AC Investor Blog

Several trade ideas for the coming week

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Remember some of you might be long Chimerix Inc (NASDAQ:CMRX) from my comments back on October 26th in my last weekend newsletter. At the time I stated that stock had formed a Doji candlestick on daily, which could mean bears power is slowing down and a signal a reversal. If you bought, congrats you are doing well, currently it's trying to take out the next major resistance level at 1.62

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BIOLINERX LTD/S ADR (NASDAQ:BLRX) volume was sharp yesterday and we could be looking at the beginning of the next rally. Company will present next week two posters at the Society for Immunotherapy of Cancer (SITC). Let's see what next week brings. Im long and will add more on the break of its declining 100-day EMA at 2.92

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Xunlei Ltd (NASDAQ:XNET) this is a stock that is still flying under the radar of so many traders. Looking at the hourly chart, the uptrend remains intact and with continued buying pressure I am looking for this stock to hit and pass its recent high at 6.83 If you are long, play it with a tight stop. The rising hourly EMA20 has been a good support zone.

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Arcadia Biosciences Inc (NASDAQ:RKDA) I suggest you keep this stock on your radar. The accumulation/distribution line remains elevated in the midst of the price decline, showing that buyers are still active. At some point I think it will post an impressive rally IMHO. Note:Earnings after market close on November 6. On watch.

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Navidea Biopharmaceuticals Inc (NYSEAMERICAN:NAVB) could be at the beginning stages of a bounce. One that could ultimately take this stock back over $1.10 and beyond. I took a long position on Friday for a swing trade.

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Skyline Champion Corp (NYSE:SKY) had a strong bounce off the rising 100-day EMA on Friday accompanied by a nice pickup in volume. From a technical standpoint, daily technical indicators are back in bullish zones. The MACD is rising and in the positive territory. RSI is above its 50% level and the stock is back above all five EMAs. Watch this bullish consolidation for the next directional clue. Long setup on watch.

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Amneal Pharmaceuticals Inc (NYSE:AMRX) Strong move yesterday on solid volume. Traders should watch for a potential breakout over 3.48 The daily MACD is positive and above its rising signal line. A breakout above this key resistance could take the stock much higher as the daily technical chart shows little resistance. Long setup on watch.

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T2 Biosystems Inc (NASDAQ:TTOO) continued to show strength with another gain. Friday's rally put shares above the upper line of the triangle (resistance zone), which is a bullish sign. The technical daily chart looks bullish with a short-term target of $3.21 SL 2.19 rising EMA100

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Apollo Global Management Inc Class A (NYSE:APO) broke out in impressive fashion yesterday. I think we will see some nice follow through on Monday.

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Apple (NASDAQ:AAPL) hit a new high yesterday and continues to draw interest. I would keep a close eye on this stock going forward. Any pullback to the 9-day EMA offers a low risk entry opportunity for these types of trending stocks.

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Valeritas Holdings Inc (NASDAQ:VLRX) is starting to work its way through some heavy resistance. I would not be surprised if this stock finally gives investors what they have been waiting for. Company had great news recently. I still accumulating shares at current levels.

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Eltek Ltd. (NASDAQ:ELTK) another low float play basing nicely. On my fireworks list.

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, AMRX, APO, BLRX, CMRX, ELTK, NAVB, RKDA, SKY, TTOO, VLRX, XNET

14:29 | Permalink |

Swing trade ideas and stock charts for next week

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I alerted BioNano Genomics Inc (NASDAQ:BNGO) to my twitter followers (real-time alerts) before crowd when it was trading around 55 cents. Traders who saw the gold in my alert and took advantage of BNGO 225% climb last week, then congratulations. As i tweeted, i sold all my positions. From a technical standpoint, the stock is now pulling back in a correction or changing direction. As long as the uptrend line holds on the 30m chart (around the $1.5 level) the short-term uptrend remains intact.

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The strong move in Avinger Inc (NASDAQ:AVGR) shares was something that I tweeted on Thursday's afternoon. If you were following my twitter account you would have gotten the tweet when the stock was trading at 88 cents. It ended the day on Friday at $1.11, gaining nearly 22%. If you jumped in and booked your profits, congratulations !! The power of Friday's move suggests an upward breakout that could impulse SPU's stock to test the $1.21 area on Monday. SL 77 cents.

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Onconova Therapeutics Inc (NASDAQ:ONTX) closed the week above the 89 cents which has acted as an area of resistance in the last sessions, more upside will come in the coming days, and possibly the beginning of a new uptrend to close the gap. This stock is showing some great accumulation at current prices and i would not be surprised if we see a BNGO type-move.

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Arcadia Biosciences Inc (NASDAQ:RKDA) The chart pattern is compressed here and this stock is coiling up for a larger move. If it can push above $5.50 convincingly next week, it could be off to the races.

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Enlivex Therapeutics Ltd (NASDAQ:ENLV) things are starting to turn up. Could it see its high of $44.90? I don't think so, but I think short term $17.5 is not out of the question. Bottom is rounding, if it breaks the 9.30 area the move could be strong to the upside. Potential V-bounce.

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Nuvectra Corp (NASDAQ:NVTR) had a volume/news and price breakout that should continue into next week. With 6.5M in volume this stock looks poised to post more gains next week. As I always say, follow the money and right now NVTR has the money pouring into it. 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: AVGR, BNGO, ENLV, NVTR, ONTX, RKDA

15:18 | Permalink |

Swing trade ideas and stock charts for the coming week

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Slack Technologies (NYSE:WORK) is nearing a key resistance level that has contained prices on two occasions in the last sessions. Considering the recent strong momentum, I think the stock looks set to break higher and rise above its rising 50-day EMA. The immediate support level is located at 25.06 followed by 24.41. Keep this stock in your radar list.

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Shares of Synthesis Energy Systems, Inc. (NASDAQ:SES) soared 191% to $5.25 per share after the company announced it purchased Australian Future Energy in all-stock deal worth $36M. Although the stock has been in weak market for the past few months, yesterday rally shows the stock is back on uptrend on rising MACD and RSI. With MACD now barely hit above 0, we probably will see more positive action coming from the stock. Long setup on watch. Any close above the green line (EMA200) will confirm the trend change.

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Based on the daily chart above, I feel Arcadia Biosciences Inc (NASDAQ:RKDA) stock is well over due for a counter trend rally, and I think it could see $6.5 or better if investor interest comes back into this stock. This stock was trading over $10 a share less than two months ago. From a technical standpoint, MACD is curling up and the RSI is in the oversold region, showing some signs of reversal. Thus, a strong reversal over the coming days is expected. This is the perfect stock to expect a SES type-move.

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I think it's time to reconsider adding Onconova Therapeutics Inc (NASDAQ:ONTX) to your portfolio for a potential big bounce. The company is now well-funded for the coming months with the recent offering at $1.60 and after the HanX Biopharmaceuticals deal. I started accumulating the stock. From a technical standpoint, MACD has generated a bullish alert and the RSI is in the extremely oversold region, a volatility squeeze seems eminent. Technicals are showing positive divergences supported by rising MACD and Slow Sto on the daily charts. Plus, there is a gap to fill over1.3

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VISTA OIL & GAS/S ADR (NYSE:VIST) Friday's breakout on strong volume is highly noteworthy and this stock should be added to your watch-list for consideration when the uptrend resumes.

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Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) is looking quite good here for higher prices. I'm watching closely this tiny float stock for a breakout above 3.95, as the stock has been basing nicely.

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The share price of Whiting Petroleum Corp (NYSE:WLL) is showing signs of a potential reversal. Clear break above 7.73 (EMA20) could trigger further bullish recovery testing the 8.56 area.

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Scworx Corp (NASDAQ:WORX) There are some signs of a possible bounce at this point due to the oversold conditions and some positive divergences on daily MACD, which often leads to short covering. A reversal may be on the way. Im long. This stock has a history of massive rallies at major supports.

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Enlivex Therapeutics Ltd (NASDAQ:ENLV) has been in a tremendous tailspin the last three weeks. It has seen a bevy of selling bring the stock to fresh new lows for the year and i cant find "news" that could justify the scale of decline. I took a long position on stock last week, because i believe we could see a sharp rally out of these extreme oversold conditions.

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AMD (NASDAQ:AMD) Another stock with a nice look. Resistance Breakout. Go long on the break of Friday’s high at 30.20. MACD crossover and RSI could help it get into 32's again.

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I have LYFT Inc (NASDAQ:LYFT) on my watchlist for next week. It might attempt to breakout above $40.31 level again and if it succeed we should expect a strong move to the upside.

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, ENLV, LYFT, ONTX, RKDA, SES, TTPH, VIST, WLL, WORK, WORX

15:44 | Permalink |

Technical chart setups to follow next week

Dearest Readers/followers :)

I'm back from vacations and ready to start sharing more free trade ideas using different time frames. Im thinking in start blogging again on a daily basis starting in September, but i need to garanteee first, time for my family. As you know, i grew fast on social media, so it's not easy to manage the time to be able to reply everbody in real-time. Many people dont understand this fact, but as always, i will try to do my best.

Small-capitalization stocks continue to provide great trade opportunities, so i will be playing here as long as the momentum is in our favor (Please note: i dont trade OTC stocks). As you know, small-cap stocks generally provide the best returns for day traders, but we need to be aware of the risks. There could be liquidity problems if someone is trying to take a big position in a small stock, so if your account is small, please diversify in order to avoid been stuck in just one stock and use tight stops. Small cap companies can be a good opportunity because of the cheap share price, but we need to have rules to trade them.

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Grupo Financiero Galicia (NASDAQ:GGAL) is testing again the top of the sideways channel that it has been in for the past month. This channel has been a consolidation of the huge rebound it had in late June. Keep an eye out for a break of 39.22

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Cemtrex Inc (NASDAQ: CETX) this remains a low floater stock to watch. The volume is starting to come back and with it some positive price movement. The real fireworks should begin if price can break/close above the $1.75 area. CETX was a stock that ran from these current prices to over $4.5 a share not long ago. Could it happen again? We will soon find out. The daily MACD line is starting to curl upward, which should eventually lead to price increases. Company announced recently that has a backlog of $50M. If you don't have this stock on your watchlist, now is the time to add it.

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McDonald's (NYSE: MCD) hit a new high on Friday and continues to draw interest. I would keep a close eye on this stock going forward, buyable on any pullback to pivot.

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Celldex Therapeutics, Inc. (NASDAQ: CLDX) This $2 stock is one of the most undervalued small bio cap stocks out there IMHO with nearly $6 per share in cash, and I believe down the road it could be trading better than $2 a share. The stock price is showing signs of a bounce and next level of resistance according to this daily technical chart above is at 2.25. The Daily MACD is also showing a bullish cross, indicating that this push higher may be the start of something much bigger to come. You need to watch this closely because it could break resistance.

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The strong move in Arcadia Biosciences Inc (NASDAQ: RKDA) shares was something that I tweeted Friday in pre-market before the crowd as a potential 100% mover. If you were following my twitter account you would have gotten the tweet when the stock was trading around 2.75 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. Next major resistance is located at 4.99 (EMA200), which is a big area that the stock needs to break.

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Jaguar Health Inc (NASDAQ: JAGX) This $1.56 stock was trading over $17 (RS effect) a share less than two months ago. I think a "dead cat" bounce is in the cards. This isn't a stock you want to be holding onto too long, but the chart itself is looks ready for a reversal. There could be a decent rally for these shares, if they do indeed bounce. From a technical standpoint, MACD is displaying a positive divergence while ADX is starting to turn higher and has crossed above 20 to signal the start of a new trend. Im long.

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Rewalk Robotics Ltd (NASDAQ: RWLK) I initiated a long position on Friday. Notice how the daily MACD is starting to curl up (positive divergence), the grey histogram bars are starting to turn back to zero, showing that the recent downtrend is changing in the opposite direction. Plus, the stock has reached a major support level, where it bottomed out several timers before.

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aTyr Pharma Inc (NASDAQ: LIFE) is a stock I think deserves some watching over the coming sessions for a potential short-term reversal. The stock at $3.11 is a few ticks off its all-time low. I think it will at least get a dead cat type bounce, if not something slightly more sustainable. With nearly $12 per share in cash, and a Bullish MACD crossover on daily chart a big bounce is more than likely at current levels. Im long.

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T2 Biosystems Inc (NASDAQ: TTOO) ended Friday's trading session at 94c, advancing 30% with the stock attracting 4.1 million shares. The stock shows signs of bottoming out with the recent up move from its 52-week low. The stock has also moved back from oversold zone and closed above its 9EMA for the first time since mid-July. There is a high probability for a trend continuation in the next sessions, as the stock could test the next key resistance level in the 1.07 area.

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Realogy Holdings Corp (NYSE: RLGY) posted a very strong bullish reversal candle on high volume and could signal a reversal of the price decline. Watch for continuation. Next pivot point lies at 6.22

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: CETX, CLDX, GGAL, JAGX, LIFE, MCD, RKDA, RLGY, RWLK, TTOO

15:42 | Permalink |

Some stocks to watch next week

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BlackRock (NYSE: BLK) is coiling up below the declining 200-day exponentila moving average, forming a potentially bullish pattern, to blast through the 200EMA on a breakout of that pattern. Long setup on watch.

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Deere & Company (NYSE: DE) bulls have no reason to be alarmed yet. In fact, they may have a reason to celebrate, the stock closed the week with a bullish candle near the key resistance level of $166.19, a strong Bullish signal for next week.

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Bioblast Pharma Ltd (NASDAQ: ORPN) on my top watchlist for next week after reading last week PRESS RELEASE. The company announced the sale of its Trehalose Clinical Development Programs to Seelos, and under the terms of the agreement, Seelos will pay Bioblast a payment of $3.5 million in two instalments; $1.5 million payable upon closing of the sale and the other $2.0 million will be paid upon the first anniversary of the closing of the sale. Potential additional milestone payments of up to $17.0 million will be made upon completion of the clinical study and approval of a New Drug Application (NDA) by the Food and Drug Administration (FDA), as well as royalties. Keep in mind, the market cap of this company is just $4.5M. I think people is people is underestimating this deal. Read the press carefully this weekend. I would not be surprised if we break the $2.17 level next week. I took a long position on Friday.

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Nio Inc (NYSE: NIO) will be featured on 60 minutes Sunday night. The stock has been trading heavy volumes recently and continue to impress with another show of strength. Technicals look Bullish to me. Momentum picking up with MACD climbing and RSI rising. Watch for continuation.

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Arcadia Biosciences Inc (NASDAQ: RKDA) is in a very strong bullish trend, having gained almost 100% since December lows. The stock is coiling up, and if it can push above $5.58 convincingly next week, it could be off to the races.

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Zosano Pharma Corp (NASDAQ: ZSAN) could be worth watching if the pullback continues next week. If it drops, there is a strong support zone around 3.75

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AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO) still holding a strong position. The stock has been basing for over a week under resistance near 66c. If the stock clears resistance the move may be powerful. A good sign, is that the big institutions have been buying this longer term dip while keeping price low. Check my latest tweet about AVEO

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JD Com Inc (NASDAQ: JD) may be ready to break out of this sideways consolidation. Potential swing long above 26

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Shares of Marinus Pharmaceuticals rallied hard Friday on heavy volume. If it clears back over 4.33, may have some good upside.

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, BLK, DE, JD, MRNS, NIO, ORPN, RKDA, ZSAN

21:10 | Permalink |

Stock charts to follow next week

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Shares of Starbucks (NASDAQ: SBUX) reached a new 52 week year high at $69.82 on Friday breaking an important resistance zone. Stock still trading in a strong Bullish Mode as the chart shows. This breakout of a multi-month consolidation brings high probability for a trend continuation in the coming days/weeks.

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Next week keep Ross Stores (NASDAQ: ROST) in your watch list, is close to breaking out (ascending triangle pattern).

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Shares of Lockheed Martin (NYSE: LMT) was up 0.46% to $301,5, stock is now near to break out above resistance $303, however it is in Overbought conditions that probably will limit the movement now. Keep an eye for a possible breakout.

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Charter Communications (NASDAQ: CHTR) Still on my watchlist. It has been in a consolidation over the last five trading sessions in the 335-345 trading range after a big surge in price and volume in January. If the 345 is broken this could be the start of new momentum that could move the stock toward the 360 area.

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ServiceNow (NYSE: NOW) could witness an upside break of the bull flag pattern next week.

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IntelliPharmaCeutics Intl Inc (NASDAQ: IPCI) shares spiked Friday before the close on news that the company got tentative FDA approval of generic Pristiq for treatment of major depressive disorder. The strength of current momentum could extend next week and push the stock above the declining EMA50 at 42c. On watch.

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Coty, Inc. (NYSE: COTY) momo play for next week. It has a nice gap over 9.50. Looking at the daily technical indicators, we have the MACD above Zero Line and RSI Above 60, indicating the stock is in a bullish trend now. We can wait for a bullish flag formation to confirm the bullish momentum next week.

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Cloud Peak Energy Inc. (NYSE: CLD) The technical daily chart shows the recent drop brought new buying opportunity as RSI is back to oversold level while the stock is still above both 20 day and 13 day moving average. MACD signal is rising while K line has just crossed on top over D line showing new buy signal . The institutions, however have been very bullish, with Goldman Sachs purchasing 6.3 million shares and BlackRock increasing its stake by 14% to 10 Million shares in the most recent quarter. Im very surprised by the purchase of these Big boys. I increased my position. Lets see if we break the 49c level next week to see a nice push to next levels at 70c.

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Superconductor Technologies, Inc. (NASDAQ: SCON) starts showing ‘buy' signals again. Although the stock didn't perform well in the last six months, we start to see now some signals of rebound as the technical chart shows positive momentum is back. I'd look to the $1.7 level moving as the next buy point. If it passes that, then we have room to run to next resistance at $2.05-2.2. Let’s keep an eye on SCON

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Marathon Patent Group Inc (NASDAQ: MARA) is approaching again the declining EMA100, which typically acts as resistance, so keep an eye on her for a possible breakout. Beyond that, the above technical chart shows a bullish MACD crossover and RSI which indicate we have some more room to the upside.

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Arcadia Biosciences Inc (NASDAQ: RKDA) has been under accumulation for a couple days now. The volume on accumulation days consistently exceeded the volume on distribution days. That's a bullish sign. The big movement on Tuesday tells me to be patient. I'd stay long and keep a stop just below $3.31. Potential target price of $6. Keep RKDA in your watchlist.

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Alliance One International, Inc. (NYSE: PYX) looks strong enough to move forward. As expected, the stock broke up through its EMA200 and closed above for the first time in months. At this stage, further rally is still possible. The breakout signals a continuation of the prior advance. As long as $17.8 holds on a close basis, this breakout is in great shape. The stock has the potential for a strong follow through, so watch it closely next week.

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: CHTR, CLD, COTY, IPCI, LMT, MARA, NOW, PYX, RKDA, ROST, SBUX, SCON

18:10 | Permalink |

AC Investor Blog

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

Saturday, November 02, 2019

Several trade ideas for the coming week

Saturday, October 19, 2019

Swing trade ideas and stock charts for next week

Saturday, October 12, 2019

Swing trade ideas and stock charts for the coming week

Saturday, August 10, 2019

Technical chart setups to follow next week

Saturday, February 23, 2019

Some stocks to watch next week

Saturday, February 09, 2019

Stock charts to follow next week

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