AC Investor Blog

My “Trade Ideas Special” edition for the last week of 2020

Dearest Readers,

I hope you have had a great Christmas holiday and that you enjoyed the break. I want to thank you for all the kind messages you sent me over the past days. I do my best to read them all, even if I can't respond to each one. It's really nice to have your support. Thank you so much for 100000 followers on StockTwits and 82000 on Twitter, I never thought I'd hit that number so I'm super grateful !!!

2020 has been a successful year for the blog with some great wins for my readers. I look forward to another great year in 2021 with more amazing profit opportunities.

I personally wanted to wish everyone a Happy and Healthy New Year. Thank you for your support throughout 2020 and I look forward to sharing, meeting and working with more of you in 2021. Enjoy some great bubbly at midnight and please drink with responsibility. May you and your loved ones have a joyful 2021.

Here are some Trade ideas for the last week of the year.

( click to enlarge )

I re-entered last week on Fubotv Inc (NYSE:FUBO) around 44.35 for another swing trade. Short term momentum hit extremely oversold on Thursday, with a very slight positive divergence. Watch out for a cross above the $45 horizontal line to go long targeting the Gap zone abv $50. I respect what analysts say but the charts are my guide. I heard a lot of downgrades and short theories regarding BLNK valuation around $22 levels and take a look at the stock now....same happened with Tesla and Amazon. If you are a chartist like me, this is a pretty simple chart to read. You should be able to just look at it and make a determination as to whether it's a trade or not, given the indicators available. The time will tell us if I was wrong or not. I have no problem admitting I made a wrong call.

( click to enlarge )

TD Holdings Inc (NASDAQ:GLG) compelling positive daily technical divergences remain in place. I'm looking for a run to $2.30. Technically, the short term outlook has turned better after holding well above the $1.60 level, underpinned by improving technical readings of its daily charts. Additionally, the chart shows a MACD crossover, a bullish sign. Patience will play a big role with this stock. Patience is difficult in this market but can also pay off handsomely.

( click to enlarge )

Oriental Culture Holding Ltd (NASDAQ:OCG) dropped from over $25 a share to $5.4's in a few day's time. This recent IPO stock is now oversold near its major support and we've all seen how quickly it can head higher when the buyers come. If you haven't added this stock to your watch list, now is the time. This stock may be ripe for a bounce next week following the recent weakness.

( click to enlarge )

Marathon Patent Group Inc (NASDAQ:MARA) closed on Thursday at $10.92 a share and looks poised, at some point to rebound. Obviously, the short term trend is down right now, but finding the right spot to get in before the bounce can be a lucrative move. Looking at this hourly chart, what makes me think we are close to a bottom is the last four candles have seen lower volume (less selling), and less price range (stabilization). Plus, the stock has back tested successfully the broken yellow horizontal trend line resistance and is bouncing off of it. I think this bodes well for a bounce from current levels. Long setup on watch.

( click to enlarge )

Marin Software Inc (NASDAQ:MRIN) Plenty of upside room remains. I think this stock has found support around the $1.90-$2.05 range and looks poised to post a bounce from here. I could see a 25-40% possible bounce up to $2.8 - $3 a share if it can pass the resistance at $2.20 (downtrend line). The daily MACD is in buy mode while RSI is positive. This is a liquid stock with over 600k shares in daily volume. Its 52 week high is over $5.70

( click to enlarge )

ShiftPixy Inc (NASDAQ:PIXY) This low float play is beginning to make a move higher and looks like it is gonna squeeze some shorts here. Volume starts to pick up. Nearest resistance for the stock is at $2.61 EMA50. If this level is crossed and the stock price is able to sustain above this level, then it might go to $3-3.08

( click to enlarge )

Social Capital Hedosophia Hldg Corp III (NYSE:IPOC) Getting the explosion I called over a month ago. Enjoy the profits bulls !! My bullish view will remain intact, but due to its overbought technical indicators, near-term consolidation or such kind of small pullback cannot be ruled out. On the lower side, initially the stock will find support at 14.26 and 13.36 levels.

( click to enlarge )

Camber Energy Inc (NYSEAMERICAN:CEI) You know, sometimes hitting a winner in the penny market can be so effortless, and when it happens, you gotta celebrate a little bit !!! On 17th of December I told you all about the recent accumulation that I have been seeing on CEI, letting you know that a big rally might be in the cards. Well, on Thursday the stock gained a quick and easy 100% for those of you who were paying attention. Most traders close up shop for the week on Wednesday nights and head out for beers with their friends. The real traders, like YOU stick around on Thursday and make that extra weekend cash! So congrats for being a WINNER on CEI. What a great Christmas present it was !!! Keep an eye on MOXC for a potential type-move move soon.

( click to enlarge )

The Walt Disney Company (NYSE:DIS) The price is trending higher but within a range inside a bullish pennant formation. A consolidation at the highs is usually a pause before the stock breaks out on the upper side. A move past 179.45 with strong volumes will confirm this and will mean higher levels for the stock and a good trading opportunity on the long side. Long setup on watch.

( click to enlarge )

Sangamo Therapeutics Inc (NASDAQ:SGMO) has been in a consolidation phase in the past two sessions and if the stock is able to move past the strong resistance of 18.64 with good volumes, then it will mean higher levels for the stock. The relative strength line is exhibiting a small negative divergence, which is usually a bearish sign, but in this particular case could be considered a typical move after a huge rally. The MACD indicator for the stock is still above its trigger line. A bullish breakout abv 18.64 would imply a continuation of the recent upbeat momentum, with $20 the pattern target on the buyers’ radar.

( click to enlarge )

Biocept Inc (NASDAQ:BIOC) dont miss the break of this pattern. This cancer play should resume the upside. The MACD just triggered a buy signal. The trading volumes remain bullish as we continue to see rising volumes when the stock is moving higher and the trading volumes fall when the stock drops. BIOC will move quickly, so keep it on your screen next week.

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: BIOC, CEI, DIS, FUBO, GLG, IPOC, MARA, MRIN, OCG, PIXY, SGMO

17:33 | Permalink |

Stocks to watch in the coming Week and best wishes for a successful 2019

Dearest Readers,

First of all, please accept my apologies for the missing update of the blog over the last weeks, but in this period of the year my mind has been a little more focused on the family. Secondly, tomorrow i will not trade because im going to Lisbon to spend New Year's Eve. Lastly, I would like to thank you for your cooperation and support during 2018, with a high increase of followers on Stocktwits and a great increase in the number of followers on twitter. Wishing to all of you the best of the best for the new year.

( click to enlarge )

Apple Inc. (NASDAQ: AAPL) seems to be positioned to begin another bounce. Since the beginning of the month, the price action has been forming a descending channel on the hourly chart and a breakout is needed for further direction to be divined. Technically, the break to the upside is a strong indication that prices are headed higher. The standard MACD on the daily chart has been in divergence mode since last week and the price may rally towards the 18 December high of 167.53. Contrariwise, the price may fall to test the 24 December low of 146.59

( click to enlarge )

Qualstar Corporation (NASDAQ: QBAK) at breakout point. Solid company with great earnings and announced recently a significant stock repurchase program ($2.4 million). Stock recovered nicely last week and can potentially set-up very well for a swing-trade if the stock breaks through the resistance level at $5.25. The stock at least can hit the 100 day moving average at $6.46 cents per share. This company has no debt and a strong balance sheet. I love the risk/reward so long as it holds above the $4.60 area and expect to see another strong upside move very soon. Watch to see what it does here.

( click to enlarge )

Canopy Growth Corp (NYSE: CGC) In the short-term, I identify an opportunity for an upside recovery in this name, which remains to be confirmed. We have not had a clear capitulation to stop the cuurent bearish trend in progress but the major support around $25 which we arrived a few days ago have held, it managed to stop the decline. Technical daily indicators are showing some signs of recovery. MACD is poised for a positive crossover while its RSI is slowly picking up. Plus, on daily chart above a bullish pattern can be identified (falling wedge). On watch.

( click to enlarge )

I've mentioned ENDRA Life Sciences Inc (NASDAQ: NDRA) for the bulls out there. I stand by this position. The stock made a nice bounce last week and looks ready to continue imho. The Stochastic Oscillator is registering a bullish signal as the %K has crossed above the %D while MACD is also crossing up. The nearest trend is in favour of Bulls and NDRA has room to go higher. If the stock can break through $1.85, we should see strong volume drive the stock higher. Pattern: Possible double bottom. Stop 1.50

( click to enlarge )

Maxar Technologies Ltd (NYSE: MAXR) stock bounced strongly on decent volume and a rally to over $13 is highly expected. This makes it a stock to watch for technical traders.

( click to enlarge )

The near-term trend in Nio Inc (NYSE: NIO) remains mildly bullish, however, overall price is trading in a large sideways trading range. Long-term resistance stays at $8.35, which is a big area that the stock needs to break in the coming days/weeks. The technical daily chart is showing a possible bottom here. The %K line has just crossed on top over %D line showing buy signal as RSI is at oversold level. Immediate resistance 6.72

( click to enlarge )

Aphria Inc (NYSE: APHA) looks ripe for an explosive move upwards again while takeover rumors continue to spread. The stock had a bullish momentum on Friday, gaining more than 12% and closing near the highs of the session. With the bulls pushing shares higher, I expect the stock to see a continuation of high volume and price appreciation next week. Technically Speaking, this stock is showing signs of an upcoming breakout. I believe the stock is gaining momentum and could keep running !! Watch the stock closely.

( click to enlarge )

The area comprehended between 52c and 56c represents a heavy resistance for Globalstar, Inc. (NYSEAMERICAN: GSAT). At this stage, the stock is extended for additional positions, and is near the overbought zone. I really like the chart but at this level I would wait for a pull back before putting any cash to work. A close above 56c on volume would have positive implications and could drive the stock much higher. Keep GSAT on your radar.

( click to enlarge )

Sangamo Therapeutics Inc (NASDAQ: SGMO) I continue to watch this long-term downtrend line, if it can break up through there, its worth it for me to buy for a trade. This is a stock to keep an eye on in the future. On the downside, there continues to be solid support around $9.50. Short-term technical indicators are improving and MACD histogram bars are slowly picking up while RSI is neutral around 50. Keep an eye on it.

( click to enlarge )

The selloff in United States Steel Corporation (NYSE: X) has stalled. The medium--term trend is down, but this is a good spot to speculate on an oversold bounce. The stock has recovered from its its 52-week low of $17.08 hit on Wednesday and closed Friday at $18.25. The current rally should at least push the stock to $20 per share where the major resistance is. X needs to close above this level to indicate a continuation of the rally. If this rally fails, there’s a new downside risk.

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, APHA, CGC, GSAT, MAXR, NDRA, NIO, QBAK, SGMO, X

15:02 | Permalink |

My Watchlist for Thursday, November 16

( click to enlarge )

Dicerna Pharmaceuticals Inc (NASDAQ:DRNA) broke out today on decent volume, after it has been consolidating the past few trading days. The stock hit a high of $9.69 which is now resistance for Thursday’s follow through move.

( click to enlarge )

Sangamo Therapeutics Inc (NASDAQ:SGMO) Looks like there were some nice buys coming in today so we might have a possible breakout play here, there is little resistance until $17.06. From the technical chart above, both MACD and RSI are showing bullish sign. Keep an eye on SGMO.

( click to enlarge )

Abeona Therapeutics Inc (NASDAQ:ABEO) Strong volume breakout of a falling wedge pattern. Look for the $18.9 level as next target.

( click to enlarge )

Rosetta Genomics Ltd. (NASDAQ:ROSG) low float stocks are getting some love again and this one has a history of big rallies. Technically, could be in the early stages of a technical breakout. Indicators are also showing bullish signals supported by rising MACD and RSI on the daily charts. History can repeat itself, and we could be looking at the start of a rally for the stock short term. Trading low float stocks that have large moves to the downside, can make for great trades when they finally rally as CHFS has done.

( click to enlarge )

WPCS International Incorporated (NASDAQ:WPCS) What I like about this technical daily chart after today's close is the curling of the MACD. Based on the chart and price action, I think WPCS has a sharp rally coming. The float is just 2.7M of shares.

( click to enlarge )

Inpixon (NASDAQ:INPX) another low float stock with a good looking chart. Daily MACD is starting to curl, and we could see a quick pop from these levels. It has held the current 37c-42c range with 35c being strong support. Based on the technicals, if it breaks 40c tomorrow, I tend believe it can see 50c or better before weeks end.

( click to enlarge )

Anthera Pharmaceuticals Inc (NASDAQ:ANTH) a great trading session for this stock and it stock could continue to impress. Add this name to your watchlist.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.

Thanks for visiting AC Investor Blog.

AC

Labels: ABEO, ANTH, DRNA, INPX, ROSG, SGMO, WPCS

22:15 | Permalink |

My Watchlist for Tuesday, Aug 15

( click to enlarge )

Medgenics Inc (NASDAQ:GNMX) had a great move on the upside yesterday and closed above the declining 50-day EMA for the first time since March with volume backed confirmation. I went long as its quite possible we should see a short-term move to 1.85. The technical chart shows bullish sign with +DI line on top of -DI line and MACD rising. There could be good upside in GNMX so watch the stock closely on Tuesday.

( click to enlarge )

Vuzix Corporation (NASDAQ:VUZI) is setting up to break out and has one more level to go, which is $6.30. Daily technical indicators are looking bullish. The MACD has formed a bullish rounding bottom and crossed above its signal line, while the 9-Day RSI is about to cross into bullish territory. The stock has plenty of room to run and insiders are starting to buy.

( click to enlarge )

Qualstar Corporation (NASDAQ:QBAK) closed the day just above the break out point after some decent swings. The stock may attempt to go higher from here. The daily technical chart above shows the stock is on a bull market as the stock is trading above all EMAs and in a clear uptrend. Let's keep an eye on it as i think there could be a decent short squeeze.

( click to enlarge )

Ophthotech Corp (NASDAQ:OPHT) Big reversal candlestick on the daily technical chart on strong volume. The stock closed with an impressive gain of 6% to end the day at 2.71 (above the EMA50) after falling about 10% earlier in the session. This creates a bullish scenario going forward and we might see a strong bounce here. On the daily time-frame, the daily MACD lines and stochastics are all rising supporting the bullish view. If the momentum continues, the initial target price is 3.10, followed by 3.24. Short-term investors can hold with a stop at 2.37

( click to enlarge )

NVIDIA Corporation (NASDAQ:NVDA) bounced nicely off the 50-day EMA on volume. Based on the chart and price action, i think the stock should test the recent highs soon. On watch.

( click to enlarge )

Sangamo Therapeutics Inc (NASDAQ:SGMO) Huge run from my alert on twitter/Stockal. The stock broke above the upper line of the "consolidation" range and the volume was also above average.

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: GNMX, NVDA, OPHT, QBAK, SGMO, VUZI

08:59 | Permalink |

My Watchlist for Thursday, March 30

( click to enlarge )

TearLab Corp (NASDAQ:TEAR) looks bottomed and poised for a big bounce. This stock has a history of big moves and is just now reversing off $2.74 all-time lows. Short-term momentum oscillators have rolled bullish with MACD giving a buy crossover. So,we can expect a bounce towards 4.4/4.75

( click to enlarge )

Soligenix, Inc. (NASDAQ:SNGX) is bullish with a lot of hot indicators showing up. The slope of the recent upward move is steep accompanied by increasing volume. This momentum could push this stock much higher from here, so keep the stock on your radar for Thursday’s trading day, as there is good upside potential in this move. Breakout around the corner. Im long.

( click to enlarge )

Zosano Pharma Corp (NASDAQ:ZSAN) has had a hard time with resistance, but may be ready to move higher. The level which the stock may have trouble moving above, is today at $2. It would need to break above that level to run to $2.80. MACD is curling up and the Slow stochastic is showing positive crossover, signs that support the bullish expectations. The reversal seems especially likely to continue. Increased my position today.

( click to enlarge )

DryShips Inc. (NASDAQ:DRYS) Watching for $1.94 (EMA20) breakout on a good intraday setup.

( click to enlarge )

Sangamo Therapeutics Inc (NASDAQ:SGMO) Technical indicators are displaying good signs. Breakout watch over 4.85

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: DRYS, SGMO, SNGX, TEAR, ZSAN

22:38 | Permalink |

Stocks to keep an eye on June 04, 2015

( click to enlarge )

Voltari Corp (NASDAQ:VLTC) starts showing buy signals again. The latest candle is a strong bullish engulfing candle on massive volume and it is most likely that the stock will continue its move up. For now, expect a run up to next major resistance area around $10.8. Support lies around $7

( click to enlarge )

Shares of Sangamo Biosciences, Inc. (NASDAQ:SGMO) are starting to heat up again and are worth watching. If volume can pick up I believe this stock can break through resistance at $13.94 and re-test its recent highs around $16.

( click to enlarge )

Thin name but with a nice looking chart. If China Gerui Adv Mtals Grp Ltd (NASDAQ:CHOP) can break out above $2.32 (20EMA) on volume, I think the stock could shoot up to test $3. There looks to be good upside potential, so watch the stock very closely on Thursday.

( click to enlarge )

China BAK Battery Inc. (NASDAQ:CBAK) is trapped between the 50-day exp moving average and the 200-day exp moving average. I feel a big move is coming within the next few sessions. MACD is about to trigger a buy signal with RSI pointing upwards.

( click to enlarge )

XOMA Corp (NASDAQ:XOMA) Share price is gathering momentum to the upside and the first objective is at $4.20. The stock has been under accumulation for a couple days now. The volume on accumulation days consistently exceeded the volume on distribution days. That's a very bullish sign. Keep this one in your watchlist.

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: CBAK, CHOP, SGMO, VLTC, XOMA

22:43 | Permalink |

Stocks to keep an eye on April 24, 2015

( click to enlarge )

Sangamo Biosciences, Inc. (NASDAQ:SGMO) Today's close on high volume confirms a trend change from downward to neutral. Will watch to see if it can break this horizontal resistance line. Technical indicators are showing signs of turning around. Over $16.20 would be buy trigger.

( click to enlarge )

Digital Ally, Inc. (NASDAQ:DGLY) could be in the early stages of a technical breakout (falling wedge pattern on daily). If the stock can break through 13.50 tomorrow, I expect to see heavy volume drive the stock higher.

( click to enlarge )

BlackBerry Ltd (NASDAQ:BBRY) After consolidating sideways the last few days with an upward bias, the stock broke out upwards today accompanied by a volume surge. Looks good for higher prices.

( click to enlarge )

Ibio Inc (NYSEMKT:IBIO) Volume starts to pick up again. Could make a nice move to the upside. MACD lines are going up. Keep this one on your watch list. A break of $1.12 with force might give IBIO room to $1.31.

( click to enlarge )

CA, Inc. (NASDAQ:CA) looks like it is getting ready to move. It has a good base at $31 which can be used as a stop loss for long position. On the upper side, the move is likely to accelerate above $32.50. Long setup.

( click to enlarge )

MEI Pharma Inc (NASDAQ:MEIP) rebounded from the support line located at $2.05 and closed the day near the highs, gaining 4.8% on the session. I'm watching the stock to breakout the resistance level at $2.44. The technical indicators still indicate a bullish tone in short-term.

( click to enlarge )

I think Galena Biopharma Inc (NASDAQ:GALE) stock has found a nice bottom here and it looks poised to post a rally from current levels. The Slow Stochastic just produced a new buy signal. I would watch for a breakout over the $1.46-1.48 region.

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, CA, DGLY, GALE, IBIO, MEIP, SGMO

23:08 | Permalink |

AC Investor Blog

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

Saturday, December 26, 2020

My “Trade Ideas Special” edition for the last week of 2020

Sunday, December 30, 2018

Stocks to watch in the coming Week and best wishes for a successful 2019

Wednesday, November 15, 2017

My Watchlist for Thursday, November 16

Tuesday, August 15, 2017

My Watchlist for Tuesday, Aug 15

Wednesday, March 29, 2017

My Watchlist for Thursday, March 30

Wednesday, June 03, 2015

Stocks to keep an eye on June 04, 2015

Thursday, April 23, 2015

Stocks to keep an eye on April 24, 2015

About Me

FREE NEWSLETTER

Support AC

Follow me

Advertising

PREVIOUS POSTS

TRANSLATOR

Site Information

Stock Market Blogroll

Friends BLOGROLL

ARCHIVES