AC Investor Blog

Several charts to watch this coming week - Happy Easter Everyone !!

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Are you seeing what im seeing? Dropcar Inc (NASDAQ: DCAR) sees accumulation and signs of major breakout opportunity. The stock has been showing higher lows on the hourly chart and the accumulation indicator is clearly showing that money has been moving into the stock.Plus, MACD has a bullish crossover. Technically speaking, it has several favorable indicators and chart patterns suggesting an increase in shares could be on the horizon in the near-term. Traders could look for a move above $2.2 as a signal that the stock could take off and surge to higher levels targeting the $2.8-3 area. I entered long last week.

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YY Inc (NASDAQ: YY) Stalking. Consolidation at highs continues, 88.78 resistance higher. As long as the stock holds above the rising EMA20 support level the intermediate-term picture should remain positive.

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Renren (NYSE: RENN) Nice jump out of the bull flag on Friday. Technicals look good. Watch for a good follow through day next week.

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Riot Blockchain Inc (NASDAQ: RIOT) had another very productive day as we saw gains of over 10%. Watch for a break of 5.42 to continue the uptrend. The medium-term trend is bullish as the stock is above 20/50/200-day exp moving averages with all moving averages going up. You should watch this stock closely on Monday.

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AMD (NASDAQ: AMD) It will be very interesting to see how this chart resolves next week. This stock has been basing in a very tight consolidation pattern and has been doing it on low volume, a buy now may be a bit early as a lot of resistance but a breakout would potentially move to the 30 level. Watch the break of the pattern and play accordingly.

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Daxor Corporation (NYSEAMERICAN: DXR) The chart indicates that stock seems to be stabilizing and has formed a falling wedge pattern, which is bullish. The volume has been quite modest for this name, and looking at the extreme oversold readings of the RSI could power a rally that I think is coming. The stock will now be facing some resistance around $10. A close above this area will be very bullish and send the stock to next resistance area at $13

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Deere & Company (NYSE: DE) Nice breakout on expanding volume last week. The uptrend is intact and signals further bullishness on this stock. I think it is a buy on any dip with a stop loss placed under the breakout point.

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Blackberry (NYSE: BB) has been pulling back in recent times and is currently trading sideways while MACD Hist is displaying an interesting positive divergence. I still think this is a nice LONG setup. The stock continues to play with its rising 50-day exponential moving average line. From the other hand, and fundamentally speaking this company continues to advance new technologies and is set to become a major force in autonomous driving, dont doubt about that. For me, John Chen is one of the most smart businessman that i know. Im long and strong on Blackberry since a long time.

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Zynga (NASDAQ: ZNGA) bounced strongly Thursday on heavy volume putting bulls back in the game. The stock is building a nice Bullish pattern under resistance at $5.55. Watch for a break through that price level to indicate that another push higher will occur.

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J. C. Penney (NYSE: JCP) is still holding up well here and the stock has a chance to move higher. Looking at the positive divergence on MACD Hist stock may break this resistance line soon. Definitely on watch.

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Boxlight Corp (NASDAQ: BOXL) has been is on a remarkable run and it does not looks like the trend will change soon. On Thursday, the stock broke out above a key resistance area making a four month high on volume above average. The high of the day was $4.45, which is resistance for the continuation move.

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OUTLOOK THERAPEUTICS, INC. (NASDAQ: OTLK) Need to see further upside confirmation tomorrow before adding to current position. The stock completely changed my point of view closing the week well positioned to start a bounce. Chart is displaying a buy divergence on the upside. So, next week keep an eye on OTLK for a possible breakout over $1.69 on a close basis.

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: AMD, BB, BOXL, DCAR, DE, DXR, JCP, OTLK, RENN, RIOT, YY, ZNGA

22:13 | Permalink |

My Watchlist for the first week of October

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Calithera Biosciences Inc (NASDAQ:CALA) Looks setup for a potential upward move. This stock could be considered one of my favorite plays for Monday, as the chart structure suggests that a huge breakout could be on the horizon. CALA has been basing for a long time, but Friday's close on volume increase could have signaled a shift in the trend. It has witnessed phenomenal gains in valuation when volume enters, so put this small bio tech stock on the top of your list for Monday Morning. If a breakout occurs on volume, we could see a fast move up to $4.20 initially.

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PTC Therapeutics, Inc. (NASDAQ:PTCT) Good break higher Friday on very strong volume surge, clearing the prior highs and the declining 200-day exponential moving average. Stock has not traded at this level since March. Friday's high is resistance for a follow through move next week, a break above this level will confirm the bullish trend and the following uptrend will take price up to $16 zone.

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IntelliPharmaCeutics Intl Inc (NASDAQ:IPCI) Low volume pullback. Moving up after testing the rising 20-day EMA. Looking good technically right here. The Accumulation/Distribution line clearly shows lots of accumulation recording a five month high. The stock may attempt to go higher from here. If the near-by support at $2.01 (13EMA) holds up next week, a rally up to the $2.34 level is probable or even possible. Only a close below the $2 price level would negate the positive outlook. From a technical standpoint, IPCI is my momentum alert with huge Potential.

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Walter Investment Management Corp (NYSE:WAC) Stock has made an awesome run since the beginning of August. Although it did not perform well this year, we start to see some signals of rebound as the technical daily chart shows positive momentum is back. I'd look to the $4.20 level as the next buy point. If it passes that on high volume, then we have room to run to next resistance at $5. Let’s keep an eye on WAC.

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Resolute Energy Corp (NYSE:REN) Renewed buying pressure last week sent shares to fresh all time highs as shorts continue to be squeezed out. If the stock can break Friday’s high of $26.50, we should see a follow through move.

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Renren Inc (NYSE:RENN) looks strong enough to move forward. It's displaying a short upside momentum and is poised to move higher from these levels. Short-term traders could go long once the share price moves above $2.10

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I continue to watch Tokai Pharmaceuticals Inc (NASDAQ:TKAI). The volume is still large so the stock could potentially break out again at any moment. Further rally could be seen to retest $1.85 short-term resistance. As long as the stock stay above the rising 20-day EMA, the bullish scenario is still intact. Accumulation on charts is rising and steady.

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Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH) After taking a breather early this week, the stock broke out on Friday on heavy volume making a new 52-week high. I'll be watching the stock on Monday, looking for a follow through move. As long as the stock stays above $21.42, the bullish scenario still intact.

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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: CALA, CQH, IPCI, PTCT, REN, RENN, TKAI, WAC

17:51 | Permalink |

Stocks to Watch for February 19, 2014

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Renren Inc (NYSE:RENN) was one of the big winners on Tuesday. The stock broke out from a sidewards movement with huge volume, creating a significant amount of bullish potential. Looking at the chart the stock has just entered into a bull market as the stock is on top of 50-day and 200-day exponential moving averages. Other technical indicator such as MACD, is above 0 showing positive momentum. The stock hit a high of $3.78, which is resistance for Wednesday’s move. Keep it on watch.

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BG Medicine, Inc. (NASDAQ:BGMD) displayed some impressive relative strength with a 7.50% gain. On the technical side, MACD and stochastics all point to upward trend while RSI is also rising. The stock broke and closed above resistance at $1.27 and should continue to move. BGMD has a lot of upside potential, so watch it closely on Wednesday.

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BlackBerry Ltd (NASDAQ:BBRY) closed back above the 200-day EMA now at 9.44. This momentum could push this stock much higher from here. Next resistance is now seen at $10.10

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Zynga Inc (NASDAQ:ZNGA) is one of the hottest stocks of Nasdaq right now. The stock broke out on Tuesday and made a new 52-week high of $5.16. I'm keeping ZNGA on the list for the continuation move. The stock had big buyers in it all day and looks ready to make another move on Wednesday. The technical chart shows a continuation of the trend with MACD and RSI in the Bullish areas.

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Gilead Sciences, Inc. (NASDAQ:GILD) Potential breakout play. Watch the stock closely tomorrow and once it breaks $84.40, get ready to jump in and buy the stock. Stop 79.96

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Pandora Media Inc (NYSE:P) had a nice bullish momentum today, gaining more than 5% and end the day near the highest price of the day. The bias is bullish in nearest term especially if price able to stay consistently above $37 targeting $40.

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Superconductor Technologies, Inc. (NASDAQ:SCON) The stock continues to sit in a consolidation range but it's displaying upside momentum and is poised to move higher from these levels. Nearest resistance for the stock is at $2.70. If this level is crossed and the stock is able to sustain above this level, then it might go to $3.

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: BBRY, BGMD, GILD, P, RENN, ZNGA

22:46 | Permalink |

Stocks to Watch for November 13, 2013

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Renren Inc (NYSE:RENN) has formed a strong bullish candle on daily and is right at a key resistance area at the confluence of its major exponential moving averages. A break of this area could quickly move the stock into the 3.8-4 range.

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Nanosphere, Inc. (NASDAQ:NSPH) is inching closer and closer to a breakout point. Buying momentum is still positive and strengthening. Breakout watch above 2.29. Could be a high flyer on breakout.

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Intel Corporation (NASDAQ:INTC) good relative strength compared to the market on Tuesday. Next buy point is when it clears 24.50 on heavy volume.

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Pandora Media Inc (NYSE:P) is testing the breakout point of its ascending triangle pattern with higher lows putting pressure on the 28.19-28.26 area, a break of which could move the stock price significantly higher. On watch.

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Monsanto Company (NYSE:MON) This technical daily chart looks really bullish. I'll be watching this stock closely tomorrow for a breakout above 109.33

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: INTC, MON, NSPH, P, RENN

21:59 | Permalink |

Stocks to Watch for August 2, 2013

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Biodel Inc (NASDAQ:BIOD) hit new highs of $5.20 today, which is resistance for the follow through move on Friday. If the stock can break through highs, we should see another high volume move as the stock moves higher.

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Nike Inc (NYSE:NKE) broke out to a new all-time high accompained by a strong volume suggesting higher levels. The technical daily chart still showing a bullish bias. KD line shows positive signs as %K line is rising on top over %D line and RSI continue moving up. I suspect the stock may continue to appreciate over the coming days.

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Renren Inc (NYSE:RENN) Big rally on volume today, next buy area when clears the $4.02 level on volume.

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The AES Corporation (NYSE:AES) coube be gaining momentum to break to the upside. The technical indicator RSI is giving a bullish signal that needs confirmation with a break through the 12.86 level.

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Penn Virginia Corporation (NYSE:PVA) Another stock that looks like it will break out, watch this triangle and act accordingly.

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: AES, BIOD, NKE, PVA, RENN

23:43 | Permalink |

Trade Ideas for Week of April 16, 2012

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Renren Inc (NYSE:RENN) stock closed right at a key resistance level Friday with a bullish green candle. At this point, the stock is overbought but volume and money flow still building. Nearest resistance for the stock is at $7.45. If this level is crossed and the stock is able to sustain above this level, then it might go to $8. For long trades, stop loss should be placed at around 5.92. Watch the stock closely next week.

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Sequenom, Inc.(NASDAQ:SQNM) had a bullish momentum on Friday, closing the day with a gain of more than one percentage point near the highest price of the day on a sell-off day on Wall Street. The bias is bullish in nearest term especially if price able to stay consistently above $3.93 targeting $4.50. Stock was oversold and is now in reverse. Note a positive MACD divergence on daily chart and bull cross.

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Visa Inc (NYSE:V) broke out on Friday and made a new 52-week high of $123.68. I'm keeping V on the list for the continuation move. The stock had big buyers in it all day and looks ready to make another move on Monday. I'm using Friday’s high as resistance. A break above that area could trigger further bullish momentum.

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Sirius XM Radio Inc (NASDAQ:SIRI) - From a technical standpoint, this stock is currently in an uptrend and is finding support from its 50 DMA at 2.23 . If it stays above and moves up, then it might even go to 2.41. If the stock falls below this level, then it might see further weakness.

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E Commerce China Dangdang Inc (NYSE:DANG) had a significant bullish momentum last week after break above 10 and now struggling around 10.3. Looking at the technical chart above the bias is bullish in nearest term especially if price is able to stay consistently above 10 targeting 11.25. Unless we have another movement back below this level, I think DANG still in a bullish correction phase.

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FormFactor, Inc. (NASDAQ:FORM) stock has entered into a consolidation phase after rising very fast in the past few days. The bias remains bullish in nearest term. Immediate resistance remains at $6. Break above that level could trigger further bullish momentum towards $6.5 area. Initial support remains at $5.54 ( 20-day moving average ). I expect positive trend in the stock to continue with immediate target placed at $6.

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: DANG, FORM, RENN, SIRI, SQNM, V

18:39 | Permalink |

Stocks on Watch for the 11th of April

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Alcoa Inc. (NYSE:AA) climbs in after-hours after the company released better then expected numbers. The company said it earned $94 million, or 9 cents per share, during the first three months of the year. Revenue was near flat at $6 billion. Following the investors reaction in the extended trading, we should see a gap up tomorrow morning. It will be important an interesting also, see if stock will have legs to close above $10.18 ( 50-day MA ) in the next few days because it has been a key resistance for Bulls.

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DryShips Inc. (NASDAQ:DRYS) - The stock closed right at its 200-day MA, so we will see if the stock holds the position for a bounce.

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Bank of America Corp (NYSE:BAC) - The 50-dma should offer decent technical support. Note well that stochastics are now oversold and are supportive of a bounce-back.

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Renren Inc (NYSE:RENN) was a nice winner for my subscribers. We had a momentum breakout today. A pullback in the stock should be considered a buying opportunity as it is clearly above its 20-day moving average. Support is 5.39. Resistance 6.2

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: AA, BAC, DRYS, RENN

11:12 | Permalink |

4 Stocks Worth Taking A Look At

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Renren Inc (NYSE:RENN) has been forming a large pennant pattern on the daily chart over the last few weeks, popped on good volume and retreated on lower volume. It looks like it may be starting to gain some momentum again and should make a move soon. The Pennant is a continuation pattern, that is marked by a small consolidation before resumption of the previous trend. In addition, the MACD Fast Line is about to cross up through the Slow Line, Bullish. Let's keep an eye on her as i think momentum will pick up.

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Juniper Networks, Inc. (NYSE:JNPR) - Looks about ready to run here. Over 22.9, next stop 25 then the run to $29.

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Shares of Threshold Pharmaceuticals, Inc. (NASDAQ:THLD) closed the day gaining more than 5% to a new historic mark for stock at $8.42, near the highs of the day at $8.77. The stock has been on one of the most amazing runs of the past two months. I'll be watching the stock on Friday, looking for a follow through move. As long as the stock stay above $6.65, the bullish scenario still intact.

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Dendreon Corporation (NASDAQ:DNDN) breaks above the 20-day MA for the first time since late February, signifying that a new short term uptrend is in place. Further rise is expected to $11 zone. Indicators are also showing signs of recovery. Near term support is now located at $9.95, as long as this level holds, I'd expect the uptrend to continue. Long-term investors may hold with a stop at $9.05. Keep DNDN in your watchlist.

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: DNDN, JNPR, RENN, THLD

22:13 | Permalink |

AC Investor Blog

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

Friday, April 19, 2019

Several charts to watch this coming week - Happy Easter Everyone !!

Saturday, October 01, 2016

My Watchlist for the first week of October

Tuesday, February 18, 2014

Stocks to Watch for February 19, 2014

Tuesday, November 12, 2013

Stocks to Watch for November 13, 2013

Thursday, August 01, 2013

Stocks to Watch for August 2, 2013

Saturday, April 14, 2012

Trade Ideas for Week of April 16, 2012

Tuesday, April 10, 2012

Stocks on Watch for the 11th of April

Thursday, March 29, 2012

4 Stocks Worth Taking A Look At

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