AC Investor Blog

Hello 2020 !!! My First Blog Post of the Year. A Few Trading ideas for some Big, Mid and Small caps

Hello Everyone !!

I hope you have had a great New Year celebration. Here we are for another year that promises to be volatile in overall markets due to US 2020 election. Anyway, I wish to all good luck for trades, wishing you good profits and I hope to contribute to make it possible too. From my point of view, I think and hope that the current Bull market initiated in July of 2009 will continue, even with many uncertainties playing against, so along this year keep your eyes wide open.

Feel free to reach out to me at antonio.mrcosta@gmail.com for inquiries about my newsletter/twitter or whatever. Thanks for reading.

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McDonald's (NYSE:MCD) Just last week I posted this chart noting that the chart was looking better. The stock was on my potential breakout scan and looked poised for gains. This is what the stock has done since. As long as the breakout holds, we could see a measured move up toward the mid 205’s.

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Splunk (NASDAQ:SPLK) has been rising in an ascending triangle formation. Look for the break above the 153.66 level to enter longs. Daily indicators are in favor of an upward price movement: all the 3 major moving averages are below the current price and MACD still above the 0 line. Long setup on watch.

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Blackberry (NYSE:BB) had a huge move in the mid-December and has been consolidating in a bull flag pattern. Volume has been declining during the consolidation period which is very healthy. A breakout of the flag with higher than normal volume can trigger a sharp upside move towards 7.50

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Shineco Inc (NASDAQ:TYHT) looks like it is a decent risk reward long play here. The stock has been pulling back the past 8 sessions, but looks to have found a bottom at its current price level. I'm watching this stock closely on Monday, as buyers might start buying at this support level. Could pop significantly over 0.625, which reflects Friday’s high of the day. With the amount of accumulation going on with TYHT, when the stock finally does begin to walk, it will take significantly less volume to move it. I took a position.

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Westwater Resources Inc (NASDAQ:WWR) This downtrend line has been proved to be a strong resistance. More times the resistance has been tested, there is good chance for breaking above that point. Honestly speaking, I feel that there is a possibility for WWT to go beyond $2.5 in the coming days. What I like about this daily chart after Friday's close is the curling of the MACD indicator. Volume has slowed, selling still has abated. Let's see if I'm right. I think WWR will make for a great trade tomorrow and throughout the week. Major resistance lies at 4.50. Low float plays have been very hot, so keep a close eye on it going forward.

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I think Achieve Life Sciences Inc (NASDAQ:ACHV) will have a relief rally after its dramatic fall. The stock has held its current trading range, meaning we could be seeing at least a temporary bottom imo. I wouldn't be surprised if this stock popped 20-30% in just one session soon. Squeeze over 57c

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Inpixon (NASDAQ:INPX) closed at 45c on Friday. Such a beautiful move off its lows and while the stock remains overbought, it has some serious momentum on its side. This stock was on my December 17th bottom scan at 13c. Looking at this hourly chart, the stock needs to hold the 0.415 zone to expect further gains. Tight stop losses should be used here.

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Applied DNA Sciences Inc (NASDAQ:APDN) the accumulation is still there and this, in my view, bodes well for the stock. Big boys are holding this low float play. It will be a very hot stock at some point this month IMHO Janury effect.

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: ACHV, APDN, BB, INPX, MCD, SPLK, TYHT, WWR

13:03 | Permalink |

Some trade ideas for the last trading days of the year

Hello everyone,

Thank you to all who have been with me this far and congratulations to everyone on taking advantage of all the recent gainers. Always remember to use sound money management and do your DD when participating in any security exchanges. The small cap market can be extremely rewarding and that is why i love when certain opportunities arise. But these stocks can also sometimes move rapidly and be very volatile, so never risking any more than you could afford to lose is a rule to never be forgotten. Thats the golden rule to be successful.

I would like also to take this opportunity to wish a Happy New Year to all of you and to your families! I hope 2020 will be a year filled with good health, happiness, freedom from war, violence and success for you and your families. Enjoy reading the last post of 2019 and get ready for another potential amazing year. See you all in January. Take care.

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Thermogenesis Holdings Inc (NASDAQ:THMO) ended the week with a bang on Friday. The stock exploded from a low of 2.72 to a high of $4.81 for a nice intraday move of 60%. Congratulations to all my readers and twitter followers that played last week blog alert and pocketed some nice gains.

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For those of you that will be celebrating this weekend the gains on THMO, I would like to present this chart of another low float stock that could see a nice bounce in the week ahead. EVINE Live (NASDAQ:IMBI) The stock has given a trend-line breakout on the daily chart which indicates a reversal of the previous bearish trend, which confirms the bull trend in the short-term heading for immediate target of 4.85-5.25 levels. Oscillators like Slow Sto, MACD and RSI too supports the new bullish momentum, due to its positive divergences.

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It looks like Obalon Therapeutics Inc (NASDAQ:OBLN) is starting to turn back up and indicators are giving the first bullish signs. On Friday it closed just slightly below its 50-day EMA, which if broken could accelerate the stock toward its September highs around the 2.35 area. A volatility squeeze seems eminent. You want to watch the stock closely as OBLN can move quickly and you want to be ready for this move once it happens. Long setup on watch.

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Kodak (NYSE:KODK) hit a new 52-week high Friday, trading as high as $4.07, before settling at a close of $3.83. The stock broke a pennant formation on volume and will be watching it on Monday, looking for a follow through move. As long as the stock stays above the rising EMA13, the short-term bullish scenario still intact. Technical chart shows very strong bullish sign.

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Sunworks Inc (NASDAQ:SUNW) Friday's candle closed back above the EMA13 with volume backed confirmation and I expect to see a continuation move next week. The daily technical indicators are reversing up and are advocating for a technical rebound.

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Cassava Sciences Inc (NASDAQ:SAVA) established a new 52-week high on Friday of 5.5, however in the afternoon stock retracted closing at $5.21. 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 hourly exp moving averages and specially the ever critical 13-hourly EMA (it has been served nicely as support) which is now located at 4.57. The short-term bullish still intact as long as the stock remains above the 13-hourly EMA, but a tight stop loss should be used.

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McDonald's (NYSE:MCD) continued its short-term bullish momentum on Friday. The stock price is inching closer and closer to another breakout move. Buying momentum is still positive and strengthening $199 is the level to watch for a breakout.

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BOQI International Medical Inc (NASDAQ:BIMI) closed the Friday session strong right near the high of the day. We all know what can happen with BIMI when it gets some momentum behind it. This is a stock to watch going forward.

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Fiverr (NYSE:FVRR) closed up 6.84% above the key resistance level of 24.86 in what may be the start of a trend reversal. I think this stock could be setting itself up for another nice run short term. Needs confirmation 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: BIMI, FVRR, IMBI, KODK, MCD, OBLN, SAVA, SUNW, THMO

20:17 | Permalink |

Technical chart setups to follow next week

Dearest Readers/followers :)

I'm back from vacations and ready to start sharing more free trade ideas using different time frames. Im thinking in start blogging again on a daily basis starting in September, but i need to garanteee first, time for my family. As you know, i grew fast on social media, so it's not easy to manage the time to be able to reply everbody in real-time. Many people dont understand this fact, but as always, i will try to do my best.

Small-capitalization stocks continue to provide great trade opportunities, so i will be playing here as long as the momentum is in our favor (Please note: i dont trade OTC stocks). As you know, small-cap stocks generally provide the best returns for day traders, but we need to be aware of the risks. There could be liquidity problems if someone is trying to take a big position in a small stock, so if your account is small, please diversify in order to avoid been stuck in just one stock and use tight stops. Small cap companies can be a good opportunity because of the cheap share price, but we need to have rules to trade them.

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Grupo Financiero Galicia (NASDAQ:GGAL) is testing again the top of the sideways channel that it has been in for the past month. This channel has been a consolidation of the huge rebound it had in late June. Keep an eye out for a break of 39.22

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Cemtrex Inc (NASDAQ: CETX) this remains a low floater stock to watch. The volume is starting to come back and with it some positive price movement. The real fireworks should begin if price can break/close above the $1.75 area. CETX was a stock that ran from these current prices to over $4.5 a share not long ago. Could it happen again? We will soon find out. The daily MACD line is starting to curl upward, which should eventually lead to price increases. Company announced recently that has a backlog of $50M. If you don't have this stock on your watchlist, now is the time to add it.

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McDonald's (NYSE: MCD) hit a new high on Friday and continues to draw interest. I would keep a close eye on this stock going forward, buyable on any pullback to pivot.

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Celldex Therapeutics, Inc. (NASDAQ: CLDX) This $2 stock is one of the most undervalued small bio cap stocks out there IMHO with nearly $6 per share in cash, and I believe down the road it could be trading better than $2 a share. The stock price is showing signs of a bounce and next level of resistance according to this daily technical chart above is at 2.25. The Daily MACD is also showing a bullish cross, indicating that this push higher may be the start of something much bigger to come. You need to watch this closely because it could break resistance.

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The strong move in Arcadia Biosciences Inc (NASDAQ: RKDA) shares was something that I tweeted Friday in pre-market before the crowd as a potential 100% mover. If you were following my twitter account you would have gotten the tweet when the stock was trading around 2.75 If you jumped in and booked your profits, congratulations. I sold all my old position, however it seems that we could see more gains going forward. Next major resistance is located at 4.99 (EMA200), which is a big area that the stock needs to break.

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Jaguar Health Inc (NASDAQ: JAGX) This $1.56 stock was trading over $17 (RS effect) a share less than two months ago. I think a "dead cat" bounce is in the cards. This isn't a stock you want to be holding onto too long, but the chart itself is looks ready for a reversal. There could be a decent rally for these shares, if they do indeed bounce. From a technical standpoint, MACD is displaying a positive divergence while ADX is starting to turn higher and has crossed above 20 to signal the start of a new trend. Im long.

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Rewalk Robotics Ltd (NASDAQ: RWLK) I initiated a long position on Friday. Notice how the daily MACD is starting to curl up (positive divergence), the grey histogram bars are starting to turn back to zero, showing that the recent downtrend is changing in the opposite direction. Plus, the stock has reached a major support level, where it bottomed out several timers before.

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aTyr Pharma Inc (NASDAQ: LIFE) is a stock I think deserves some watching over the coming sessions for a potential short-term reversal. The stock at $3.11 is a few ticks off its all-time low. I think it will at least get a dead cat type bounce, if not something slightly more sustainable. With nearly $12 per share in cash, and a Bullish MACD crossover on daily chart a big bounce is more than likely at current levels. Im long.

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T2 Biosystems Inc (NASDAQ: TTOO) ended Friday's trading session at 94c, advancing 30% with the stock attracting 4.1 million shares. The stock shows signs of bottoming out with the recent up move from its 52-week low. The stock has also moved back from oversold zone and closed above its 9EMA for the first time since mid-July. There is a high probability for a trend continuation in the next sessions, as the stock could test the next key resistance level in the 1.07 area.

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Realogy Holdings Corp (NYSE: RLGY) posted a very strong bullish reversal candle on high volume and could signal a reversal of the price decline. Watch for continuation. Next pivot point lies at 6.22

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: CETX, CLDX, GGAL, JAGX, LIFE, MCD, RKDA, RLGY, RWLK, TTOO

15:42 | Permalink |

Stock Watch List For Thursday

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McDonald's Corporation (NYSE:MCD) recorded a new high in today's session. Short-term outlook for the stock is bullish. Buy the stock in dips with a stop-loss at $81.85. The technical daily chart looks Bullish with both 20, 50 and 200 daily moving averages going up and MACD on top of 0, RSI in a Bullish area too.

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Allied Irish Banks, plc. (NYSE:AIB) - The stock closed up on high volume a sign that investors are buying into the stock. Although the moving averages of stock are showing weakness, as the stock is still trading below 50 and 200 dma, there is one technical indicator showing some strength, the stochastics. The stock has chance to start new rally, because %K line has just crossed on top over %D line and the RSI also reversed up. The stock at least can hit the 20 day moving average at $2.34 cents per share. Watch to see what it does here.

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GT Solar International, Inc. (NASDAQ:SOLR) tagged a new high but closed poorly. Shareholders may remain invested with a stop- loss at $15.08.

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Zagg Inc (NASDAQ:ZAGG) - In the last trading session, the stock broke through its 7-day moving average and closed down 51 cents at $13.75. The technical daily chart is showing a slightly bearish bias. A break below the support at 13.20 will open the way for a further move lower to 13.06 and potentially as far as the defended 12.58.

Other stocks to watch :

Earnings Announcements for Thursday

Apollo Group Inc - APOL
AZZ Inc - AZZ
CalAmp Corp - CAMP
China Natural Resources Inc - CHNR
China Technology Development Group Corp - CTDC
Christopher & Banks Corp - CBK
Constellation Brands Inc - STZ
Darden Restaurants Inc - DRI
DemandTec Inc - DMAN
Mccormick & Co Inc - MKC
Methode Electronics Inc - MEI
Mitel Networks Corp - MITL
Msc Industrial Direct Co Inc - MSM
National American University Holdings Incorporated - NAUH
Schnitzer Steel Industries Inc - SCHN
Searchmedia Holdings Ltd - IDI
Smith & Wesson Holding Corp - SWHC
Tel Instrument Electronics Corp - TIK
Waccamaw Bankshares Inc - WBNK
Worthington Industries Inc - WOR
Xyratex Ltd - XRTX

Keep up to date by subscribing AC Investor Blog newsletter or RSS feed. You may wish to also follow me on Twitter.

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: AIB, MCD, SOLR, ZAGG

23:00 | Permalink |

Stocks in a strong Bullish movement - Yahoo, MCD,SIRI, XMSR, RIMM

Chart courtesy of stockcharts

RUMOURS on the street again !!!
Ebay or Microsoft, I’d like to know which you prefer and why ? Well, forget this question, but it's the commentaries on the floor and in overall forums, everybody talks for a possible takeover. Let's talk now about the daily chart above. Technically speaking after yesterday movement done with an unusual trading for the daily average of the week, stock closed the regular session for the first time since May above its 50 dma, giving us the first confirmed Bullish sign. However if you look closely at the chart, you'll see that the downtrend line has been broken, so guys I have to say "this baby will fly again", it's my opinion based in the chart.

Chart courtesy of stockcharts

RIMM has broken out to all time highs over this week. The chart looks really bullish.

Chart courtesy of stockcharts

This stock has been is on a remarkable run since April and it doesn’t look like the trend will change soon. Over this week broke out again the major resistance of $52.88. MCD looks to go higher here.

Chart courtesy of stockcharts

XMSR - Chart is printing a strong Bullish movement after broken the key area of $13.31. MACD back again above 0 which is a good signal for a long term, however in short term we may see a small pull back, due to the fact that RSI is trading in Overbought conditions.

Chart courtesy of stockcharts

SIRI - On the other hand Sirius is also living a strong momentum but now may find here some resistances to break level. $3.56 is a key resistance for stock however there is other important indicator that is weighting in stock - RSI is too high. Overall I'm Bullish, however more cautions. At these levels I prefer wait to see if this movement will continue.

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 weekend !!!

AC

Labels: MCD, RIMM, SIRI, XMSR, Yahoo

09:37 | Permalink |

AC Investor Blog

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

Sunday, January 05, 2020

Hello 2020 !!! My First Blog Post of the Year. A Few Trading ideas for some Big, Mid and Small caps

Saturday, December 28, 2019

Some trade ideas for the last trading days of the year

Saturday, August 10, 2019

Technical chart setups to follow next week

Wednesday, June 29, 2011

Stock Watch List For Thursday

Sunday, September 16, 2007

Stocks in a strong Bullish movement - Yahoo, MCD,SIRI, XMSR, RIMM

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