AC Investor Blog

Top stock picks for next week

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Facebook Inc (NASDAQ:FB) The stock closed Friday slightly above the 50-day exponential moving average with a shooting star candle (correction is likely) on the daily. From a technical perspective, the technical indicators are beginning to look bullish. The MACD indicator is rising above its signal line, but remains in negative territory. The RSI crossed above the 50 mark and CMF still positive. Let's see what Monday brings.

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Research In Motion Ltd (NASDAQ:BBRY) This technical chart looks bullish and definitely is confirming my bullish sentiment. The stock closed the week above all moving averages, indicating more buying ahead. Daily technical indicators also are turning bullish, which means a test of the recent top at 16.82 is a possibility. The MACD is rising above its signal line and about to enter positive territory. In additon, the RSI has moved above the 50 mark and ADX shows a bullish signal.

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Tellabs, Inc. (NASDAQ:TLAB) looks to have bottomed. Closed above the 20EMA on high volume. Bullish MACD crossover and OBV is rising. The 50-day EMA sits at $2.06 and the 200-day EMA is at $2.26. A lot of room to go higher. This stock should be on your watchlist next week.

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FormFactor, Inc. (NASDAQ:FORM) Good upside volume on the daily chart. Technical indicators turning bullish. Looks like it is getting ready for a breakout soon.

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Avis Budget Group Inc. (NASDAQ:CAR) Starting to look strong again. Next buy area when clears the 29.73 level on heavy volume.

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PulteGroup, Inc. (NYSE:PHM) Watch this one as it approaches this resistance area. All technical indicators are bullish. The MACD has crossed above its signal and reversed its falling trend. RSI is moving up and Slow stochastic has entered its overbought zone.

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: BBRY, CAR, FB, FORM, PHM, TLAB

23:41 | Permalink |

Tuesday March 26th watchlist

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Groupon Inc (NASDAQ:GRPN) had a nice follow-through day after breaking out its 5.72 resistance on Friday. I still think this is a nice Long setup. Worth watching for a breakout above the 6.17 level.

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PulteGroup, Inc. (NYSE:PHM) Nice Looking Cup with Handle pattern with a pivot of 21.6, when it breaks this resistance on volume, go long IMO.

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) held up well today in such a weak market. Technicals are now positive and its MACD just produced a new buy signal. If it breaks back over the 50-day MA go long. Stop 7

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Trina Solar Limited (ADR) (NYSE:TSL) Stock price broke down today on high volume, watch for a test of the $3 level. Short setup.

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Sodastream International Ltd (NASDAQ:SODA) Looks like it wants to break this ascending trend line. On watch tomorrow !!

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Visa Inc (NYSE:V) Cleared this consolidation channel today. Setting up for higher prices.

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: ARNA, GRPN, PHM, SODA, TSL, V

21:19 | Permalink |

Stocks Watchlist For Thursday, September 13

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Shares of PulteGroup, Inc.(NYSE:PHM) closed the day gaining 6% to a new historic mark for stock at $15.55, near the highs of the day at $15.7. The stock has been one of the most amazing runs of the past three months. I'll be watching the stock on Thursday, looking for a follow through move. At this point we have to start thinking about just how high PHM will go. As long as the stock stay above $13.73, the short-term bullish scenario still intact.

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Zynga Inc (NASDAQ:ZNGA) seems to be a promising stock to follow in the coming sessions. ZNGA had a large spread and large volume today successfully breaking several resistances lines at 2.94 and 3. Also worth noting is the price which is now above the 13 and 20-day moving averages. This denotes strength for the stock. If you paid attention to yesterday's alert on twitter and got into Zynga at the opening bell, congratulations !!!

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Netlist, Inc. (NASDAQ:NLST) seems like a good risk reward play at present levels. The company has a nice balance sheet with a current ratio of 2.70, which reflects no problems in relation to short term debts, a very low long term term debt and 0.40 cents in cash per share. Therefore, in the coming days I'll be watching for a breakout above the 50-day moving average in the short-term. Like the MACD trend and OBV is trending higher.

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Clearwire Corporation (NASDAQ:CLWR) fell 0.6 percent today to close at 1.63. In my opinion the short-term outlook for the stock continues to remain bullish. Only a close below the 50-day MA will color the bars RED again & a possible change of the trend as well, otherwise we are heading for the strong resistance zone 1.8-1.95.

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After posting an awesome run shares of Cell Therapeutics Inc (NASDAQ:CTIC) lost some steam today and looks poised for a pullback in the near term. It has good support at $3.16. If it falls below this level on a close basis, then it can possibly go down to $3. On the daily time-frame the daily MACD lines, MACD-histogram and 20-day SMA are all rising. The bullish scenario in short-term still intact so we must see this bearish momentum just as a correctional movement. My model remains mixed with upside bias.

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: CLWR, CTIC, NLST, PHM, ZNGA

22:35 | Permalink |

Watchlist for Thursday, September 6

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Sprint Nextel Corporation (NYSE:S) had been confined within a very tight trading range until today as price broke and closed above the range resistance at 4.93 as seen in the daily chart. Now the stock is focused on the next resistance pivot at 5.24.

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Ford Motor Company (NYSE:F) needs to break the resistance lines around 9.80 to 9.90 to head back to higher levels. The short-term trend is bullish targeting 9.78 as far as areas of 9.25 remain intact.

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InterDigital, Inc. (NASDAQ:IDCC) remains trapped within moving averages without showing any big move since the opening of this week. Only a close below 33.04 or above 33.88 can change the neutral stance. Although the technical indicator MACD remains contained by a consolidation, On Balance Volume continues to show strong accumulation. Rumors of a possible takeover have recently surfaced and over 14% of the tradeable stock is in the hands of short sellers. Still on my top list.

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Shares of VirnetX Holding Corporation (NYSEAMEX:VHC) broke the 200-day moving average on big volume, which technically is usually a good sign. The short term trend is to the upside targeting 30

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News Corp (NASDAQ:NWSA) Potential breakout. Long over 24.05

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PulteGroup, Inc.(NYSE:PHM) is a stock I've covered before at much lower prices. It has been consolidating until today when it broke out to the upside. I think this opens up the door for further gains. The $13.91 level now acts as support.

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: F, IDCC, NWSA, PHM, S, VHC

22:48 | Permalink |

Good looking setups to watch next week

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InterDigital, Inc.(NASDAQ:IDCC) has finally started to rally and broke out of the consolidation that the stock had been stuck under for the last 2 weeks. It has breached two important levels at 33.08 and 33.33 quite convincingly. I see the next resistance in the 34.20-34.35 area. A move above this area would be viewed very bullish and could cause a huge short squeeze. There are some reasons to start taking an active look at this stock as I have been mentioned several times in my blog posts.

- The volume chart from OBV has been on an upside indicating strength.
- The MACD is above 0 showing positive momentum but displaying first signs of divergence between column bars and the trend line.
- RSI is on a comfortable zone.

- Trading above both 13 & 50 day moving averages moving upwards
- It has been making higher lows since June.
- 13.8% short or 6.1 M & might see a good squeeze above its 200-SMA
- High short ratio 11.10

From a technical standpoint the potential for further upside looks far more attractive on purely relative terms. Honestly, I like what I am seeing...Additionally, the company continues being mentioned in the news regularly as a strong potential buyout candidate. This is definitely a stock to watch next week.

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NetApp Inc. (NASDAQ:NTAP) had a strong breakout day on heavy volume. The next key resistance levels are located at $36 and $36.48. Shareholders may remain invested with a stop-loss at $32.84.

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Pharmacyclics, Inc. (NASDAQ:PCYC) broke out to a new all-time high on Friday accompanied by a good volume suggesting higher levels. The stock has been in a nice uptrend for the last three months and it looks very strong with both 50 day & 200 day moving average going up. PCYC is on the overbought level, so for the coming week expect a little bit of selling to occur as the RSI is near the 80 level. As long as the stock stays above the 13 day and 50 day moving averages it is still safe to hold on to your positions.

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Kraft Foods Inc (NASDAQ:KFT) Broke out on strong volume placing this stock on the map for technical analysis breakout buyers. Looking for $41 to now act as support.

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PulteGroup, Inc.(NYSE:PHM) - It may be close to breaking to new highs here. The stock has been consolidating the past few days and just recently started inching above most of the consolidation area. At this stage it is definitely a wait and see if the resistance will be easily taken out by the bulls. Fresh exposures may be considered on a move past $13.91, with a stop-loss at $12.93.

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: IDCC, KFT, NTAP, PCYC, PHM

09:47 | Permalink |

Friday's Stocks To Watch, Aug 24 2012

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What an amazing day for Rosetta Genomics Ltd. (NASDAQ:ROSG). The stock closed up 34.4% on strong steady volume. Earlier this week I alerted you via Twitter at 4.28 and it was also on blog ( Tuesday's Stocks to Watch ) that the stock has developed a new uptrend after recent retreats and a close above $5 would confirm the positive outlook ! Congratulations to those who paid attention. Now, the good news is that the build up in volume and upward price movements are getting traders excited for Friday's action ! Technically speaking, many of Rosetta Genomics indicators are looking even stronger, so watch for the upward directional pattern continue as the technical indicators suggest a further uptick.

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Zynga Inc (NASDAQ:ZNGA) looks like it has successfully tested the breakout area around 3.18 and wants to go higher. I still believe that shares have room for a significant uptick beyond these levels.

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PulteGroup, Inc.(NYSE:PHM) is close to attempting another breakout. This strength is confirmed by price movement as well as two momentum indicators. MACD and RSI show buy signal as MACD is above signal line and RSI still above its 50% level. At this stage I think the market is waiting for fresh news to define the short-term trend of the stock, however if it breaks above $13.91 then that is a bullish sign as higher prices.

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Xinyuan Real Estate Co., Ltd. (NYSE:XIN) - Stalking as a potential swing long above 3.06.

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Apple Inc.(NASDAQ:AAPL) Despite a nice rally on Wednesday the stock failed to follow-through and ended the day on a down note. The $650 level is the intermediate support and more conservative traders may want to wait for a breakdown under $639 before initiating short positions. However, as long as the stock holds above its 13-SMA, the trend would be bullish and a move to at least $700 would be a distinct possibility.

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: AAPL, PHM, ROSG, XIN, ZNGA

22:15 | Permalink |

Thursday's Stocks To Watch, Aug 23 2012

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Shares of Zynga Inc (NASDAQ:ZNGA) were up 29 cents or 9.76% to $3.26 per share on 2x average volume, after JMP Securities initiated coverage with a market outperform rating and PT $4.50. The stock has been on a down trend since it reached 52 weeks high of $15.91 in early March. Looking at the technical chart after today's action, the stock looks like it will try for a gap fill as it broke the gap down. The RSI and CMF indicators are also signalling Buy. The stock can be a good buy, with 2.91 as closing basis stop-loss.

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PulteGroup, Inc. (NYSE:PHM) still shows strong signs of continuation after 3-days of pullback. Looks like we are headed in the right direction. I'll be watching the stock tomorrow looking for a follow through move. As long as the stock stay above its 13-SMA, the bullish scenario still intact.

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Eldorado Gold Corp (NYSE:EGO) continues to breakout and now up nearly 30% this month. It might pause here but looking to add on any dip.

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Lululemon Athletica inc. (NASDAQ:LULU) continues to perform strongly and appears poised to test the 200-day moving average line at $65.89.

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: EGO, LULU, PHM, ZNGA

22:55 | Permalink |

Stock Picks for Friday August 17

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On Tuesday, I mentioned PulteGroup, Inc.(NYSE:PHM) as a potential breakout play. Sure enough, the stock broke out today. Technical chart shows very strong bullish sign. I'm using today’s high of $13.75 as resistance for Friday. A break above that area could trigger further bullish momentum and keep the bullish scenario intact. You should use the pullbacks as an opportunity to add fresh longs.

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D.R. Horton, Inc. (NYSE:DHI) had a great move on the upside and closed at 18.92. The stock is inching closer and closer to another breakout move. Volume looks like it is picking back up and the technical indicator MACD has crossed over. Look for a break above the 19.31 level to enter longs.

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Weyerhaeuser Company (NYSE:WY) broke out on good volume. The stock hit a high of $24.50, which is resistance for the follow through move. You should watch this stock closely on Friday.

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Sarepta Therapeutics Inc (NASDAQ:SRPT) had a strong surge on big volume today. The stock is poised for a breakout to new 52-week highs, but it may pull back a bit and consolidate before it moves up again. On watch.

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FormFactor, Inc.(NASDAQ:FORM) - On the technical daily chart above, you can see that the accumulation/Distribution line is gradually increasing indicating people are buying shares rather than selling them. Additionally, Slow Stochastic is way oversold and the Chaikin Money Flow is improving again indicating more buying than selling pressure. According to Yahoo Finance, FORM has $5.56 per share in cash and has a book value of $6.65, so these shares are trading below cash levels and book value.

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: DHI, FORM, PHM, SRPT, WY

23:01 | Permalink |

Stock Picks for Wednesday August 15

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PulteGroup (NYSE:PHM) is testing the resistance level. The uptrend is intact and a breakout higher is expected. Look for a break above the 12.92 level to enter longs.

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American International Group, Inc. (NYSE:AIG) should pause around its resistance at $35 after recent rally in share price. The recent action in the stock is very promising. A possible breakout over $35 is very likely in the sessions ahead. However, the stock needs a rest here and I'd like to see a healthy pullback to work off overbought conditions.

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA has made its way back to the last breakout level and bounces. ARNA has now broken its 13-day MA and a move higher has started. Look for this stock to test its 50-day MA in the short term where a breakout higher is expected. A stop-loss should be placed at $6.95 to protect against a reversal.

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National-Oilwell Varco, Inc. (NYSE:NOV) is near resistance level. Look for the break above the 77.5 level to enter longs for a move higher to 80

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Elan Corporation, plc (NYSE:ELN) is in a support level (13-day MA). Look for a bounce off these levels entering longs above the 12.12 level. Price target on bounce is back to 13. Additionally and from a technical standpoint, the chart also shows a bullish MACD crossover which indicate we have some more room to the upside.

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: AIG, ARNA, ELN, NOV, PHM

21:46 | Permalink |

Friday's Stocks to Watch, Aug 10

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PulteGroup, Inc. (NYSE:PHM) broke out to new highs Thursday on 1.5x the daily average volume. The short-term uptrend is intact and signals further bullishness on this stock. Buy the stock in dips with tight stop-loss at $11.49.

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InterDigital, Inc. (NASDAQ:IDCC) shares gained more than 2.8 percent on Thursday closing near its highs of the day on decent volume. I'm keeping IDCC on the list for the next few sessions and I expect to see the stock pop up to $35. The next major resistance level for the stock is located at $34.97. A close above this level would be very bullish. Pullbacks to $31.57-$32 are now a good entry point. The daily technical indicators are bullish as MACD momentum and histograms trend higher in positive territory and RSI is moving up.

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ON Semiconductor Corp. (NASDAQ:ONNN) closed back over the 50-day MA and the volume was good. The immediate support level is now adjusted to $6.75 followed by $6.51 and the resistance continues to be located at $7.23 followed by $7.36. The technical indicators such as KD and RSI also show buy signal as %K line has just crossed on top over %D line & RSI is also moving up and just crossed its 50% level. In the near term the support base around 6.5 should maintain a positive bias.

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Savient Pharmaceuticals, Inc. (NASDAQ:SVNT) has a strong resistance located at $.89 but then nothing until $1.26. The stock was one of the strongest small caps stocks on Wednesday and I expect the momentum to continue. Daily MACD continues to rise bullishly and recently crossed the zero line. Stay tuned.

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Peabody Energy Corporation (NYSE:BTU) The stock crossed its 50-day moving average of $22.65 and closed at $23.01 on Thursday indicating a strong bullish signal.

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: BTU, IDCC, ONNN, PHM, SVNT

09:09 | Permalink |

AC Investor Blog

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

Friday, April 26, 2013

Top stock picks for next week

Monday, March 25, 2013

Tuesday March 26th watchlist

Wednesday, September 12, 2012

Stocks Watchlist For Thursday, September 13

Wednesday, September 05, 2012

Watchlist for Thursday, September 6

Saturday, August 25, 2012

Good looking setups to watch next week

Thursday, August 23, 2012

Friday's Stocks To Watch, Aug 24 2012

Wednesday, August 22, 2012

Thursday's Stocks To Watch, Aug 23 2012

Thursday, August 16, 2012

Stock Picks for Friday August 17

Tuesday, August 14, 2012

Stock Picks for Wednesday August 15

Friday, August 10, 2012

Friday's Stocks to Watch, Aug 10

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