AC Investor Blog

Stocks to keep an eye on January 16, 2015

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RADA Electronic Ind. Ltd. (NASDAQ:RADA) has been under accumulation over the last few days and appears to have started another rally today. It closed strong above key resistance at 2.51 on decent volume. The stock has built up strong support at current levels and the momentum shift is starting to take shape as evidenced by the bullish cross on MACD and ADX. If you have not acted yet on RADA, I believe it still provides a tremendous profit opportunity with a stop located at 2.12.

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The bullish momentum of VirnetX Holding Corporation (NYSEMKT:VHC) continued today. From the chart above, we can see that the stock has found a nice support around the $4.70 level. The surge today brought %K line above %D line indicating that we could see possible rally coming for the stock. Short-term investors can buy with a stop at $4.66 and long-term investors can hold with a stop at $3.98. Let's keep an eye on her as i think momentum will pick up.

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Priceline Group Inc (NASDAQ:PCLN) is in a bearish trading condition. The fall in the stock has been extended by the violation of the support line at $1017.28 and as long as the stock trades below this key resistance line stay bearish.

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Retrophin Inc (NASDAQ:RTRX) appears to be forming a large cup with handle pattern. Volume looks decent with a potential buy point at 14.49

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Kite Pharma Inc (NASDAQ:KITE) has formed a big bearish candle on daily, likely caused by some profit-taking. This signifies trend reversal in the short-term.

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Mercury Systems Inc (NASDAQ:MRCY) had a very volatile movement today. The stock price attempted to push higher, topped at 14.35 before whipsawed to the downside, bottomed at 13.88 and closed at 14.05. This stock is a candidate to be traded in breakout mode. The stock is currenty facing resistance around 14.43. Fresh long should be made only when the stock moves above this resistance level.

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: KITE, MRCY, PCLN, RADA, RTRX, VHC

22:38 | Permalink |

Stocks to Watch for November 05, 2013

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Himax Technologies, Inc. (NASDAQ:HIMX) has formed a consolidation between 9.35 and the tops of 11.49. Today we saw another nice bounce off the 50-day EMA on volume and I expect HIMX to bounce more from these levels to the top of the current consolidation. Note: Earnings on Thursday.

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Vale SA (NYSE:VALE) had a very nice day breaking out above the $16.78 level on heavy volume. As long as it can hold this level, it looks good.

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YY Inc (NASDAQ:YY) Looking like a good long if it breaks this resistance on volume.

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George Soros increased his stake in Mercury Systems Inc (NASDAQ:MRCY) during the third quarter. Per the 13G filing, the Billionaire investor has revealed a 5.02% stake in MRCY. From the technical daily chart, the MACD and KD are showing buy signal as MACD is on top of signal line and %K line is on top of %D line. In addition, the RSI is back above the neutral line and pointed up. Keep on watch.

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Autodesk, Inc. (NASDAQ:ADSK) Setting up to test this resistance level soon. MACD crossover today.

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: ADSK, HIMX, MRCY, VALE, YY

22:59 | Permalink |

A few stocks to watch next week

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As of May 15th almost 36% of the float is short ( short interest increased to about 170.6 Million shares, compared with 164.6 Million shares as of April 30 ). Considering the stock has fallen since that date, its definitely safe to say there are many more shorts in this stock then 2 weeks ago, which begs to question, when they will cover ? They are betting on more downside, but at this point the probability of a short squeeze is very high. From a technical standpoint, the medium-term daily chart remains bullish, the stock is trading below its 20-day and 50-day EMAs but well above its rising 200-day EMA. The medium-term bull market is intact, despite being in a bear market in the short-term. Like I've said any major positive news could lead to a major short squeeze.

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Lululemon Athletica inc. (NASDAQ:LULU) I'm still holding my short position. The MACD, RSI, ADX and Stochastics are showing negative directions. As you can see on above chart the uptrend line was broken last week. The stock should test its 50-day EMA sometime next week.

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Facebook Inc (NASDAQ:FB) broke support with a sharp decline that began on Monday. Broken support turns into resistance around 24.80-25 and this is the first level to watch.

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Mercury Systems Inc (NASDAQ:MRCY) - Breakout watch above 9.50

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VirnetX Holding Corporation (NYSEMKT:VHC) Keep an eye on this one, if the stock price breaks above its 50-day EMA on heavy volume, then we will know the next major move up is likely.

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Things are now beginning to turn in favor of Bulls. VIVUS, Inc. (NASDAQ:VVUS) could breakout again at any moment ! Just look at the way it broke out of its 200-day EMA on strong volume. The trend is definitely your friend here. The MACD also confirms the recent jump and RSI shows that there is more upside to come. VVUS should be watched closely.

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: BBRY, FB, LULU, MRCY, VHC, VVUS

09:14 | Permalink |

Stocks to Watch for April 30, 2013

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Research In Motion Ltd (NASDAQ:BBRY) had a nice breakout from the symmetrical triangle on solid volume. Upcoming resistance is at 16.01 and 16.82 which are the previous highs. Looking at the technical chart we can see a couple of bullish signals confirming the "breakout" and we can expect the price to move higher from this point.

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Intel Corporation (NASDAQ:INTC) needs to take out 23.87 in order to convince bullish buyers at these levels.

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Mercury Systems Inc (NASDAQ:MRCY) could be in the early stages of a technical breakout. If the stock can break through 7.8, expect to see heavy volume drive the stock higher.

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Molycorp Inc (NYSE:MCP) A breakout above 5.74 (50EMA) would constitute a technical entry for the short-term trader looking for a quick trade.

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RF Micro Devices, Inc. (NASDAQ:RFMD) hit a new 52 week high and closed above resistance. As long as the stock stays above the 9 & 50 EMAs it is still safe to hold on to your positions.

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Amarin Corporation plc (ADR) (NASDAQ:AMRN) Stalking as a potential swing long above 7.10 . Technical indicators are showing signs of turning around, but have not turned bullish yet.

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Regeneron Pharmaceuticals Inc (NASDAQ:REGN) may be close to breaking to new highs here. The stock has been consolidating the past few days and just recently started inching above most of the consolidation area. At this stage, it's definitely a wait and see, if the resistance will be easily taken out by the bulls. Fresh exposures may be considered on a move past $221, with a stop-loss at $204.

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: BBRY, INTC, MCP, MRCY, REGN, RFMD

22:27 | Permalink |

Technical Setups for the week ahead

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On daily chart, the stock is still exhibiting a symmetrical triangle formation and still trading above its 200-day EMA (which has been supporting the stock price since January). As long as BBRY trades above it the medium-term trend is considered intact. If it breaks the 200-day EMA on its way down, that should be considered a bearish sign and the medium-term trend could be reversing. Stop loss at 12.98 recommended.

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LinkedIn Corp (NYSE:LNKD) Strong on weak tape. Had a nice breakout today with a pop of $5.21 to 185.39 or 2.89% on 2.6 million shares. Stock is trading above its key moving averages like 9, 13, 20, 50 and 200 EMA. To add on any dip.

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Keep an eye on Baidu.com, Inc. (NASDAQ:BIDU) and monitor its volume for any potential breakouts. If the stock can manage to close above the 50-day moving average located at $90.71 on high volume, it would be a great buying opportunity but only on a breakout. Technical indicators are looking better for the stock. Chart shows a bullish sign as the stock is back on top of 20-day moving average with MACD rising and approaching the zero line from below.

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Mercury Systems Inc (NASDAQ:MRCY) The technical chart shows a stock that is right on the verge of a big breakout. If the stock can break through the 7.75 level, there is a strong chance MRCY can run back to the 8.5-8.7 range IMO. From a technical standpoint, the MACD and Accumulation/Distribution line are both showing us something similar: Uptrends. With the chart on the verge of a possible breakout, get MRCY on your radars.

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It was alerted last week. Rambus Inc. (NASDAQ:RMBS) soared to new highs today as the stock continues to see strong buying pressure. Looking at the technical chart above the stock is trading above all of three major moving averages. Plus, the MACD is positive and rising. Nevertheless, there is a need for some profit-taking for some consolidation from these high levels. For those who did not have a chance to buy the stock, any pull back is your buying opportunity.

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VIVUS, Inc. (NASDAQ:VVUS) closed at $11.65 back once again above its 50-day EMA, which closed at $11.59. MACD seems to be confirming a positive movement for this stock. Upcoming resistance is at 11.91.

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SINA Corp (NASDAQ:SINA) jumped over 2.5% today. It ended the day trading more than 1M shares and closed near the highs of the day. The technical daily chart shows the momentum indicators have turned up and the RSI is on the rise. It will be interesting to see next week if the momentum can continue through the $50.22 level, where the 50-day exponential moving average is located.

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: BBRY, BIDU, LNKD, MRCY, RMBS, SINA, VVUS

23:12 | Permalink |

Few Potential setups for next week

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The short trend continues to favor Facebook Inc (NASDAQ:FB) bears. The stock price is shown in a range and the downtrend may continue on breaking range support area. However, the daily MACD histogram has started to diverge positively. At this point, let price break the resistance line ($29) shown in the daily chart for a safe bullish trade to happen. If price break the support line ($27.1) on a close basis, then the fall might continue.

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Opko Health Inc. (NYSE:OPK) broke out from its sideways consolidation on Friday with a 5% rally and a close over resistance at $7. Keep this one on your radar over the next week.

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3D Systems Corporation (NYSE:DDD) Broken 50-day SMA may act as resistance. For bigger correction price has to fall below the support line. Some of the short-term technicals are still bearish.

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I have Mercury Systems Inc (NASDAQ:MRCY) on my watchlist. It may be ready to break out of this flag consolidation. Bullish MACD cross on daily. Potential swing long above 7.58

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Gevo, Inc. (NASDAQ:GEVO) closed the day with a "doji" candlestick reflecting clear indecision. These candlesticks usually signal a reversal in trend. Additionally, the stock continues to hold above its rising 50dma support. I think in the short term GEVO will bounce nicely off this bottom.

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InterDigital, Inc. (NASDAQ:IDCC) continues to consolidate between the 43 and 45 price level. Breakout on either side on closing basis may give good direction. 50-day SMA continue to act as support for the stock during this consolidaiton.

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: DDD, FB, GEVO, IDCC, MRCY, OPK

23:17 | Permalink |

AC Investor Blog

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

Thursday, January 15, 2015

Stocks to keep an eye on January 16, 2015

Monday, November 04, 2013

Stocks to Watch for November 05, 2013

Saturday, May 25, 2013

A few stocks to watch next week

Monday, April 29, 2013

Stocks to Watch for April 30, 2013

Friday, April 12, 2013

Technical Setups for the week ahead

Friday, February 22, 2013

Few Potential setups for next week

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