AC Investor Blog

Swing Trade Ideas for the coming week

Apologies for the lack of blog updates in the past couple of weeks. I will try to be more consistent in posting but make no promises. Managing family time on weekends with markets, it's not easy.

( click to enlarge )

I still own some bitcoins. The chart pattern is compressed and Bitcoin is coiling up for a larger move. Breakout watch over 17400

( click to enlarge )

In the short-term, Bank of America Corp (NYSE:BAC) is extremely oversold and sentiment is negative. It can be very hazardous to sell into this condition. The stock opened Friday`s session at $32.11 and intra-day was ranging at 32.60-32.08 ending the session with a small loss of 0.18%. I think the stock looks ripe for a rally from extremely oversold conditions.

( click to enlarge )

PayPal (NASDAQ:PYPL) is this a bullish flag 4 hour chart? Some positive divergences in the chart showing up. Only a close above the 75 level would confirm this view. The underlying primary trend remains down. I like Paypal at current levels (we are at 2018 levels).

( click to enlarge )

Chemomab Therapeutics Ltd (NASDAQ:CMMB) witnessed a follow-up buying with a surge in volume like in late May/early June. This could be the start of a nice rebound! With small cap stocks history tends to repeat itself. If you follow the market long enough and study the small cap stocks closely you can find many consistencies, the trends, and other helpful signs that can help you turn a profit. Watch the break of 2.50 next week for a potential new explosive move to the upside.

( click to enlarge )

SINTX Technologies Inc (NASDAQ:SINT) Over the past 4 weeks we've rallied up to 0.145 and now back down to 10c forming the right shoulder of the Inverted Head and Shoulders pattern. It has the potential to break out, as this is one of the most reliable trend reversal patterns. The stock price declined by approximately 80% over the last 3 months. Despite the significant losses, the stock seems to be developing a reversal pattern that could see its price improve. A decisive close above the $0.14 resistance level could push this penny towards 35c. When it comes to penny stocks, nothing is impossible, look what happened with AMAM on Friday with a 1000% gain.

( click to enlarge )

Digital Brands Group Inc (NASDAQ:DBGI) closed back above the downtrend line from mid-Nov highs on the hourly chart to confirm the bullish momentum divergence. The stock needs to break Friday's high of $4.4 to expect a strong rally at this point. Low float former runner.

( click to enlarge )

Mullen Automotive Inc (NASDAQ:MULN) is still in bottoming mode it looks like. The daily technical indicators are looking better now for the stock. A reversal may be on the way. Only a close below 18c will invalidate the current potential bottom scenario.

( click to enlarge )

Treasure Global Inc (NASDAQ:TGL) Basing. Breakout watch over 2.21

( click to enlarge )

I like Lucid Motors (NASDAQ:LCID) for a bounce play over 8.84 if the market gets a relief bounce.

( click to enlarge )

Smartsheet Inc (NYSE:SMAR) flagging. Breakout watch over 38.51

( click to enlarge )

Zeta Global Holdings Corp (NYSE:ZETA) is setting up to break out and has one more level to go, which is $9.23

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: AMAM, BAC, CMMB, DBGI, LCID, MULN, PYPL, SINT, SMAR, TGL, ZETA

15:55 | Permalink |

Stock Picks for the upcoming week

( click to enlarge )

Indian Energy Exchange Ltd (NSE:IEX) looking bullish flagging on the daily chart. Next buy point when it clears 234.62 on volume with an SL around its rising EMA13

( click to enlarge )

Spirit Realty Capital Inc (NYSE:SRC) gave a pocket pivot buy point on Friday. Watch for a good follow through day next week.

( click to enlarge )

Yatra com (NASDAQ:YTRA) Big Breakout on heavy volume. Buyable on a pullback to the pivot. The technical daily chart shows a continuation of the trend with MACD and RSI in the Bullish areas. There is a good chance the stock will continue to move up next week. Next pivot point lies at $3

( click to enlarge )

Mullen Automotive Inc (NASDAQ:MULN) In a shorter time frame price is still trading sideways. Major resistance around 33c. I think it’s likely that bulls will attempt a test of that level again in the coming sessions.

( click to enlarge )

Wisekey International Holding AG (NASDAQ:WKEY) After Friday's news I think this stock is heading back over $2. I like this stock for the next few weeks. Keep it on your watchlist.

( click to enlarge )

Blue Apron Holdings Inc (NYSE:APRN) Some signs of selling exhaustion have emerged. We have all seen how quickly the stock can head higher, when the buyers come. I believe the stock is ready to post a sizable bounce from current levels. Gap fill candidate next week.

( click to enlarge )

Digi International (NASDAQ:DGII) needs to break above 42.05 next week to make a new higher high and extend the current upward trend. On watch.

( click to enlarge )

Nuwellis Inc (NASDAQ:NUWE) This penny stock is still in play for me for a swing trade. The recent offering was closed at 25c. I wouldn't be surprised to see the stock test 20c at some point over the next few weeks. The chart shows a possible reversal in trend. A breakout beyond $.132 will take the price to $.20 (it's important to remember that penny stocks are very risky, so play accordingly).

( click to enlarge )

Hour Loop Inc (NASDAQ:HOUR) Flagging with possible acceleration above $3.05 resistance

( click to enlarge )

Apple (NASDAQ:AAPL) has become increasingly bullish and is setting up for a potential swing trade. Breakout watch over 153.59

BLACK FRIDAY SALE IS BACK !! Get 30% off Trade Ideas when you use code FRIDAY30 for a new subscription or Upgrade to Premium by Clicking HERE. Trade Ideas is my favorite intraday scanning tool. Have a great weekend everyone !!

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, APRN, DGII, HOUR, IEX, MULN, NUWE, SRC, WKEY, YTRA

18:55 | Permalink |

7 trade ideas for next week

( click to enlarge )

Longeveron Inc (NASDAQ:LGVN) is nearing a key resistance level in the 3.70 area (upper line of the large falling wedge formation). When lower highs and lower lows form, as in a falling wedge, a stock remains in a downtrend. Technical daily indicators are displaying positive divergences and I think we could see a strong reversal over the coming days. The stock price sits right at its 52-week low and has fallen from over $16.7 a share to the current $3.62 price. Considering the bullish momentum on Friday, I think the stock looks set to break higher next week. This is a Heavily shorted low float small bio name with a robust clinical pipeline with clinical efficacy signals in multiple indications with large unmet need: Alzheimer’s Disease, Aging Frailty, and HLHS and a solid balance sheet, cash into 2024. Keep this stock in your radar list. On my firework list.

( click to enlarge )

Shares of Borqs Technologies Inc (NASDAQ:BRQS) broke through resistance at $.68 and closed above its 20-day exp moving average for the first time since weeks. This could be a significant turning point for stock.

( click to enlarge )

Mullen Automotive Inc (NASDAQ:MULN) has become increasingly bullish and is currently consolidating in an attractive pattern (Bull flag). A move past $.46 would be a strong indicator of a further uptrend in the stock. Stay tuned.

( click to enlarge )

CEA Industries Inc (NASDAQ:CEAD) Potential double bottom formation. Stalking. Over $1.05 would be a buy trigger.

( click to enlarge )

Netflix (NASDAQ:NFLX) Rallied hard Friday on volume. If it clears back over its 200-day EMA it may have some good upside to fill the gap.

( click to enlarge )

Atlis Motor Vehicles Inc (NASDAQ:AMV) Volume is drying up while daily RSI remains extremely oversold at 15.88 on the daily chart. Could see another explosive move to the upside

( click to enlarge )

MacroGenics Inc (NASDAQ:MGNX) breakout on solid volume. The stock continues to show strength as the rise in volume confirms the price uptick. Fresh exposures may be considered on price weakness, with a stop-loss at $3.78. Going forward the next levels to watch above are seen at 5 and 5.41

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: AMV, BRQS, CEAD, LGVN, MGNX, MULN, NFLX

15:15 | Permalink |

Top Stock Trade Ideas for the upcoming week

( click to enlarge )

Bright Minds Biosciences Inc (NASDAQ:DRUG) The stock finally broke the hourly falling wedge formation on large volume. The technical chart shows buyers are back. With the surge on Friday %K line is again on top over %D line showing the stock is back to a new rally. A move towards $2.50 can be expected as long as $1.52 holds.

( click to enlarge )

I have been following SuperCom Ltd. Ordinary Shares (NASDAQ:SPCB) for a few days now and surprisingly it showed some strength in the final hour on Friday in a depressed market. On the momentum front, I'm seeing some positive divergences in several key momentum indicators, but this is not confirmed yet, as prices have not shown a confirmed reversal. At the bottom of the chart is the accumulation/distribution line, and readings on the indicator suggest the stock has been under strong accumulation lately. The stock needs to break Wednesday’s high of $.41 to expect a strong rally at this point. I took a strong/long position last week. Note: The company already awarded several contracts in the last few months that are worth several million.

( click to enlarge )

Kidpik Corp (NASDAQ:PIK) Another interesting small cap for the month of September. The company continues to form a base around the $1.9's as we get ready for another major move higher. A break of $2.39 EMA100 with force might give the stock room to $4

( click to enlarge )

Mullen Automotive Inc (NASDAQ:MULN ) Friday’s action in the share price leads me to believe that we may see a reversal trend at this level. To sustain this point of view, stock needs to sustain actual levels in the days to come. Watching if this can go into $.74's next week to test/break the long downtrend line.

( click to enlarge )

BioXcel Therapeutics Inc (NASDAQ:BTAI) is showing positive momentum as the stock tests a basing pattern breakout level. Breakout watch over $15

( click to enlarge )

Reviva Pharmaceuticals Holdings, Inc. (NASDAQ:RVPH) decisively broke the bull flag formation with a big bullish engulfing candle and might soon find itself in next resistance at the 3.10 area

( click to enlarge )

American Resources Corp (NASDAQ:AREC) has been on a nice uptrend recently and could be ready to breakout again. Waiting for a break and closing above the $3.45 level for a long position.

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: AREC, BTAI, DRUG, MULN, PIK, RVPH, SPCB

19:30 | Permalink |

A few small caps on my Top watchlist for next week

( click to enlarge )

Kidpik Corp (NASDAQ:PIK) closed up double digits on Friday above its declining EMA100 for the first time in months and could see some nice upward movement next week. This thinly traded stock was trading over $3.5 a share a little less than a month ago. It has dropped on low volume and looks ready to post a counter rally. Considering the apparent lack of shares in circulation and the big short interest I don't think it will take much buying interest to get moving. Watch it over 2.69 next week for a nice short squeeze, once it starts to squeeze higher there is really no telling exactly where it will go. One thing we do know, shorts need to buy back stock to profit from their bets, which only adds fuel to the fire. Note: The company will report its second quarter 2022 financial results after the market closes on August 16, 2022

( click to enlarge )

Nautilus, Inc.(NYSE:NLS) the technical chart is looking good for this stock and we could be looking at the start of a sustained price recovery. Considering how far the stock has fallen, a rebound could mean a big move up for this stock. Keep an eye on it.

( click to enlarge )

Ontrak Inc (NASDAQ:OTRK) I really like this small bio cap, although the price sits at recent lows, I feel it deserves a much higher valuation. Watch it over 91c for continuation next week.

( click to enlarge )

Minerva Neurosciences Inc (NASDAQ:NERV) I think this stock will post a sharp rally from current levels. This was a $7 stock last week and at $3.29, in my opinion, there is a compelling risk/reward scenario for a new swing trade. The risk is the stock continues to fall, the reward is a swift 30-50% type move for this low floater play. Long setup on watch.

( click to enlarge )

Sharplink Gaming Ltd (NASDAQ:SBET) I've been behind this stock for quite a while now. On Friday, the stock closed at $1.25 a share above the declining EMA100 for the first time in months and looks poised to continue its move higher next week. I always felt this stock was a great buy at its lows, and even now I believe there is profit potential from these prices. Buyable on any dip.

( click to enlarge )

Bitnile Holdings Inc (NYSEAMERICAN:NILE) is a candidate to be traded in breakout mode next week. The Daily technical indicators are looking better for the stock with MACD indicator above its sell signal line, %K line on top of %D line and RSI indicator moving up above the 50% level. This is one for the bottom pickers. Keep an eye for a possible breakout over $.38

( click to enlarge )

G Medical Innovations Holdings Ltd (NASDAQ:GMVD) I still like this stock for a nice rebound in price.Typical Cup and Handle bottom pattern. Neckline 42c the break of this level could send it to 75c

( click to enlarge )

Mullen Automotive Inc (NASDAQ:MULN) Potential triple bottom formation is seen after prices remain supported at key support zone 75c-82c. This stock in the past has gotten very hot, and we could be seeing that again. MACD is also displaying a positive divergence.

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: GMVD, MULN, NERV, NILE, NLS, OTRK, PIK, SBET

15:01 | Permalink |

Potential Trade Setups for the coming week

( click to enlarge )

Acacia Research Corp (NASDAQ:ACTG) Technical indicators are displaying good signs. Breakout watch over 5.29

( click to enlarge )

Knightscope Ord Shs Class A (NASDAQ:KSCP) Looks like a bottom formation in progress on the daily candle chart. A breakout over $3.33 on volume would send this flying. Technical indicators are also giving the first bullish signs. On watch.

( click to enlarge )

Mullen Automotive Inc (NASDAQ:MULN) poked through its EMA13 on good volume Friday. EMA50 or $1.34 is an important resistance that once broken, will set off a huge run up in stock, the 1st target would be $1.71 which is the last month's high level.

( click to enlarge )

Coinbase (NASDAQ:COIN) needs to take out 64.09 in order to convince bullish buyers at these levels. Keep on watch.

( click to enlarge )

Bit Digital Inc (NASDAQ:BTBT) is on the verge of breaking this downtrend line. Long setup on watch.

( click to enlarge )

Neptune Wellness Solutions Inc (NASDAQ:NEPT) was added to my watchlist as a possible bottom bounce-play. The daily technical chart is displaying positive divergences on momentum indicators and with the stock in oversold territory, these are the perfect conditions for a short-term rally.

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: ACTG, BTBT, COIN, KSCP, MULN, NEPT

15:56 | Permalink |

AC Investor Blog

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

Sunday, December 11, 2022

Swing Trade Ideas for the coming week

Saturday, November 19, 2022

Stock Picks for the upcoming week

Sunday, October 23, 2022

7 trade ideas for next week

Sunday, September 04, 2022

Top Stock Trade Ideas for the upcoming week

Sunday, August 14, 2022

A few small caps on my Top watchlist for next week

Sunday, July 10, 2022

Potential Trade Setups for the coming week

About Me

FREE NEWSLETTER

Support AC

Follow me

Advertising

PREVIOUS POSTS

TRANSLATOR

Site Information

Stock Market Blogroll

Friends BLOGROLL

ARCHIVES