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 |

12 Technical Charts To Watch Next Week

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IQIYI Inc (NASDAQ: IQ) has been in a consolidation over the last three weeks forming a bullish flag pattern after a big surge in price and volume in February. The stock jumped 5% Friday and closed at 27.02, two cents above key the psychological price level of 27. If it holds this level on Monday this could be the start of new momentum that could move the stock toward the 29 area.

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Goldman Sachs Group Inc (NYSE: GS) has been trading in a sideways range between resistance at 202.5 and support at 189 for a few months. With MACD showing good upside potential and RSI on the rise the trend should resume to the upside. Long setup on watch. Buy set at 202.5

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Ability Inc (NASDAQ: ABIL) is a candidate to be traded in breakout mode. The daily technical indicators are looking better for the stock with MACD indicator above its sell signal line, the ADX value is increasing and RSI indicator moving up from the 50 level. It is one for the bottom pickers. Volume was on the light side, but once the stock breaks out we'll see an upturn in buying. Key resistance is now located at $2.05, a break above this level will confirm the bullish trend and the following uptrend will take price up to $2.8 zone.

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We are on the verge of a possible breakout in the shares of ShiftPixy Inc (NASDAQ: PIXY). The stock looks like it could be getting ready to go imho. PIXY is worth a close look.

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Leap Therapeutics Inc (NASDAQ: LPTX) needs to take out $2.46. The break of the resistance line with heavy volume should be the next buy point on LPTX. Technical chart shows bullish sign with %K line on top of %D line and MACD on top of signal line.

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Qutoutiao Inc (NASDAQ: QTT) made a strong run the last hour of the day, closing at highs. The $15.65 level is an obstacle for this stock. If it can break through, buy the stock and watch it take off using the rising EMA9 as a stop loss.

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Telaria Inc (NYSE: TLRA) is starting to make a move to break through the top of its range. This is a good stock to watch and once it breaks through $6 on a close basis, the stock should move.

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Riot Blockchain Inc (NASDAQ: RIOT) above $3.99 could spark a nice short-squeeze. The stock had a nice surge a few days ago and has been in the process of consolidating. I think the stock has room to go higher. Watch the stock closely next week.

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Cellectar Biosciences Inc (NASDAQ: CLRB) Volume starts to pick up. Could make a huge move to the upside. Keep it on your watch list. A break of $2.50 with force might give CLRB room to $3

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Tetraphase Pharmaceuticals Inc (NASDAQ: TTPH) broke through resistance at $1.39 accompanied with high volume. We should be able to see some decent upside movement for the bulls here.

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Oragenics Inc (NYSEAMERICAN: OGEN) made big moves on volume in after hours trading Friday. The strength of current momentum could extend Monday and push the stock above the previous high set in Feb at 99c. If this breakout occurs we could see the stock trading in the $1.2-$1.35 area in the next couple of trading days. We should be able to see some decent upside movement for the bulls here. Long setup on watch.

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Nvidia (NASDAQ: NVDA) has a gap to fill over 170 on the daily chart should still be more upside left in this one. 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: ABIL, CLRB, GS, IQ, LPTX, NVDA, OGEN, PIXY, QTT, RIOT, TLRA, TTPH

15:18 | Permalink |

Here are 10 setups to watch next week

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If you follow my twitter you know that I've had my eyes on Avalon Holdings Corp (NYSEAMERICAN: AWX) since Wednesday when it was trading around $4. The stock almost touched $20 on Friday after-hours. It has traded in impressive fashion over the last several trading sessions and is a must watch for both the short and intermediate term. At some point this impressive rally will come to a conclusion, until then, lets enjoy watching this high money flow move to the upside.

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IsoRay, Inc. (NYSEAMERICAN: ISR) has seen some very impressive volume recently and it is still under some great accumulation. The daily chart shows a stock that is right on the cusp of breaking out. A break of 65c should bring the buyers into this stock in a big way. This stock could be viewed as a sympathy play of AWX not by the float but by comparing the recent increase on volume and accumulation. Note: Earlier this month, the company announced the receipt of FDA 510(k) regulatory clearance for the brachytherapy technology, known as GammaTile™ Therapy that incorporates proprietary Cesium-131 seeds within customizable collagen-based carriers for the treatment of recurrent brain tumors. As I have said before on twitter this stock could head higher in swift fashion.

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Riot Blockchain Inc (NASDAQ: RIOT) could we be looking at the beginning of another impressive rally? This stock soared from current levels to over $46 a share almost a year ago. Recent bitcoin rally could help bolster investor sentiment going forward. A big short-squeeze could happen on the break of the declining EMA200 located at 8.63.

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Cleveland-Cliffs Inc (NYSE: CLF) An impressive rally from $8.11 to $11.44. Volume is strong lets see if this big rally has legs after such a huge move. Price is developing a bullish flag.

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Interpace Diagnostics Group Inc (NASDAQ: IDXG) saw some steady buying pressure and closed the day up 4.8% and above the declining EMA200 for the first time in months. This certainly could be just the beginning of a possible monster run.

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CorMedix Inc. (NYSEAMERICAN: CRMD) continued its massive rally on Friday as the stock closed near the highs of the session, and its highest level since this rally began in early June. This was a stock that no one wanted back then, and is now seeing strong money flow and buying pressure. Immediate resistance 59c then 65c.

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Twitter Inc (NYSE: TWTR) needs to hold the long-term trendline support next week. If successful, a relief rally to $37 is probable.

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Electronic Arts Inc. (NASDAQ: EA) Having held this support line and turned up with conviction yesterday, the upside looks more probable at this point, but any close below would be a very bearish signal and a drop to 115 likely. Technical indicators are looking bearish.

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Link Motion Inc (NYSE: LKM) This China name announced last week a strategic partnership with AutoNavi a subsidiary of e-commerce conglomerate Alibaba Group for its Smart Ride Business. The stock could be making another move to its EMA50 and we could see a break there. Keep this stock on watch.

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Social Reality Inc (NASDAQ: SRAX) is inching closer and closer to another breakout move. Break out watch over 5.85

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: AWX, CLF, CRMD, EA, IDXG, ISR, LKM, RIOT, SRAX, TWTR

14:03 | Permalink |

Stocks to Watch for July 25, 2018

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Social Reality Inc (NASDAQ: SRAX) has formed a clear resistance level around 5.85 as part of its uptrend, setting up yet for a possible resistance breakout trade. Short term indicators are Bullish. A new buy signal would be given on a break above that resistance, with the next pivot resistance at 6.21. Support is at 5.19 and 5.05

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Apple Inc. (NASDAQ: AAPL) is getting ready to come out of a consolidation pattern. A close above $194.20 gets the party started.

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Evofem Biosciences Inc (NASDAQ: EVFM) I am a patient investor here. I really like this setup, descending channel with positive divergences on MACD while the accumulation line is also rising (money flowing into the stock). It is held by major institutions. Last month, Oppenheimer initiated coverage with an Outperform rating and $9 price target. They have a great pipeline.

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My Size Inc (NASDAQ: MYSZ) has created an interesting daily chart with the descending trend line broken today, which should be considered as a very bullish sign. Considering the recent breakout, the stock price looks promising and has potential to move back to its June highs in the coming trading sessions. I alerted several times on Twitter around 85c for a potential big bounce. Stop 92c

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Ageagle Aerial Systems Inc (NYSEAMERICAN: UAVS) another great alert on Twitter today around 1.80. Important to see how this acts over the next few sessions. Immediate resistance is at 2.2 (EMA100). Break above that level could trigger further bullish momentum towards $2.4 area.

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Arcadia Biosciences Inc (NASDAQ: RKDA) there are some signs of a possible bounce here due to the positive divergences, which often leads to short covering. If the stock price can break through today’s high of $7.32, we should see a strong follow through move. Let’s see whether the stock can gather enough momentum to break through that key level. On watch.

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Another day, another winner. I love the small cap market right now. After seeing a nice breakout from a bullish consolidation pattern yesterday for my alert, we saw another huge run today for Riot Blockchain Inc (NASDAQ: RIOT). I took profits today, but i will re-enter on any pullback to the pivot zone.

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Boxlight Corp (NASDAQ: BOXL) looks like is close to attempting a new breakout. The stock hit a high of $5.5 but failed to close above 4.54 (EMA20). I expect to see a high volume move once the stock breaks through resistance again, as traders are watching this stock closely.

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Baxter International Inc (NYSE: BAX) hit a new 52-week high, trading as high as 75.72, before settling at a close of 75.54. I'll be watching the stock on Wednesesday looking for a 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: AAPL, BAX, BOXL, EVFM, MYSZ, RIOT, RKDA, SRAX, UAVS

22:37 | 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 |

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, March 16, 2019

12 Technical Charts To Watch Next Week

Saturday, July 28, 2018

Here are 10 setups to watch next week

Tuesday, July 24, 2018

Stocks to Watch for July 25, 2018

Saturday, July 21, 2018

Stock watchlist for next week

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