AC Investor Blog

My hot stock watchlist for Monday

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AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO) Rallied hard Friday on heavy volume breaking several key resistances areas. If it clears back over 99c next week, may have some good upside. I tweeted my alert around 72c (real-time trading). Congrats to those who paid attention. Dont forget to follow me on twitter and Stocktwits. All are welcome, be respectful, and be positive.

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Las Vegas Sands (NYSE: LVS) A Doji candlestick has formed on a key support zone. This candlestick formation means that market is currently unsure about future movements and is waiting for other signals, basically there is an indecision between bulls and bears, which at extreme oversold levels could indicate that a short cover rally is on the cards. We might see a bounce from current levels.

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Bridgeline Digital Inc (NASDAQ: BLIN) many people dont like this name due to the dilution history, but im here to trade and make money based on TA. When there is an opportunity to make money, bargain hunters will take it. Looking at the daily chart, there are some signs of a possible bounce at this point due to the extreme oversold conditions and some positive divergences on MACD Hist, which often leads to short covering. CMF is also turning up, which means money is flowing again into the stock. A reversal may be on the way. I took a long position before the close.

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Stellar Biotechnologies Inc (NASDAQ: SBOT) Long-term old alert. Patience always pays off guys. Sold all my position yesterday.

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Ocean Power Technologies Inc (NASDAQ: OPTT) we start to see now some signals of rebound as the chart shows positive momentum is back. Nearest resistance for the stock is at $2.32. If this level is crossed and the stock is able to sustain above this level, then it might go to $2.79

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Beyond Meat Inc (NASDAQ: BYND) Nice setup here. Big rally in the final hour on Friday. Over 105 like it to test the highs. Keep it on watch.

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Barrick Gold (NYSE: GOLD) broke out from a descending channel with huge volume creating a significant amount of bullish potential. 200EMA is the resistance for the next upside move. If the stock can break through this level, we should see a strong move. Long setup on wacth.

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LYFT Inc (NASDAQ: LYFT) had a nice rebound a few weeks ago and has been consolidating. The stock is displaying upside momentum again and is poised to move higher from these levels. Nearest resistance is at $58.80. If this level is crossed and the stock is able to sustain above this level, then it might go to $62

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Ocular Therapeutix Inc (NASDAQ: OCUL) successfully close above its 9 and 13-day exp moving average on very impressive money volume. This is a very bullish development. Short-term technical indicators are strong. If the stock can break $3, we should see a strong follow through move.

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Melinta Therapeutics Inc (NASDAQ: MLNT) just another company in the small bio land trading at bargain prices with more than $9 per share in cash. Watching for $2.28 breakout. All 2-hour indicators are in favor of an upward price movement.

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: AVEO, BLIN, BYND, GOLD, LVS, LYFT, MLNT, OCUL, OPTT, SBOT

18:29 | Permalink |

Trade ideas for this week

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Shares of Atara Biotherapeutics Inc (NASDAQ:ATRA) closed on Friday gaining more than 27.54% accompanied with heavy volume. The stock has been on one of the most amazing runs of this month. On the daily technical chart, the stock is in a strong positive trend after it broke out from a large base-building consolidation. At current levels the stock is extended with RSI at 89. I'm bullish on ATRA, but in situations like this, I prefer to wait for a pullback rather than chase the market.

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Ocular Therapeutix Inc (NASDAQ:OCUL) broke and closed above the key resistance zone at $5, signifying that a new short-term uptrend is in place. Further rise is expected to $6.25 zone. Daily technical indicators are also showing signs of recovery. Long-term investors may hold with a stop at $4.71. Let's keep an eye on it as i think momentum will pick up.

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AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) is gathering momentum to the upside and the first objective is at $3.33. Additionally, the technical daily chart shows a MACD crossover, a bullish sign. Long-term investors may hold with a stop at $2.56.

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Shares of Genco Shipping (NYSE:GNK) are starting to heat up again and are worth watching. If volume can pick up I think this stock can break through resistance at $14.34 and re-test its recent highs around $14.59.

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PTC Therapeutics, Inc. (NASDAQ:PTCT) had a very good bullish rally last week accompanied with large volume. The stock is now near the red line as RSI approaches the 90 level. It may still move up some cents, but I expect a correction any time. Right now it is way too risky for a long position. Wait for a pullback to re-enter.

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There is no change from my previous updates on KBS Fashion Group Ltd (NASDAQ:KBSF). The MACD oscillator is above zero and above its trigger, showing strength for the price to continue its upward path. If it breaks 5.56 the stock will absolutely fly into the 8's right away.

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Net Element International Inc (NASDAQ:NETE) has been holding in a tight range and looks poised for a break to the upside. A break above 12.35 on a close basis should be seen as a serious threat for the stock to test the highs of December.

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: ATRA, AVEO, GNK, KBSF, NETE, OCUL, PTCT

20:53 | Permalink |

8 stocks to watch this week

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Tesla Inc (NASDAQ:TSLA) remains one of the hottest stocks on the market and could be ready to breakout of this sideways pattern. Price should become explosive if this daily chart pattern is broken to the upside with volume. Shorts continue to be on the wrong side of the trend.

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Is FORM Holdings Corp. (NASDAQ:FH) on your Radar ? It better be. Insiders have been buying shares at an accelerated place. They bought more than 155000 shares in the last two weeks. The frequency and quantity of the insider activity is a very important indicator of insider sentiment. From a technical standpoint, the stock is reversing off recent lows and is seeing strong buying volume. It broke out of the descending channel and I think it could be in the early stages of a rally that will bring the stock back over $2.25 a share and ultimately $2.60+. FH has an explosive chart in progress. Im long.

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China Auto Logistics Inc (NASDAQ:CALI) has been pulling back after a strong rally early in April. As you can see from the technical daily chart above, in this corrective phase the stock has found strong support around the 2.25-2.30 level on multiple occasions. At this point, traders could expect a strong bounce and a potential breakout of the downtrend line. MACD is curling up and the accumulation remains high.

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Cleveland BioLabs, Inc. (NASDAQ:CBLI) seems to be a promising stock to follow. As I mentioned on Twitter last week, the stock has been developing an interesting pattern accompanied by an increase in the volume. Daily momentum continues to show strength on the daily chart, with RSI above 50 line and MACD in positive territory and above its signal line. Based on this, I believe we could see further gains that could push the stock towards $5. CBLI is a fast moving stock, so you need to watch it closely next week.

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Marvell Technology Group Ltd. (NASDAQ:MRVL) surged 4.31% Friday on one of the heaviest volume sessions this year, with 20 million shares traded. The stock closed slightly below the high of the day, which now represents the next resistance for the follow through move on Tuesday. If a breakout above this level occurs, we could see a continuation of current momentum. After strong gains, the risk of profit taking is high, so play with tight stops.

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Rentech, Inc. (NASDAQ:RTK) showed strength all day on Friday and price broke the descending triangle chart pattern to the upside on volume. The stock is in the process of bottoming and I expect a pop above $.60 at some point in the coming days. Momentum indicators are looking bullish with RSI inching away above the middle level and MACD rising. This momentum could push this stock much higher from here, so keep the stock on your radar for Tuesday’s trading day as there is good upside potential in this move. Short-term levels to watch 56c and 68c.

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Infinera Corp. (NASDAQ:INFN) printed a strong bullish candle on Friday, showing huge buying pressure and the stock looks to be on the cusp of a breakout to the upside. Some technical indicators are turning up here. Further strength above $10.52 opens the door to +$11. Put her on your radar.

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Ocular Therapeutix Inc (NASDAQ:OCUL) On Friday jumped 73 cents, or 7%, on volume and broke definitely out of the pennant formation which the stock has consolidated over last sessions. Watch for continuation.

I would like to take this opportunity to thank all of you for your support, retweets and mentions. Im about to hit 50000 followers on Stock Twists and 25000 on Twitter and that makes me very happy. Unfortunately I cant answer everyone in real-time. The best way to get in contact with me is through my email address here at the blog. Thank you very much.

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: CALI, CBLI, FH, INFN, MRVL, OCUL, RTK, TSLA

21:05 | Permalink |

My Watchlist for Monday, February 13

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BlackBerry Ltd (NASDAQ:BBRY) price finally closed above the pivot high last week, breaking a medium-term trading range that has been intact since late December. The Bullish sentiment and the huge short-interest could push the stock price to the nearest resistance of $8. The technical indicators are also sending Bullish signals. On watch.

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ContraVir Pharmaceuticals Inc (NASDAQ:CTRV) special event on Tuesday. The upcoming conference might be the catalyst needed to attract the investor interest again. Besides the conference, the technical daily chart is also showing signs of a potential reversal. The stochastics and RSI are both continuing to head higher in positive territory and the MACD continues to rise, supporting more upside price action. This positive bias could create a scenario for a strong move to the upside with the break of the 1.65 level, potentially fueling a short squeeze rally. Note: Accumulation line remains near the highs.

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RXi Pharmaceuticals Corp (NASDAQ:RXII) Also should be on your radar screen next week. The CEO will present a corporate overview at two leading industry conferences in New York City. The overview will include the Company's proprietary self-delivering RNAi platform and the multiple development and commercialization opportunities available across a broad spectrum of therapeutic areas. On the technical side, daily indicators continue to show bullish momentum and the volume increased significantly. Looking to see if stock can get over 81c for nice bounce into $1's

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First Solar, Inc. (NASDAQ:FSLR) Another stock with a nice look. Resistance Breakout. Go long on the break of Friday’s high at 33.38. MACD crossover and RSI could help it get into 35's again.

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Trillium Therapeutics Inc. (NASDAQ:TRIL) is consolidating nicely under the declining 50-dy EMA. A break and close above 6.30 will take the stock to $8. From a technical standpoint, indicators are looking bullish but giving mixed signals, which is usually during sideways consolidations. Worth watching for a breakout.

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Ocular Therapeutix Inc (NASDAQ:OCUL) broke out on the up side and rallied quickly to near the $9 level on high volumes. Short-term technical indicators are looking bullish and the MACD on the daily chart recently produced a new buy signal. Go long on the break of Friday’s high at 8.91. If the stock can break this key resistance level next week, we should see a strong follow through move.

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Bonanza Creek Energy Inc (NYSE:BCEI) stalking as a potential swing long above 2.42

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, BCEI, CTRV, FSLR, OCUL, RXII, TRIL

14:17 | Permalink |

My Watchlist for Friday, October 14

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Under Armour Inc (NYSE:UA) surged in the final hour of trading and closed back over 38. The stock continues to show some strength in this market. The MACD is registering a bullish signal and the RSI is rising slowly but hasn’t reached the 50% level. The stock has the following important levels. Resistance at $39 and support at $37.40

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First Solar, Inc. (NASDAQ:FSLR) is setting up for an interesting upside move. The stock hit a high of $39.09 today, but was not able to close above this level due to the market conditions. I expect to see a high volume move once the stock breaks through the key $39.42 resistance area, as traders are watching this stock closely. I believe that the stock could be gearing up to make a run out of this bull-flag formation.

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I've been stating for days that the ProNAi Therapeutics Inc (NASDAQ:DNAI) is trying to bottom. The stock remains deeply undervalued based on fundamentals and has lots of upside potential IMHO. If it breaks the 1.93 level (downtrend line), the momentum could move stock up to the $2.8 area where the 100-day EMA is located. Plus, the upcoming presentation (Next Generation DDR Therapeutics - next week) combined with the positive divergences, may be the perfect catalyst needed to spark a short-squeeze buying explosion here. Lets keep an eye on it. Stop 1.76

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Sunworks Inc (NASDAQ:SUNW) Despite the bearish market action, the stock performed well. $2.99 is the next resistance level that if broken, could send shares back to retest the $3.36 level. I'm Bullish on SUNW.

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Ocular Therapeutix Inc (NASDAQ:OCUL) shows signs of reversal of trend with its recent advancement, however only a strong close above 8.24 would indicate that the stock is ready to move higher. Keep an eye on stock.

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Computer Sciences Corporation (NYSE:CSC) Setting up a possible resistance breakout trade. Long over 53.46

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: CSC, DNAI, FSLR, OCUL, SUNW, UA

22:21 | Permalink |

AC Investor Blog

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

Saturday, June 01, 2019

My hot stock watchlist for Monday

Monday, January 15, 2018

Trade ideas for this week

Monday, May 29, 2017

8 stocks to watch this week

Sunday, February 12, 2017

My Watchlist for Monday, February 13

Thursday, October 13, 2016

My Watchlist for Friday, October 14

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