AC Investor Blog

Stocks to keep an eye on January 27, 2015

( click to enlarge )

FuelCell Energy Inc (NASDAQ:FCEL) finally broke out of the bottom base formation accompanied by strong volume. Watch for a continuation move tomorrow.

( click to enlarge )

Plug Power Inc (NASDAQ:PLUG) looks strong on daily charts. The stock closed today above its 20-day EMA of 2.93 with very high volume. From a technical standpoint, the RSI is moving up and above its 50% level. The daily MACD is rising and the A/D is also turning up which means there is more money flowing into the stock. This was a $5 stock less than 3 months ago. I think we'll see some nice follow through tomorrow.

( click to enlarge )

SandRidge Energy Inc. (NYSE:SD) closed strong above the 20-day EMA for the first time since Nov 2014. This momentum could push this stock much higher from here. Next resistance is now seen at $1.50 then 2.07.

( click to enlarge )

VirnetX Holding Corporation (NYSEMKT:VHC) was able to get up through the key resistance level ( 50-day exp moving average ) and sustained the move. The stock hit a high of $5.73, which is resistance for Tuesday’s move. If the stock can break through resistance, we should see a strong follow through move. Watch the stock closely tomorrow.

( click to enlarge )

Wynn Resorts, Limited (NASDAQ:WYNN) is on the verge of a possible technical breakout. The stock closed slightly below the 50-day exponential moving average on the daily chart. Any close above this key EMA is a signal that there is a potential long-term trend change taking place.

( click to enlarge )

Advanced Micro Devices, Inc. (NASDAQ:AMD) had a very interesting day as it broke out of a small base and closed near the highs. Key resistance is located at 2.66, a break above this level will confirm the short-term bullish trend and will take price up to 2.9 zone.

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, FCEL, PLUG, SD, VHC, WYNN

22:15 | Permalink |

Stocks to keep an eye on January 14, 2015

( click to enlarge )

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) is in a bullish flag pattern consolidating its strong rally from the 3.8 to 6.28 levels. Today, it jumped 40 cents or 7% closing the day slightly below its recent highs, which is highly possible to be broken soon. If the stock breaks above that level, it could retest the May highs of 2014 in the 6.72-7.22 area within the next couple of days.

( click to enlarge )

Sanchez Energy Corp (NYSE:SN) The recent pullback appears to be well supported based on the A/D indicator and we could see a strong move off these levels very soon. This was a $20 stock in October and at $8.62, in my honest opinion, there is a compelling risk / reward scenario. Look at the big volume days on chart, that's serious accumulation. On the upper side, the move is likely to accelerate above 8.95. Short-term investors can hold the stock as long as it trades above 7.66. The stock is starting to bounce and should be one to watch going forward.

( click to enlarge )

Northern Oil & Gas, Inc. (NYSEMKT:NOG) jumped 27 cents or 4.74%, today to close at 5.97, just slightly below the key resistance at 6.08 (50EMA). If broken tomorrow, this could move the stock price to re-test the recent high at 6.45, which appears to be the next resistance area.

( click to enlarge )

Seadrill Ltd (NYSE:SDRL) In the daily chart, indicators start getting exhausted in extreme oversold levels, suggesting an upward corrective movement.

( click to enlarge )

Vringo, Inc. (NASDAQ:VRNG) It looks like the stock price is building a base at these levels to bounce higher. While it may be too soon to say that this stock has hit bottom, at least on a relative basis the stock price is starting to show some signs of strength. Keep an eye for a possible breakout over 0.575

( click to enlarge )

Cempra Inc (NASDAQ:CEMP) As long as the stock holds the 9-day EMA, the trend is your friend ;)

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: ARNA, CEMP, NOG, SD, SDRL, VRNG

22:48 | Permalink |

Stocks to Watch for April 04, 2014

( click to enlarge )

Catalyst Pharmaceutical Partners, Inc. (NASDAQ:CPRX) started trading steady high volume over the last few days, what looks exactly like the start of a possible bull run. Technical daily chart is also showing Bullish Technicals across the board with very bullish EMAs, MACD and Stochastic indicators. If tomorrow the stock price breaks the resistance at 2.50, the next resistance level is at 2.90 and major resistance at 3. On radar.

( click to enlarge )

SandRidge Energy Inc. (NYSE:SD) Price broke out of the wedge pattern to the upside on solid volume. Today’s high was $6.54, which is resistance for the follow through move. If the stock price can break through this level, expect to see heavy volume drive the stock higher. I'll watch the stock closely on Friday.

( click to enlarge )

Trimble Navigation Limited (NASDAQ:TRMB) is getting ready to come out of a consolidation pattern. A close above $40.17 gets the party started.

( click to enlarge )

VirnetX Holding Corporation (NYSEMKT:VHC) has been in a strong upwards trend the past few days and looks ready to continue this move. The slope of the recent upward move is very steep accompanied by increasing volume. This momentum could push this stock much higher from here, so keep it on the radar.

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: CPRX, SD, TRMB, VHC

22:11 | Permalink |

Stocks to Watch for October 14, 2013

( click to enlarge )

Arotech Corporation (NASDAQ:ARTX) is looking to get back over $2 based on the chart above. After days of trading sideways in a relatively narrow range, this stock is finally on the move again. The volume is starting to pick up and there could be a decent short squeeze (short float 15%) if the stock breaks above this range. Resistance levels to watch will be 1.98, 2.24 and 2.71 with support levels at 1.83 and 1.66. The technical indicators paint a BULLISH picture. The stock is rising above all major EMAs. The MACD has just entered the positive zone and above the signal line. The Slow stochastic and the RSI are both above their 50% levels. Next week will be for sure a key week for ARTX technically !!! Be prepared for a Big run !!! Stay invested w/ a stop-loss at 1.66

( click to enlarge )

China BAK Battery Inc. (NASDAQ:CBAK) still looks pretty good on the technical daily chart with volume expanding as it moves higher, MACD crossover too. CBAK continues to look bullish and had a decent day Friday.

( click to enlarge )

Alcoa Inc (NYSE:AA) closed last week above the 200-day EMA and is registering a Bullish signal. Let’s see whether the stock can gather enough momentum to break through 8.42. If the Bulls are able to push through this level, there will be another rally towards 8.68. Technical indicators have turned bullish.

( click to enlarge )

SandRidge Energy Inc. (NYSE:SD) continues to trades within a steady uptrend channel. Next buy point will be on the day it blows through $6.25 on heavy volume.

( click to enlarge )

Zoetis Inc (NYSE:ZTS) Near-term outlook appears positive. A move above the key resistance level of $32.9 would help the stock touch the immediate PT of $33.98-34.21. Only a drop below $31.02 would negate the positive outlook for ZTS.

( click to enlarge )

Apple Inc (NASDAQ:AAPL) is setting up nicely in a small base for a potential breakout, so keep an eye on it for a possible breakout over $498 on a close basis. Technical chart shows bullish sign with %K line on top of %D line and MACD on top of signal line. Only a close below $476.47 would negate the short-term bullish outlook for the stock.

( click to enlarge )

Arca Biopharma Inc (NASDAQ:ABIO) OBV Indicator continues its uptrend showing investor interest. A restest of 1.8 seems very likely. Last week, Dawson James initiated coverage on shares with a buy rating and a $3.75 target price.

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, AAPL, ABIO, ARTX, CBAK, SD, ZTS

16:31 | Permalink |

Stocks to Watch for September 9, 2013

( click to enlarge )

Celsion Corporation (NASDAQ:CLSN) had a great day on Friday. It opened at 1.18, ran to 1.39, and closed at 1.35, up 17 cents or 14.41%, on 8.48 million shares traded. That is not the best volume of the year, but the best in seven weeks. If it breaks through 1.41, we could see the 1.5-1.55 zone.

( click to enlarge )

Yelp Inc (NYSE:YELP) had a strong breakout early in August, took about five weeks to consolidate and on Friday finally broke out on over 8 Million shares, which was the best volume in about a month. Watch for a follow-through day on Monday and be sure to set a stop just below the 9-day EMA. Daily technical indicators are bullish but looking overbought. All the five major EMAs are rising and the stock is above them. YELP may be ready to make a move. Long setup.

( click to enlarge )

SandRidge Energy Inc. (NYSE:SD) is acting well. Friday it jumped 16 cents to 5.55 or 3% closing near the 200-day EMA. A close above this key level could accelerate prices higher. Daily technical indicators are looking bullish now. The MACD is slightly positive, but is rising above its signal line and the RSI has moved above its 50% level. Next week keep an eye on SandRidge Energy shares.

( click to enlarge )

Sirius XM Radio Inc (NASDAQ:SIRI) is a stock to watch closely next week. SIRI has bounced back from recent lows and the technical chart is now showing some signals of improvement through some indicators, such as MACD and RSI. The stock, which lost 5 cents, or 1.32%, to 3.75 on Friday is nearing the top of the sideways channel and the crucial $3.85 resistance that it has been in for the past month. Look for a break above this key resistance area, which could easily send to stock to $4. Note: Bullish MACD crossover

( click to enlarge )

Himax Technologies, Inc. (NASDAQ:HIMX) The stock pulled back on Friday after gaining more than 30% during the past three sessions. The short-term uptrend will remain in place as long as the stock holds above 7.85 ( previous breakout / now support ).

( click to enlarge )

Yingli Green Energy Hold. Co. Ltd. (NYSE:YGE) stock printed a doji candlestick in Friday's trading, which indicates a potential reversal. I believe there is a high probability of seeing a meaningful pullback in the stock in coming days. Note: RSI marks overbought.

( click to enlarge )

Cubist Pharmaceuticals Inc (NASDAQ:CBST) uptrend is trying to break resistance at the 65.6 level. If resistance is broken, then there is no resistance above. The stock has limited downside risk with support at the 60 level. On watch.

( click to enlarge )

Baidu Inc (NASDAQ:BIDU) Seems like there's a potential rounding top pattern on daily chart. The downside prevails as long as 143 is resistance.

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: BIDU, CBST, CLSN, HIMX, SD, SIRI, YELP, YGE

09:14 | Permalink |

Here are few stocks to watch on Tuesday

( click to enlarge )

Jamba, Inc. (NASDAQ:JMBA) made a new 52-week high of $2.88 after gaining nealry 5% in yesterday's trading. The 52-week range for JMBA is 1.21-2.88. The stock trend looks really positive and could move up further with resistance at $3. Although sentiment remains bullish on JMBA, overbought conditions could see a corrective decline in the coming sessions. Immediate support is at 2.62-2.4 levels now. From a technical standpoint the stock is trading above all of three major moving averages. Plus, the MACD is positive and rising. Nevertheless, there is a need for some profit-taking for some consolidation from these high levels. For those who did not have a chance to buy the stock, any pull back is your buying opportunity.

( click to enlarge )

Apple Inc. (NASDAQ:AAPL) - In the short term, the stock is in a medium-term bullish configuration. The technical indicator MACD is positive and above its signal line. As long as 575 is not broken down, I favour a down move with 620 and then 644 as next targets.

( click to enlarge )

Orexigen Therapeutics, Inc. (NASDAQ:OREX) hit a new 52-week high yesterday, trading as high as $7.65 before settling at a close of $7.40. Technical chart still show strong sign of accumulation. I'll be watching the stock today, looking for a follow through move. Resistance reflects yesterday’s high of $7.65.

( click to enlarge )

InterDigital, Inc. (NASDAQ:IDCC) - The decline over the last sessions occurred on lower volume and the stock is firming around 27. Technically, the stock still in downtrend in short term but at this level is showing some resistance to move down. The current price is above the 50-day moving average of 26.4. Sustained move above the 28 level could signal development of an new uptrend. IDCC looks like it is gonna squeeze some shorts to me. Let's keep an eye on it.

( click to enlarge )

SandRidge Energy Inc. (NYSE:SD) - The stock keeps holding the major support nicely. Watching for a close above $6.75.

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, IDCC, JMBA, OREX, SD

08:41 | Permalink |

AC Investor Blog

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

Monday, January 26, 2015

Stocks to keep an eye on January 27, 2015

Tuesday, January 13, 2015

Stocks to keep an eye on January 14, 2015

Thursday, April 03, 2014

Stocks to Watch for April 04, 2014

Saturday, October 12, 2013

Stocks to Watch for October 14, 2013

Saturday, September 07, 2013

Stocks to Watch for September 9, 2013

Tuesday, July 17, 2012

Here are few stocks to watch on Tuesday

About Me

FREE NEWSLETTER

Support AC

Follow me

Advertising

PREVIOUS POSTS

TRANSLATOR

Site Information

Stock Market Blogroll

Friends BLOGROLL

ARCHIVES