AC Investor Blog

Stocks to Watch for February 23, 2016

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Second Sight Medical Products Inc (NASDAQ:EYES) broke the ascending triangle pattern on very large volume. Today’s action in the share price leads me to believe that we may see a reversal trend at this level. A move towards $6.40 can be expected as long as $4.98 holds.

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Amedica Corporation (NASDAQ:AMDA) broke out of a small consolidation range on Hourly, as the stock closed up 22 cents on decent volume. I will be watching it tomorrow for a continuation of this breakout. The short-term trend is still bullish as the stock is still on top of all EMAs. Other good news, the MACD is perking up and the ADX is moving up. I think the stock has room to go higher. Watch the stock closely on Tuesday.

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A move on BlackBerry Ltd (NASDAQ:BBRY) above the declining 50-day EMA could spark a nice short-squeeze. The stock is displaying upside momentum again and is poised to move higher from these levels. Nearest resistance for the stock is at $7.36. If this level is crossed and the stock is able to sustain above this level, then it might go to $8. On the downside, the stock has a strong support at $6.98.

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Plug Power Inc (NASDAQ:PLUG) could be getting ready to break out. I'm setting resistance at $1.89, which was the high of Wednesday. If the stock breaks through, the next resistance lies at $2.10. From a technical standpoint, the daily chart looks Bullish with both 9, 13 and 20 daily moving averages going up and MACD on top of 0, RSI in a Bullish area too. Plus, the A/D indicator shows a marked increase in accumulation since mid-January.

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Nuance Communications Inc. (NASDAQ:NUAN) nice runner from the buy list on Saturday. Perfect follow through day. The near-term trend is bullish and a move to the 20-20.15 range appears likely.

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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: AMDA, BBRY, EYES, NUAN, PLUG

21:52 | Permalink |

7 High Momentum Stocks to Watch next Week

What a week my twitter followers had with some amazing gains on multiple stocks from my watchlist : VRNG, WTW, NK, XON, TEX, ZIOP, CSCO and KMI. So, a big congratulations to all of you. Here are the stocks you should be watching next week.

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Vringo, Inc. (NASDAQ:VRNG) price finally broke out of the falling wedge formation last week accompanied by HEAVY volume, as we see on its daily chart above. With over 9.5% of the float being held by short sellers, the stock could see another major rally to higher levels as the shorts cover their positions. There was strong buying interest throughout Friday's session and I see no reason why Monday won't be any different. With the 100-day EMA at $2.86 and the 200-day EMA at 4.62, there is a lot of room for this rebound to go. Momentum indicators are slightly bullish now with RSI inching away above the middle level. The strongest sign of a bullish momentum is the daily MACD indicator which has just started to increase. The A/D is also showing positive signs on the stock. I suspect we could see a parabolic move upward, so keep it on the radar.

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Microvision, Inc. (NASDAQ:MVIS) had a great move on the upside Friday and closed at $2.85. The stock is setting up to break out and has one more level to go, which is $2.90. This stock has a short interest ratio of 52 (Wow) based on average daily volume of 184.000 shares and 7.9 million shares short (17.16% of float SHORT). This stock could be a good short squeeze opportunity on any positive news/breakout. From a technical perspective, the stock is back to bull market rally with daily MACD on top of 0 and +DI line on top of -DI line (When +DI crosses above -DI a buy signal is triggered). The stock has good upside potential, so keep watching the stock for further moves. Watch the stock on Monday, because once it breaks through, it will run fast. Im long.

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Nuance Communications Inc. (NASDAQ:NUAN) continued to show strength and is still worth watching. During Friday’s trading session, the stock closed at its High of Day, breaking an important resistance zone. I think that the 20 dollars range will be tested in coming sessions. Technically, the stock is bullish with a lot of hot indicators showing up. The slope of the recent upward move is very steep accompanied by increasing volume. I feel very strongly that NUAN will rally towards the $20 range and then have some type of pull back. Plus, we saw unusual options activity Friday. Im Long.

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Tableau Software Inc (NYSE:DATA) I think the rebound is still intact. The $45.15 (9EMA) level will present some resistance next week, but any break or close above this key resistance line will set $50 into focus. Short-term technical indicators continue to improve. The drop after earnings was an overreaction and exaggerated IMHO.

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Let’s take a look now at Canadian Solar Inc.(NASDAQ:CSIQ). Looking at the daily technical chart, we can see that it is positively reacting to the recent events. This stock is now consolidating the recent surge above the 20EMA. The good side of this stock technically is that the MACD has turned up and is rising, so CSIQ is still bullish for now even if it is still consolidating. Although both 50 & 200 EMAs are falling, the rising KD shows the stock is probably now in recovery mode. By a technical perspective, the outlook is now bullish and the stock could move to $20.4-21 levels in the near term.

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I'm keeping an eye on Ctrip com International, Ltd. (NASDAQ:CTRP) for a breakout above its 50-day EMA located now at 42.67. A break of this flag pattern could move the stock towards the $45 level. The stock looks pretty good holding above its 20 and 200 day exp moving averages. The 9 day EMA also just crossed above the 13 day EMA which is another positive bullish signal. Watch the stock closely next week.

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Rambus Inc. (NASDAQ:RMBS) I continue to support the idea of a possible break out of this large consolidation pattern. As long as 11.50 support holds the sideways movement could be treated as consolidation of the uptrend from 10.75, and another rise to 13.50 area could be expected after consolidation. A break and close above the top of the range on volume will signal completion of the pattern. Beside that the stock has a nice gap to fill.

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Weight Watchers International, Inc. (NYSE:WTW) was a stock I alerted to my twitter followers on Thursday before the breakout. For those who got in when I alerted, congratulations on your 20% profit. From a technical standpoint, price broke through that critical 14.59 level Friday on heavy volume and looks to be heading higher. The stock hit a high of $15.29, which is resistance for Monday’s move.

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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: CSIQ, CTRP, DATA, MVIS, NUAN, VRNG, WTW

14:58 | Permalink |

Potential breakout setups for next week

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Nuance Communications Inc. (NASDAQ:NUAN) is poised to break this triangle formation and could trade higher. On the upside, it may lead towards 14.60 levels and a breach of this area could force it up towards 15.01 levels. On the other hand, any dip below 14 levels could direct it towards 13.75 levels. The technical daily indicators are looking bullish. The MACD indicator is above the signal line and rising in positive territory. The RSI and slow stochastic are inside their bullish regions.

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King Digital Entertainment PLC (NYSE:KING) The potential inverted head and shoulders pattern is still valid on daily chart but we need a breach of the neckline near 16.45/51 area to confirm. The target of this bullish pattern is the $20.5/21 area, which coincides with the target of JPMorgan. While the RSI shows overbought conditions, current strong momentum likely to continue. Keep on watch for the break on volume and go long.

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Twitter Inc (NYSE:TWTR) has been consolidating after a mid-March surge from around 46 to 51.87 in 5 sessions. The stock is in a bullish flag/channel with price above all moving averages. MACD and RSI are both trending upward on the daily chart. Keep this one on your watch list, it could be setting up to break out of this flag.

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Arca Biopharma Inc (NASDAQ:ABIO) Another one that looks like a potential long opportunity. The stock pulled back on Thursday but did not attract many sellers, the volume was significantly low when compared to the rally seen the day before on Wednesday. From a technical stanpoint, the stock seems to be forming a Bullish inverted Head and Shoulders pattern with the neckline near the DT line. Additionally it has an up-trending MACD, indicating accumulation and the accumulation/distribution line also spiked higher on Wednesday. I believe the stock is on it's way to go break its 200-day EMA, which could accelerate the move up and the breakout. My stop loss on this will be the 0.70 level.

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Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) had a remarkable rally Thursday on solid volume. Watch this downtrend line carefully here. A move above $15.35 (20-day EMA & DT) could spark a nice short-squeeze.

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JD (NASDAQ:JD) Technical daily chart looks pretty good. Accumulation continues to trend higher despite recent pullback. A break of this small bull flag would target a move to 31 on a continuation higher. Initial stop loss should be set below the 20-day EMA in 28.9 area.

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NetApp Inc. (NASDAQ:NTAP) After getting punished lower in the past four months, the price has been stabilizing and starting to build optimism along with the RSI giving positive signals. 35.88/36 zone is pretty much the pivot here. If it breaks and close above, we could see 37.50 quickly.

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On the daily time frame, I would like to point out some interesting signals on the long-term chart for Rambus Inc. (NASDAQ:RMBS). We have a potential "W" bottom here with the Accumulation/ Distribution line making new highs. This suggests that the stock has been accumulated for the last 3 months. Watch for a break this flag to enter longs for a 13.3/50 price target in the near term.

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VirnetX Holding Corporation (NYSEMKT:VHC) stock showed buying strength all day on Thursday and has regained the 100-day exponential moving average for the first time in over 3 weeks. If it breaks Thursday's high next week then expect $6.9-7 on upside as indicators showing signs of reversal. Stop loss 5.83

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: ABIO, ASPS, JD, KING, NTAP, NUAN, RMBS, TWTR, VHC

11:23 | Permalink |

Stocks to Watch for November 11, 2014

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BlackBerry Ltd (NASDAQ:BBRY) The stock price finally broke the downtrend line that it established since July on solid volume. This could be the start of a new trend higher. It looks very strong on charts. RSI is moving up and above its 50 level. The daily MACD continues to trade in the positive zone and the CMF is also moving up which means there is more money flowing into the stock. I hold my $12 short-term target. A breach of that level will open up more gains.

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Centrus Energy Corp (NYSE:LEU) This low float momentum play is on the verge of really blowing up. I would not be surprised to see the stock test $8.5-8.8 at some point over the next few days. After an excited trading session on Friday, the stock experienced aggressive buying pressure again today, closing the day with gains of more than 7% on decent volume. It seems to be a promising stock to follow in the coming sessions.

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Nuance Communications Inc. (NASDAQ:NUAN) has been pulling back after a sharp rally on heavy volume and I think that it will resume its climb very soon.

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Chinanet Online Holdings Inc (NASDAQ:CNET) Seems like it is still basing and may still have a chance to move higher. The technical chart shows bullish momentum as the stock is above the major exp moving averages. All indicators still point to a bull market.

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Zynga Inc (NASDAQ:ZNGA) is starting to turn back up. I'm looking to see this stock re-test its October highs shortly. The MACD is still increasing (positive divergence) and stock price has regained its position above the 20-day EMA. If the stock can break through $2.60, we should see strong volume drive the stock higher.

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Electronic Arts Inc. (NASDAQ:EA) Flagging here. A breakout above $41.45 would constitute a technical entry for the short term trader looking for a quick trade.

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Plug Power Inc (NASDAQ:PLUG) Good looking chart. It's a buy on a break of 5.48 with solid volume.

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, CNET, EA, LEU, NUAN, PLUG, ZNGA

22:23 | Permalink |

Stocks to Watch for November 3, 2014

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Plug Power Inc (NASDAQ:PLUG) Last week the stock broke out of the symmetrical triangle formation in the daily chart to the upside with volume increasing, invalidating the bearish bias. In addition, it closed above the 50-day EMA for the first time in recent weeks and could accelerate quickly to the 5.25 area, my short-term target. The trajectories of momentum indicators suggest continuation of positive bias for the stock for the near term.

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FuelCell Energy Inc (NASDAQ:FCEL) ended yesterday's session at 2.02, gaining 10% with 8.7 million shares traded. The stock has finally closed above the $2 level but had a bit of a pullback towards the close. Next week, if it breaks and close above 2.07, I can see the stock rallying to 2.30 before any pause.

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Nuance Communications Inc. (NASDAQ:NUAN) broke out of a flag formation on higher volume. This will lead to a price target of 16.22-16.48. Key indicators on daily charts suggest continuation of positive bias and the stock is likely to show further up side.

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Rubicon Technology, Inc. (NASDAQ:RBCN) is showing sings of trend reversal here after forming a potential double bottom pattern of daily charts. It closed the week just above the 20-day EMA after some decent swings. The stock may attempt to go higher from here. Im long with stop located at 3.84.

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Apple Inc. (NASDAQ:AAPL) remains very strong on the charts. It could consolidate a bit here but we should expect more upside before a pullback.

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Southwest Airlines Co (NYSE:LUV) seems to be consolidating on the daily chart. Buy point is right around 35.50 on strong volume.

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Rambus Inc. (NASDAQ:RMBS) reclaimed and closed back above the 200-day EMA on solid volume. It may have signaled a reversal. Will watch for continuation 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: AAPL, FCEL, LUV, NUAN, PLUG, RBCN, RMBS

09:01 | Permalink |

Stocks to Watch for March 17, 2014

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GT Advanced Technologies Inc (NASDAQ:GTAT) If support in the range of 15.9 to 16.06 holds then the stock should target a retest 17.05 and then possibly 18. However, if it fails then deeper consolidations cannot be ruled out. Although price of the stock is in a clear strong uptrend, the momentum indicators in the chart above are showing signs of weakness. Both stochastic analysis and MACD charts are flashing a bearish outlook for short-term perspective. Traders with short-term perspective can hold the stock as long as it trades above its uptrending 13-day exponential moving average.

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First Solar, Inc. (NASDAQ:FSLR) is basing between its major exp moving averages and another trip to the recent highs can not be ruled out. I believe the analyst meeting on Wednesday could be a positive catalyst for First Solar shares.

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Neuralstem, Inc. (NYSEMKT:CUR) The stock price finally broke out of the upper line of the triangle pattern, on impressive increasing volume and closed above the line. All indicators are in favor of an upward price movement.

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Biodel Inc (NASDAQ:BIOD) is basing here for another move up IMHO. If next week support holds at or above 3.07 (200EMA) then the stock should move further upwards to retest 3.71 and then possibly towards 4.12. My immediate outlook stays bullish. The technical daily chart above shows it's about the time to buy the stock, as 50EMA is about to cross on top over 200EMA to form Golden Cross, a very bullish signal.

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Alphatec Holdings Inc (NASDAQ:ATEC) After being trading in a bearish tone for some time the stock appears to making a comeback in favor of the bulls. ATEC has already started its bounce back up and looks poised to break resistance at $1.48. d I think the stock could see $1.75 or better in short-term. This stock is held by major institutions including Paradigm Capital Management, Blackrock, etc.

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Nuance Communications Inc. (NASDAQ:NUAN) has finally closed above its 100-day exponential moving average currently placed around levels of $15.73 and it did so on heavy volume. The MACD indicator has just started to increase and the On Balance Volume is also showing positive signs on the stock. Stock price is expected to at least rally the next resistance at $16.88 and even go higher to test the next resistance level at $17.52.

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Sigma-Aldrich Corporation (NASDAQ:SIAL) shares may be in a consolidation phase following a nice up-trend. Keep an eye for a possible breakout over $96.63.

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: ATEC, BIOD, CUR, FSLR, GTAT, NUAN, SIAL

08:19 | Permalink |

Stocks to Watch for March 05, 2014

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First Solar, Inc. (NASDAQ:FSLR) needs to take out $58.85. The break of the key resistance with good volume should be the next buy point on FSLR The recent increase in trading volume and rising A/D suggests buyers are accumulating stock.

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Vical Incorporated (NASDAQ:VICL) Volume starts to pick up again. The stock price could make a move to the upside. A break of $1.60 with high volume might give VICL room to $1.79. Keep it on your watch list.

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Peabody Energy Corporation (NYSE:BTU) starting to get some momo once again. On the technical daily chart, we can see a few technical signals suggesting that a swing higher may be in the cards in the short-term.

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Ventrus Biosciences Inc (NASDAQ:VTUS) is a Biotech name that looks poised for bounce from bottom. The stock performed very well today, closing up 7% with high volume. Daily technical indicators are showing signs of turning around, with MACD curling up and RSI starting to turn up from deep oversold levels. If the potential "buy" signal confirms itself, I will be looking for a move to the resistance area at 1.7-1.75 at the very least. The company has 32.2M in cash ( $1.62 ps) and has zero debt. It's trading below cash levels and book value.

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Nuance Communications Inc. (NASDAQ:NUAN) broke out of an important consolidation area with a long white candlestick. This new rally should at least push the stock to $16

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: BTU, FSLR, NUAN, VICL, VTUS

22:33 | Permalink |

Stocks to Watch for February 5, 2014

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Pandora Media Inc (NYSE:P) stock price remains in consolidation phase trading above its major EMAs. Short-term technical bias, shows a neutral bias but overall still bullish. The 31.6 area has been providing a good support in the last three weeks and price need to make a clear break below that area to change the trend direction, therefore as long as the stock stays above 33.72 (20EMA) my technical outlook remains to the upside.

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Nuance Communications Inc. (NASDAQ:NUAN) made a nice movement today, closing slightly below its 50EMA. A clear break above this key level could trigger further bullish momentum testing 16.05.

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I think USEC Inc. (NYSE:USU) has found a bottom around 4.4-4.75 and looks poised to post a rally from current levels. Some technicals are displaying positive divergences. Keep it on watch.

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Graphic Packaging Holding Company (NYSE:GPK) still in a consolidation phase. The stock made another upside attempted but found a strong resistance around the 9.50 level. Only a break and close above 9.63 could trigger further bullish scenario.

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Gold Fields Limited(NYSE:GFI) Has room to run if it wants. Today’s bullish candle could be an early signal of a bullish reversal. A clear break above 3.62 could trigger further bullish pressure testing 3.82.

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: GFI, GPK, NUAN, P, USU

22:20 | Permalink |

AC Investor Blog

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

Monday, February 22, 2016

Stocks to Watch for February 23, 2016

Saturday, February 20, 2016

7 High Momentum Stocks to Watch next Week

Friday, April 03, 2015

Potential breakout setups for next week

Monday, November 10, 2014

Stocks to Watch for November 11, 2014

Saturday, November 01, 2014

Stocks to Watch for November 3, 2014

Saturday, March 15, 2014

Stocks to Watch for March 17, 2014

Tuesday, March 04, 2014

Stocks to Watch for March 05, 2014

Tuesday, February 04, 2014

Stocks to Watch for February 5, 2014

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