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Thursday, March 28, 2013 

Here are a few setups to watch next week

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NVIDIA Corporation (NASDAQ:NVDA) confirmed my previous analyse and broke decisively above its 200-day MA today. From here we can expect a run to the 13 area and from there we could see an explosive upsurge to $13.5 and better. Daily technical indicators are turning up. Hold with a stop at the level of the 50-day MA. Add more on a convincing break out above the 13 level. Long setup.

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Rite Aid Corporation (NYSE:RAD) is setting up nicely to break into new highs. Buy point would be on the day it blows through $1.95 on heavy volume.

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Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) STRONG breakout of resistance on volume confirmation. The triangle on chart represents a consolidation/rest after an advance. The breakout signals a continuation of the prior advance. As long as 4.75 holds, this breakout is in great shape.

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Astex Pharmaceuticals, Inc. (NASDAQ:ASTX) had good volume and a nice candlestick on Thursday. Daily technical indicators are bullish. The MACD is positive and has crossed above its signal. The RSI and slow stochastic have climbed above their 50% levels. Breakout watch over 4.58 

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Radian Group Inc (NYSE:RDN) had a nice surge a few weeks ago and has been consolidating that move since then. Looking good for higher prices, watch for break above consolidation area and go long.

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Vringo, Inc.(NYSEAMEX:VRNG) Rallied hard Thursday on heavy volume. If it clears back over 3.43 (50-day MA), may have some good upside.

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Sprint Nextel Corporation (NYSE:S looks ready to make new highs. On the technical side, the chart looks very good here. MACD is positive and above its rising signal line. The 9 day and 20 day SMAs are both rising with the stock trading above them. Breakout watch over 6.22

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Active Network Inc (NYSE:ACTV) looks like it may have found a bottom already, keep on watch. 

Happy Easter for everyone !! 

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

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22:50 | |

Saturday, December 29, 2012 

Stocks to Watch for next week

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Riverbed Technology, Inc.(NASDAQ:RVBD) looks good for higher prices. After a nice consolidation, I believe the stock is poised to break  next buy / add area (200-day moving average) and back over the $20 level. Short term indicators are positive. A buy signal would be given on a break above resistance at 19.84, with the next resistance then at 20.09, 20.45 and 21.02. Support is at 19.01 and 18.61

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American Axle & Manufact. Holdings, Inc. (NYSE:AXL) touched the 200-day SMA once again on Friday where it was quickly bought up. From a technical perspective this is a good sign of institutional support. I believe the stock should begin to move up quickly, once it clears the area of congestion that its currently in. I'll use a buy stop to buy this at $11.

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I hesitated to mention Hanwha Solarone Co Ltd (NASDAQ:HSOL) on twitter but the stock cleared back over the 50-day SMA on heavy volume Friday, while most of the market was falling. So I think it deserves a mention. Daily MACD gave a buy signal, while RSI and stochastics have turned up. Good long setup, if it takes out the 200-day SMA on volume.

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Radian Group Inc.(NYSE:RDN) Good winner this week. Looks really good making new highs on volume and holding the breakout. Next buy area when clears 5.82 on heavy volume.

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GT Advanced Technologies Inc (NASDAQ:GTAT) is starting to stabilize. If the market shows a little bit of optimism the stock could bounce back up to its 20-day moving average at $3.20. Short interest hit a new high on December 14 at 38.050.165 shares. Short ratio is about 9 to 10 days.

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Amarin Corporation plc (NASDAQ:AMRN) is very oversold and if the stock can hold the $7.60 price line may be a good bounce play.

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

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09:31 | |

Wednesday, December 26, 2012 

Thursday December 27th watchlist

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Radian Group Inc. (NYSE:RDN) breakout with strong volume today, most likely has a few more moves in it. I'd wait for a pullback for a better entry point. Short term technicals are positive. CMF, RSI, MACD, and stochastics are rising.


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Rite Aid Corporation (NYSE:RAD) on breakout mode, a bit extended here so be careful on it. I would wait for a pullback to get on board, ideally to the 200-day moving average which is now at 1.30

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Zynga Inc (NASDAQ:ZNGA) 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 2.45 to take the stock towards the target of 2.7 with stop-loss at 2.1

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Amarin Corporation plc (NASDAQ:AMRN) seems to be showing signs of bottoming at current levels. Due to the oversold reading on technical oscillators a bounce should be taken into account any time now.

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Career Education Corp. (NASDAQ:CECO) is currently into a consolidation phase, but has been comfortably placed above the 50‐day moving average. Short term indicators are positive. A close above 3.55 would confirm an end of the consolidation phase and would signal a fresh breakout for target of 4.

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

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22:31 | |

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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