AC Investor Blog

Stocks to Watch for November 25, 2015

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Clovis Oncology Inc (NASDAQ:CLVS) seems to have bottomed out and is ready for a decent bounce to 32-35 levels where it faces some resistance. We'll have to watch the stock around those levels. If you are long, initial stoploss should be placed at 25. Let's keep an eye on CLVS as i think momentum will pick up.

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Nice day for Acacia Research Corp (NASDAQ:ACTG) today. I alerted this one on Twitter as a possible bounce play and the stock did what it was supposed to do, closing up 22 cents or 4% on the day trading more than 690K shares. The stock hit a high of $5.51, which is resistance for Wednsday’s move. ACTG showed strength throughout the day and should continue this upside move. If the stock can break through 5.58, I expect to see a strong upside move to $6.5 and better. On Watch.

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Straight Path Communications Inc (NYSEMKT:STRP) is showing signs of bottoming out on the charts along with the MACD giving positive signals. The stock has just broke a potential falling wedge pattern which is usually bullish. A move past 10.44 could see a bounce till 12.50

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BlackBerry Ltd (NASDAQ:BBRY) I think the most important level to watch at this point is the 200-day EMA now at $8.25. If this zone is surpassed, getting to $10 would be a possibility. From a technical standpoint the daily chart shows the stock is now back to new rally as %K line is back above %D line while the MACD is moving up showing positive momentum. The high short interest could cause shares to experience a rapid rally if it breaks the 200EMA. Long setup on watch.

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Sunedison Inc (NYSE:SUNE) Strong bounce on heavy volume. The stock opened today`s session at $3.40 and intra-day was ranging at 3.14-4.25 ending the session with a strong gain of 37%. This could be the start of a nice rebound. The current rally should at least push the stock to 5.17 per share where the next resistance is. Stay tuned.

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Prima BioMed Ltd (NASDAQ:PBMD) was a big winner today as the stock ended up $1.23 on the day. I will be watching the stock on Wednesday for a continuation move through Tuesday’s highs of $1.27. Although this trend is encouraging the near-term outlook stays cautious till the stock closes conclusively above 1.35 on heavy 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: ACTG, BBRY, CLVS, PBMD, STRP, SUNE

22:30 | Permalink |

Stocks to Watch for September 28, 2015

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The daily technical chart set-up for Prima Biomed Ltd. (NASDAQ:PBMD) appears to be near perfect to deliver gains next week. The stock closed up 16.83% Friday accompanied by strong volume and momentum, outperforming the entire sector. It has finally broken above downtrend line, closing at $1.39. Momentum is positive and RSI is in buy zone area. The stock's next major resistance would be its August highs at 1.80. Additionally, the company announced on Friday (Form 6-K) that Marc Voigt, CEO, will present an overview of the company at the LEERINK Partners 4th Annual Rare Disease Roundtable. This one-day event will be held at Le Parker Meridien in New York City on Wednesday, September 30, 2015. This could be a huge catalyst for next week. If momentum continues on Monday, we could have a nice winner on our hands.

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Vital Therapies Inc (NASDAQ:VTL) After setting a new week-high, the stock has encountered resistance around $5, a level which it should be able to beat given the cuurent strong upward trend. Keep your eyes on this one, it has a nice gap to fill.

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NVIDIA Corporation (NASDAQ:NVDA) Bullish rally stalled by resistance and market weakness. It needs to close above 23.85 to resume uptrend. Go long on the break of Friday’s high at 24.07. From a technical standpoint, indicators are bullish but giving mixed signals, which is usually during sideways consolidations.

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Juno Therapeutics Inc (NASDAQ:JUNO) stock found resistance at previous highs that was identified in my last post. Although it has fallen off sharply from this area, i think it is highly unlikely that the medium-term bullish move is over. Daily technical indicators are in neutral zones. MACD is moving sideways with a slight upward bias and RSI has crossed below its 50% level. I like the potential of this company.

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Alibaba Group Holding Ltd (NYSE:BABA) Looks like the stock may have put in a bottom, however it needs a close above the $61 level to signal the beginning of an upward trend. Positive MACD divergence is also visible. Stop $57.92.

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Semtech Corporation (NASDAQ:SMTC) The price action on Friday created a potential/temporary bottom in my opinion, because a candlestick reversal pattern called the "hammer" was formed on high volume. A rise above the 15.50 level should confirm the reversal which may push it back slightly above 16.22 level. On watch. Stop Friday's low.

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: BABA, JUNO, NVDA, PBMD, STMC, VTL

21:41 | Permalink |

Stocks to keep an eye on August 17, 2015

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3D Systems Corporation (NYSE:DDD) has been in a two-week bullish flag formation off its sharp rebound rally in the first days of August. A break of the flag pattern to the upside targets a move to the 15.5 to 16 area. The climbing MACD is supporting a bullis trend. From the insider transactions, the Director of the company is very bullish as he purchsed total of 25000 shares in the past week between $13.93 and $14.20 per share. In addition the short interest has decreased by 5% recently. The huge short interest could fuel some big spikes higher soon, so watch for a potential breakout attempt.

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Vringo, Inc. (NASDAQ:VRNG) after a big surge in price and volume in the second half of July, has consolidated for the last two weeks in a bullish flag formation. If a breakout above that key resistance level occurs in the next couple days, we could see the stock next reach the 90-95c area.

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OHR Pharmaceutical Inc (NASDAQ:OHRP) According to the 13-F filed by the billionaire financier George Soros on Friday, he initiated a new position in the company (12100 shares). Although the amount of shares added was relatively small, we dont know if he has been buying more in the recent days, so we should be prepared for a big move on Monday. Historically, the stock has made strong moves upwards on news, past performance is not always a guarantee of future performance, but we could learn from how the stock has reacted in the past. The month of July and the reaction in after-hours was a good example. Hence, I believe the stock has strong potential to experience extreme appreciation in the near-term. Major resistance lies at 4.34

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AK Steel Holding Corporation (NYSE:AKS) I will be watching the stock again next week for a continuation move through Friday’s highs of $3.24. The CMF indicator on chart shows the strength of conviction behind this Bullish trend. Lets keep an eye on it.

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Shares of PrimaBiomed Ltd. (NASDAQ:PBMD) soared 44% or 44 cents to $1.44 per share on Friday's trading session breaking out the downtrend line that has formed since June on heavy volume. The uptrend is strong based upon the MACD reading and the ADX line. The key resistance level to watch next week is at 1.80 above this level could test 2.40 next.

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FibroGen Inc (NASDAQ:FGEN) Nice breakout on high volume. There is a good chance the stock will continue to move up.

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: AKS, DDD, FGEN, OHRP, PBMD, VRNG

20:09 | Permalink |

Stocks to keep an eye on July 16, 2015

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OHR Pharmaceutical Inc (NASDAQ:OHRP) strong enough to say and the "Bulls" are back. The stock finished the day up 26.61% on huge volume of over 18 million of shares exchanging hands on the day. Great volume and a 26.6% gain on the day makes the stock a clear and easy winner. Looking at the daily technical chart above I’m extremely confident that the gains will continue and the 200-day EMA is the next target. The stock appears to be under strong accumulation. The MACD momentum has turned positive and A/D is on a strong uptrend which when combined with the strengthening MACD could spell a strong move for the stock. Stay tuned.

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ITT Educational Services, Inc. (NYSE:ESI) traded nicely today and I am looking for continuation of the upward direction tomorrow. This stock is a short squeeze candidate, with a short float at 65% equivalent to 9 days of average volume. From a technical standpoint, the daily technical chart shows that the stock is in a rally as %K line is rising on top of %D line as the price is back above the short-term EMAs. The MACD is turning up. The RSI is also rising along with the rise in volumes, which indicates buying interest in the stock. In addition, the stock seems to have broken out on the upside from a falling wedge pattern and probably might target its 100-day EMA in short-term around $5.25 or so. Can get interesting. Keep close eye on this one for a major rally to the upside.

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SanDisk Corporation (NASDAQ:SNDK) The technical indicator MACD is starting to look like it may cross very soon, which indicates momentum is shifting towards the upside. Keep this on your watchlist. Im long.

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I have been watching Career Education Corp. (NASDAQ:CECO) over the past few days, waiting for a possible upside move. The stock seems to have found a strong support at present levels. The technical indicators are improving significantly. The slow stochastic has moved above the 29% level and MACD signal line crossed over to the upside. CECO could have good upside potential, so watch the stock closely.

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Prima Biomed Ltd. (NASDAQ:PBMD) looks about ready to pop here! The price needs to break today's high of $1.64 to expect a strong rally at this point.

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BlackBerry Ltd (NASDAQ:BBRY) As you know, I like this stock for a long-term hold. It's part of my portfolio and I intend to stay with it. Calling the bottom is always difficult, but based on the daily technical chart above we might have seen the bottom. It's noteworthy that the MACD has finally crossed over and %K line has just crossed on top over %D line showing buy signal. Resistance stays at $8, which is a big area that the stock needs to break. Watch BBRY again on Thursday, and once it breaks resistance we should see a strong upside move. You should keep this stock on your screen radar.

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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: BBRY, CECO, ESI, OHRP, PBMD, SNDK

22:45 | Permalink |

Stocks to keep an eye on June 19, 2015

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InnerWorkings, Inc. (NASDAQ:INWK) Nice price movement on high volume today. The stock over the last 3 months has been consolidating its recent big run-up. At this point, the daily technical chart shows a stock that is right on the cusp of a big breakout. A move above 6.99 would confirm the breakout and could lead to 7.75 initially and then 8.16, my secondary target. The MACD is moving up showing positive momentum while RSI is also increasing and is now above the 50% level. Im long.

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Sonus Networks, Inc. (NASDAQ:SONS) is showing signs of bottoming out on the charts along with the MACD giving positive signals. As you can see from its chart, the stock has finally closed above its major resistance, which suggests that we're literally seeing that the trend is changing. Investors with a short/medium-term horizon can hold the stock with stop-loss at 7.72 and for the long-term with deeper stop at 7.5 levels. Significant jump above 8.55 can take the stock northwards to 8.9 or even to 9.60. I'll maintain long exposure so long as that stock stays above 7.72.

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Stamps com Inc (NASDAQ:STMP) bounced nicely off the 20-day EMA this week. The price should test the recent highs soon and possible new highs in the weeks ahead. On watch.

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Shares of Prima Biomed Ltd. (NASDAQ:PBMD) are clearly under accumulation at current levels as traders become familiar with this company's potential. Any close above the $2 mark should be seen as a serious threat for the stock to test the 2.40 area. Until that happens traders will want to be on high-alert to the possibility of a bullish reversal. Keep PBMD on your screen for Friday’s trading session.

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Las Vegas Sands Corp. (NYSE:LVS) regained the 100-day exp moving average for the first time in over two weeks and MACD just crossed above the zero line, giving the bulls the signal they wanted. The stock has momentum back on its side.

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: INKW, LVS, PBMD, SONS, STMP

22:35 | Permalink |

Stocks to keep an eye on June 09, 2015

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) had a very nice session today, breaking out above the $10 level on decent volume. As long as it can hold this support area, it looks good. On the daily time-frame the MACD-histogram has been sloping up and the 100-day SMA has just ticked up to give a buy signal on the Impulse System. From here, we can expect a run to the $11.17 area and from there we could see an upsurge to $12 and better. Look to buy the stock on dips with a stop around 9.

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TASER International, Inc. (NASDAQ:TASR) broke through resistance and out of a bullish flag formation. Watch for continuation. Long on the break of Monday’s high at 33.17

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IXYS Corporation (NASDAQ:IXYS) Broke out to new highs today on High volume. I think we will see some nice follow through tomorrow.

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Prima Biomed Ltd. (NASDAQ:PBMD) held up well in the weak market. I believe the stock is basing here for a move higher. I expect to see a good upside move once the stock breaks through resistance now at $2.39

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Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) Setting up a possible resistance breakout trade. Long on the break of Monday’s high at 8.13

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: IXYS, LXRX, PBMD, TASR, ZIOP

22:39 | Permalink |

AC Investor Blog

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

Tuesday, November 24, 2015

Stocks to Watch for November 25, 2015

Saturday, September 26, 2015

Stocks to Watch for September 28, 2015

Saturday, August 15, 2015

Stocks to keep an eye on August 17, 2015

Wednesday, July 15, 2015

Stocks to keep an eye on July 16, 2015

Thursday, June 18, 2015

Stocks to keep an eye on June 19, 2015

Monday, June 08, 2015

Stocks to keep an eye on June 09, 2015

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