AC Investor Blog

Potential bounce next week ? Some great setups to watch

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Apple Inc. (NASDAQ:AAPL) printed an impressive bullish reversal candle on the daily chart yesterday after a decent rally into the close, but bulls failed to close above the 200-day EMA. If the stock can break Friday's high, I think we will rally back to the $165 level.

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BlackBerry Ltd (NYSE:BB) bounced sharply up again from its major support zone (uptrend line) on the daily time frame. The support zone mentioned above has shown that there was a buying pressure, which has pushed the price higher and once again the stock closed above the rising 100-day EMA. The recent history of this stock suggests that investors can reasonably look for a rally to new highs if the price regains the 100-day EMA and holds above it (yellow arrows). Plus, momentum indicators are curling up and the RSI will likely cross higher over the next few days. Will watch the stock closely next week.

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Alphabet Inc (NASDAQ:GOOG) also bounced strongly from its key support line around 990 Friday on volume, recouping some of the deep losses of the previous day. This zone of support has held price higher in the past, so we may see history repeat itself here. If it holds support at or above 1000 then initial upside objective is 1078, followed by 1115 next pivot zone.

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Riot Blockchain Inc (NASDAQ:RIOT) Coiling up here under its 20-day EMA. Looking for movements above 16.41.

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OvaScience Inc (NASDAQ:OVAS) looks bottomed on hourly/daily and poised for a big bounce. This stock has a history of big moves and is just now reversing off 91c all-time lows. Short-term momentum oscillators have rolled bullish with MACD giving a buy crossover. So,we can expect a bounce towards 1.35/1.52

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Congrats to those that took full advantage of my alert on Inpixon (NASDAQ:INPX) on Thursday afternoon at $3. There was nearly 70% potential gains delivered on the back of 7.2M shares traded. Real Goods Solar, Inc. (NASDAQ:RGSE) is also a small float stock that i like for big bounces. Looking at the chart above, the stock seems to have broken out of the falling wedge pattern with good volume, usually a very signal. The story of another big bounce is picking up steam and getting more attention again. Definitely on watch next week.

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Clean Diesel Technologies, Inc. (NASDAQ:CDTI) has a very interesting daily technical chart and could have a bigger move very soon. The break of the immediate resistance of 1.36 with heavy volume should be the next buy point. If it clears resistance the move may be powerful. Im long.

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Advanced Micro Devices, Inc. (NASDAQ:AMD) was also added to my watchlist as a possible bottom bounce-play. The hourly technical chart is displaying positive divergences on momentum indicators and with the stock in oversold territory, these are the perfect conditions for a short-term rally. On watch.

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Intel Corporation (NASDAQ:INTC) reversed the declines on Friday and closed back above the 20-hourly exponential moving average and momentum is increasing. Short-term bottom seems to have been confirmed as we had strong volume that spiked on the reversal. If it breaks this descending channel next week, it could resume the uptrend.

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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, AMD, BB, CDTI, GOOG, INPX, INTC, OVAS, RGSE, RIOT

15:59 | Permalink |

My Watchlist for Tuesday, March 14

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Vical Incorporated (NASDAQ:VICL) displayed some impressive relative strength today with a 7.46% gain. The stock broke and closed above resistance at $2.35 and should continue to move. On the technical side, MACD and RSI all point to upward trend while the accumulation/distribution line is rising sharply (stock under strong accumulation). Keep watching the stock this week. The $3 area is the next major resistance.

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Dimension Therapeutics Inc (NASDAQ:DMTX) Bullish breakout of a bottoming pattern confirmed on expanding volume. I think we will see some nice follow through tomorrow.

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Shares of OvaScience Inc (NASDAQ:OVAS) closed above its 20-day exp moving average for the first time in nearly 6 months. The stock is seeing some significant volumes lately, which could be a signal of short-covering or accumulation. On the daily time-frame, the MACD still rising and the 9-day EMA has just ticked up to give a buy signal on the Impulse System. Today's breakout gives OVAS stock a high probability for trend continuation towards the 1.8-1.85 area short-term.

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Aptose Biosciences Inc (NASDAQ:APTO) jumped 9% today finishing the session near the highs of the day on high volume, suggesting buyers are stepping in. The move puts APTO in high probability of a breakout above key resistance in the 1.31 area where it closed. If the stock breaks today's high, the momentum could move stock to the 1.73 area.

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Catalyst Biosciences Inc (NASDAQ:CBIO) Thin name but showing signs of reversal (key indicators with positive divergences). The stock has spent the last sessions forming a large basing and appears ready to break out to the upside. Watching over $6.83 for push up toward $8

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Protalix Biotherapeutics Inc (NYSEMKT:PLX) Breakout watch over 1.48

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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: APTO, CBIO, DMTX, OVAS, PLX, VRX

21:25 | Permalink |

My Watchlist for Monday, February 27

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ImmunoGen, Inc. (NASDAQ:IMGN) which has been in a sideways trading range between 2.30 and 2.60 since early this year, jumped 10 cents, or 3.83% Friday to close at 3.72 on volume above average. That's just slightly above the key resistance and a multi-month high, thus confirming its trend reversal. I expect a continuation of Friday's momentum and a move toward the August 2016 highs in the 3.10-3.25 range. Lastly, momentum indicators and the accumulation line are confirming the breakout.

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Sarepta Therapeutics Inc (NASDAQ:SRPT) had a big pop on Friday and finally broke out of its long-term downtrend line. With a short interest so high, we could see a huge short squeeze here. Daily technical indicators are looking Bullish with the RSI indicator rising while the MACD is cutting above its signal line. Keep it on your watch list going forward.

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OvaScience Inc (NASDAQ:OVAS) I still think this stock looks set to break higher. The -DI line continues to move lower and is placed below the 30 level indicating that sellers are losing momentum while RSI and MACD are rising. Divergences between the stock and momentum indicators should be monitored closely as a trend reversal could be ahead. That is the reason I still holding this stock. Plus, they have a lot of cash. As of September 30, 2016, the company had cash, cash equivalents, and short-term investments of $131.0 million or $3.78 per share.

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Still on my top list. You need to watch ParkerVision, Inc. (NASDAQ:PRKR) stock closely. Director acquired 80,510 shares Friday at 2.11. The stock needs to break and close above its EMA50 to go higher.

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Universal Display Corporation (NASDAQ:OLED) Broke out into all time highs on massive volume. Watching action closely up here. Buyable on a pullback to the pivot.

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Clearside Biomedical Inc (NASDAQ:CLSD made a strong reversal candle yesterday. If the stock can break Friday's high, I think we will rally back to the $9 level.

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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: CLSD, IMGN, OLED, OVAS, PRKR, SRPT

20:06 | Permalink |

My Watchlist for Wednesday, February 01

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Juno Therapeutics Inc (NASDAQ:JUNO) broke through that critical 20.8 level today on solid volume. There is a high probability for a trend continuation in the next sessions, as the stock could test the next key resistance level in the 23 area.

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FireEye Inc (NASDAQ:FEYE) broke and closed above its declining EMA100 accompanied by high volume, so keep an eye on it to see if tomorrow will confirm the breakout. Indicators are looking bullish.

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OvaScience Inc (NASDAQ:OVAS) made a nice upside reversal in a weak market today after Blackrock has reported a stake of more than 5 percent in the company. Let’s see whether the stock can gather enough momentum to break through $1.60 (today's high). Clear break above this key area could trigger further bullish recovery testing 1.81. Immediate support at 1.54 followed by 1.51. I still holding a strong position at current levels.

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Eleven Biotherapeutics Inc (NASDAQ:EBIO) Coiling up here. Long and will add on break of its EMA50. CMF indicator remains positive, which is a good sign.

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The share price of Superconductor Technologies, Inc. (NASDAQ:SCON) is showing signs of a potential reversal. Clear break above 1.19 (EMA20) could trigger further bullish recovery testing 1.43 (EMA50).

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Twitter Inc (NYSE:TWTR) jumped 68c or 4%, Tuesday to close at 17.62, just slightly below its key resistance at 17.78. A break above this level could result in an acceleration to the upside. Short-term Momentum indicators also point to continuation of positive bias. Keep on watch.

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Allied Healthcare Products Inc (NASDAQ:AHPI) on my swing long list. The stock showed buying strength today. The 2.3-2.4 area is a critical resistance region that can determine overall bias for the stock in short-term.

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Conatus Pharmaceuticals Inc (NASDAQ:CNAT) had a great move on the upside today and closed above the 200EMA on hourly chart. The chart above suggests that stock might find now resistance at $4.37. Only a break above this level would suggest further upside, targeting the 4.70 area.

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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: AHPI, CNAT, EBIO, FEYE, JUNO, OVAS, SCON, TWTR

22:45 | Permalink |

My Watchlist for Wednesday, January 25

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GoPro Inc (NASDAQ:GPRO) Strong volume breakout of a bottom consolidation pattern. Look for the $11 level as next target. To add on any Dip.

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I have been following OvaScience Inc (NASDAQ:OVAS) for a few days now and surprisingly the stock showed some strength today on volume. A break of $1.67 with force might give room to $2.40. From the technical daily chart both MACD and RSI are showing bullish buy signals. Keep an eye on her.

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Notice that Uranium Resources, Inc. (NASDAQ:URRE) is beginning to make another move higher and looks like it is gonna squeeze some shorts here. Volume starts to pick up. Nearest resistance for the stock is at $2.70. If this level is crossed and the stock price is able to sustain above this level, then it might go to $3.80/4. I also note that Tuesday's candle closed back above the 200EMA and that is something to take in consideration as a strong bullish signal.

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Globalstar, Inc.(NYSEMKT:GSAT) broke out today of a falling wedge formation and closed near the highs of the day on strong volume. I went long at 1.47 with a stop below recent low 1.35. The technical daily chart shows positive sign as the stock price is now trading above all short-trerm EMAs with RSI rising.

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Proteon Therapeutics Inc (NASDAQ:PRTO) watch this long base, a volatility squeeze seems eminent. Technicals are showing positive divergences supported by rising MACD and RSI on the daily charts.

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Heat Biologics Inc (NASDAQ:HTBX) the bounce is gaining momentum again for a run up to $1.40. From a technical standpoint, the Relative Strength Index is now rising and is approaching the mid-level, while MACD made a bullish crossover.

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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: GPRO, GSAT, HTBX, OVAS, PRTO, URRE

22:08 | Permalink |

My Watchlist for Thursday, January 19

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There is a potential breakout scenario developing on the daily chart of Pandora Media Inc (NYSE:P). If it breaks $13.08 the stock will absolutely fly into the 14's right away.

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Sunshine Heart Inc (NASDAQ:SSH) is currently attacking the upper line of the falling wedge pattern and could be ready to breakout after strong volume today. A successful cross of the resistance line the stock can rally up to the next major resistance level which is at 10.4 levels. SSH has a lot of potential to be a big percentage mover. Watch the stock closely on Thursday. Tiny float.

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OvaScience Inc (NASDAQ:OVAS) has had a hard time with this resistance line (EMA9) but may be ready to move higher. The level which the stock may have trouble moving above is currently at 1.68. It would need to break above that level to run to $1.92 initially. Accumulation line is starting to point up. The Relative Strength Index is also moving higher, which is a sign of growing strength in the stock. Also the MACD is giving a positive indication. OVAS will move quickly, so keep it on your screen on Thursday.

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Juno Therapeutics Inc (NASDAQ:JUNO) Potential breakout play. Watching over 20.79 with resistance at 23.

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Dynavax Technologies Corporation (NASDAQ:DVAX) can potentially set-up very well for a swing-trade if it breaks through the resistance level at $4.45. There could be good upside in this trade, so watch the stock closely tomorrow.

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: DVAX, JUNO, OVAS, P, SSH

22:29 | Permalink |

Possible breakout plays to watch next week

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Im watching SCYNEXIS Inc (NASDAQ:SCYX) for a possible breakout from current consolidation. Long if it breaks consolidation over 3.72. A move above its 200-day EMA could lead to another wave toward 4.20 zone. SCYX will move very quickly, so keep a very close eye on the stock.

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Galectin Therapeutics Inc (NASDAQ:GALT) potential breakout trade above 1.18 resistance area (ascending triangle formation).

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Apple Inc. (NASDAQ:AAPL) Possible bullish consolidation pattern. Could accelerate if it breaks 120 resistance.

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OvaScience Inc (NASDAQ:OVAS) possible trend reversal trade if it breaks 1.65 resistance area. Could move toward 1.85 area if it breaks the EMA50 (Hourly). Volume surged in the last hour of trading on Friday, which is a strong indication of a potential breakout ahead.

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GenVec Inc (NASDAQ:GNVC) broke the falling wedge last week on the hourly chart and more bulls should join the party on a breakout above the immediate resistance line at 6.49. The short-term momentum indicators are starting to turn back higher.

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Honeywell International Inc. (NYSE:HON) shows an ascending triangle pattern formation on daily. Traders should watch for a breakout of the upper line. Breakout and sustaining above 118.71 will extend the uptrend.

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Cummins Inc. (NYSE:CMI) watch for a possible breakout out of current consolidation. Breakout watch over 141.08

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MagneGas Corporation (NASDAQ:MNGA) had good volume and a nice candlestick on Friday, closing slightly above the key 0.525 resistance level. MNGA could be at the beginning stages of a major uptick.

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: AAPL, CMI, GALT, GNVC, HON, MNGA, OVAS, SCYX

20:13 | Permalink |

My Watchlist for Wednesday, January 04

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Mattel, Inc. (NASDAQ:MAT) price broke the downtrend line formed from the Nov highs of 32.43. RSI is oversold and MACD is starting to turn. I will wait for confirmation tomorrow.

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Himax Technologies, Inc. (NASDAQ:HIMX) On the daily time-frame the MACD Histogram has been sloping up and the RSI is rising, indicating bullishness. Watching over 6.36 for a trade.

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OvaScience Inc (NASDAQ:OVAS) was mentioned last week and it looks like it is starting to turn. Long swing trade idea. Watching for $1.72 breakout.

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Concordia International Corp (NASDAQ:CXRX) closed the day just above its EMA20 on heavy volume after some decent swings. The stock may attempt to go higher from here.

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Adamis Pharmaceuticals Corp (NASDAQ:ADMP) Building a base/bottoming the past 7 months. Major resistance lies at $3.35. I expect to see a strong upside move if the stock can break through this resistance level.

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xG Technology Inc (NASDAQ:XGTI) price has recovered nicely and can potentially set-up very well for a swing-trade if the stock breaks through the key resistance level at $1.73 (Gap area). There could be good upside in this trade, so watch XGTI closely on Wednesday. Stop 1.25

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Nivalis Therapeutics Inc (NASDAQ:NVLS) Still liking and holding. Good risk/reward set-up at current levels IMHO. The Money Flow Index is rising, signaling accumulation of stock is occurring.

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: ADMP, HIMX, MAT, NVLS, OVAS, XGTI

22:19 | Permalink |

AC Investor Blog

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

Saturday, February 10, 2018

Potential bounce next week ? Some great setups to watch

Monday, March 13, 2017

My Watchlist for Tuesday, March 14

Saturday, February 25, 2017

My Watchlist for Monday, February 27

Tuesday, January 31, 2017

My Watchlist for Wednesday, February 01

Tuesday, January 24, 2017

My Watchlist for Wednesday, January 25

Wednesday, January 18, 2017

My Watchlist for Thursday, January 19

Sunday, January 15, 2017

Possible breakout plays to watch next week

Tuesday, January 03, 2017

My Watchlist for Wednesday, January 04

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