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Saturday, June 26, 2021 

8 Chart set-ups to watch next week

 

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China Finance Online Co. (NASDAQ:JRJC) The daily technical chart shows a stock that is right on the cusp of a big breakout. If JRJC can break through the $11 price level (primary downtrend line) on volume, then I think the March highs at 16.70 could be well within reach. Yesterday, the volume was much higher than it has been the last few weeks. Interest in the stock is starting to grow and the China low float mania could send it again to $20's. Technical daily indicators are also pointing up. The ingredients are here for a nice move. Plus, let's not forget about the low float this stock has and the recent report of Morgan Stanely 5% stake. Keep her on your watch list the next few days. As always, I am not compensated for this post on my blog.

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U.S. Energy Corp (NASDAQ:USEG) has been trading in a bull flag formation above its all major EMAs. With the strong oil prices I think this stock has a good chance at trading higher going forward. I'm still liking and holding a long position.

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Wish (NASDAQ:WISH) A very bullish technical chart formation could mean shares are ready for another big breakout to the upside. Breakout watch $15

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Livexlive Media Inc (NASDAQ:LIVX) Friday's high volume could be the start of a new leg higher for this stock. I do think this $4.5 stock will bounce back over $5.70

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I really like  Gaucho Group Holdings Inc (NASDAQ:VINO) for a sharp rebound over the next few trading days. This was a $9 stock less than 2 weeks ago and once it starts to squeeze higher there is really no telling exactly where it will go. I still feel a push to $9 - $10 is entirely possible.

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Sierra Oncology Inc (NASDAQ:SRRA) continued its bullish trend on Friday. The stock price is inching closer and closer to another breakout move. 20.43 is the level to watch for a breakout.

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Xeris Pharmaceuticals Inc (NASDAQ:XERS) It was mentioned last week as a potential breakout play and it did not disappoint us. The stock finally broke above the key resistance line of this sideways pattern yesterday on a move up 49 cents to $4.81. The volume was what we want to see when a stock breaks resistance. Let the 200-day EMA (yellow line) be your guide.

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Wunong Net Technology Co Ltd (NASDAQ:WNW) is gaining momentum. We have all seen how quickly this stock can head higher, when the buyers come. I believe it is ready to post a nice bounce and I do not see any resistance on the technical chart until $13.35

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

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Saturday, September 15, 2018 

Technical Setups for the Week of September 17, 2018

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Nio Inc - ADR (NYSE: NIO) China's NIO, one of the many electric-car startups looking to become the next Tesla couldn't have wished for a better time to have such a fantastic start. The stock closed the week with a gain of nearly 55% since the first day of trading. The stock pulled back around 15% on Friday, however it's still trading heavy volume and is dificult to predict the next direction in the short-term. Above you can see the 15m chart with the technical pivot points. If the $9 level holds on we can see a huge rally to the next possible demand zone. So, lets wait and see what the stock does in the coming days.

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Tilray Inc (NASDAQ: TLRY) also continued its heavy action last week. The question will remain can it continues to perform? The stock found strong support near its trend-line on the hourly chart as it should have, and thus, this is clear an encouraging sign for a rebound from these levels, so play carefully with stops under it.

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Tesla Inc (NASDAQ: TSLA) is in breakout mode after working its way off its 4-month lows, and I expect continuation of the current trend in the coming days. MACD is also supporting up trend movement. Positive signals from RSI as well. Next resistance area is the 310-315 range, which is also my first trading target.

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Onconova Therapeutics Inc (NASDAQ: ONTX) a stock I brought you this past weekend is just starting to move off its bottom. It jumped 7.91% Friday on volume triple than the average, crossing the 100-day exponential moving average and breaking key resistance at $.50. These signs show high probability for continuation of current momentum. My short-term target range for ONTX is between $.60 and $.63 (As i tweeted, I went long at 48c)

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My Size Inc (NASDAQ: MYSZ) My bottom scans, specifically on small caps are not a perfect science but usually works. What they do offer are small cap stocks that potentially are poised to rally off their lows. As you know, some of them continue to fall even in extreme oversold conditions, while others can and have rallied sharply the next days. MYSZ was a good example, it did not rally the day after it came up on my scan (July 24th on a blog post), but it did offer those who didnt know about the company a chance to look at the stock chart and see if they want to trade it for a recovery rally. Those that did in July are up some 80% :) Patience paid off.

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Fortress Biotech (NASDAQ: FBIO) Is this a double bottom? That is the risk, it could fall further, but the positive divergences in the key technical indicators are suggesting a short covering rally at any time. I wouldn't be surprised if this stock popped 15-20% in one session soon. Note: Big boys purchased a lot of shares in August (including Morgan Stanley, DB, Goldman Sachs and JPM). I went long on Friday.

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GreenTree Hospitality Group Ltd - ADR (NYSE: GHG) may be starting to turn higher. Yesterday, we had strong buying volume and the stock looks poised to break out of its three month slump. In addition, it broke the short-term downtrend channel. We could see a sharp rally out of these oversold conditions.

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Ceridian HCM Holding Inc (NYSE: CDAY) caught my eye on Friday due to its bullish posture without looking overbough. The stock may be close to breaking to new highs again. Volume is starting to pick up and there could be a decent short squeeze if it clears June highs.

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Advanced Micro Devices, Inc. (NASDAQ: AMD) appears to be setting up for higher highs on hourly within a large ascending channel. It remains on watch for further gains.

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Sierra Oncology Inc (NASDAQ: SRRA) was over $3.6 in June and closed Friday at $1.79. The stock is back at the bottom area and could provide another great swing trade. I bought shares last week. A break and close above the 1.85 level next week could move the stock significantly higher as it attempts to break out of this bottom pattern in place since mid-August. On watch.

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

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Saturday, April 28, 2018 

9 trade ideas for next week

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Ekso Bionics Holdings Inc (NASDAQ: EKSO) chart looks to be making a turn here. The stock has been beaten down this year and almost six months ago traded for over $4 a share. It closed on Friday at $1.86 breaking out of a consolidation range where it remained in the last two weeks. There was strong buying interest throughout the Friday session and based on the technical chart and price action I see no reason why Monday will not be any different. The technical daily chart shows a stock that could be making a substantial move in the short-term, so keep it on your watch list. Note: There is also some rumors on the social media about a potential new deal with another OEM, but nothing is confirmed yet. The last time it happened (Ford is among the early users of the Ekso Vest) the stock exploded from sub $1 to over $4.5 in just few days. Squeeze over 1.91

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Genprex Inc (NASDAQ: GNPX) posted an over 38% gain on Friday. It’s had a great two sessions, let’s see if it can continue this trend next week.

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Novus Therapeutics Inc (NASDAQ: NVUS) looks to be turning the corner on the chart after falling steadily over the last few weeks. What I like about this technical chart is the curling of the MACD and also the fact that some institutions are starting to add. I think this stock has a sharp rally coming.

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Sophiris Bio Inc (NASDAQ: SPHS) This technical chart looks to be turning higher again. SPHS was up 8.9% Friday and looks like it wants to push back toward its 52 week highs.

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SRRA looks to be turning the corner on the daily chart after falling steadily over the last few months. What has my eyes focused on the stock right now is the increasing volume. On Friday the stock closed at $2.02 and could be at the start of a recovery in share price. I think the potential is there for further gains. Keep it on your watchlist.

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Eleven Biotherapeutics Inc (NASDAQ: EBIO) An impressive rally from 1 to $2.50. Congratulations to all the longs in this stock since my alert. Volume is strong let’s see if this big rally has legs after such a huge move.

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Puma Biotechnology Inc (NASDAQ: PBYI) The chart shows a stock that could be making a substantial move in the short-term. Some late day buying volume, could be a good signal for next week. Add this stock to your watchlist.

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I think Yield10 Bioscience Inc (NASDAQ: YTEN) has bottomed and is looking to make a move back over its EMA200 at $2.40 very soon. A nice bid was present at the end of the session and Friday’s momentum should carry through into next week. The recent positive news leads me to believe that at some point soon this stock will just take off and never look back. Im long and strong here. Im a patient investor.

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Aqua Metals Inc (NASDAQ: AQMS) has seen steady accumulation and a nice price increase the last few trading sessions. Add this stock also to your watchlist.

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

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

Thanks for visiting AC Investor Blog.

AC

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Sunday, August 06, 2017 

My Watchlist for Monday, Aug 07

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Cryptocurrencies are ripping higher again ($BTC.X bitcoin hit a new all-time high above $3300) and you should keep an eye on MGTI stock next week. This company is growing its capacity in mining Bitcoin, producing about 100 Bitcoins per month, ranking it as one of the largest U.S. based Bitcoin miners. This play is viewed as one of those potentially quick moving, volatile momentum plays. The stock has the technical setup that most aggressive traders dream of. The daily technical chart shows possibillity of a new rally as the stock is trading above 50 day and 200 day exponential moving average while 50 day exponential moving average is about to cross above 200 day exponential moving average to form a very bullish buy signal, the Golden Cross. In addition, with MACD above 0 and showing signs of turning up again, a major rally is probably coming. If it breaks above the recent high of $1.45 then I could see this stock moving to $2.25 and then $2.84. The stock closed Friday at $1.14 and has a 52-week high of $4.04. I still holding a strong position in this company because i trust in the project of John McAfee. It is my honest opinion, nothing more. Note: MGTI trades in the OTC Market.

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NVIDIA Corporation (NASDAQ:NVDA) Keep this one on watch, it could be setting up to break out of this large consolidation. Go long when it breaks on heavy volume. The rising EMA50 should be used as stop.

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Sierra Oncology Inc (NASDAQ:SRRA) Continuing to watch as it tests this old resistance area. If the stock breaks the $1.52 level the first target is $1.68 followed by $2.05. The accumulation line still rising.

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Intrepid Potash, Inc. (NYSE:IPI) is looking absolutely wonderful. Next buy point when it breaks out to new highs.

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I had 22nd Century Group Inc (NYSEMKT:XXII) on my watchlist a few times this month and Friday it broke out in impressive fashion on volume expansion. Watch for continuation. Next immediate resistance is 2.54

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Cara Therapeutics Inc (NASDAQ:CARA) Setting up to clear this resistance area, keep 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

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Monday, July 31, 2017 

My Watchlist for Tuesday, Aug 01

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Put Microbot Medical Inc (NASDAQ:MBOT) at the top of your radar screen again tomorrow. The stock broke out above its key resistance at $1.34 today trading as high as $1.50 and then closing back at $1.44. A break through today's high could lead this stock to 1.72-1.75 short-term. On watch.

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Roka Bioscience Inc (NASDAQ:ROKA) Setting up a possible resistance breakout trade. Go long on the break of Monday’s high at 2.77. Indicators are turning up. Love the price action on this.

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I think in the short-term Clean Diesel Technologies, Inc. (NASDAQ:CDTI) will bounce nicely off this bottom. Looking to see if stock can get over $2.4 for nice bounce into 2.8's

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Sierra Oncology Inc (NASDAQ:SRRA) Another one with a nice look. Go long on the break of Monday’s high at 1.52

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Constellium NV (NYSE:CSTM) showed buying strength all day on Monday. Watching for $8.90 breakout.

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CytRx Corporation (NASDAQ:CYTR) has been on a nice uptrend and could be ready to breakout after strong volume in the last trading sessions. As i mentioned on twitter I took some profits but i will try to re-enter again.

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

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Sunday, March 26, 2017 

My Watchlist for Monday, March 27

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ImmunoCellular Therapeutics Ltd (NYSEMKT:IMUC) reversed the declines last week and closed back above the 20 and 50-day exponential moving averages and momentum is increasing. Notice that the MACD finally crossed and closed back above the zero line. A bottom seems to have been confirmed as we had strong volume that spiked on the reversal up days as you can see on above daily chart. Plus, the accumulation line is also turning up, suggesting the stock has been accumulated near its support zone. A new move higher could start anytime. As I tweeted on Friday, I bought the stock.

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AMD Most recent attempt to break this downtrend line failed again around the 14.20 level. Only a break and close above this area would lead to reversal higher into 15 level.

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Twitter Inc (NYSE:TWTR) daily chart showing signs of bottom. Last week, price broke and closed above the downtrend line that has formed since the last big bounce to confirm the bullish momentum divergence. The stock hit a high of $15.37 on Friday, which is the immediate resistance for Monday. The stock have to breach this level (EMA20) to confirm any further upside move.

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Last week was very painful for Cerulean Pharma Inc (NASDAQ:CERU) shareholders. After reaching a high of $3.58 per share few days ago, the stock dropped to a level not seen for five months, which could be a good entry point for potential a bounce. I took a position on Friday.

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Sierra Oncology Inc (NASDAQ:SRRA) There is a good chance the stock will move higher next week due to the bullish divergences, which is why I'm watching the stock closely. Resistance is $1.46, which reflects Friday’s high of the day. There could be very good upside in this trade, so keep a close eye on SRRA for Monday. Note: This stock received an upgrade this month, from SunTrust analyts, who raised the rating from Hold to Buy with a price target of $4.

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Cogint, Inc. (NASDAQ:COGT) broke out on Friday and closed above the EMA200 for the first time in months. Friday’s high reflects resistance for this next upside move. If the stock can break through resistance, we should see another strong upside move 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

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Saturday, March 11, 2017 

My Watchlist for Monday, March 13

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It’s remarkable that last week, another strong bullish signal was generated on Marinus Pharmaceuticals Inc (NASDAQ:MRNS). After several failed attempts, the stock finally broke the upper line of the ascending triangle at 1.50 and did so in a convincing fashion (on volume). Price will likely see a new leg higher towards 1.87 area. The broken resistance now acts as solid support, which should ideally contain dips like what happened yesterday. The target of this pattern is 1.98. I used the pullback on low volume to increase my position on stock. Note: this company still trading below cash levels.

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Immunomedics, Inc. (NASDAQ:IMMU) Friday was a nice follow-through day. Looks like higher prices to come. Still on my top list.

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Sierra Oncology Inc (NASDAQ:SRRA) shares were up as much as 6% yesterday but closed the day with a gain of 4% at 1.49 after receiving an upgrade by SunTrust from Hold to Buy with a price target of $4. Plus, for the second time this year an insider bought a huge amount of shares, which could be seen as a positive signal that something is brewing. Technical daily chart is giving some bullish clues as well. While the ADX line remains placed below the 30 level, MACD triggered a new buy signal yesterday and still in positive territory, which means that we could see another rally very soon. On watch.

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RXi Pharmaceuticals Corp (NASDAQ:RXII) had a nice rally last week and the volume was very strong. I used yesterday’s pullback to go long, I had hoped for a pullback to major support at 0.71 (MA50) but it never got that far. If the stock takes out the recent high of 84 cents on Monday, expect a squeeze, possibly all the way up to the $1 area.

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Clovis Oncology Inc (NASDAQ:CLVS) Good break higher yesterday, clearing last week highs but not a lot of volume. If the stock can continue the run higher next week it will probably test the highs seen earlier this year.

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Aurinia Pharmaceuticals Inc (NASDAQ:AUPH) continues to act strong setting new highs. If stock continues the move on strong volume, will still be a buy.

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

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About Me

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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