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 |

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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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

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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.

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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

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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.

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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

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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.

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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.

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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

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

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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

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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

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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

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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.

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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.

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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

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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.

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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.

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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.

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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

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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.

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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.

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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.

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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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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: AKS, CRUS, IBIO, LL, PEIX, PLUG, VHC

22:21 | Permalink |

Stocks to keep an eye on April 07, 2015

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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

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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.

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

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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.

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

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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.

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

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

22:38 | Permalink |

AC Investor Blog

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

Saturday, September 19, 2020

Swing Trading Setups to Watch Next Week

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

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