AC Investor Blog

Top stock picks for next week

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Facebook Inc (NASDAQ:FB) The stock closed Friday slightly above the 50-day exponential moving average with a shooting star candle (correction is likely) on the daily. From a technical perspective, the technical indicators are beginning to look bullish. The MACD indicator is rising above its signal line, but remains in negative territory. The RSI crossed above the 50 mark and CMF still positive. Let's see what Monday brings.

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Research In Motion Ltd (NASDAQ:BBRY) This technical chart looks bullish and definitely is confirming my bullish sentiment. The stock closed the week above all moving averages, indicating more buying ahead. Daily technical indicators also are turning bullish, which means a test of the recent top at 16.82 is a possibility. The MACD is rising above its signal line and about to enter positive territory. In additon, the RSI has moved above the 50 mark and ADX shows a bullish signal.

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Tellabs, Inc. (NASDAQ:TLAB) looks to have bottomed. Closed above the 20EMA on high volume. Bullish MACD crossover and OBV is rising. The 50-day EMA sits at $2.06 and the 200-day EMA is at $2.26. A lot of room to go higher. This stock should be on your watchlist next week.

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FormFactor, Inc. (NASDAQ:FORM) Good upside volume on the daily chart. Technical indicators turning bullish. Looks like it is getting ready for a breakout soon.

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Avis Budget Group Inc. (NASDAQ:CAR) Starting to look strong again. Next buy area when clears the 29.73 level on heavy volume.

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PulteGroup, Inc. (NYSE:PHM) Watch this one as it approaches this resistance area. All technical indicators are bullish. The MACD has crossed above its signal and reversed its falling trend. RSI is moving up and Slow stochastic has entered its overbought zone.

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: BBRY, CAR, FB, FORM, PHM, TLAB

23:41 | Permalink |

Stocks to Watch for April 25, 2013

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In line with my anticipation, NVIDIA Corporation (NASDAQ:NVDA) confirmed today the reversal when it broke out above the $13.23 level. The stock price is now riding on an upward movement and trading above all three EMAs, with the 50-day EMA about to cross above the 200-day EMA. The technical indicators are looking bullish. The MACD is positive and above its rising signal line. Both the RSI and slow stochastic are above their 50% levels. Technically, my model remains long, targeting $14.

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Merck & Co., Inc. (NYSE:MRK) tagged a new high but closed poorly. Shareholders may remain invested with a stop-loss at $46.40

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Research In Motion Ltd (NASDAQ:BBRY) surged for the fourth straight day by adding 3.98% or 57 cents to $14.9 per share. Momentum indicators are bullish now with RSI inching away above the middle level and with MACD crossing above signal line. Price is expected to at least rally the next resistance at $16 and even go higher to test the next resistance level at $17.22. I'm really bullish on this stock.

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After consolidating sideways the last few weeks with an upward bias, the stock broke out upwards today, accompanied by a volume surge. Looks good for higher prices.

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As expected Tellabs, Inc. (NASDAQ:TLAB) found support near 1.92. This coincides with the November lows. In the short term, we could argue the stock has produced a bullish double bottom, but we need to see a rebound from these lows. A close over 2 might suggest the stock has found a bottom.

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I believe shares of MBIA Inc. (NYSE:MBI) have room for a significant uptick beyond these levels. The stock price crossed above the 50-day EMA today giving a buy signal and an indication that the stock may have finally reached its bottom. The technical indicators are looking mildly bullish. RSI is moving up and the MACD has a bullish crossover. Let's keep an eye on it.

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: BBRY, FSLR, MBI, MRK, NVDA, TLAB

23:19 | Permalink |

Stocks to Watch for April 9, 2013

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VirnetX Holding Corporation (NYSEAMEX:VHC) displayed some impressive relative strength with a 15.5% gain. The stock is starting to turn back up and indicators are giving the first bullish signs. If the stock can break through the $20 level, there is a strong chance VHC can run back to the $21.6-22 range. On the downside, a break below $17.82 would be your first sign of weakness. Keep on watch.

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Rambus Inc. (NASDAQ:RMBS) broke through resistance on Friday and was able to sustain this move today. The stock hit a high of $6.03, which is resistance for Tuesday’s move. If RMBS can break through resistance, we should see a nice follow through move.

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Monster Beverage Corp (NASDAQ:MNST) broke above the strong horizontal resistance of $51.09 to close at $52.01. Further rally could be seen to retest $54 medium term resistance. As long as the stock stay above $48.5 area, the short-term bullish scenario still intact.

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Shares of FormFactor, Inc. (NASDAQ:FORM) rose 21 cents, or 4.78%, in Monday's session, closing at $4.60. The technical daily chart shows the stock bounced back as RSI indicator was at oversold level. In adidition, the stochastics is showing a bottom and rebound is likely going to happen. Let's keep an eye on FORM as i think momentum will pick up.

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Tellabs, Inc. (NASDAQ:TLAB) presents a potential bounce play. Shares are trading below book value, which is about $3 per share and cash levels 2.24. I think we can see a nice bounce here.

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Bank of America Corp (NYSE:BAC) Nice bullish candlestick today. Looks like the stock wants to break this horizontal resistance line and back above the 20-day SMA.

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: BAC, FORM, MNST, RMBS, TLAB, VHC

22:22 | Permalink |

Thursday March 7th watchlist

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Research In Motion Ltd (NASDAQ:BBRY) is quietly gaining momentum. If the stock can manage a breakout above its 50-day SMA on high volume, it would be a great buying opportunity but only on a breakout. Keep it on your watch list going forward.

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Astex Pharmaceuticals, Inc. (NASDAQ:ASTX) High volume Breakout from a Cup and Handle formation. Momentum picking up with MACD climbing and RSI rising. Try to buy on a pullback.

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Amazon.com, Inc. (NASDAQ:AMZN) the technical chart is painting a bullish picture. All the MA's moving up and providing support.

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TD Ameritrade Holding Corp. (NYSE:AMTD) That's a good looking chart. It's a buy on a break of 20.3 with solid volume. Stop 18.35

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The stock is finally starting to break out. Tellabs, Inc. (NASDAQ:TLAB) hit bottom in the low $2's and has started to work its way higher. The 50-day SMA sits at $2.21 and the 200-day SMA is at $2.32. MACD crossover today and should support higher prices on stock in short term. This stock deserves watching going forward.

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Bears have pushed the stock down from the top of the trading range to the bottom again in a hurry. We are at oversold conditions on Stochastics. Although the recent downward move has been impressive, we still remain trapped within a multi-month trading range. On a fundamental basis the stock looks to be undervalued. Shares of AXT Inc (NASDAQ:AXTI) trade at a trailing P/E of 15x with a PEG of just 0.65x, which indicate that the stock is undervalued. This company has no debt and about $46 million of cash, so they have about $1.42 a share in cash. Analysts are bullish on stock. B. Riley recommends adding to AXT Inc positions following the solid Q4 report. Shares are Buy rated with a $4.60 price target, up from $4. In addition, the company recently announced a program authorizing the repurchase of up to $6 million of the Company's common stock. I like this company and have been adding.

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The chart of VirnetX Holding Corporation (NYSEAMEX:VHC) is still looking interesting as it continues to trade within an ascending triangle pattern with resistance at 36.25. That resistance level is the area to watch closely and close above with volume is a strong buy signal.

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: AMTD, AMZN, ASTX, AXTI, BBRY, TLAB, VHC

22:37 | Permalink |

Wednesday March 6th watchlist

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Qihoo 360 Technology Co Ltd (NYSE:QIHU) set a new all time high on big volume coming out of a consolidation. This is generally the perfect set-up for buying stocks. I will be watching the stock tomorrow, looking for a follow through move. As long as the stock stay above $31.03, the bullish scenario still intact. Technical chart shows very strong bullish sign. First of all, the stock is trading above both 50-day and 200-day moving average with both pointing upwards. Then, the MACD indicator crossed above its signal line also indicating a buy. In addition, RSI still show the stock is on the positive swing. Keep a close eye on the stock for the follow through move on Wednesday.

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Tellabs, Inc. (NASDAQ:TLAB) has just broke a Falling Wedge Pattern, which is usually bullish. The next level to the upside is the 2.21 area and we'll just have to wait and see if we get there. Short-term sentiment has turn bullish.

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NVIDIA Corporation (NASDAQ:NVDA) The technical chart above is showing bullish bias. MACD is indicating that the current short term price trend is very bullish. In addition, the CMF is increasing, indicating accumulation of shares in the market. I'm still maintaining the buy rating on NVDA as the technical chart still shows very bullish sign as 20-day moving average is on top over 50-day moving average with MACD above 0.

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The Goldfield Corporation (NYSEAMEX:GV) Nice jump out of the bull flag today. Worth watching long above 4.19

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First Industrial Realty Trust, Inc. (NYSE:FR) About to break out up into new highs once again. Keep an eye for a possible breakout over $16.68

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: FR, GV, NVDA, QIHU, TLAB

22:27 | Permalink |

Thursday November 29th watchlist

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Shares of Sodastream International Ltd (NASDAQ:SODA) made a solid 5% rally on today's trading session breaking out the downtrend line that has formed since August on heavy volume. The uptrend is strong based upon the MACD reading and the accumulation/distribution indicator marked an increase in accumulation. SODA is a short squeeze candidate, it has huge short interest nearly 57% of the 17.43 million-share float. Look for a quick run to $40 then on to $42

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I'm going to keep an eye again on InterDigital, Inc.(NASDAQ:IDCC) and see how it reacts tomorrow after today's gains. Technical chart shows a nice bullish stochastic cross combined with a nice bounce off the 20-day MA. In addition, the accumulation chart looking great. The next resistance level to watch is at 42. Above this level could test 43.08 next.

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I really like Celestica Inc. (NYSE:CLS) fundamentals. The company has a clean balance sheet with a current ratio of 1.91, zero debt and with 3.21 cash per share. It has a forward PE of 9, and a Price to sales ratio of 0.20. The company is also using $175M to buy back shares. From a technical standpoint, the chart looks really positive as 20-day moving average has just crossed on top of 50-day moving average. In addition, with MACD on top of zero/rising and KD at high level CLS should kept going for now.

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Tellabs, Inc. (NASDAQ:TLAB) broke out & never stopped all day. There is a good chance the stock will continue to move up.

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Zynga Inc (NASDAQ:ZNGA) closed strong above the 50-day MA for the first time since April. This momentum could push this stock much higher from here. Next resistance is now seen at $2.62 then 2.78.

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: CLS, IDCC, SODA, TLAB, ZNGA

22:49 | Permalink |

Some setups to watch in the week ahead

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The trading week was very good for Zynga Inc (NASDAQ:ZNGA) compared to the situation of the stock 2 weeks ago. A new higher low was formed this week and a very good rally started on Wednesday which gave the stock a 12% boost in just two days. This move was accompanied by higher volume compared with the volume the previous week, but not sufficient enough to hold upward momentum today. Technical indicators on chart are showing us mixed signs. Bullish signs coming from Stochastics and MACD, while bearish signs coming from the RSI. At this point, the technical levels to watch for an entry point will be either $2.52 level or if the stock goes lower, $2.25 will be another attractive level to accumulate.

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Shares of Lattice Semiconductor (NASDAQ:LSCC), rose 4.65% to $4.05 per share. The stock cleared the downtrend channel of the recent leg down. Also, last candle is pretty bullish. LSCC is now back to positive trend as it is now back above 50-DMA. The MACD is also looking very good with a possibility of a cross above the signal line and with KD rising the stock could be heading for a new rally. The next key resistance level to watch is at 4.16. Above this level could test 4.5 next.

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Visa Inc (NYSE:V) had a remarkable rally this week with solid volume. The stock didn't only bounce from support near its 50-dma, but was also able to create a new 52-week high. The RSI is again near the overbought level, so for the coming week I expect a possible sideway movement.

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Nice runner from the buy list yesterday. Looks like the 20-day MA acted as support for the stock, as it was able to bounce from the downward movement. Green Dot Corporation (NYSE:GDOT) closed the week with a strong white candle. For next week the upward movement may continue. A move above $12 could spark a nice short-squeeze.

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Tellabs, Inc. (NASDAQ:TLAB) is capable of mounting a nice run in the weeks ahead. The company will commence its share repurchase program on Monday. From a technical standpoint the stock seems to have reversed from its downtrend and could be starting an uptrend. With the MACD turning up and above its signal line, this stock could post a nice rally from current levels.

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Baxter International Inc. (NYSE:BAX) broke out from a small ascending triangle with resistance at 66.88. Target price is at 69.8. Long setup, but watch out if price fall back in the triangle.

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InterDigital, Inc. (NASDAQ:IDCC) chart looks very good. Accumulation continues to trend higher despite recent pullback. Looks ready to test the recent highs. Next resistance level to watch 43.08

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: BAX, GDOT, IDCC, LSCC, TLAB, V, ZNGA

21:25 | Permalink |

Stocks To Watch For November 21, 2012

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GameStop Corp. (NYSE:GME) A big winner over the past few months but it looks like GME wants to continue higher as it breaks to new highs with an increase in volume over the past few days. Support at $25.

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Host Hotels and Resorts Inc (NYSE:HST) After getting punished lower in the past two months, the stock has been stabilizing and starting to build optimism. 14.50 is pretty much the pivot here. If that breaks, we could see 15 quickly.

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Regions Financial Corporation (NYSE:RF) Price broke a downtrenline on the daily chart and closed above its 200-DMA on volume uptrend. Looks like more upside on the way.

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Not a fan of China stocks, but Cleantech Solutions International Inc (NASDAQ:CLNT) could be setting up for a run to $5. Some serious upside volume coming into CLNT over the last few days. Short-term $4 should act as support from here but a drop back to the low $3.45’s is still a risk in this volatile stock, so tight stops should be used for any long trades.

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Tellabs, Inc. (NASDAQ:TLAB) saw its shares surged almost 2.25% to $2.78 per share today after the company said in a statement it would actively repurchase as much as $224.6 million worth of its stock ( 22.5% float ) to win back shareholders’ favor. From a technical standpoint the stock broke the down trendline and it poised to retest the 2.9 level. A close above this level will be bullish. Beyond that, chart shows a bullish MACD crossover which indicate we have some more room to the upside.

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: CLNT, GME, HST, RF, TLAB

22:37 | Permalink |

Stocks Watchlist For Wednesday, October 17

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OmniVision Technologies, Inc. (NASDAQ:OVTI) Congratulations to all of you that took advantage of this pick. Patience is a Virtue ;) Tomorrow, we should see a follow-through towards a test of key resistance at 15.

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Ford Motor Company (NYSE:F) broke through resistance and out of a small flag formation. Looks good to go here. Resistance is $10.82, which reflects its 200-day sma. Once the stock breaks resistance, I expect to see the buyer push the stock higher.

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Today First Solar, Inc. (NASDAQ:FSLR) broke and closed above its 200 day moving average with high volume. Short-term technical indicators are improving and the MACD on the daily chart produced a new buy signal. If the stock can break Tuesday’s high, we should see a strong follow through move. FSLR will move very quickly, so keep a very close eye on the stock.

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Kodiak Oil & Gas Corp (NYSE:KOG) Breaking out to the upside from its recent consolidation. I expect to see a continuation move tomorrow. Next resistance lies at $9.92

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Tellabs, Inc. (NASDAQ:TLAB) has had a rough time over the past weeks, but today’s bounce could be the first move to recovery. I'm using $2.48 as resistance for this upside move. If the stock can break through this level, we should see a reversal of this down trend. Stay tuned !

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: F, FSLR, KOG, OVTI, TLAB

22:47 | Permalink |

AC Investor Blog

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

Friday, April 26, 2013

Top stock picks for next week

Wednesday, April 24, 2013

Stocks to Watch for April 25, 2013

Monday, April 08, 2013

Stocks to Watch for April 9, 2013

Wednesday, March 06, 2013

Thursday March 7th watchlist

Tuesday, March 05, 2013

Wednesday March 6th watchlist

Wednesday, November 28, 2012

Thursday November 29th watchlist

Friday, November 23, 2012

Some setups to watch in the week ahead

Tuesday, November 20, 2012

Stocks To Watch For November 21, 2012

Tuesday, October 16, 2012

Stocks Watchlist For Wednesday, October 17

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