AC Investor Blog

Coronavirus plays and other stocks on my watchlist for the coming week

Dearest followers,

I will start the post by suggesting everyone to be responsible and stay at home. We are living difficult times due to the COVID-19 pandemie but right now we have to rediscover the value of being together. Staying at home or social distancing is the best way to stop the virus spreading effectively.

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Inovio Pharmaceuticals Inc (NASDAQ:INO) hit some scanners yesterday with some impressive volume and closed up 11.25%. Are more gains in store next week? From a technical standpoint, the stock on the hourly time frame has been consolidating above the hourly EMA200 for the next break higher. $7.85 is the recent high that needs to be broken with conviction (price/volume). After that break $11.93 will come in short order. Long setup on watch.

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SuperCom Ltd. Ordinary Shares (NASDAQ:SPCB) I purchased a large position on this small cap after the announcement of CEO that will buy up to 6M of shares and he said the current price does not reflect the value. "I believe the SPCB current stock price levels do not reflect the high intrinsic value of the company. This program provides me the ability to opportunistically acquire SuperCom shares and underscores my ongoing belief in the Company," commented Mr. Arie Trabelsi , President and CEO of SuperCom". Plus, the recent news makes me more interested: The company has won a new project with a California Central Valley county to provide employment and anger management services, valued at up to $3.8 million and they plan to leverage its proven, robust and scalable people tracking technology to aid in fighting the spread of the the coronavirus (COVID-19). Supercom is offering a new solution for quarantine and isolation monitoring to assist governments as they strive to contain and limit the reach of infectious diseases such as the coronavirus. I took advantage of the bad market on Friday to increase my position. 30m chart shows an increase in buying pressure (Accumulation).

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Myomo Inc (NYSEAMERICAN:MYO) continues to gain momentum. The stock has been on a nice uptrend recently and could be ready to breakout after decent volume in the last two trading sessions. I wouldn't be surprised to see this stock trade back to $5 or better in the short term.

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Document Security Systems, Inc. (NYSEAMERICAN:DSS) this stock deserves your attention next week. This company signed a letter of intent to acquire a coronavirus biotech last week (Impact Biomedical). Impact has a number of healthcare products in development including Equivir product which has been shown in studies to be effective as an antiviral against a broad range of viruses including in vitro efficacy against multiple strains of Influenza (H1N1, H3N2, H5N1, H7N9, Influenza B, Parainfluenza 3), Human Rhinovirus-14, Human Coronavirus-A, and Ebola. Equivir’s abilities to inhibit viruses via multiple targets have prompted further studies to test Equivir as a potential treatment of COVID-19. Looking at the hourly time frame, the stock looks right on the verge of a breakout. A decisive move above 21c has a measured move target of 26/27c initially, and any breakout should see price quickly move into the $.50s.

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OPKO Health (NASDAQ:OPK) I started buying this coronavirus play on Friday not because of the chart but due to its recent news and insider activity. At some point this stock will come on the radar of fund managers again. Might bounce here.

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Oragenics Inc (NYSEAMERICAN:OGEN) could be in the early stages of a technical breakout. The stock finally closed above the upper line of the falling wedge on the 4h chart for the first time since peak at 0.879. I will be watching very closely for news. The stock looks like it wants to run.

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T2 Biosystems Inc (NASDAQ:TTOO) The stock pulled back yesterday after a pretty significant breakout on Thursday. I like the idea of getting long here with a stop right below 32c. Company announced last week that it was awarded an Innovative Technology contract from Vizient, Inc., the largest member-driven health care performance improvement company in the country, covering its T2Dx Instrument, as well as the T2Bacteria and T2Candida Panels, that detect sepsis-causing bacterial and fungal pathogens directly from whole blood. Plus, company still tweeting that T2Bio’s Panels enable rapid ID of sepsis-causing secondary infections, providing ID in 3-5 hrs. direct from whole blood, enabling Drs. to target therapy for patients with co-infections associated with COVID-19. Still in play for me.

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China Pharma Holdings, Inc.(NYSEAMERICAN:CPHI) One of the best setups out there. I love to play falling wedge patterns. A breakout in the direction of the previous trend confirms the continuation patterns. This stock is breaking out again of a falling wedge which is generally a bullish signal. Definitely on watch 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: CPHI, DSS, INO, MYO, OGEN, OPK, SPCB, TTOO

13:39 | Permalink |

A Few Names on My Watchlist for the coming week

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Inovio Pharmaceuticals Inc (NASDAQ:INO) stock is up almost 230% from late February. As I always say, follow the money and the money looks to be flowing into this one. I signaled a buy alert on the breakout. INO’s move has been parabolic and is currently very overbought in all time-frames. A healthy correction or sideways consolidation may be coming to provide an opportunity to work off this strong rise and pullback to immediate support 12.79 EMA9 on hourly chart. As long as the stock stays above the $10 mark on a close basis, the intermediate uptrend by the stock is likely to remain intact.

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T2 Biosystems Inc (NASDAQ:TTOO) Thursday's tweet about Coronavirus (CLICK HERE TO READ) was the first issued by the company. As I have told my followers, I think TTOO is a penny stock that is just getting started. While it can take days or even weeks for these stocks to get going, when they do there is literally no telling how far they can go. We had several examples in the past days. The recent surge on the volume is telling us something, someone is accumulating a lot of shares before the big rally IMHO If the company releases a press release regarding Covid-19, the stock could spike to $1.5 a share, nearly triple its current level.

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Cocrystal Pharma Inc (NASDAQ:COCP) Add this stock to your watchlist following the news that the company has immediately initiated Coronavirus program. Watch the break of resistance at 1.63 for a possible run to $2.5+

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Castor Maritime Inc (NASDAQ:CTRM) released their financial results for the three months and Year Ended December 31, 2019 last week showing an impressive net cash from operating activities of $1.3 million as compared to $0.1 million in the corresponding period of 2018, which represents an increase of $1.2 million, or 1200%. The stock spiked to more than $2.5 right after the company reported its surprise upbeat earnings, but it has been pulling back due the current market enviroment closing on Friday at 83c. With an outstanding share count of only 3.32 million but the with the float of just 1.8 million shares we could see another big push to the upside to adjust this surprise earnings beat. Stock is forming a nice falling wedge on the 30m chart while MACD is starting to curl up. Add this stock to your watchlist.

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Globus Maritime Ltd (NASDAQ:GLBS) A drop from over $1.2 to a close of 45c on Friday. I think a bounce is almost inevitable at this point, and it will be a very sharp one. Add this stock to your watchlist.

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Tocagen Inc (NASDAQ:TOCA) broke out in impressive fashion on Friday closing above the declining EMA200 for the first time in months. I think we will see some nice follow through tomorrow. Next major resistance lies at 4.45

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NanoViricides Inc (NYSEAMERICAN:NNVC) is a risky play that seems to fit the description of some of these coronavirus stocks that have run. In order to suggest that the short-term trend has changed course, the stock needs to close above this horizontal resistance line, which currently resides at $12.90

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Myomo Inc (NYSEAMERICAN:MYO) looks poised for a break to the upside. Daily MACD is curling up and Slow Stochs crossover and upward turnaround. This is one of those stocks that could rise $1 - $2 in a hurry if buying pressure comes in.

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: COCP, CTRM, GLBS, INO, MYO, NNVC, TOCA, TTOO

10:58 | Permalink |

Stock watch list for next week

Dearest readers, followers and friends.

To recharge batteries, I will take few days off, from February 24th to 26th and back to office on Thursday. Snowboard/family time next week in Sierra Nevada, Spain. I would also like to inform, that i continue to see people cloning my twitter account pretending to be me and impersonating me. Please be informed, that i have just one Twitter account "@ACInvestorBlog" one email antonio.mrcosta at gmail dot com, one Stocktwits account and this blog. No Facebook and no Instagram. If you find something strange, please inform me, block and report.

Plus, any stock you see on this blog is there, because I felt it was worthy of being on this blog. Not because, someone gave me a check or wired me money. Most of the stocks that i posted here on a weekly basis are part of my portfolio. I thank you for coming here and reading what I have to say.

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Tesla, Inc. (NASDAQ:TSLA) closed green despite all the blood on the market. The stock chart pattern of Tesla is indicating accumulation by the smart money. Short-term traders can buy in small lots with a stop-loss at 880 (EMA50 on the hourly chart). On an upward break out, the stock can move up to 930 in the short-term.

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Myomo Inc (NYSEAMERICAN:MYO) Solid breakout play here, and has pulled back to the support on low volume in the last two sessions that represents the breakout level. Grabbed this pullback. Should resume the upside momentum next week.

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Synthesis Energy Systems, Inc. (NASDAQ:SES) Low float mania is back. This bottom play has a little over 1.5 million shares outstanding. For a stock trading at $5.4 a share this is an amazingly low number in the Oil sector. Plus, the daily chart is showing a stock that could be making strides toward turning higher. The daily MACD is curling nicely and the current 5.3-5.60 area looks like a some solid support/interest. I think SES has another sharp rally coming.

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Genprex Inc (NASDAQ:GNPX) Congratulations to those of you who took a chance after reading my blog. Obviously, there was a risk in this trade (profit taking or false breakout), but without risks there would be no 24.53% gains in the last week. From a technical standpoint, the stock continues to perform well. Keep an eye to see if it can breakout above the $5.75 level next week. SL EMA9 or 4.30

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NewLink Genetics Corp (NASDAQ:NLNK) Some positive divergences in the chart showing up. We might have seen the bottom and ready for a sustain rally. The breaking of Friday’s highs would be next buy signal.

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Alpha Pro Tech, Ltd. (NYSEAMERICAN:APT) continues to show strength as the rise in volume confirms the price uptick. Nice bounce in the last two days and on Friday it broke and closed above the upper line of its current bull large pennant continuation formation. Immediate resistance 5.98

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BioNano Genomics Inc (NASDAQ:BNGO) had a nice trading session following a great press release. The stock closed at $1.11 and hit a high of $1.15. If the stock can break and hold above $1.22 EMA100 next week the stock could quickly trade to $1.5 or better in the coming days.

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Yuma Energy Inc (NYSEAMERICAN:YUMA) has been basing for nearly one month, during which there has been consistent evidence of accumulation by strong hands. The stock could break out again in a big way 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: APT, BNGO, GNPX, MYO, NLNK, SES, TSLA, YUMA

14:59 | Permalink |

My Watchlist for Tuesday, May 15

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Boxlight Corp (NASDAQ: BOX) Hope you all enjoyed a great start to what could be a great trading week. A huge congratulations to all those who profited from Friday's alert on Twitter. The stock rallied for over 80% potential gains on Monday. I took profits and will keep BOXL on my watchlist for a possible re-entry. The next key resistance is located at $14.

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Tyme Technologies Inc (NASDAQ: TYME) was another big winner from the watchlist. The stock exploded from a low of 2.47 to a high of 3 for a nice intraday move of 18%. Congratulations to all my readers and twitter followers that played Friday's alert and pocketed some nice gains. As long as the stock stays above the EMA50, the bullish scenario still intact.

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Zosano Pharma Corp (NASDAQ: ZSAN) I would like to present this chart of another low float stock that could see a nice bounce in the coming sessions. Big rally in the final hour on Monday. Next key resistance is now located at 4.6, a break above this level will confirm the bullish trend, and the following uptrend will take price up to the GAP zone. The daily technical indicators are reversing up and are advocating for a technical rebound. Keep it on watch. Short-squeeze candidate.

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Tandem Diabetes Care Inc (NASDAQ: TNDM) had a very interesting move Monday on heavy volume. Ten months ago, shares traded as high as 12.2 a share, which leaves plenty of upside at current price levels and investors started to take notice of that. There is a good chance the stock will continue to move up.

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MYO potential breakout trade above 4.05 resistance area.

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Im keeping Payment Data Systems, Inc. (NASDAQ: PYDS) on the list for a possible move this week. The stock recently has been strong, which leads me to believe that there are buyers and we could see another up move soon. PYDS is a fast moving stock, so you need to watch it closely, because once it breaks through 1.87, it will run fast.

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MannKind Corporation (NASDAQ: MNKD) has been under pressure recently but in the last sessions the stock reversed its trend. The daily indicators are also showing signs of reversal. If it can break through the 1.92 resistance level, the stock should have a nice move on the upside. Im long.

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: BOXL, MNKD, MYO, PYDS, TNDM, TYME, ZSAN

08:24 | Permalink |

Stocks to keep an eye on Friday, January 12

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Rite Aid Corporation (NYSE:RAD) showed some strength on Thursday and closed nicely above the 2.27 resistance level on solid volume. This could be a significant turning point for stock.

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The money seems to be flowing into One Horizon Group Inc (NASDAQ:OHGI) as indicated by the OBV indicator on daily. With no resistance between $2 and $2.78, a break above the $1.75 area can see the stock trade in the $2 area pretty soon. Im long and strong with a stop around the 1.38 area. The key technical daily indicators have also begun to turn bullish, with key EMAs displaying a golden-cross following today's move. Have this on your watchlist.

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Caterpillar Inc. (NYSE:CAT) remains very strong on charts. She's extended but no one seems to care. I would wait for a little more consolidation before jumping in, but it looks like CAT is a stock to keep an eye on for awhile. So, I will be watching her carefully for any possible opportunities.

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Sociedad Quimica y Minera de Chile (NYSE:SQM) broke out to new 52-week highs today. The stock which has doubled since July of last year is positioned for more upside. As long as the stock price stays above $60 area, the bullish scenario is still intact.

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Iconix Brand Group Inc (NASDAQ:ICON) attempted to breakout but did not succeed. A breakout from this bottom zone will give an excellent opportunity for traders to pick up long positions. Breakout watch over 1.36 (unusuall call activity detected today).

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Short covering in some China stocks produced some strong gains on Thursday. Shares of KBS Fashion Group Ltd (NASDAQ:KBSF) broke through resistance at $5 and closed above the downtrend line for the first time since November. Going forward the next levels to watch above are seen at 6.24 and 7

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Myomo Inc (NYSEAMERICAN:MYO) is setting up for another run. Lets see if it breaks and closes above the EMA50. Long set-up on watch.

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: CAT, ICON, KBSF, MYO, OHGI, RAD, SQM

22:02 | Permalink |

Stocks to keep an eye on Friday, January 05

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Chinanet Online Holdings Inc (NASDAQ:CNET) saw its shares surged almost 780% to $9.56 per share today after announced a strategic partnership with Wuxi Jingtum Network Technology and the expansion into the blockchain industry and its related technology. Looking at this monthly chart, the stock has a strong resistance around the $13 level. We can expect to see a huge volatility in the stock, so play with tight stops.

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Izea Inc (NASDAQ:IZEA) another low float stock that could be in the early stages of a technical breakout. If the stock can break through 5.6 level, expect to see heavy volume drive the stock higher. Next resistance lies around the $7 area

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Zix Corporation (NASDAQ:ZIXI) Volume starts to pick up. Could make a nice move to the upside. A break of $4.65 with force might give the stock room to $5.20

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China Information Technology, Inc. (NASDAQ:CNIT) had a nice breakout with a pop of 45c to $2.02 or 29% on 3M shares, the biggest volume in a couple weeks. The heavy buying makes this an interesting situation and one worth watching on Friday.

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xG Technology Inc (NASDAQ:XGTI) is screaming for a strong rally opportunity and I think we can see some nice moves very soon. Keep on watch.

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Very bullish action on Xunlei Ltd (NASDAQ:XNET) this week. The stock firmed around 14-15.1 and then broke out with two days of high volume. Looks good for higher prices. Use the rising EMA9 as stop for long positions.

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Myomo Inc (NYSEAMERICAN:MYO) shares may be in a consolidation phase following a nice trend. Looks like it will move up again. Keep an eye for a possible breakout over $4.04

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: CNET, CNIT, IZEA, MYO, XGTI, XNET, ZIXI

22:17 | Permalink |

Bullish setups for the week ahead

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Myomo Inc (NYSEAMERICAN:MYO) The share price is starting to break out from its downtrend channel. The stock hit bottom in the low $2.50's last month and has started to work its way higher. On Friday, it was up over 45% on a breakout type move accompanied by high volume. With a float of just 3.25M shares, yesterday's high volume breakout could be the start of a nice squeeze higher. I believe that there is a strong case for further gains to the 6.5-7 area.

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Qualstar Corporation (NASDAQ:QBAK) closed up 13.6% on Friday at $8.76 a share accompanied by high volume. I had posted about this stock on Wednesday as a potential breakout play on blog at $7.20 and it has come through. Above, there are no key resistances on chart, all the way up to $12

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Endocyte, Inc. (NASDAQ:ECYT) This is a great chart set-up. Nice consolidation in a flag formation after last spike. Yesterday the stock broke out of the flag and reasserted the bullish trend. This rally could take the stock to $6.50 - $6.55 next week.

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Diana Containerships Inc (NASDAQ:DCIX) has done almost nothing but go down since July. Yesterday it bounced in a big way and could see more gains next week due to the high short interest. However, this is a stock to play with tight stop losses. Looking at the 10 minutes chart, on the upside, immediate resistances are located at 12,92 and 13.25 levels. On the downside, immediate supports are seen at 10,22 and 9. Keep in mind, this is a stock extremely volatile with huge swings.

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TOP SHIPS Inc (NASDAQ:TOPS) in the same sector also saw a big move yesterday, as its shares jumped more than 67% on the day, amid huge volumes. If it holds the 69c level, then it could validate a test of $1 mark again. Only a close below this level is bearish.

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DryShips Inc. (NASDAQ:DRYS) seems to have reversed from its short-term downtrend and could be starting a new uptrend. It broke the flag formation on heavy volume, thus confirming its trend reversal. Could be more gains ahead for stock.

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Shares of OncoSec Medical Inc (NASDAQ:ONCS) are moving upwards under heavy accumulation and the stock closed above its weekly EMA50-Day for the first time in years. Plus, MACD is also crossing both its signal line and the zero line, which can be an early signal of a new upward move. So, look for ONCS to continue pushing upwards.

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: DCIX, DRYS, ECYT, MYO, ONCS, QBAK, TOPS

14:19 | Permalink |

AC Investor Blog

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

Saturday, March 21, 2020

Coronavirus plays and other stocks on my watchlist for the coming week

Sunday, March 08, 2020

A Few Names on My Watchlist for the coming week

Saturday, February 22, 2020

Stock watch list for next week

Tuesday, May 15, 2018

My Watchlist for Tuesday, May 15

Thursday, January 11, 2018

Stocks to keep an eye on Friday, January 12

Thursday, January 04, 2018

Stocks to keep an eye on Friday, January 05

Saturday, November 04, 2017

Bullish setups for the week ahead

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