AC Investor Blog

My Watchlist for Tuesday, October 25

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Editas Medicine Inc (NASDAQ:EDIT) has been trading heavy volumes recently and continue to impress with another show of strength. Could move toward 17.50 area if it breaks and closes above the declining 50-day EMA. Technicals look Bullish to me. Momentum picking up with MACD climbing and RSI rising. Watch for continuation.

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Digital Ally, Inc.(NASDAQ:DGLY) I alerted my followers on twitter this morning at 5.80 after read the news. The company announced the receipt of notable orders from the Santa Fe, New Mexico Police Department for its FirstVu HD body-worn camera, DVM-800 in-car digital audio/video system, DVM-440Motorcycle system and patented VuLink automatic activation system. DGLY had a nice breakout today with a pop of 70 cents to 6.40 or 12% on 253K shares, the biggest volume in a couple weeks. The 6.30 resistance was taken out with a thrust and could lead to more upside.

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NVIDIA Corporation (NASDAQ:NVDA) made a new 52-week high today closing at $70.71 on solid volume. The stock hit a high of 70.79, which is now resistance for Tuesday’s continuation move. If the stock can break through resistance, we should see another upside move.

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Oclaro, Inc. (NASDAQ:OCLR) On my watch list. $8.33 (EMA20) is pretty much the pivot here. If the stock closes above this key level, momentum traders are likely to send the stock up to $9.30 again.

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Sirius XM Holdings Inc. (NASDAQ:SIRI) is quietly gaining momentum. The major resistance level is not that far away and would represent a point of serious resistance. Fresh buying may be considered on a move past $4.22, using the rising EMA200 as stop-loss. The MACD had just cut above its signal line. 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: DGLY, EDIT, NVDA, OCLR, SIRI

21:49 | Permalink |

Stocks to Watch for March 22, 2016

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The index is exhibiting signs of topping on Hourly chart. Indicators are displaying negative divergences as they failed to make new highs as highlighted in the technical chart above, so the Bulls have to be cautious.

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Fitbit Inc (NYSE:FIT) broke out of a small consolidation pattern on solid volume and could eventually rally up to 16. Looking at the technical daily chart the near-term outlook is positive. Let’s see whether the stock can gather enough momentum to break through the key $15 level tomorrow morning.

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BlackBerry Ltd (NASDAQ:BBRY) Still flagging. Could pop nicely over 8.20

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Acacia Research Corp (NASDAQ:ACTG) successfully close above the $4 level on very impressive money volume. This is a very bullish development. Short-term technical indicators are Bullish. If the stock can break today’s high of $4.21, we should see a strong follow through move. Next major resistance level lies at 4.50

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General Electric Company (NYSE:GE) has a chart set to breakout. Watch over $31.24

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Sirius XM Holdings Inc. (NASDAQ:SIRI) has been in a nice bullish consolidation over the last three weeks and appears ready for another breakout. Keep on watch.

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: ACTG, BBRY, DJIA, FIT, GE, SIRI

21:17 | Permalink |

Stocks to keep an eye on April 15, 2015

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United States Steel Corporation (NYSE:X) appears ready for a breakout above key resistance at 26.07 area. If breakout above the 100-day exponential moving average occurs, I expect to see the stock move toward the 27.5-28 area.

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On my watch list for Wednesday. Viggle Inc (NASDAQ:VGGL) looks to have bottomed. The stock broke the $1.49 resistance level (20EMA) today on strong volume and could eventually rally up to test its 50-day EMA tomorrow. Looking at the technical daily chart the near-term outlook is very positive and a move to the 1.88-2 range appears likely. In addition, MACD indicates positive momentum, while RSI is also gaining strength. Let's keep an eye on her.

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King Digital Entertainment PLC (NYSE:KING) looking strong. With almost 28% of the float short, the stock should continue to move higher, despite the fact that it has already enjoyed strong gains.

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58 dot com Inc (NYSE:WUBA) hits a new 52 week high and held up very well when the nasdaq was tanking. It will likely have the attention of the swing-traders in the next days. I will wait for a pullback, if it comes.

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Over the past eight weeks, shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) have been consolidating in a sideways range near its all-time high. This price action and has led to the formation of a large bull flag on its daily chart. The stock is likely to breakout to new highs in the coming sessions, so keep it in your radar screen.

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ZIOPHARM Oncology Inc.(NASDAQ:ZIOP) Strong Bullish candle on high volume today. Looks like higher prices to come. The RSI also confirms the new uptrend and the stock trades comfortably above all EMAs. Next resistance is located at $11.98, while immediate support has moved up to $10.98.

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GoPro Inc (NASDAQ:GPRO) is trading higher in post-market session following an after-hours upgrade from Piper Jaffray's Erinn Murphy. The analyst now rates GoPro shares as an Overweight, and set a $55 price target on the stock. Currently, shares are higher by 2%, trading around $45.3, they ended the regular session at $44.48. Following the investors reaction in the extended trading we should see a gap up tomorrow morning. It will be important to see if the stock will have legs to break and close above $46. A breakout above this level would constitute a technical entry for the short term trader looking for a quick trade.

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: GPRO, KING, SIRI, VGGL, WUBA, X, ZIOP

22:25 | Permalink |

Stocks to keep an eye on March 30, 2015

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BlackBerry Ltd (NASDAQ:BBRY) posted better-than-expected quarterly earnings yesterday, showing clear signs that its turnaround efforts is giving the first results even with less revenue. They are doing a great job avoiding any cash burn during the business transition. The best part of the report in my opinion was the software revenue that rose 20% from a year earlier, offering signs of the ongoing transition to a more software-driven revenue stream. In addition, the company reported positive cash flow of $76 million in the quarter and its cash position is now $3.27 billion. I continue to believe in Blackberry and in its management, I don’t care about what some analysts are saying due to its conflict of interests. My long term investment requires patience but it will pay off someday. I want to double my money in this one as I have been saying for weeks on twitter. Im very familiar with Blackberry products and all its features, therefore I know in what im currently investing. I could be wrong, I could lose my money but the risk/reward it seems favorable to me. John Chen is doing the same work in controlling operating expenses and eliminating its cash burn like he did at Sybase in the beginning. Im here for the long run. From a technical standpoint, the chart is displaying positive divergences on momentum indicators and with the stock oversold, these are the perfect conditions for a short-term rally IMHO. The RSI has reversed the course and the daily MACD is starting to curl up, suggesting that a positive crossover could be coming soon. I would look for a move up to $10.06 resistance soon.

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Facebook Inc (NASDAQ:FB) On the daily chart price has back tested successfully the breakout zone. Let's see if the price can hold above this key support area next week and move higher.

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Rambus Inc. (NASDAQ:RMBS) has a very interesting daily chart and could have a bigger move soon. The break of the next key resistance line with heavy volume should be the next buy point on Rambus. If it clears resistance at $12.88, the move may be powerful. Despite recent decline, the daily RSI remains above 60 levels and may support the bullish argument here. Additionally, the A/D line still show the stock is on the positive swing. On watch.

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Rite Aid Corporation (NYSE:RAD) looks like it's getting ready to move. The price broke through its previous resistance point of 8.48, made a new 52-week high but failed to close above, however this was the first signal that I was looking for since a while. On the grand scale, in white, you will see a large cup and handle pattern and if broken the target will be around $12. Next key resistance is now located at $8.73 (yesterday's highs), a break above this level will confirm the bullish trend and the following uptrend will take price up to $9 zone.

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Ibio Inc (NYSEMKT:IBIO) should see some trading activity on Monday as investors interest continues to increase after yesterday's Reuters news wire: British Ebola patient cured after experimental treatment. MIL 77 is a close relative of another experimental medicine ZMapp. Resistance for the move is 78c (100EMA). This stock will move quickly and is very volatile, so be careful with your share size and entry price. I bought some shares on Friday..Let's see..This chart definetely looks like a bottom chart to me.

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I've been stating fordays that King Digital Entertainment PLC (NYSE:KING) was trying to bottom. Last week the stock resumed a fresh up move after 2 weeks of consolidation and seems poised for a breakout above the 16 mark. On the grand scale, we can also see that there is also a Bullish inverted head and shoulders pattern developing with the neckline around 16.10. The recent high volume along with positive crossover of MACD on the daily charts suggest fresh buying interest in the stock. I'm Bullish on KING.

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) had a signficant pullback last week that was stopped by its 50-day EMA at 10.62. Price needs to hold this key support area and break out above the 20-day EMA at 12.24 for a potential short-term uptrend move. The daily momentum indicators are showing mixed-signals with a positive bias.

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Twitter Inc (NYSE:TWTR) Price has been having wild swings since it broke the $50 level. The outlook remains positive supported by the EMAs and momentum indicators. Watch for a break out back above the 51.87 level which is Wednesday's high.

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Sirius XM Holdings Inc. (NASDAQ:SIRI) has been in correction mode the last couple of weeks. It needs to sustain above $3.81 to make a move to its recent high of $4.04. If it does not catch support here, look for support at the 100-day EMA at 3.70. On a short term basis, MACD and RSI show bearish signs.

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From my point of view, I think Kite Pharma Inc (NASDAQ:KITE) may break down here. Up/Down volume pattern indicates that the stock is under Distribution IMHO. The stock price closed fractionaly last week above the major support at $58, but any close below this level could have further negative implications for the stock, and a move to $50 cannot be ruled. At this time the price is still trading below short-term EMAs. In addition, falling MACD, now below 0, also indicates bearish trend. Fresh long positions, should be initiated only when the stock moves above $65.

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, FB, IBIO, KING, KITE, RAD, RMBS, SIRI, TWTR, ZIOP

15:05 | Permalink |

Stocks to Watch for Aug 22, 2014

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Voxeljet AG (NYSE:VJET) closed on Thursday at 15.82 advancing 3.74% with 287.600 shares changing hands. The daily chart shows a falling wedge pattern alert that generally resolves in a breakout to the upside. If the stock breaks the downtrend line resistance at 16 a breakout buy and pattern reversal will trigger an entry long with possible upside follow through to 17.29 then to 20. In addition, the MACD is showing a bullish cross, indicating that this push higher may be the start of something much bigger to come.

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3D Systems Corporation (NYSE:DDD) looks to have built a base and wants to make an upside move. If the stock can break through $50.14, we should see strong volume drive the stock higher. You need to watch this closely because it could break resistance.

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Bank of America Corp (NYSE:BAC) broke out and never stopped all day. There is a good chance it will continue to move up. If the stock price can break through $16.48, we should see it move up to $17-17.5. Looking at the technical chart the investor sentiment in stock showed by RSI continues strong and MACD is rising in positive territory.

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I continue to hold my long position in Neurometrix Inc (NASDAQ:NURO). Im waiting for the regulatory approval of the NC-Stat DPN Check device in China, approval that should be around the corner. Hopefully any day now. This product has no competition and was approved in USA and Japan.

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Valeant Pharmaceuticals Intl Inc (NYSE:VRX) For a long entry, the stock price needs to take out the major resistance line and its EMA9 needs to cross above the EMA13.

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Sirius XM Holdings Inc. (NASDAQ:SIRI) Chart looks bullish. Keep an eye for a possible breakout over $3.61

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) Today the stock has made a new 52 week low, closing the day at $4.11. Looking at the daily chart, we can see that the trend is clearly downwards. Not a pretty picture. ARNA demonstrates a distribution mode and weakness by struggling to sustain above short term moving averages.

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, BAC, DDD, NURO, SIRI, VJET, VRX

22:57 | Permalink |

Stocks to Watch for June 23, 2014

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BlackBerry Ltd (NASDAQ:BBRY) popped on Friday above its major resistance line at 9.71 on huge volume. This strong move confirms the stock's reversal. The uptrend that began in May has steepened in recent sessions after the earnings report, which could be seen as an indication that the stock price may be getting parabolic. Considering this strong momentum in the past week, the stock looks set to break higher above and rally towards 12+ in the near term. Technical indicators are bullish with MACD rising sharply above its signal line and has entered in the positive zone implying upward momentum. Stock price is he major moving averages. Stay invested and use dips to add.

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Lastly, looking at the long term chart we see that stock broke the downtrend line from the 18.32 high with volume expansion. It's a very important breakout because the stock has taken out a trend line, which was holding the up moves since 2013.

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Amkor Technology, Inc. (NASDAQ:AMKR) Friday's action not only confirmed the breakdown below the rising 9-day EMA it also closed below the 20-day EMA on strong selling volume. The next stop is the rising 50-day EMA now located at 9.64. However, the major support is around 9, which coincides with the uptrend trend line.

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Apple Inc. (NASDAQ:AAPL) stock closes the week slightly above the 20-day EMA located at 90.79. This EMA can be seen as a key support zone, which could determine the intermediate stock price direction. The next significant zone of support would be near the 88 level, which if breached may suggest that stock price could test its 50-day EMA. Technical indicators continue showing signs of weakness.

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Sirius XM Holdings Inc. (NASDAQ:SIRI) gained 1.65% last week, but the stock failed to close the week above its 200-day exp moving average on Friday, a sign that the recovery remains fragile. The stock needs to regain this major EMA next week or things could get very ugly. Failure to cross this resistance level can be seen as a setback for investors and could cause the stock to trade sideways or reverse.

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TriQuint Semiconductor (NASDAQ:TQNT) It was on Thursday that I listed this stock on the radar screen as a potential breakdown candidate and that scenario remains a real possibility. Use a trigger below the 15.90 level and target the 50-day EMA at 15. Technical indicators are still showing negative divergences.

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India Globalization Capital, Inc. (NYSEMKT:IGC) This black ugly candle last friday was accompanied by high volume, signaling a possible distribution day for the stock. If it breaks below the 20-day EMA I will certainly consider a short.

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, AMKR, BBRY, IGC, SIRI, TQNT

19:05 | Permalink |

Stocks to Watch for October 11, 2013

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Rambus Inc. (NASDAQ:RMBS) Looks like the 50-day EMA acted as a nice support for the stock, as it was able to bounce from the short-term downward movement. The stock closed the day with a strong bullish engulfing candle. Need some follow through tomorrow. Resistances can be found at 9.5 and 9.69.

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Arca Biopharma Inc (NASDAQ:ABIO) is a stock that could head higher from Thursday's close. ABIO is in the process of bottoming and I expect a pop above $2 at some point in the coming days/weeks. From a technical standpoint, the indicator MACD remains contained by a consolidation, however the OBV continues to show strong accumulation. At some point this stock will explode to the upside imho.

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Transcept Pharmaceuticals Inc (NASDAQ:TSPT) looks right on the verge of a breakout. If the stock clears resistance the move may be powerful. At this moment, there's a clear battle between bulls and bears, as the trading today ended with an impasse. But, based on the MACD and the RSI, there is a higher possibility that the bulls will win this battle.

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Oclaro, Inc. (NASDAQ:OCLR) is flagging here. If it's breaks $1.95 it will absolutely fly into the 2's right away.

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Sirius XM Radio Inc (NASDAQ:SIRI) continues to hold its ground. Breakout watch over 4

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Pitney Bowes Inc. (NYSE:PBI) is a potential breakout play. Momentum picking up with MACD climbing and RSI rising. Breakout watch over $19.38.

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: ABIO, OCLR, PBI, RMBS, SIRI, TSPT

22:50 | Permalink |

Stocks to Watch for September 27, 2013

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Ceres Inc (NASDAQ:CERE) looks to have bottomed. The stock broke the $1.37 resistance level today on strong volume and could eventually rally up to test its 50-day EMA. Looking at the technical daily chart the near-term outlook is very positive and a move to the 1.55-1.68 range appears likely. In addition, MACD also indicate positive momentum. To think CERE was trading at $5 not long ago.

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Applied Materials, Inc. (NASDAQ:AMAT) had a strong breakout on Tuesday and is now in overbought conditions, so wait to see if it could form a flag pattern. The next buy area is when it clears $17.94 resistance on volume, it needs a consolidation imo.

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Entropic Communications, Inc. (NASDAQ:ENTR) Poised to clear this major resistance area. Keep on watch for the break on volume and go long.

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Yahoo! Inc. (NASDAQ:YHOO) Breaking out to new highs on volume, looks good for higher prices.

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Sirius XM Radio Inc (NASDAQ:SIRI) Thursday's close confirms a trend change from downward to neutral in short-term. Let’s see whether the stock can gather enough momentum to break through $4

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: AMAT, CERE, ENTR, SIRI, YHOO

22:28 | Permalink |

AC Investor Blog

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

Monday, October 24, 2016

My Watchlist for Tuesday, October 25

Monday, March 21, 2016

Stocks to Watch for March 22, 2016

Tuesday, April 14, 2015

Stocks to keep an eye on April 15, 2015

Saturday, March 28, 2015

Stocks to keep an eye on March 30, 2015

Thursday, August 21, 2014

Stocks to Watch for Aug 22, 2014

Saturday, June 21, 2014

Stocks to Watch for June 23, 2014

Thursday, October 10, 2013

Stocks to Watch for October 11, 2013

Thursday, September 26, 2013

Stocks to Watch for September 27, 2013

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