AC Investor Blog

Stocks to Watch for November 11, 2019

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Tilray Inc (NASDAQ:TLRY) on watch for a quick reversal. It has been holding this small trading range for the last sessions and I feel the next move will be higher. Go long on the break of Friday’s high at 24.10 The momentum in the short-term remains bullish, with MACD trending upwards above its signal line. Long setup on watch.

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Cronos Group Inc (NASDAQ:CRON) another potential reversal play. The stock is reversing off lows and is seeing strong buying volume. We could see a follow-through day on Monday with the stock now trading above all short-term major exponential moving averages. The next clear point of resistance is $9.37

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Taronis Technologies Inc (NASDAQ:TRNX) is a stock I tweeted about last week as one to watch for a potential reversal as well as one that has been on my low float bottom scan. On Friday, that reversal came to fruition to the tune of an 14.29% gain for the stock. Congratulations to all that profited on this stock and its big move. There is no reason the upward trend will not to continue. In fact, there are several reasons on chart signaling that the uptrend could accelerate this upcoming week.

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Ocean Power Technologies Inc (NASDAQ:OPTT) On my fireworks list for next week. The stock is right near its bottom and I think we could see a strong reversal over the coming days. Company will host a Commercial Update webcast and conference call on Thursday, November 14 at 11:00 a.m. EST. The presentation will include details of OPT’s recently announced sale of a PB3 PowerBuoy to Enel Green Power Chile, as well as updates on current projects, the products and services pipeline, and a review of new product innovations.

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I like Plus Therapeutics Inc (NASDAQ:PSTV) for a reversal. Chart looks to be making a turn here. This $2.55 stock will have its day sometime in the near future. In my view, is a great bottom play.

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Precipio Inc (NASDAQ:PRPO) is a stock I think deserves some watching over the coming sessions for a potential reversal. Another stock whose pattern is looking quite good here for higher prices. Looks to be setting up for an upside move, as the stock has held up well the past few sessions. Breakout watch above 2.50

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: CRON, OPTT, PRPO, PSTV, TLRY, TRNX

17:40 | Permalink |

Chart setups to keep an eye on next week

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Rewalk Robotics Ltd (NASDAQ: RWLK) is back in play. The stock was one of the winners on Friday, as the stock closed up $1.58 or 30.1% on the day. If the stock can break Friday’s high of $7.10, we should see a continuation move.

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Jaguar Health Inc (NASDAQ: JAGX) was added to my watchlist as a possible bottom bounce-play for next week. Fresh R/S play hitting extreme oversold conditions. Just 1M shares float right now. I took a small position but will increase on the break of 7.50 R/S plays are very HOT and the momentum here will start sooner or later. Timing is everything on these stocks.

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Auris Medical Holding Ltd (NASDAQ: EARS) is another R/S play that I am watching closely. If it clears resistance at $3.13 on volume, the move may be powerful.

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Novus Therapeutics Inc (NASDAQ: NVUS) i still holding. Big catalyst next week and a potential double bottom pattern on daily $2.5 is the first short-term target on a bounce. Crazy Friday after-hours trading basically on no news. Please read the meaning: SEC Form S-1 Definition

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Tilray Inc (NASDAQ: TLRY) has had a rough time over the past months, but Friday’s bounce could be the first move to recovery. Short-term indicators are starting to line up. The chart suggests that stock might find now resistance at $41.77 (declining EMA20). Only a close above this level would suggest further upside.

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Alibaba Group (NYSE: BABA) showing signs of bounce coming MACD cross. It is on the verge of breaking out and it could happen very soon. At this stage it is definitely a wait and see if the resistance will be easily taken out by the bulls $156.11 break out watch.

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Blackberry (NYSE: BB) could be in the early stages of a technical breakout. Daily Momentum indicators are showing bullish signals supported by rising MACD and RSI on charts. The major resistance level for stock is located at $8.12 A close above would be very bullish. Keep it on your watch list going forward.

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Another great trading week for Workhorse Group Inc (NASDAQ: WKHS), however the buying pressure appears to have eased (see decreasing buying volume). Anyway, If the money continues to flow into this stock next week, you could expect more gains. Play it with tight stops.

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: BABA, BB, EARS, JAGX, NVUS, RWLK, TLRY, WKHS

22:31 | Permalink |

12 Technical Setups for the coming week

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In the past few days we have noticed that the stock price of Aphria Inc (NYSE: APHA) has been on a consistent bullish uptick in market valuation. Moreover, along with the market valuation the technical key daily indicators MACD, RSI and A/D have been bullish, rising for the past several days. Additionally, the stock past a key resistance level of 9.45. It is overbought but volume and money flow still building. So, keep watching APHA trade and watch for potential continuation of its recent upward move next week.

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I have Tilray Inc (NASDAQ: TLRY) on my watchlist. It may be ready to break out of this small consolidation. Bullish MACD cross on daily. Potential swing long above 84

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New Age Beverages Corp (NASDAQ: NBEV) Good pattern and accumulation, but I need to see further upside confirmation before adding a new long position. The good side of this stock technically is that MACD is still rising above the 0 line and RSI above its 50% level, so this stock is still bullish for now even if it is still consolidating. Keep an eye for a possible breakout over 7.62 next week to see further gains.

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Nio Inc (NYSE: NIO) displayed some impressive relative strength last week. A break of $8.3 with force might give the stock room to $10. MACD and A/D both signal positive strength and accumulation. The stock is trading above all major EMAs, also a bullish sign. A lot of eyes are on this stock right now, so make sure this is on your radar screens. Squeeze seems imminent.

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Onconova Therapeutics Inc (NASDAQ: ONTX) was another winner for my readers/twitter followers last week. The stock might face a period of sideways action here while it consolidates the gains booked in the last trading sessions.

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Naked Brand Group Ltd (NASDAQ: NAKD) has started to see some activity after a long period of hybernation. The stock broke the downtrend line last week and it gives a signal that the stock can move upward. Momentum indicators are also supporting the trend reversal. RSI is heading higher from oversold levels and MACD is showing signs of turning up finally. That could generate a lot of additional interest from other traders scanning for bottom plays that could be become solid gainers. Money flow into the stock has been very nice over the past trading sessions. NAKD Could be a BIG Runner, so watch it closely next week. If it breaks next pivot point at 93c can easily run to next target at 1.45 followed by 2.12. I entered long on Friday.

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Inpixon (NASDAQ: INPX) everybody knows that I'm a patient investor. This spec play is basing constructively above the $2 level. The real fireworks should begin if price can break above the $2.29 area. As long as the stock can remain above $2, I like the stock. The MACD line is starting to curl upward, which should eventually lead to price increases. Could be a high flyer on breakout. Keep on watch list. Note: The recent offering was oversubscribed at $3.33

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Ameri Holdings Inc (NASDAQ: AMRH) could be on the verge of making a strong move upwards. Stock closed 12.83% higher to 26c after basing over 1 month. Friday's rally was driven on higher-than-average-volume and positive money flow. MACD indicators are moving higher and on the verge of crossing the power zone. A break of 30c with force might give the stock room to 54c.

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Rewalk Robotics Ltd (NASDAQ: RWLK) was able to break through the 31c resistance level last week and sustained the move. I still holding my shares since 18c and will play the fill of the gap.

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VMware (NYSE: VMW) Keep an eye on this one, looks poised to break out and run higher.

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Infinera Corp. (NASDAQ: INFN) had a nice breakout with a pop of 76c to 5.16 or 17.27% on 7.5M shares, the biggest volume in a couple weeks. The heavy buying makes this an interesting situation and one worth watching on Monday. Nice gap here to fill.

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Axsome Therapeutics Inc (NASDAQ: AXSM) hit a new 52 week high and closed above resistance. As long as the stock stays above the $9 level it is still safe to hold on to your positions.

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: AMRH, APHA, AXSM, INFN, INPX, NAKD, NBEV, NIO, ONTX, RWLK, TLRY, VMW

20:39 | Permalink |

Here are some technical charts to watch next week

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Marinus Pharmaceuticals Inc (NASDAQ: MRNS) broke through that critical 8.25 level yesterday on heavy volume. There is a high probability for a trend continuation in the next sessions, as the stock could test the next key resistance level in the 9.5 area.

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TOP SHIPS Inc (NASDAQ: TOPS) broke and closed above its declining EMA50 for the first time in months accompanied by high volume. I expect a continuation of the rally's momentum next week, targeting the 1.5 level. If a new breakout occurs, next resistance is in the 1.87 area, my target (alerted on twitter around the 97c level last week as a potential bottom play).

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Shares of DryShips Inc. (NASDAQ: DRYS) are starting to heat up again and are worth watching. The stock broke out last week of a large descending channel formation. This technical move is very significant and could be marking a new trend higher that is still in the early stages of development. I expect continuation of current momentum in the next few trading days toward the 6-6.25 area.

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Second Sight Medical Products Inc (NASDAQ: EYES) Good looking technical chart and insiders are buying a lot of shares at current levels. They must know something positive about the company. Keep it on watch. Im accumulating on any dip.

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CTI BioPharma Corp (NASDAQ: CTIC) is a stock that deserves some attention over the coming sessions, for a potential reversal. I see CTIC on verge of breaking up out of this small compression. My daily indicators have signaled buy with bullish divergences, thus we can expect stock to get above the 2.16 level sometime next week. Plus, unusual call swepers were detected last week.

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The possible reversal move in Oragenics Inc (NYSEAMERICAN: OGEN) shares was something that I tweeted last week before the crowd. If you were following my twitter account you would have gotten the tweet when the stock was trading around 45c. It ended the session on Friday at $.72, gaining nearly 46%. If you jumped in and booked your profits, congratulations! I sold just half of my position to protect some profits (i'm just managing the risk) because of the data that will be published on Monday. Note: Technically the stock looks really bullish now.

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Tilray stock (NASDAQ: TLRY) continued to cool off Friday after a massive short squeeze on Wednesday, that for sure, cleared out a lot of shorts positions. The pullback was to be expected after the massive rally, but the price needs to hold now above the key $120 level for the bullish sentiment to persist. If it fails to hold above that level, it could then fall to $97. I continue to see the hourly chart as one of the best time-frames to follow this stock.

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Sounds like BlackBerry Ltd (NYSE: BB) is gaining some momentum again. The stock has made a strong bounce off of the recent lows that were posted earlier in the month with high volume. The technical daily chart shows possible new rally as MACD fast line is back above MACD slow line, while the RSI is also gaining strength. If a proper breakout happens at 10.45 we can see a short-term target of $11.04 Note: Earnings on Friday Before the openning bell. Im a long term investor in this one. My price average remains at 8.85

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Advanced Micro Devices, Inc. (NASDAQ: AMD) At this point, nobody can predict if this is the start of a major correction or just a pause before the previous price action resumes. MACD is flashing a sell signal but the stock continues holding nicely the $30 mark. As long as it stays above this key support level, it confirms that the bulls are in control.

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The above technical daily chart shows that Rambus Inc. (NASDAQ: RMBS) is all set to break out of this large falling wedge anytime next month. Short-term technical indicators are improving and the MACD on the daily chart is about to cross up. I'm a buyer of RMBS once it breaks $11.5 for a possible breakout move. RMBS could have good upside potential, so watch the stock closely 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: AMD, BB, CTIC, DRYS, EYES, MRNS, OGEN, RMBS, TLRY, TOPS

12:52 | Permalink |

Technical Setups for the Week of September 17, 2018

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Nio Inc - ADR (NYSE: NIO) China's NIO, one of the many electric-car startups looking to become the next Tesla couldn't have wished for a better time to have such a fantastic start. The stock closed the week with a gain of nearly 55% since the first day of trading. The stock pulled back around 15% on Friday, however it's still trading heavy volume and is dificult to predict the next direction in the short-term. Above you can see the 15m chart with the technical pivot points. If the $9 level holds on we can see a huge rally to the next possible demand zone. So, lets wait and see what the stock does in the coming days.

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Tilray Inc (NASDAQ: TLRY) also continued its heavy action last week. The question will remain can it continues to perform? The stock found strong support near its trend-line on the hourly chart as it should have, and thus, this is clear an encouraging sign for a rebound from these levels, so play carefully with stops under it.

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Tesla Inc (NASDAQ: TSLA) is in breakout mode after working its way off its 4-month lows, and I expect continuation of the current trend in the coming days. MACD is also supporting up trend movement. Positive signals from RSI as well. Next resistance area is the 310-315 range, which is also my first trading target.

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Onconova Therapeutics Inc (NASDAQ: ONTX) a stock I brought you this past weekend is just starting to move off its bottom. It jumped 7.91% Friday on volume triple than the average, crossing the 100-day exponential moving average and breaking key resistance at $.50. These signs show high probability for continuation of current momentum. My short-term target range for ONTX is between $.60 and $.63 (As i tweeted, I went long at 48c)

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My Size Inc (NASDAQ: MYSZ) My bottom scans, specifically on small caps are not a perfect science but usually works. What they do offer are small cap stocks that potentially are poised to rally off their lows. As you know, some of them continue to fall even in extreme oversold conditions, while others can and have rallied sharply the next days. MYSZ was a good example, it did not rally the day after it came up on my scan (July 24th on a blog post), but it did offer those who didnt know about the company a chance to look at the stock chart and see if they want to trade it for a recovery rally. Those that did in July are up some 80% :) Patience paid off.

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Fortress Biotech (NASDAQ: FBIO) Is this a double bottom? That is the risk, it could fall further, but the positive divergences in the key technical indicators are suggesting a short covering rally at any time. I wouldn't be surprised if this stock popped 15-20% in one session soon. Note: Big boys purchased a lot of shares in August (including Morgan Stanley, DB, Goldman Sachs and JPM). I went long on Friday.

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GreenTree Hospitality Group Ltd - ADR (NYSE: GHG) may be starting to turn higher. Yesterday, we had strong buying volume and the stock looks poised to break out of its three month slump. In addition, it broke the short-term downtrend channel. We could see a sharp rally out of these oversold conditions.

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Ceridian HCM Holding Inc (NYSE: CDAY) caught my eye on Friday due to its bullish posture without looking overbough. The stock may be close to breaking to new highs again. Volume is starting to pick up and there could be a decent short squeeze if it clears June highs.

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Advanced Micro Devices, Inc. (NASDAQ: AMD) appears to be setting up for higher highs on hourly within a large ascending channel. It remains on watch for further gains.

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Sierra Oncology Inc (NASDAQ: SRRA) was over $3.6 in June and closed Friday at $1.79. The stock is back at the bottom area and could provide another great swing trade. I bought shares last week. A break and close above the 1.85 level next week could move the stock significantly higher as it attempts to break out of this bottom pattern in place since mid-August. 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: AMD, CDAY, FBIO, GHG, MYSZ, NIO, ONTX, SRRA, TLRY, TSLA

17:29 | Permalink |

Stocks to Watch for September 13, 2018

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IQIYI Inc (NASDAQ: IQ) Missed this one today because I was too busy watching small caps. But this chart looks pretty good. I think current levels offer a great chance to play a rebound in shares. Long positions can be considered with a stop loss of 26 on daily closing basis. Initial targets are 30 and 32.4

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HUYA Inc - ADR (NYSE: HUYA) Keep a close eye on this one, looks ready to break this trend line to the upside. When it clears $28 on good volume, go long using the EMA9 as stop.

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China Advanced Constructn Mtrls Grp Inc (NASDAQ: CADC) Another China name with a good looking chart. Looks like a bottom formation here. A breakout over $4.2 with volume would send this flying. I went long today, I see $5.5 move coming. The MACD is curling in a very positive direction. This could be a good swing trade.

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Akers Biosciences Inc (NASDAQ: AKER) was one of the BIG winners today, as the stock closed up 21% on the day. If the stock can break today’s high of $32, we should see a continuation move targeting the 40c area.

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Onconova Therapeutics Inc (NASDAQ: ONTX) one of the best charts out there under $1 Broke downtrend line yesterday on volume. Plus, all key indicators are pointing up and the Accumulation indicator is also rising. Im Long

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Tilray Inc (NASDAQ: TLRY) This one is unstoppable. If you're long, use the rising hourly EMA20 as stop.

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InspireMD Inc (NYSEAMERICAN: NSPR) made a strong move to the upside and closed above the 25c key resistance zone accompanied with high volume. Based on the monster volume, I think we could see some nice follow through on Thursday. Use tight stops.

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: AKER, CADC, HUYA, IQ, NSPR, ONTX, TLRY

21:53 | Permalink |

AC Investor Blog

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

Saturday, November 09, 2019

Stocks to Watch for November 11, 2019

Saturday, June 08, 2019

Chart setups to keep an eye on next week

Saturday, February 02, 2019

12 Technical Setups for the coming week

Sunday, September 23, 2018

Here are some technical charts to watch next week

Saturday, September 15, 2018

Technical Setups for the Week of September 17, 2018

Wednesday, September 12, 2018

Stocks to Watch for September 13, 2018

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