AC Investor Blog

Stocks to keep an eye on July 16, 2015

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OHR Pharmaceutical Inc (NASDAQ:OHRP) strong enough to say and the "Bulls" are back. The stock finished the day up 26.61% on huge volume of over 18 million of shares exchanging hands on the day. Great volume and a 26.6% gain on the day makes the stock a clear and easy winner. Looking at the daily technical chart above I’m extremely confident that the gains will continue and the 200-day EMA is the next target. The stock appears to be under strong accumulation. The MACD momentum has turned positive and A/D is on a strong uptrend which when combined with the strengthening MACD could spell a strong move for the stock. Stay tuned.

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ITT Educational Services, Inc. (NYSE:ESI) traded nicely today and I am looking for continuation of the upward direction tomorrow. This stock is a short squeeze candidate, with a short float at 65% equivalent to 9 days of average volume. From a technical standpoint, the daily technical chart shows that the stock is in a rally as %K line is rising on top of %D line as the price is back above the short-term EMAs. The MACD is turning up. The RSI is also rising along with the rise in volumes, which indicates buying interest in the stock. In addition, the stock seems to have broken out on the upside from a falling wedge pattern and probably might target its 100-day EMA in short-term around $5.25 or so. Can get interesting. Keep close eye on this one for a major rally to the upside.

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SanDisk Corporation (NASDAQ:SNDK) The technical indicator MACD is starting to look like it may cross very soon, which indicates momentum is shifting towards the upside. Keep this on your watchlist. Im long.

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I have been watching Career Education Corp. (NASDAQ:CECO) over the past few days, waiting for a possible upside move. The stock seems to have found a strong support at present levels. The technical indicators are improving significantly. The slow stochastic has moved above the 29% level and MACD signal line crossed over to the upside. CECO could have good upside potential, so watch the stock closely.

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Prima Biomed Ltd. (NASDAQ:PBMD) looks about ready to pop here! The price needs to break today's high of $1.64 to expect a strong rally at this point.

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BlackBerry Ltd (NASDAQ:BBRY) As you know, I like this stock for a long-term hold. It's part of my portfolio and I intend to stay with it. Calling the bottom is always difficult, but based on the daily technical chart above we might have seen the bottom. It's noteworthy that the MACD has finally crossed over and %K line has just crossed on top over %D line showing buy signal. Resistance stays at $8, which is a big area that the stock needs to break. Watch BBRY again on Thursday, and once it breaks resistance we should see a strong upside move. You should keep this stock on your screen radar.

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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: BBRY, CECO, ESI, OHRP, PBMD, SNDK

22:45 | Permalink |

Stocks to keep an eye on March 6, 2015

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CTI BioPharma Corp (NASDAQ:CTIC) confirmed my previous outlook and broke decisively above its 200-day EMA today. I will be watching the stock again on Friday for a continuation move through Thursday’s highs of $2.73. The daily MACD shows the strength of conviction behind this Bullish trend. From here we can expect a run to the $3 area. Lets keep an eye on it.

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SanDisk Corporation (NASDAQ:SNDK) needs to take out 83.91 in order to convince bullish buyers at current levels. The technical daily indicators are looking mildly bullish with MACD rising above its signal line but in negative territory.

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PDL BioPharma Inc (NASDAQ:PDLI) is still trading around its 50-day EMA which has been a strong resistance over the past several weeks. I plan to buy the stock if it can break and close above this key resistance level.

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JA Solar Holdings Co., Ltd. (NASDAQ:JASO) Strong breakout of resistance on volume confirmation. The breakout signals a continuation of the prior advance. As long as 8.50 holds (rising 50EMA) this breakout is in a great shape.

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Halozyme Therapeutics, Inc. (NASDAQ:HALO) had a nice surge four weeks ago and has been consolidating that move since then. Watch for break above this consolidation area and go long.

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Skyworks Solutions Inc (NASDAQ:SWKS) has had a monster run over the last six months but looks a bit overextended to me.

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Pacific Ethanol Inc (NASDAQ:PEIX) Rallied hard Thursday on massive volume. A break over today's high could push it to test $15. The near-term outlook is bullish for the stock. MACD is positive and above the signal line. RSI is moving up and above its 50% level. Long setup.

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: CTIC, HALO, JASO, PDLI, PEIX, SNDK, SWKS

23:07 | Permalink |

Stocks to Watch for July 24, 2014

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Wal-Mart Stores, Inc. (NYSE:WMT) had a slightly bullish day today, closing with a gain of 35 cents to $76.99. The stock price is still in a short period of consolidation, moving sideways since 3 weeks ago. The bias remains bullish in short-term testing 77.57-77.76 resistance area.

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Netflix, Inc. (NASDAQ:NFLX) continued its bearish momentum today, closing the day near the key support of 425.45. My technical outlook remains bearish. A clear break and close below that area could trigger further bearish pullback testing 400.

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SanDisk Corporation (NASDAQ:SNDK) is still showing relative weakness. I think the stock is forming here a bear flag pattern on daily and then it will collapse to 90.

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What a rally for Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) late in the day. I have to believe that this rally will resume in earnest tomorrow. I feel a rally to $6 and better is in the cards short term. Stop 5.52 9EMA

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Jamba, Inc. (NASDAQ:JMBA) That is a good looking chart. It's a buy on a daily close above 12.44. Stop loss 11.92

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Baxano Surgical Inc(NASDAQ:BAXS) Technical indicators are displaying positive divergences and I think we could see a strong reversal over the coming days. The stock price sits right at its 52-week low and has fallen from over $1.70 a share to the current $.50 price. Today's heavy volume could be signaling a temporary bottom.

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: ARIA, BAXS, JMBA, NFLX, SNDK, WMT

22:42 | Permalink |

Stocks to Watch for July 21, 2014

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Infoblox Inc (NYSE:BLOX) formed a Bullish Engulfing candlestick pattern on Friday, which is a bullish candlestick. As I've mentioned on Twitter, call options were very active, particularly the January calls with strike prices significantly above the current market. For the short term the stock should still continue to go up. A close above $12.70 would have positive implications and could push the stock to the 13.47-14 range. With technical indicators showing positive divergences and options traders buying calls, we might see some nice bounces from current level.

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SanDisk Corporation (NASDAQ:SNDK) The post-earnings selloff led to Sandisk stock breaking a three-month uptrend in a day by a good amount of selling. Technicals are indicating bearish trend. We might retest support at 100-day EMA in the next few days.

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Plug Power Inc (NASDAQ:PLUG) surged in the final hour of trading Friday and closed back over $5. The real fireworks should begin if the stock price can close above $5.25. As long as the stock can remain above its 50-day EMA, I like the stock.

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RF Micro Devices, Inc. (NASDAQ:RFMD) broke to a new 52 week high Friday. The volume was what we want to see when a stock breaks resistance. Let the 50-day EMA (yellow line) be your guide.

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Vipshop Holdings Ltd (NYSE:VIPS) The break of the key resistance line with heavy volume should be the next buy point. Daily technical indicators are bullish.

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Shire PLC (NASDAQ:SHPG) remains very strong. She's extended but no one seems to care. I would wait for a little more consolidation before jumping in, but it looks like SHPG is a stock to keep an eye on for awhile. So, I will be watching her carefully for any possible opportunities.

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: BLOX, PLUG, RFMD, SHPG, SNDK, VIPS

16:47 | Permalink |

Stocks to Watch for July 10, 2014

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Rackspace Hosting, Inc. (NYSE:RAX) broke and closed below the key EMAs 50 and 100 on decent volume today. This is a bearish development paving the way for weakness to 33. Both the MACD and RSI indicators have given bearish signals, which also confirms the bearish price action. Short setup on watch.

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DARA Biosciences Inc (NASDAQ:DARA) closed the day gaining over 5% on solid volume. The stock has started to bounce and seems to be ready for another run up. Some technicals are turning up here. Further strength above 1.34 opens the door to 1.52. Put her on your radar.

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BlackBerry Ltd (NASDAQ:BBRY) share price continues to show lot of strength. Let the profits run.

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United Parcel Service, Inc. (NYSE:UPS) Keep this Cup with Handle on your watch list. Breakout watch over 104 on volume.

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IAMGOLD Corp (NYSE:IAG) Rallied hard Wednesday on heavy volume. If it clears back over 4.19 (200EMA) may have some good upside.

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SanDisk Corporation (NASDAQ:SNDK) showed relative weakness today. The stock is trading just below its 9-day moving average but is still trading above its 20 and 50-day exponential moving averages. Although the medium/long term trend is still bullish, both the RSI and MACD indicators have given early bearish signals (negative divergences) to suggest a stock price correction.

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, DARA, IAG, RAX, SNDK, UPS

22:17 | Permalink |

Stocks to Watch for June 16, 2014

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Endocyte, Inc. (NASDAQ:ECYT) is forming a potential rounding bottom formation on the daily chart and its neckline is at 7.30. The price rise with increase volume during last week’s trade, suggests bullishness in this stock. Among oscillators, the MACD and RSI are rising indicating strength in the current uptrend. The stock price was unable to rally above the 13-day exp moving average during the month of May, but managed to do so last week. Breaking through this key moving average could signal a trend reversal, with huge upside potential and a Monster gap above the 7.30 level. All eyes on ECYT next week.

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FormFactor, Inc. (NASDAQ:FORM) after consolidating in the range of 7.50-7.30 for the last two weeks has given a positive breakout, signalling bullishness in the stock.

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Delta Air Lines, Inc. (NYSE:DAL) has been trading in an upward rising channel since mid-April but broke that channel last week on massive volume. The stock is now sitting on a key support level. A break here will move the stock towards the May lows and a test of its 100-day EMA, currently at 35.39. The MACD oscillator has given a negative crossover that supports the short-term negative momentum in the stock.

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Twitter Inc (NYSE:TWTR) made a lifetime high of 74.73 in December of last year and then faced a sharp decline up to the 30 levels where the stock made a double bottom. TWTR then resumed its upward rally forming higher tops and higher bottoms on the daily charts. The stock is currently trading near the 50-day exponential moving average that is at 37.62 and can act as a strong resistance.

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VIVUS, Inc. (NASDAQ:VVUS) The stock has formed an ascending triangle in the last few weeks and is showing signs of bullishness. A push above $5.44 would be a solid buy signal for traders with a target of 6.3

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SanDisk Corporation (NASDAQ:SNDK) Over recent days, I've warned that the stock is showing signs of topping out for the short term. The chart has a Bearish MACD crossover and the RSI has exited its overbought zone suggesting a retrace. We could see a pullback up to $92.50.

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Rambus Inc. (NASDAQ:RMBS) recently broke out of a large flag consolidation pattern above 12.80 and is forming now another potential bullish flag that might be worth keeping an eye on. Although a possible pullback to the breakout area (12.80) may not be ruled out, in my opinion it could be seen as a buying opportunity. The recent high volume activity, along w/ positive crossover of MACD on the daily charts suggest fresh buying interest in Rambus.

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: DAL, ECYT, FORM, RMBS, SNDK, TWTR, VVUS

10:20 | Permalink |

Stocks to Watch for June 09, 2014

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Level 3 Communications, Inc. (NYSE:LVLT) still trades within a rising channel but is losing some momentum. I believe we might see a break of its 50-day exponential moving average at $41.52 and the stock price will revisit the bottom of channel for the third time.

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SanDisk Corporation (NASDAQ:SNDK) has strengthened massively since April and continued its rise last week in the face of extreme overbought conditions. However, the MACD Histogram is showing some negative divergence (white line) which might result in a pull back. Long positions should be avoided at this point A correction could be expected to 88 (50-day EMA).

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Amkor Technology, Inc. (NASDAQ:AMKR) made a potential bearish reversal Friday on massive volume. The stock is far above its 200-day EMA and the RSI is very overbought, so sideways to lower prices are possible near-term. In addition, Oscillators are also turning down. Below 10.42, support is seen at 10.19. The next support comes at 9.82.

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AvalonBay Communities Inc (NYSE:AVB) Possible Dark Cloud Cover formed on Friday. Plus, there is a negative divergence on the MACD indicator. A lower close on Monday will confirm reversal.

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VIVUS, Inc. (NASDAQ:VVUS) is testing resistance in the 5.40 zone, its recent high in last month's move up. A break and close above this key resistance zone would break the stock out to targets in the 5.95-6.10 range. Short-term indicator remains positive.

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: AMKR, AVB, LVLT, SNDK, VVUS

08:19 | Permalink |

Stocks to Watch for June 14, 2013

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Shares of BlackBerry surged 6.49% or 88 cents to $14.44 per share after being upgraded by Societe Generale this morning from Sell to Buy. Societe Generale's Andy Perkins raised its 2013 earnings estimate to 85 cents from 71 cents, and raised his price target to $17 from $13. BBRY could make a huge comeback and resume its move to test the 52-week high IMHO !! Many of the shorters are still at a loss and will eventually cover soon. This massive cover could happen after the earnings report as over 171M shares were shorted since May 31. The technical chart shows possible new rally as %K line has crossed on top over %D line and the daily MACD also crossed above signal line. Moreover, the long term trend remains bullish, as the stock is on top of 200-day exp moving average. Put BBRY on your radar now !

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SanDisk Corporation (NASDAQ:SNDK) has been moving sideways for the past five weeks after its big move from the 50 area. Watch for a move above 60.75 to break the stock out.

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I'm watching T MOBILE US INC (NYSE:TMUS) closely for a breakout above 22, as the stock has been forming a bullish ascending triangle over the past three weeks. This pattern is a consolidation off the steep rise from 16 to 21.5 in mid-May and a break could continue the uptrend. Keep TMUS on your radar for Friday’s trading session.

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CenturyLink, Inc. (NYSE:CTL) Flagging, with possible acceleration above $36.05 resistance, with targets at around 37.4 and then 37.85.

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, CTL, SNDK, TMUS

22:00 | Permalink |

Stocks to Watch for June 10, 2013

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Procera Networks Inc (NASDAQ:PKT) has been under the radar for the last several weeks and appears that the stock still has more fuel in its tank for a move higher. The start of 2013 was not particularly well for PKT as its shares slid from around 19.67 to a low of 10.12 on February 22. From that point, the stock was able to pick itself up all the way back to 15, with a huge gap up on good earnings. After that, the stock has been consolidating above its short-term exponential moving averages inside an ascending triangle with resistance at 15.13. If the stock breaks out of the ascending triangle, target price is at 17.10. I'm seeing a huge upside potential of PKT. The company's stock was recently upgraded by Needham to Strong Buy from Buy and a $20 target. Keep it in your radar.

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Bullish flag on Liberty Interactive (NASDAQ:LINTA) after breaking out. As long as the stock holds above the previous high, the entry on LINTA is 23.5 on heavy volume.

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JDS Uniphase Corp (NASDAQ:JDSU) broke out on Friday and still looks good here for higher prices. The stock could be bought again as it breaks over 15 on heavy volume.

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SanDisk Corporation (NASDAQ:SNDK) is holding up well here. The technical buy point is as the stock moves over 60.28 on heavy volume.

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Spirit AeroSystems Holdings, Inc. (NYSE:SPR) still looks pretty good. Sold off some but the stock remains near the highs. If it continues to the upside next week and more volume comes in, I would buy it. Stop loss 20.48

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Benchmark Electronics, Inc. (NYSE:BHE) is still consolodating here. The buy point will be at 19.97 on heavy volume.

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Facebook Inc (NASDAQ:FB) may encounter here a temporary breather as it looks oversold considering it was in downtrend since last 6 weeks. Last Friday, the stock was bought up, but there wasn't much volume on the buy up. However, I think the stock may bounce back from current level to around 24-24.2 in short term. Stop loss at 22.6 recommended.

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: BHE, FB, JDSU, LINTA, PKT, SNDK, SPR

09:14 | Permalink |

AC Investor Blog

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

Wednesday, July 15, 2015

Stocks to keep an eye on July 16, 2015

Thursday, March 05, 2015

Stocks to keep an eye on March 6, 2015

Wednesday, July 23, 2014

Stocks to Watch for July 24, 2014

Sunday, July 20, 2014

Stocks to Watch for July 21, 2014

Wednesday, July 09, 2014

Stocks to Watch for July 10, 2014

Saturday, June 14, 2014

Stocks to Watch for June 16, 2014

Sunday, June 08, 2014

Stocks to Watch for June 09, 2014

Thursday, June 13, 2013

Stocks to Watch for June 14, 2013

Saturday, June 08, 2013

Stocks to Watch for June 10, 2013

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