AC Investor Blog

Stocks to keep an eye on May 21, 2015

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Himax Technologies, Inc. (NASDAQ:HIMX) gained 4% to 83 cents per share after analysts at Rosenblatt Securities upgraded their rating to BUY with a PT of $9. From a technical standpoint the stock is trying to break the downtrend line visible on the chart above (yellow mark). If it breaks this key resistance level, bulls may expect it to run toward $7. With MACD rising and %K line on top of %D line, the major rally of the stock may be finally coming. Im long.

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MELA Sciences Inc (NASDAQ:MELA) The stock closed the day at $1.62 on decent volume and looks poised to post more gains heading into the weekend. I expect this stock to trade above $2 in the near term after today's strong close above the 20-day EMA. Keep it on your watch list.

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MEI Pharma Inc (NASDAQ:MEIP) The daily technical chart shows a stock that is right on the cusp of a breakout. If price can break through its 20-day exp moving average, then I think 2.44 level could be well within reach. Nice slow steady accumulation in last days, MFI rising. Keep it on your watch list.

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Congratulations to those who took a chance on IsoRay, Inc. (NYSEMKT:ISR) in PM after my tweet alert. This stock skyrocketted 93% on heavy volumn to $3.12 per share following the announcement that its IsoRay's Cesium-131 lung cancer treatment reported a 96% success in local control and a 100 percent survival at 5 years in high risk patients in a newly published report. I'd keep a close eye on this stock Thursday morning and I would expect some follow through buying along with some profit taking. On watch.

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Prana Biotechnology Limited (NASDAQ:PRAN) hit my scanner today with some impressive volume and closed up 14%. I expect some follow through on Thursday.

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J C Penney Company Inc (NYSE:JCP) good relative strength compared to the sector. Long set-up on watch. Lets see if it breaks over $9 this week.

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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: HIMX, ISR, JCP, MEIP, MELA, PRAN

22:33 | Permalink |

Stocks to Watch for October 27, 2014

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Krispy Kreme Doughnuts (NYSE:KKD) I continue to support the idea of a possible break out of this consolidation pattern. As long as 16.50 support holds the sideways movement could be treated as consolidation of the uptrend from 15, and another rise to 19.30 area could be expected after consolidation. A break of 18.09 resistance will signal completion of the consolidation pattern.

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Image Sensing Systems, Inc. (NASDAQ:ISNS) did not manage to hold a bullish momentum as the stock failed to close above the resistance level of 3.28 corresponding to the daily 50 exp moving average. I feel that this stock is going to eventually breakout to the upside next week considering the fact that the impulsive candle that formed on Wednesday was very strong but it could be a difficult fight. Present technical indicators are in favor of Bulls. Further rise is still possible and next target would be at $4.13 area. Support is at 2.50, only break below this level will indicate the uptrend reversal down.

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VirnetX Holding Corporation (NYSEMKT:VHC) continued its upward movement last week from 4.03 and the rise extended to as high as 5.89. Further rise could be expected and next target would be at 6.50 area. Support is at 4.85 only break below this level could bring price back to re-test 4 support. Technicals indicate further upside potential.

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MELA Sciences Inc (NASDAQ:MELA) stock price rose during the course of the session on Friday but gave back all of the gains to close flat. I do believe that this stock will break above the 2.30 level in the coming sessions based on the technical chart above. The MACD continues to rise and so is the RSI. This is telling us the bullish trend could continue. In addition, this stock broke the downtrend line on Tuesday accompanied by strong volume and has the potential to go higher.

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Apple Inc. (NASDAQ:AAPL) finally broke to new highs on Wednesday. The stock remains in uptrend from 95.18. Further rise could be expected next week and next target would be at 108 area. Support levels are at 103.74 and 101.97 only break below these levels could signal completion of the uptrend. I remain bullish on the stock as technical indicators continue to point to an upside bias.

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FireEye Inc (NASDAQ:FEYE) has started a resistance breakout of the 30.85 level. Further rise could be expected and next target would be at 35 area. All technical indicators continue to point to higher prices.

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Exelon Corporation (NYSE:EXC) is setting up a possible resistance breakout trade. Next buy/add on the break of resistance at 36

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: AAPL, EXC, FEYE, ISNS, KKD, MELA, VHC

09:49 | Permalink |

Stocks to Watch for October 07, 2014

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Verizon Communications Inc. (NYSE:VZ) Looks like the stock is getting ready for a breakout soon. A high volume move through the 50.38 price level would be buyable. Momentum indicators on daily chart also suggest the continuation of northbound trajectory for the stock.

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Infosys (NYSE:INFY) Watching over 61.63 for 62.16 breakout. Looking at the technical chart the stock continues to maintain positive outlook by convincingly holding above all EMAs.

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Verint Systems Inc. (NASDAQ:VRNT) has steadily appreciated in value the last few trading days. Lets see if it breaks over $57.08

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MELA Sciences Inc (NASDAQ:MELA) could be setting up for an impressive bounce at current levels. Positive divergences abound on the daily chart. Thin name.

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GoPro Inc (NASDAQ:GPRO) is in the process of re-testing its all-time highs. Accumulation on this stock remains elevated even after the recent pullback. Use the 50-day EMA as the stop loss.

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: GPRO, INFY, MELA, VRNT, VZ

22:13 | Permalink |

Stocks to Watch for June 12, 2014

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Clean Diesel Technologies, Inc.(NASDAQ:CDTI) closed up 19% today and strong momentum appears to be building rapidly. The stock price broke out of a base formation on high volume and could eventually rally up to test the 4-4.50 resistance zone. CDTI has seen huge gains over short periods in the past and I believe this breakout could trigger another bull run. From a technical standpoint, the positive momentum seems to be back as the stock is back above the major EMAs with the RSI going up and MACD near the positive territory.

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WPX Energy Inc (NYSE:WPX) is consolidating and might be getting ready to move higher. Look for break above $22 to enter longs using as stop the 50-day EMA.

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Rambus Inc. (NASDAQ:RMBS) had a nice break out today and rose over 5%. If the stock price can sustain this strong momentum $14 is not out of the question next week. Keep it on your radar over the coming days.

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Pandora Media Inc (NYSE:P) good relative strength compared to the market today. Technical indicators are becoming more favorable with MACD and RSI rising. Look for break above $27.74 to enter longs.

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Chesapeake Energy Corporation (NYSE:CHK) is holding up nicely and looks ready to move higher. Next buy point for CHK is at 30.48

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I think MELA Sciences Inc (NASDAQ:MELA) has found a bottom here and looks poised to post a rally from current levels. We start to see some signals of rebound as the technical chart shows positive momentum is back. If stock breaks 42c then the stock can head to 47c and if this level is breached then the level of 55c is visible.

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: CDTI, CHK, MELA, P, RMBS, WPX

22:48 | Permalink |

Stocks to Watch for May 28, 2014

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Shares of Zynga Inc (NASDAQ:ZNGA) were up 3.96% today to 3.41$ recovering some of recent loses. It looks like it is starting to turn. The MACD is now showing a possible turnaround and confidence in stock improved significantly. Keep watching the stock over the next few trading days.

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Yelp Inc (NYSE:YELP) made a strong run in the last hour of the day, closing near highs on technical buying. The $65 level is a huge obstacle. If it can break through this area, buy the stock and watch it take off.

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Altria Group Inc (NYSE:MO) has been in a steady uptrend for the last four months and is now very near to break another resistance. Keep an eye on MO for a possible breakout over $40.99

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MELA Sciences Inc (NASDAQ:MELA) Looks ready for a bounce. The stock has been floating around this range 35/40c for several trading sessions in a row and I believe we could see a sharp move higher from here. Daily technical indicators are showing signs of turning around, with MACD curling up and RSI starting to turn up from deep oversold levels. In addition, it was reported today that an insider bought 87,500 shares at 38c, a clear sign of confidence and optimism. This stock is on High alert for Wednesday.

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Avis Budget Group Inc. (NASDAQ:CAR) broke out of a small consolidation range to make new 52-week highs. The stock hit a high of $57.58, which is resistance for Wednesday’s move. Keep a close eye on the stock for the follow through move.

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: CAR, MELA, MO, YELP, ZNGA

22:40 | Permalink |

Stocks to Watch for January 8, 2014

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Tripadvisor Inc (NASDAQ:TRIP) broke out today above its short-term exp moving averages with a strong bullish engulfing candle. The stock price is showing increasing strength on the MACD, RSI and Slow Stochastic. At this point, the next key technical levels that traders should be watching are 87.6 and 90. The short interest is around 20%. Long setup.

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MELA Sciences Inc (NASDAQ:MELA) what a nice rally late in the day. I have to believe, that this rally will resume in earnest at the open on Wednesday. We saw today a big jump on high volumes. Unusual volume can be a strong signal that momentum traders are piling into MELA ahead of a catalyst. The accumulation/distribution line reveals a very strong buying pressure and MACD shows a significant uptrend. I believe that this is the first sign of a change in trend of the stock sentiment. I would not be surprised if the stock tests the 84c level before the week ends. Keep on watch.

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Nuance Communications Inc. (NASDAQ:NUAN) looks primed for a run. Waiting for a break above the 15.43 level for a long position. Price will continue to move up, as long as it sustains above the 20-day exp moving average. Technicals look bullish.

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Exxon Mobil Corporation (NYSE:XOM) Keep this one on watch, the stock price could be setting up to break out.

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Vipshop Holdings Ltd - ADR (NYSE:VIPS) is setting up for another big run. Keep on watch to break out to new highs. MACD is heading upwards in positive territory.

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: MELA, NUAN, TRIP, VIPS, XOM

22:28 | Permalink |

Stocks to Watch for October 02, 2013

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Ceres Inc (NASDAQ:CERE) looks right on the verge of a BIG breakout. The stock traded heavy volume as it hit a high of $1.69. This high is resistance for Wednesday’s continuation move. If the stock can manage a breakout above this horizontal resistance line on high volume, it would be a good buying opportunity, with a stop at 1.44. All indicators in the technical daily chart are in favor of an upward price movement. MACD has generated a buy signal crossing above the zero line. This momentum could push this stock much higher from here, so keep it on the radar. If it breaks above 1.69, the next major resistance is located at $2

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Quicksilver Resources Inc (NYSE:KWK) had a huge breakout day Tuesday on heavy volume. The next key resistance levels are located at 2.29 and 2.37. Shareholders may remain invested with a stop- loss at 1.92.

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Rambus Inc. (NASDAQ:RMBS) looks strong enough to move forward. I'm encouraged by the fact that the stock bounced off support of the 50-day exponential moving average yesterday and surged nearly 3% today with good volume. The stock has the potential for a strong follow through so watch it closely on Wednesday.

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Shares of MELA Sciences Inc (NASDAQ:MELA) had a mini rally on Tuesday before pulling back. This could be the start of something larger. $.80 is the next resistance level that if broken, could send shares back to $1. At this point, I think you can buy MELA shares here with a stop at $.65.

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DryShips Inc. (NASDAQ:DRYS) Nice rally on volume today. Keep on watch, if it breaks the $4 level should make a good long.

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VirnetX Holding Corporation (NYSEMKT:VHC) This stock could go either way, watch for a break of this base or a break above the 100-day EMA. CMF continues to rise so my bias is up.

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: CERE, DRYS, KWK, MELA, RMBS, VHC

22:31 | Permalink |

Tuesday February 12th watchlist

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OmniVision Technologies, Inc. (NASDAQ:OVTI) has consolidated sideways for the past several sessions under resistance near $16. If it clears resistance the move may be powerful. I notice that the Accumulation/Distribution line still growing, it means accumulation (buying).

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Pandora Media Inc (NYSE:P) continues to push higher and still looks like it has more to go. The stock got a nice bounce today off of the support of its 9-day EMA and it closed near the high of the day. P could be bought if it can break over $11.94 on good volume and price action.

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MELA Sciences, Inc. (NASDAQ:MELA) There is a positive MACD divergence on the daily chart and this usually means that an upward movement is coming. If the stock can break through the 20-day EMA we should see heavy buying come and it will be a great buy here.

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Facebook Inc (NASDAQ:FB) closed slightly below its 50-day EMA today on low volume. The stock needs to regain this line of support tomorrow or things could get very ugly. The near-term trend is bearish and the stock faces a strong resistance at 29.11-29.45. A close above this range is a pre-requisite for the reversal of the bearish trend.

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ADTRAN, Inc. (NASDAQ:ADTN) remains high on my radar due to the recent run up on heavy volume. I plan to buy the stock on a break above $21.17 and add more on a break above $22.09

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: ACE, ADTN, FB, MELA, OVTI, P

22:30 | Permalink |

Friday January 25th watchlist

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The chart of Vonage Holdings Corp. (NYSE:VG) looks great as it continues to trade within a large ascending triangle pattern with resistance at 2.55. That resistance level is the area to watch closely and breakout above is a strong buy signal.

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Shares of GT Advanced Technologies Inc (NASDAQ:GTAT) closed above its 50-day moving average for the first time since September 2012, a strong bullish sign that puts the next stage of resistance at $3.56. On the technical chart, we can see a few things going on here. First, the MACD continues to trend higher near to cross above 0. Also, stochastics are indicating a trend reversal to the upside. Last, and definitely not least, the RSI back above the 50 centre line. You should keep this stock on your screen radar.

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Gilead Sciences, Inc. (NASDAQ:GILD) has been in a range over the past two weeks. The stock looks like it wants to breakout of this range, but has not been able to gain the needed momentum. Today’s high of $78.75 is the top of this range, which makes it resistance for the breakout move. You should keep this stock on your screen radar.

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Apollo Group Inc (NASDAQ:APOL) looks to be breaking out, as the stock closed up 52 cents on Thursday. APOL looks to have bounced off lows earlier this month as it gains upside momentum. You need to watch it closely and be ready for this upside move.

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MELA Sciences, Inc. (NASDAQ:MELA) has pulled back into support and may offer some value here.

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Leucadia National Corp. (NYSE:LUK) finally broke out and made a nice move today. I'll be watching the stock for a continuation move on Friday. LUK has good upside potential, so keep watching the stock for further moves.

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: APOL, GILD, GTAT, LUK, MELA, VG

22:01 | Permalink |

AC Investor Blog

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

Wednesday, May 20, 2015

Stocks to keep an eye on May 21, 2015

Saturday, October 25, 2014

Stocks to Watch for October 27, 2014

Monday, October 06, 2014

Stocks to Watch for October 07, 2014

Wednesday, June 11, 2014

Stocks to Watch for June 12, 2014

Tuesday, May 27, 2014

Stocks to Watch for May 28, 2014

Tuesday, January 07, 2014

Stocks to Watch for January 8, 2014

Tuesday, October 01, 2013

Stocks to Watch for October 02, 2013

Monday, February 11, 2013

Tuesday February 12th watchlist

Thursday, January 24, 2013

Friday January 25th watchlist

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