AC Investor Blog

Stocks to Watch for October 22, 2019

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Soliton Inc (NASDAQ:SOLY) cleared resistance on expanding volume and looks ready to extend its gains. Keep on watch list.

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OncoSec Medical Inc (NASDAQ:ONCS) is back on the list for Tuesday’s trading session. Nice bullish candle on decent volume yesterday. Looks like higher prices to come. Resistance reflects Monday’s high.

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Guardion Health Sciences Inc (NASDAQ:GHSI) This is very constructive price action as it pulls back on lighter volume. Shares have been forming a nice bull flag. If the price breaks this flag the price target is $1.20 Im buying any dip. Just playing what the chart says, nothing more.

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We finally got the breakout in Kadmon Holdings Inc (NYSE:KDMN). Shares rallied past resistance of $2.95 and hit my trigger to open positions. I will be watching the stock again on Tuesday, looking for a follow through move. As long as the stock stays above the rising 50-day EMA, the bullish scenario still intact. Moves of key indicators suggest continuation of positive bias. NOTE: The company announced yesterday in AH that the FDA has approved CLOVIQUE™ (Trientine Hydrochloride Capsules, USP), a room-temperature stable, branded generic product. Trientine hydrochloride is used for the treatment of Wilson's disease in patients who are intolerant of penicillamine. Next major resistance lies at 3.95

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First was AVGR, then ONTX and the third stock from my Watchlist to break the $1 zone should be Dare Bioscience Inc (NASDAQ:DARE). The stock has been forming a bottom and rallied above its 100-day moving average yesterday on decent volume. It looks to be bottoming and we could see $1.14 - $1.3 in rapid fashion.

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Synlogic Inc (NASDAQ:SYBX) is another stock that I brought to my twitter followers attention recently. This stock is in the process of bottoming and I expect a pop above 2.5 at some point in the coming sessions.

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: DARE, GHSI, KDMN, ONCS, SOLY, SYBX

11:33 | Permalink |

Here are some setups to watch on Monday

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Twitter Inc (NYSE:TWTR) has bounced back up from its major support zone (rising EMA20) on the daily time frame. The stock has broken its short-term downward trend line to the upside which means that the bulls are taking again the control. If it breaks Friday's high of 20.58 then it could easily push the price towards the 21 resistance level to test the recent highs. The price action is trading above all key major EMAs and the RSI is trading in line with the price action, which further confirms the above argument. Therefore, the bias still to the upside.

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International Business Machines Corp. (NYSE:IBM) The price has been pulling back off the recent highs, pushing the RSI below 50 but the uptrend remains intact. If price fills the gap next week and shows signs of buying, I will take a long position targeting initially the EMA200. Lets wait and the if the market will favour us.

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Juno Therapeutics Inc (NASDAQ:JUNO) A bullish pattern has been formed, further upward move could be on card. The stock reversed strongly on Friday after trading to a low of 53.48 as the 53.5 support level proved to be a great buying opportunity. We should expect further gains next week and a retest of the 60 area. The technical indicators continue to look strong.

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Leading Brands, Inc (NASDAQ:LBIX) is trading in a downward channel on a hourly time frame and the stock is challenging the upper line of this small channel, which means that the bulls are trying to break it towards the upside. Plus, the price is trading above the hourly EMA200 which further confirms that the “bulls” have taken the control and there is a clear change in momentum. On Friday, I took a long position on this stock and will add more on the break of 1.80. On the daily time frame, the stock is also holding nicely its EMA200 which confirms that the upward trend is still in play.

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Tandem Diabetes Care Inc (NASDAQ:TNDM) has broken its resistance zone as predicted and this factor represents a clear strength for the price action and the bias could certainly be to the upside. Technicals are pointing out for a further move to the upside. Next Tuesday, Kim Blickenstaff, president and CEO, will present a company update at the Stifel 2017 Healthcare Conference in New York, NY. I continue to support a bullish short-term view on the stock. Recent institutional activity has been evident on the buy side.

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OncoSec Medical Inc (NASDAQ:ONCS) was a stock I alerted to my twitter followers/blog readers at 1.30 one week ago, on Friday ONCS hit $2.53 a share and still looking very strong. Here is the post on my blog before ONCS started its big rally.

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Roku Inc (NASDAQ:ROKU) Hits new highs on strong money flow. An amazing two day rally for the stock. It will be interesting to see next week if the stock has more gains in store. This Hourly chart does not need much commentary. Pullbacks should be buyable.

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Biostar Pharmaceuticals Inc (NASDAQ:BSPM) Could see a buying pressure soon. Stock has been starting to climb again on volume and this is a good sign for the stock. As long as the stock stays above the rising EMA50, the target for the upside could be the 2.56 resistance zone, and a break above that level will open the room for a further upside with next target at the $3 level. China stocks are very strong and I think this stock could see some strong upside over the coming days.

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Pain Therapeutics, Inc. (NASDAQ:PTIE) After making a move from $3.25 to almost $4 the stock has pulled back and consolidated. Price seems to have bottomed out with all key indicators starting to follow, so I think we are on the verge of seeing another big move higher for PTIE. On watch.

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Celsion Corporation (NASDAQ:CLSN) was a hot stock yesterday closing up 9.89% and looks to continue its upward trajectory on Monday. I think short term CLSN could see $2.50, but let's see a test and break of $2.09 first (Friday’s high).

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: BSPM, CLSN, IBM, JUNO, LBIX, ONCS, PTIE, ROKU, TNDM, TWTR

09:09 | Permalink |

My Watchlist for Thursday, November 09

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OncoSec Medical Inc (NASDAQ:ONCS) The stock closed up 60% on a monstrous 51.2M shares traded. Congrats to all of you who have been trading this one since I started covering from the $1.2 level. As i tweeted, i sold all my shares today.

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Eleven Biotherapeutics Inc (NASDAQ:EBIO) has already sold off significantly and have a history of big bounces in any rally, so it is only a matter of time before this does again. I started buying today at 69c. Why do I feel so strongly about a bounce? Positive divergences on chart like in August. This is a solid bounce play that should be kept on the radar.

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Qualstar Corporation (NASDAQ:QBAK) Appears ready to climb even more. The volume has been decidedly on the buy side, and if the stock breaks the resistance at 9.29 the stock will generate another opportunity for a long trade targeting the $12 level.

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Tandem Diabetes Care Inc (NASDAQ:TNDM) Today's trading session was a roller coaster, but not even profit takers could stop the stock from closing above its opening price. The company received new European Patent Related to Its T-FLEX Insulin Delivery System. From a technical satndpoint, the stock finally broke out today after over a month of sitting in a tight descending channel. I think TNDM will surpass recent highs around the $3 level in the near term as the potential for this stock begins to be realized. Note: Yesterday the company announced that Kim Blickenstaff, president and CEO, will present a company update at the Stifel 2017 Healthcare Conference in New York, NY. The presentation will take place on Tuesday, November 14, 2017.

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I think Spherix Inc (NASDAQ:SPEX) has a strong support here and looks poised to post a significant bounce from current levels. I could see a 20-30% possible bounce up to 1.55/1.75 a share if it can get passed the resistance at $1.40

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Trevena Inc (NASDAQ:TRVN) is also looking to make a move higher off its recent bottom. A reasonable bounce target is $2.15. Roth Capital reiterated today the Buy rating and price target of $9.00 on shares, encouraging investors to accumulate a position in Trevena. Keep in mind, this was a stock that was trading at over $3 a share in July.

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: EBIO, ONCS, QBAK, SPEX, TNDM, TRVN

22:26 | Permalink |

Bullish setups for the week ahead

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Myomo Inc (NYSEAMERICAN:MYO) The share price is starting to break out from its downtrend channel. The stock hit bottom in the low $2.50's last month and has started to work its way higher. On Friday, it was up over 45% on a breakout type move accompanied by high volume. With a float of just 3.25M shares, yesterday's high volume breakout could be the start of a nice squeeze higher. I believe that there is a strong case for further gains to the 6.5-7 area.

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Qualstar Corporation (NASDAQ:QBAK) closed up 13.6% on Friday at $8.76 a share accompanied by high volume. I had posted about this stock on Wednesday as a potential breakout play on blog at $7.20 and it has come through. Above, there are no key resistances on chart, all the way up to $12

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Endocyte, Inc. (NASDAQ:ECYT) This is a great chart set-up. Nice consolidation in a flag formation after last spike. Yesterday the stock broke out of the flag and reasserted the bullish trend. This rally could take the stock to $6.50 - $6.55 next week.

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Diana Containerships Inc (NASDAQ:DCIX) has done almost nothing but go down since July. Yesterday it bounced in a big way and could see more gains next week due to the high short interest. However, this is a stock to play with tight stop losses. Looking at the 10 minutes chart, on the upside, immediate resistances are located at 12,92 and 13.25 levels. On the downside, immediate supports are seen at 10,22 and 9. Keep in mind, this is a stock extremely volatile with huge swings.

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TOP SHIPS Inc (NASDAQ:TOPS) in the same sector also saw a big move yesterday, as its shares jumped more than 67% on the day, amid huge volumes. If it holds the 69c level, then it could validate a test of $1 mark again. Only a close below this level is bearish.

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DryShips Inc. (NASDAQ:DRYS) seems to have reversed from its short-term downtrend and could be starting a new uptrend. It broke the flag formation on heavy volume, thus confirming its trend reversal. Could be more gains ahead for stock.

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Shares of OncoSec Medical Inc (NASDAQ:ONCS) are moving upwards under heavy accumulation and the stock closed above its weekly EMA50-Day for the first time in years. Plus, MACD is also crossing both its signal line and the zero line, which can be an early signal of a new upward move. So, look for ONCS to continue pushing upwards.

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: DCIX, DRYS, ECYT, MYO, ONCS, QBAK, TOPS

14:19 | Permalink |

My Watchlist for Friday, October 28

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Colfax Corp (NYSE:CFX) successfully close above the $31.66 key resistance level on very impressive money volume. This is a bullish development. Short-term daily technical indicators are strong. Next target is 33.60 area.

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OncoSec Medical Inc (NASDAQ:ONCS) Strong Breakout on heavy volume. (Alerted on twitter at 1.82). Thursday’s high of $2.03 is resistance for the next upside move. If the stock can break through this level, we should see another move to the upside. ONCS can be a good trading stock, so keep it on your radar for the next few days. Use the declining EMA100 as stop.

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Celldex Therapeutics, Inc. (NASDAQ:CLDX) Looking for a bounce here. Watch this small falling wedge and play accordingly. Potential double bottom formation.

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Cogint, Inc. (NASDAQ:COGT) deserves some consideration as a bounce candidate. It is recovering from its bottom with MACD & Slow Sto moving upwards. If the stock holds above $3.40, the price may rise to the 4-4.2 range in the short-term.

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Unilife Corp (NASDAQ:UNIS) this rally seems like it is getting some momo again. A close above the 2.96 level would be a strong indicator of a further uptrend in the stock. On watch.

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Bovie Medical Corporation (NYSEMKT:BVX) Stalking as a potential swing long above 5.69 MACD crossed up signaling a buy. Lets see if tomorrow confirms the signal.

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Valeant Pharmaceuticals Intl Inc (NYSE:VRX) looks about ready to pop here! Setting up a possible resistance breakout trade. Long over 22.65

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: BVX, CFX, CLDX, COGT, ONCS, UNIS, VRX

22:42 | Permalink |

AC Investor Blog

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

Tuesday, October 22, 2019

Stocks to Watch for October 22, 2019

Sunday, November 12, 2017

Here are some setups to watch on Monday

Wednesday, November 08, 2017

My Watchlist for Thursday, November 09

Saturday, November 04, 2017

Bullish setups for the week ahead

Thursday, October 27, 2016

My Watchlist for Friday, October 28

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