AC Investor Blog

Swing trade ideas for the week ahead

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Shares of Alset Ehome International Inc (NASDAQ:AEI) are starting to heat up again and are worth watching. The stock is basing constructively above the 9.50 level and could be marking a new trend higher that is still in the early stages of development. The MACD is also confirming this as it moves to cross up, while the RSI starts to go up. If volume can pick up I think this stock can break through resistance at $12 (downtrend line) and re-test its recent highs around $15.31. I have been accumulating a big position in AEI. I love the bz model of this company. Purchasing and renting of their homes comes with a free Tesla Powerwall and Tesla car. The company is about sustainable living. With just 770k shares float and Tesla connections, this stock should be in your watchlist. I am a patient trader.

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Kelso Technologies Inc (NYSEAMERICAN:KIQ) After a healthy pullback in the last four weeks we got a big bullish impulse on Friday that could signal the beginning of another move higher. Shares rallied past resistance of $1 and hit my trigger to open positions. Immediate resistance is at 1.17 (March’s high). A break above that area could trigger further upside recovery testing $1.33 area. I'll be watching the stock on Monday, looking for a follow through move. I'm using the rising 100-day EMA as a stop.

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Borqs Technologies Inc (NASDAQ:BRQS) successfully tested the support and closed above the rising 200EMA. What needs to be watched from here out is whether it is still being accumulated. The bounce off the recent sell-off lows could potentially be the start of an even higher move. I love 5G plays going forward. I'm long here.

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Century Aluminum Co (NASDAQ:CENX) displayed some impressive relative strength on Friday with a 17.43% gain on high volume. The $19.60 is a key to watch for this stock. The Stochastic Oscillator is registering a bullish signal as the %K has crossed above the %D and RSI back above 50. The nearest trend is in favour of Bulls and price has room to go higher. If the stock can break through that level, we should see strong volume drive the stock higher. Long setup on watch.

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Alcoa (NYSE:AA) was a big winner Friday, as the stock closed up $3.12 on decent volume. I feel that there will be a continuation move next week, but I want to see a close above $33 before I buy. There are several short term technical indications suggesting that AA could make a move to higher levels. Worth putting on the watchlist.

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fizer (NYSE:PFE) finally broke through the $36 price level on solid volume. Look for the stock to test the prior highs of January. From a technical standpoint daily technical indicators are looking bullish. The MACD is above its signal line and is moving up in positive territory. RSI is still above its 50% level. Keep it on your watch list going forward.

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Cellect Biotechnology Ltd (NASDAQ:APOP) I grabbed some shares yesterday on pullback. We should easily close the gap next week. Watch the break of 4.16 for a strong run to 4.75

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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: AA, AEI, APOP, BRQS, CENX, KIQ, PFE

19:07 | Permalink |

Some names on my watchlist for the coming week

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Peck Company Holdings Inc (NASDAQ:PECK) I think now is the time to be getting into this stock ahead of any new positive developments. With such a low float, it could get explosive down the road. From a technical standpoint, notice how nicely the stock has been holding the rising 100-day exp moving average over the last five sessions, coinciding with the $6 support level. Plus, the volume has been declining in recent weeks while MACD is displaying a positive divergence. If the stock can push above the 6.38 area, a new run to $8.4 could be in the cards. I took a long position last week.

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Staffing 360 Solutions Inc (NASDAQ:STAF) is starting to make a move of its recent lows supported by the rising EMA-50. It bears watching going forward as this stock has posted some impressive moves in the past. I think the stock has found a bottom here and could post a nice rally from current levels. STAF will move quickly, so keep it on your screen next week.

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I feel Phio Pharmaceuticals Corp (NASDAQ:PHIO) will be a stock to watch as well as other speculative cancer stocks in the small bio cap market. A steep decline yesterday to the pivot zone means this stock is on bounce watch next week. When a stock rises on heavy volume, and falls on light volume, doesn't mean the sky is falling. Therefore, the stock should resume the upside momentum during the week ahead.

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MongoDB (NASDAQ:MDB) has extended the upside movement and is now standing above the broken $290 resistance area. The stock remains very bullish in the short-term, indicating it is yet to attain full bullish mode, while short-term pull-back is likely in near term with moderate reliability due to its overbought posture as revealed by the daily RSI. Nevertheless, it appears positioned to sustain its uptrend, considering its gain pattern. On watch.

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India Globalization Capital, Inc. (NYSEAMERICAN:IGC) has been holding the support base at around $1.68 zones from the last 2 trading sessions after the fall witnessed from 2.66 to 1.7 levels in the start of the December month. Might bounce next week. Definitely on watch.

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JinkoSolar Holding Co., Ltd (NYSE:JKS) broke its support of $56 levels after the consolidation of the last four trading sessions and gave the lowest close of the last nine weeks. The stock has formed a weak structure as it failed to hold the major support base and now weakness may drag it towards $45 levels. The above technical view will be invalidated, if the stock is able to regain the broken support for at least 2 consecutive days and in that scenario, 64-65 zone will come first.

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The hourly chart indicates that Obalon Therapeutics Inc (NASDAQ:OBLN) has possibly reversed its short-term trend. The price has successfully completed a possible short-term bottom pattern. The technical indicators also are displaying good signs. Buy at the break of $1.72 and target $2.02. Stop below $1.55

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Recro Pharma Inc (NASDAQ:REPH) is up smartly two straight sessions, can Monday be the charm. Long setup on watch.

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Spi Energy Co Ltd (NASDAQ:SPI) This chart looks to have reached a bottom in the $7.7 - $7.85 range. I don't want to call this stock the next big % runner, but I do think it could have a nice rally from current levels. Monday's presentation at The 13th Annual LD Micro Main Event Conference could be a good catalyst.

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Pfizer (NYSE:PFE) has formed a new trading range and base so far for the month of December. Dips around $41 continue to be bought with the negative news ignored from markets. The best case scenario for a new leg up would be a break above $42.75 where some resistance has formed. Long setup on watch.

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: IGC, JKS, MDB, OBLN, PECK, PFE, PHIO, REPH, SPI, STAF

20:22 | Permalink |

Several small, mid and big cap stock charts for the coming week

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TrovaGene Inc (NASDAQ:TROV) surged 46c, or 28.22%, Friday on higher-than-average volume and finished at its highest close in more than four weeks. It closed at 2.09, substantially above key resistance at 1.79, confirming the breakout. The close was also near the high of the day, another good sign and indication of possible continuation of current momentum. Please note, the company announced last week that new clinical data from its Phase 2 trial of onvansertib, in combination with Zytiga® (abiraterone acetate)/prednisone, in metastatic Castration-Resistant Prostate Cancer (mCRPC), will be presented as an oral poster at the 20th Asia-Pacific Prostate Cancer Conference, which will be held August 23-26 in Melbourne, Australia. Lets see if we can see a rally like in March. Technically, the stock is now in Breakout mode.

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vTv Therapeutics Inc (NASDAQ: VTVT) has found support around the $1.23-$1.25 range again and looks poised to post a bounce from here. We could see a 20-30% possible bounce up to $1.95 - $2.25 a share if it can cross the resistance at $1.41 in the coming week. The recent insider buying of 1.2 million shares at $1.65 per share is also another positive indication that the insider are now bullish about the company.

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Stamps (NASDAQ: STMP) this is a stock that is still flying under the radar of so many traders and has been performing nicely recently. It needs to take out 64.16 (EMA100) next week in order to convince more bullish buyers at these levels.

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Celldex Therapeutics, Inc (NASDAQ: CLDX) After a strong decline since February highs, the stock is forming a base and on lower time frame it has started to form higher high and higher low which is a very positive sign. It might attempt to breakout above $2.3 level again next week and if it succeed we should expect a strong move to the upside.

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Air Products (NYSE: APD) Looking at the daily chart, the stock seems to be forming a Flag Pattern. It may gain the momentum once it manages to break 232.47 levels. Long setup on watch.

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Pfizer (NYSE: PFE) After the recent "crash" from the highs of 44.15 to 33.97, this stock appears to have hit a bottom around 34 as it is more or less trading flat for last three trading sessions. Hence, on a bounce back, the stock can easily test its declining 13-day EMA on the way upside. Swing traders can create fresh longs with a stop below 33.97 on closing basis for a short-term target of 36.5

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Microsoft (NASDAQ: MSFT) The recent correction from the highs of 141.2 brought it down towards its critical support of 132.5 levels (uptrend line) from where it rightly bounced back in Thursday’s session. Sustaining above this key support level, on a pullback, this stock can be expected to test its 140 level again next week or even making new highs. Long setup on watch.

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Obalon Therapeutics Inc (NASDAQ:OBLN) just hit its all time low while MACD Hist is displaying a positive divergence and looks to be starting what I think will be an impressive run off its bottom. Is this the short-term bottom? That is the risk, it could fall further, but I think we see a PSTV type move off these lows.

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Guardion Health Sciences Inc (NASDAQ: GHSI) some of you may recall many of my recent bottom calls, the best being RKDA at $2.5 it hit $9.15 a share. I think GHSI will have a relief rally after its dramatic fall. The stock has held its current range on the hourly chart meaning we could be seeing at least a temporary bottom. I wouldn't be surprised if this stock popped 20-25% in one session soon. We have a nice gap to fill. Note: Company Closed $5.8 Million Underwritten Public Offering on 15th August.

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FuelCell Energy Inc (NASDAQ: FCEL) volume is starting to come back and with it some positive price movement. With the continued growth in interest, the stock should see 45c and better short term.

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aTyr Pharma Inc (NASDAQ: LIFE) is a stock that is still flying under the radar of so many traders. I think right now LIFE is forming a solid base for a substantial move higher. Company has a strong cash position and good pipeline.

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Capricor Therapeutics Inc (NASDAQ:CAPR) suggest you keep this stock on your radar next week. At some point I think it will post an impressive rally. Chart speaks for itself.

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: APD, CAPR, CLDX, FCEL, GHSI, LIFE, MSFT, OBLN, PFE, STMP, TROV, VTVT

11:02 | Permalink |

Take a look at these Biotechnology Stocks next week

Hello Everyone!!

What a year it has been so far! Congrats to all the twitter followers and readers who moved on opportunities the entire year, for those who still haven't taken advantage and seen gains, there is still time. I continue to see in smallcaps and low floaters high probability of big gains, specifically in the bio sector, therefore i will keep them in my portfolio. As always, don't forget to use a stop loss or a trailing stop for these particular cases. Trading small caps stocks can be risky, however where there are great risk, there can also be great rewards and we should act accordingly. As an independent trader, my mission is always to share ideas based in something real, news, catalysts and chart patterns, it does not matter if it is a small, mid or a big cap. For next week, i selected the following stocks based on the pattern and price action. Keep in mind, the months of September and October are typically the most volatile months for the markets, and it will be interesting to see how this story continues to play out. Honestly, i continue to see more highs for the indexes in the coming months, as the economy continues to show healthy momentum. God bless you guys. Be safe and enjoy the weekend.

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Johnson & Johnson (NYSE: JNJ) continues to act strong setting new six-month highs. Daily technical indicators are not yet overbought so higher prices are likely in the intermediate term. Price is expected to at least rally the next resistance at $139 and even go higher to test the $145 level. Long setup on wacth.

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Pfizer Inc. (NYSE: PFE) is consolidating below the highs in the trading range of 41-42.5. A move above this level, would confirm the break of the three-month consolidation. Stops should be set in the 40.5 area.

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Evofem Biosciences Inc (NASDAQ: EVFM) turned into one of the hottest stocks last month and posted some incredible profits for my twitter and blog followers. As i tweeted yesterday, i followed my trading plan and sold all my shares around the 4.5 area. From a technical standpoint, the EMA200 at 4.97 is a level to watch now.

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Innovate Biopharmaceuticals Inc (NASDAQ: INNT) has pulled back on declining volume to previous resistance, where it seems to be finding support. If this support holds next week, it will keep alive the chances of a rise to $7 once again immediately and will increase the probability of a breach of 7.50. Short-term momentum is displaying positive divergences on the hourly charts and RSI is oversold. I took a position Friday before the close.

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Tyme Technologies Inc (NASDAQ: TYME) is another bio smallcap that i brought to my Twitter followers attention lately. This stock is in the process of bottoming and we expect a pop above $2.4 at some point in the coming days. Technically, the daily trajectory of the MACD and Slow Sto are also pointing to higher prices. Let's see what Monday brings.

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Zosano Pharma Corp (NASDAQ: ZSAN) is showing early signs of reversal. A high volume move through the 4.25 (declining EMA50) price level would be buyable. The MACD is showing a positive divergence and the RSI is attempting to breach line 50 level forcing me to think the possibility of a trend reversal.

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Congrats to those of you who made bank on Gemphire Therapeutics Inc (NASDAQ: GEMP) stunning delivery last week. I bot the stock on the break of the trend line around the 1.55 level, and sold well abv 2.25. Unfortunately, i sold too early. We can't be perfect but we always strive to be perfect in following the pivot points. Might re-enter again around the 1.7 area.

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Merck & Co., Inc. (NYSE: MRK) Keep a close eye on this one next week, looks ready to break out into new high territory.

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Bristol-Myers Squibb Co (NYSE: BMY) Looking at the chart above the stock is inching closer and closer to another breakout move (ascending triangle pattern). Buying momentum is still positive and strengthening. Breakout watch above 61.59

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STRATA Skin Sciences Inc (NASDAQ: SSKN) broke above resistance in Friday's trading session after a period of consolidation. I still like this stock and will be watching it again on Monday, expecting to see a continuation move.

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I took a long position in Stellar Biotechnologies Inc (NASDAQ: SBOT) Friday, it's an aggressive buy but the risk/reward ratio is good. The stock is also trading well below cash. Honestly, i think the stock is attractive at these levels and fundamental growth prospects look very promising IMO but only the time will tell. Stop 1.32

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: BMY, EVFM, GEMP, INNT, JNJ, MRK, PFE, SBOT, SSKN, TYME, ZSAN

15:36 | Permalink |

Swing trade setups for next week

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The stock market’s rally has been impressive since the start of 2018. The major indexes are now up about 8 percent in just one month, pushing RSI readings at levels not seen for a long time. As I mentioned on twitter yesterday, high RSI readings are usually interpreted as indications that a market is overbought, and 88 is a pretty high level for the RSI specifically in an index . So, based on that factor, i recommend you to be prepared for a potential pullback by holding a diversified portfolio with some protection because nothing can go up forever. I started buying some volatility last week as I think this market euphoria could end badly without some kind of consolidation or correction, and the volatility will be back again and much bigger than what we've seen before. That’s my thoughts and it must be seen as such, just a thought with some rationality. Honestly, i believe the easy gains have already been made in this market, and the losses on any downside move could be very sharp, erasing any profits that have piled up. Not wanting to scare anyone, the euphoria is not good in any case. I lived the dot com boom/burst and now im better prepared for anything that might happen. I still holding few longs positions in small/big names. Even so, there are some interesting setups that I will share for the coming week. As usual, use tight stops and have always a plan in mind for the ones that tends to fail.

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With the VIX trading above its EMA200, and with the short-term EMAs turning up, it appears the market's volatility could be back in the near term.

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Twitter Inc (NYSE:TWTR) Strong rally on heavy volume Friday following takeover rumors. This is a bullish sign, which is why I will be watching the stock on Monday. Resistance for this move is $25.85, which was the recent highs. Keep it on your screen next week.

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Pfizer Inc. (NYSE:PFE) was another winner for my twitter followers last week. After drifting for weeks the price finally broke out of a consolidation accompanied by high volume. Friday’s high was $39.09, which is resistance for the follow through move.

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Clean Diesel Technologies, Inc. (NASDAQ:CDTI) stock has back tested successfully the breakout zone. Let's see if the price can hold above this key support area next week and move higher.

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NXT-ID Inc (NASDAQ:NXTD) was on my list a few days ago, and has been slowly trying to make a move up. The stock has to close above the 20-day EMA, for it to pick up momentum. Watch the stock closely next week. Stop 2.13

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Daily chart is displaying upside momentum. I will be watching Facebook Inc (NASDAQ:FB) closely next week for a breakout above 190.66

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I have Immune Pharmaceuticals Inc (NASDAQ:IMNP) on my watchlist. It may be ready to break out of this base formation. Potential swing long above 62c

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: $INDU, $VIX, CDTI, FB, IMNP, NXTD, PFE, TWTR

19:24 | Permalink |

Stocks to keep an eye on Monday, January 22

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Rexahn Pharmaceuticals, Inc. (NYSEAMERICAN:RNN) failed to close over the 200-day exponential moving average on Friday, now located at $2.42. A close over this level would be very bullish. I will watch the stock next week for a continuation move. Resistance for this move is $2.7, which reflects Friday’s high of the day. If RNN does break resistance, I expect to see the stock move very quickly. Long setup on watch.

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Extremely bullish moves on the stock have been taking place over the last weeks. Arrowhead Pharmaceuticals Inc (NASDAQ:ARWR) hit a new high on Friday of $6.4, which is now resistance for Monday’s continuation move. If the stock can break through resistance, we should see another strong upside move. ARWR will move very quickly, so watch the stock closely next week.

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Sunshine Heart Inc (NASDAQ:CHFS) displayed some impressive relative strength with a 8% gain on volume. The area comprehended between 4.4 and 4.86 represents a heavy resistance that has been attacked several times now over the past sessions by bulls. The power of Friday's move suggests an upward breakout that could impulse the stock towards the $5 area. I still like the stock.

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Pfizer Inc. (NYSE:PFE) has been in sideways trading range for the past month. The stock looks to have built a base and wants to make an upside move. If PFE can break through $35.37, we should see strong volume drive the stock higher. You need to watch this big cap closely because it could break resistance.

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Novavax, Inc. (NASDAQ:NVAX) has a very interesting technical daily chart as the stock looks to be ready to test/break the recent highs. All indicators are still in Bullishs areas. Keep an eye for a possible breakout over $2.14

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: ARWR, CHFS, NVAX, PFE, RNN

21:29 | Permalink |

AC Investor Blog

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

Saturday, March 27, 2021

Swing trade ideas for the week ahead

Saturday, December 12, 2020

Some names on my watchlist for the coming week

Sunday, August 18, 2019

Several small, mid and big cap stock charts for the coming week

Saturday, September 08, 2018

Take a look at these Biotechnology Stocks next week

Saturday, January 27, 2018

Swing trade setups for next week

Sunday, January 21, 2018

Stocks to keep an eye on Monday, January 22

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