AC Investor Blog

Potential nice swing trade Ideas for the coming week

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Moderna Inc (NASDAQ:MRNA) yesterday broke out of a bullish pennant formation that has been a pause in its steep, more than 45% up move in April. A break of 51.84 would confirm the continuation of the trend and should lead next to a target zone of 59-60 Moreover, the MACD Hist is also confirming this upward bias by providing a bullish divergence. Long setup.

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Inovio Pharmaceuticals Inc (NASDAQ:INO) has been in a steep rise ever since it breached resistance of 9.32 on strong volume accumulation. Though this upside move is a bit extended especially if we look at the daily RSI, it is important to keep in mind that overbought conditions do not necessarily mean bearish, but merely implies that a stock has risen too far too fast and might be due for a pullback. However, also would like to point out that I see no strong resistances till $19 level mark. Definitely on watch next week.

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NovaBay Pharmaceuticals, Inc. (NYSEAMERICAN:NBY) is looking good to me. Im very pleased about how the stock has pulled back to its major support zone after its large move in the middle of this month. For the coming week, a breakout above the 99c level would signal the start of a new uptrend that could potentially test the recent highs around the $1.20 area. You do not need much digging to see that the stock has very strong bounce potential here. On watch.

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The strong move in Microbot Medical Inc (NASDAQ:MBOT) shares was something that I predicted and tweeted the potential breakout on Thursday. If you were following my official twitter/Stocktwits account you would have gotten the tweet when the stock was trading at 5.73. It ended the day at $9.20 on Friday, gaining nearly 47%. If you jumped in and booked your profits, congratulations !!

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Zosano Pharma Corp (NASDAQ:ZSAN) is positioned for an upside breakout from a narrowing trading range. The stock has been consolidating the 65c/75c range for several days. An ideal entry would be just above resistance, which would confirm the breakout and continuation of the uptrend towards a target of 95c/1.02. However, on Friday i already took a long position on stock before it explodes higher. Technical's are looking up as we see only minor resistance at 75c. Looks like this stock is poised for a strong breakout at any time now! On watch.

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BIO-key International, Inc. (NASDAQ:BKYI) made a strong upside reversal yesterday. We should be able to see some decent upside movement for the bulls here next week. A positive MACD cross has also occurred and RSI is moving up. Expect an initial run up to 99c with a break higher moving to the 1.2 zone.

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I bought the pullback in Polar Power Inc (NASDAQ:POLA) at 1.55 avg price. Next target to break is 1.65 and then we should move to 2 quickly.

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Toughbuilt Industries Inc (NASDAQ:TBLT) The accumulation on the chart is telling us people are buying and the selling is light. I would keep a close eye on this stock, as it could really break out from current levels. I think at some point soon this stock will break out hard to the upside to test once again the declining EMA100 now located at 2.04

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Synlogic Inc (NASDAQ:SYBX) had a strong day on Friday and broke through its resistance line on decent volume. The outlook is now bullish and the stock appears on course to move to the target zone of the 2.8-2.94 range.

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iFresh Inc (NASDAQ:IFMK) is on the verge of really blowing up. I would not be surprised to see the stock test the $1.85 level at some point over the next few days. The daily technical chart sure shows a possible reversal in trend coming. Daily MACD is narrowing its trajectory to move towards positive crossover. 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

Labels: BKYI, IFMK, INO, MBOT, MRNA, NBY, POLA, SYBX, TBLT, ZSAN

18:55 | Permalink |

Trade Ideas for Tuesday, 18 February 2020

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Viveve Medical Inc (NASDAQ:VIVE) deserves some eyes tomorrow after the weekend tweet from Michael Coudrey "Investment management firm CRG just thwarted my undisclosed takeover bid of medical devices company $VIVE by purchasing a 67% majority stake as part of a financing deal for the company. Along with a few other firms, they now control 90% of all outstanding share". Tuesday could be a very interesting day for VIVE There are not many shares left to go around now. We've all seen how high a stock can go when the entire float is accounted for. It looks like investors are accumulating at these prices in anticipation of a nice rally in shares. That rally could get going this week. We should find out just how high VIVE will go. Could this be the next TRIL? The chance is there. VIVE is a stock worth watching on Tuesday. Could squeeze over 1.56 EMA50.

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Synlogic Inc (NASDAQ:SYBX) is quickly approaching the apex of a big symmetrical triangle pattern that has been forming for the past few weeks. It is also visible a positive divergence on 4h MACD, which could be an indication of a potential breakout to the upside. It could be time for this $2.4 stock to take off in a big way. Add it to your watchlist.

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Artelo Biosciences Inc (NASDAQ:ARTL) The stock seems to have bottomed out and there are strong possible buy signals that could indicate a reversal. On Friday O'Brien Peter Michael has filed Form SC 13G with SEC, reporting 10.07% Ownership. I think this stock offers a great opportunity and will be gaining momentum soon.

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Genprex Inc (NASDAQ:GNPX) continues to impress me and investors who are short the stock are feeling the pain. Watch the break of this flag formation for further gains. As long as the support holds at 3.8 the newly established upward trend is intact.

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Westwater Resources Inc (NASDAQ:WWR) increased my position last week for this week conference call. Company will provide updates on its graphite, lithium and uranium businesses. As I always say, history tends to repeat itslelf, lets see if we could see another spike to +$9 From a technical standpoint, the stock closed last week above the major downtrend resistance line. I would look for a continuation tomorrow if the stock can break and hold above the 100EMA average. Next resistance in the $3.25 price level.

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Virgin Galactic Holdings Inc Class A (NYSE:SPCE) closed on Friday gaining more than 21% to a new historic mark for stock at $28.68, near the highs of the day at $28.79. The stock has been one of the most amazing runs since December 2019. Looking at the daily chart the investor sentiment in SPCE stock showed by RSI continues strong and MACD still going up. As long as the uptrend line on 30m chart holds, the strong uptrend remains intact. I recommend using tight stops on this stock.

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: ARTL, GNPX, SPCE, SYBX, VIVE, WWR

16:48 | Permalink |

Swing trade ideas for the coming week

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CymaBay Therapeutics Inc (NASDAQ:CBAY) price broke out of a bottom/accumulation pattern accompanied by strong volume on Friday and is now trading in the gap zone. This break confirms a short term trend reversal and the beginning of new momentum. Watch next week the break of Friday's high for continuation.

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Matinas BioPharma Holdings Inc (NYSEAMERICAN:MTNB) finished higher on Friday after bouncing off the 1.49 area, a strong support region that may represent the short-term bottom. The volume is picking back up, the MACD is still rising and in good shape thus far. It seems like the stock is setting up to break out and has one more level to go, which is $2.18 Long setup on watch.

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Obalon Therapeutics Inc (NASDAQ:OBLN) is a clear breakout candidate, as resistance around $1.96 is under pressure. The chart shows a bullish sign. MACD lines are going up and RSI is rising above the neutral 50 level, buyers strength still persists. If the stock moves above this key resistance area it could rise till 2.35-2.5

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OpGen Inc (NASDAQ:OPGN) 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 1.34

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NF Energy Saving Corp (NASDAQ:BIMI) is moving inside a rectangle area indicating consolidation after significant bullishr momentum. The stock needs to break from the range area to see clearer direction. A break above 3.70 could trigger further bullish momentum targeting 4.20 region, while a break/close below 3.4 could change the short-term trend, but this is not likely to happen. Keep an eye on BIMI next week. This China energy name has that look.

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Synlogic Inc (NASDAQ:SYBX) Although it seems like there is potential for a further drop, this pullback could be part of a healthy continuation of the medium-term bullish trend.

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Ekso Bionics Holdings Inc (NASDAQ:EKSO) starts showing buy signals again. The stock closed the week above its 20-day moving average, which is a very bullish sign. Although the stock didn't perform well this year, we start to see now some signals of rebound as the technical chart shows positive momentum is back. I'd look to the 61c level moving as the next buy point. If it passes that, then we have room to run to next resistance at 74c. Let’s keep an eye on EKSO

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Myovant Sciences Ltd (NYSE:MYOV) has been pulling back most of this month, so far, but that should provide a better entry for another run higher. Looking for a possible entry near 14

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Synaptics (NASDAQ:SYNA) broke through the highs set in November on strong volume accumulation and should continue to move. Buyable on a pullback to the pivot.

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Nio Inc (NYSE:NIO) has been in a bullish consolidation over the last 3 weeks and appears ready for another breakout. Keep on watch.

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First Majestic Silver (NYSE:AG) continues to sit in a consolidation range. At some point, the stock will breakout and I want to be there for this move. The major resistance stays at $11.55. Fresh long should be made only when the stock closes above this level with an up candle on volume. Long setup on watch.

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Akebia Therapeutics Inc (NASDAQ:AKBA) Flagging. Breakout watch over 6.56

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: AG, AKBA, BIMI, CBAY, EKSO, MTNB, MYOV, NIO, OBLN, OPGN, SYBX, SYNA

19:34 | Permalink |

Friday's Stocks To Watch - Happy Thanksgiving

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Myovant Sciences Ltd (NYSE:MYOV) money keeps pouring into this stock. One thing that never lies with bio cap stocks is money flow and MYOV has got it going on. This was a $27.45 stock back in July 2018, and while I don't see that price coming this year, I do think there is plenty of more room to the upside. I entered last week around 12.6 and took some profits yesterday. This is very overbought, so this means a possible correction is near and this may give me again a chance to jump in when it moves lower, but the trend is clearly UP.

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Obalon Therapeutics Inc (NASDAQ:OBLN) interest is starting to grow for this small bio cap stock (Watch this Video - Treatment designed for overweight patients). The CEO recentlypurchased 65K shares, which boddes well for us, investors. At some point, investors will catch onto this stock and send it higher. Getting in before the crowd is one of the best ways to make money in this market. On the daily time-frame, the MACD-histogram has been sloping up again and the short-term EMAs have just ticked up to give a buy signal on the Impulse System. The stock needs to break the downtrend line at 1.85 to expect a strong rally at this point. Im long and strong.

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Synlogic Inc (NASDAQ:SYBX) another small bio cap that deserves your attention next week. The company announced recently that Aoife Brennan, M.B., B.Ch., Synlogic’s president and chief executive officer, will participate in a fireside chat at the Piper Jaffray 31st Annual Healthcare Conference at 11:30 am ET on Thursday, December 5, 2019, in New York City. Certainly this is a stock to watch heading into the conference.

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Nio Inc - ADR (NYSE:NIO) this stock closed near its session highs on heavy volume. This stock continues its uptrend and I see it trading at $2.6 and better next week. We have a gap to fill.

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I know many have lost money on Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) as it continues to plunge, but at some point this stock will find a bottom and post a strong rally. Could it be right here at $2.50 ? This technical chart says its time to hold what you got and add a little on the break of 2.71 for a run to 3.36. With the recent positive events I think it is only a matter of time before TTPH takes off and breaks out of its recent bottoming trend. I have been accumulating the stock.

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After a nice pop in the morning the rally fizzled in the afternoon and Hepion Pharmaceuticals Inc (NASDAQ:HEPA) investors were left with a 35% gain on the session. Stock needs to hold the 5.80 support level in order to resume the uptrend.

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Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) news out bolstered the stock and could be signal another potential rally for this stock. It certainly deserves watching going forward. This stock could break out at any moment. Alliance Global Partners maintained Tonix Pharma (TNXP) coverage with Buy and target $6.5

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: HEPA, MYOV, NIO, OBLN, SYBX, TNXP, TTPH

15:36 | Permalink |

Stocks to Watch for October 22, 2019

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Soliton Inc (NASDAQ:SOLY) cleared resistance on expanding volume and looks ready to extend its gains. Keep on watch list.

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OncoSec Medical Inc (NASDAQ:ONCS) is back on the list for Tuesday’s trading session. Nice bullish candle on decent volume yesterday. Looks like higher prices to come. Resistance reflects Monday’s high.

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Guardion Health Sciences Inc (NASDAQ:GHSI) This is very constructive price action as it pulls back on lighter volume. Shares have been forming a nice bull flag. If the price breaks this flag the price target is $1.20 Im buying any dip. Just playing what the chart says, nothing more.

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We finally got the breakout in Kadmon Holdings Inc (NYSE:KDMN). Shares rallied past resistance of $2.95 and hit my trigger to open positions. I will be watching the stock again on Tuesday, looking for a follow through move. As long as the stock stays above the rising 50-day EMA, the bullish scenario still intact. Moves of key indicators suggest continuation of positive bias. NOTE: The company announced yesterday in AH that the FDA has approved CLOVIQUE™ (Trientine Hydrochloride Capsules, USP), a room-temperature stable, branded generic product. Trientine hydrochloride is used for the treatment of Wilson's disease in patients who are intolerant of penicillamine. Next major resistance lies at 3.95

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First was AVGR, then ONTX and the third stock from my Watchlist to break the $1 zone should be Dare Bioscience Inc (NASDAQ:DARE). The stock has been forming a bottom and rallied above its 100-day moving average yesterday on decent volume. It looks to be bottoming and we could see $1.14 - $1.3 in rapid fashion.

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Synlogic Inc (NASDAQ:SYBX) is another stock that I brought to my twitter followers attention recently. This stock is in the process of bottoming and I expect a pop above 2.5 at some point in the coming sessions.

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: DARE, GHSI, KDMN, ONCS, SOLY, SYBX

11:33 | Permalink |

AC Investor Blog

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

Saturday, April 25, 2020

Potential nice swing trade Ideas for the coming week

Monday, February 17, 2020

Trade Ideas for Tuesday, 18 February 2020

Sunday, December 15, 2019

Swing trade ideas for the coming week

Thursday, November 28, 2019

Friday's Stocks To Watch - Happy Thanksgiving

Tuesday, October 22, 2019

Stocks to Watch for October 22, 2019

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