AC Investor Blog

Swing Trading Setups to Watch Next Week

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I think Happiness Biotech Group Ltd (NASDAQ:HAPP) has found support around the $1.90-$2.05 range and looks poised to post a bounce from here. I could see a 25-35% possible bounce up to $2.6 - $2.8 a share if we can get past the resistance point at 2.19 There are several daily technical indications I see which suggest a bottom, including large positive divergences on MACD and ADX on daily. If the potential buy signal confirms itself, we will be looking for a move to the resistance area at $2.6, at the very least. Keep it on your watch list going forward. Could be a high flyer on breakout. NOTE: On June 5, the Company successfully obtained the CE certification for COVID-19 anti-body testing kits. The company provides disinfectants, non-medical face masks, and COVID-19 anti-body testing kits.

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Kandi Technologies Group Inc (NASDAQ:KNDI) price had a nice surge a few weeks ago and has been in a correction mode since then, finding a strong around the $6 level. The stock is now displaying upside momentum again and is poised to move higher from these levels. Nearest resistance for the stock is at $6.73. If this level is crossed and the stock is able to sustain above this level, then it might go to $10. From a technical standpoint, the MACD is slowly turning up forming a buy signal and RSI is also showing signs of reversal. With Tesla battery day coming up, this stock must be on your radar next week.

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Remark Holdings Inc (NASDAQ:MARK) showed buying strength all day on Friday. We are finally starting to see some signals of rebound as the daily technical chart shows positive momentum is back. If stock breaks 1.38 then the stock can head to 1.98 and if this level is breached then the level of 2.5 is visible. I think it's worth adding to your watchlist.

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Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) looks like a bottom formation here. A breakout over 56c with strong volume would send this flying. I went long on Friday following Reuters news "Baltic index posts weekly gain on robust capesize rates". I see a 70c move coming.

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Onconova Therapeutics Inc (NASDAQ:ONTX) made an awesome move breaking out of a major resistance line with volume backed confirmation on Friday. Should breakout hard to upside when it crosses over 40c Definitely on watch next week.

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Pacific Ethanol Inc (NASDAQ:PEIX) Continues to act strong setting new highs. Pullbacks to the rising 9EMA (yellow line) are buying opportunities. The upside is favored as long as this line holds.

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News Corp Class A (NASDAQ:NWSA) broke out to new highs on high volume. The uptrend remains intact and signals further bullishness on this stock. Technical indicators are bullish.

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Bio-Path Holdings Inc (NASDAQ:BPTH) saw its shares surged almost 4.5% to $4.44 per share on decent volume Friday after received a Notice of Allowance for its US patent application 16/426,798 titled "P-ETHOXY NUCLEIC ACIDS FOR LIPOSOMAL FORMULATION. On the daily chart, the stock has a strong resistance around $5.65, and a break above it should lead to a continued advance up to 7, the next strong resistance level. I like the stock at current levels.

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Retractable Technologies, Inc. (NYSEAMERICAN:RVP) appears to have successfully reversed its downtrend. The stock has some noticeable indicators suggesting that it is ready to make a move. Buyable on any pullback to pivot. Long setup.

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Genius Brands International Inc (NASDAQ:GNUS) is another stock I am watching closely. If it clears resistance at $1.41 (EMA200), the move may be powerful. The trend indicator MACD has triggered a new buy signal and also the RSI is on the positive side again. GNUS will move quickly, so keep it on your screen next week.

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Spartan Energy Acquisition Ord Shs Class A (NYSE:SPAQ) has been stuck in a range between $16 and $18 for much the last five sessions (healthy consolidation), waiting for some news to support the next movement on either way. Anyway, a short/medium-term bullish bias is favoured as long as the key support around 15.45 holds.

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Kodak (NYSE:KODK) had another big pop yesterday and the stock price finally closed above the $12 resistance level. Go long on the break of Friday’s high at 12.51 with a SL 10.82 Strong bullish volume on chart.

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: BPTH, GNUS, HAPP, KNDI, KODK, MARK, ONTX, PEIX, RVP, SHIP, SPAQ

18:49 | Permalink |

Swing trade ideas and stock charts for next week

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I alerted BioNano Genomics Inc (NASDAQ:BNGO) to my twitter followers (real-time alerts) before crowd when it was trading around 55 cents. Traders who saw the gold in my alert and took advantage of BNGO 225% climb last week, then congratulations. As i tweeted, i sold all my positions. From a technical standpoint, the stock is now pulling back in a correction or changing direction. As long as the uptrend line holds on the 30m chart (around the $1.5 level) the short-term uptrend remains intact.

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The strong move in Avinger Inc (NASDAQ:AVGR) shares was something that I tweeted on Thursday's afternoon. If you were following my twitter account you would have gotten the tweet when the stock was trading at 88 cents. It ended the day on Friday at $1.11, gaining nearly 22%. If you jumped in and booked your profits, congratulations !! The power of Friday's move suggests an upward breakout that could impulse SPU's stock to test the $1.21 area on Monday. SL 77 cents.

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Onconova Therapeutics Inc (NASDAQ:ONTX) closed the week above the 89 cents which has acted as an area of resistance in the last sessions, more upside will come in the coming days, and possibly the beginning of a new uptrend to close the gap. This stock is showing some great accumulation at current prices and i would not be surprised if we see a BNGO type-move.

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Arcadia Biosciences Inc (NASDAQ:RKDA) The chart pattern is compressed here and this stock is coiling up for a larger move. If it can push above $5.50 convincingly next week, it could be off to the races.

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Enlivex Therapeutics Ltd (NASDAQ:ENLV) things are starting to turn up. Could it see its high of $44.90? I don't think so, but I think short term $17.5 is not out of the question. Bottom is rounding, if it breaks the 9.30 area the move could be strong to the upside. Potential V-bounce.

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Nuvectra Corp (NASDAQ:NVTR) had a volume/news and price breakout that should continue into next week. With 6.5M in volume this stock looks poised to post more gains next week. As I always say, follow the money and right now NVTR has the money pouring into it. 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: AVGR, BNGO, ENLV, NVTR, ONTX, RKDA

15:18 | Permalink |

Swing trade ideas and stock charts for the coming week

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Slack Technologies (NYSE:WORK) is nearing a key resistance level that has contained prices on two occasions in the last sessions. Considering the recent strong momentum, I think the stock looks set to break higher and rise above its rising 50-day EMA. The immediate support level is located at 25.06 followed by 24.41. Keep this stock in your radar list.

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Shares of Synthesis Energy Systems, Inc. (NASDAQ:SES) soared 191% to $5.25 per share after the company announced it purchased Australian Future Energy in all-stock deal worth $36M. Although the stock has been in weak market for the past few months, yesterday rally shows the stock is back on uptrend on rising MACD and RSI. With MACD now barely hit above 0, we probably will see more positive action coming from the stock. Long setup on watch. Any close above the green line (EMA200) will confirm the trend change.

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Based on the daily chart above, I feel Arcadia Biosciences Inc (NASDAQ:RKDA) stock is well over due for a counter trend rally, and I think it could see $6.5 or better if investor interest comes back into this stock. This stock was trading over $10 a share less than two months ago. From a technical standpoint, MACD is curling up and the RSI is in the oversold region, showing some signs of reversal. Thus, a strong reversal over the coming days is expected. This is the perfect stock to expect a SES type-move.

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I think it's time to reconsider adding Onconova Therapeutics Inc (NASDAQ:ONTX) to your portfolio for a potential big bounce. The company is now well-funded for the coming months with the recent offering at $1.60 and after the HanX Biopharmaceuticals deal. I started accumulating the stock. From a technical standpoint, MACD has generated a bullish alert and the RSI is in the extremely oversold region, a volatility squeeze seems eminent. Technicals are showing positive divergences supported by rising MACD and Slow Sto on the daily charts. Plus, there is a gap to fill over1.3

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VISTA OIL & GAS/S ADR (NYSE:VIST) Friday's breakout on strong volume is highly noteworthy and this stock should be added to your watch-list for consideration when the uptrend resumes.

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Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) is looking quite good here for higher prices. I'm watching closely this tiny float stock for a breakout above 3.95, as the stock has been basing nicely.

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The share price of Whiting Petroleum Corp (NYSE:WLL) is showing signs of a potential reversal. Clear break above 7.73 (EMA20) could trigger further bullish recovery testing the 8.56 area.

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Scworx Corp (NASDAQ:WORX) There are some signs of a possible bounce at this point due to the oversold conditions and some positive divergences on daily MACD, which often leads to short covering. A reversal may be on the way. Im long. This stock has a history of massive rallies at major supports.

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Enlivex Therapeutics Ltd (NASDAQ:ENLV) has been in a tremendous tailspin the last three weeks. It has seen a bevy of selling bring the stock to fresh new lows for the year and i cant find "news" that could justify the scale of decline. I took a long position on stock last week, because i believe we could see a sharp rally out of these extreme oversold conditions.

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AMD (NASDAQ:AMD) Another stock with a nice look. Resistance Breakout. Go long on the break of Friday’s high at 30.20. MACD crossover and RSI could help it get into 32's again.

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I have LYFT Inc (NASDAQ:LYFT) on my watchlist for next week. It might attempt to breakout above $40.31 level again and if it succeed we should expect a strong move to the upside.

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: AMD, ENLV, LYFT, ONTX, RKDA, SES, TTPH, VIST, WLL, WORK, WORX

15:44 | Permalink |

12 Technical Setups for the coming week

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In the past few days we have noticed that the stock price of Aphria Inc (NYSE: APHA) has been on a consistent bullish uptick in market valuation. Moreover, along with the market valuation the technical key daily indicators MACD, RSI and A/D have been bullish, rising for the past several days. Additionally, the stock past a key resistance level of 9.45. It is overbought but volume and money flow still building. So, keep watching APHA trade and watch for potential continuation of its recent upward move next week.

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I have Tilray Inc (NASDAQ: TLRY) on my watchlist. It may be ready to break out of this small consolidation. Bullish MACD cross on daily. Potential swing long above 84

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New Age Beverages Corp (NASDAQ: NBEV) Good pattern and accumulation, but I need to see further upside confirmation before adding a new long position. The good side of this stock technically is that MACD is still rising above the 0 line and RSI above its 50% level, so this stock is still bullish for now even if it is still consolidating. Keep an eye for a possible breakout over 7.62 next week to see further gains.

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Nio Inc (NYSE: NIO) displayed some impressive relative strength last week. A break of $8.3 with force might give the stock room to $10. MACD and A/D both signal positive strength and accumulation. The stock is trading above all major EMAs, also a bullish sign. A lot of eyes are on this stock right now, so make sure this is on your radar screens. Squeeze seems imminent.

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Onconova Therapeutics Inc (NASDAQ: ONTX) was another winner for my readers/twitter followers last week. The stock might face a period of sideways action here while it consolidates the gains booked in the last trading sessions.

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Naked Brand Group Ltd (NASDAQ: NAKD) has started to see some activity after a long period of hybernation. The stock broke the downtrend line last week and it gives a signal that the stock can move upward. Momentum indicators are also supporting the trend reversal. RSI is heading higher from oversold levels and MACD is showing signs of turning up finally. That could generate a lot of additional interest from other traders scanning for bottom plays that could be become solid gainers. Money flow into the stock has been very nice over the past trading sessions. NAKD Could be a BIG Runner, so watch it closely next week. If it breaks next pivot point at 93c can easily run to next target at 1.45 followed by 2.12. I entered long on Friday.

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Inpixon (NASDAQ: INPX) everybody knows that I'm a patient investor. This spec play is basing constructively above the $2 level. The real fireworks should begin if price can break above the $2.29 area. As long as the stock can remain above $2, I like the stock. The MACD line is starting to curl upward, which should eventually lead to price increases. Could be a high flyer on breakout. Keep on watch list. Note: The recent offering was oversubscribed at $3.33

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Ameri Holdings Inc (NASDAQ: AMRH) could be on the verge of making a strong move upwards. Stock closed 12.83% higher to 26c after basing over 1 month. Friday's rally was driven on higher-than-average-volume and positive money flow. MACD indicators are moving higher and on the verge of crossing the power zone. A break of 30c with force might give the stock room to 54c.

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Rewalk Robotics Ltd (NASDAQ: RWLK) was able to break through the 31c resistance level last week and sustained the move. I still holding my shares since 18c and will play the fill of the gap.

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VMware (NYSE: VMW) Keep an eye on this one, looks poised to break out and run higher.

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Infinera Corp. (NASDAQ: INFN) had a nice breakout with a pop of 76c to 5.16 or 17.27% on 7.5M shares, the biggest volume in a couple weeks. The heavy buying makes this an interesting situation and one worth watching on Monday. Nice gap here to fill.

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Axsome Therapeutics Inc (NASDAQ: AXSM) hit a new 52 week high and closed above resistance. As long as the stock stays above the $9 level it is still safe to hold on to your positions.

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: AMRH, APHA, AXSM, INFN, INPX, NAKD, NBEV, NIO, ONTX, RWLK, TLRY, VMW

20:39 | Permalink |

Technical Setups for the Week of September 17, 2018

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Nio Inc - ADR (NYSE: NIO) China's NIO, one of the many electric-car startups looking to become the next Tesla couldn't have wished for a better time to have such a fantastic start. The stock closed the week with a gain of nearly 55% since the first day of trading. The stock pulled back around 15% on Friday, however it's still trading heavy volume and is dificult to predict the next direction in the short-term. Above you can see the 15m chart with the technical pivot points. If the $9 level holds on we can see a huge rally to the next possible demand zone. So, lets wait and see what the stock does in the coming days.

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Tilray Inc (NASDAQ: TLRY) also continued its heavy action last week. The question will remain can it continues to perform? The stock found strong support near its trend-line on the hourly chart as it should have, and thus, this is clear an encouraging sign for a rebound from these levels, so play carefully with stops under it.

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Tesla Inc (NASDAQ: TSLA) is in breakout mode after working its way off its 4-month lows, and I expect continuation of the current trend in the coming days. MACD is also supporting up trend movement. Positive signals from RSI as well. Next resistance area is the 310-315 range, which is also my first trading target.

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Onconova Therapeutics Inc (NASDAQ: ONTX) a stock I brought you this past weekend is just starting to move off its bottom. It jumped 7.91% Friday on volume triple than the average, crossing the 100-day exponential moving average and breaking key resistance at $.50. These signs show high probability for continuation of current momentum. My short-term target range for ONTX is between $.60 and $.63 (As i tweeted, I went long at 48c)

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My Size Inc (NASDAQ: MYSZ) My bottom scans, specifically on small caps are not a perfect science but usually works. What they do offer are small cap stocks that potentially are poised to rally off their lows. As you know, some of them continue to fall even in extreme oversold conditions, while others can and have rallied sharply the next days. MYSZ was a good example, it did not rally the day after it came up on my scan (July 24th on a blog post), but it did offer those who didnt know about the company a chance to look at the stock chart and see if they want to trade it for a recovery rally. Those that did in July are up some 80% :) Patience paid off.

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Fortress Biotech (NASDAQ: FBIO) Is this a double bottom? That is the risk, it could fall further, but the positive divergences in the key technical indicators are suggesting a short covering rally at any time. I wouldn't be surprised if this stock popped 15-20% in one session soon. Note: Big boys purchased a lot of shares in August (including Morgan Stanley, DB, Goldman Sachs and JPM). I went long on Friday.

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GreenTree Hospitality Group Ltd - ADR (NYSE: GHG) may be starting to turn higher. Yesterday, we had strong buying volume and the stock looks poised to break out of its three month slump. In addition, it broke the short-term downtrend channel. We could see a sharp rally out of these oversold conditions.

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Ceridian HCM Holding Inc (NYSE: CDAY) caught my eye on Friday due to its bullish posture without looking overbough. The stock may be close to breaking to new highs again. Volume is starting to pick up and there could be a decent short squeeze if it clears June highs.

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Advanced Micro Devices, Inc. (NASDAQ: AMD) appears to be setting up for higher highs on hourly within a large ascending channel. It remains on watch for further gains.

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Sierra Oncology Inc (NASDAQ: SRRA) was over $3.6 in June and closed Friday at $1.79. The stock is back at the bottom area and could provide another great swing trade. I bought shares last week. A break and close above the 1.85 level next week could move the stock significantly higher as it attempts to break out of this bottom pattern in place since mid-August. 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: AMD, CDAY, FBIO, GHG, MYSZ, NIO, ONTX, SRRA, TLRY, TSLA

17:29 | Permalink |

AC Investor Blog

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

Saturday, September 19, 2020

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Saturday, October 19, 2019

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Saturday, October 12, 2019

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Saturday, February 02, 2019

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Saturday, September 15, 2018

Technical Setups for the Week of September 17, 2018

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