AC Investor Blog

My Watchlist for Monday, November 28

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Voltari Corp (NASDAQ:VLTC) I have been researching researching the small cap market (low float stocks) for the past couple of days to find a fresh play and finally I have found what I believe to be the perfect opportunity. This stock has a technical set-up that many of my previous winning alerts have had, a small market capitalization and low float. VLTC closed on Friday at 2.70, there was a steady increase in volume towards the end of the week, leading me to believe that this company is starting to attract again some serious attention from investors. As you can see above on the weekly chart, the stock broke the falling wedge pattern to the upside on high volume. For coming sessions, as long as prices hold the support of 2.40 levels (EMA9) could see upside rallies towards 3.70 followed by 4.57 (EMA100) or even higher to 5.50 levels.

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The famous activist investor Carl Icahn has a huge stake in the company (52.69% or 4,739,620 shares). It is interesting to see here also names like Goldman sachs and Morgan Stanley. Plus, this stock has a huge short interest with a short ratio of 15.7. I believe that price may continue its rally next week. A continuation of the rally could cause a short-squeeze situation, and im here to see it happens. For these reasons, i started a position last week (I tweeted my entry order).

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) closed at 1.60 on Friday. The next resistance is at 1.64 and 1.66 respectively. The technical daily chart continue to show a bullish bias. The MACD line is pointing up. RSI is also increasing and is now above the 50% level. Additionally, the stock is forming a Possible Inverted H & S pattern. This is generally a bullish pattern, so a rally could happen. Let's see if the stock price next week will confirm it.

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Im still holding Tokai Pharmaceuticals Inc (NASDAQ:TKAI) with patience for higher expected levels ahead. We need to keep a close eye on the trend line on chart and resistance area. A break and close above it could take the price towards the next resistance area, which is at the EMA50. MACD is rising and CMF is positive, supporting a move higher. On watch.

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Vuzix Corporation (NASDAQ:VUZI) continues to show strength. I think that the continued strong volume on upside moves indicates more than just short covering. Watch the $8.50 level.

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ContraVir Pharmaceuticals Inc (NASDAQ:CTRV) seems to have broken the bullish pennant last Friday (mentioned several times). As such, if it confirms the breakout this coming week, a strong move upward over the next month should be seen. This stock should be closely watched next week.

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Friday was big day for Skypeople Fruit Juice Inc (NASDAQ:SPU) as it broke the trend line mentioned above. I would really like to see some follow-through next week. If it does not blast out of the gates, a buy on the pull back could provide a profitable trade. 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: ARNA, CTRV, SPU, TKAI, VLTC, VUZI

16:39 | Permalink |

My Watchlist for Monday, October 17

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FORM Holdings Corp. (NASDAQ:FH) has been on fire since the start of September and looks ready to make another upside move. The stock broke out of a consolidation range as the stock closed up 45c on the day. Friday’s high was $3.55 which is resistance for Monday’s continuation move. As long as the stock stays above the EMA200, the bullish scenario is still intact. Technical daily chart shows bullish signs with A/D line rising and MACD on top of signal line. I alerted this one several times last month after have detected unusual insider acitvity. I still holding my long position. My stop-loss was adjusted to 2.92 (rising EMA20).

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MGT Capital Investments Inc. (NYSEMKT:MGT) Great run last week on stronger above average volume. Next week the stock needs a close over the horizontal resistance line around the 2.62 level to turn chart bullish on a breakout to the upside. Getting above and staying above this key level would be bullish for the stock and should lead to further upside momentum going forward. On watch.

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Yirendai Ltd (NYSE:YRD) Broke out on Friday on decent volume. Excellent relative strength to broad market. Let's see if next week the stock will confirm the breakout. On the technical side, chart looks Bullish with all major EMAs going up and MACD on top of 0, RSI in a Bullish area too.

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Tokai Pharmaceuticals Inc (NASDAQ:TKAI) I use arguments based on charts to determine my view on a security, and all factors about TKAI were mentioned on Saturday's blog post. As long as the accumulation/distribution line stays in an upward direction, my bias is bullish. The accumulation / distribution line is often considered a leading indicator, because it shows when a stock is being accumulated or distributed, foreshadowing major price moves. For that reason, i will not change my view unless it breaks and closes below the 1.40 support level. Short-term EMAs also support the bullish bias, all are rising. Only time will tell if I was right.

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CSX Corporation (NASDAQ:CSX) tried to break out on Friday but the weak market pulled the stock down from its high. The stock hit a high of $31.73 which is now resistance for Monday’s follow through move. Although this uptrend is encouraging, the near-term outlook stays cautious till the stock closes conclusively above the 31.50 level on heavy volume. Bulls could remain invested with a stop loss on its rising EMA20.

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Resolute Energy Corp (NYSE:REN) recorded a new all-time high on Friday as it broke over $31.05. It continues to show impressive strength. The stock hit a high of $33.10, which is now resistance for Monday’s continuation move. The pivot points on the hourly chart above can be used to determine good points to buy or sell.

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: CSX, FH, MGT, REN, TKAI, YRD

21:25 | Permalink |

My Watchlist for Wednesday, October 12

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Kroger Co (NYSE:KR) traded nicely on a red tape today, breaking a falling wedge to the upside on strong volume expansion and I'm looking for continuation of the upward direction tomorrow. The stock has a likely target of 31.40 and it may have the strength to go further. Use a stop at 28.68. The daily technical indicators are also turning up from oversold conditions and the MACD indicator looks likely to form its own crossover. Keep KR on your radar for Wednesday’s trading day, as there is good upside potential in this move.

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Tokai Pharmaceuticals Inc (NASDAQ:TKAI) showed strength all day and broke higher on massive volume. Stock has not traded above the 50EMA since June. Looks like higher prices to come. Next major resistance lies around the $3 price level (the declining 100-day EMA).

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DHT Holdings Inc (NYSE:DHT) is in a bullish flag consolidation and could break to the upside. On Friday, DHT had unusual call activity. Someone bought 5000 Jan17 $5 calls. Im long here.

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MGT Capital Investments Inc. (NYSEMKT:MGT) is looking nice on Charts. If it clears back over 2.64, may have some good upside. From a technical perspective the MACD and RSI have turned up and +DI is again moving upward.

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: DHT, KR, MGT, TKAI

21:48 | Permalink |

My Watchlist for Monday, October 10

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IntelliPharmaCeutics Intl Inc (NASDAQ:IPCI) The company on Friday received tentative approval from the U.S. FDA for the Company's abbreviated new drug application for quetiapine fumarate extended-release tablets in the 50, 150, 200, 300 and 400 mg strengths. This press release was announced after the markets closed. In after-hours trading, the stock closed with a gain of 50% at 3.57. It will be interesting to see pre market on Monday how it starts out. On the long-time frame above, you can see the pivot resistance points. I mentioned several times on twitter that IntelliPharmaCeutic was looking constructive from a technical standpoint, with the A/D indicator (accumulation/distribution line) showing clear signs of accumulation. A huge congratulation’s to you, if you paid attention to my alerts on IPCI, as you are probably sitting on same pretty hefty gains at the moment. I will use the pivot resistance points and the price targets of analysts to determine my exit strategy. To receive my alerts before the crowd follow me on twitter.

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Tokai Pharmaceuticals Inc (NASDAQ:TKAI) is another stock I have mentioned a few times in the past few weeks showing steady accumulation on charts. I believe things will heat up this month and have based my bullish position on the following factors:

- My system detected unusual call buying in the Oct/Nov 5 and 7.5 calls respectively last month
- Steady accumulation on charts - All short-term EMAs are now rising.
- The company is trading below cash per share.
- It recently broke a bullish flag higher, so a new leg up could possibly be a measured move of that same extent, as chart shows. At this point I see another potential major rally right around the corner.
- Most importantly, on September 8th, the company announced that its Board of Directors has initiated a review of strategic alternatives for the company focused on maximizing stockholder value.

As i said several times on twitter, I still holding my shares because i do think it could reach the $2 price level or more in the coming sessions. Be sure to get it on your radars. Im long and I have a stop located at 1.24

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Adverum Biotechnologies Inc (NASDAQ:ADVM) During mid-Sept, the price broke out of the key resistance line on high volume and back tested the downtrend line Friday on very low volume. The stock already has a robust set of technicals, including a strong accumulation on charts and has a strong cash-position (>$5.9 per share). I believe this stock could stage a strong bounce off this area of support.

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I am also eyeing ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) as a potential bounce play next week. We could see a strong bounce off these lows up towards 30 over the next few sessions due to its extreme oversold state.

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I detected unusual call volume in DHT Holdings Inc (NYSE:DHT) on Friday. Watch this stock if it breaks next week above the 4.57 price level. It's a short-squeeze candidate.

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: ACAD, ADVM, DHT, IPCI, TKAI

11:49 | Permalink |

My Watchlist for the first week of October

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Calithera Biosciences Inc (NASDAQ:CALA) Looks setup for a potential upward move. This stock could be considered one of my favorite plays for Monday, as the chart structure suggests that a huge breakout could be on the horizon. CALA has been basing for a long time, but Friday's close on volume increase could have signaled a shift in the trend. It has witnessed phenomenal gains in valuation when volume enters, so put this small bio tech stock on the top of your list for Monday Morning. If a breakout occurs on volume, we could see a fast move up to $4.20 initially.

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PTC Therapeutics, Inc. (NASDAQ:PTCT) Good break higher Friday on very strong volume surge, clearing the prior highs and the declining 200-day exponential moving average. Stock has not traded at this level since March. Friday's high is resistance for a follow through move next week, a break above this level will confirm the bullish trend and the following uptrend will take price up to $16 zone.

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IntelliPharmaCeutics Intl Inc (NASDAQ:IPCI) Low volume pullback. Moving up after testing the rising 20-day EMA. Looking good technically right here. The Accumulation/Distribution line clearly shows lots of accumulation recording a five month high. The stock may attempt to go higher from here. If the near-by support at $2.01 (13EMA) holds up next week, a rally up to the $2.34 level is probable or even possible. Only a close below the $2 price level would negate the positive outlook. From a technical standpoint, IPCI is my momentum alert with huge Potential.

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Walter Investment Management Corp (NYSE:WAC) Stock has made an awesome run since the beginning of August. Although it did not perform well this year, we start to see some signals of rebound as the technical daily chart shows positive momentum is back. I'd look to the $4.20 level as the next buy point. If it passes that on high volume, then we have room to run to next resistance at $5. Let’s keep an eye on WAC.

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Resolute Energy Corp (NYSE:REN) Renewed buying pressure last week sent shares to fresh all time highs as shorts continue to be squeezed out. If the stock can break Friday’s high of $26.50, we should see a follow through move.

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Renren Inc (NYSE:RENN) looks strong enough to move forward. It's displaying a short upside momentum and is poised to move higher from these levels. Short-term traders could go long once the share price moves above $2.10

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I continue to watch Tokai Pharmaceuticals Inc (NASDAQ:TKAI). The volume is still large so the stock could potentially break out again at any moment. Further rally could be seen to retest $1.85 short-term resistance. As long as the stock stay above the rising 20-day EMA, the bullish scenario is still intact. Accumulation on charts is rising and steady.

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Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH) After taking a breather early this week, the stock broke out on Friday on heavy volume making a new 52-week high. I'll be watching the stock on Monday, looking for a follow through move. As long as the stock stays above $21.42, the bullish scenario still intact.

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: CALA, CQH, IPCI, PTCT, REN, RENN, TKAI, WAC

17:51 | Permalink |

My Watchlist for Thursday, September 29

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BlackBerry Ltd (NASDAQ:BBRY) finished with a nice bullish candle after reported good earnings/guidance, showing clear signs that its turnaround efforts is giving the first results even with less revenue. While the major support remains intact at 7.49, any close above the 8.36 can indicate that the next leg of the rally could go up to the 9.46 level. Checking on the daily technical indicators, MACD is rising above the signal line in postive territory and RSI is constructing higher lows and higher highs, both suggesting further upside. Stay tuned.

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FuelCell Energy Inc (NASDAQ:FCEL) is a stock that could head higher from Wednesday's close. FCEL is in the process of bottoming and I expect a pop above $5.50 very soon. The option traders were active in this name buying a lot of calls (Nov $6). A breakout over $5.50 with strong volume would send this flying.

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Tokai Pharmaceuticals Inc (NASDAQ:TKAI) Today I am giving readers a stock that I have alerted in the past and had several times double digit gains in just one day. I rarely alert the same play more than once in a short period of time but TKAI is set up so perfectly that I cant resist. As you could see by the daily technical chart above, the stock has the potential to witness a significant uptick. In the short-term, it seems to be forming a bull flag pattern after a nice rally. Breaking above 1.60 will signal the breakout of this flag formation pushing the stock towards 1.85. With a break of this key resistance point, the chart then enters into blue sky breakout territory (BIG GAP) and future resistances are not until way above. Be sure to get it on your radars. Im long and my stop is located at 1.24

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) was added to my watchlist as a potential breakout-play. The stock had a very productive day as we saw gains of nearly 8% on volume above average and I believe it has more room to run. Nearest resistance for the stock is at $6.12. If this level is crossed and the stock is able to sustain above this level, then it might go to 6.65-6.76. Let's keep an eye on it as i think momentum will pick up. Stop 5.38

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FireEye Inc (NASDAQ:FEYE) showed buying strength all day. The stock is on the verge of breaking out and it could happen very soon. MACD and RSI all point to upward trend. Added this stock today.

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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

Thanks for visiting AC Investor Blog.

AC

Labels: BBRY, FCEL, FEYE, TKAI, ZIOP

22:24 | Permalink |

My Watchlist for the week of September 26th

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Apple Inc. (NASDAQ:AAPL) has been consolidating its big run from 102.53 to 116.18 earlier this month in a bull-flag formation. This is a bullish trend continuation chart pattern, indicating the continuation of an existing bullish trend after a small pause. The 110 area seems to be a strong support, so as long as AAPL stays above that point there could be more upside ahead. If it does rally, I would look for it to at least rise back up to Nov 2015 highs around the $121 level. On the flipside, if it falls below the 110 level, then there could be some trouble for investors as the stock may then come down to $105 in short-term. But for now, technically the bullish case is intact.

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Chiasma Inc (NASDAQ:CHMA) broke out of its significant intermediate-term resistance and surged considerably higher amidst impressive buying pressure on Friday. I'm going to keep an eye on it and see how it reacts next week. The outlook is now positive and a move to 3.7-3.90 appears likely. Stop-loss 2.5. Friday’s high of $2.98 is resistance for the next upside move. If the stock can break through this level, we should see a strong move. CHMA can be a good trading stock, so keep it on your radar for the next few days. On the technical side, indicators are sending bullish signals. The MACD is above the signal line and the RSI & Slow stochastic are bothrising above their 50% levels. Plus, the ADX is turning up form oversold lows. Moreover, the company has a strong cash position, nearly $4.50 per share or $115.6 million (as of June 30, 2016). Watch for a break of 2.98 to continue the uptrend.

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IntelliPharmaCeutics Intl Inc (NASDAQ:IPCI) finally broke out of a consolidation pattern last week accompanied by strong volume amid rumors of a potential takeover bid. Thursday’s high was $2.34, which is resistance for the follow through move next week. If the stock does break resistance, expect to see another strong upside move. The trend is bullish as the stock is now on top of its major EMAs. So, keep an eye on her.

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The potential rally in Tokai Pharmaceuticals Inc (NASDAQ:TKAI) shares was something that I tweeted several times in the past sessions. If you were following my twitter account you would have gotten the tweets when the stock was trading around the 1.30/35 cents. It ended Friday at $1.68 gaining more than 34% in the past week on massive volume. If you jumped in and booked your profits, congratulations. As i said on twitter, I still holding my shares because i do think it could reach the $2 price level or more in the coming sessions. The volume speaks for itself. Last week all dips were bought aggressively.

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FORM Holdings Corp. (NASDAQ:FH) shorts are about to get squeezed here. Looking at the daily technical chart, this stock seems to be forming a large ascending triangle with resistance at 2.80. I suggest keeping an eye on this pattern formation, the breakout should happen relatively soon and the target price is 4.40. If momentum continues as I expect next week, I believe there are lot of profits left on the table for traders to capitalize on.

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WidePoint Corporation (NYSEMKT:WYY) made a strong upside reversal on Friday in the last hour of trading. We should be able to see some decent upside movement for the bulls here. A positive MACD cross has occurred and RSI is moving up strongly. Expect an initial run up to 59c with a break higher moving to the 65c zone. It has a good base at 38c which can be used as a stop loss for long position.

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Twitter Inc (NYSE:TWTR) shorts were squeezed Friday as the stock gained over 21% on Buyout Rumors. The price finally broke and closed above the 21 price level. Let's see what Monday brings. From a technical standpoint, pullbacks to 21 are buyable.

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Novavax, Inc. (NASDAQ:NVAX) has bounced over 100% from its recent lows. More importantly the bounce has been supported by the insider activity. Watch for a break of 2.41 to continue the short-term uptrend. Use tight stops here.

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: AAPL, CHMA, FH, IPCI, NVAX, TKAI, TWTR, WYY

19:02 | Permalink |

My Watchlist for Friday, September 23

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Affimed NV (NASDAQ:AFMD) should be on your watch screen. Early this month stock broke out above the 50-day EMA on high volume and has been consolidating above that since then. It was indecisive today, closing the day at $3 but the volume was huge, which make me think that another breakout could be seen in the near term. The bias remains neutral in nearest term as price still trapped in range area of $2.86-$3.20 as you can see on my daily chart above. I feel there is a bigger move coming, which is why I will be watching the stock again on Friday.

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Adverum Biotechnologies Inc (NASDAQ:ADVM) The bulls are still facing a resistance at the declining 100-day EMA but I suspect the stock is about to break out higher. I wouldn't be surprised to see the stock test the $4.80 area at some point over the next few days. I really like this chart and expect to see another upside move soon.

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I keep watching FORM Holdings Corp. (NASDAQ:FH), waiting for this stock to break out of its Bullish consolidation. Go long on a close above 2.72

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Tokai Pharmaceuticals Inc (NASDAQ:TKAI) was one of the better picks today and I am looking for the stock to continue this move. The next resistance level beyond today's high is the declining 50-day EMA at 2.07. On watch.

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Ocwen Financial Corp (NYSE:OCN) is currently testing its horizontal resistance area around the 3.72 level. An upside breakout above this level could be the start of a new uptrend for this stock.

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: ADVM, AFMD, FH, OCN, TKAI

22:34 | Permalink |

Here's my watchlist for the week ahead

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Fitbit Inc (NYSE:FIT) An intraday close above horizontal resistance $16 would bring expectations of a spike higher towards $18 followed by $18.85 (April highs). From a technical standpoint, indicators are looking bullish. MACD crossed back above signal line and is moving up in positive territory. AD is also rising and RSI has moved above its 60% level. The stock is a short squeeze candidate, with a short float at 38% equivalent to 7 days of average volume.

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FORM Holdings Corp. (NASDAQ:FH) I alerted this one on Twitter/blog last week as a potential mover and the stock did what it was supposed to do, closing yesterday above the 200-day EMA for the first time in months. Price showed a lot of strength in afternoon trading, moving steadily higher toward the closing bell and should continue this upside move next week. The stock hit a high of $2.71, which is resistance for Monday’s move. I expect to see another strong upside move to $3 and better in the coming sessions.

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Tokai Pharmaceuticals Inc (NASDAQ:TKAI)This is one you should keep your eyes on for the next couple of days. My system detected unusual call buying in the Oct/Nov 5 and 7.5 calls respectively last Thursday. On September 8th, the company announced that its Board of Directors has initiated a review of strategic alternatives for the company focused on maximizing stockholder value. So, i believe that someone might already know something and is betting on a strong move higher. The stock is very close to resistance, above the resistance line is bullish. The Accumulation line also spiked with price action which could act as a near-term catalyst as well. For the reasons mentioned above, i started a position.

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AK Steel Holding Corporation (NYSE:AKS) In the last week, I have been mentioning that support for stock should hold in the range of 3.9 to 4. Notably, the stock held up very well this area, relative to many of its peers. With the support holding well inside 3.90 ranges, my outlook stays exactly what it has been for past 4 days. Afterthe tumble the stock has taken since the July Highs, AKS is certainly starting to look cheap and a bounce could occur from here. On the upside the critical resistance is 4.35 and a break over that will support the above mentioned view. On the flipside any break below 4 should bring further consolidation. Watch the stock closely next week.

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Minerva Neurosciences Inc (NASDAQ:NERV) closed at 14.31 on Friday, reconfirming the new uptrend after the recent break of the 13.75 resistance level. Because of this, I feel that this stock is ready to go towards its next target of $15.84 level (52-wk high). From the daily technical chart we can see that the stock is on a bull market as it is trading above all EMAs and MACD is above Zero line.

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Revance Therapeutics Inc (NASDAQ:RVNC) had a strong day on Friday and broke through its 50 and 100 EMAs. The volume confirmed the breakout as it was greater than average. The stock might fill the gap next week.

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SCYNEXIS Inc (NASDAQ:SCYX) good relative strength compared to the market on Friday. Key resistance is located at $3.35, a break above this level will confirm a new bullish trend and the following uptrend will take price up to $3.75 zone. The RSI is moving higher again, which is a sign of growing strength in the stock. I think its worth adding to your watchlist.

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: AKS, FH, FIT, NERV, RVNC, SCYX, TKAI

11:43 | Permalink |

AC Investor Blog

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

Saturday, November 26, 2016

My Watchlist for Monday, November 28

Saturday, October 15, 2016

My Watchlist for Monday, October 17

Tuesday, October 11, 2016

My Watchlist for Wednesday, October 12

Sunday, October 09, 2016

My Watchlist for Monday, October 10

Saturday, October 01, 2016

My Watchlist for the first week of October

Wednesday, September 28, 2016

My Watchlist for Thursday, September 29

Saturday, September 24, 2016

My Watchlist for the week of September 26th

Thursday, September 22, 2016

My Watchlist for Friday, September 23

Saturday, September 17, 2016

Here's my watchlist for the week ahead

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