AC Investor Blog

Stocks to Watch for October 28, 2019

( click to enlarge )

Reebonz Holding Ltd (NASDAQ:RBZ) opened strong at 1.47 and rallied to a day high of 2.40. This mini-explosion was sufficient enough to deliver net realizable intra-day gains of up to 70% and for those of you that made good on RBZ’s gain potential, congratulations. As i tweeted i entered at 1.22 in Thursday's afternoon. Friday’s performance of RBZ was marked by an explosion in volume and bullish investor ensured that no fewer than 14 million in volume. Towards the end of the session things went a little south, but nothing alarming enough for me to worry about. The moderate dip is probably just a few traders taking profits before the weekend like i did. I hope that some, if not all of you, were able to make something of RBZ’s delivery of gains in Friday’s session. The stock hit a high of $2.4, which is resistance for Monday’s move. If the stock can break through this level next week, I expect to see another strong upside move to $2.75 and better.

( click to enlarge )

Phunware Inc (NASDAQ:PHUN) is starting to heat up and I expect to see it trading above $2 or better very soon. This bottom play has started to bounce nicely off its bottom and the momentum indicators are giving a clear picture of a short-term upward bias. I would not be surprised if it hit $2.4 at some point next week. Let's keep an eye on PHUN as i think momentum will pick up thanks to RBZ momentum. I like this as a sympathy play off Friday's RBZ move.

( click to enlarge )

Valeritas Holdings Inc (NASDAQ:VLRX) Calling a bottom in this market is always extremely difficult, but in my opinion this technical daily chart is showing some positive momentum divergences. Honestly, the selling pressure seems to be losing momentum and Friday we saw unusual volume one hour before the close. If the stock can hold the support around 1.2-1.25 we may see a bounce to $2 or more very soon. The fact that the company is now trading below cash levels also provides further protection. I bought this stock on Friday. Keep in mind, low float mania is back and I am always eager to find these kind of setups (Solid bottoms with positive divergences) and act on them in these times of euphoria. Long setup on watch.

( click to enlarge )

SRAX Inc (NASDAQ:SRAX) appears to be poised for a nice bounce off this bottom. In my view, it has formed a bottom in short-term and I expect a move past 2.07 to take the stock towards the target of 2.68 with stop-loss at 1.80 The stock seems to be undervalued at current levels.

( click to enlarge )

Vipshop Holdings Ltd (NYSE:VIPS) stock continues to act strong setting new highs. Daily technical indicators are looking quite overbought but can stay there for long periods of time. Might pause but looking to add on any dip.

( click to enlarge )

Overstock (NASDAQ:OSTK) finished the day up 5.51% on solid volume of over 2.8 million of shares exchanging hands on the day. The momentum in the short-term remains bullish, with MACD trending upwards above its signal line. Go long on the break of Friday’s high at 11.47 with a SL at 10.5

( click to enlarge )

Chimerix Inc (NASDAQ:CMRX) has managed to regain its footing in recent trading with a Doji candlestick on daily, which could mean bears power is slowing down. This may signal a reversal. Bounce time.

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: CMRX, OSTK, PHUN, RBZ, SRAX, VIPS, VLRX

18:01 | Permalink |

Here are 10 setups to watch next week

( click to enlarge )

If you follow my twitter you know that I've had my eyes on Avalon Holdings Corp (NYSEAMERICAN: AWX) since Wednesday when it was trading around $4. The stock almost touched $20 on Friday after-hours. It has traded in impressive fashion over the last several trading sessions and is a must watch for both the short and intermediate term. At some point this impressive rally will come to a conclusion, until then, lets enjoy watching this high money flow move to the upside.

( click to enlarge )

IsoRay, Inc. (NYSEAMERICAN: ISR) has seen some very impressive volume recently and it is still under some great accumulation. The daily chart shows a stock that is right on the cusp of breaking out. A break of 65c should bring the buyers into this stock in a big way. This stock could be viewed as a sympathy play of AWX not by the float but by comparing the recent increase on volume and accumulation. Note: Earlier this month, the company announced the receipt of FDA 510(k) regulatory clearance for the brachytherapy technology, known as GammaTile™ Therapy that incorporates proprietary Cesium-131 seeds within customizable collagen-based carriers for the treatment of recurrent brain tumors. As I have said before on twitter this stock could head higher in swift fashion.

( click to enlarge )

Riot Blockchain Inc (NASDAQ: RIOT) could we be looking at the beginning of another impressive rally? This stock soared from current levels to over $46 a share almost a year ago. Recent bitcoin rally could help bolster investor sentiment going forward. A big short-squeeze could happen on the break of the declining EMA200 located at 8.63.

( click to enlarge )

Cleveland-Cliffs Inc (NYSE: CLF) An impressive rally from $8.11 to $11.44. Volume is strong lets see if this big rally has legs after such a huge move. Price is developing a bullish flag.

( click to enlarge )

Interpace Diagnostics Group Inc (NASDAQ: IDXG) saw some steady buying pressure and closed the day up 4.8% and above the declining EMA200 for the first time in months. This certainly could be just the beginning of a possible monster run.

( click to enlarge )

CorMedix Inc. (NYSEAMERICAN: CRMD) continued its massive rally on Friday as the stock closed near the highs of the session, and its highest level since this rally began in early June. This was a stock that no one wanted back then, and is now seeing strong money flow and buying pressure. Immediate resistance 59c then 65c.

( click to enlarge )

Twitter Inc (NYSE: TWTR) needs to hold the long-term trendline support next week. If successful, a relief rally to $37 is probable.

( click to enlarge )

Electronic Arts Inc. (NASDAQ: EA) Having held this support line and turned up with conviction yesterday, the upside looks more probable at this point, but any close below would be a very bearish signal and a drop to 115 likely. Technical indicators are looking bearish.

( click to enlarge )

Link Motion Inc (NYSE: LKM) This China name announced last week a strategic partnership with AutoNavi a subsidiary of e-commerce conglomerate Alibaba Group for its Smart Ride Business. The stock could be making another move to its EMA50 and we could see a break there. Keep this stock on watch.

( click to enlarge )

Social Reality Inc (NASDAQ: SRAX) is inching closer and closer to another breakout move. Break out watch over 5.85

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: AWX, CLF, CRMD, EA, IDXG, ISR, LKM, RIOT, SRAX, TWTR

14:03 | Permalink |

Stocks to Watch for July 25, 2018

( click to enlarge )

Social Reality Inc (NASDAQ: SRAX) has formed a clear resistance level around 5.85 as part of its uptrend, setting up yet for a possible resistance breakout trade. Short term indicators are Bullish. A new buy signal would be given on a break above that resistance, with the next pivot resistance at 6.21. Support is at 5.19 and 5.05

( click to enlarge )

Apple Inc. (NASDAQ: AAPL) is getting ready to come out of a consolidation pattern. A close above $194.20 gets the party started.

( click to enlarge )

Evofem Biosciences Inc (NASDAQ: EVFM) I am a patient investor here. I really like this setup, descending channel with positive divergences on MACD while the accumulation line is also rising (money flowing into the stock). It is held by major institutions. Last month, Oppenheimer initiated coverage with an Outperform rating and $9 price target. They have a great pipeline.

( click to enlarge )

My Size Inc (NASDAQ: MYSZ) has created an interesting daily chart with the descending trend line broken today, which should be considered as a very bullish sign. Considering the recent breakout, the stock price looks promising and has potential to move back to its June highs in the coming trading sessions. I alerted several times on Twitter around 85c for a potential big bounce. Stop 92c

( click to enlarge )

Ageagle Aerial Systems Inc (NYSEAMERICAN: UAVS) another great alert on Twitter today around 1.80. Important to see how this acts over the next few sessions. Immediate resistance is at 2.2 (EMA100). Break above that level could trigger further bullish momentum towards $2.4 area.

( click to enlarge )

Arcadia Biosciences Inc (NASDAQ: RKDA) there are some signs of a possible bounce here due to the positive divergences, which often leads to short covering. If the stock price can break through today’s high of $7.32, we should see a strong follow through move. Let’s see whether the stock can gather enough momentum to break through that key level. On watch.

( click to enlarge )

Another day, another winner. I love the small cap market right now. After seeing a nice breakout from a bullish consolidation pattern yesterday for my alert, we saw another huge run today for Riot Blockchain Inc (NASDAQ: RIOT). I took profits today, but i will re-enter on any pullback to the pivot zone.

( click to enlarge )

Boxlight Corp (NASDAQ: BOXL) looks like is close to attempting a new breakout. The stock hit a high of $5.5 but failed to close above 4.54 (EMA20). I expect to see a high volume move once the stock breaks through resistance again, as traders are watching this stock closely.

( click to enlarge )

Baxter International Inc (NYSE: BAX) hit a new 52-week high, trading as high as 75.72, before settling at a close of 75.54. I'll be watching the stock on Wednesesday looking for a follow through move.

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, BAX, BOXL, EVFM, MYSZ, RIOT, RKDA, SRAX, UAVS

22:37 | Permalink |

Stocks to keep an eye on Wednesday, November 29

( click to enlarge )

Veritone Inc (NASDAQ:VERI) Strong rally on heavy volume. The stock opened today`s session at $22.79 and intra-day was ranging at 22.35-27.89 ending the session with a strong gain of 23.53%. This could be the start of a nice rebound. The current rally should at least push the stock to 30 per share where the next resistance is.

( click to enlarge )

Social Reality Inc (NASDAQ:SRAX) continues to perform strongly and appears poised to test the highs.

( click to enlarge )

I have been following SemiLEDs Corporation (NASDAQ:LEDS) for a few days now and surprisingly the stock showed some strength today. A break of $5.64 with force might give room to $7.50..... the stock is starting to turn back up and daily technical indicators are giving the first bullish signs. Long setup/squeeze canidate.

( click to enlarge )

Fibrocell Science Inc (NASDAQ:FCSC) broke the downtrend line that it established since October on volume. Today's pullback was a just a backtest IMHO. The stock has the potential to make a big run this week, so keep a close eye on FCSC and don’t miss the trade.

( click to enlarge )

Abercrombie & Fitch Co. (NYSE:ANF) continues to act strong setting new highs. Daily technical indicators are looking quite overbought but can stay there for long periods of time.

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: ANF, FCSC, LEDS, SRAX, VERI

21:57 | Permalink |

Stocks to keep an eye on Friday

Hello Everyone!!

First of all Happy Thanksgiving Day to everyone. Tomorrow is gonna be a low volume trading day, however there are some stocks that could offer good opportunities to trade. I selected the following stocks based on the pattern and price action. Some of the stocks mentioned below could see high volatility at these levels, given the sharp rise in price. As always, don't forget to use a stop loss for these particular cases. I continue to see in some small caps high probability of big gains, therefore i will keep them in my portfolio. Trading small caps stocks can be risky, however where there are great risk, there can also be great rewards. My mission is always to share ideas based in something concrete that chart shows, it does not matter if it is small, mid or big caps.

God bless you guys !! Be safe and enjoy this beautiful time of the year !!

( click to enlarge )

Riot Blockchain Inc (NASDAQ:RIOT) This stock had another bullish session on Wednesday, as this parabolic move continues with force. The RSI is very overbought but continues to point higher.

( click to enlarge )

Social Reality Inc (NASDAQ:SRAX) broke out yesterday and traded nearly 5x normal daily volume. The daily chart is very bullish with a lot of hot indicators showing up. The slope of this upward move is very steep accompanied by increasing volume. The current momentum could push this stock much higher from here, so keep it on the radar.

( click to enlarge )

Marathon Patent Group Inc (NASDAQ:MARA) also broke out but failed to close near the highs of the day and above this horizontal resistance level. The stock needs to close above this level on Friday to indicate a continuation of the rally.

( click to enlarge )

Xerium Technologies, Inc. (NYSE:XRM) The technical daily chart is showing that the stock is on a bounce back rally after it lost more than 50% of its value since the start of August. The RSI is turning up and is now at 40 levels. MACD indicator is rising above 0 also indicating a buy, and KD line shows the stock is on the positive swing. The accumulation line is beginning to turn around which suggests the stock is no longer being sold off. If the Bulls are able to push through the declining EMA20 at 4.13 level, there will be a new rally towards $4.70

( click to enlarge )

Ampliphi Biosciences Corp (NYSEAMERICAN:APHB) My next small bio cap trade idea has been trading around its EMA50 in the last trading sessions and the stock appears to have successfully reversed its recent downtrend. Momentum indicators are slightly bullish now with RSI rising. The strongest sign of a bullish momentum is the MACD indicator which has just started to increase. Price is expected to at least rally the next resistance at $1.35 and even go higher to test the $1.5 level.

( click to enlarge )

As I've mentioned earlier, Rewalk Robotics Ltd (NASDAQ:RWLK) has shown increased trading activity and signs of being under accumulation or being bought by institutions. I believe that shares have room for a significant uptick beyond these levels. This stock has a history of big bounces, so keep an eye on it.

( click to enlarge )

BlackBerry Ltd (NYSE:BB) has been forming a large cup with handle pattern on the daily timeframe. Such type of formation typically resolves itself to the upside. The handle in the chart is resembling a flag formation and this sideways move is usually the final consolidation before the breakout.

( click to enlarge )

Xunlei Ltd (NASDAQ:XNET) Keep a close eye on this one tomorrow, looks ready to break out into new high territory.

( click to enlarge )

Another one that looks like a good long opportunity. With yesterday's move on decent volume, Valeant Pharmaceuticals Intl Inc (NYSE:VRX) shares are back over the 200-day exp moving average for the first time in months, which I've been waiting on to add the name back to the portfolio again.

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: APHB, BB, MARA, RIOT, RWLK, SRAX, VRX, XRM

20:43 | Permalink |

My Watchlist for Monday, October 23

( click to enlarge )

Social Reality Inc (NASDAQ:SRAX) has broken the large ascending triangle to the upside on a daily time frame. If this bullish continuation pattern does play out completely, then we could easily see the stock moving towards the $6 next resistance level. After a two-session correction, the stock closed strong on Friday to close at 4.48 and seems poised for another upward move to test or break the recent highs. Moreover, the RSI is trading inline with the price action and is not overbought, which further strengthens the argument of the possibility to make new highs. Plus, the price still trading above major EMAs, which means the bulls are in complete control. Chart is technically, very bullish.

( click to enlarge )

Proteostasis Therapeutics Inc (NASDAQ:PTI) An upward move could be on the card. The stock bounced Friday again from its support zone and closed well above the short-term EMAs. This represents that the bulls have finally woken up and are truing to the control. Note: There was a large buyer supporting the price, which could be an indication that we will break this base pattern to the upside next week. If this pattern does break out towards the upside, it could easily push the stock price towards the yellow horizontal line shown on the daily chart. Money Flow Index is turning up, signaling accumulation of stock is occurring. On watch.

( click to enlarge )

Medgenics Inc (NASDAQ:GNMX) which has been in a sideways trading range between 1.2 and 1.5 since August, finally broke out the range on massive volume. The price is now trading above the 50-day EMA and 100-day EMA, which further confirms that the bulls have taken the control and there is a clear change in momentum, from the bears to the bulls. Next resistance liest at 2.22

( click to enlarge )

MGT Capital Investments Inc. (OTCMKTS:MGTI) could move toward $3 area if it breaks the declining EMA20 at 2.45

( click to enlarge )

Tandem Diabetes Care Inc (NASDAQ:TNDM) There are some signs of a possible bounce at this point due to the extreme oversold conditions. A reversal may be on the way. Took a position. Nearest resistance for the stock is at $2.66. If this level is crossed and the stock is able to sustain above this level, then it might go to +$3

( click to enlarge )

I have Micron Technology, Inc. (NASDAQ:MU) on my watchlist. It may be ready to break out of this consolidation. Potential swing long above 42.17

( click to enlarge )

Alcobra Ltd (NASDAQ:ADHD) is still very overbought, so some consolidation at current levels or pullback would be normal. The declining 200-day EMA is a strong support and potentially a good entry point.

( click to enlarge )

Under Armour Inc (NYSE:UAA) broke out in a big way on great volume. I think we will see some nice follow through next week. The daily technical indicators are showing signs of bullishness.

( click to enlarge )

Under Armour Inc (NYSE:UA) The price action yesterday created a potential bottom. A rise above the 16 level next week should confirm the reversal. All key technical daily indicators are tunring up. Stop Friday's low.

( click to enlarge )

Viewray Inc (NASDAQ:VRAY) shares closed higher for the fourth consecutive day on very impressive money volume. The trend continued higher based on the strong technicals. The stock is setting up nicely to break out. Next buy point would be on the day it blows through $7 on heavy volume. On watch.

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: ADHD, GNMX, MGTI, PTI, SRAX, TNDM, UA, UAA, VRAY

09:33 | Permalink |

AC Investor Blog

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

Saturday, October 26, 2019

Stocks to Watch for October 28, 2019

Saturday, July 28, 2018

Here are 10 setups to watch next week

Tuesday, July 24, 2018

Stocks to Watch for July 25, 2018

Tuesday, November 28, 2017

Stocks to keep an eye on Wednesday, November 29

Thursday, November 23, 2017

Stocks to keep an eye on Friday

Saturday, October 21, 2017

My Watchlist for Monday, October 23

About Me

FREE NEWSLETTER

Support AC

Follow me

Advertising

PREVIOUS POSTS

TRANSLATOR

Site Information

Stock Market Blogroll

Friends BLOGROLL

ARCHIVES