AC Investor Blog

Stocks to keep an eye on April 20, 2015

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Gogo Inc (NASDAQ:GOGO) made a new 52 week high last week spiking up to 22.05 and surpassing the previous high set in March. The stock has had a very strong move from the mid-January low and remains in a strong uptrend on the daily charts. Yesterday's drop on low volume should not be interpreted as the start of a sell-off. Might form a cup and handle pattern here. MACD and A/D both signal positive strength and accumulation. The stock is trading above all major EMAs, also a bullish sign.

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Oncolytics Biotech, Inc. (NASDAQ:ONCY) The stock Friday surged 10% or 7 cents to 76c per share on high volume as the company announced that the U.S. FDA has granted an Orphan Drug Designation for its lead product candidate, REOLYSIN, for the treatment of malignant glioma. From a technical standpoint, the stock seems to have broken a falling wedge pattern, which often precedes reversals. In addition, technical indicator MACD is on the cusp of a bullish crossover showing the stock is heading towards a bull market. The 14-day RSI is also back above 50. Yesterday's good news should push stock prices back up. Im long with an initial target of 93c then 1.10.

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Sonus Networks, Inc. (NASDAQ:SONS) has seen a massive drop in share price and I’m starting to see more evidences on charts, supporting the idea that a bounce here is becoming likely. With the daily momentum indicators showing positive divergences I think a push to $8.90 or better could be in the making. Be patient.

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Rosetta Genomics Ltd. (NASDAQ:ROSG) Price targets are rising again and the stock got two upgrades last week, from Zacks ($13) and Cantor ($5.50), both buy ratings and estimates are on the rise. I expect more in the coming weeks. The stock closed the week above the pivot at $3.84. Further strength cannot be ruled out now.

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Second Sight Medical Products Inc (NASDAQ:EYES) The potential for this company/stock is enormous IMHO. From my point of view, their revolutionary products could create meaningful shareholder value in the next months. The company has a dominant patent portfolio with nearly 300 granted patents and over 150 pending patent applications and has no direct competitors in its niche. From a technical standpoint, the bulls remain in control with price trading above all key EMA's while MACD still in a buy setup. Im long.

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) The stock resumed a fresh up move after basing for two weeks and seems poised for a breakout above the 12.20 level. The recent high volume activity along with positive crossover of MACD on the daily charts suggest fresh buying interest in the stock. This will be a stock to watch next week.

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) The stock has been trading sideways for the last few weeks and is showing signs of bullishness. The MACD had a positive crossover last week and the RSI remains in buy mode that supports the positive momentum in the stock. Buy signal: When stock breaks $4.79 on volume.

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, EYES, GOGO, ONCY, ROSG, SONS, ZIOP

13:14 | Permalink |

Stocks to Watch for March 21, 2014

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Oncolytics Biotech, Inc. (NASDAQ:ONCY) This technical chart above shows a possible rounding bottom formation with a potential rally back to resistance at $2.40 as the next swing for the stock. A move above the neckiline is required to trigger an upside breakout and another run. Stock price has been moving sideways in short term to build up momentum and the latest price rebound on strong volume, is another good indication that the stock is likely to test the previous high at 2.70 if the neckline of the rounding bottom at 1.92 is penetrated. Stay tuned !!

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Intel Corporation (NASDAQ:INTC) finally broke out of the consolidation range that I've discussed recently. We can see in the chart above that the breakout was clean on strong volume, indicating that more upside is possible in this stock. The price can move up to $25.79-$26.21 in the short-term.

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Broadcom Corporation (NASDAQ:BRCM) gained nicely today and made a new 6 month high at $31.47. The technical daily chart above shows the stock is on a bull market as it is trading above both 50-day and 200-day exp moving average and the 50-day exp moving average is on top of 200-day exp moving average heading upwards. Other indicator, such as MACD is above 0 showing positive momentum, while RSI also shows buy signal. Looks good for higher prices.

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Lattice Semiconductor (NASDAQ:LSCC) is still trading around $8 which has been a strong resistance over the past several days. I plan to buy the stock if it can break this key resistance level. The trend is still up.

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Western Digital Corp (NASDAQ:WDC) showed some strength today. The stock closed nicely above the major short-term EMA levels with solid volume. At this level, we should see the stock retest the next pivot point located at $89.79 followed by $90.44. The support level is adjusted to $85.18.

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I have Samson Oil & Gas Limited (NYSEMKT:SSN) on my watchlist. It may be ready to break out of this base. Bullish MACD cross on daily. Potential swing long above 52c (200EMA).

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: BRCM, INTC, LSCC, ONCY, SSN, WDC

22:09 | Permalink |

Stocks to Watch for February 26, 2014

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Cameco Corporation (NYSE:CCJ) Today the stock made a strong move to the upside, closing near the highs. The stock is setting up to break out and has one more level to go, which is $23.19.

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Oncolytics Biotech, Inc.(NASDAQ:ONCY) technical daily chart looks really good. The stock has been in a nice uptrend for the last three weeks and it looks very strong with the 20-day exp. moving average going up. ADX is also indicating that the current short term price trend is very bullish. In addition, the MACD is increasing, indicating positive momentum. The price can head towards the $1.75-$1.8 zone. If this zone is surpassed, getting to $2 would be a possibility.

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BlackBerry Ltd (NASDAQ:BBRY) had a very nice day today as it broke out from a nice bull flag formation with high volume. All major EMAs are rising and the stock is trading above them. Bulls will regain complete control when the stock closes above its January top. Technical indicators are bullish.

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Uranerz Energy Corp. (NYSEMKT:URZ) tried to break out today but failed. Volume patterns good, keep an eye on it the next few days.

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Denison Mines Corp (NYSEMKT:DNN) had a very nice day today, breaking out above the $1.46 level on heavy volume. As long as it can hold this level, it looks good.

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Plug Power Inc (NASDAQ:PLUG) On watchlist no trigger yet. Long above $4.20. If the stock can break through this level, buy the stock and watch it take off. There is plenty of accumulation on daily chart. Stop now located at 3.49

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: BBRY, CCJ, DNN, ONCY, PLUG, URZ

22:21 | Permalink |

Stocks to Watch for January 27, 2014

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I alerted readers and twitter followers to Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) as a possible breakout play several times last week. After drifting for weeks, the stock finally broke out of a consolidation with a large volume on Friday and reached a new three-month high. Due to the overbought readings I took profits and will wait for a pull-back to reenter.

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WidePoint Corporation (NYSEMKT:WYY) slumped again on Friday, hitting its lowest level in more than four weeks. The stock closed just above the 1.42 level 50EMA. I believe now is the time to start trying to catch this knife with a tigh stop loss. Some technical indicators such as CMF and A/D remain strong. Any bounce from here could move to 1.75. Let's see if that happens on Monday. The potential growth of the company is very attractive.

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Zogenix, Inc. (NASDAQ:ZGNX) stalking. I would like to see this stock close over 4.55 before getting involved. Both MACD and RSI are not showing any signs of weakness yet. As long as the stock trades above $4.17 EMA13, the short-term trend is considered intact.

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Superconductor Technologies, Inc. (NASDAQ:SCON) is pulling back on low-volume. I'm currently accumulating the stock. OBV indicator remains pointing upward.

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Oncolytics Biotech, Inc. (NASDAQ:ONCY) is forming a rounding-bottom on the daily chart. This is a medium-term reversal pattern. 1.74 EM9 zone keeps holding the upside. Technical indicators have turned slightly bullish with MACD crossing over the zero-line. 1.91 level in the daily seems to be capping the upside for now. A clear break above this level should take the price up to 2.2-2.30 area. Long setup.

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Microsoft Corporation (NASDAQ:MSFT) Broke out of the downtrend line in place since December as well as its 50-day EMA yesterday. The strong volume that accompanied the breakout is very bullish for the stock. The MACD has just issued a buy signal. The push should continue for the days, if not weeks ahead. Worth watching next week.

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Vringo, Inc. (NASDAQ:VRNG) Potential breakout play next week. Watching over 4 with resistance at 4.14. The MACD has inched higher and moved away from the zero line, which is very Bullish. Keep it on watch.

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Keryx Biopharmaceuticals (NASDAQ:KERX) is on my watch list for next week. The stock price can potentially set-up well for a swing-trade, if it breaks through the key resistance level at 16.18.

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: ARIA, KERX, MSFT, ONCY, SCON, VRNG, WYY, ZGNX

11:20 | Permalink |

Stocks to Watch for January 24, 2014

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Novavax, Inc. (NASDAQ:NVAX) Consolidation below highs. I'd be cautious here as the stock price needs to work the overbought conditions. Only a break above the highs of 6.49 would suggest further gains.

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Equinix Inc (NASDAQ:EQIX) brokeout from a symmetrical triangle pattern with a very large volume. The target price for the stock is around 190. Watchout for upcoming resistance at 185.44, which is a previous high.

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Oncolytics Biotech, Inc. (NASDAQ:ONCY) There is a possible rounding bottom formation on daily charts and for the short-term it can target levels of around 2.12. From a technical standpoint, the MACD is about to cross above 0 and the RSI is gaining momentum. Long setup.

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Quicksilver Resources Inc (NYSE:KWK) On my watch list. 3.26 is the pivot here. If it breaks, we could see 3.54 quickly.

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Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) has recently been trading high volume and is about to test resistance at 7.75 which is the previous high. If that break occurs, the stock price should be ripe for a long trade. All technicals are bullish and the short term outlook continues to look bullish.

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Apple Inc. (NASDAQ:AAPL) held up well today in a weak market. Technicals are now positive and its MACD just produced a new buy signal. If it breaks its recent high of 560.2 go long. Stop 539.91

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, ARIA, EQIX, KWK, NVAX, ONCY

22:53 | Permalink |

Stocks to Watch for January 13, 2014

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Tesoro Corporation (NYSE:TSO) is in a bullish pennant pattern just above the 56 area after a steep rise from the 40 level in October. A break above 59.57 could move the stock towards levels not seen since May 2013, when the stock price was near 65. Keep the stock on watch if it crosses the resistance line.

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Facebook Inc (NASDAQ:FB) has been flagging in recent sessions after a 5% spike on Monday. Technical Indicators are showing bullish signals supported by rising MACD and RSI on the daily charts. Daily EMAs are also rising with the stock price trading above them. Breakout watch above 58.96.

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Dynavax Technologies Corporation (NASDAQ:DVAX) Setting up to take out this major resistance area to the upside. If the stock price breaks that level on high volume, one can go long with a tight stop at 1.78.

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Oncolytics Biotech, Inc. (NASDAQ:ONCY) looks to have bottomed out. Today volume surged past 1 Million shares and mostly on the buy side. I think we could see a nice bounce here, at least a 20-30% bounce in my opinion. On the technical daily chart, MACD shows a positive divergence and it's in a buy mode. The Momentum Indicator RSI is also supporting the bullish view.

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Synergy Pharmaceuticals Inc (NASDAQ:SGYP) has moved up nicely over the past four sessions and is once again near the highs. If the stock can break over 5.82 it would be a buy. On watch.

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Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) is in breakout mode. There is a Big gap to fill above. Keeping an eye on 3.99/4.07 area with volume.

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NQ Mobile Inc (ADR) (NYSE:NQ) are starting to heat up again and are worth watching next week. If volume can pick up, I think this stock price can break through resistance at $15.36 and re-test its recent highs around 16.3

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: ACHN, DVAX, FB, NQ, ONCY, SGYP, TSO

23:38 | Permalink |

AC Investor Blog

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

Saturday, April 18, 2015

Stocks to keep an eye on April 20, 2015

Thursday, March 20, 2014

Stocks to Watch for March 21, 2014

Tuesday, February 25, 2014

Stocks to Watch for February 26, 2014

Saturday, January 25, 2014

Stocks to Watch for January 27, 2014

Thursday, January 23, 2014

Stocks to Watch for January 24, 2014

Friday, January 10, 2014

Stocks to Watch for January 13, 2014

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