AC Investor Blog

My Watchlist for Thursday, February 09

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Wendys Co (NASDAQ:WEN) is still trading around the $14 level which has been a strong resistance over the past weeks. I plan to buy the stock if it can break Wednesday's high of $14.09. The trend is still up.

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Still watching Cellectar Biosciences Inc (NASDAQ:CLRB), will buy on a close above $1.85 (declining EMA100).

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Vical Incorporated (NASDAQ:VICL) has a chart set to breakout (EMA50). Today, the stock traded more than 662K shares, ten times higher than average and ran as high as 6% from Tuesday’s close. I strongly believe this bullish momentum to continue into tomorrow’s trading session. New bullish MACD cross has occurred on the daily chart. Potential swing long above 2.34 targeting the 2.8 area.

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I have ContraVir Pharmaceuticals Inc (NASDAQ:CTRV) on my watchlist for Thursday. It might attempt to breakout above $1.65 level again and if it succeed we should expect a strong move to the upside.

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DragonWave, Inc.(USA) (NASDAQ:DRWI) There are some signs of a possible bounce at this point due to the extreme oversold conditions and some positive divergences on MACD, which often leads to short covering. A reversal may be on the way. Im long.

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BlackBerry Ltd (NASDAQ:BBRY) we start to see now some signals of rebound as the daily technical chart shows positive momentum is back. Nearest resistance for the stock is at $7.35. If this level is crossed and the stock is able to sustain above this level, then it might go to $8

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Nivalis Therapeutics Inc (NASDAQ:NVLS) surged in the final hour of trading closing at 2.41. The real fireworks should begin if the stock price can close above $2.53. The accumulation line is starting to curl upward which should eventually lead to price increases. Keep it on your watch list going forward.

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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: BBRY, CLRB, CTRV, DRWI, NVLS, VICL, WEN

22:33 | Permalink |

My Watchlist for Thursday, February 02

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Infinera Corp. (NASDAQ:INFN) Potential breakout play. Watching over 9.16 with resistance at 9.62

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Infinity Pharmaceuticals Inc. (NASDAQ:INFI) broke out of a bullish flag pattern, resuming its up trend by closing above the previous peak. A break above 2.64 could accelerate the stock higher.

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Nivalis Therapeutics Inc (NASDAQ:NVLS) is finally stepping up after basing for the past 6 weeks. The price broke and closed above the declining 20-day EMA for the first time since November. If this daily technical chart does what is supposed to do, the price will be going higher in the days to come, plenty of room to upside.

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EnteroMedics Inc (NASDAQ:ETRM) seems to be a promising stock to follow tomorrow. The stock had a large spread and large volume today successfully breaking above its short-term EMAs. If it can get back over 9 look for a move to resistance at 10 and then to 10.51. You should use tight stops here.

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xG Technology Inc (NASDAQ:XGTI) hit my scanner today after closing with a gain of 23%. The stock may be forming a bottom after being in a downtrend for weeks. It has a good base at 1.65 which can be used as a stop loss for long position. On the upper side, the move is likely to accelerate above 2.40. I expect some follow through on Thursday.

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Nice tweeted under 1.95 today. Concordia International Corp (NASDAQ:CXRX) closed strong and above the 20-day EMA. This momentum could push this stock much higher from here. Next resistance is now seen at 2.39 then 2.55. With the RSI rising off an oversold condition and with MACD crossing over the signal line, the stock looks prime for a continuation of Wednesday's rally.

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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: CXRX, ETRM, INFI, INFN, NVLS, XGTI

22:26 | Permalink |

My Watchlist for Tuesday, January 24

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Universal Display Corporation (NASDAQ:OLED) showed some nice strength today, despite weak market. Price broke through the key resistance at $60 accompanied with high volume. The stock hit a high of $62.3, which is now resistance for Tuesday’s continuation move. Key indicators on daily charts suggest continuation of positive bias and the stock price is likely to show further upside.

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FORM Holdings Corp. (NASDAQ:FH) momentum is coming back to this name. MACD and RSI look promising. This could indicate the potential for some upside gains in the very near-term. If it breaks the declining 100-day EMA at 2.36, the stock could easily retest its November highs of around $2.78.

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Shares of Nivalis Therapeutics Inc (NASDAQ:NVLS) rally on high volume today. I think the price could try and take a trip to $3 or so if volume comes in. This is another undervalued stock that Im watching closely. It can pop big time on any positive news.

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Shares of Onconova Therapeutics Inc (NASDAQ:ONTX) have room for a significant uptick beyond these levels. Volume starts to pick up again with MACD moving upwards. A move above $2.60 could trigger a sharp move higher. Long set-up on watch.

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Proteon Therapeutics Inc (NASDAQ:PRTO) looks poised to break higher. A move above 2.15 would confirm the breakout, with an initial target of 2.52 and secondary target of 3.10

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Viavi Solutions Inc (NASDAQ:VIAV) made a new 52-week high today, hitting $9.14 before closing the day at $9.01. I will watch the stock price tomorrow. Go long on the break of Monday’s high at 9.14

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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: FH, NVLS, OLED, ONTX, PRTO, VIAV

22:11 | Permalink |

My Watchlist for Wednesday, January 04

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Mattel, Inc. (NASDAQ:MAT) price broke the downtrend line formed from the Nov highs of 32.43. RSI is oversold and MACD is starting to turn. I will wait for confirmation tomorrow.

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Himax Technologies, Inc. (NASDAQ:HIMX) On the daily time-frame the MACD Histogram has been sloping up and the RSI is rising, indicating bullishness. Watching over 6.36 for a trade.

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OvaScience Inc (NASDAQ:OVAS) was mentioned last week and it looks like it is starting to turn. Long swing trade idea. Watching for $1.72 breakout.

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Concordia International Corp (NASDAQ:CXRX) closed the day just above its EMA20 on heavy volume after some decent swings. The stock may attempt to go higher from here.

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Adamis Pharmaceuticals Corp (NASDAQ:ADMP) Building a base/bottoming the past 7 months. Major resistance lies at $3.35. I expect to see a strong upside move if the stock can break through this resistance level.

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xG Technology Inc (NASDAQ:XGTI) price has recovered nicely and can potentially set-up very well for a swing-trade if the stock breaks through the key resistance level at $1.73 (Gap area). There could be good upside in this trade, so watch XGTI closely on Wednesday. Stop 1.25

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Nivalis Therapeutics Inc (NASDAQ:NVLS) Still liking and holding. Good risk/reward set-up at current levels IMHO. The Money Flow Index is rising, signaling accumulation of stock is occurring.

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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: ADMP, HIMX, MAT, NVLS, OVAS, XGTI

22:19 | Permalink |

My Watchlist for the first trading day of the year !!

Happy New Year Everyone !!

I hope you all had a great time these Holidays. I would like to take this moment to thank you all for your vote in the recent poll to identify the most helpful trader on twitter in 2016. I was very honored by the third place I received in this competition. Let’s make 2017 better than 2016

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Nivalis Therapeutics Inc (NASDAQ:NVLS) Could be the perfect start to the week/year. This stock will be for Tuesday’s trading session and after the New Year's holidays, I want nothing more than to kick off the new year with a potential big winner. Daily technical set-up appears to be near perfect to deliver gains. NVLS has been basing for a couple days now, but the strong rally on Friday's session could be a good indication that a break higher may be in the cards. With the MACD rising in negative territory and the RSI at significantly low levels showing signs of strength, the stock could be at the beginning stages of a major uptick. From a fundamental standpoint, the stock is significantly undervalued trading well below cash levels (+$4 in cash per share). This alone is a catalyst and I believe share prices could make an explosive move to the upside. All things considered, NVLS is ready to move upwards, so consider the strong upside potential. I tweeted my entry on Friday.

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ImmunoGen, Inc.(NASDAQ:IMGN) broke and closed above its strong resistance levels (downtrend line & EMA50) and in the short-term will act as support. As long as the stock is able to hold above these levels then the stock should head higher towards 2.25 and 2.40

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Shares of FireEye Inc (NASDAQ:FEYE) are starting to heat up again and are worth watching. If volume can pick up, I think FEYE can break through resistance at $12 and re-test its recent highs around $12.62 (hourly chart). The stock has seen unusual options activity as well.

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If Viking Therapeutics Inc (NASDAQ:VKTX) can break and close above the 1.20 level (EMA100) with heavy volume, I think the stock could shoot up to test the $1.50 area. There looks to be good upside potential, so watch the stock very closely on Tuesday.

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Endo International plc (NASDAQ:ENDP) Nice price movement on high volume Friday. Momentum has become increasingly bullish and the price is currently trading slightly below the EMA50. If it breaks above the intermediate resistance level of 16.89, further up move can be expected.

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Valeant Pharmaceuticals Intl Inc (NYSE:VRX) From a technical standpoint, this stock appears to be poised for a move higher. The rising daily MACD may be an early sign of trend reversal. Let's see if the stock is able to muster enough interest this week from investors to break through and clear the $14.9 level (declining EMA20).

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: ENDP, FEYE, IMGN, NVLS, VKTX, VRX

20:18 | Permalink |

Stocks to Watch for December 30, 2015

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Superconductor Technologies, Inc. (NASDAQ:SCON) had a significant bullish momentum today, made a strong break out above its 50-day exp moving average as you can see on my daily chart above, which is very bullish. The stock is again setting up for a potential swing trade. From a technical standpoint, MACD and RSI have turned up and A/D indicator spiked upwards. Watch for continuation.

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Clovis Oncology Inc (NASDAQ:CLVS) is on the verge of really blowing up. I would not be surprised to see the stock test the $40 level at some point over the next few days. The daily technical chart sure shows a possible reversal in trend coming. Watch Wednesday's action for a possible breakout over $35.88. The technical indicators such as KD and MACD also show buy signal as %K line has just crossed on top over %D line and MACD is rising. The short-term trend is positive as the stock is trading upwards along with short-term EMAs.A break above the major resistance will confirm the bullish trend and the following uptrend will take price up to 42 zone initially.

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Nivalis Therapeutics Inc (NASDAQ:NVLS) closed back over the 20EMA and the volume was decent. The stock is forming a bullish MACD divergence on the daily chart, that's certaintly a sign that price can go up. I like this chart pattern and feel that NVLS will try to break through the 50EMA very soon. Keep a close eye on this stock, because once it breaks through, we should see a very fast, high volume move.

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BlackBerry Ltd (NASDAQ:BBRY) had an unusually large spread accompanied with decent volume on the last trading day. However, today we saw some profit taking. The pull back should be seen as a natural and welcome movement. Option traders continue to target calls, so we could see further upside.

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Amazon (NASDAQ:AMZN) broke out to new 52-week highs today. I'm expecting to see the stock continue this move on Wednesday. As long as the stock stays above the rising 50EMA, the bullish scenario is still intact. Daily technical chart shows bullish sign with %K line on top of %D line and MACD on top of signal line.

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Starbucks Corporation (NASDAQ:SBUX) should be on your watch screen for the rest of the week. The stock has recovered nicely and closed today above its major EMAs on solid volume. I will be watching the stock again on Wednesday for a continuation move through Tuesday’s highs of $61.32. Looks like it is starting to turn.

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Weight Watchers International, Inc. (NYSE:WTW) gave us a nice move today, which could be the start of a bullish reversal and a short-term bottom. If the stock can break through the 50-day EMA at $20.06, we should see a strong follow through move. The accumulation chart is also moving up again with smart buying going on. Keep watching the stock.

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: AMZN, BBRY, CLVS, NVLS, SBUX, SCON, WTW

22:36 | Permalink |

6 chart setups for Tuesday, December 22, 2015

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Shares of Sunedison Inc (NYSE:SUNE) had a nice surge a few days ago and has been consolidating that move since then. The major resistance resides around the 6.88 price region. Only a close above this level would suggest further upside targeting the 7.50/8 area.

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Clovis Oncology Inc (NASDAQ:CLVS) Price should become explosive if this chart pattern is broken to the upside with volume. From a technical standpoint, the stock has an up trending MACD, indicating potential accumulation and an up-trending RSI at 33 indicating room for potential further gains. CLVS needs to be at the top of your watch list.

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Nivalis Therapeutics Inc (NASDAQ:NVLS) might attempt to breakout above the $9.11 level again and if it succeed we should expect a strong move to the upside. On watch.

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) remains high on my radar due to the recent run up on heavy volume. I plan to buy the stock on a break and close above $2.10 and add more on a break above $2.25. On watch.

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Syngenta AG (NYSE:SYT) has recently been trading with increased volume and is about to test again the major resistance around the 79.50 level. The stock needs to close above this level to indicate a continuation of the rally and the following uptrend will take price up to $86 zone.

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Great Basin Scientific Inc (NASDAQ:GBSN) heavy volume at the bottom (around $2 level). Players are betting on a significant bounce here. The positive divergences are also evident on the hourly chart and should lead to an upward bounce. On watch. PS: This is a high risk stock.

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: ARNA, CLVS, GBSN, NVLS, SUNE, SYT

11:00 | Permalink |

iPhone on sale !! Novellus and Broadcom drop

Chart courtesy of stockcharts

Shares of Novellus were down on Thursday more than 3% closing at 28.29$ after announced that its second-quarter results would come in at the low end of its prior forecast, hurt by a weaker semiconductor market. In addition Novellus said it would take steps to cut costs in the second half, including reducing executives' salaries and implementing shutdowns in the third and fourth quarters. Looking at the chart above, stock is now in a bad situation with 50 dma below 200 dma and with indicators pushing down. Investor confidence in stock decreased dramatically since the begin of May as show RSI Indicator, so I’m extremely cautions on stock in the Bull side right now. In addition, MACD K line is near to cross D line. Major support of Novellus is now at 28.50$.

iPhone will be available in a 4GB model for $499 and an 8GB model for $599, and will work with either a PC or Mac.

Chart courtesy of stockcharts

BRCM shares breakdown an important base of support at 30 $.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a nice evening !!!

AC

Labels: BRCM, iPhone, NVLS

11:29 | Permalink |

AC Investor Blog

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

Wednesday, February 08, 2017

My Watchlist for Thursday, February 09

Wednesday, February 01, 2017

My Watchlist for Thursday, February 02

Monday, January 23, 2017

My Watchlist for Tuesday, January 24

Tuesday, January 03, 2017

My Watchlist for Wednesday, January 04

Monday, January 02, 2017

My Watchlist for the first trading day of the year !!

Tuesday, December 29, 2015

Stocks to Watch for December 30, 2015

Tuesday, December 22, 2015

6 chart setups for Tuesday, December 22, 2015

Sunday, July 01, 2007

iPhone on sale !! Novellus and Broadcom drop

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