AC Investor Blog

Stocks to Watch for August 7, 2013

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Apple Inc. (NASDAQ:AAPL) closed back below the 200-day EMA, which was a nice little sell signal. The technical daily indicators are bullish, but showing some signs of weakness. MACD is rising above its signal line in positive territory, but RSI is sliding down from its overbought zone. Some consolidation or correction is likely. I think a pullback would be healthy.

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OCZ Technology Group Inc.(NASDAQ:OCZ) Could be good for more upside. The stock has a good solid uptrend going, if it breaks 200-day EMA on volume, go long.

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Himax Technologies, Inc. (NASDAQ:HIMX) Looks like the stock may have put in a short-term bottom. Cup and Handle forming here, if the stock can break the handle go long and do not look back XD Stop 6.03

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InterDigital, Inc. (NASDAQ:IDCC) still a good short setup if the market pulls back. Ugly chart, its MACD displayed a new bearish crossover.

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Hudson City Bancorp, Inc. (NASDAQ:HCBK) Bull flag on the daily chart. When the stock closes over the upper band on good volume, go long. On the downside, short the stock when closes below the lower.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.

Thanks for visiting AC Investor Blog.

AC

Labels: AAPL, HCBK, HIMX, IDCC, OCZ

22:42 | Permalink |

Stocks to Watch for May 31, 2013

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There is a potential bullish flag formation pattern developing on the daily chart of Yahoo! Inc. (NASDAQ:YHOO), with a upside potential to the $30 area. Buy only when it breaks the upper band with stop loss at 24.86

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OCZ Technology Group Inc. (NASDAQ:OCZ) could be in the early stages of a technical breakout. The stock finally closed above the EMA50 on heavy volume for the first time since March. Technicals are showing bullish signals supported by by rising MACD and RSI on the daily charts.

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Apple Inc. (NASDAQ:AAPL) Bullish day. Nice break from a short term consolidation. Watch for a follow-through day and be sure to set a stop just below the EMA50.

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Procera Networks Inc (NASDAQ:PKT) is getting ready to come out of a nice consolidation pattern. A close above $15 gets the party started.

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Sirius XM Radio Inc (NASDAQ:SIRI) Be careful at this point, because the MACD is about to cross below the signal line.

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3D Systems Corporation (NYSE:DDD) had a strong surge on big volume today. The stock is inching closer and closer to another breakout move. Buying momentum is still positive and strengthening. On watch.

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Cree, Inc. (NASDAQ:CREE) broke out to new highs on high volume. The short-term uptrend is intact and signals further bullishness on this stock. Buy the stock in dips with a stop-loss at $57.95

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.

Thanks for visiting AC Investor Blog.

AC

Labels: AAPL, CREE, DDD, OCZ, PKT, SIRI, YHOO

22:37 | Permalink |

6 Stocks to watch out for next week

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Starting with Facebook Inc (NASDAQ:FB) on the daily charts. The present uptrend in stock price is getting confirmed as the days go on. Right now, I'm in a long trade that I entered around 29. The medium trend is still bullish, as we can see on the chart above. Immediate support remains at 28.75 followed by 27.4 (50-day SMA). Initial resistance at 32.21. A break above that area could trigger further bullish momentum towards $35 area.

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OCZ Technology Group Inc. (NASDAQ:OCZ) made a strong move Friday on unusual volume. The stock was strong all day as it closed up 18.32% to $2.39. If the stock can break Friday’s high of $2.44, we should see a continuation move.

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JPMorgan Chase & Co. (NYSE:JPM) has been in a strong uptrend since November and it does not looks like the trend will change soon. Today, the stock broke out an important resistance at $46,87 with solid volume. The trend is in favour of Bulls and JPM still has room to go higher.

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NVIDIA Corporation (NASDAQ:NVDA) broke out of a short-term consolidation range on Friday. The high of the day was $12.42, which is resistance for the continuation move. A break of this resistance level could see the stock testing its 200-day SMA at $12.85. Although the stock is still weak as the MACD is below 0, the technical indicator KD now shows positive sign as %K line is now back above %D line. NVDA can be a fast moving stock, so keep it on your radar and be ready for this upside move.

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Zynga Inc (NASDAQ:ZNGA) is holding up nicely above its 50-day SMA. The technical chart is showing possible buying opportunity as %K line is about to cross on top over %D line. A close above 2.54 would impart positive momentum. The stock is likely to move to the 2.7-2.76 range on the break past the resistance zone.

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I continue to watch Delta Air Lines, Inc. (NYSE:DAL). The volume is still large so it could potentially break out again at any moment. Breakout watch over 14.2

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: DAL, FB, JPM, NVDA, OCZ, ZNGA

23:21 | Permalink |

Wednesday December 5th watchlist

What a day my subscribers had with some amazing gains on multiple stocks from my watchlist : GMCR, FSLR , ESI , SODA and OCZ. So, a big congratulations to all of you. Here are the stocks you should be watching on Wednesday.

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Apollo Group Inc (NASDAQ:APOL) crossed its 20-day moving average and closed up $1.47 at $20.53 on strong volume. The momentum indicators have turned up from oversold levels. The current rally should at least push the stock to $21.5 per share where the major resistance is. APOL needs to close above this level to indicate a continuation of the rally.

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InterDigital, Inc.(NASDAQ:IDCC) has been under a buying pressure in the last few weeks and overall the stock still looks healthy. The technicals look good as seen in the chart. The RSI indicator sloping up and crossing the 65 mark and MACD crossover indicates more upside potential for the stock. The daily chart suggests a strong confidence in IDCC's stock, a clear uptrend momentum. It's now in a Breakout mode.

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Crocs, Inc.(NASDAQ:CROX) continues to look bullish to me. Strong breakout and low volume on pullback. Flagging out here, watching for the break out. Keep on radar for a momo play ;)

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OCZ Technology Group Inc. (NASDAQ:OCZ) Next buy point is when the stock makes a move above the resistance at $2 on a close basis. Momentum is with the bulls !!

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Amarin Corporation plc (NASDAQ:AMRN) will push through resistance at $13 if Nasdaq makes a move up.

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United Rentals, Inc. (NYSE:URI) is holding above the 20-day moving average at $40.47. Short-term investors can hold the stock as long as it trades above this support. I think the stock should continue to go up. Looks technically Bullish.

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: AMRN, APOL, CROX, IDCC, OCZ, URI

22:55 | Permalink |

Monday December 3rd watchlist

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I've been bringing InterDigital, Inc.(NASDAQ:IDCC) to my readers the last few months and the stock is again on the verge of a possible breakout. For the coming week, watchout for a possible breakout over $43.09 which is the previous high. Based on a technical perspective the stock shows very strong bullish sign. First of all, the stock is trading above 20/50-day and 200-day moving average with all major moving averages pointing upwards. Then the daily MACD indicator is back above signal line also indicating a buy. In addition, KD line still show the stock is on the positive swing. The short interest remains high at over 13 percent and shorts will need more than 9 days to cover. So, if it breaks above the 43.09 level then a squeeze definitely will happen. I'll be watching the stock again on Monday for a possible Breakout.

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ITT Educational Services, Inc.(NYSE:ESI) stock pulled back after an oversold rally. Resistance on the upside is located at 19.14 followed by 20 and 21.10. Support on the downside is located at 17.84 followed by 17.43 and 16.37. Stochastics are creating higher highs and also curling up from the oversold level. ESI shows signs of bottoming out, gaining 10% from it's 52 week low in the last sessions. Looking like a nice play here.

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VirnetX Holding Corporation (NYSEAMEX:VHC) is facing a key resistance at $35.25 level. The short-term uptrend is intact and signals further bullishness on this stock. From a technical standpoint the stock is in a strong bull market with MACD on top of signal and %K line on top of %D line indicating buy signal. Buy the stock in dips with tight stop-loss at$31.96.

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Research In Motion Limited (NASDAQ:RIMM) has been one of the hottest stocks around, trading up from $8.00 to its current price of $11.60, all this month. Shares may be in a consolidation phase following a nice trend. Keep an eye for a possible breakout over $12.30.

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Looking at the technical chart the trend is beginning to shift towards bullish and a possible long entry can be taken if $1.60 provides support. From here, we can expect a run to the $2.02 level and from there we could see an explosive upsurge to $3, but tight stops should be used.

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: ESI, IDCC, OCZ, RIMM, VHC

22:38 | Permalink |

5 stocks I will be watching for potential trades

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OCZ Technology Group Inc. (NASDAQ:OCZ) - On the radar. The stock closed at $5.76, up 43 cents points for the day on expanding volume, regained its 50-day moving average and reconfirming that a new short-term uptrend is in place. Further rise is expected to follow to retest $6 level. Near term support is now located at $5.33, as long as this level holds, I'd expect the uptrend to continue. Long-term investors may hold with a stop at $4.90.

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DAKT Skechers USA Inc (NYSE:SKX) stock broke out today but failed to close near the highs. SKX pulled back during the day, however still closed higher than the high of the previous two sessions, which is bullish to me. Let's see how this trades tomorrow.

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InterDigital, Inc.(NASDAQ:IDCC) is one of my favorite long term plays and the technicals are setting up in favor of the bulls. The MACD has risen strongly above zero and OBV continues to rise, indicating continuing accumulation. The stock is now approaching a key medium-term resistance zone around 34.34 ( 200-day MA). A move above this technical level is likely to spark a short-covering rally towards $35.IDCC is also heavy shorted which only means one thing.... squeeze ;-) Keep an eye on IDCC, near breakout levels.

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Astex Pharmaceuticals, Inc. (NASDAQ:ASTX), like it above $2.8

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Silver Standard Resources Inc. (NASDAQ:SSRI) - The 200-day MA is right above $13.94, I like it above that level. Solid upside volume showing up this week and that shows continuing accumulation in the pattern. Now we wait for the breakout move. The short-term uptrend will not be threatened unless the stock goes on to close below the second support 12.21.

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: ASTX, IDCC, OCZ, SKX, SSRI

22:22 | Permalink |

Five nice setups to watch next week

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FormFactor, Inc. (NASDAQ:FORM) on the way to test the $7 level again. The technical chart above shows that although the decline looks impressive in the short-term, it's still within a rising channel that started in December 2011. With the stock again above the 50-day moving average and stochastic moving up, it looks like the stock is heading for the top of the channel again ! If you are bullish on the stock now is a nice time to buy and aim for the most recent high. If the stock does continue the bullish trend stay above 5.8, the next important resistance is 7, this should be the max target for the short-term though a break above does open up more room to the upside. Additionally, the accumulation indicator shows the strength of conviction behind this Bullish trend. Lets keep an eye on it.

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Shares of News Corp (NASDAQ:NWSA) today broke out of a bullish consolidation pattern that has been a pause in its steep more than 30% up move in June. Look for follow-through on Monday with increasing volume to confirm today's move.

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Tellabs, Inc.(NASDAQ:TLAB) was one of the big winners on Friday, as the stock traded up on their earnings. At its daily high, the stock touched the 50-day moving average but it did not surpass the resistance level. A close above this level is likely to take TLAB to higher levels with the stock expected to test the intermediate high of 3.8 recorded in May.

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Nice breakout on OCZ Technology Group Inc. (NASDAQ:OCZ) with strong volume. Momentum picking up with MACD climbing and RSI rising. Look for a quick run to $8 then on to $8.46

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Manitowoc Company, Inc. (NYSE:MTW) Solid breakout on strong volume. If the stock can break Friday’s high of $12.36, we should see a strong follow through move. MTW will move very quickly, so keep a very close eye on the stock 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: FORM, MTW, NWSA, OCZ, TLAB

22:13 | Permalink |

AC Investor Blog

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

Tuesday, August 06, 2013

Stocks to Watch for August 7, 2013

Thursday, May 30, 2013

Stocks to Watch for May 31, 2013

Friday, January 25, 2013

6 Stocks to watch out for next week

Tuesday, December 04, 2012

Wednesday December 5th watchlist

Friday, November 30, 2012

Monday December 3rd watchlist

Tuesday, August 21, 2012

5 stocks I will be watching for potential trades

Friday, July 27, 2012

Five nice setups to watch next week

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