AC Investor Blog

Just a few charts to share this weekend for the coming week

( click to enlarge )

Scworx Corp (NASDAQ: WORX) has been consolidating nicely since it rose from 1.9 to a high of almost 4.40 on volume accumulation. The stock could be ready for another rally. I think the $4 price point is worth watching from here. I think a break of it would send this stock at least another 50% higher or $6 PT ( this is the measured move target for stock). Technical indicators are turning bullish. Daily MACD has crossed above its signal line in negative zone and RSI is in neutral zone, but showing a bit of upward momentum. Add it to your watchlist.

( click to enlarge )

Obalon Therapeutics Inc (NASDAQ:OBLN) the daily chart is what has my interest. Such a dramatic fall will almost certainly at some point see a bounce. When it does bounce it should be a violent one and this stock has a history of huge bounces. Let's see what Monday brings.

( click to enlarge )

Pacific Ethanol Inc (NASDAQ: PEIX) appears to have bottomed. Recent news regarding the ethanol sector as well as some strong insider activity (CEO bought 100K shares last week) could be the impetus for a strong rally in these shares. Keep a close eye on the stock over the next few days for confirmation that a bottom was reached and a rally is underway. There is also a bullish divergence signal of a possible trend reversal, as the daily RSI and the MACD continue to print higher lows, suggesting that the stock may soon change direction.

( click to enlarge )

Zagg (NASDAQ:ZAGG) pulling back on low volume to support level. Based on the recent takeover rumors, this could be a good entry zone. Stock has been under strong accumulation.

( click to enlarge )

Fuwei Films (Holdings) Co Ltd (NASDAQ: FFHL) exploded higher on Friday with an impressive earnings report. I expect more gains early followed by some profit taking. Above you can see the 5m chart with support at 5.25 and resistance at 6.75. Trade this stock accordingly.

( click to enlarge )

Ibio Inc (NYSEAMERICAN:IBIO) continues to be one of my stocks to watch. Keep this one on your watch list. It is ready to post a sizeable gain from Friday's close.

( click to enlarge )

Silvercorp Metals Inc (NYSEAMERICAN:SVM) had a nice move Friday, as the stock set new 52-week highs. The stock hit a high of $4.01, which is resistance for the follow through move. Charts on all time frames are bullish.

( click to enlarge )

Diffusion Pharmaceuticals Inc (NASDAQ:DFFN) appears to be poised for a nice bounce off this bottom. From my point of view, the stock has formed a bottom in short-term and I expect a move past 2.39 to take the stock towards the target of 3.2 with stop-loss at 1.90

( click to enlarge )

Tesla Motors (NASDAQ:TSLA) needs to hold this key support level for some bullish action in the coming days/weeks. Definitely on watch next week.

( click to enlarge )

Fuel Tech Inc (NASDAQ: FTEK) has been in a major corrective phase in the recent months. The downtrend that commenced in late April appears to have been completed at the latest low of 81c. The MACD on the daily chart is starting to give a new buy signal and the share price could move to the short-term target of $1.17-$1.2. This view would be valid as long as the stock holds above 81c. Place a stop-loss at this level for long 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: DFFN, FFHL, FTEK, IBIO, OBLN, PEIX, SVM, TSLA, WORX, ZAGG

14:25 | Permalink |

Stocks to Watch for October 07, 2015

( click to enlarge )

GoPro Inc (NASDAQ:GPRO) The moment of truth is coming. The positive divergences on daily indicators suggest a move to the upside. At this stage, it is definitely a wait and see, if the $32 resistance level will be easily taken out by the bulls.

( click to enlarge )

Chesapeake Energy Corporation (NYSE:CHK) Watch this one as it approaches this key resistance area. All technical indicators are bullish. The MACD has crossed above its signal and reversed its falling trend. RSI is moving up while ADX is gaining momentum. Could squeeze over 9.08

( click to enlarge )

Juno Therapeutics Inc (NASDAQ:JUNO) Closed above the 100-day EMA and out of the triangle formation accompanied by a volume surge. Looks good for higher prices.

( click to enlarge )

AK Steel Holding Corporation (NYSE:AKS) Watching for breakout confirmation. The stock needs to break and hold 2.88 to confirm. A breakout could take AKS much higher as the chart shows little resistance. Momentum indicators are bullish with RSI inching away above the middle level and with MACD crossing above signal line. I'm really bullish on this stock.

( click to enlarge )

To me Pacific Ethanol Inc (NASDAQ:PEIX) still looks poised to break higher. A move above 7.31 would confirm the breakout, with an initial target of 7.95 and secondary target of 8.28. Stop is at 6.71

( click to enlarge )

XOMA Corp (NASDAQ:XOMA) is pulling back on low volume. Consider buying if it can find support here. Im long.

( click to enlarge )

VIVUS, Inc. (NASDAQ:VVUS) As you can see from the chart above, the short-term outlook is sideways, while the 20-day exponencial moving average still supports. The medium-term outlook is bullish and my model is long. If it breaks above 1.85, then it can easily climb to 2.1 or above.

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, CHK, GPRO, JUNO, PEIX, VVUS, XOMA

22:28 | Permalink |

Stocks to Watch for September 11, 2015

( click to enlarge )

VIVUS, Inc. (NASDAQ:VVUS) made a strong run in the last hour of the day, closing at highs of $1.55. The stock is now back above the 50 day exp moving average which is very bullish. From here we can expect a run to the $1.66 area and from there we could see an explosive upsurge to $1.89 (100EMA) and better. Let's keep an eye on her as i think momentum will pick up. Stop 1.34

( click to enlarge )

Pacific Ethanol Inc (NASDAQ:PEIX) was a bit weak today despite a positive stock market. The downtrend line was successfully tested as a support level. The momentum clearly favors the bulls. As long as the stock can remain over $6.80, I like the stock. Looking for a nice move from here with accumulation and relative strength. Here are few reasons why i started to accumulate this stock:

- Technically in a breakout mode.
- US Ethanol exports are showing signs of life again (Exports soared in July to 292M liters, up 30% YoY and 19% from June)
- PEG < 1 (undervalued stock)

- Huge Insider activity lately

- Institutions bought total of 2.3M shares or 14% last quarter
- Short interest is declining again
- Trading below book value - Good upside volume the last two sessions
- DMI/ADX Triggered a new Buy Signal for the first time in weeks
- Low float stock
- Medium average price target $17

( click to enlarge )

DavidsTea Inc (NASDAQ:DTEA) displayed some impressive relative strength with a 8% gain. It looks like the stock is starting to turn back up and indicators are giving the first bullish signs. Could squeeze over 14.50 with $16.53 (50EMA) as the next upside objective. Move DTEA to your watch list.

( click to enlarge )

Facebook Inc (NASDAQ:FB) Resistance Breakout. Go long on the break of Thursday’s high at 92.06. I expect to see a strong upside move if the stock can break through this resistance level. Watch the stock closely on Friday.

( click to enlarge )

Juno Therapeutics Inc (NASDAQ:JUNO) Broke out on solid volume placing this stock on the map for technical analysis breakout buyers and move to $45 in short-term is very likely.

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: DTEA, FB, JUNO, PEIX, VVUS

22:22 | Permalink |

Stocks to Watch for September 10, 2015

( click to enlarge )

Pacific Ethanol Inc (NASDAQ:PEIX) is in the beginning stages of a Breakout. The stock finally broke the downtrend line that had been in place since May, which could spark a momentous rally. Technical indicators are supporting the bulls. The MACD is rising and above the signal line and RSI is moving up. In addition, the CMF is also turning up which means there is more money flowing into the stock, all early positive signals. I think we will see some nice follow through tomorrow. This was a $13 stock less than 5 months ago.

( click to enlarge )

PS : U.S. ethanol exports rebounded strongly in July, according to RFA analysis of government data released last week, rising 28% from June to 77.2 million gallons, so keep PEIX on your watch list going forward.

( click to enlarge )

ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) is trading around the 200-day EMA and a close above this level could generate a significant upswing. Keep it on your watch list.

( click to enlarge )

JetBlue Airways Corporation (NASDAQ:JBLU) hit another 52-week high and looks to be giving another entry. Go long on the break of Wednesday’s high at 25.57

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: JBLU, PEIX, ZIOP

22:24 | Permalink |

Stocks to keep an eye on May 14, 2015

( click to enlarge )

Calithera Biosciences Inc (NASDAQ:CALA) has been consolidating in a bullish pennant pattern in the 13 area after its steep upmove from near 10 to over 14. Watch for a breakout above 13.50. Daily technical indicators have turned bullish.

( click to enlarge )

Twitter Inc (NYSE:TWTR) is on bottom watch. Based on the daily technical chart, this stock has declined to the point of becoming a good bottom play, at least a 10% bounce in my opinion. The recent volume and buying action, seems to support this view.

( click to enlarge )

J C Penney Company Inc (NYSE:JCP) Long set-up on watch. Lets see if it breaks over $8.98 this week. The MACD is currently positive and rising above its signal line. Plus A/D is increasing, indicating accumulation of shares in the market. Keep JCP on your radar going forward.

( click to enlarge )

Pacific Ethanol Inc (NASDAQ:PEIX) broke out today on strong volume and I'm looking for a continuation move on Thursday. Next major resistance lies around the $15 level.

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: CALA, JCP, PEIX, TWTR

22:40 | Permalink |

Stocks to keep an eye on April 10, 2015

( click to enlarge )

Cirrus Logic, Inc. (NASDAQ:CRUS) is still holding up well and the price has a chance to move higher. Keep this one on your watch list, it could be setting up to break out of this flag.

( click to enlarge )

VirnetX Holding Corporation (NYSEMKT:VHC) continues to trade within a large ascending channel with the lower and upper boundaries at 6.26 and 8.72 respectively. I still think this is a nice long setup. In the short-term there is a minor resistance around the $7 level. If it crosses that, we might see 8-8.30 in next week or so. The RSI continues to move up and the MACD indicator is also turning back up.

( click to enlarge )

AK Steel Holding Corporation (NYSE:AKS) looks poised for a break to the upside IMHO. The price has been holding a tight range. Long over 4.65 for a target of 5 with stop loss of 4.26. Daily technical indicators are looking bullish. The MACD is above its signal line and both are moving up in positive territory. RSI and slow stochastic are both near their bullish zones. Long setup.

( click to enlarge )

Lumber Liquidators Holdings Inc (NYSE:LL) is setting up nicely for a move higher. If it breaks the downtrend line with some good volume, we could see 37 quickly.

( click to enlarge )

Pacific Ethanol Inc (NASDAQ:PEIX) is building a nice Bullish pattern under the 200-day EMA (located now at 11.66). Watch for a break through that price level to indicate that another push higher will occur. In the medium-term, the technical daily chart still shows bullish sign as the stock is trading above both 20-day and 50-day EMAs with MACD rising in Bullish territory.

( click to enlarge )

Plug Power Inc (NASDAQ:PLUG) is in the process of bottoming and I expect a pop above $2.75 at some point in the coming sessions. From a technical standpoint, the MACD just crossed above signal and the RSI is showing some strength in this movement.

( click to enlarge )

Ibio Inc (NYSEMKT:IBIO) jumped up by 32% today and closed at $1.05 share on strong money flow. This will be a stock to watch going forward.

Benzinga Professional is my streaming platform. It is still available for you with a symbolic cost of just $ 1 for the first month. This is one of the best programs to use on a daily basis and that easily pays for itself. Just click on the image above and get started TODAY!.

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, CRUS, IBIO, LL, PEIX, PLUG, VHC

22:21 | Permalink |

Stocks to keep an eye on April 07, 2015

( click to enlarge )

A truly remarkable day for Chesapeake Energy Corporation (NYSE:CHK) shares. The stock surged 3.84 percent or 56c to $15.15 per share, spurring bullish options trading. I think that shares have room for a significant uptick beyond current levels. From a technical standpoint the price broke out of a bottom / accumulation pattern with all indicators pointing up. Next major resistance lies at 16.33

( click to enlarge )

Pacific Ethanol Inc (NASDAQ:PEIX) showed buying strength all day. The stock price is on the verge of breaking out and it could happen very soon. The volume dramatically increased as the stock ran to near its major resistance, showing me there are buyers watching closely the stock. Price has now crossed the 100-day EMA to the upside and the RSI is also moving up. Keep your eyes on PEIX this week.

( click to enlarge )

Barracuda Networks Inc (NYSE:CUDA) Daily chart looks Bullish. Keep an eye for a possible breakout over $40.71 on volume.

( click to enlarge )

Cenovus Energy Inc (TSE:CVE) looks pretty good on the daily with volume expanding as it moves higher. Good long setup, if it takes out the 17.8-17.9 zone on volume.

( click to enlarge )

Dril-Quip, Inc. (NYSE:DRQ) is basing just under the $70 level. Watch to buy on a break above this major resistance level.

( click to enlarge )

FMC Technologies, Inc. (NYSE:FTI) is another potential bottom play, that might bring some good scalping opportunities to the $41 level. Watching the 38.6 area.

( click to enlarge )

Twitter Inc (NYSE:TWTR) is still flagging near resistance. Only a move above 51.87 could trigger a sharp move higher.

It’s never too late to remind all of you that given the huge demand that Benzinga Professional is having, the promotion despite being limited in time, is still available for you with a symbolic cost of just $ 1 for the first month. This is one of the best programs to use on a daily basis and that easily pays for itself. Benzinga Professional is my streaming platform. Check out $1 Special Offer

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: CHK, CUDA, CVE, DRQ, FTI, PEIX, TWTR

22:38 | Permalink |

Stocks to keep an eye on March 16, 2015

( click to enlarge )

Whiting Petroleum Corp (NYSE:WLL) The stock surged on Friday more than 4% to $40 per share after Bloomberg reported that the company has attracted interest from Exxon Mobil Corp. and Continental Resources Inc. as it explores a sale of the entire company. From the technical chart we can see that currently the stock is in a large trading range between 40.23 and 32.50. I classify the $40 as key resistance area since it has caused significant turning points in the price and held on the last three tests. MACD and RSI both signal positive strength. Watch the stock closely on Monday.

( click to enlarge )

King Digital Entertainment PLC (NYSE:KING) is starting to regain its form. On Friday, I wrote on twitter "KING Continuing to hold above major EMAs, watch for more upside" and the stock made a nice reversal candlestick pattern. The stock has been basing for a while above its 200EMA and technically is due for a break out. We can see a strong support and buyers coming in around 14.50/60 area. At present levels the stock is undervalued. A sustained break of $15 should bring the stock to a test of the recent highs. There seems to be a lot of room to run higher here.

( click to enlarge )

Vringo, Inc. (NASDAQ:VRNG) The daily charts look like an inverted head and shoulders bottom, with a neckline currently located at 90c. The stock is trading above all short-term EMAs, while ADX continues to show a positive trend. The current momentum is to the upside.

( click to enlarge )

Amarin Corporation plc (NASDAQ:AMRN) Technical daily chart is in PARABOLIC mode combined with extreme overbought conditions. At this stage I will wait for a potential pullback to initiate a new position.

( click to enlarge )

Pacific Ethanol Inc (NASDAQ:PEIX) pulled back strongly last week but looks to have found a bottom around its 50EMA. The stock closed up 24 cents on Friday on decent volume. Let's keep an eye on it as i think momentum will pick up. First upside target $11. MACD continues to show a positive divergence.

( click to enlarge )

Pandora Media Inc (NYSE:P) finally broke out of the bottom base formation accompanied by strong volume amid rumors of a potential takeover bid. Friday’s high was $17.07, which is resistance for the follow through move on Monday. If the stock does break resistance, expect to see another strong upside move.

( click to enlarge )

ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) has been resilient in the recent carnage in the markets. The stock is in strong hands and a close greater than $14 will trigger more upsides. The 11.87 (20EMA) level is the stop loss from a short term perspective and stock can be accumulated in declines. Upsides resistance zones are 13.45, 14 and 14.27

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, KING, P, PEIX, VRNG, WLL, ZIOP

15:53 | Permalink |

AC Investor Blog

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

Saturday, August 24, 2019

Just a few charts to share this weekend for the coming week

Tuesday, October 06, 2015

Stocks to Watch for October 07, 2015

Thursday, September 10, 2015

Stocks to Watch for September 11, 2015

Wednesday, September 09, 2015

Stocks to Watch for September 10, 2015

Wednesday, May 13, 2015

Stocks to keep an eye on May 14, 2015

Thursday, April 09, 2015

Stocks to keep an eye on April 10, 2015

Monday, April 06, 2015

Stocks to keep an eye on April 07, 2015

Saturday, March 14, 2015

Stocks to keep an eye on March 16, 2015

About Me

FREE NEWSLETTER

Support AC

Follow me

Advertising

PREVIOUS POSTS

TRANSLATOR

Site Information

Stock Market Blogroll

Friends BLOGROLL

ARCHIVES