AC Investor Blog

Stocks to Watch for March 15, 2016

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SolarCity Corp (NASDAQ:SCTY) might face a period of sideways action while the stock consolidates the gains booked in the last trading sessions. It will face short to medium term resistance at $27.50. Once this level is crossed with good volumes, the stock can go to $30.

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Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA) had a nice move closing the day at $8.85. The stock hit a high of $9.02, which is resistance for Tuesday’s continuation move. I'm a buyer of MNTA once it breaks through this high and expect to see heavy volume push the stock higher. Keep the stock on your radar for Tuesday.

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Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) made a new 52-week high of $10.99. I think there is a good chance the stock will make another move on Tuesday. Resistance reflects Monday’s high. If the stock can break resistance, there should be opportunity for a good upside trade. The technical chart shows very strong upward momentum as the stock is trading above the 200-day exp moving average with both 50-day and 200-day exp moving average going up. At this point I'm buyer only once it breaks through today’s high of $10.99 for the continuation move with a tight stop. Stochastics and the RSI are overbought but remain bullish signaling.

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Corning Incorporated (NYSE:GLW) Flagging above the breakout. Next buy point when clears $19.59 on heavy volume.

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Advanced Micro Devices, Inc. (NASDAQ:AMD) was one of the few winners on today's session, as the stock closed up 20 cents on the day. The stock broke out of a trading range as it hit a high of $2.75 on the day. This high is now resistance for the continuation move. If the market continues to move up, this stock could be a big mover.

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Sunedison Inc (NYSE:SUNE) made a very strong reversal move with a solid upside volume. Today’s high of $2.25 is resistance for Tuesday’s continuation move. The daily technical chart shows the stock is due for a possible recovery as %K line is back above %D line showing positive momentum. On watch.

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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: AMD, GLW, HIMX, MNTA, SCTY, SUNE

21:44 | Permalink |

Stocks to Watch for March 07, 2016

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I mentioned on twitter that Netflix, Inc. (NASDAQ:NFLX) was looking constructive (flagigng below the key EMAs) and that the 100 level may not hold. It did not take long for this to play out, as the stock price has just closed above these key levels. Also notice on daily technical chart how the stock has recently broken to the upside of the trend line from December 2015. We will have to see if the stock has the legs to reach the 105 level next week.

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Friday marked an important shift in CombiMatrix Corp (NASDAQ:CBMX) shares as they closed above the upper line of the declining trend channel that has been forming since December last year. CBMX was one of the big winners on Friday, closing up $1.22 on the day. The stock traded heavy volume (when compared to its daily average) as it hit a high of $5.91. This high is resistance for Monday’s continuation move. Looking at the technical chart I see a stock that broke a downtrend and cleared a sideways consolidation base. The first target is the 50EMA (could be easily broken) then $9. Keep this stock on your radar for Monday’s trading day. Note: thin name just 603.78K shares.

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Apple Inc. (NASDAQ:AAPL) In last week’s analysis of the daily technical chart, I had drawn a horizontal resistance line from which a break out seemed imminent and the "bulls" seem to have won this round. Now let's see if the break-out is confirmed next week. The daily technical indicators are looking bullish. The daily MACD is above the signal line and rising in positive territory. The RSI and slow stochastic are well inside their bullish regions. All short-term EMAs are rising, and the stock is rising above them. For now, the bulls are back in control.

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VirnetX Holding Corporation (NYSEMKT:VHC) has made an attempt to break above the key resistance level of $6 on Friday but it was not successful so the price is currently back to support area 5.45-5.30 (short-term EMAs 13&20). The price structure still suggest a short-term uptrend and therefore, in my honest opinion, it is possible that the bulls will regain control. All key technical indicators are also supporting the current short-term bullish trend. Only a close below the 200-day EMA would negate the bullish implications of this pattern. On watch.

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Vringo, Inc. (NASDAQ:VRNG) The past couple of days the price has been pulling back off its sharp rebound rally in the second half of February. Price has formed a flag formation. The confirmation of this bullish pattern is a break of the upper line. A sustained push above $2.35 level, where the upper line currently ends could take the stock up to 3.50 my first resistance. The A/D shows strong accumulation over the past 3 weeks. Stay tuned.

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) The daily technical chart shows that we are clearly in a downtrend, however some indicators are showing some positive divergences. We can see by MACD that the stock is losing momentum to the downside, while A/D also shows signs of accumulation. Watch this downtrend line carefully here and play accordingly.

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SolarCity Corp (NASDAQ:SCTY) Congratulations to all those who profited from Friday's twitter alert. The stock moved in line with my expectation and achieved my initial price target of $25, closing the gap. Going into next week, the stock may consolidate sideways within the 21.5-23.5 range before starting a fresh rise. My bias remains bullish and the short-term postive outlook would be negated only if the price declines below $20.

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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: AAPL, ARNA, CBMX, NFLX, SCTY, VHC, VRNG

15:19 | Permalink |

Stocks to Watch for March 04, 2016

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SolarCity Corp (NASDAQ:SCTY) continued to show strength with another gain. Today's rally put shares above potential round-number resistance at the $22 level, which is a very bullish sign. The daily technical chart looks bullish with a short-term target of $25. We might fill this gap very soon.

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Plug Power Inc (NASDAQ:PLUG) successfully broke the resistance at $2.21 (200EMA) with decent volumes. This is a very bullish development. Watch for continuation.

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Weight Watchers International, Inc. (NYSE:WTW) looks like it has a good chance to continue higher and a buy could be made as it moves over $14.66. If this happens, WTW is a good play. Another positive thing is the fact that insiders have bought a lot of shares this week. On watch.

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Clovis Oncology Inc (NASDAQ:CLVS) continues to inch higher. The stock really doesn't have any resistance until $24.5-$26. Technical chart shows bullish sign with MACD above the signal line and RSI above its 50% level.

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VirnetX Holding Corporation (NYSEMKT:VHC) rebounded strongly today and might be on the way up again. The price is back above all moving averages.

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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: CLVS, PLUG, SCTY, VHC, WTW

22:35 | Permalink |

Stocks to Watch for December 03, 2015

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VirnetX Holding Corporation (NYSEMKT:VHC) The daily technical chart is displaying a screaming buy divergence on the upside. Expect an initial run up to $3.45 with a break higher moving to the $4 zone. Momentum picking up with MACD climbing and RSI rising. In the past 3 months there were 7 insider purchases from insiders that should indicate the stock is really worth buying. Existing insider activity combined with a high short ratio (39 days to cover 12M shares), may be the perfect catalyst needed to spark a short-squeeze buying explosion here. Lets keep an eye on it.

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Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) price is forming a potential cup-and-handle bottom formation on daily chart. Momentum indicators are bullish with the RSI inching away above the middle level and with the MACD crossing above zero. Any close above $12.85 could lead to a substantial gain in shares. This stock should be on your watchlist.

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SolarCity Corp (NASDAQ:SCTY) As you can see on the daily technical chart above, stock has clearly been showing relative strength in the last couple trade sessions. If it breaks the key resistance line of 34.65, it should easily go to next price resistance around 38. The momentum indicators are also not overbought on daily, implying scope for further upsides. On watch.

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Straight Path Communications Inc (NYSEMKT:STRP) Despite the bearish market action today, the stock performed well. I think current levels offer a great chance to play a rebound in shares. The stock closed at $11.86 above the 9EMA. MACD is perking up and RSI just crossed its 35% level. I think it has room to go higher. Over 12.5, next stop 13.18 then the run to $14.5. Worth watching going forward.

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TerraForm Power Inc (NASDAQ:TERP) good relative strength compared to the market today. Key resistance is located at $9.89, a break above this level will confirm a new bullish trend and the following uptrend will take price up to $13 zone.

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: SCTY, STRP, TERP, TTPH, VHC

22:05 | Permalink |

Stocks to keep an eye on April 09, 2015

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King Digital Entertainment PLC (NYSE:KING) Today's pop broke the neckline of a Bullish Inverted head and shoulders pattern that I have been mentioning in my recent posts. Daily technical chart shows the stock is still in a very strong bull market with MACD on top of signal line and 50-day EMA on top of 200-day EMA. Tomorrow, keep an eye for a possible breakout over $16.93

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Digital Ally, Inc. (NASDAQ:DGLY) still looks pretty good on the daily chart with volume expanding as it moves higher. Stock continues to look bullish and had a decent day today. Could squeeze over 14.50

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SolarCity Corp (NASDAQ:SCTY) has recovered nicely and can potentially set-up very well for a swing-trade if the stock breaks through the resistance level at $54.80. Technical indicators are becoming more favorable with MACD and RSI rising. There could be good upside in this trade, so watch the stock closely on Thursday.

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GoPro Inc (NASDAQ:GPRO) is setting up for higher prices IMHO, 50-day EMA is also a key resistance to break thru. As I mentioned on Twitter, I keep holding my long position waiting for something big. Special points of interest on daily chart: Price has formed a very crucial and strong support around the $40 levels and is trading above. MACD and ADX are showing a positive divergences. Watch to see what it does here.

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Qualys Inc (NASDAQ:QLYS) caught my eye today because the chart has a bullish posture without looking very overbought. The stock broke out of a consolidation range as it closed up $3.35 on the day. Wednesday’s high was $52.96 which is resistance for Thuersday’s continuation move. As long as the stock stay above 50 area, the bullish scenario is still intact.

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Rambus Inc. (NASDAQ:RMBS) looks ripe for an explosive move upwards. The stock had a strong bullish momentum on today, gaining 5% andclosing near the highs of the session. Very strong. So, with the bulls pushing shares higher, I expect the stock to see a continuation of high volume and price appreciation in the coming sessions. The trend is bullish and a move to the $14.50 appears likely.

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: DGLY, GPRO, KING, QLYS, RMBS, SCTY

22:24 | Permalink |

Stocks to keep an eye on March 25, 2015

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Twitter Inc (NYSE:TWTR) After drifting for weeks the price finally broke out of a consolidation today accompanied by high volume. Today’s high was $51.79, which is resistance for the follow through move. If the stock can break through this level tomorrow, expect to see heavy volume drive the stock higher.

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Silver Spring Networks Inc (NYSE:SSNI) broke out of a flag formation on higher volume today. This will lead to a price target of 12.5-12.63. Key indicators on daily charts suggest continuation of positive bias and the stock price is likely to show further up side.

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SolarCity Corp (NASDAQ:SCTY) had a very productive day as we saw gains of over 3.4% and I believe it has more room to run. The short-term outlook remains positive and the stock has finally got a bullish macd cross.

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Shares of Oasis Petroleum Inc. (NYSE:OAS) rebounded on heavy volume today. Gonna have to watch it carefully on Wednesday to see if we have hit bottom and should grab some for the ride back up.

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VirnetX Holding Corporation (NYSEMKT:VHC) Put a nice reversal candle today and closed back above the 50-day EMA. The momentum indicators are attempting to turn up from oversold levels. Will watch tomorrow for continuation.

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CytRx Corporation (NASDAQ:CYTR) showed some nice strength today, despite weak market. Price broke through resistance at $3.44 accompanied with high volume. The stock hit a high of $3.56, which is now resistance for Wednesday’s continuation move. If the stock can break through resistance, we should see another strong upside move. CYTR will move very quickly, so watch the stock closely tomorrow.

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: CYTR, OAS, SCTY, SSNI, TWTR, VHC

20:52 | Permalink |

Stocks to Watch for December 19, 2014

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Clean Diesel Technologies, Inc. (NASDAQ:CDTI) is testing the resistance line of its two-month descending channel. A break above 2.10 should lead to a target in the 2.65-2.8 area. The chart above has some noticeable momentum indicators suggesting that the stock is ready to make a move. The strongest sign of a bullish momentum is the MACD indicator which has just started to increase. In addition, the RSI looks like it is on the edge of crossing back over 50% level and stochastics are edging out of oversold range as well. Accumulation on this stock remains elevated, even after the downtrend and OBV is also showing positive signs on the stock. Price is expected to at least rally the next resistance at $2.65 and even go higher to test the next key resistance level at $3. The forecast is valid only if the stock price stays above $1.80. Honestly, i think the stock is attractive at these levels and the technical setup and fundamental growth prospects look very promising IMO.

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Rambus Inc. (NASDAQ:RMBS) has already recouped its recent losses and the stock looks poised to break resistance at $12. The short-term outlook stays cautious till the stock closes conclusively above this level. So far the technical chart is still showing buy signal with stock trading above all major EMAs. Short-term traders can hold their longs with a stop at $10.99.

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Facebook Inc (NASDAQ:FB) The short-term bullish momentum continued today. The stock has recovered nicely and can potentially set-up very well for a swing-trade if the stock breaks through the resistance level at $78.88. Stay tuned.

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VirnetX Holding Corporation (NYSEMKT:VHC) had a strong day as the stock closed up 35 cents or 7.7% on decent volume. Today’s high of $4.96 is now resistance for the continuation move. The stock is back on top over 20-day EMA and MACD is showing positive momentum, while KD line also show buy signal as %K line is on top of %D line.

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SolarCity Corp (NASDAQ:SCTY) In order to stage a bullish trend reversal, the stock price needs to break above the downtrend line. I’m a buyer of SCTY on a break of the downtrend line.

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: CDTI, FB, RMBS, SCTY, VHC

23:11 | Permalink |

Stocks to Watch for June 26, 2013

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Ebix Inc (NASDAQ:EBIX) remains extremely oversold and is gaining momentum. We have all seen how quickly the stock can head higher, when the buyers come. I believe the stock is ready to post a sizeable bounce and I do not see any resistance on the technical chart until $12. A stop loss should be placed below 9. Keep it on your radar this week.

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Research In Motion Ltd (NASDAQ:BBRY) closed back over the 50-day exp moving average, ending the day at $14.56 with decent volume. The immediate support level is now adjusted to $14.18 followed by $13.61 and the short-term resistance continues to be located at $15 followed by $16.2. Several indicators are giving buy signals.

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Pandora Media Inc (NYSE:P) seems in a good short-term bullish momentum. Key resistance is now located at $17.54, a break above this level will confirm the bullish trend, and the following uptrend will take price up to $19 zone. RSI is strong and headed up towards the 59 level, which is a sign of growing strength in the stock. Also, the MACD is giving a positive indication. On watch.

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This stock deserves some consideration as a bounce candidate. SolarCity Corp (NASDAQ:SCTY) has been holding up well over the 32.5 area for quite a while. Any close above the recent pivot high of 37.98 will reinstate bullish trend. On watch.

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Morgans Hotel Group Co. (NASDAQ:MHGC) Chart looks bullish. Keep an eye for a possible breakout over $8.05

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, EBIX, MHGC, P, SCTY

22:30 | Permalink |

Stocks to Watch for June 11, 2013

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First Solar, Inc. (NASDAQ:FSLR) broke out from a small symmetrical triangle with a target price level of around $63. The momentum clearly favors the bulls. Long positions may be considered on price weakness, with a stop-loss at $51.63.

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Xerox Corporation (NYSE:XRX) looks good to make an attempt up over the recent higher at 9.38. Technical indicators are bullish. The MACD has crossed above its signal line, and both are still positive. Slow stochastic has climbed up from its neutral zone to the 75% level and the RSI has moved above its 50% level.

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SolarCity Corp (NASDAQ:SCTY) has been losing momentum recently, if it breaks below the pivot point of $35 the picture could get ugly very quickly. Technicals are beginning to look bearish.

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Career Education Corp. (NASDAQ:CECO) is consolidating and looks like it is getting ready for another leg higher. Buy point is at 3.27.

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Pandora Media Inc (NYSE:P) a close above $16 could spark a nice short-squeeze. The stock is displaying upside momentum again and is poised to move higher from these levels. Nearest resistance for the stock is at $15.76. If this level is crossed and the stock is able to sustain above this level, then it might go to $17. On the downside, the stock has a strong support at $14.

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Advanced Micro Devices, Inc. (NYSE:AMD) DT line broken to the upside. Watching this one for follow trough on Tuesday for higher prices. Slow Sto crossover developing new uptrend.

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, CECO, FSLR, P, SCTY, XRX

22:37 | Permalink |

AC Investor Blog

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

Monday, March 14, 2016

Stocks to Watch for March 15, 2016

Saturday, March 05, 2016

Stocks to Watch for March 07, 2016

Thursday, March 03, 2016

Stocks to Watch for March 04, 2016

Wednesday, December 02, 2015

Stocks to Watch for December 03, 2015

Wednesday, April 08, 2015

Stocks to keep an eye on April 09, 2015

Tuesday, March 24, 2015

Stocks to keep an eye on March 25, 2015

Thursday, December 18, 2014

Stocks to Watch for December 19, 2014

Tuesday, June 25, 2013

Stocks to Watch for June 26, 2013

Monday, June 10, 2013

Stocks to Watch for June 11, 2013

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