AC Investor Blog

--Financial Tools ---Futures Market---ADD HERE LINK-- OPTION ALERTS --BENZINGA--

Saturday, February 08, 2020

8 Setups to watch next week

( click to enlarge )

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

( click to enlarge )

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

( click to enlarge )

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

( click to enlarge )

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

( click to enlarge )

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

( click to enlarge )

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

( click to enlarge )

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

( click to enlarge )

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

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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

Thanks for visiting AC Investor Blog.

AC

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

17:04 | Permalink |

Monday, January 06, 2014

Stocks to Watch for January 7, 2014

( click to enlarge )

Medivation Inc (NASDAQ:MDVN) had a very bullish momentum today, broke and closed above $65. Looks like it is getting ready for a new breakout. Watch this stock price as it approaches the major resistance area. All technical indicators are bullish.

( click to enlarge )

Arca Biopharma Inc (NASDAQ:ABIO) could be in the early stages of a technical breakout. If the stock price can break through 1.77 (200EMA), expect to see heavy volume drive the stock higher. Momentum indicators are 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 $2.

( click to enlarge )

BlackBerry Ltd (NASDAQ:BBRY) After consolidating sideways the last few sessions with an upward bias, the stock price broke out upwards today, accompanied by a volume surge. Looks good for higher prices. Next stop 8.45 then 9.44

( click to enlarge )

DryShips Inc. (NASDAQ:DRYS) It will be interesting to see tomorrow, if the strong support of $4 holds, if not, the downtrend may continue.

( click to enlarge )

Tetra Tech, Inc. (NASDAQ:TTEK) Volume starts to pick up. Could make a nice move to the upside. A break and hold 28.25 could lead to a substancial gain in shares.

( click to enlarge )

Facebook Inc (NASDAQ:FB) ended the day 4.84% higher at $57.2 on above average volume. It broke through the $55.4 resistance and looks poised to make new highs this week. From the technical chart, the MACD and RSI both signal positive strength. The AC/DT line also confirms buying pressure. The stock price is trading above both 50-day and 200-day EMA and 50-day EMA is on top of 200-day EMA heading upwards. Long setup.

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.

Labels: ABIO, BBRY, DRYS, FB, MDVN, TTEK

22:46 | Permalink |

Friday, January 30, 2009

Stock Picks and Trade Ideas - Tetra Tech and Ciena

Chart courtesy of www.stockcharts.com ( click to enlarge )

TTEK - Contrary to expectations, the stock ruled strong and also moved closer to the resistance level of 24. Investors may remain invested with a stop-loss at 22.21 (on closing basis) as the stock appears to have the potential to breakout the target zone of 24. So far the technical chart is still showing buy signal with stock trading above 20 day and 50 day moving averages with MACD on top of signal line and K line on top of D line.

Chart courtesy of www.stockcharts.com ( click to enlarge )

CIEN - Shares of Ciena Corporations have been taking a hit on Wednesday’s trading session after a Credit Suisse analyst downgraded the stock to an “underperform” from “neutral.”Not quite sure if they are correct with this analyses, because the company is making a lot of improvements in its organization and the infrastructure spending is not so bad at all, however it's a fact there is some clear evidences of slowing in network spending but is not a dramatical slowing like many have predicted. On 6th of January Barclays Capital Equal made exactly the reversal upgrading the stock to an “Overweight” from “Equal Weight”. Who is right ? Well, I would prefer follow Barclays advise because over the recent times that have outperformance the market with good bets everytime they recommends small caps.!!! I continue to have a favorable longer-term view of the company and I believe the stock should provide steady, above-market returns over the long run. Technically the stock is trading in a short-uptrend channel. Channel support and resistance have been tested successfully on numerous occasions, making this particular uptrend channel very valid from a technical perspective. At the moment, CIEN is trading near the bottom of the channel, but not close enough to channel support to warrant an upside movement in this market environment. I do not recommend a position at the moment, but will watch price action carefully for moves to uptrend channel support or resistance.

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

That's all Folks. See you tomorrow !!!

AC

Labels: CIEN, TTEK

09:55 | Permalink |

Monday, August 04, 2008

Stock Picks and Trade Ideas for Tuesday - TRN, ESLR, TTEK, SBUX

Chart courtesy of stockcharts ( click to enlarge )

SBUX - The stock closed below its 20-day simple moving average at $14.49 again. Generally this is a bearish indication. In this new downtrend, the stock may find support at $14 if there is a spurt in volume in the coming sessions. If Starbucks breaks below $14, then we may see this stock going down till $13.33 again. The short-term outlook for the stock is bearish.

Chart courtesy of stockcharts ( click to enlarge )

TTEK - The stock broke resistance with a high volume move on Thursday. Increased volume at the break-out supports the bullish trend. Buy the stock in dips with stop loss at $27.32.

Chart courtesy of stockcharts ( click to enlarge )

ESLR - The stock has formed a descending traingle pattern, which is a bearish pattern. If the pattern breaks the support at $8.45, then in the short term we can see a downward movement till $8.

Chart courtesy of stockcharts ( click to enlarge )

TRN - The stock is facing continuous resistance at $39. The daily technical chart shows positive sign as the stock is now trading above 50 day moving average with KD rising and MACD now above 0. Recent surge may spur profit taking but for the long term the technical is looking good. TRN is one of my favorite stocks on the wind sector.

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

That's All. See you Tomorrow !!!

AC

Labels: ESLR, SBUX, TRN, TTEK

21:17 | Permalink |

Monday, July 28, 2008

Stock Picks and Trade Ideas for Tuesday - AKNS,TTEK,SIRI, RFMD,SOHU

Chart courtesy of stockcharts ( click to enlarge )

SOHU has good support at $75.83. If it falls below this level, then it can possibly go down to $67 area. Looking at the daily chart, it shows positive signs as 50 day moving average is on top of 200 day moving average with stock trading above both moving averages. MACD also show bullish signal as MACD is above signal line. However ROC and KD are somehow weak as ROC is at overbuy level and K line drops below D line. So, the perfect buy point is now a move above $85 on above average volume.

Chart courtesy of stockcharts ( click to enlarge )

TTEK - Support for Treta Tech exists at $24 and if this support is also broken than the stock is going to touch the level of $22.

Chart courtesy of stockcharts ( click to enlarge )

RFMD - RF Micro Devices will face the resistance on upside at $3 and on the lower side stock will face support at $2.80 and if this level is broken than the stock is in bearish grip and may achieve $2.6 target. Stock has immediate target of $2.80 on downside and if this level is broken then support exists at $2.52 and if this support is also broken then get ready for unbelievable target of $2.

Chart courtesy of stockcharts ( click to enlarge )

SIRI - If its support of $1.80 is broken on a close basis then the chances of stock touching the level of $1.50 becomes high.

Chart courtesy of stockcharts ( click to enlarge )

AKNS - The stock has a strong support at $4.30. Hold with a stop-loss at $4.30. If stock breaks this level then the stock can head to $4 and if this level is breached then the level of $3 is visible.

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

That's All. See you Tomorrow !!!

AC

Labels: AKNS, RFMD, SIRI, SOHU, TTEK

18:10 | Permalink |

Monday, July 07, 2008

Stock Picks and Trade Ideas for Tuesday - TRN,TTEK, RFMD, AAPL

Chart courtesy of stockcharts ( click to enlarge )

The stock moved in a range of $180 and $164 during the course of the past week. The stock faces now resistance at the $175 level ( 20 DMA ). The stock has formed a positive divergence pattern and we could see a rally on the stock, if it is able to move above the $175 level and if overall market sentiment for frontline tech stocks turns positive.

Chart courtesy of stockcharts ( click to enlarge )

RFMD -As I had indicated in my last post, the RFMD stock corrected itself after last week’s fall to rise above the $3 level. The overall weakness on the bourses and especially in the tech sector has dramatically affected sentiment on the RF Micro Devices stock. The downward trend is likely to continue, with occasional bouts of corrections. Technically, the RFMD stock is displaying a bearish outlook and is likely to fall to a range of $2.66 to $2.52 in the short run.

Chart courtesy of stockcharts ( click to enlarge )

TTEK has been trying to bottom for a couple of days now, but keeps pulling back further on weak market days. On Thursday the stock has fallen below its 200-day moving average, which is a negative sign. On the upside, it could test the $21.43 level and if it is able to move above this level successfully, we could see the stock post a rally. On the downside it would try to seek support at the $20 level, and later at the $18.94 level.

Chart courtesy of stockcharts ( click to enlarge )

TRN - The stock is currently trading near its support of $31.05 ( 200 DMA ). If the stock trades above this level, then it might go to $34. However, if the stock declines below the support of $31.05, then it might go to $28.02. The stock is in a downtrend.

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

That's All. See you tomorrow !!!

AC

Labels: AAPL, RFMD, TRN, TTEK

21:22 | Permalink |

Saturday, May 10, 2008

Stock Picks and Trade Ideas for the week ahead - NITE,TRN, TTEK, AMZN, LDK, RIMM

Chart courtesy of stockcharts ( click to enlarge )

RIMM broke out of its ascending triangle on strong volume and hit my price target in the $130’s. Currently RIMM has consolidated into a tight pattern and could be bought for a trade on a break of $135.85. This is not a swing candidate, but a day trade candidate on a break of $135.85 on strong volume. The technical chart shows the stock is in a strong Bull market as the stock is above 50 and 200 day moving average and both going up. In addition, MACD still show buy signal as MACD is still above signal line.

Chart courtesy of stockcharts ( click to enlarge )

LDK is in an ascending triangle pattern with strong support at the uptrend line and resistance at the horizontal line. Buy point is on the day it breaks $37.50 on heavy volume.

Chart courtesy of stockcharts ( click to enlarge )

AMZN - Amazon has come down a bit here in recent days. It appears that the correction may be close to an end since it is approaching of its main support at $70. This may be a good spot to get in, with a stop under the recent lows if the timing is wrong.

Chart courtesy of stockcharts ( click to enlarge )

TTEK - The stock looks to be consolidating nicely since its last breakout on big volume. Technically, the stock could go either way but my bias is to the upside given the strong earnings reported. In addition, the chart shows very positive signal as the 50 day moving average is near to cross over 200 day moving average to form Golden Cross, a very Bullish signal.

Chart courtesy of stockcharts ( click to enlarge )

TRN is in a bullish pennant triangle formation with resistance at $32.60 and a price target of about $34.70. The technical chart shows TRN is in a strong bull market rally as MACD is on top of signal line and K line is on top of D line. Plus, the long term trend is also bullish as the stock is above 50 day and 200 day moving averages. This is just a few of my longs that I have kept.

Chart courtesy of stockcharts ( click to enlarge )

NITE - The stock may find support at $26.2 while its 20-day moving average of $28.19 might act as the potential resistance level. Present technical indicators are not in favor of Bulls, however buy point on stock is on the day it breaks the short term resistance of its 20-day moving average.

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

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

AC

Labels: AMZN, LDK, NITE, RIMM, TRN, TTEK

08:25 | Permalink |

Thursday, May 08, 2008

Stock Picks and Trade Ideas for Friday - YHOO, CSIQ, FSLR, TTEK

Chart courtesy of stockcharts ( click to enlarge )

TTEK good earnings and a nice looking chart. TTEK is setting up for the next leg up. Doji candle on yesterday session near expected support, helps today rally on stock price. Today the stock broke a bullish pennant formation, therefore it may retest or overtake highs very soon. The pennant formation is characterized by a large volume spike in price over a few days followed by consolidation where price converges and volume diminishes often resulting in a breakout in the direction of the previous trend. The chart provide you a much better explanation. TTEK will be on fire again....... backup the truck.......

Chart courtesy of stockcharts ( click to enlarge )

First Solar is at a point where the stock is going to make a move. Whether this is an upside or down move, that has yet to be seen. FSLR has consolidated the past five days after gapping down on Thursday. If the stock can break through Wednesday’s high of $285, the stock should make a strong upside move. Stay tuned on her.

Chart courtesy of stockcharts ( click to enlarge )

Shares of CSIQ continue to surge. The stock is strong and getting stronger every week it seems. If it can close above $32.85, then expect more upside. If this happens, Canadian Solar is a good play.

Chart courtesy of stockcharts ( click to enlarge )

YHOO - I don't like to speculate but it is clear that something will happen soon on Yahoo. After Monday sell-off, the stock has rebounded extremely well accompanied with huge volume, which make me think that there is something going on, this is not normal. I'm still playing on the long side, holding my long position and waiting for the possible deals that Yang has promised to shareholders.

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

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

AC

Labels: CSIQ, FSLR, TTEK, YHOO

21:35 | Permalink |

Sunday, May 04, 2008

HOT Breakout stocks to watch next week - TRN, NVDA, TTEK, GILD, UBB, MVL

Chart courtesy of stockcharts ( click to enlarge )

MVL - From the daily chart above, you can see how the stock broke through an ascending triangle pattern to the upside, by breaking $29.80 which was the major resistance over the past days. The stock has been doing well recently as K line is on top of D line with MACD on top of signal line. Now that the stock is above 50 day moving average and 200 day moving average and above the resistance more buyers should be coming.

Chart courtesy of stockcharts ( click to enlarge )

UBB - The stock broke through $145 resistance on Wednesday, and is trading above all of three major moving averages. Plus, the MACD is positive and rising. Nevertheless, there is a need for some profit-taking, for some consolidation from these high levels, and this situation might have been started on Friday, according to the latest candle on the chart. We could see a retest of the broken resistance, turning into support, in the $145 area.

Chart courtesy of stockcharts ( click to enlarge )

GILD - The stock broke through its resistance to another new high on Friday, and is trading above all three major moving averages. The MACD is positive and rising, the RSI is over 50 and also rising, and the stock is trading over both it's 50 day moving average and 200 day moving average, which is bullish. In addition KD also show very bullish sign.

Chart courtesy of stockcharts ( click to enlarge )

TTEK - Tetra Tech broke out firmly and on volume. The stock is overbought and risk is high at this stage but it’s awfully difficult to argue with progress. For those who did not have a chance to buy the stock, any pull back is your buying opportunity.

Chart courtesy of stockcharts ( click to enlarge )

After two month of consolidating, NVDA finally broke through its range and had a very nice up day on Friday. The stock was up $1.02 on 2x normal daily. The stock is set to hit $23 a share.

Chart courtesy of stockcharts ( click to enlarge )

TRN - Stock broke through resistance on Thursday, but was not able to gather must momentum on today session, It appears there is some profit-taking active now. I expected some weakness in the next few days to leave the overbought conditions, which I think it will be a great buying opportunity for the bulls. I still think this is a great stock to buy. You get to buy into the growth of wind and at the same time get the security of a company that has strong fundamentals. Hold with a stop-loss at $32.21.

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

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

AC

Labels: GILD, MVL, NVDA, TRN, TTEK, UBB

11:39 | Permalink |

Thursday, May 01, 2008

Wind Power stocks soar following TRN Strong 1Q results

Chart courtesy of stockcharts ( click to enlarge )

TRN "Trinity Industries Inc " The Company manufactures and sells railcars and railcar parts, inland barges, concrete and aggregates, highway products, beams and girders used in highway construction, tank containers and structural wind towers. The stock crossed its 200-day moving average and is at its highest level since mid-November 2007. TRN is a stock that seems to have found a bottom and is setting up for a big bounce. Today volume was huge !!! Technically the chart shows this is the time to place your bet here as many technical indicators show buy signal. MACD and the signal line, for instance are back above 0 indicating Strong Buy signal. In addition the stock is back above 200 day moving average again - another positive sign. Remember, this stock keeps having good earnings and has had some great runs in the past. Let's keep an eye on her.

Chart courtesy of stockcharts ( click to enlarge )

TTEK " Tetra Tech Inc" The Company is a provider of consulting, engineering, construction and technical services focused on resource management and infrastructure. The stock has broken out to all time highs during today session to a new 52 week high at $25.37, however in the final hour stock retracted closing at $25.15. Looking at the daily chart, the stock is still in the bull market as the stock is trading above both 50 day and 200 day moving average and MACD signal line still above 0.

Chart courtesy of stockcharts ( click to enlarge )

OTTR "OTTER TAIL CORP" The Company is engaged in businesses that has been classified into six segments: Electric, Plastics, Manufacturing, Health Services, Food Ingredient Processing and Other Business Operations. Looking at the technical chart, the stock broke out last Friday, when traded up $3.11 on the day. The stock has been consolidating the past few days forming a bull flag, that it was broken over today session. Technically the chart looks really positive as 50 day moving average has just crossed on top of 200 day moving average to form Golden Cross. In addition with MACD on top of 0 showing bull market and KD at high level the stock should kept going for now. Let's keep an eye on her.

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

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

AC

Labels: OTTR, TRN, TTEK

21:03 | Permalink |

AC Investor Blog

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

Saturday, February 08, 2020

8 Setups to watch next week

Monday, January 06, 2014

Stocks to Watch for January 7, 2014

Friday, January 30, 2009

Stock Picks and Trade Ideas - Tetra Tech and Ciena

Monday, August 04, 2008

Stock Picks and Trade Ideas for Tuesday - TRN, ESLR, TTEK, SBUX

Monday, July 28, 2008

Stock Picks and Trade Ideas for Tuesday - AKNS,TTEK,SIRI, RFMD,SOHU

Monday, July 07, 2008

Stock Picks and Trade Ideas for Tuesday - TRN,TTEK, RFMD, AAPL

Saturday, May 10, 2008

Stock Picks and Trade Ideas for the week ahead - NITE,TRN, TTEK, AMZN, LDK, RIMM

Thursday, May 08, 2008

Stock Picks and Trade Ideas for Friday - YHOO, CSIQ, FSLR, TTEK

Sunday, May 04, 2008

HOT Breakout stocks to watch next week - TRN, NVDA, TTEK, GILD, UBB, MVL

Thursday, May 01, 2008

Wind Power stocks soar following TRN Strong 1Q results

About Me

FREE NEWSLETTER

Support AC

Follow me

Advertising

PREVIOUS POSTS

TRANSLATOR

Site Information

Stock Market Blogroll

Friends BLOGROLL

ARCHIVES