AC Investor Blog

A few trade ideas for next week

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Arcadia Biosciences Inc (NASDAQ: RKDA) I bought some shares for next week. The stock was over $32 last month and closed Friday at $9.32. I think the risk of continued downside is a lot less than the possibility of a sharp oversold rally at current levels. Looking at the houly chart above it is a fact that several indicators are showing positive divergences, so we could see a sharp rally out of these oversold conditions. On watch.

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When I alerted this stock to my twitter followers on Friday, I felt Ageagle Aerial Systems Inc (NYSEAMERICAN: UAVS) had a great chance of boucing. The stock closed with a gain of 20c per cent at 2.04 but still trading near 52 week lows and has fallen dramatically from its peak levels. Watch for continuation next week.

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MannKind Corporation (NASDAQ: MNKD) the technical daily chart is looking good showing positive divergences on key indicators. We could be looking at the start of a sustained price recovery.

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I saw unusual buying on (Versartis Inc NASDAQ: VSAR) in late trade. Investors appear to be accumulating shares at these levels in anticipation of a rally. Technically, it looks to have bottomed. Squeeze over 1.69 (EMA50).

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Sarepta Therapeutics Inc (NASDAQ: SRPT) broke out to new highs Friday and traded nearly 5x normal daily volume. The stock has the potential to make another big run next week.

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Stein Mart, Inc. (NASDAQ: SMRT) had a strong move on Friday, as the stock set new 52-week highs. The stock hit a high of $2.65, which is resistance for the follow through move. Charts on all time frames are bullish. You should watch this stock closely on Monday.

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Consol Energy Inc (NYSE: CEIX) Keep an eye for a possible breakout over $41.89 The technical daily chart still showing a bullish bias.

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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: CEIX, MNKD, RKDA, SMRT, SRPT, UAVS, VSAR

19:13 | Permalink |

My Watchlist for Monday, July 24

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I hope everyone is enjoying a great weekend with family and friends. I am sure you are eagerly awaiting the market’s open Monday and getting ready to start the week with a profitable trading session. Today, i will start with a stock that im following closely.

Ampliphi Biosciences Corp (NYSEMKT:APHB) is a bounce play set for a big breakout. Technically, it has been forming a cup and handle bottom since May and is flirting with key resistance at 1.10 level. The stock is beginning to see strong accumulation this month and something has to give. It appears to have very little resistance pass $1.10 and if strong momentum comes next week we could see a possible big breakout.

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Shares of TearLab Corporation (NASDAQ: TEAR) skyrocketed 89% on Friday to $3.34 after receiving European regulatory clearance for next-generation Tearlab Discovery System. Looking at the technical daily chart above we can see that next major resistance is now located at $4.02, which reflects its 200-day EMA. I have covered this stock on many occasions on the blog as a potential big bounce play. Finally, I was rewarded.

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Monro Muffler Brake Inc (NASDAQ:MNRO) is bullish with a lot of daily technical 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 next week. The stock is now testing the next resistance area around its 100-day EMA, wait for it to clear on heavy volume and go long.

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Sarepta Therapeutics Inc (NASDAQ:SRPT) I will be watching this stock closely again next week for a new technical breakout.

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TherapeuticsMD Inc (NYSEMKT:TXMD) has a very interesting daily technical chart and could have a move soon. The break of the next key resistance area around the 5.80 level with heavy volume should be the next buy point.

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Eyegate Pharmaceuticals Inc (NASDAQ:EYEG) was added to my watchlist as a possible bottom bounce-play. The chart is displaying positive divergences on momentum indicators and with the stock in oversold territory, these are the perfect conditions for a short-term rally. Squeeze over 1.47

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Plug Power Inc (NASDAQ:PLUG) broke out on Friday and closed above the key resistance area of 2.40 for the first time in weeks. Friday’s high reflects resistance for next upside move. If the stock can break through resistance, we should test April highs as traders buy up the stock. 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: APHB, EYEG, MNRO, SRPT, TEAR, TXMD

19:17 | Permalink |

My Watchlist for Monday, the first day of May

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BlackBerry Ltd (NASDAQ:BBRY) continued its bullish momentum last week recording a new 52-week high of $9.36. The trend remains clearly bullish testing $9.46 area. A clear break above that area, could trigger further bullish pressure testing $11. By combining the current momentum with a high short interest as a percentage of float, shorts could experience additional carnage in the coming weeks.

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CytRx Corporation (NASDAQ:CYTR) might bounce at the rising 50-day EMA on the daily chart.

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Sarepta Therapeutics Inc (NASDAQ:SRPT) Continuing to work very well for me, one could buy or add when it clears this key resistance line at 39.36.

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MagneGas Corporation (NASDAQ:MNGA) Thin name. Keep on watch, if the stock can clear back over the declining 13-EMA it may take out the descending trend line from March. The company plans to showcase MagneGas2 at two different Distributor trade shows in May. Because of this event, I believe that the buyers will stepping into play, and that the stock will bounce back towards the 45c region.

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Autodesk, Inc. (NASDAQ:ADSK) Looks like the stock is setting up to break out to new highs, keep on watch.

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Tivity Health Inc (NASDAQ:TVTY) Breaking out to new highs on volume, looks good for higher prices.

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I see clearly a bottom formation on ContraVir Pharmaceuticals Inc (NASDAQ:CTRV). The reversal move could be on the cards.

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: ADSK, BBRY, CTRV, CYTR, MNGA, SRPT, TVTY

08:43 | Permalink |

My Watchlist for Monday, February 27

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ImmunoGen, Inc. (NASDAQ:IMGN) which has been in a sideways trading range between 2.30 and 2.60 since early this year, jumped 10 cents, or 3.83% Friday to close at 3.72 on volume above average. That's just slightly above the key resistance and a multi-month high, thus confirming its trend reversal. I expect a continuation of Friday's momentum and a move toward the August 2016 highs in the 3.10-3.25 range. Lastly, momentum indicators and the accumulation line are confirming the breakout.

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Sarepta Therapeutics Inc (NASDAQ:SRPT) had a big pop on Friday and finally broke out of its long-term downtrend line. With a short interest so high, we could see a huge short squeeze here. Daily technical indicators are looking Bullish with the RSI indicator rising while the MACD is cutting above its signal line. Keep it on your watch list going forward.

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OvaScience Inc (NASDAQ:OVAS) I still think this stock looks set to break higher. The -DI line continues to move lower and is placed below the 30 level indicating that sellers are losing momentum while RSI and MACD are rising. Divergences between the stock and momentum indicators should be monitored closely as a trend reversal could be ahead. That is the reason I still holding this stock. Plus, they have a lot of cash. As of September 30, 2016, the company had cash, cash equivalents, and short-term investments of $131.0 million or $3.78 per share.

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Still on my top list. You need to watch ParkerVision, Inc. (NASDAQ:PRKR) stock closely. Director acquired 80,510 shares Friday at 2.11. The stock needs to break and close above its EMA50 to go higher.

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Universal Display Corporation (NASDAQ:OLED) Broke out into all time highs on massive volume. Watching action closely up here. Buyable on a pullback to the pivot.

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Clearside Biomedical Inc (NASDAQ:CLSD made a strong reversal candle yesterday. If the stock can break Friday's high, I think we will rally back to the $9 level.

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: CLSD, IMGN, OLED, OVAS, PRKR, SRPT

20:06 | Permalink |

My Watchlist for Tuesday, December 06

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Exxon Mobil Corporation (NYSE:XOM) Still on my swing long list. Setting nicely for a breakout.

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Dynavax Technologies Corporation (NASDAQ:DVAX) made a strong move to the upside, closing near the highs. The stock is setting up to break out and has one more level to go, which is $5.30. A considerable short covering rally could be seen.

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Lipocine Inc (NASDAQ:LPCN) may finallybe ready to break higher above the 3.90 resistance level after a strong close today. Looking at the chart, indicators are flashing bullish signals. The MACD indicator is slightly negative but is rising above its signal line, while RSI is also rising. Nearest resistance for the stock is at $3.90. If this level is crossed and the stock is able to sustain above this level, then it might go to $5.75.

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ProNAi Therapeutics Inc (NASDAQ:DNAI) displayed some impressive relative strength today on volume with a 8% gain. On the technical side, MACD and RSI all point to upward trend. The stock broke and closed above the EMA20 for the first time in weeks and should continue to move. DNAI has a lot of upside potential, so watch it closely on Tuesday.

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Sarepta Therapeutics Inc (NASDAQ:SRPT) bounced nicely off the EMA200 and the shares look like they have some momentum. In my opinion, further upside potential exists to about 37.27, but today's reversal could be a significant turn.

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CoLucid Pharmaceuticals Inc (NASDAQ:CLCD) Looking for a breakout here.

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Geospace Technologies Corporation (NASDAQ:GEOS) is still trading around the $20 level, which has been a strong resistance over the past several weeks. I plan to buy the stock if it can break the 22.54 resistance level. The trend is still up.

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: CLCD, DNAI, DVAX, GEOS, LPCN, SRPT, XOM

22:28 | Permalink |

Good looking setups in the biotech space for next week

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ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) jumped 3.31% Friday on solid volume crossing the 20-day exponential moving average and breaking key resistance at $34.58. These signs, show high probability for continuation of the current bullish momentum in the next couple of trading days. We could see extension of this new momentum towards the 36 area. Daily technical indicators are supporting the bulls. The MACD is curling up while the RSI is moving up and above its 50% level. Plus, the accumulation/distribution line is also rising on the charts, which represents buying. On watch for continuation.

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Relypsa Inc (NASDAQ:RLYP) looks strong on charts. The stock yesterday closed above its 200-day exponential moving average of 19.74 with high volume. Its daily technical indicators are showing positive signal and its price bars are trading above the major EMA's, denoting the current positive tone may turn into a new uptrend soon. The daily MACD continues to trade in the positive zone and the A/D is also turning up which means there is more money flowing into the stock. I remain bullish on RLYP.

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Sarepta Therapeutics Inc (NASDAQ:SRPT) displayed relative strength last week and price finally broke through the 200-day EMA on decent volume. The close near its high on Friday also should bode well for the stock in the coming week too. From a technical perspective, the MACD indicator just crossed above signal and the stock is now back above all the major EMAs, giving the bulls the signal they wanted. It has momentum back on its side. I will be watching the stock on Monday, looking for a follow through move. Next major resistance lies around the 24.3/60 area.

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Clovis Oncology Inc (NASDAQ:CLVS) price action is coiling up here in anticipation of a breakout w/ directional conviction. I have highlighted a potential ascending triangle pattern, which if confirmed would project a target around $17. Also take note that on the daily time-frame the MACD has been moving up and the RSI is in the bullish zone, indicating bullishness. CLVS will move very quickly, so keep a very close eye on the stock.

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Valeant Pharmaceuticals Intl Inc (NYSE:VRX) is starting to heat up and I would not be surprised if it hit $25 at some point next week. This bottom play has started to bounce nicely off its bottom and momentum indicators are giving a clear picture of a short-term upward bias (MACD, Slow stochastics and RSI are all rising). If the stock can break through $24.25, we should see strong volume drive the stock higher. A lot of eyes are on VRX right now so make sure this is on your radar screens.

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) seems to have bottomed and is ready for a decent bounce to 1.80 levels where it faces some resistance. We will have to watch the stock around those levels. If you are long, initial stoploss should be placed at 1.56 (trendline). Let's keep an eye on ARNA as i think momentum will pick up.

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The iShares NASDAQ Biotechnology Index (ETF) (NASDAQ:IBB) also closed sharply higher last week, recovering from the weakness caused by the Brexit event that drove the index into its lowest level since February. Although the index is getting stretched, the technical indicators suggest there is more upside and the rally should continue next week targeting the next resistance levels at 285 and 289.

For this weekend, I definitely recommend everyone to try this application while it still free. If you are an individual investor and keep looking for various ways to manage your stocks smartly, it might be a good idea to download the Stockal app to discover and follow stocks. In times when most apps and websites overwhelm you with data, "Stockal" pre-analyses tons of information and gives you very simple indicators for every stock out there. These indicators tell you how a stock is likely to perform; and Stockal creates these by crunching analyst reports, news, social chatter and company revenue figures. So you get a holistic view of any stock. You can also read analyst articles, news, curated Twitter & StockTwits chatter etc - all in one place, without having to visit multiple websites or apps. Cool thing is, here's a platform where you can also link your brokerage account so that you can seamlessly place trades whenever ready. "Stockal" currently works with TD Ameritrade, Fidelity, E*Trade, Robinhood, OptionsHouse, TradeStation and a couple more brokerages. It's all just as secure as your brokerage account. Get the app here: iOS , Android They have a great IT team and management. I will definitely keep an eye on the progress of this project and will let you guys on a weekly basis the new features that they will introduce.

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: ACAD, ARNA, CLVS, IBB, RLYP, SRPT, VRX

18:30 | Permalink |

Stocks to Watch for May 09, 2016

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IAMGOLD Corp (NYSE:IAG) continued its bullish fervour last week making another new high of 3.71 on Friday. Daily technical indicators are Bullish with the RSI and MACD rising. With the spike in volume and momentum surging in Friday's trading sesison, there is a high possibility that the stock price can appreciate even more in value during the coming sessions. Next resistance is now seen at 4.10. Keep it on your watch list going forward.

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You need to watch AngloGold Ashanti Limited (NYSE:AU) stock closely because it could break resistance soon. Buy point would be on the day it blows through $16.63 on heavy volume.

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The shares of Gold Standard Ventures Corp (NYSEMKT:GSV) recorded a new 52 week high of 1.65 in Friday's session. Buy the stock in dips using the rising 20-day EMA as stop loss. The daily technical chart looks very Bullish with all EMAs going up and MACD on top of "0". Long setup.

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Eldorado Gold Corp (NYSE:EGO) is gaining some momentum again. A move past $4.29 would be a strong indicator of a further uptrend, however a tight stop loss should be used.

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Gevo, Inc.(NASDAQ:GEVO) broke out of an important consolidation area with a long white candlestick. This new rally should at least push the stock to $.57

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Shares of Hecla Mining Company (NYSE:HL) have room for a significant uptick beyond these levels. Volume starts to pick up again. A move above $4.36 could trigger a sharp move higher. Long set-up on watch.

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Sarepta Therapeutics Inc (NASDAQ:SRPT) Stock price has been having wild swings since it broke the $15 level. The outlook remains positive supported by the short-term EMAs and momentum indicators.

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: AU, EGO, GEVO, GSV, HL, IAG, SRPT

16:35 | Permalink |

Stocks on my watchlist for next week

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Eleven Biotherapeutics Inc (NASDAQ:EBIO) In the last few sessions this stock has seen some dramatic gains. It was as low as $0.31 at the beginning of April and hit as high as $1.70 last week. The gains in just about 2 weeks came out to over 370%. The stock is currently overbought, but it could get more overbought closing the gap. It looks like MCUR might also have a great run so check the chart below for more details.

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Keep a close eye on this one. Macrocure Ltd (NASDAQ:MCUR) closed up over 14% yesterday on strong volume (nearly 10x avg). Let's take a detail look at the stock and see if the stock is worth buying. From a technical standpoint, the daily indicators point to MCUR being in an upward trend already. The MACD is now back above zero and +DI seems to be crossing up indicating bullish swing. This could be just the beginning of a breakout that could bring good returns. Plus, the stock is currently trading below cash levels. According to Yahoo, the company has around 1.80 cash per share or 30M and zero debt, which means that theoretically, investors are getting its business for free. With around 1.80 in cash, right now this stock is undervalued at 1.09 and the gain potential is not only good, but very accessible. Let's see if the history repeats itself (December 2015 massive gains). I'm long. You know, biotech small-caps are HOT, and the probabilities of any stock in this sector outperform any other asset, is very high.

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Sarepta Therapeutics Inc (NASDAQ:SRPT) has witnessed huge volatility in the past two sessions. The stock rose more than 35 percent on Friday after the FDA added a voting question to the agenda for the Monday meeting of the Peripheral and Central Nervous System Drugs Advisory Committee. So, everything can happen next week. In other words, the volatility will remain extremely high and you should invest/trade carefully or stay on sidelines till the near-term uncertainty subsides. This is the 30m chart with some key levels to watch next week. Good luck to all. I have no positions here.

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Carbylan Therapeutics Inc (NASDAQ:CBYL) is another stock on my watchlist. CBYL closed above its 20-day exponential moving average for the first time in nearly three months. It is seeing some significant volumes. I think the stock has a good chance to run to the 50-day EMA next week. On the daily time-frame, the MACD-histogram has been sloping up and the short-term EMAs have just ticked up to give a buy signal on the Impulse System. The slow stochastics and RSI are both rising, indicating bullishness. On watch.

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Plug Power Inc (NASDAQ:PLUG) looks about ready to pop here. The stock has finally recaptured the declining 200-day exponential moving average and closed the day near its high, with solid gains. Momentum indicators are bullish with RSI inching away above the middle level. The strongest sign of a bullishmomentum is the MACD indicator which is currently above the 0 line. Watching for $2.25 breakout. This momentum could push this stock much higher from here, so keep the stock on your radar for Monday’s trading day as there is good upside potential in this move. Short-term levels to watch 2.25 and 2.35.

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VirnetX Holding Corporation (NYSEMKT:VHC) is still trading in a range between 3.90 and 5. The direction for the stock remains unclear, but I still believe we will see some upward movement.

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BlackBerry Ltd (NASDAQ:BBRY) It looks like the buyers are finally aware of the buying opportunity at cuurent levels. Some positive divergences in the daily technical chart showing up. The MACD just gave a crossover buy signal and the Slow Sto is rising. We might have seen the bottom and ready for a sustain rally. I expect its up-move to continue and reach my first price target of 7.81 or 8.20 in the forthcoming trading sessions.

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: BBRY, CBYL, EBIO, MCUR, PLUG, SRPT, VHC

15:23 | Permalink |

AC Investor Blog

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

Sunday, May 06, 2018

A few trade ideas for next week

Saturday, July 22, 2017

My Watchlist for Monday, July 24

Monday, May 01, 2017

My Watchlist for Monday, the first day of May

Saturday, February 25, 2017

My Watchlist for Monday, February 27

Monday, December 05, 2016

My Watchlist for Tuesday, December 06

Saturday, July 09, 2016

Good looking setups in the biotech space for next week

Saturday, May 07, 2016

Stocks to Watch for May 09, 2016

Saturday, April 23, 2016

Stocks on my watchlist for next week

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