AC Investor Blog

Stocks to Watch for May 22, 2014

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Rentech, Inc. (NASDAQ:RTK) broke through resistance at $2.37, but was not able to gather must momentum. Wait a clear confirmation. Technical indicators such as RSI and MACD show buy signal as RSI is rising in bullish territory and MACD is on top of signal line.

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Procera Networks Inc (NASDAQ:PKT) has been trading around its 20-day EMA in the last trading sessions and the stock appears to have successfully reversed its downtrend. PKT has some noticeable indicators suggesting that the stock is ready to make a move. The RSI indicator looks like it's on the edge of crossing back over 50% level and MACD is still showing a positive divergence. From the insider transactions, Directors of the company are very bullish as they have purchased total of 105,000 shares in the last weeks. In addition 77% of outstanding shares are held by institutional investors.

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Himax Technologies, Inc.(NASDAQ:HIMX) Today's move confirms that the bounce is still in play and far from over.

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Reynolds American, Inc. (NYSE:RAI) has been on fire the past few weeks, and looks ready to make another upside move. The stock broke out of a consolidation range as the stock closed up $2.51 on the day. Wednesday’s high was $60, which is resistance for Thursday’s continuation move. As long as the stock stay above the $56 area, the bullish scenario is still intact.

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Lithium Exploration Group Inc (OTCMKTS:LEXG) broke out from a sidewards movement with huge volume, creating a significant amount of bullish potential. On the technical side, MACD and ADX all point to upward trend while RSI is also rising but hasn't yet reached overbought level. The stock broke through its 100-day EMA and should continue to move. LEXG has a lot of upside potential, so watch it closely on Thursday.

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First Solar, Inc. (NASDAQ:FSLR) had a nice bounce today on decent volume and I expect more tomorrow.

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: FSLR, HIMX, LEXG, PKT, RAI, RTK

22:20 | Permalink |

Stocks to Watch for April 21, 2014

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Rambus Inc. (NASDAQ:RMBS) had a strong move on Thursday, gaining more than 4%. The stock hit a high of $12.58, which is resistance for the follow through move. The medium-term trend is bullish as the stock is above all key exponential moving averages. Additionally, MACD lines are going up and OBV still climbing. I suspect the stock may continue to appreciate over the coming days. Stop should be placed around 11.23 (20EMA). Keep this one under radar.

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Procera Networks Inc (NASDAQ:PKT) is one for the bottom pickers. The stock appears to be poised for a nice bounce off this bottom. In my view, the stock has formed a bottom in short-term and I expect a move past 10.06 to take the stock towards the target of 10.86 with stop-loss at 8.95. The stock seems to be undervalued at current levels IMO with a strong balance sheet and zero debt. Percentage of shares held by institutional and mutual fund owners is 77%. In addition, the company has been making headlines lately with some major announcements, so I still think the stock has potential at this point. From a technical standpoint, the stock is in a downtrend but the signals are mixed. The MACD histogram is displaying a bullish divergence and RSI bounced from oversold. A reversal may be on the way.

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AOL, Inc. (NYSE:AOL) As I've mentioned earlier there is some elevated May Call options with strike prices significantly above the current market, therefore I still believe that shares have room for a significant uptick beyond these levels. From a technical standpoint, the stock broke out from a falling wedge on Wednesday's session, crossed and closed above the 50-day EMA on high-volume. The stock is setting up to move higher and could break the $46 mark in the sessions ahead, something that could attract more traders to jump in and push shares even higher. The short-term indicators are looking bullish and could easily rise to a new peak. Keep an eye on it !

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Zynga Inc (NASDAQ:ZNGA) has achieved a boost during Thursday’s trading session as traders witnessed the oversold position, driving shares up by more than 4%. From a technical standpoint, the Relative Strength Index is now rising and is approaching the mid-level, while MACD made a bullish crossover.

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Celldex Therapeutics, Inc. (NASDAQ:CLDX) I hit a new 52-week low on Tuesday, but looks poised to rebound sharply in the short-term. The MACD has stabilized and crossed over the signal line (signalling a possible change in the trend to uptrend).

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Groupon Inc (NASDAQ:GRPN) has bounced nicely from the lows. The immediate resistance is around 7.61/67 which the stock will likely to test next week. A close above this range is a pre-requisite for the reversal of the bearish trend.

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FuelCell Energy Inc (NASDAQ:FCEL) Should breakout hard to upside when it crosses over $2.50

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: AOL, CLDX, FCEL, GRPN, PKT, RMBS, ZNGA

15:59 | Permalink |

Stocks to Watch for November 15, 2013

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Procera Networks Inc (NASDAQ:PKT) could be on the cusp of a breakout to the upside. After over six weeks of remaining below its 200-day exp moving average with the accumulation/distribution indicator showing a positive divergence, the stock could be in the early stages of a big rally. In addition, MACD also shows a bullish crossover. Resistance is strong but once that level is broken, the stock could jump 15% or more. PKT is a low float stock with a very high short interest.

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Bank of America Corp (NYSE:BAC) had a nice follow-through move and closed the session near the highest price of the day. The bias is bullish in nearest term targeting $15.02 resistance area.

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JPMorgan Chase & Co. (NYSE:JPM) is facing resistance at 54.5 levels recently. If it closes above this level, further up move can be expected. The technical daily chart shows the stock is in bull market as 50-day exp moving average is on top of 200-day exp moving average with the MACD and signal line on top of 0.

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Globalstar, Inc. (OTCMKTS:GSAT) stalking as a potential swing long above 1.84

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Texas Instruments Incorporated (NASDAQ:TXN) broke out to new 52-week highs today. I'm expecting to see a continuation of the move to the upside on Friday. As long as the stock stay above the 41 area, the short-term bullish scenario is still intact.

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After nearly two months of consolidating sideways shares of Yahoo! Inc. (NASDAQ:YHOO) broke out higher past resistance Thrusday and closed at a new high for the year. Long setup.

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The surge in Organovo Holdings Inc (NYSEMKT:ONVO) continues. The stock is up several days in a row so do not be surprised if the stock price takes a break. I'd prefer to open new positions on a dip. Technically, ONVO is extremely overbought, so we can not rule out a pull back, but at the same time it can remain overbought until it wants to come down. 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: BAC, GSAT, JPM, ONVO, PKT, TXN, YHOO

22:54 | Permalink |

Stocks to Watch for September 11, 2013

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Sirius XM Radio Inc (NASDAQ:SIRI) closed right at the key 3.85 level. It will be interesting to see if tomorrow the stock can continue its upward momentum. Its technical indicators are showing positive signal and its price bars are trading above the major EMAs, denoting the current positive tone that may turn into a new uptrend soon. On radar.

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Morgan Stanley (NYSE:MS) Nice breakout on decent volume. Fresh buying may be considered on a move past $28.15, with a stop-loss at $26.63

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Yahoo! Inc. (NASDAQ:YHOO) A breakout above $29.83 would constitute a technical entry for the short term trader looking for a quick trade. The technical indicators are showing signs of bullishness.

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Procera Networks Inc (NASDAQ:PKT) jumped over 8% on Tuesday to close at $14.59. The technical daily chart shows the momentum indicators have turned up and the RSI is on the rise.The MACD indicator is still heading up, providing a positive signal. We have strong BUY signals on this stock. It will be interesting to see tomorrow if the momentum can continue through the $15.01 200EMA. Short Percent of Float 17%. Days To Cover (Short Interest Ratio) 10.5

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Walter Energy, Inc. (NYSE:WLT) Any close above the key pivot at 16 would be an upside break out and would signal a move to 19-20 area.

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The Dow Chemical Company (NYSE:DOW) had a good move today, as the stock set new 52-week highs. The stock hit a high of $40.02, which is resistance for the follow through move.

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: DOW, MS, PKT, SIRI, WLT, YHOO

22:18 | Permalink |

Stocks to Watch for August 21, 2013

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Goodrich Petroleum Corporation (NYSE:GDP) made a strong upside reversal today. The technical chart above suggests that stock might find now resistance at $23.25. Only a close above this level would suggest further upside. The bias still bullish in nearest term. Fresh buying may be considered on a move past $23.25, with a stop-loss at $21.34 (9EMA).

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Procera Networks Inc (NASDAQ:PKT) was recomended today by financial analysts at Northland Securities. They recommend buying the stock based on expectations for a rise in gross margins and new partnerships that support revenue growth targets. Shares are Outperform rated with a $21 price target. Technically speaking the stock made a nice bullish hammer candlestick, so in my humble opinion it could be a good entry point to start a long position. In addition, the stock remains in very oversold conditions.

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Assured Guaranty Ltd. (NYSE:AGO) showed more signs of strength on today's session, as the stock closed up $.29 on the day. The stock has strong resistance around $9.50, and breaking above could take the stock to $10 in a very short time frame.

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AngloGold Ashanti Limited (NYSE:AU) On my watch list for tomorrow. Nice clean bounce off the 13-day EMA today. It will interesting to see if it can break 15.12

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If the weakness continues and Zynga Inc (NASDAQ:ZNGA) breaks the support at $2.7, there will be a good chance that the stock will test the next key support at $2.5. Technically, there is nothing positive about the technical chart. All other indicators still point to a bear market.

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Barrick Gold Corporation (NYSE:ABX) remains in a short up trend. Further rise to test 22 resistance is still possible, and a break of 20.25 will confirm such case. Initial support is at 18.69. Most of the technical indicators are pointing towards some more upside in the coming sessions.

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: ABX, AU, EGO, GDP, PKT, ZNGA

22:40 | Permalink |

Stocks to Watch for July 05, 2013

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Procera Networks Inc (NASDAQ:PKT) had another strong bounce off 50-day EMA and price level support. Technical indicators are showing mixed signs. The bullish signal is coming from the MACD which is poised to cross above the signal line and this may spur further buy signals. Watching for a move out of its current trading range. With the low float and current corporate turnaround, this stock will be one to watch in the second half of 2013.

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Starbucks Corporation (NASDAQ:SBUX) broke resistance but closed below. Buy if resistance at 67.68 is broken with volume preferable above 5M shares. Possible target price of around 70. Daily technical indicators are turning bullish. The MACD has moved above its signal line in positive territory and RSI has moved up to its 50% level.

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TD Ameritrade Holding Corp. (NYSE:AMTD) has a chart set to breakout. As of current, the MACD has crossed above the signal line, triggering a buy for the short term. Breakout watch over $24.86

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Rambus Inc. (NASDAQ:RMBS) The chart looks really bullish, with the stock breaking out of a recent trading range on Wednesday. Rambus is a volatile stock, so investors should use stop-loss orders to protect profits.

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Keep an eye on Domino's Pizza, Inc. (NYSE:DPZ) and monitor its volume for any potential breakouts. If the stock can manage a breakout above its psychological resistance line at $61 on high volume, it would be a great buying opportunity but only on a breakout.

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Cabot Oil & Gas Corporation (NYSE:COG) has been trading sideways for two months and appears immediately ready to break out on the upside. Daily technical indicators are showing some signs of strength. The MACD is above its signal line in positive territory and the RSI has moved above its 50% level.

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: AMTD, COG, DPZ, PKT, RMBS, SBUX

22:01 | Permalink |

Stocks to Watch for June 24, 2013

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VIVUS, Inc. (NASDAQ:VVUS) is in a bullish flag above its rising EMA50 after a steep 2-month up move and I’m watching 14.8 as the breakout point. It looks bullish and the technicals look like it. The RSI and OBV are looking good. If the stock breaks out of the flag, it should run up to the next target at 17.2.

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Shanda Games Limited (NASDAQ:GAME) is in a bullish flag, with possible share price acceleration above $4 resistance, with targets at around 4.20 and then 4.68

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Gevo, Inc. (NASDAQ:GEVO) In a small bullish pennant with resistance at around 2.30. The buy signal is the upside break of the top trend line. So keep an eye on this one.

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Rambus Inc. (NASDAQ:RMBS) has an interesting technical chart. After breaking hard in May, it formed a bull flag, broke out and is now in a pullback mode. Unless the level of 8.32 (EMA20) breaks on a closing basis, the price can retest the highs around 9.

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Hudson City Bancorp, Inc. (NASDAQ:HCBK) is in a bullish ascending triangle pattern putting pressure on the 8.75 level. A move above this key level resistance could break the stock out to all-time highs.

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Procera Networks Inc (NASDAQ:PKT) appears to be poised for a nice bounce off this bottom. It’s currently trading above its rising 50-day moving average. The Chaikin Money Flow positive may be an early sign of trend reversal. The company has been making headlines lately with some major announcements.

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: GAME, GEVO, HCBK, PKT, RMBS, VVUS

12:17 | Permalink |

Stocks to Watch for June 13, 2013

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NetApp Inc. (NASDAQ:NTAP) is on my watchlist for a breakout. Set an alert and keep a close eye on this one. Resistance for the breakout move is $39.15. Technicals are Bullish. OBV is rising and MACD still above 0. In addition, both 50-day EMA and 200-day EMA are both rising, showing the stock would be in bull market for a while.

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Procera Networks Inc (NASDAQ:PKT) retests the support of its 50-day EMA and closed at $13.73 with low volume, so I think we could see a bounce to $14+ in the near term. As long as the Chaikin Money Flow is positive, the stock is considered to be in an uptrend.

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Level 3 Communications, Inc.(NYSE:LVLT) broke down below its 50 & 200-day exp moving averages on decent volume. With the trend reversing, if it breaks below the next pivot point level, then the stock price could spiral downward.

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Citigroup Inc (NYSE:C) stock price is clearly in short-term downtrend. There are no signs of a recovery yet. Technical indicators are showing bearishness with MACD positive, but falling rapidly below its signal line and the RSI has slipped below its 50% level. We could see a test and possible breach of the 50-day EMA.

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: C, LVLT, NTAP, PKT

23:04 | Permalink |

Stocks to Watch for June 10, 2013

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Procera Networks Inc (NASDAQ:PKT) has been under the radar for the last several weeks and appears that the stock still has more fuel in its tank for a move higher. The start of 2013 was not particularly well for PKT as its shares slid from around 19.67 to a low of 10.12 on February 22. From that point, the stock was able to pick itself up all the way back to 15, with a huge gap up on good earnings. After that, the stock has been consolidating above its short-term exponential moving averages inside an ascending triangle with resistance at 15.13. If the stock breaks out of the ascending triangle, target price is at 17.10. I'm seeing a huge upside potential of PKT. The company's stock was recently upgraded by Needham to Strong Buy from Buy and a $20 target. Keep it in your radar.

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Bullish flag on Liberty Interactive (NASDAQ:LINTA) after breaking out. As long as the stock holds above the previous high, the entry on LINTA is 23.5 on heavy volume.

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JDS Uniphase Corp (NASDAQ:JDSU) broke out on Friday and still looks good here for higher prices. The stock could be bought again as it breaks over 15 on heavy volume.

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SanDisk Corporation (NASDAQ:SNDK) is holding up well here. The technical buy point is as the stock moves over 60.28 on heavy volume.

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Spirit AeroSystems Holdings, Inc. (NYSE:SPR) still looks pretty good. Sold off some but the stock remains near the highs. If it continues to the upside next week and more volume comes in, I would buy it. Stop loss 20.48

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Benchmark Electronics, Inc. (NYSE:BHE) is still consolodating here. The buy point will be at 19.97 on heavy volume.

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Facebook Inc (NASDAQ:FB) may encounter here a temporary breather as it looks oversold considering it was in downtrend since last 6 weeks. Last Friday, the stock was bought up, but there wasn't much volume on the buy up. However, I think the stock may bounce back from current level to around 24-24.2 in short term. Stop loss at 22.6 recommended.

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: BHE, FB, JDSU, LINTA, PKT, SNDK, SPR

09:14 | Permalink |

AC Investor Blog

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

Wednesday, May 21, 2014

Stocks to Watch for May 22, 2014

Friday, April 18, 2014

Stocks to Watch for April 21, 2014

Thursday, November 14, 2013

Stocks to Watch for November 15, 2013

Tuesday, September 10, 2013

Stocks to Watch for September 11, 2013

Tuesday, August 20, 2013

Stocks to Watch for August 21, 2013

Thursday, July 04, 2013

Stocks to Watch for July 05, 2013

Saturday, June 22, 2013

Stocks to Watch for June 24, 2013

Wednesday, June 12, 2013

Stocks to Watch for June 13, 2013

Saturday, June 08, 2013

Stocks to Watch for June 10, 2013

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