AC Investor Blog

Swing Trade Ideas for the coming week

Apologies for the lack of blog updates in the past couple of weeks. I will try to be more consistent in posting but make no promises. Managing family time on weekends with markets, it's not easy.

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I still own some bitcoins. The chart pattern is compressed and Bitcoin is coiling up for a larger move. Breakout watch over 17400

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In the short-term, Bank of America Corp (NYSE:BAC) is extremely oversold and sentiment is negative. It can be very hazardous to sell into this condition. The stock opened Friday`s session at $32.11 and intra-day was ranging at 32.60-32.08 ending the session with a small loss of 0.18%. I think the stock looks ripe for a rally from extremely oversold conditions.

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PayPal (NASDAQ:PYPL) is this a bullish flag 4 hour chart? Some positive divergences in the chart showing up. Only a close above the 75 level would confirm this view. The underlying primary trend remains down. I like Paypal at current levels (we are at 2018 levels).

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Chemomab Therapeutics Ltd (NASDAQ:CMMB) witnessed a follow-up buying with a surge in volume like in late May/early June. This could be the start of a nice rebound! With small cap stocks history tends to repeat itself. If you follow the market long enough and study the small cap stocks closely you can find many consistencies, the trends, and other helpful signs that can help you turn a profit. Watch the break of 2.50 next week for a potential new explosive move to the upside.

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SINTX Technologies Inc (NASDAQ:SINT) Over the past 4 weeks we've rallied up to 0.145 and now back down to 10c forming the right shoulder of the Inverted Head and Shoulders pattern. It has the potential to break out, as this is one of the most reliable trend reversal patterns. The stock price declined by approximately 80% over the last 3 months. Despite the significant losses, the stock seems to be developing a reversal pattern that could see its price improve. A decisive close above the $0.14 resistance level could push this penny towards 35c. When it comes to penny stocks, nothing is impossible, look what happened with AMAM on Friday with a 1000% gain.

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Digital Brands Group Inc (NASDAQ:DBGI) closed back above the downtrend line from mid-Nov highs on the hourly chart to confirm the bullish momentum divergence. The stock needs to break Friday's high of $4.4 to expect a strong rally at this point. Low float former runner.

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Mullen Automotive Inc (NASDAQ:MULN) is still in bottoming mode it looks like. The daily technical indicators are looking better now for the stock. A reversal may be on the way. Only a close below 18c will invalidate the current potential bottom scenario.

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Treasure Global Inc (NASDAQ:TGL) Basing. Breakout watch over 2.21

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I like Lucid Motors (NASDAQ:LCID) for a bounce play over 8.84 if the market gets a relief bounce.

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Smartsheet Inc (NYSE:SMAR) flagging. Breakout watch over 38.51

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Zeta Global Holdings Corp (NYSE:ZETA) is setting up to break out and has one more level to go, which is $9.23

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: AMAM, BAC, CMMB, DBGI, LCID, MULN, PYPL, SINT, SMAR, TGL, ZETA

15:55 | Permalink |

A few setups for the upcoming days

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PayPal (NASDAQ:PYPL) is testing the 4 year uptrend line which is called the fabulous opportunity to buy. It offers the potential for a sharp counter trend rally. Paypal also had some recent news that could be viewed positively for the stock. PayPal and Venmo, the company’s popular consumer payments app, are rolling out a new way to charge for cryptocurrency transactions. I think the risk of continued downside, while obviously present, is a lot less than the possibility of a sharp oversold rally at this point. On Friday we saw some buying pressure for the first time in weeks. Buying stocks at or near their all-time lows, especially ones like this one that has not experienced much of a bounce recently, is a great way to find profitable trades. Plus, based on the extremely oversold readings, a bounce is becoming highly likely.

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Tesla, Inc. (NASDAQ:TSLA) Short-term trend remains neutral as price continues trading sideways inside a large trading range for the past three weeks or so. Once the trading range of $940-$850 is broken on a close basis we will see either a move towards $1000 or $760

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Blackberry (NYSE:BB) I really like this stock, although the price sits at 52-wk lows, I feel it deserves a much higher valuation. Considering how far the stock has fallen, a rebound could mean a big move up for this stock. Keep an eye on it.

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Mullen Automotive Inc (NASDAQ:MULN) I've been behind this stock for quite a while now buying dips, but never expected to see a close of 62c on Friday. I love the concept of the cars and the company itself, but man, how can a $15 stock drop to 60c in just 4 months without bad news? Nothing is certain in this market, but the $21M mark cap is insane for a company in this sector with a physical product. I still feel the best days for this stock have yet to come and that when investors finally catch onto this name it will ultimately trade for over $2 a share (at least) IMHO From a technical standpoint, this chart reminds me of XELA a few weeks ago. If the company is unaware of any business reason for the current decline of the Mullen stock price, patience is key for us.

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Nvidia (NASDAQ:NVDA) During the Friday selloff, bulls defended the rising 200 EMA, after a slight breach intraday. This is the key for the bulls and as long as the stock holds above that line the bulls remain in charge.

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Hookipa Pharma Inc (NASDAQ:HOOK) I think there is little doubt this stock will start Tuesday's session on higher ground. The stock has some impressive momentum going right now and there is really no telling when it will stop. Friday's high is the level to beat for the bulls.

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Bitcoin price is testing the upper line of the downtrend channel as I write. I would not consider this breakout a failure as long as the stock holds this support area.

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GoHealth Inc (NASDAQ:GOCO) is a candidate to be traded in breakout mode. The technical daily indicators are looking better for the stock with MACD indicator above its sell signal line, %K line on top of %D line and RSI indicator moving up from the 40 level. GOCO is one for the bottom pickers. Keep an eye for a possible breakout over $2.27

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LianBio (NASDAQ:LIAN) has recovered nicely and can potentially set-up very well for a swing-trade if the stock breaks through the resistance level at $5.17 There could be good upside in this trade, so watch LIAN closely on Tuesday.

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Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.

Thanks for visiting AC Investor Blog.

AC

Labels: BB, Bitcoin, GOCO, HOOK, LIAN, MULN, NVDA, PYPL, TSLA

16:56 | Permalink |

These are some setups for upcoming week

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The strong move in Sorrento Therapeutics Inc (NASDAQ:SRNE) shares was something that I tweeted Friday in pre-market as a potential big percentage mover. If you were following my twitter account you would have gotten the tweet when the stock was trading around 3.90. If you jumped in and booked your profits, congratulations. I sold all my old position, however it seems that we could see more gains going forward. Looking at the 5m chart the stock formed a trading range in the 6.5 to 7.5 region. A break up will bring the price to repeat the test of 9. Break down, will allow the bears to go to 5.74-5.33

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Forward Pharma (NASDAQ:FWP) This 6.29 stock was trading over 12.7 a share less than 3 weeks ago. That being said, and technically speaking, the odds suggest a bounce is in the cards next week. In addition, the stock has reached a major support level, where it bottomed out several times before. From a technical standpoint, the stock price is showing signs of a bounce and next level of resistance according to this 30m chart is at 6.40. The final hour bounce off the lows on Friday was a bullish signal and gave the bulls an indication that this bounce may be the start of something much bigger to come. You need to watch this stock closely on Monday because it could break resistance and rise to 7.2 range.

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Rallied hard Friday on heavy volume breaking several key resistances areas. If it clears back over 1.52 next week, may have some good upside. I tweeted the potential brekout on shares of Ibio Inc (NYSEAMERICAN:IBIO). Congrats to those who paid attention. Short-term technical indicators are strong.

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Francesca's Holdings Corp (NASDAQ:FRAN) is a stock I think deserves some watching over the coming sessions for a potential short-term reversal. Watching for $2.70 breakout. All key momentum indicators are in favor of an upward price movement. FRAN will move quickly, so keep it on your screen next week.

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Therapix Biosciences Ltd (NASDAQ:TRPX) There is a lot of volatility but the daily chart shows accumulation. Who is buying? Morgan Stanley reported a 5.1% passive investment last month. As i said several times, this stock should be trading abv 50c imho new CEO, different ideas, Nasdaq extension, offering closed. The company is on the turn-around and I expect the price to lead the charge. Im long.

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I have already outlined the many reasons why I like SG Blocks Inc (NASDAQ:SGBX) on Twitter. At 2.4 this stock, in my view, offers a tremendous opportunity to profit in the short-term. Yesterday, company tweeted that Osang Healthcare Co, the first South Korean testkit maker to receive authorization from the U.S. FDA, is ready to ship kits that can test 100 million people in the U.S. for Covid19 and SG Blocks is honored to be a distributor. Plus, in after-hours the company announced the closing of the issuance of an additional 900,000 shares of common stock pursuant to the exercise in full of the underwriters' over-allotment option in connection with its public offering that closed on May 11, 2020, which is a clear sign of investor interest. From a technical standpoint, MACD is starting to curl up, the grey histogram bars are starting to turn back to zero, showing that the recent downtrend is changing in the opposite direction. That trend change for SGBX is just getting under way. Yesterday, I increased my long position.

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PayPal (NASDAQ:PYPL) A bullish consolidation on the 4h chart, potentially offering a breakout opportunity.

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NovaBay Pharmaceuticals, Inc. (NYSEAMERICAN:NBY) I think I've been doing remarkably well spotting these small bottom charts lately. Is this the bottom? Thats always the risk, it could fall further, but from a technical perspective we could see here possible double bottom formation on hourly chart. In addition, MACD is also curling up and RSI is turning up below 50. Im still long.

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Novavax, Inc. (NASDAQ:NVAX) looks to be forming another bullish consolidation before more possible upside. The stock needs to digest the recent gains and work out the overbought condition with a correction or consolidation. Breakout watch over 46 SL 36

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Amyris Biotechnologies (NASDAQ:AMRS) successfully back-tested the recent breakout zone and bounced nicely. The stock has a bullish setup in play and as long as price holds $2.98 there is no reason not to be bullish here. Long setup.

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Vermillion, Inc. (NASDAQ:VRML) broke out of an important consolidation area with heavy volume and will likely have the attention of the swing traders in the next sessions. Buyable on any pullback to pivot.

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: AMRS, FRAN, FWP, IBIO, NBY, NVAX, PYPL, SGBX, SRNE, TRPX, VRML

21:11 | Permalink |

Stock watchlist for next week

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Cleveland-Cliffs Inc (NYSE: CLF) broke the neckline of a cup and handle formation on high volume. Any pullback to the 9.15-9.3 area, offers a low risk entry opportunity for these types of trending stocks. Long setup on watch.

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Energy Fuels Inc (NYSEAMERICAN: UUUU) caught my eye on Friday due to its bullish posture without looking overbought and overextended. It may be close to breaking to new highs again. The stock has been consolidating the past few days and just recently started inching above most of the consolidation zone. Volume is starting to pick up again and there could be a decent short squeeze if it clears the June high. Clearing $2.65 could be the beginning of a move to new highs. On watch.

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Gilead Sciences, Inc. (NASDAQ: GILD) Watch this bullish flag formation, with a buy stop at 78.17

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Riot Blockchain Inc (NASDAQ: RIOT) looks good over $6.67 on volume. The short-term uptrend is intact and signals further bullishness on this stock. The stochastics have turned up and RSI is now back in a neutral position. All short-term indicators are in upward path.

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My Size Inc (NASDAQ: MYSZ) Technical chart is showing a possible bottom here, %K line has crossed on top over %D line while RSI is still at oversold level and MACD crossing up. Watch MYSZ again next week, and once it breaks resistance at 92c we should see a strong upside move. You should keep this stock on your screen radar.

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SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) rallied to a new high. As long as the stock trades above $55 I will be looking for long opportunities.

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Apple Inc. (NASDAQ:AAPL) looks to be setting up for an upside move, as the stock has held up well the past few days. It is in the top of a short-term trading range. Resistance is $192.65. At this stage it is definitely a wait and see if the resistance will be easily taken out by the bulls. Stay tuned.

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Paypal Holdings Inc (NASDAQ: PYPL) shares may be in a consolidation phase following a nice trend. Looks like it will move up again. Keep an eye for a possible breakout over $89.19

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Dover Corp (NYSE: DOV) broke through resistance at $80.26, but was not able to gather must momentum. Wait a clear confirmation.

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Ekso Bionics Holdings Inc (NASDAQ: EKSO) has shown increased trading activity and signs of being under accumulation or being bought, by institutions. I truly believe that shares have room for a significant uptick beyond these levels. Technically speaking, the stock is setting up to move higher and could break the $2.20 mark anytime soon, something that could attract more traders to jump in and push shares even higher. Keep in mind, EKSO is a sympathy play of RWLK the stock that rose 68% on Friday.

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ContraVir Pharmaceuticals Inc (NASDAQ: CTRV) was over $1.75 last month and closed Friday at $.909. We could see a sharp rally out of these oversold conditions. I entered 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: AAPL, CLF, CTRV, DOV, EKSO, GILD, MYSZ, PYPL, RIOT, RWLK, SSNC, UUUU

17:54 | Permalink |

My Watchlist for Wednesday, December 14

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Adamis Pharmaceuticals Corp (NASDAQ:ADMP) surged 10% or 30 cents to $3.25 per share on unusual volume. If the stock continues to get attention, it could break the $3.73 level (EMA200) in the coming sessions, which would be a remarkable gain. Keep a close eye on the stock for the follow through move. Could be a high flyer on breakout. Among oscillators, the RSI and MACD are currently showing positive momentum.

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) had a remarkable rally Monday on solid volume. Watch this horizontal resistance line carefully here. A move above $1.47 could spark a nice short-squeeze. From a technical standpoint, the daily chart suggests that the reversal might have legs as MACD is showing a positive divergence.

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Paypal Holdings Inc (NASDAQ:PYPL) watch for a possible breakout of current consolidation.

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Southern Co (NYSE:SO) showed buying strength all day and has regained the EMA200 for the first time in over 6 weeks. Could accelerate toward 50.5 zone if it breaks the declining EMA100.

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Cemtrex Inc (NASDAQ:CETX) Strong rally on volume today. Watch this one tomorrow as it approaches a major resistance area. All technical indicators are looking bullish.

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Hertz Global Holdings, Inc (NYSE:HTZ) bounced strongly today off the 22.50 level and there looks to be enough momentum to carry it back above 25.50 again. On watch.

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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: ADMP, ARNA, CETX, HTZ, PYPL, SO

22:39 | Permalink |

My Watchlist for Monday, December 12

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Shares of Paypal Holdings Inc (NASDAQ:PYPL) have witnessed a price breakout on daily chart from the downward sloping trend line. The stock needs now to break and close above the 39.92 level, the declining EMA50, to confirm further upside move and the continuation of the bullish outlook. Also indicators are starting to turn up or positive. MACD has flashed a buy signal, while the RSI is indicating a break from the downward sloping trendline, which adds to the current bullish view. Based on the explanations above, i prefer to long the stock above 40 targeting 41.2 level and 42. Stop loss below 38.65

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Last week, the stock price finally broke and closed above the important resistance zone around 112. AAPL should have more upside from here, as long as the market does not put any downside pressure on it. Daily technical indicators are looking bullish. The MACD is rising above its signal line and is about to enter positive territory, while RSI continues to rise within bullish territory above 50 line. The Bulls seems to be in control.

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Opexa Therapeutics Inc (NASDAQ:OPXA) ended the week with a bang on Friday. The stock exploded from a low of 91c to a high of $1.48 for a nice intraday move of 60% and traded a record-breaking volume of $10.2 Million. Congratulations to all my readers and twitter followers that played Thursday's alert and pocketed some nice gains. For those of you that will be celebrating this weekend, I would like to present this chart of another low float stock that could see a nice bounce in the week ahead. Windtree Therapeutics Inc (NASDAQ:WINT) has given a trend line breakout on daily on closing basis, which confirms the bull trend in the short-term heading for immediate target of 2.02-2.17 levels. Oscillators like Slow Sto, MACD and RSI too supports bullish momentum.

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SYSCO Corporation (NYSE:SYY) hit a new 52-week high Friday, trading as high as $55.28, before settling at a close of $55.15. The stock broke a bullish flag formation and will be watching it on Monday, looking for a follow through move. As long as the stock stays above the rising EMA20, the bullish scenario still intact. Technical chart shows very strong bullish sign.

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ProNAi Therapeutics Inc (NASDAQ:DNAI) Friday's candle closed back above the EMA50 for the first time in months on above average volume and I expect to see a continuation move next week. The daily technical indicators are reversing up and are advocating for a technical rebound.

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Ionis Pharmaceuticals Inc (NASDAQ:IONS) has been in a beautiful uptrend move since beginning of November. Considering the strong momentum in the past weeks the stock price looks set to break higher and rise above the recent high of 48.60. On watch. Use the $40 level as a stop-loss.

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Kroger Co (NYSE:KR) share price continues to show lot of strength. Over $34.95 would be buy trigger.

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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, DNAI, IONS, KR, OPXA, PYPL, SYY, WINT

23:14 | Permalink |

AC Investor Blog

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

Sunday, December 11, 2022

Swing Trade Ideas for the coming week

Sunday, February 20, 2022

A few setups for the upcoming days

Saturday, May 16, 2020

These are some setups for upcoming week

Saturday, July 21, 2018

Stock watchlist for next week

Tuesday, December 13, 2016

My Watchlist for Wednesday, December 14

Saturday, December 10, 2016

My Watchlist for Monday, December 12

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