AC Investor Blog

A few stocks on my top watchlist for short term swings

( click to enlarge )

Eros International plc (NYSE: EROS) has been consolidating in the 1.6-1.85 area. A move above 1.88 would indicate a break out of the flag, with the potential to reach 2.6, my initial target, and then $3 Stop loss 1.59 Note: Earnings on Monday.

( click to enlarge )

Akerna Corp (NASDAQ: KERN) I think this stock will post a sharp rally from current levels. This was a $72 stock in June and at $14, in my opinion, there is a compelling risk/reward scenario. The risk is the stock continues to fall but the drop is very limit at this point IMHO, the reward is a swift 50-100% type move for this highly oversold stock. The daily chart above does not lie. When a positive divergence in the market occurs, the oscillator is rising but the stock isn't, then this is an indicator that a change in trend is imminent. That trend change for KERN is just getting under way. Im long.

( click to enlarge )

Valeritas Holdings Inc (NASDAQ: VLRX) The dip on Friday to $2.85 might have been an amazing opportunity for investors to snag a few shares. If recent history for VLRX is any indication of what the future holds, than expect another swift move to the upside next week.

( click to enlarge )

Sequential Brands Group Inc (NASDAQ: SQBG) has broken out in a big way. This stock could see 75c in swift fashion next week. The volume on Friday has been nothing short of remarkable. Long setup on watch.

( click to enlarge )

India Globalization Capital, Inc. (NYSEAMERICAN: IGC) has been under slow and steady accumulation over the last several trading sessions. The stock appears to have solid footing in the $1.5's and looks ready to test the $2's. Breakout watch over 1.7

( click to enlarge )

Phunware Inc (NASDAQ: PHUN) is on bottom and volume watch. Last week this tock saw strong volume and a modest increase in its share price. The line is drawn in the sand here. It will either bounce big or the flame will slowly die out. Keep it on your radar Monday morning. RSI is displaying a positive divergence.

( click to enlarge )

Workhorse Group Inc (NASDAQ: WKHS) surged to new highs last week amidst a flurry of buying. This stock, once a forgotten a penny stock, has amassed an impressive investor following. The buzz continues to grow in WS with each new high. It is a stock to watch for the foreseeable future. The bias remains to the upside.

( click to enlarge )

Uxin Ltd (NASDAQ:UXIN) came under some serious buying pressure on Friday and posted a gain of 15%. Considering the money flowing into the stock it doesn't look like this run is just a one day pump. More likely UXIN will hold above EMA50 for some time. Its only a matter of how high it will go. Long setup on watch.

( click to enlarge )

ShiftPixy Inc (NASDAQ: PIXY) was another high money volume stock on Friday. Keep it on your watch list.

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: EROS, IGC, KERN, PHUN, PIXY, SQBG, UXIN, VLRX, WKHS

18:55 | Permalink |

Some interesting chart setups in the bigcaps and smallcaps to watch next week

( click to enlarge )

Qutoutiao Inc (NASDAQ: QTT) made a strong upside reversal Friday on solid volume. The daily technical chart above suggests that stock might find now resistance at $4.61. Only a close above this level would suggest further upside. I think this could be the spark of a new bull trend in the making. I'm watching for a follow through move on Monday.

( click to enlarge )

Aileron Therapeutics Inc (NASDAQ: ALRN) has fallen in a slow steady decline from $1.7 down to 61c with nary a bounce. I think that bounce is coming and it will be impressive to behold. The stock is likely forming a double bottom pattern and it could stage a decent recovery above 75c. There is a big catalyst in September ( ALRN-6924 and IBRANCE), so this could be a good spot to accumulate shares. At extreme oversold conditions and with a positive MACD divergence on daily, i decide to start buying shares on Friday for a possible big bounce from current levels. Risk/reward seems favorable. Short-term target 1-1.1

( click to enlarge )

Leap Therapeutics Inc (NASDAQ: LPTX) seems to have broken out of a major horizontal resistance that targets a move to 2.5 in the stock. The daily technical indicator MACD shows the stock is still in a positive momentum.

( click to enlarge )

Precipio Inc (NASDAQ: PRPO) back-tested successfully the breakout point last week and we can now move higher to test Monday's high of 4.39 Still on my top watchlist. I think this stock deserves some watching in the coming days. If the buying continues in earnest things could get very interesting.

( click to enlarge )

Revolve Group LLC (NYSE: RVLV) After touching a high of $48.36 a few weeks ago, the stock has been in a corrective phase. The stock made a nice move on Friday, breaking a key resistance and looks ready to continue on Monday. Short-term outlook is positive and a move to 40-42 range appears likely.

( click to enlarge )

Viveve Medical Inc (NASDAQ: VIVE) is forming a bottom or hit bottom Friday and look ready for a rebound. I really like VIVE here at 35c/37c and think based on the recent pennymania momentum that it could do a 50-100% type run from here. I might be a little early with this call, but in the end I think it will be very profitable.

( click to enlarge )

ShiftPixy Inc (NASDAQ: PIXY) over the last trading days has seen its stock rise from 34c to a high of 65c Friday. Volume has also been on the rise. Chart looks bullish. Keep an eye for a possible breakout over 65c. If you don't have this stock on your watchlist yet, I think now is a good time to add it.

( click to enlarge )

India Globalization Capital, Inc. (NYSEAMERICAN: IGC) closed higher on Friday as the stock looks to be bouncing off support. The stock hit a high of $1.64 on Friday, which is resistance for Monday’s follow through move. IGC can be a fast moving stock, so keep it on your radar and be ready for this upside move.

( click to enlarge )

AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO) There is something important to point out in this chart, the volume is daily decreasing which could mean that the current trend will probably not continue and a reversal may be imminent. When company insiders puts hundreds of thousands of their own money into their stock, you have to believe they are doing it for a reason. They purchased a lot of shares at 1.14. This stock tends to make violent moves to the upside at support.

( click to enlarge )

Northrop Grumman Corporation (NYSE: NOC) is coming up to a big level again. I will be watching this stock closely on Monday as I expect to see a strong move once the stock breaks through resistance. A move past $325.58 would be a strong indicator of a further uptrend in the stock. Technically the stock looks solid trading above all key EMAs. My model is long.

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: ALRN, AVEO, IGC, LPTX, NOC, PIXY, PRPO, QTT, RVLV, VIVE

19:37 | Permalink |

12 Technical Charts To Watch Next Week

( click to enlarge )

IQIYI Inc (NASDAQ: IQ) has been in a consolidation over the last three weeks forming a bullish flag pattern after a big surge in price and volume in February. The stock jumped 5% Friday and closed at 27.02, two cents above key the psychological price level of 27. If it holds this level on Monday this could be the start of new momentum that could move the stock toward the 29 area.

( click to enlarge )

Goldman Sachs Group Inc (NYSE: GS) has been trading in a sideways range between resistance at 202.5 and support at 189 for a few months. With MACD showing good upside potential and RSI on the rise the trend should resume to the upside. Long setup on watch. Buy set at 202.5

( click to enlarge )

Ability Inc (NASDAQ: ABIL) is a candidate to be traded in breakout mode. The daily technical indicators are looking better for the stock with MACD indicator above its sell signal line, the ADX value is increasing and RSI indicator moving up from the 50 level. It is one for the bottom pickers. Volume was on the light side, but once the stock breaks out we'll see an upturn in buying. Key resistance is now located at $2.05, a break above this level will confirm the bullish trend and the following uptrend will take price up to $2.8 zone.

( click to enlarge )

We are on the verge of a possible breakout in the shares of ShiftPixy Inc (NASDAQ: PIXY). The stock looks like it could be getting ready to go imho. PIXY is worth a close look.

( click to enlarge )

Leap Therapeutics Inc (NASDAQ: LPTX) needs to take out $2.46. The break of the resistance line with heavy volume should be the next buy point on LPTX. Technical chart shows bullish sign with %K line on top of %D line and MACD on top of signal line.

( click to enlarge )

Qutoutiao Inc (NASDAQ: QTT) made a strong run the last hour of the day, closing at highs. The $15.65 level is an obstacle for this stock. If it can break through, buy the stock and watch it take off using the rising EMA9 as a stop loss.

( click to enlarge )

Telaria Inc (NYSE: TLRA) is starting to make a move to break through the top of its range. This is a good stock to watch and once it breaks through $6 on a close basis, the stock should move.

( click to enlarge )

Riot Blockchain Inc (NASDAQ: RIOT) above $3.99 could spark a nice short-squeeze. The stock had a nice surge a few days ago and has been in the process of consolidating. I think the stock has room to go higher. Watch the stock closely next week.

( click to enlarge )

Cellectar Biosciences Inc (NASDAQ: CLRB) Volume starts to pick up. Could make a huge move to the upside. Keep it on your watch list. A break of $2.50 with force might give CLRB room to $3

( click to enlarge )

Tetraphase Pharmaceuticals Inc (NASDAQ: TTPH) broke through resistance at $1.39 accompanied with high volume. We should be able to see some decent upside movement for the bulls here.

( click to enlarge )

Oragenics Inc (NYSEAMERICAN: OGEN) made big moves on volume in after hours trading Friday. The strength of current momentum could extend Monday and push the stock above the previous high set in Feb at 99c. If this breakout occurs we could see the stock trading in the $1.2-$1.35 area in the next couple of trading days. We should be able to see some decent upside movement for the bulls here. Long setup on watch.

( click to enlarge )

Nvidia (NASDAQ: NVDA) has a gap to fill over 170 on the daily chart should still be more upside left in this one. Long setup on watch.

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: ABIL, CLRB, GS, IQ, LPTX, NVDA, OGEN, PIXY, QTT, RIOT, TLRA, TTPH

15:18 | Permalink |

Stocks to Watch for January 07, 2019

Happy 2019 everyone!

I hope you have had a great holidays season! I wish you all a blessed year, both in your work and personal life.

( click to enlarge )

Advanced Micro Devices, Inc. (NASDAQ: AMD) had a great move on the upside Friday and closed at $19, up 1.95. The stock is setting up to break out and has one more level to go, which is the EMA200 at $19.24. Watch the stock on Monday, because once it breaks through, it will run fast.

( click to enlarge )

Apple Inc. (NASDAQ: AAPL) bounced strongly on Friday and a rally to over $154 is highly expected next week to fill the gap. The daily RSI indicator has also bounced from its extreme oversold zone, and this confirms that the current upward move is backed by some momentum. On watch.

( click to enlarge )

Altimmune Inc (NASDAQ: ALT) this spec play is back on my list for next week. The stock has been witnessing buying power enter the stock and could witness a Major Breakout Opportunity. Resistance is now $2.73. This stock has a history of making crazy moves after breaking resistances. Keep your monitor locked on ALT since it is ready to make that move.

( click to enlarge )

ShiftPixy Inc (NASDAQ: PIXY) Keep a close watch on PIXY since, in my opinion, share prices are attractive at these levels and the technical setup looks very promising for a big bounce. MACD Histogram has been rising and is on the verge of breaking the power zone (Positive Bullish Divergence). This beaten-down stock is ready to rebound.

( click to enlarge )

CHF Solutions Inc (NASDAQ: CHFS) another spec play that caught my attention last week. This R/S play has now just 400k shares float and made a strong upside move on Friday, after has been consolidating at lows for the past five days. Friday’s high was $8.5, which is too close to the natural resistance around its declining EMA20. Although the moving average remains weak, as soon as there's any breakout above it we should see a lot more buyers coming. This stock can move very quickly, so keep it on your screen for next week. Everything is possible here. Play small and safe. Im long.

( click to enlarge )

CorMedix Inc. (NYSEAMERICAN: CRMD) finally broke out and made a nice move today. I'm watching the stock for a continuation move next week. MOT is back to bull market rally with MACD on top of 0 and RSI above 50% level. The stock has good upside potential here for a run to $2.4 again, so keep watching the stock for further moves.

( click to enlarge )

Cool Holdings Inc (NASDAQ: AWSM) looks to have found bottom here, as the stock closed above $1.83 on Friday's session. The high of the day was $1.91, which is resistance for Monday’s move. If the stock can break through resistance, further upside may be possible, and would signal a change in trend from down to up.

( click to enlarge )

General Electric Company (NYSE: GE) has broken out from a major resistance line as it closed the week at $8.23 per share. GE had taken out its 20-day EMA at 7.62 on Wednesday and we may possibly be seeing the price heading towards the $9 resistance next week.

( click to enlarge )

Laredo Petroleum Inc (NYSE: LPI) has been on a nice up move recently and looks like it wants to go higher. The stock hit a high of $4.04, which is resistance for Monday’s move. I expect to see the buying again, so keep a close eye on it.

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, ALT, AMD, AWSM, CHFS, CRMD, GE, LPI, PIXY

12:36 | Permalink |

AC Investor Blog

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

Saturday, July 13, 2019

A few stocks on my top watchlist for short term swings

Saturday, July 06, 2019

Some interesting chart setups in the bigcaps and smallcaps to watch next week

Saturday, March 16, 2019

12 Technical Charts To Watch Next Week

Saturday, January 05, 2019

Stocks to Watch for January 07, 2019

About Me

FREE NEWSLETTER

Support AC

Follow me

Advertising

PREVIOUS POSTS

TRANSLATOR

Site Information

Stock Market Blogroll

Friends BLOGROLL

ARCHIVES