AC Investor Blog

7 interesting chart/stocks to watch next week

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Trillium Therapeutics Inc (NASDAQ:TRIL) Shares closed at 2.75 after rising to as much as 3.90 in intraday trading, that suggests it could be ready for a pullback. After such a strong move, it is normal to see profit taking in the stock, making the rising hourly exp moving averages, an area to watch for more buyers to hop in. A pullback should be considered a natural event in the stock, and it's nothing to fear unless the pullback is a big one. There can be a possible turnaround, but it would be very importnat for the stock to hold the 2.6-2.7 area on the closing basis or a big pullback occurs.

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Applied DNA Sciences Inc (NASDAQ:APDN) still on my top low float watchlist. Stock looks primed for a run, and sits near its 52 week low. Note, there is a catalyst next week: CEO and leadership of the Company’s majority-owned subsidiary, LineaRx, Inc., will be meeting with members of the global investment community from January 13 to 15, 2020 in San Francisco concurrent with the JP Morgan 38th Annual Healthcare Conference, the world’s largest healthcare investment symposium. In addition, Dr. Hayward will present an overview of the Company, including its supply chain platform, its diagnostic platform for the blood-based capture of metastatic cells, and review the linear DNA platforms in nucleic acid delivery, gene expression, non-integrated DNA replication, and its robust pipeline of more than 15 contract research opportunities with top cancer, gene therapy, vaccine and RNA partners at the Biotech Showcase 2020 at 3:00 pm PT on Tuesday, January 14, 2020. APDN was a stock that ran from these current prices to over $19 a share not long ago. Could it happen again? We will soon find out. Im long.

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Cellect Biotechnology Ltd - ADR (NASDAQ:APOP) after holding strong around the $3 level, moved decidedly higher Friday on decent volume. The stock traded strong throughout the session and it seems like investors were waiting for the right time to start entering this stock. I suspect this could be the start of another big rally. Squeeze over 3.20

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Microbot Medical Inc (NASDAQ:MBOT) is really starting to regain its form. I would not be surprised if this stock finally gives investors what they have been waiting for. Breakout watch over 13.85

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EQX is starting to work its way through some heavy resistance around the 8 area. There is a good chance the price could breakout of its recent sideways trend and scale higher to test the 8.5-9 levels. Long setup on watch.

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Obalon Therapeutics Inc (NASDAQ:OBLN) has been basing for several days above its major support and the price action is showing signs of a reversal after its pullback. The positive divergences on hourly MACD Hist leads me to believe that we could witness a huge upward movement. Small bip caps have been very HOT recently.

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TrovaGene Inc (NASDAQ:TROV) remains range bound and current prices offer a great profit opportunity IMHO. Could pop over 1.31 targeting the EMA100 at 1.60 initially. 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: APDN, APOP, EQX, MBOT, OBLN, TRIL, TROV

18:04 | Permalink |

Some trade ideas for the last trading days of the year

Hello everyone,

Thank you to all who have been with me this far and congratulations to everyone on taking advantage of all the recent gainers. Always remember to use sound money management and do your DD when participating in any security exchanges. The small cap market can be extremely rewarding and that is why i love when certain opportunities arise. But these stocks can also sometimes move rapidly and be very volatile, so never risking any more than you could afford to lose is a rule to never be forgotten. Thats the golden rule to be successful.

I would like also to take this opportunity to wish a Happy New Year to all of you and to your families! I hope 2020 will be a year filled with good health, happiness, freedom from war, violence and success for you and your families. Enjoy reading the last post of 2019 and get ready for another potential amazing year. See you all in January. Take care.

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Thermogenesis Holdings Inc (NASDAQ:THMO) ended the week with a bang on Friday. The stock exploded from a low of 2.72 to a high of $4.81 for a nice intraday move of 60%. Congratulations to all my readers and twitter followers that played last week blog alert and pocketed some nice gains.

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For those of you that will be celebrating this weekend the gains on THMO, I would like to present this chart of another low float stock that could see a nice bounce in the week ahead. EVINE Live (NASDAQ:IMBI) The stock has given a trend-line breakout on the daily chart which indicates a reversal of the previous bearish trend, which confirms the bull trend in the short-term heading for immediate target of 4.85-5.25 levels. Oscillators like Slow Sto, MACD and RSI too supports the new bullish momentum, due to its positive divergences.

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It looks like Obalon Therapeutics Inc (NASDAQ:OBLN) is starting to turn back up and indicators are giving the first bullish signs. On Friday it closed just slightly below its 50-day EMA, which if broken could accelerate the stock toward its September highs around the 2.35 area. A volatility squeeze seems eminent. You want to watch the stock closely as OBLN can move quickly and you want to be ready for this move once it happens. Long setup on watch.

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Kodak (NYSE:KODK) hit a new 52-week high Friday, trading as high as $4.07, before settling at a close of $3.83. The stock broke a pennant formation on volume and will be watching it on Monday, looking for a follow through move. As long as the stock stays above the rising EMA13, the short-term bullish scenario still intact. Technical chart shows very strong bullish sign.

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Sunworks Inc (NASDAQ:SUNW) Friday's candle closed back above the EMA13 with volume backed confirmation and I expect to see a continuation move next week. The daily technical indicators are reversing up and are advocating for a technical rebound.

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Cassava Sciences Inc (NASDAQ:SAVA) established a new 52-week high on Friday of 5.5, however in the afternoon stock retracted closing at $5.21. Technically speaking, the stock is showing some strength along with the momentum. Adding to my conviction is that the stock continues to trade above all the hourly exp moving averages and specially the ever critical 13-hourly EMA (it has been served nicely as support) which is now located at 4.57. The short-term bullish still intact as long as the stock remains above the 13-hourly EMA, but a tight stop loss should be used.

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McDonald's (NYSE:MCD) continued its short-term bullish momentum on Friday. The stock price is inching closer and closer to another breakout move. Buying momentum is still positive and strengthening $199 is the level to watch for a breakout.

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BOQI International Medical Inc (NASDAQ:BIMI) closed the Friday session strong right near the high of the day. We all know what can happen with BIMI when it gets some momentum behind it. This is a stock to watch going forward.

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Fiverr (NYSE:FVRR) closed up 6.84% above the key resistance level of 24.86 in what may be the start of a trend reversal. I think this stock could be setting itself up for another nice run short term. Needs confirmation 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: BIMI, FVRR, IMBI, KODK, MCD, OBLN, SAVA, SUNW, THMO

20:17 | Permalink |

Swing trade ideas for the coming week

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CymaBay Therapeutics Inc (NASDAQ:CBAY) price broke out of a bottom/accumulation pattern accompanied by strong volume on Friday and is now trading in the gap zone. This break confirms a short term trend reversal and the beginning of new momentum. Watch next week the break of Friday's high for continuation.

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Matinas BioPharma Holdings Inc (NYSEAMERICAN:MTNB) finished higher on Friday after bouncing off the 1.49 area, a strong support region that may represent the short-term bottom. The volume is picking back up, the MACD is still rising and in good shape thus far. It seems like the stock is setting up to break out and has one more level to go, which is $2.18 Long setup on watch.

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Obalon Therapeutics Inc (NASDAQ:OBLN) is a clear breakout candidate, as resistance around $1.96 is under pressure. The chart shows a bullish sign. MACD lines are going up and RSI is rising above the neutral 50 level, buyers strength still persists. If the stock moves above this key resistance area it could rise till 2.35-2.5

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OpGen Inc (NASDAQ:OPGN) was added to my watchlist as a possible bottom bounce-play. The chart is displaying positive divergences on momentum indicators and with the stock in oversold territory, these are the perfect conditions for a short-term rally. Squeeze over 1.34

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NF Energy Saving Corp (NASDAQ:BIMI) is moving inside a rectangle area indicating consolidation after significant bullishr momentum. The stock needs to break from the range area to see clearer direction. A break above 3.70 could trigger further bullish momentum targeting 4.20 region, while a break/close below 3.4 could change the short-term trend, but this is not likely to happen. Keep an eye on BIMI next week. This China energy name has that look.

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Synlogic Inc (NASDAQ:SYBX) Although it seems like there is potential for a further drop, this pullback could be part of a healthy continuation of the medium-term bullish trend.

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Ekso Bionics Holdings Inc (NASDAQ:EKSO) starts showing buy signals again. The stock closed the week above its 20-day moving average, which is a very bullish sign. Although the stock didn't perform well this year, we start to see now some signals of rebound as the technical chart shows positive momentum is back. I'd look to the 61c level moving as the next buy point. If it passes that, then we have room to run to next resistance at 74c. Let’s keep an eye on EKSO

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Myovant Sciences Ltd (NYSE:MYOV) has been pulling back most of this month, so far, but that should provide a better entry for another run higher. Looking for a possible entry near 14

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Synaptics (NASDAQ:SYNA) broke through the highs set in November on strong volume accumulation and should continue to move. Buyable on a pullback to the pivot.

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Nio Inc (NYSE:NIO) has been in a bullish consolidation over the last 3 weeks and appears ready for another breakout. Keep on watch.

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First Majestic Silver (NYSE:AG) continues to sit in a consolidation range. At some point, the stock will breakout and I want to be there for this move. The major resistance stays at $11.55. Fresh long should be made only when the stock closes above this level with an up candle on volume. Long setup on watch.

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Akebia Therapeutics Inc (NASDAQ:AKBA) Flagging. Breakout watch over 6.56

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: AG, AKBA, BIMI, CBAY, EKSO, MTNB, MYOV, NIO, OBLN, OPGN, SYBX, SYNA

19:34 | Permalink |

Friday's Stocks To Watch - Happy Thanksgiving

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Myovant Sciences Ltd (NYSE:MYOV) money keeps pouring into this stock. One thing that never lies with bio cap stocks is money flow and MYOV has got it going on. This was a $27.45 stock back in July 2018, and while I don't see that price coming this year, I do think there is plenty of more room to the upside. I entered last week around 12.6 and took some profits yesterday. This is very overbought, so this means a possible correction is near and this may give me again a chance to jump in when it moves lower, but the trend is clearly UP.

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Obalon Therapeutics Inc (NASDAQ:OBLN) interest is starting to grow for this small bio cap stock (Watch this Video - Treatment designed for overweight patients). The CEO recentlypurchased 65K shares, which boddes well for us, investors. At some point, investors will catch onto this stock and send it higher. Getting in before the crowd is one of the best ways to make money in this market. On the daily time-frame, the MACD-histogram has been sloping up again and the short-term EMAs have just ticked up to give a buy signal on the Impulse System. The stock needs to break the downtrend line at 1.85 to expect a strong rally at this point. Im long and strong.

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Synlogic Inc (NASDAQ:SYBX) another small bio cap that deserves your attention next week. The company announced recently that Aoife Brennan, M.B., B.Ch., Synlogic’s president and chief executive officer, will participate in a fireside chat at the Piper Jaffray 31st Annual Healthcare Conference at 11:30 am ET on Thursday, December 5, 2019, in New York City. Certainly this is a stock to watch heading into the conference.

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Nio Inc - ADR (NYSE:NIO) this stock closed near its session highs on heavy volume. This stock continues its uptrend and I see it trading at $2.6 and better next week. We have a gap to fill.

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I know many have lost money on Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) as it continues to plunge, but at some point this stock will find a bottom and post a strong rally. Could it be right here at $2.50 ? This technical chart says its time to hold what you got and add a little on the break of 2.71 for a run to 3.36. With the recent positive events I think it is only a matter of time before TTPH takes off and breaks out of its recent bottoming trend. I have been accumulating the stock.

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After a nice pop in the morning the rally fizzled in the afternoon and Hepion Pharmaceuticals Inc (NASDAQ:HEPA) investors were left with a 35% gain on the session. Stock needs to hold the 5.80 support level in order to resume the uptrend.

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Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) news out bolstered the stock and could be signal another potential rally for this stock. It certainly deserves watching going forward. This stock could break out at any moment. Alliance Global Partners maintained Tonix Pharma (TNXP) coverage with Buy and target $6.5

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: HEPA, MYOV, NIO, OBLN, SYBX, TNXP, TTPH

15:36 | Permalink |

Swing Trading ideas for the upcoming week

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Shares of ZOOM (NASDAQ:ZM) are starting to heat up again and are worth watching next week. If volume can pick up, I think this stock can break through resistance at $71.1 (Friday's high) and re-test its daily EMA100 in the coming sessions. You should watch this stock closely on Monday.

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ADT Corp (NYSE:ADT) is a stock to watch closely on Monday. It continues to perform strongly and appears poised to breakout to new highs after a nice consolidation. Keep an eye on it for a possible breakout over 8.47

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CEI hit $1.80 yesterday and is worthy of a little attention. In all honesty, I dont like this stock, but it could see some more buying next week, so I'll have to put my own feelings aside. Technical's are looking up as we see only minor resistance at 1.80. Once it breaks this pivot level we can see it hit the higher levels in minutes. CEI is a trade for next week.

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OpGen Inc (NASDAQ:OPGN) is one for the bottom pickers. Nice bullish hammer candlestick printed on the daily chart, so in my humble opinion it could be a good entry point to start a long position. In addition, the stock remains in very oversold conditions.

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Valeritas Holdings Inc (NASDAQ:VLRX) showed more signs of strength on Friday's session, as the stock closed up 13 cents on the day. The stock has strong resistance around $1.61, and breaking above could take the stock to $2.34 in a very short time frame.

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Veritone Inc (NASDAQ:VERI) Upside volume is picking up and a bottom pattern is taking shape. The daily technical indicators are looking better for the stock with MACD flashing a buy signal, %K line on top of %D line and RSI indicator moving up. Keep an eye for a possible breakout over $2.88 NOTE: Director purchased more than 133k shares last week.

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I still holding Obalon Therapeutics Inc (NASDAQ:OBLN) patiently for higher expected levels ahead. The stock remains in a short up trend. Further rise to test 2.10 resistance is still possible, and a break of 1.8 will confirm such case. CEO is buying a lot of shares at current levels. They must know something positive about the company. Keep it on watch. Im accumulating.

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Scworx Corp (NASDAQ:WORX) the action for this stock was a little suspect on Friday after the company reported a strong revenue increase in the 3Q 2019. I was expecting a strong gain, but i forgot that many small cap stock investors do not like to hold these names into the weekend. The trading was likely old shareholders liquidating without knowing the true value of the report. I still like WORX for more gains.

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Globus Maritime Ltd (NASDAQ:GLBS) printed a nice doji candlestick on Friday's trading, which indicates a potential reversal. I believe there is a high probability of seeing a meaningful bounce in the stock in coming days as the stock seems to be forming a double bottom. There is a gap to be filled over 2.20

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FuelCell Energy Inc (NASDAQ:FCEL) After making a move from 39 cents to $1 the stock has pulled back and consolidated. It needs to work out the overbought condition to start a new rally. The stock withstood a sell off (Typical profit taking) after hitting recent highs and has been trading in a tight range ever since. Volume has been dwindling compared to the volume we saw at the start of this rally in early November. The risk is also there for a decline back to prior levels, but for now from a bullish perspective the chart look compelling. As long as the stock holds the 72c level, the uptrend remains intact.

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: ADT, CEI, FCEL, OBLN, OPGN, VERI, VLRX, WORX, ZM

19:30 | Permalink |

Here are seven small cap stocks on my top watchlist for potential swing trade for Friday

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Shares of Electrameccanica Vehicles Corp (NASDAQ:SOLO) are starting to heat up and are worth watching. If volume can pick up I think this stock can break through resistance at $2.5 and re-test its July highs around $3.10. Im long.

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ANCHIANO THERAP/S ADR (NASDAQ:ANCN) I can see this stock making a quick move higher Friday, just as it did today. I am looking for the $2.6 break and a chance to see $3 The accumulation on the daily chart is telling me people are buying and the selling is light.

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Trans World Entertainment Corporation (NASDAQ:TWMC) looks poised to break out of a falling wedge pattern and MACD is about to climb above the signal line. If it clears resistance the move may be powerful.

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Plus Therapeutics Inc (NASDAQ:PSTV) appears to have broken out of a large falling wedge formation on hourly, spiking above the resistance line. The stock closed Thursday up 55 cents to 8.36 and is setting up for a possible move to the 10 area. A clear break above 9.5 could lead to short covering and potentially a short squeeze. Momentum indicators are bouncing off oversold conditions.

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IRIDEX Corporation (NASDAQ:IRIX) appears to be poised for a nice bounce off this bottom. From my point of view, the stock has formed a bottom in short-term and I expect a move past 2.20 to take the stock towards the target of 2.5 with stop-loss at 1.99

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OBLN has been in a two-week bullish flag formation off its sharp rebound rally in the first days of September. A break of the flag pattern to the upside targets a move to the 2.75 to 3 area. The climbing MACD is supporting a bullis trend. The huge short interest could fuel some big spikes higher soon, so watch for a potential breakout attempt. I still long and strong.

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Worth eyeing, poised to breakout. The area comprehended between $2.35 and $2.45 represents a heavy resistance for shares of Taronis Technologies Inc (NASDAQ:TRNX). A close above this key resistance area would have positive implications and could drive the stock much higher. Keep the stock on your radar.

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: ANCN, IRIX, OBLN, PSTV, SOLO, TRNX, TWMC

22:37 | Permalink |

AC Investor Blog

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

Saturday, January 11, 2020

7 interesting chart/stocks to watch next week

Saturday, December 28, 2019

Some trade ideas for the last trading days of the year

Sunday, December 15, 2019

Swing trade ideas for the coming week

Thursday, November 28, 2019

Friday's Stocks To Watch - Happy Thanksgiving

Saturday, November 16, 2019

Swing Trading ideas for the upcoming week

Thursday, September 19, 2019

Here are seven small cap stocks on my top watchlist for potential swing trade for Friday

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