, or 16.8%, Friday on higher-than-average volume and finished at its highest close in more than three months. It closed at 9.94, substantially above key resistance at 9.37, confirming the breakout. Im looking for a move towards the $11 area in the next couple of days. Technically, any pullback to pivot is a good entry point (Note: i booked profits abv 10.2 but i want enter to enter again on any pullback)

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Nio Inc - ADR (NYSE: NIO) ready to move off support? Stock has been holding up at $5 the last few days after a dramatic decline from well over $10 a share this month. I think any close above the 5.19 level in could be the recipe for a bullish reversal higher.

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Superconductor Technologies, Inc. (NASDAQ: SCON) lets see if we can get a move back over $1.80. Volume history shows this stock doesn't need too much buying pressure to rise fast. I went long on Friday. Could pop over 1.56 (former runner)

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ConforMIS Inc (NASDAQ: CFMS) continues to impress, now consolidating within an ascending triangle. Fresh exposures may be considered on a move past $2.95, with a stop-loss at $2.65

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Blackberry (NYSE: BB) broke resistance with a maissive volume move on Friday after the company reported earnings that beat Wall Street's expectations. Increased volume at the break-out supports the bullish trend going forward. Technically, a buy on any dip.

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Lyft (NASDAQ: LYFT) The 5-m chart of the first day of trading. Only a break of $80 could regain the short-term bullish momentum.

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Gevo Inc (NASDAQ: GEVO) could see $2.50 in the next few days and depending on a few variables (Including news) this stock could soar even higher. This is a stock that is still flying under the radar of so many traders. I think right now GEVO is forming a solid base for a substantial bounce.

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I said in the beginning of the month that AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO) could be set up for a technical breakout and so far we've seen just that. After falling from $2 to penny status, investors are slowly starting to recognize the potential of this stock. The symbol is buzzing on social media again, and from what we've seen so far, this stock could be far from done. Im keeping a close eye for any type of minor pull-back for the potential of another and possibly much stronger rally. Congrats if you've already made this a great winner. Stay tuned for more.

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Cleveland-Cliffs Inc (NYSE: CLF) deserves some attention next week. Price action is moving within a descending channel or bullisg flag pattern testing the upper trend line for a breakout to move back north. The MACD is also displaying a positive divergence, but we need to see a clear solid bullish signal cross, which would occur if price breaches 10.2 A break above that area could trigger further bullish momentum and keep the bullish scenario intact.

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Limelight Networks (NASDAQ: LLNW) Nice breakout on 3x the daily average volume, positive MACD. Look for a quick run to $3.55

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AEterna Zentaris Inc. (NASDAQ: AEZS) broke out of a large consolidation period. Volume was decent on signaling that this move should hold. The technical chart above shows a continuation of the trend with MACD and RSI in the Bullish areas. The stock is in a strong bull market with both 50 day and 200 day exp moving average going up. Long setup.

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Regulus Therapeutics Inc (NASDAQ: RGLS) Another great setup for bottom lovers. The stock has been in a downtrend the past few days, but could have found a bottom at these levels. Notice accumulation volume has been ramping up lately. If the stock can break through Wednesday’s high of $1.11, we should see a strong follow through move. Keep watching RGLS for a possible strong bounce from current levels.

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: AEZS, AVEO, BB, CFMS, CLF, GEVO, LLNW, LYFT, NIO, RGLS, SCON, VKTX

08:43 | Permalink |

AC Investor Blog

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

Saturday, October 12, 2019

Swing trade ideas and stock charts for the coming week

Sunday, June 16, 2019

Chart setups on my watchlist for next week

Saturday, June 01, 2019

My hot stock watchlist for Monday

Saturday, March 30, 2019

12 stock charts to watch next week

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