AC Investor Blog

8 Setups to watch next week

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Tesla, Inc. (NASDAQ:TSLA) stock seems to be basing on the 15m chart around its short-term EMAs as the recent downtrend looks to finish, and a break past the $760 resistance could mark a short-term reversal of the price action. On the other hand, if the stock breaks the support in the low 722's on heavy volume,it can go down again to 685-680

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CounterPath, Corp. (NASDAQ:CPAH) is another stock I am watching closely. The stock broke out on volume last week with no news confirmed by a Bullish MACD crossover on the 4h chart. The next major resistance levels are $2.46 and $3.15. If this rally does come to fruition a quick 30-50% gain, possibly much more, is not out of the question. I doubled my position on Friday. As i tweeted, im expecting more positive news from the company very soon.

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Tetra Tech, Inc. (NASDAQ:TTEK) broke out from a sidewards movement last week creating a significant amount of bullish potential. The daily technical chart above shows very strong upward momentum as the stock is above the 20/50 and 200-day exp moving averages. All indicators still point to a bull market. The measured move of the pattern yields a price target in the range of $97 to $98. Looks buyable on dips to around 91

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My Size Inc (NASDAQ:MYSZ) showed relative strength ended Friday green despite indices being red, breaking a falling wedge pattern. Lets see if we can get a move back over $3 next week. Volume history shows this stock won't need too much buying pressure to explode higher.

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Sunworks Inc (NASDAQ:SUNW) the company has done so many positive things in the last months including reducing the outstanding balance of its $3.0 million senior note due January 31, 2021 by $1.5 million. Currently at 90c this stock could be one of those huge penny stock runners. Patience is difficult in this particular market but can also pay of handsomely. I took a big position on Friday. The rising of the money flow index is telling us something ;)

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Twitter, Inc. (NYSE:TWTR) Buy or sell the break of the trading range on the 15m chart. No clear direction yet. A break up will bring the price to repeat the test of 38.5. Break down, will allow the bears to go to 35.

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Vaxart Inc (NASDAQ:VXRT) has been basing for more than two weeks now, and is trying to gain sufficient momentum for a breakout. If the stock clears resistance at 1.25 the move may be powerful. SL $1

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Pacific Gas and Electric Company (NYSE:PCG) may be ready to break out of this sideways consolidation. Potential swing long above 17.46

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: CPAH, MYSZ, PCG, SUNW, TSLA, TTEK, TWTR, VXRT

17:04 | Permalink |

Some trade ideas for the last trading days of the year

Hello everyone,

Thank you to all who have been with me this far and congratulations to everyone on taking advantage of all the recent gainers. Always remember to use sound money management and do your DD when participating in any security exchanges. The small cap market can be extremely rewarding and that is why i love when certain opportunities arise. But these stocks can also sometimes move rapidly and be very volatile, so never risking any more than you could afford to lose is a rule to never be forgotten. Thats the golden rule to be successful.

I would like also to take this opportunity to wish a Happy New Year to all of you and to your families! I hope 2020 will be a year filled with good health, happiness, freedom from war, violence and success for you and your families. Enjoy reading the last post of 2019 and get ready for another potential amazing year. See you all in January. Take care.

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Thermogenesis Holdings Inc (NASDAQ:THMO) ended the week with a bang on Friday. The stock exploded from a low of 2.72 to a high of $4.81 for a nice intraday move of 60%. Congratulations to all my readers and twitter followers that played last week blog alert and pocketed some nice gains.

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For those of you that will be celebrating this weekend the gains on THMO, I would like to present this chart of another low float stock that could see a nice bounce in the week ahead. EVINE Live (NASDAQ:IMBI) The stock has given a trend-line breakout on the daily chart which indicates a reversal of the previous bearish trend, which confirms the bull trend in the short-term heading for immediate target of 4.85-5.25 levels. Oscillators like Slow Sto, MACD and RSI too supports the new bullish momentum, due to its positive divergences.

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It looks like Obalon Therapeutics Inc (NASDAQ:OBLN) is starting to turn back up and indicators are giving the first bullish signs. On Friday it closed just slightly below its 50-day EMA, which if broken could accelerate the stock toward its September highs around the 2.35 area. A volatility squeeze seems eminent. You want to watch the stock closely as OBLN can move quickly and you want to be ready for this move once it happens. Long setup on watch.

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Kodak (NYSE:KODK) hit a new 52-week high Friday, trading as high as $4.07, before settling at a close of $3.83. The stock broke a pennant formation on volume and will be watching it on Monday, looking for a follow through move. As long as the stock stays above the rising EMA13, the short-term bullish scenario still intact. Technical chart shows very strong bullish sign.

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Sunworks Inc (NASDAQ:SUNW) Friday's candle closed back above the EMA13 with volume backed confirmation and I expect to see a continuation move next week. The daily technical indicators are reversing up and are advocating for a technical rebound.

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Cassava Sciences Inc (NASDAQ:SAVA) established a new 52-week high on Friday of 5.5, however in the afternoon stock retracted closing at $5.21. Technically speaking, the stock is showing some strength along with the momentum. Adding to my conviction is that the stock continues to trade above all the hourly exp moving averages and specially the ever critical 13-hourly EMA (it has been served nicely as support) which is now located at 4.57. The short-term bullish still intact as long as the stock remains above the 13-hourly EMA, but a tight stop loss should be used.

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McDonald's (NYSE:MCD) continued its short-term bullish momentum on Friday. The stock price is inching closer and closer to another breakout move. Buying momentum is still positive and strengthening $199 is the level to watch for a breakout.

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BOQI International Medical Inc (NASDAQ:BIMI) closed the Friday session strong right near the high of the day. We all know what can happen with BIMI when it gets some momentum behind it. This is a stock to watch going forward.

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Fiverr (NYSE:FVRR) closed up 6.84% above the key resistance level of 24.86 in what may be the start of a trend reversal. I think this stock could be setting itself up for another nice run short term. Needs confirmation next week.

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: BIMI, FVRR, IMBI, KODK, MCD, OBLN, SAVA, SUNW, THMO

20:17 | Permalink |

My Watchlist for Friday, October 14

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Under Armour Inc (NYSE:UA) surged in the final hour of trading and closed back over 38. The stock continues to show some strength in this market. The MACD is registering a bullish signal and the RSI is rising slowly but hasn’t reached the 50% level. The stock has the following important levels. Resistance at $39 and support at $37.40

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First Solar, Inc. (NASDAQ:FSLR) is setting up for an interesting upside move. The stock hit a high of $39.09 today, but was not able to close above this level due to the market conditions. I expect to see a high volume move once the stock breaks through the key $39.42 resistance area, as traders are watching this stock closely. I believe that the stock could be gearing up to make a run out of this bull-flag formation.

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I've been stating for days that the ProNAi Therapeutics Inc (NASDAQ:DNAI) is trying to bottom. The stock remains deeply undervalued based on fundamentals and has lots of upside potential IMHO. If it breaks the 1.93 level (downtrend line), the momentum could move stock up to the $2.8 area where the 100-day EMA is located. Plus, the upcoming presentation (Next Generation DDR Therapeutics - next week) combined with the positive divergences, may be the perfect catalyst needed to spark a short-squeeze buying explosion here. Lets keep an eye on it. Stop 1.76

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Sunworks Inc (NASDAQ:SUNW) Despite the bearish market action, the stock performed well. $2.99 is the next resistance level that if broken, could send shares back to retest the $3.36 level. I'm Bullish on SUNW.

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Ocular Therapeutix Inc (NASDAQ:OCUL) shows signs of reversal of trend with its recent advancement, however only a strong close above 8.24 would indicate that the stock is ready to move higher. Keep an eye on stock.

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Computer Sciences Corporation (NYSE:CSC) Setting up a possible resistance breakout trade. Long over 53.46

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: CSC, DNAI, FSLR, OCUL, SUNW, UA

22:21 | Permalink |

My Watchlist for Friday, October 07

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Sunworks Inc (NASDAQ:SUNW) price action finally broke out of a falling wedge pattern accompanied by a strong volume expansion, suggesting a trend reversal higher. At the same time the stock also closed back above the 50 and 200EMAs. The daily technical chart set-up for Sunworks appears to be near perfect to deliver gains in the coming sessions. Short-term technical indicators are looking bullish and the MACD has produced a new buy signal. I see a new impulse higher that projects a rally through 3.36. If momentum continues on Friday, we could have a nice winner on our hands.

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Cinemark Holdings, Inc. (NYSE:CNK) Good break higher Thursday, clearing the prior highs on high volume. There is a good chance it will continue to move up. Buyable on a pullback to the pivot.

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BlackBerry Ltd (NASDAQ:BBRY) bounced strongly off its rising 50-day EMA as expected and there looks to be enough momentum to carry it back above 8.30 again. Among the technical indicators, MACD is positive and RSI is above its 50% level, showing positive momentum.

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Yirendai Ltd (NYSE:YRD) Thursday's bar closed back above the 27 price level, so the current uptrend looks set to continue. is positive and RSI is above its 50% level, showing positive momentum.

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AutoNation, Inc. (NYSE:AN) is setting up for an interesting upside move. The stock hit a high of $50.46 on Thursday, but was not able to above this level due to the market conditions. I expect to see a high volume move once it breaks through this key resistance area (200EMA), as traders are watching this stock closely.

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: AN, BBRY, CNK, SUNW, YRD

22:27 | Permalink |

Sun Microsystems trade Idea

Chart courtesy of stockcharts

Shares of Sun Microsystems were down nearly 2% to 5.06 today, in a overall good session for stocks. Today was another desapoint session for longs on Sun stock. The optimism quickly faded and the bull run disappeared, and now SUNW is down about 30 percent from the 52 week high of 6.78$. Stock is now testing the support at 5$, and in the short term we may see a short bounce due to the oversold conditions, but the trend still down.

Chart courtesy of stockcharts

On the other hand, NTRI stock show a possible breakout over 66.90$. The uptrend initiatedin February still intact.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

Thta's All. Have a nice evening !!!

AC

Labels: NTRI, SUNW

22:21 | Permalink |

Hello .......13000..mark...... " WOW "

Chart courtesy of stockcharts

For the fist in the history of the US markets Dow Jones passes 13000 mark, after many of the country's biggest companies surpassed analysts' first-quarter earnings projections. In addition to earnings, adding to the momentum Wednesday was a surprisingly strong reading on durable good orders, which rose 3.4 percent in March, above forecasts.

Chart courtesy of stockcharts

On the other hand, Sun Microsystems Inc. plunged 67 cents, or 11 percent, to $5.27 for the steepest decline since September 2003. The world's third-largest maker of server computers said fiscal third-quarter revenue rose 3.3 percent to $3.28 billion. That missed the $3.41 billion average estimate of analysts. Looking at the chart stock retested the support at 5.20, however closed above. Indicators are now negative with back again below 0.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a nice evening !!!

AC

Labels: Dowjones, SUNW

20:01 | Permalink |

Ericsson and Sun Microsystems

Here are a couple shorts that look pretty decent to me.

Chart courtesy of stockcharts

Shares of SUNW fell more than 2.5% closing at 6.06$ and near the major support 6$. Looking at the chart we can see that MACD fast line crossed below slow line, a Bearish signal.

Chart courtesy of stockcharts

Shares of ERIC fell more than 1% today closing at 37.16$ . CCI indicator started moving down, a sell signal might be given when the CCI moved back below +100. Keep an eye on Ericsson.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a nice evening !!!

AC

Labels: ERIC, SUNW

19:42 | Permalink |

Stock to watch tomorrow : SUNW , YHOO

Chart courtesy of stockcharts

Shares of SUNW rose nearly 8% in after-hours after the earnings report, the company swing to a profit, earns $126 million. Gap UP for tomorrow.

Chart courtesy of stockcharts

Shares of JNJ fell 0.68$ or 1.01% to 66.50$ today after reported a solid earnings, Johnson & Johnson posted a 3.5 percent increase in fourth-quarter profit as higher sales, especially for consumer products overseas, were mostly offset by the first charge for a major acquisition. Revenue totaled $13.68 billion, up 8.5 percent from $12.61 billion in the last quarter of 2005. Stock closed today above the support, pay attention if break the wedge.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's all. Have a nice evening !!!

AC

Labels: JNJ, SUNW

21:13 | Permalink |

Sun micro in focus today, JDSU good day

Chart courtesy of stockcharts

JDSU stock closed flat today, in a bad day for overall markets, however stock didn't go down when the market goes down, often goes up when the market goes up. MACD is now above 0. Keep an eye on JDSU.

Chart courtesy of stockcharts

Shares of Sunmicro doesn't react to much to the latest news, stock was down 0.02 or 0.35% to 5.75$.
Sun Microsystems Inc. and Intel Corp. said today they reached an agreement where Sun will buy Intel chips to use in its server systems. The companies said the deal includes joint engineering, design and marketing efforts. In the daily chart we start to see some weakness in the stock with MACD cross below 0, however this situation must be confirmed in the next sessions, because Uptrend is still in place.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's all. Have a nice evening !!!

AC

Labels: JDSU, SUNW

20:44 | Permalink |

AC Investor Blog

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

Saturday, February 08, 2020

8 Setups to watch next week

Saturday, December 28, 2019

Some trade ideas for the last trading days of the year

Thursday, October 13, 2016

My Watchlist for Friday, October 14

Thursday, October 06, 2016

My Watchlist for Friday, October 07

Tuesday, May 29, 2007

Sun Microsystems trade Idea

Wednesday, April 25, 2007

Hello .......13000..mark...... " WOW "

Tuesday, March 27, 2007

Ericsson and Sun Microsystems

Tuesday, January 23, 2007

Stock to watch tomorrow : SUNW , YHOO

Monday, January 22, 2007

Sun micro in focus today, JDSU good day

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