AC Investor Blog

12 Technical Charts To Watch Next Week

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IQIYI Inc (NASDAQ: IQ) has been in a consolidation over the last three weeks forming a bullish flag pattern after a big surge in price and volume in February. The stock jumped 5% Friday and closed at 27.02, two cents above key the psychological price level of 27. If it holds this level on Monday this could be the start of new momentum that could move the stock toward the 29 area.

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Goldman Sachs Group Inc (NYSE: GS) has been trading in a sideways range between resistance at 202.5 and support at 189 for a few months. With MACD showing good upside potential and RSI on the rise the trend should resume to the upside. Long setup on watch. Buy set at 202.5

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Ability Inc (NASDAQ: ABIL) is a candidate to be traded in breakout mode. The daily technical indicators are looking better for the stock with MACD indicator above its sell signal line, the ADX value is increasing and RSI indicator moving up from the 50 level. It is one for the bottom pickers. Volume was on the light side, but once the stock breaks out we'll see an upturn in buying. Key resistance is now located at $2.05, a break above this level will confirm the bullish trend and the following uptrend will take price up to $2.8 zone.

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We are on the verge of a possible breakout in the shares of ShiftPixy Inc (NASDAQ: PIXY). The stock looks like it could be getting ready to go imho. PIXY is worth a close look.

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Leap Therapeutics Inc (NASDAQ: LPTX) needs to take out $2.46. The break of the resistance line with heavy volume should be the next buy point on LPTX. Technical chart shows bullish sign with %K line on top of %D line and MACD on top of signal line.

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Qutoutiao Inc (NASDAQ: QTT) made a strong run the last hour of the day, closing at highs. The $15.65 level is an obstacle for this stock. If it can break through, buy the stock and watch it take off using the rising EMA9 as a stop loss.

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Telaria Inc (NYSE: TLRA) is starting to make a move to break through the top of its range. This is a good stock to watch and once it breaks through $6 on a close basis, the stock should move.

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Riot Blockchain Inc (NASDAQ: RIOT) above $3.99 could spark a nice short-squeeze. The stock had a nice surge a few days ago and has been in the process of consolidating. I think the stock has room to go higher. Watch the stock closely next week.

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Cellectar Biosciences Inc (NASDAQ: CLRB) Volume starts to pick up. Could make a huge move to the upside. Keep it on your watch list. A break of $2.50 with force might give CLRB room to $3

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Tetraphase Pharmaceuticals Inc (NASDAQ: TTPH) broke through resistance at $1.39 accompanied with high volume. We should be able to see some decent upside movement for the bulls here.

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Oragenics Inc (NYSEAMERICAN: OGEN) made big moves on volume in after hours trading Friday. The strength of current momentum could extend Monday and push the stock above the previous high set in Feb at 99c. If this breakout occurs we could see the stock trading in the $1.2-$1.35 area in the next couple of trading days. We should be able to see some decent upside movement for the bulls here. Long setup on watch.

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Nvidia (NASDAQ: NVDA) has a gap to fill over 170 on the daily chart should still be more upside left in this one. Long setup 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: ABIL, CLRB, GS, IQ, LPTX, NVDA, OGEN, PIXY, QTT, RIOT, TLRA, TTPH

15:18 | Permalink |

Eleven chart setups to watch next week

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Advanced Micro Devices, Inc. (NASDAQ: AMD) which has been building momentum since mid-December, broke out of its bullish flag/consolidation on Friday. A move above 22.22 next week, would confirm the breakout and point next to a target zone of 23.75 to 24.5. Daily technical indicators are looking bullish. MACD is above its signal line, and both are moving up in positive territory. RSI has moved above its 50% level. Remain invested with a stop loss at $19.39

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Overstock (NASDAQ: OSTK) price broke out last week. Friday's heavy volume was what you want to see when a stock confirms the break of the resistance. From a technical standpoint, I believe it is time to be Bullish again on stock. I took profits on Friday around $19 and will wait for a pullback to pivot point to re-enter. Congrats to the followers that followed and cashed in last week’s 21.48%

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Cloud Peak Energy Inc. (NYSE: CLD) is still in my watch list for next week. Still looks strong. Looking at the daily chart above, the technical indicator A/D still shows strong accumulation, while MACD and RSI are rising. This could be the start of a short-term trend reversal for CLD, which is why I'll be watching the stock next week. Resistance is 42c, which was Friday’s high of the day. If the stock breaks through, there is a good chance you will see a strong upside move. Consistent move above this level could trigger further upside momentum re-testing 70c before testing 80c region. Im long. Note: BlackRock increased its stake last week to 10M shares or 15%

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American Electric Technologies, Inc. (NASDAQ: AETI) will be a stock to keep a close eye on the next few days. The stock is trapped between its major moving averages and imply that a breakout of the trapped zone must occur. I expect to see a high volume move once the stock breaks through 94c resistance, as traders are watching this stock closely. The OBV is showing a rising move, indicating a rising money flow into the stock. Keep the stock on your screen because once AETI breaks through resistance, the stock should take off and move quickly. As i tweeted, I added to my portfolio on Friday.

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Trillium Therapeutics Inc (NASDAQ: TRIL) is on the verge of a BIG breakout. The stock ended the day with a strong gain of 18 cents (11%) to $1.76. It pushed higher throughout the day and closed out the session near its highs. This creates a bullish scenario for Monday, one in which the stock opens the day a few ticks higher and then continues its rally. From a technical standpoint, there are some signs of a possible bounce due to the oversold indicators and some positive divergences on daily MACD, which often leads to short covering. Let’s see whether the stock can gather enough momentum to break through $1.80. This stock runs fast.

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HUYA Inc (NYSE: HUYA) had a very good bullish rally on Friday accompanied with large volume, breaking out of a small consolidation period. Short-term targets are 23.85 and 24.19. The MACD is rising and still in the positive zone. Long setup.

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Qutoutiao Inc (NASDAQ: QTT) strong bullish bar on Friday with a close near the highs of the day. Watch for a follow through day on Monday. Next major resistance lies at 9.78

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Rewalk Robotics Ltd (NASDAQ: RWLK) is threatening to break through the 31c resistance level which would be a very bullish sign. If it breaks, we could see 40c quickly. The stock price has been strong over the past weeks, so watch it closely the next few trading sessions. GREAT ARTICLE to read this weekend: Bill Gates Examines Exosuits at the Wyss Institute at Harvard

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VirnetX Holding Corporation (NYSEAMERICAN: VHC) Looks to have a bull flag pattern on it after a couple of powerful days into it. Next buy point would be on the day the stock blows through $5.4 on heavy volume to test the recent highs. The stock will continue in its bullish movement upward as long as the stock holds and stays above the $5 level.

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NVIDIA Corporation (NASDAQ: NVDA) closed back above the declining EMA50 for the first time since October. Stock is on my watch list for next week. The stock price can potentially set-up well for a swing-trade, if it confirms this breakout.

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JinkoSolar Holding Co., Ltd. (NYSE: JKS) On my swing long list. Strong Breakout. The technical daily above chart is showing buy signal with stock trading above 50-day and 200-day exp moving averages with MACD on top of signal line in positive territory and %K line on top of %D line. Watch for next leg up. Technically, dips should be bought. Long setup.

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: AETI, AMD, CLD, HUYA, JKS, NVDA, OSTK, QTT, RWLK, TRIL, VHC

19:41 | Permalink |

My Watchlist for Monday, October 30

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NVIDIA Corporation (NASDAQ:NVDA) is in a strong bull Market. The stock hit a new all-time high on Friday, making a run and breaking the psychological level of $200 and out of a consolidation pattern. All key technical daily indicators are in bullish zones, but showing some negative divergences by failing to touch new highs with the stock. Let's see if stock will sustain next week this movement. Keep NVDA in your watchlist.

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Net Element International Inc (NASDAQ:NETE) has been beaten down since the last week of September, but at this moment it seems pretty clear that buyers have been waiting in the 4.5-5 range to enter again. The stock looks like is starting to turn back up and some key indicators are giving the first bullish signs. The Stochastic Oscillator is registering a bullish signal as the %K has crossed above the %D and the MACD is rising slowly. The stock needs to close above $4.9 on a daily basis in order to mitigate the negative near-term view. With a huge short interest versus its tiny float this stock can move very fast, with larger swings. I started a position in NETE Friday.

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Huntsman Corporation (NYSE:HUN) broke out to a new all-time high Friday, accompanied by a good volume suggesting higher levels. This stock has been in a nice uptrend for the last five weeks and it looks very strong with all EMAs going up. HUN is now on the overbought level, so this means a possible correction is near. Pullbacks to 29.50 are buyable.

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Skyline Medical Inc (NASDAQ:SKLN) Massive high volume spike on Thursday, breaking out of a month consolidation (ascending triangle pattern). The stock could make another push for $2.4-2.5 without much resistance. Technical Indicators are supporting the bulls. Another low float stock on High alert.

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Tandem Diabetes Care Inc (NASDAQ:TNDM) Insiders and institutions have been buying a lot of shares in recent weeks, which indicates that they are bullish about the company's ability to recover. The daily chart looks like it is forming a similar bottom pattern as it did in August. Based on the recent insider activity and pattern, i continue to believe the stock has a lot of room to run. Frankly speaking, it is deeply undervalued at current levels. For some reason, institutions purchased more than 2 Million shares in the last two weeks. The company float is just 9M shares.

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Marinus Pharmaceuticals Inc (NASDAQ:MRNS) made a strong upside reversal on Friday, printing a nice bullish engulfing candle on strong volume and I expect a pop above 6.50 at some point next week. Stop 4.95

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Rambus Inc. (NASDAQ:RMBS) Great run last week on very strong volume surge. Typical pullback on Wednesday and Thursday after a strong breakout. Stock has not traded at this level since August 2016. Let's see if the price can hold above this key support area next week and move higher. The outlook remains positive supported by the EMAs and momentum indicators.

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Izea Inc (NASDAQ:IZEA) An upside break of this falling wedge on high relative volume would signal a shift in momentum. If this pattern does break out towards the upside it could easily push the price towards the red rectangle shown on the chart.

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BlackBerry Ltd (NYSE:BB) has been pulling back on very low volume. Time to look for a reversal. Long-term chart shows a possible Cup and Handle formation.

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: BB, HUN, IZEA, MRNS, NETE, NVDA, RMBS, SKLN, TNDM

12:45 | Permalink |

Some of the stocks in my watchlist for next week (big and small caps)

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Petroleo Brasileiro SA Petrobras (NYSE:PBR) over the last 2 weeks has formed a bullish flag pattern with a key resistance in the 10.15 area, which could be broken in the next few days. If a breakout above the 10.15 area occurs, we could see a move toward the 11 level. On watch.

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Celgene Corporation (NASDAQ:CELG) Flagging here. Watch Monday's action for a possible breakout over $142.69

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NVIDIA Corporation (NASDAQ:NVDA) On Friday, stock price broke out to a new all-time high accompained by a strong volume suggesting higher levels. The break of this resistance line confirms the beginning of new uptrend momentum, which could move the stock above the $185 area in short-term. Use the rising EMA50 as stop. Shorts continue to get squeezed.

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Bristol-Myers Squibb Co (NYSE:BMY) another Bullish flag formation here. Play accordingly.

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BlackBerry Ltd (NASDAQ:BBRY) has consolidated in a large ascending triangle, whose upper trend line around 9.34 is now ready to be broken. Another good sign on chart that could help move the stock toward my first target range of $10.1-$10.38 would be a close above the declining 50-day exponential moving average, which is currently at 9.30. If the stock clears resistance the move may be powerful.

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Microbot Medical Inc (NASDAQ:MBOT) still on my watch list for next week. The stock had a very productive day on Friday as we saw gains of nearly 15% on volume well above average and I believe the stock has more room to run. A breakout over $1.34 (declining EMA50) with strong volume would send this flying.

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Celsion Corporation (NASDAQ:CLSN) deserves some consideration next week. The stock looks poised for a possible trend reversal after dropping to the $1.25 level forming a nice base on its daily chart. It is now recovering from its bottom with MACD, RSI and ADX moving upwards. The pattern needs to confirm by breaking above the $1.55 (Fridays high) resistance. If that break occurs, the price may rise to the 2.18-2.4 range in the short-term. I bought a lot of shares on Friday. This bottom pattern reminds me TRACON Pharmaceuticals Inc (NASDAQ:TCON) before the big rally this month.

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Watch carefully this rounding bottom pattern in Invivo Therapeutics Holdings Corp (NASDAQ:NVIV). For the first time in weeks the stock closed back above the EMA20. Expect price to rise next to test the declining EMA100 again followed by 1.65 resistance area. Technical indicators are also supporting a continuation of the move higher.

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Zosano Pharma Corp (NASDAQ:ZSAN) continued to show strength with another nice gain. Friday's rally put shares near the psychological resistance level of $1, which is a bullish sign. Current momentum is likely to continue towards the 1.25-1.30 area.

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Spherix Inc (NASDAQ:SPEX) Still on my top long list (small caps). Could move toward $2 area if it breaks and closes above the 1.68 level. Technicals look Bullish to me. Momentum picking up with MACD climbing and RSI rising. Watch for continuation.

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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, BMY, CELG, CLSN, MBOT, NVDA, NVIV, PBR, SPEX, TCON, ZSAN

17:48 | Permalink |

My Watchlist for Tuesday, Aug 15

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Medgenics Inc (NASDAQ:GNMX) had a great move on the upside yesterday and closed above the declining 50-day EMA for the first time since March with volume backed confirmation. I went long as its quite possible we should see a short-term move to 1.85. The technical chart shows bullish sign with +DI line on top of -DI line and MACD rising. There could be good upside in GNMX so watch the stock closely on Tuesday.

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Vuzix Corporation (NASDAQ:VUZI) is setting up to break out and has one more level to go, which is $6.30. Daily technical indicators are looking bullish. The MACD has formed a bullish rounding bottom and crossed above its signal line, while the 9-Day RSI is about to cross into bullish territory. The stock has plenty of room to run and insiders are starting to buy.

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Qualstar Corporation (NASDAQ:QBAK) closed the day just above the break out point after some decent swings. The stock may attempt to go higher from here. The daily technical chart above shows the stock is on a bull market as the stock is trading above all EMAs and in a clear uptrend. Let's keep an eye on it as i think there could be a decent short squeeze.

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Ophthotech Corp (NASDAQ:OPHT) Big reversal candlestick on the daily technical chart on strong volume. The stock closed with an impressive gain of 6% to end the day at 2.71 (above the EMA50) after falling about 10% earlier in the session. This creates a bullish scenario going forward and we might see a strong bounce here. On the daily time-frame, the daily MACD lines and stochastics are all rising supporting the bullish view. If the momentum continues, the initial target price is 3.10, followed by 3.24. Short-term investors can hold with a stop at 2.37

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NVIDIA Corporation (NASDAQ:NVDA) bounced nicely off the 50-day EMA on volume. Based on the chart and price action, i think the stock should test the recent highs soon. On watch.

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Sangamo Therapeutics Inc (NASDAQ:SGMO) Huge run from my alert on twitter/Stockal. The stock broke above the upper line of the "consolidation" range and the volume was also above average.

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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: GNMX, NVDA, OPHT, QBAK, SGMO, VUZI

08:59 | Permalink |

My Watchlist for Monday, Aug 07

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Cryptocurrencies are ripping higher again ($BTC.X bitcoin hit a new all-time high above $3300) and you should keep an eye on MGTI stock next week. This company is growing its capacity in mining Bitcoin, producing about 100 Bitcoins per month, ranking it as one of the largest U.S. based Bitcoin miners. This play is viewed as one of those potentially quick moving, volatile momentum plays. The stock has the technical setup that most aggressive traders dream of. The daily technical chart shows possibillity of a new rally as the stock is trading above 50 day and 200 day exponential moving average while 50 day exponential moving average is about to cross above 200 day exponential moving average to form a very bullish buy signal, the Golden Cross. In addition, with MACD above 0 and showing signs of turning up again, a major rally is probably coming. If it breaks above the recent high of $1.45 then I could see this stock moving to $2.25 and then $2.84. The stock closed Friday at $1.14 and has a 52-week high of $4.04. I still holding a strong position in this company because i trust in the project of John McAfee. It is my honest opinion, nothing more. Note: MGTI trades in the OTC Market.

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NVIDIA Corporation (NASDAQ:NVDA) Keep this one on watch, it could be setting up to break out of this large consolidation. Go long when it breaks on heavy volume. The rising EMA50 should be used as stop.

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Sierra Oncology Inc (NASDAQ:SRRA) Continuing to watch as it tests this old resistance area. If the stock breaks the $1.52 level the first target is $1.68 followed by $2.05. The accumulation line still rising.

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Intrepid Potash, Inc. (NYSE:IPI) is looking absolutely wonderful. Next buy point when it breaks out to new highs.

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I had 22nd Century Group Inc (NYSEMKT:XXII) on my watchlist a few times this month and Friday it broke out in impressive fashion on volume expansion. Watch for continuation. Next immediate resistance is 2.54

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Cara Therapeutics Inc (NASDAQ:CARA) Setting up to clear this resistance area, keep on watch.

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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: Bitcoin, CARA, IPI, MGTI, NVDA, SRRA, XXII

07:50 | Permalink |

AC Investor Blog

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

Saturday, March 16, 2019

12 Technical Charts To Watch Next Week

Saturday, January 26, 2019

Eleven chart setups to watch next week

Saturday, October 28, 2017

My Watchlist for Monday, October 30

Saturday, September 16, 2017

Some of the stocks in my watchlist for next week (big and small caps)

Tuesday, August 15, 2017

My Watchlist for Tuesday, Aug 15

Sunday, August 06, 2017

My Watchlist for Monday, Aug 07

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