AC Investor Blog

Interesting setups that you should watch next week

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Overstock com (NASDAQ:OSTK) broke the downtrend line with a nice volume and 9 &13 EMA to the upside and as long as $13 level holds we see upside continuation. Yesterday, bulliish candle on a read market confirms the strength of bulls and it gives us a buyl opportunity. MACD and RSI also confirms the price reversal. Next major resistance lies at 15.61 (EMA50)

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Co-Diagnostics Inc (NASDAQ: CODX) The price broke the downtrend line and moved above the short-term EMAs. It gives us a signal that the stock becomes bullish and we have to search for buy opportunities. The bullish divergence on indicators also tells us about possible trend reversal. DMI is turning positive just as MACD has already done. It appears a reversal to the upside is underway. This stock should be able to rally into the gap zone. I entered long last week.

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Biopharmx Corp (NYSEAMERICAN: BPMX) is still in bottoming mode it looks like. The technical indicators are looking better now for the stock. The daily MACD is starting to rise, confirming a bullish divergence has taken form. As I mentioned earlier on twiiter, BPMX has had days when it exploded out-of-the-gates and made tremendous gains. We know that past performance is not always a guarantee of future performance, but we could learn from how BPMX has reacted in the past when it reaches extreme oversold conditions and in the past this stock has made double-digit moves upwards within one day. The stock has the potential to make a big run next week, so keep a close eye on it and don’t miss the trade. As i tweeted, im long.

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Marathon Patent Group Inc (NASDAQ: MARA) had a great move on the upside Friday, fueled by the strength of Bitcoin and closed at $2.92. The stock is setting up to break out and has one more level to go, which is $3.05

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Cool Holdings Inc (NASDAQ: AWSM) broke out from a falling wedge pattern accompanied with high volume. We should be able to see some decent upside movement for the bulls here. A positive MACD cross has occurred and RSI is moving up strongly. Next immediate resistance lies at 3.66 (EMA200).

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Village Farms International Inc (NASDAQ: VFF) price broke a consolidation resistance line with heavy volume. The technical daily chart shows buyers are back. With the surge this week %K line is again on top over %D line showing the stock is back to new rally. Also +DI crossed above -DI. A move towards $14 can be expected as long as $11 holds.

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Mustang Bio Inc (NASDAQ: MBIO) wants to break out and move higher. If we close above 4.5, we can run to 5 easily.

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Workhorse Group Inc (NASDAQ: WKHS) I think stock should pullback to $1.73 per share before making the next move. If support holds, then it'll advance again to a new high, but if support fails, then the next level of support is at $1.57. Any fall below this level will ring my alarm bells and would signal a definite reversal.

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Uber (NYSE: UBER) The first IPO day was a huge disappoint as expected. Stock needs to hold the $41 in order to avoid another sell-off.

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: AWSM, BPMX, CODX, MARA, MBIO, OSTK, UBER, VFF, WKHS

16:51 | Permalink |

Stock charts to follow next week

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Shares of Starbucks (NASDAQ: SBUX) reached a new 52 week year high at $69.82 on Friday breaking an important resistance zone. Stock still trading in a strong Bullish Mode as the chart shows. This breakout of a multi-month consolidation brings high probability for a trend continuation in the coming days/weeks.

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Next week keep Ross Stores (NASDAQ: ROST) in your watch list, is close to breaking out (ascending triangle pattern).

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Shares of Lockheed Martin (NYSE: LMT) was up 0.46% to $301,5, stock is now near to break out above resistance $303, however it is in Overbought conditions that probably will limit the movement now. Keep an eye for a possible breakout.

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Charter Communications (NASDAQ: CHTR) Still on my watchlist. It has been in a consolidation over the last five trading sessions in the 335-345 trading range after a big surge in price and volume in January. If the 345 is broken this could be the start of new momentum that could move the stock toward the 360 area.

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ServiceNow (NYSE: NOW) could witness an upside break of the bull flag pattern next week.

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IntelliPharmaCeutics Intl Inc (NASDAQ: IPCI) shares spiked Friday before the close on news that the company got tentative FDA approval of generic Pristiq for treatment of major depressive disorder. The strength of current momentum could extend next week and push the stock above the declining EMA50 at 42c. On watch.

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Coty, Inc. (NYSE: COTY) momo play for next week. It has a nice gap over 9.50. Looking at the daily technical indicators, we have the MACD above Zero Line and RSI Above 60, indicating the stock is in a bullish trend now. We can wait for a bullish flag formation to confirm the bullish momentum next week.

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Cloud Peak Energy Inc. (NYSE: CLD) The technical daily chart shows the recent drop brought new buying opportunity as RSI is back to oversold level while the stock is still above both 20 day and 13 day moving average. MACD signal is rising while K line has just crossed on top over D line showing new buy signal . The institutions, however have been very bullish, with Goldman Sachs purchasing 6.3 million shares and BlackRock increasing its stake by 14% to 10 Million shares in the most recent quarter. Im very surprised by the purchase of these Big boys. I increased my position. Lets see if we break the 49c level next week to see a nice push to next levels at 70c.

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Superconductor Technologies, Inc. (NASDAQ: SCON) starts showing ‘buy' signals again. Although the stock didn't perform well in the last six months, we start to see now some signals of rebound as the technical chart shows positive momentum is back. I'd look to the $1.7 level moving as the next buy point. If it passes that, then we have room to run to next resistance at $2.05-2.2. Let’s keep an eye on SCON

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Marathon Patent Group Inc (NASDAQ: MARA) is approaching again the declining EMA100, which typically acts as resistance, so keep an eye on her for a possible breakout. Beyond that, the above technical chart shows a bullish MACD crossover and RSI which indicate we have some more room to the upside.

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Arcadia Biosciences Inc (NASDAQ: RKDA) has been under accumulation for a couple days now. The volume on accumulation days consistently exceeded the volume on distribution days. That's a bullish sign. The big movement on Tuesday tells me to be patient. I'd stay long and keep a stop just below $3.31. Potential target price of $6. Keep RKDA in your watchlist.

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Alliance One International, Inc. (NYSE: PYX) looks strong enough to move forward. As expected, the stock broke up through its EMA200 and closed above for the first time in months. At this stage, further rally is still possible. The breakout signals a continuation of the prior advance. As long as $17.8 holds on a close basis, this breakout is in great shape. The stock has the potential for a strong follow through, so watch it closely next week.

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: CHTR, CLD, COTY, IPCI, LMT, MARA, NOW, PYX, RKDA, ROST, SBUX, SCON

18:10 | Permalink |

Stocks to watch next week

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The strong move in Cronos Group Inc (NASDAQ: CRON) shares was something that I tweeted on Friday morning. If you were following my twitter account you would have gotten the tweet when the stock was trading at 9.5. It ended the day at $9.94, gaining nearly 17%. If you jumped in and booked your profits, congratulations (nice scalp). The power of Friday's move suggests an upward breakout that could impulse this stock to test the $11 area. Stop 8.86

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Overstock (NASDAQ: OSTK) Some positive divergences on daily charts. We might have seen the bottom. A close above 31.50 could spark another round of momentum buying.

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A great chart since the beginning of June. Interpace Diagnostics Group Inc (NASDAQ: IDXG) was on my bottom scan around 85c and hit a high of $1.39 Friday. A good example of why bottom plays can be lucrative if you buy in at the right time. At this point, the current move should face resistance at 1.8

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Marathon Patent Group Inc (NASDAQ: MARA) There is a possible double-bottom on the daily charts. If the 82c level continues to hold as support, a retracement rally back towards 1.1 looks achievable.

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Seven Stars Cloud Group Inc (NASDAQ: SSC) made a strong upside reversal last week and based on the accumulation days looks like it wants to make a run to new 52-week highs. Watch the stock closely next week, and once it breaks through $5.75, get ready to enter the trade. The technical chart above shows a continuation of the uptrend. MACD and RSI are bullish, although RSI suggests an over-bought condition. SSC can be a volatile stock, so be careful with your share size.

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Advanced Micro Devices, Inc. (NASDAQ: AMD) is one of the hottest stocks of Nasdaq right now. It has been on a non-stop rally and the chart suggests a strong confidence in stock, no resistances above. From a technical standpoint, any pullback should be bought.

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Tesla Inc (NASDAQ: TSLA) The company's stock has recovered nicely from recent lows of roughly $288.2 and is now consolidating the recent gains below its EMA50. Interesting to see that the accumulation/distribution line continues to rise, which means the stock has been under accumulation and is a warning of an upward break out. Ignore the noise and be focused on the chart.

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Biocept Inc (NASDAQ: BIOC) has been beaten down since mid-July, but at this moment it seems pretty clear that buyers have been waiting in the 2.9-3.4 range. It looks like it is starting to turn back up and some key indicators are giving the first bullish signs. The stock has the following important levels. Resistance at $3.6 and support at $2.86

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BlackBerry Ltd (NYSE: BB) is a good momentum stock, and looks like it wants to make a big move soon. The stock broke a key resistance level on a volume expansion. Watching for a close above $10.64

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Arcadia Biosciences Inc (NASDAQ: RKDA) had a nice surge a few days ago and has been in the process of consolidating. It is displaying upside momentum again and is poised to move higher from these levels. Nearest resistance for the stock is at $6.68. If this level is crossed and the stock is able to sustain above this level, then it might go to $8.43. The stock is currently in a new uptrend and I feel it could easily make 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, BB, BIOC, CRON, IDXG, MARA, OSTK, RKDA, SSC, TSLA

13:46 | Permalink |

List of small cap stocks on close watch for Wednesday, 14th of March

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Izea Inc (NASDAQ:IZEA) is a stock that continues to fly under the radar. It posted a sizable gain into the close. A firm break of $4.5 will bring $6.5's into focus. The stock seems to be forming a large ascending triangle pattern and could be heading for the next leg up. Keep a close eye on this stock going froward. It could post a big move.

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TrovaGene Inc (NASDAQ:TROV) had a great trading session gaining 25% today on heavy volume. It should continue tomorrow. Next major resistance lies at 55c followed by 67c

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DPW Holdings, Inc. (NYSEAMERICAN:DPW) I still have high hopes for this stock and think it could see $1.85 short term.

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Atomera Inc (NASDAQ:ATOM) Despite the overall market correction this stock ended Tuesday's session with heavy buying. As long as the stock can hold the rising 50-day EMA, it looks good.

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Marathon Patent Group Inc (NASDAQ:MARA) There was no follow-through move today after Monday's rally to confirm the breakout, however the volume was relatively low compared with yesterday. Lets see if it can hold this area tomorrow.

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Pareteum Corp (NYSEAMERICAN:TEUM) remains on close watch for a breakout from its current consolidation.

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: ATOM, DPW, IZEA, MARA, TEUM, TROV

21:17 | Permalink |

Few stocks to follow during the upcoming week

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Pareteum Corp (NYSEAMERICAN:TEUM) is another crypto-play stock that i brought to my Twitter followers attention lately. This stock is in the process of bottoming and we expect a pop above $1.2 at some point in the coming days. The volume was sharp on Friday and we could be looking at the beginning of the next crypto-stock rally. Technically, the daily trajectory of the MACD is also pointing to higher prices. Let's see what Monday brings.

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Marathon Patent Group Inc (NASDAQ:MARA) turned into one of the hottest stocks last week and posted some incredible profits for my twitter and blog followers.

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Digital Power Corporation (NYSEAMERICAN:DPW) I had this stock on my watch list on Wednesday and it did not disappoint. It rallied 29% and looks to continue its winning ways next week. Use tight stops.

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MGT Capital Investments Inc. (OTCMKTS:MGTI) what a rally for this stock late in the day on Friday. We have to believe that this rally will resume in earnest at the open on Monday. Based on the current momentum of the crypto stocks, I feel a rally to $3 and better is in the cards short-term. Technically, broke out of a falling wedge pattern. With Bitcoin making new highs seemingly every month, this stock could be on the verge of being discovered by investors again. This company is one of the top BITCOIN PRODUCERS in North America.

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U.S. Global Investors, Inc. (NASDAQ:GROW) broke out to a new all-time high today, accompanied by a good volume suggesting higher levels. All moving averages are below turning up for support. I like this for a swing trade.

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Seven Stars Cloud Group Inc (NASDAQ:SSC) may be close to breaking to new highs here. Volume is starting to pick up again and there could be a decent short squeeze if it clears the May high. Clearing $3.44 could be the beginning of a move to new highs.

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Lannett Company, Inc. (NYSE:LCI) has been on fire the past few weeks and looks ready to make another upside move. The stock recorded a new high in yesterday's session. Friday’s high was $27.6 which is resistance for Monday’s continuation move. As long as the stock stay above 25.5 area, the bullish scenario is still intact. Technical chart shows bullish sign with %K line on top of %D line and MACD on top of signal line. Long setup.

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: DPW, GROW, LCI, MARA, MGTI, SSC, TEUM

20:39 | Permalink |

Stocks to keep an eye on Friday

Hello Everyone!!

First of all Happy Thanksgiving Day to everyone. Tomorrow is gonna be a low volume trading day, however there are some stocks that could offer good opportunities to trade. I selected the following stocks based on the pattern and price action. Some of the stocks mentioned below could see high volatility at these levels, given the sharp rise in price. As always, don't forget to use a stop loss for these particular cases. I continue to see in some small caps high probability of big gains, therefore i will keep them in my portfolio. Trading small caps stocks can be risky, however where there are great risk, there can also be great rewards. My mission is always to share ideas based in something concrete that chart shows, it does not matter if it is small, mid or big caps.

God bless you guys !! Be safe and enjoy this beautiful time of the year !!

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Riot Blockchain Inc (NASDAQ:RIOT) This stock had another bullish session on Wednesday, as this parabolic move continues with force. The RSI is very overbought but continues to point higher.

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Social Reality Inc (NASDAQ:SRAX) broke out yesterday and traded nearly 5x normal daily volume. The daily chart is very bullish with a lot of hot indicators showing up. The slope of this upward move is very steep accompanied by increasing volume. The current momentum could push this stock much higher from here, so keep it on the radar.

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Marathon Patent Group Inc (NASDAQ:MARA) also broke out but failed to close near the highs of the day and above this horizontal resistance level. The stock needs to close above this level on Friday to indicate a continuation of the rally.

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Xerium Technologies, Inc. (NYSE:XRM) The technical daily chart is showing that the stock is on a bounce back rally after it lost more than 50% of its value since the start of August. The RSI is turning up and is now at 40 levels. MACD indicator is rising above 0 also indicating a buy, and KD line shows the stock is on the positive swing. The accumulation line is beginning to turn around which suggests the stock is no longer being sold off. If the Bulls are able to push through the declining EMA20 at 4.13 level, there will be a new rally towards $4.70

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Ampliphi Biosciences Corp (NYSEAMERICAN:APHB) My next small bio cap trade idea has been trading around its EMA50 in the last trading sessions and the stock appears to have successfully reversed its recent downtrend. Momentum indicators are slightly bullish now with RSI rising. The strongest sign of a bullish momentum is the MACD indicator which has just started to increase. Price is expected to at least rally the next resistance at $1.35 and even go higher to test the $1.5 level.

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As I've mentioned earlier, Rewalk Robotics Ltd (NASDAQ:RWLK) has shown increased trading activity and signs of being under accumulation or being bought by institutions. I believe that shares have room for a significant uptick beyond these levels. This stock has a history of big bounces, so keep an eye on it.

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BlackBerry Ltd (NYSE:BB) has been forming a large cup with handle pattern on the daily timeframe. Such type of formation typically resolves itself to the upside. The handle in the chart is resembling a flag formation and this sideways move is usually the final consolidation before the breakout.

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Xunlei Ltd (NASDAQ:XNET) Keep a close eye on this one tomorrow, looks ready to break out into new high territory.

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Another one that looks like a good long opportunity. With yesterday's move on decent volume, Valeant Pharmaceuticals Intl Inc (NYSE:VRX) shares are back over the 200-day exp moving average for the first time in months, which I've been waiting on to add the name back to the portfolio again.

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: APHB, BB, MARA, RIOT, RWLK, SRAX, VRX, XRM

20:43 | Permalink |

AC Investor Blog

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

Saturday, May 11, 2019

Interesting setups that you should watch next week

Saturday, February 09, 2019

Stock charts to follow next week

Saturday, August 25, 2018

Stocks to watch next week

Tuesday, March 13, 2018

List of small cap stocks on close watch for Wednesday, 14th of March

Saturday, November 25, 2017

Few stocks to follow during the upcoming week

Thursday, November 23, 2017

Stocks to keep an eye on Friday

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