AC Investor Blog

Stocks to Watch for December 19, 2019

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Atossa Genetics Inc (NASDAQ:ATOS) had a nice move Thursday on above average volume and I expect to see a continuation move today. With the 100-day EMA sitting close to $1.73 and the 200-day EMA over $1.99, this stock has a lot of room to run on any rally. The technical indicators are reversing up and are advocating for a technical rebound. Long setup on watch.

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The money seems to be flowing into ShiftPixy Inc (NASDAQ:PIXY) again as indicated by the OBV. With no clear resistance between $8 and $12, a break above the $7.99 level (Wednesday's high) can see the stock trade in the $10 area pretty soon. Keep this stock in your watchlist.

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McDermott International, Inc. (NYSE:MDR) broke above the key resistance line of this sideways pattern on a move up 30 cents to $1.08. A move above 1.14 would confirm the breakout with the next target of 1.45 and then 1.57. From a technical standpoint indicators are looking slightly Bullish. The MACD indicator is above the signal line but rising in negative territory. The Slow stochastic and RSI are well inside their Bullish regions. A stop loss should be placed at 87c.

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New Age Beverages Corp (NASDAQ:NBEV) should get some action today after the company's Director HAAS TIMOTHY J reported a big insider purchase of company stock. A break and close above 1.98 could likely lead price to rip up to 2.45

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LMP Automotive Holdings Inc (NASDAQ:LMPX) May have put in a short term bottom. MACD on 30m chart is showing signs of a stabilization. I'm stalking this stock to see if it clears the $24 level again.

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Akers Biosciences Inc (NASDAQ:AKER) Daily Technical indicators are displaying positive divergences and I think we could see a strong reversal over the coming days. The stock price sits right at its 52-week low and has fallen from over $15 a share to the current $3 price. Yesterday's heavy volume could be signaling a temporary bottom.

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The chart of Rite Aid (NYSE:RAD) caught my eye today. On the above technical chart, we can quickly see that the stock is forming a descending channel waiting to be broken. A breakout from the upper trend line of the channel can trigger a sharp upside move towards 9. 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: AKER, ATOS, LMPX, MDR, NBEV, PIXY, RAD

11:45 | Permalink |

Stocks to keep an eye on Friday, January 12

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Rite Aid Corporation (NYSE:RAD) showed some strength on Thursday and closed nicely above the 2.27 resistance level on solid volume. This could be a significant turning point for stock.

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The money seems to be flowing into One Horizon Group Inc (NASDAQ:OHGI) as indicated by the OBV indicator on daily. With no resistance between $2 and $2.78, a break above the $1.75 area can see the stock trade in the $2 area pretty soon. Im long and strong with a stop around the 1.38 area. The key technical daily indicators have also begun to turn bullish, with key EMAs displaying a golden-cross following today's move. Have this on your watchlist.

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Caterpillar Inc. (NYSE:CAT) remains very strong on charts. She's extended but no one seems to care. I would wait for a little more consolidation before jumping in, but it looks like CAT is a stock to keep an eye on for awhile. So, I will be watching her carefully for any possible opportunities.

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Sociedad Quimica y Minera de Chile (NYSE:SQM) broke out to new 52-week highs today. The stock which has doubled since July of last year is positioned for more upside. As long as the stock price stays above $60 area, the bullish scenario is still intact.

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Iconix Brand Group Inc (NASDAQ:ICON) attempted to breakout but did not succeed. A breakout from this bottom zone will give an excellent opportunity for traders to pick up long positions. Breakout watch over 1.36 (unusuall call activity detected today).

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Short covering in some China stocks produced some strong gains on Thursday. Shares of KBS Fashion Group Ltd (NASDAQ:KBSF) broke through resistance at $5 and closed above the downtrend line for the first time since November. Going forward the next levels to watch above are seen at 6.24 and 7

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Myomo Inc (NYSEAMERICAN:MYO) is setting up for another run. Lets see if it breaks and closes above the EMA50. Long set-up 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: CAT, ICON, KBSF, MYO, OHGI, RAD, SQM

22:02 | Permalink |

Stocks to keep an eye on March 30, 2015

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BlackBerry Ltd (NASDAQ:BBRY) posted better-than-expected quarterly earnings yesterday, showing clear signs that its turnaround efforts is giving the first results even with less revenue. They are doing a great job avoiding any cash burn during the business transition. The best part of the report in my opinion was the software revenue that rose 20% from a year earlier, offering signs of the ongoing transition to a more software-driven revenue stream. In addition, the company reported positive cash flow of $76 million in the quarter and its cash position is now $3.27 billion. I continue to believe in Blackberry and in its management, I don’t care about what some analysts are saying due to its conflict of interests. My long term investment requires patience but it will pay off someday. I want to double my money in this one as I have been saying for weeks on twitter. Im very familiar with Blackberry products and all its features, therefore I know in what im currently investing. I could be wrong, I could lose my money but the risk/reward it seems favorable to me. John Chen is doing the same work in controlling operating expenses and eliminating its cash burn like he did at Sybase in the beginning. Im here for the long run. From a technical standpoint, the chart is displaying positive divergences on momentum indicators and with the stock oversold, these are the perfect conditions for a short-term rally IMHO. The RSI has reversed the course and the daily MACD is starting to curl up, suggesting that a positive crossover could be coming soon. I would look for a move up to $10.06 resistance soon.

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Facebook Inc (NASDAQ:FB) On the daily chart price has back tested successfully the breakout zone. Let's see if the price can hold above this key support area next week and move higher.

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Rambus Inc. (NASDAQ:RMBS) has a very interesting daily chart and could have a bigger move soon. The break of the next key resistance line with heavy volume should be the next buy point on Rambus. If it clears resistance at $12.88, the move may be powerful. Despite recent decline, the daily RSI remains above 60 levels and may support the bullish argument here. Additionally, the A/D line still show the stock is on the positive swing. On watch.

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Rite Aid Corporation (NYSE:RAD) looks like it's getting ready to move. The price broke through its previous resistance point of 8.48, made a new 52-week high but failed to close above, however this was the first signal that I was looking for since a while. On the grand scale, in white, you will see a large cup and handle pattern and if broken the target will be around $12. Next key resistance is now located at $8.73 (yesterday's highs), a break above this level will confirm the bullish trend and the following uptrend will take price up to $9 zone.

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Ibio Inc (NYSEMKT:IBIO) should see some trading activity on Monday as investors interest continues to increase after yesterday's Reuters news wire: British Ebola patient cured after experimental treatment. MIL 77 is a close relative of another experimental medicine ZMapp. Resistance for the move is 78c (100EMA). This stock will move quickly and is very volatile, so be careful with your share size and entry price. I bought some shares on Friday..Let's see..This chart definetely looks like a bottom chart to me.

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I've been stating fordays that King Digital Entertainment PLC (NYSE:KING) was trying to bottom. Last week the stock resumed a fresh up move after 2 weeks of consolidation and seems poised for a breakout above the 16 mark. On the grand scale, we can also see that there is also a Bullish inverted head and shoulders pattern developing with the neckline around 16.10. The recent high volume along with positive crossover of MACD on the daily charts suggest fresh buying interest in the stock. I'm Bullish on KING.

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) had a signficant pullback last week that was stopped by its 50-day EMA at 10.62. Price needs to hold this key support area and break out above the 20-day EMA at 12.24 for a potential short-term uptrend move. The daily momentum indicators are showing mixed-signals with a positive bias.

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Twitter Inc (NYSE:TWTR) Price has been having wild swings since it broke the $50 level. The outlook remains positive supported by the EMAs and momentum indicators. Watch for a break out back above the 51.87 level which is Wednesday's high.

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Sirius XM Holdings Inc. (NASDAQ:SIRI) has been in correction mode the last couple of weeks. It needs to sustain above $3.81 to make a move to its recent high of $4.04. If it does not catch support here, look for support at the 100-day EMA at 3.70. On a short term basis, MACD and RSI show bearish signs.

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From my point of view, I think Kite Pharma Inc (NASDAQ:KITE) may break down here. Up/Down volume pattern indicates that the stock is under Distribution IMHO. The stock price closed fractionaly last week above the major support at $58, but any close below this level could have further negative implications for the stock, and a move to $50 cannot be ruled. At this time the price is still trading below short-term EMAs. In addition, falling MACD, now below 0, also indicates bearish trend. Fresh long positions, should be initiated only when the stock moves above $65.

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, FB, IBIO, KING, KITE, RAD, RMBS, SIRI, TWTR, ZIOP

15:05 | Permalink |

Stocks to Watch for October 29, 2014

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I'm keeping an eye on Image Sensing Systems, Inc. (NASDAQ:ISNS) for a breakout above its 50-day EMA located now at 3.27. A break of this flag/pennant pattern could move the stock towards the $4 level. The stock looks pretty good holding above its 13 and 20 day exp moving averages. The 9 day EMA also just crossed above the 13 day EMA which is another positive bullish signal I use. A successful breakout over 3.27 would have an estimated target of $4. Don`t miss the run higher. This is a hot stock to watch.

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Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) could breakout again at any moment ! Next buy point when clears 121.43 on heavy volume.

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AMAG Pharmaceuticals, Inc.(NASDAQ:AMAG) Flagging here. Watching over 34.50 to see if any reaction.

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Walgreen Company (NYSE:WAG) has been in a strong upwards trend the past few days and looks ready to continue this move. The technical chart above suggests that stock might find now resistance at $65.19. Only a close above this level would suggest further upside.

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Rite Aid Corporation (NYSE:RAD) Bullish engulfing bar today, more upside to come IMHO. Next buy when clears the $5.17 level on heavy volume. We start to see now some signals of rebound as the technical chart above shows positive momentum is back. Stop 4.74

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Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) has the perfect set up to make a nice run here. The break out point would be at $6. From a technical standpoint, the stock is trading above 20/50-day and 100-day EMAs with all short-term moving averages pointing upwards. In addition, the daily MACD indicator is back above signal line also indicating a buy. Stay tuned.

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: AMAG, ARIA, ISNS, RAD, ULTA, WAG

21:53 | Permalink |

Stocks to Watch for March 13, 2014

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Cell Therapeutics Inc (NASDAQ:CTIC) has sustained a nice up move since the beginning of February and looks ready to break out into new-high territory. The short-term trend shows a very bullish higher tops and higher bottoms pattern which is a bullish signal. Considering the current price swing this stock has potential to break out above the key resistance line at 4.25.

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Rite Aid Corporation (NYSE:RAD) had a strong upward jump today on strong volume which broke over the expected resistance of 6.75 to 6.87 zone. Watch for a follow through day and consider a stop loss just below the most recent bottoming level around $6.38.

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AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) Daily A/D shows a very strong accumulation. It may be ready to break out of this consolidation. If the stock price breaks out it could easily rally to my first target of $2.20. Keep AVEO on your radar !

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Valero Energy Corporation (NYSE:VLO) broke out to an all-time high on strong volume. Long.

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Zynga Inc (NASDAQ:ZNGA) is still holding up well and the stock has a chance to move higher. Keep this one on your watch list, it could be setting up to break out of this flag.

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Chimera Investment Corporation(NYSE:CIM) Bullish Engulfing candle today on strong volume. The stock broke through its short term resistance level of $3.13 and looks ready to go higher. Waiting for a break above the 3.20 level for a long position.

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: AVEO, CIM, CTIC, RAD, VLO, ZNGA

21:59 | Permalink |

Stocks to Watch for October 18, 2013

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NQ Mobile Inc (NYSE:NQ) broke out to new 52-week highs today. I am expecting to see the stock continue this move on Friday. As long as the stock stays above its 50-day exp moving average the bullish scenario is still intact. Technical chart shows bullish sign with %K line on top of %D line and MACD on top of signal line. Long setup.

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Facebook Inc (NASDAQ:FB) breakout with decent volume today, most likely has a few more moves in it.

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Krispy Kreme Doughnuts (NYSE:KKD) Good long setup (Inverted Head & Shoulders pattern), if it takes out the 23.53 level on volume.

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Short covering in some rare earth stocks produced strong gains in Avalon Rare Metals Inc (NYSEMKT:AVL) stock, that closed above its short-term exp moving averages on solid volume. This could be a significant turning point. On watch.

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Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) performed well today, closing up 3.7% on no news. Daily technical indicators are showing signs of turning around, which suggest a near-term bottom, including large positive divergences on MACD, Stochastics & RSI in daily. If the potential buy signal confirms itself, I will be looking for a move to the resistance area at 3.28-3.5 at the very least.

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Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) is another Biotech name that looks poised for bounce from bottom. Daily RSI starting to turn up from deep oversold levels. I think short term the stock will break back over $5.

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Royale Energy, Inc. (NASDAQ:ROYL) starting to get some momo once again. In my view, the stock has formed a bottom in short-term and I expect a move past 2.76 to take the stock towards the target of 3.10 with stop-loss at 2.41. The daily technical indicators are looking mildly bullish. RSI is moving up and the MACD has a bullish crossover. Let's keep an eye on it.

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After consolidating sideways the last few days with an upward bias, Rite Aid Corporation (NYSE:RAD) broke out upwards today, accompanied by a volume surge. Looks good 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: ACHN, ARIA, AVL, FB, KKD, NQ, RAD, ROYL

22:42 | Permalink |

Stocks to Watch for September 6, 2013

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Himax Technologies, Inc. (NASDAQ:HIMX) Three strong days in the stock have produced a breakout on the chart. Pullbacks to 8 are buyable. For those of you who do not follow me on twitter, I tweeted HIMX at $7.85

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The chart of Universal Display Corporation (NASDAQ:OLED) caught my eye today. On the above technical chart, we can quickly see that the stock is forming an ascending formation waiting to be broken. A move above the triangle (38.1 levels) can trigger a sharp upside move towards 40. The money seems to be flowing into the stock as indicated by the technical indicator OBV. OLED is also a short squeeze candidate, with a short float at 25% (equivalent to 7 days of average volume). Since the trend prior was bullish, the breakout is likely to be to the upside.

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DryShips Inc. (NASDAQ:DRYS) breakout on volume today. The stock has been is on a remarkable run since July and it does not looks like the trend will change soon.

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Rite Aid Corporation (NYSE:RAD) For a buy entry, the stock needs to take out 3.62 in order to convince bullish buyers at these levels.

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Vale SA (NYSE:VALE) Starting to look strong again. Next buy area when clears the 16.09 level on heavy volume. The MACD has crossed above its signal and reversed its falling trend. RSI is moving up and CMF is positive.

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Itau Unibanco Holding SA (NYSE:ITUB) surged for the sixth straight day by adding 3.17% or 39 cents to $12.68 per share. Momentum indicators are bullish now with RSI inching away above the middle level and with MACD crossing above signal line. Price is expected to at least rally the next resistance at $13 and even go higher to test the next resistance level at $13.40

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: DRYS, HIMX, ITUB, OLED, RAD, VALE

22:59 | Permalink |

AC Investor Blog

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

Thursday, December 19, 2019

Stocks to Watch for December 19, 2019

Thursday, January 11, 2018

Stocks to keep an eye on Friday, January 12

Saturday, March 28, 2015

Stocks to keep an eye on March 30, 2015

Tuesday, October 28, 2014

Stocks to Watch for October 29, 2014

Wednesday, March 12, 2014

Stocks to Watch for March 13, 2014

Thursday, October 17, 2013

Stocks to Watch for October 18, 2013

Thursday, September 05, 2013

Stocks to Watch for September 6, 2013

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