AC Investor Blog

Chart setups on my watchlist for next week

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Outlook Therapeutics Inc (NASDAQ: OTLK) closed Friday with a nice big bullish engulfing candle on decent volume, looking good to go higher. Long over 2.49

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Pinterest Inc (NYSE: PINS) is setting up to take this resistance over 28 out.

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BlackBerry Ltd (NYSE: BB) Pulling back on very low volume to test the downtrend line (previous resistance, now support), if it holds it looks good to test/break the EMA200 in the coming sessions.

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Antares Pharma Inc (NASDAQ: ATRS) Keep on watch, looks like this one wants to break through this key resistance zone. We have now MACD above zero line and RSI above 50% levels, indicating the stock is in a bullish trend.

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Maxar Technologies Inc (NYSE: MAXR) is currently breaking out of a base formation and the probability is that it will move up in the next sessions. Momentum indicators are slightly bullish now with RSI inching away above the middle level. Long over 6.87

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LYFT Inc (NASDAQ: LYFT) The new short-term bullish trend looks good. Key resistance is located at 63, a break and close above this level will confirm the bullish trend and the following uptrend will take price up to 70/72.5 zone. Momentum picking up with MACD climbing and RSI rising. Stop 55.5

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Adomani Inc (NASDAQ: ADOM) is showing signs of significant share accumulation. I expect the stock to begin its ascent back to recent highs of $.45-$.48 before ultimately breaking and surpassing $.51

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There is a potential breakout scenario developing on chart of Arca Biopharma Inc (NASDAQ: ABIO) The stock has fallen from over $8.8 to $6.4 and looks to be bottoming. I think this stock could see some strong upside over the coming days and weeks.

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This former runner is getting some attention by institutions again (two SC 13G reported last week). As I always say, follow the money, and right now that money is flowing into DelMar Pharmaceuticals Inc (NASDAQ: DMPI) as chart shows. With MACD crossing up, this stock could be in for a sharp rally.

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: ABIO, ADOM, ATRS, BB, DMPI, LYFT, MAXR, OTLK, PINS

21:34 | Permalink |

Tuesday Stocks To Watch

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Immunic Inc (NASDAQ: IMUX) is finally starting to break out. The stock hit bottom in the low $8.60's and has started to work its way higher. On Friday, it was up over 21% on a breakout type move. The stock has a history of vertical rallies, as shown on the daily chart above and if this rally does come to fruition a quick 20-35% gain, possibly much more, is not out of the question. The chart also looks to be turning higher. I think short-term it will break back over $13 and could test $15

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Workhorse Group Inc (NASDAQ: WKHS) looks to be turning the corner on the chart after falling steadily over the last few weeks. Seeing if it will continue its upward move tomorrow. Worth adding to your watchlist. Could squeeze over 1.85

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Outlook Therapeutics Inc (NASDAQ: OTLK) I covered this stock on my blog and twitter as a potential bottom play this month. The stock is up over 200% since I brought it to my readers. It was one of the winners on Friday, as the stock closed up 83 cents on the day with high volumes. From a technical standpoint, the stock still in a short-term Bull Market with share price above 9, 13 and 20 EMAs. Watch the break of 3.35 for next leg up.

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Aphria Inc (NYSE: APHA) is displaying a new upside momentum on chart and looks poised to move higher from these levels. Expect an initial run up to its declining 50-day exp moving average at $7.87

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New Age Beverages Corp (NASDAQ: NBEV) I like the idea of getting long here with a stop below the rising 200-day EMA. The MACD is making a bullish crossover and the RSI is also rising. Could pop over 5.65

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Arrowhead Pharmaceuticals Inc (NASDAQ: ARWR) broke resistance to new highs Friday. The stock traded heavy volume as it hit a high of $24.30. This high is the next resistance for Tuesday’s continuation move.

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InspireMD Inc (NYSEAMERICAN: NSPR) Bottom traders are attacking again. There are some signs that the stock is gaining some momentum in recent days. It is well oversold and a bull move is probable for the coming sessions. The technical chart shows some divergences on MACD and RSI. Keep an eye on NSPR and be prepared for this upcoming move.

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Roku (NASDAQ: ROKU) has traded in impressive fashion over the last several trading sessions. For now, buying dips are working well. Traders with short-term perspective can hold the stock as long as it trades above its uptrending 9-day exponential moving average.

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: APHA, ARWR, IMUX, NBEV, NSPR, OTLK, ROKU, WKHS

19:55 | Permalink |

12 Trade Ideas For The Coming Week

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The strong move in Outlook Therapeutics Inc (NASDAQ: OTLK) shares was something that I mentioned on blog and several times on twitter even at a time when everyone had lost hope. A huge congratulations to all those who profited from my alert. It ended the session on Friday at $.2.10, gaining more than 75% for the week. I took profits and will keep it on my watchlist for a possible re-entry.

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Globus Maritime Ltd (NASDAQ: GLBS) jumped 8.91% Friday finishing the session near the highs of the day on high volume, suggesting buyers are stepping in. Key daily indicators on daily charts suggest continuation of positive bias and the stock price is likely to show further up side. If the stock breaks Friday's high, the momentum could move stock to the $4.3 area. NOTE: Firment Shipping Inc Reported 35.6% Stake In Globus Maritime Ltd. THAT'S A HUGE STAKE. Can GLBS repeat 200% rally in 3 days? Volume was strong let’s see if this rally has legs for another huge move.

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vTv Therapeutics Inc (NASDAQ: VTVT) has a chart set to breakout. The real fireworks should begin on the break of $1.67. Keep on watch list. Increased my position on Friday.

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I think Immunic Inc (NASDAQ: IMUX) has bottomed and is looking to make a move back over its EMA50 at $13.35 very soon. A nice bid was present at the end of the session and Friday’s momentum should carry through into next week. The recent positive news leads me to believe that at some point soon this stock will take off again. Still long, u know im a patient investor. NOTE: BioEquity Europe 2019 - Daniel Vitt, Ph.D., Chief Executive Officer and President of Immunic, will present a company overview at 5:15 pm CEST on May 20 at the 20th Annual BioEquity Europe conference, being held at the Crowne Plaza Barcelona Fira Center Hotel in Barcelona, Spain.

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Plug Power Inc (NASDAQ: PLUG) potential breakout trade above 2.6 resistance area.

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Sesen Bio Inc (NASDAQ: SESN) has seen steady accumulation and a nice price increase the last few trading sessions. Add this stock also to your watchlist.

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Still watching shares of Beyond Meat Inc (NASDAQ: BYND) due to the recent price action, volume, and momentum. As long as the stock holds above major support at 85.45 (previous resistance) the short-term uptrend is likely to resume.

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Keep a close eye on Amarin Corporation plc (NASDAQ: AMRN) next week. If it can break out above $18.28 on volume, I think the stock could shoot up to test $20 area. The daily MACD indicator is showing signs of reversal and the high volume is usually an indicative of demand in the background. There looks to be good upside potential, so watch it very closely.

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A large ascending triangle has been forming on the daily chart of VirnetX Holding Corporation (NYSEAMERICAN: VHC) over the past two months. The trend is clearly higher, but the daily MACD is displaying a bearish divergence to price and volume is dropping off. The current pattern has the potential for a large move (ascending triangle is usually considered as a bullish pattern). Let it play out either to the upside or downside, and look for an increase in volume for confirmation. On the other hand, news could also define next trend direction.

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I keep watching Ford Motor Company (NYSE: F) waiting for this stock to break out of its Bullish consolidation. Go long on a close above 10.5

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Jaguar Health Inc (NASDAQ: JAGX) This penny stock had a strong day on Friday and broke through its downtrend line on volume expansion. Watch for trend continuation toward 0.238 zone short-term.

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Arlo Technologies Inc (NYSE: ARLO) is currently testing its declining EMA50 around the 4.36 level. An upside breakout above this level could be the start of a new uptrend for this stock. Im accumulating at current levels.

Note: I will take few days off from May 23th to 26th and back to office on May 27th (Monday)

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, ARLO, BYND, F, GLBS, IMUX, JAGX, OTLK, PLUG, SESN, VHC, VTVT

18:02 | Permalink |

Several charts to watch this coming week - Happy Easter Everyone !!

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Are you seeing what im seeing? Dropcar Inc (NASDAQ: DCAR) sees accumulation and signs of major breakout opportunity. The stock has been showing higher lows on the hourly chart and the accumulation indicator is clearly showing that money has been moving into the stock.Plus, MACD has a bullish crossover. Technically speaking, it has several favorable indicators and chart patterns suggesting an increase in shares could be on the horizon in the near-term. Traders could look for a move above $2.2 as a signal that the stock could take off and surge to higher levels targeting the $2.8-3 area. I entered long last week.

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YY Inc (NASDAQ: YY) Stalking. Consolidation at highs continues, 88.78 resistance higher. As long as the stock holds above the rising EMA20 support level the intermediate-term picture should remain positive.

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Renren (NYSE: RENN) Nice jump out of the bull flag on Friday. Technicals look good. Watch for a good follow through day next week.

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Riot Blockchain Inc (NASDAQ: RIOT) had another very productive day as we saw gains of over 10%. Watch for a break of 5.42 to continue the uptrend. The medium-term trend is bullish as the stock is above 20/50/200-day exp moving averages with all moving averages going up. You should watch this stock closely on Monday.

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AMD (NASDAQ: AMD) It will be very interesting to see how this chart resolves next week. This stock has been basing in a very tight consolidation pattern and has been doing it on low volume, a buy now may be a bit early as a lot of resistance but a breakout would potentially move to the 30 level. Watch the break of the pattern and play accordingly.

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Daxor Corporation (NYSEAMERICAN: DXR) The chart indicates that stock seems to be stabilizing and has formed a falling wedge pattern, which is bullish. The volume has been quite modest for this name, and looking at the extreme oversold readings of the RSI could power a rally that I think is coming. The stock will now be facing some resistance around $10. A close above this area will be very bullish and send the stock to next resistance area at $13

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Deere & Company (NYSE: DE) Nice breakout on expanding volume last week. The uptrend is intact and signals further bullishness on this stock. I think it is a buy on any dip with a stop loss placed under the breakout point.

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Blackberry (NYSE: BB) has been pulling back in recent times and is currently trading sideways while MACD Hist is displaying an interesting positive divergence. I still think this is a nice LONG setup. The stock continues to play with its rising 50-day exponential moving average line. From the other hand, and fundamentally speaking this company continues to advance new technologies and is set to become a major force in autonomous driving, dont doubt about that. For me, John Chen is one of the most smart businessman that i know. Im long and strong on Blackberry since a long time.

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Zynga (NASDAQ: ZNGA) bounced strongly Thursday on heavy volume putting bulls back in the game. The stock is building a nice Bullish pattern under resistance at $5.55. Watch for a break through that price level to indicate that another push higher will occur.

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J. C. Penney (NYSE: JCP) is still holding up well here and the stock has a chance to move higher. Looking at the positive divergence on MACD Hist stock may break this resistance line soon. Definitely on watch.

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Boxlight Corp (NASDAQ: BOXL) has been is on a remarkable run and it does not looks like the trend will change soon. On Thursday, the stock broke out above a key resistance area making a four month high on volume above average. The high of the day was $4.45, which is resistance for the continuation move.

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OUTLOOK THERAPEUTICS, INC. (NASDAQ: OTLK) Need to see further upside confirmation tomorrow before adding to current position. The stock completely changed my point of view closing the week well positioned to start a bounce. Chart is displaying a buy divergence on the upside. So, next week keep an eye on OTLK for a possible breakout over $1.69 on a close basis.

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, BB, BOXL, DCAR, DE, DXR, JCP, OTLK, RENN, RIOT, YY, ZNGA

22:13 | Permalink |

AC Investor Blog

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

Sunday, June 16, 2019

Chart setups on my watchlist for next week

Monday, May 27, 2019

Tuesday Stocks To Watch

Saturday, May 18, 2019

12 Trade Ideas For The Coming Week

Friday, April 19, 2019

Several charts to watch this coming week - Happy Easter Everyone !!

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