AC Investor Blog

Stocks to Watch for March 15, 2016

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SolarCity Corp (NASDAQ:SCTY) might face a period of sideways action while the stock consolidates the gains booked in the last trading sessions. It will face short to medium term resistance at $27.50. Once this level is crossed with good volumes, the stock can go to $30.

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Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA) had a nice move closing the day at $8.85. The stock hit a high of $9.02, which is resistance for Tuesday’s continuation move. I'm a buyer of MNTA once it breaks through this high and expect to see heavy volume push the stock higher. Keep the stock on your radar for Tuesday.

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Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) made a new 52-week high of $10.99. I think there is a good chance the stock will make another move on Tuesday. Resistance reflects Monday’s high. If the stock can break resistance, there should be opportunity for a good upside trade. The technical chart shows very strong upward momentum as the stock is trading above the 200-day exp moving average with both 50-day and 200-day exp moving average going up. At this point I'm buyer only once it breaks through today’s high of $10.99 for the continuation move with a tight stop. Stochastics and the RSI are overbought but remain bullish signaling.

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Corning Incorporated (NYSE:GLW) Flagging above the breakout. Next buy point when clears $19.59 on heavy volume.

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Advanced Micro Devices, Inc. (NASDAQ:AMD) was one of the few winners on today's session, as the stock closed up 20 cents on the day. The stock broke out of a trading range as it hit a high of $2.75 on the day. This high is now resistance for the continuation move. If the market continues to move up, this stock could be a big mover.

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Sunedison Inc (NYSE:SUNE) made a very strong reversal move with a solid upside volume. Today’s high of $2.25 is resistance for Tuesday’s continuation move. The daily technical chart shows the stock is due for a possible recovery as %K line is back above %D line showing positive momentum. On watch.

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

Thanks for visiting AC Investor Blog.

AC

Labels: AMD, GLW, HIMX, MNTA, SCTY, SUNE

21:44 | Permalink |

Stocks to Watch for January 05, 2016

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Sunedison Inc (NYSE:SUNE) made a strong move up today, closing with a bullish engulfing candle on solid volume. Next buy area is when the stock clears the declining 50-day EMA on heavy volume. Daily technical indicators are looking bullish.

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FireEye Inc (NASDAQ:FEYE) closed above the 20-day exp moving average today for the first time since July. If the gain can be sustained, we could expect more upside. Daily technical indicators are turning bullish. The MACD indicator is rising in negative zone. Slow stochastic & RSI have moved above their respective 50% levels. Immediate resistance 22.50

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3D Systems Corporation (NYSE:DDD) rose $1.14 today to $9.83, the biggest one day gain in 8 weeks. Some technical indicators are starting to point north. Go long on the break of Monday’s high at 10.15.

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Chesapeake Energy Corporation (NYSE:CHK) Strong Bullish day. Nice break from a short term consolidation. Watch for a follow-through day and be sure to set a stop just below the rising EMA9.

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: CHK, DDD, FEYE, SUNE

22:17 | Permalink |

Stocks to Watch for December 28, 2015

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) is screaming for a bounce opportunity and I think we can see some nice moves next week. Go long on the break of Thursday’s high at 8.62. Daily technical indicators are in bearish zones but are beginning to show some signs of turning around. MACD & RSI are showing positive divergences by not falling to new lows. The stock has corrected to a major support where at least a technical bounce is possible. Keep on watch.

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3D Systems Corporation (NYSE:DDD) Keep an eye on this one, looks poised to break out and run higher. Daily technical indicators are looking bullish. The MACD is rising above its signal line in positive territory and the RSI is steadily climbing towards its 50% level. A move above 10.73 next week would confirm the breakout, with an initial target of 12.09 (Declining 100EMA) and secondary target of 12.54. On watch.

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Geron Corporation (NASDAQ:GERN) looks interesting here flagging nicely on low volume, tried to break out on Thursday but failed. Keep it on your watch list. A break of $5.04 with force might give the stock room to $5.30

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Sunedison Inc (NYSE:SUNE) The dip last week to $4.46 might have been an amazing opportunity for investors to snag a few shares. The stock continues to perform strongly and I would really like to see some follow through next week, so keep it on your screen throughout the day on Monday. So far the daily technical chart is still showing buy signal with stock trading above all short-term exp moving averages with MACD on top of signal line.

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Vringo, Inc. (NASDAQ:VRNG) continues to garner some attention and it could explode to the upside in a new rally. I'd look to the $2.80 level moving as the next buy point. If it passes that, then we have room to run to next resistance at $3.9. On the momentum front, I'm seeing some positive divergences in several indicators, such as MACD and RSI.

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Rewalk Robotics Ltd (NASDAQ:RWLK) I think this stock looks overextended in the short-term and a pullback is more than likely going to happen relatively soon.

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Some serious upside volume coming into Cabot Oil & Gas Corporation (NYSE:COG) over the last few days. Looks like it is getting ready for a breakout soon. A high volume move through the 18.09 price level would be buyable. Stay tuned.

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: COG, DDD, GERN, RWLK, SUNE, VRNG, ZIOP

19:24 | Permalink |

6 chart setups for Tuesday, December 22, 2015

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Shares of Sunedison Inc (NYSE:SUNE) had a nice surge a few days ago and has been consolidating that move since then. The major resistance resides around the 6.88 price region. Only a close above this level would suggest further upside targeting the 7.50/8 area.

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Clovis Oncology Inc (NASDAQ:CLVS) Price should become explosive if this chart pattern is broken to the upside with volume. From a technical standpoint, the stock has an up trending MACD, indicating potential accumulation and an up-trending RSI at 33 indicating room for potential further gains. CLVS needs to be at the top of your watch list.

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Nivalis Therapeutics Inc (NASDAQ:NVLS) might attempt to breakout above the $9.11 level again and if it succeed we should expect a strong move to the upside. On watch.

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) remains high on my radar due to the recent run up on heavy volume. I plan to buy the stock on a break and close above $2.10 and add more on a break above $2.25. On watch.

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Syngenta AG (NYSE:SYT) has recently been trading with increased volume and is about to test again the major resistance around the 79.50 level. The stock needs to close above this level to indicate a continuation of the rally and the following uptrend will take price up to $86 zone.

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Great Basin Scientific Inc (NASDAQ:GBSN) heavy volume at the bottom (around $2 level). Players are betting on a significant bounce here. The positive divergences are also evident on the hourly chart and should lead to an upward bounce. On watch. PS: This is a high risk stock.

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

Thanks for visiting AC Investor Blog.

AC

Labels: ARNA, CLVS, GBSN, NVLS, SUNE, SYT

11:00 | Permalink |

Watch list for the week ahead - The Christmas week HO HO HO

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BlackBerry Ltd (NASDAQ:BBRY) Despite the market selloff on Friday, the stock closed the week above the 200-day EMA on higher-than-average volume, after the company reported a smaller quarterly loss of just three cents on revenues of $557M in its fiscal third quarter. The break of this resistance 19 months ago (June 2014) triggered a strong bullish signal and generated a massive move upward. A clear break and consistent movement above the Friday's high of 9.09 next week, could trigger further bullish pressure testing the 10/10.5 area. From a technical standpoint, daily indicators are in bullish zones. The MACD is moving above its signal line in positive territory and the RSI indicator is moving above its 50% level. Slow stochastic is also rising above its 50% level. All short/medium EMAs are rising and the stock is now above all major EMAs. Long setup.

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3D Systems Corporation (NYSE:DDD) rose most of the week, closing the week above the 50-day moving average for the first time since October. The stock has posted an impressive four day rally and continues to garner investor interest. Daily technical indicators have turned bullish. MACD is negative but is about to cross over its zero line, while momentum indicators crossed their midlines to the upside, supporting further advances. The bullish volume trend suggests buyers are accumulating stock. It could initiate a sharp rally, back to $12. As long as the stock can remain above the rising 20-day EMA, I like the stock.

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What a rally for GoPro Inc (NASDAQ:GPRO) late in the day. We have to believe that this rally will resume in earnest on Monday. A break above the $20 level would give the stock momentum for a run to test the declining 50-day EMA. From a technical standpoint, the MACD is moving up showing positive momentum while RSI also show bullish movement. Plus, A/D line is moving up, it means the stock is being accumulated.

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I continue to watch Clovis Oncology Inc (NASDAQ:CLVS). The volume is still large so it could potentially try to break out again at any moment. On the daily technical chart, we can see a few things going on here. First, the The MACD continues to trend higher above its signal line. Also, RSI is indicating a potential trend reversal to the upside. Last, and definitely not least, the MFI remains above the 50 centre line. The stock look way oversold and has a big gap to fill upward. You should keep this stock on your screen radar.

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Keep Vringo, Inc. (NASDAQ:VRNG) on your watch list. A break of 2.80 with force might give the stock room to $3.90. The stock is getting some buying and looks poised to post some nice gains if the buying volume persists. A lot of technicals (MACD & ADX) are saying VRNG is about to take off. Plus, recent insider activity has been Bullish. Continue to keep this stock on your radar.

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With the Rambus Inc. (NASDAQ:RMBS) holding above its 9,13 & 20 EMAs, I expect further upside. The stock may expect some resistence at $11.98 per share, the 100-day EMA. The three daily technical indicators, MACD, RSI & ADX are neutral to bullish signalling that sideways to higher prices are possible near term.

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Sunedison Inc (NYSE:SUNE) has been in a strong uptrend since mid-November and it does not looks like this trend will change soon. The volume is still large so it could potentially break out again at any moment. Breakout watch over 6.88

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email antonio.mrcosta at gmail dot com

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, CLVS, DDD, GPRO, RMBS, SUNE, VRNG

16:43 | Permalink |

Stocks to Watch for December 18, 2015

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Sunedison Inc (NYSE:SUNE) continues to show tremendous strength as it closed today at $6.24 above the 50-day EMA for the first time since July. Thursday’s high of $6.88 is resistance for the next upside move. Upside momentum still intact.

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Whole Foods Market, Inc. (NASDAQ:WFM) Still loving this setup (Cup & Handle bottom). Buy point would be on the day it blows through $34.5 on heavy volume.

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Valero Energy Corporation (NYSE:VLO) had another very productive day as we saw gains of over 2% and I believe it has more room to run. The short-term outlook remains positive for the stock. The stock finds an immediate resistance at 72.70 and support at 70.05 followed by 68.22

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Lion Biotechnologies Inc (NASDAQ:LBIO) has been consolidating nicely since it rose from $6.21 to a high of almost $8.50. To me the stock still looks poised to break higher. Looking at the technical chart above you can see that the money inflow keeps getting higher indicated by the heading up of CMF, which should eventually lead to price increases. I remain bullish on LBIO and would watch for a dip and bounce near 7.42 or a breakout over 8.22 as a potential entry point for new long positions.

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: LBIO, SUNE, VLO, WFM

22:31 | Permalink |

Stocks to Watch for December 16, 2015

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Valeant Pharmaceuticals Intl Inc (NYSE:VRX) has been consolidating in a flag formation over the last 2 weeks after a strong rally in late-November. Today, the stock broke out of the flag pattern and closed up $16.13 to $110.27 with high volume. A move above 114.95 would confirm the breakout and could lead to 120 initially and then 127, my secondary target. Technicals are showing bullish signals supported by positive RSI and MACD indications.

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Plug Power Inc (NASDAQ:PLUG) may finally be ready to break higher above its 100-day EMA after a strong close today. Looking at the chart, technical indicators are flashing bullish signals. The MACD indicator is slightly negative but is rising above its signal line and the RSI is back above its 50% level. The next key resistance lies at 2.19 (EMA100). If a breakout happens we can see a target of 2.45.

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Sunedison Inc (NYSE:SUNE) continue to surge. The stock price is strong and getting stronger every day it seems. If it break through 5.19, then expect more upside. If this happens, SUNE is a good play.

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Juno Therapeutics Inc (NASDAQ:JUNO) had a strong bounce from the support in the $44 area with solid volume. With RSI in oversold zone, it is possible we could see a bounce up to its 200EMA at $49.30

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AK Steel Holding Corporation (NYSE:AKS) The share is trading in oversold territory and I expect a bounce from current levels. Today’s high is resistance for a follow through move on Thursday.

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Clovis Oncology Inc (NASDAQ:CLVS) After being trading in a bearish tone for some time the stock appears to making a comeback in favor of the bulls. It has already started its bounce back up and looks poised to break resistance at $34.74 (13EMA). I think the stock could see $35 or better in short-term.

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: AKS, CLVS, JUNO, PLUG, SUNE, VRX

22:36 | Permalink |

Stocks to Watch for December 15, 2015

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Sunedison Inc (NYSE:SUNE) jumped 5.78% today finishing the session near the highs of the day on solid volume, suggesting buyers are stepping in. Today's breakout gives the stock a high probability for trend continuation towards the 5-5.17 area short-term.

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Lion Biotechnologies Inc (NASDAQ:LBIO) has been flagging in the last sessions after a huge upmove since Mid-Nov from the 6.21 to 8.45 area. Next buy point would be over 8.10 area.

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Whole Foods Market, Inc. (NASDAQ:WFM) Long set-up on watch. Lets see if it breaks over $34.50 this week.

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Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) broke through the key resistance level today accompanied with decent volume, but did not have much momentum behind the move, so keep an eye on it to see if tomorrow will confirm the intraday breakout.

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: ALXN, LBIO, SUNE, WFM

22:16 | Permalink |

Stocks to Watch for December 14, 2015

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Despite the market sell-off on Friday, Second Sight Medical Products Inc (NASDAQ:EYES) shares showed some strength for the second consecutive day and recovered some of their losses in the final hour. It seems that the stock has discovered fresh upward momentum, although it still needs to clear the declining 50-day EMA resistance around $6.30. If it is able to close above this key resistance level then the next target becomes the $8 area, towards the highs of November. In addition, MACD also indicates positive momentum and the accumulation/distribution indicator is turning up. This was a $15 stock in August and at $5.93, in my honest opinion, there is a compelling risk/reward scenario based on the recent news. Look at the two big volume days of last week, that is serious accumulation. The stock is starting to impress and should be one to watch going forward. If momentum continues as I expect next week, I believe there are lot of profits left on the table for traders to capitalize on. Im long.

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VMware, Inc. (NYSE:VMW) Watch this small falling wedge to be resolved to the upside. There has been some unusual call activity past week. I think in the short term it could see $65 but let's see a test and close above of $60 first.

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Sunedison Inc (NYSE:SUNE) had a volatile but indecisive movement on Friday. Moves of key indicators on daily charts suggest continuation of positive bias for the stock. Plus, chart shows an ascending triangle formation in progress. The key level to watch here is the upper resistance at around 4.37.

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Finisar Corporation (NASDAQ:FNSR) broke through that critical 12.54 level Friday on heavy volume and looks to be heading higher. The stock hit a high of $14.52, which is resistance for Monday’s move. If the stock can break through resistance, we should see a strong follow through move.

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Tuniu Corp (NASDAQ:TOUR) has started a resistance breakout of the 16 level. Further rise could be expected and next target would be at 17.5 area. All technical indicators continue to point to higher prices.

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Mylan NV (NASDAQ:MYL) looks like is close to attempting a breakout. The stock hit a high of $53.28 but failed once again to close above the 53.73 key resistance area. I expect to see a high volume move once the stock breaks through this level as traders are watching this stock closely. On watch.

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GoPro Inc (NASDAQ:GPRO) made a nice upside reversal on Friday. The daily technical chart above is displaying a screaming buy divergence on the upside (MACD & RSI rising) Expect an initial run up to $19.64 with a break higher moving to the 21 zone. The stock has momentum back on its side.

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: EYES, FNSR, GPRO, MYL, SUNE, TOUR, VMW

16:03 | Permalink |

AC Investor Blog

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

Monday, March 14, 2016

Stocks to Watch for March 15, 2016

Monday, January 04, 2016

Stocks to Watch for January 05, 2016

Saturday, December 26, 2015

Stocks to Watch for December 28, 2015

Tuesday, December 22, 2015

6 chart setups for Tuesday, December 22, 2015

Saturday, December 19, 2015

Watch list for the week ahead - The Christmas week HO HO HO

Thursday, December 17, 2015

Stocks to Watch for December 18, 2015

Tuesday, December 15, 2015

Stocks to Watch for December 16, 2015

Monday, December 14, 2015

Stocks to Watch for December 15, 2015

Saturday, December 12, 2015

Stocks to Watch for December 14, 2015

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