AC Investor Blog

Stocks to keep an eye on March 17, 2015

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VIVUS, Inc. (NASDAQ:VVUS) made a significant move on Monday breaking out its major resistance line at $3 on high volume. This breakout suggests a possible move to $3.40 in short-term. The technical daily chart shows a bullish sign as the stock is back on top of its short-term EMAs. In addition, MACD is back above zero line and RSI is back above 50% level which show beginning of bull market rally.

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Tesla Motors Inc (NASDAQ:TSLA) closed higher today on decent volume as the stock is trying to make an upside move. It has had a hard time to close above the 20EMA. It would need to break and close above that level to run to $205.88 (50EMA).

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Kandi Technologies Group Inc (NASDAQ:KNDI) broke out of a one-month range, hitting a high of $14.85. The technicals point to a move higher in the coming days. The MACD indicator is above its signal line and is indicating further strength. In addition, the RSI indicator is moving up above 50% level and the +DI is greater than the -DI by a great margin, indicating a Bullish trend. I will be watching KNDI on Tuesday, looking for a follow through move.

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Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is picking up momentum and could make a good upside soon. Although the stock did not perform well in February, I start to see some signals of rebound. The trend indicator MACD has triggered a new buy signal today and also the RSI is on the positive side again.

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Starbucks Corporation (NASDAQ:SBUX) looks to be setting up for an upside move. The stock needs to break the recent highs to expect a strong rally at this point.

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Shares of DexCom, Inc. (NASDAQ:DXCM) are starting to heat up again and are worth watching. If volume can pick up, I believe this stock can break through resistance at $64 and re-test its recent highs around $64.64.

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: DXCM, KNDI, SBUX, TSLA, TTWO, VVUS

21:37 | Permalink |

Watch these stocks next week

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Sirius XM Radio Inc (NASDAQ:SIRI) - The stock had a nice bounce on Friday, as this could be the start of a possible breakout move. Volume was on the light side, but once the stock breaks out we will see an upturn in buying. From a technical standpoint the technical indicators are looking stronger. All the three major moving averages are moving up, as the stock makes higher tops and bottoms. The 20-day sma has started moving away from the 50-day sma and both remain well-above the 200-day sma. The slow stochastic has entered the overbought level while the RSI is at 66. The MACD continues moving nicely above the signal line and in positive territory. The overall rally is not losing steam. I will be watching the stock again on Monday for a follow through. On the upside, the level to beat is $2.79, which is the 52-week high.

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InterDigital, Inc.(NASDAQ:IDCC) - The stock touched a high of 37.98 and is correcting from there. The fall has been on decreased volumes, which indicates that the correction is unlikely to continue next week. The 50-day sma has flattened a bit but remains well above the rising 200-day sma. Chaikin Money Flow is positive and getting better. So, there is no immediate threat to the stock. If the stock price sustains above 50-day moving average can give an up move towards 38.

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Groupon Inc (NASDAQ:GRPN) has become increasingly bullish and is currently consolidating in an attractive pattern. A move past $5.50 would be a strong indicator of a further uptrend in the stock.

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Electronic Arts Inc. (NASDAQ:EA) Broke out of the range to the upside and closed over the 50-day sma. Watch for continuation. The next resistance level is around 14.

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Newell Rubbermaid Inc.(NYSE:NWL) broke out to new 52-week highs Friday on solid volume. I feel there is a nice move coming, which is why I will be watching the stock again on Monday. As long as the stock stay above $19.32, the bullish scenario is still intact.

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Take-Two Interactive Software, Inc. (NASDAQ:TTWO) - Should breakout hard to upside when it crosses over $11.4. I think we are going to $12.4 very sson. Nice looking chart IMHO.

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: EA, GRPN, IDCC, NWL, SIRI, TTWO

18:20 | Permalink |

Four trading ideas for Wednesday, Aug 29

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CubeSmart (NYSE:CUBE) had a nice move today, as the stock set new 52-week highs. The stock hit a high of $13.03, which is resistance for the follow through move. The long-term trend is bullish as the stock is above 50 & 200-day moving averages with both moving averages going up. You should watch this stock closely on Wednesday.

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InterDigital, Inc. (NASDAQ:IDCC) closed slightly below its 200-day moving average of $34.22 with a closing price today of $34.19. In the short-term chart, we have a turning up of Stochastic indicator showing positive signal and the MACD is also sloping up again confirming the Sto’s signal. The nearest trend is in favour of Bulls and IDCC has room to go higher. The accumulation over the past weeks has shown funds moving into the company and moved share prices upward. Today’s high was $34.39, which is resistance for the follow through move. If the stock can break through this level, expect to see heavy volume drive the stock higher. Also watch out for other resistance levels at $34.74 and 35.18. As I said on twitter I increased my long position once again today. I feel confident enough in the company especially after Apple's court victory over Samsung Electronics. InterDigital owns more than 8.600 patents and has an additional 10.000 on application. The patents cover a broad variety of wireless and wire line communication, including 2G, 3G, 4G, and LTE, as well as IEEE 802.

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Take-Two Interactive Software, Inc. (NASDAQ:TTWO) - A breakout above $10.4 would constitute a technical entry for the short term trader looking for a quick trade.

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Oncothyreon Inc (NASDAQ:ONTY) had another very productive day as we saw gains of over 5% and I believe it has more room to run. The short-term outlook remains positive for the stock. ONTY finds an immediate resistance at 5.53 and support at 4.92 followed by 4.55.

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: CUBE, IDCC, ONTY, TTWO

22:31 | Permalink |

AC Investor trade Ideas for Thursday Mar 04

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The stock had a good day on Wednesday, as commodities bounced on the day. The stock is trading near the major level of $13,52, which is resistance for a breakout move. I'm buyer once this move occurs and we expect to see strong volume drive the stock higher.

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The stock is trading up after hours on Wednesday, as the company released good earnings. TTWO should gap higher on Thursday and be extremely active on the day. Resistance for this move is $9.86. The stock can move quickly, so watch the stock closely on Thursday.

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The stock tried to follow through on Tuesday’s move, but the weak market held the stock back. Today’s high was $3.12, which is resistance for Thursday’s move. If GIGM can break through, we should see a stronger upside move.

Earnings Announcements for Thursday

Angiotech Pharmaceuticals - ANPI - 0.03 - Time Not Supplied
ArcSight, Inc. - ARST - 0.16 - Time Not Supplied
ATP Oil & Gas - ATPG - (-0.12) - Time Not Supplied
Costco Wholesale Corporation - COST - 0.72 - Time Not Supplied
Del Monte Foods - DLM - 0.21 - Time Not Supplied
Depomed - DEPO - (-0.13) - Time Not Supplied
Emergent Biosolutions Inc - EBS - 0.05 - After Market Close
Equity One - EQY - 0.26 - After Market Close
Genesco - GCO - 1.12 - Time Not Supplied
Hemispherx BioPharma - HEB - (-0.02) - Time Not Supplied
Interval Leisure Group, Inc. - IILG - 0.13 - Time Not Supplied
Mentor Graphics - MENT - 0.28 - Time Not Supplied
Move, Inc. - MOVE - 0.01 - After Market Close
Nash Finch Company - NAFC - 0.74 - Time Not Supplied
OMEROS CORP - OMER - (-0.27) - Time Not Supplied
PC-Tel - PCTI - 0.04 - After Market Close
Ritchie Bros. Auctioneers Incorporated - RBA - 0.2 - Time Not Supplied
S1 Corporation - SONE - 0.14 - After Market Close
Silver Standard Resources Inc. - SSRI - (-0.12) - Time Not Supplied
Solarfun Power Holdings Co. Ltd. - SOLF - 0.24 - Time Not Supplied
Steinway Musical Instruments, Inc. - LVB - 0.11 - 4:00 pm ET
Suntech Power Holdings Co., Ltd. - STP - 0.11 - Before Market Open
The Cooper Companies, Inc. - COO - 0.52 - After Market Close
Toronto Dominion Bank - TD - 1.35 - Time Not Supplied
U.S. Physical Therapy - USPH - 0.2 - Before Market Open
URS Corp. - URS - 0.55 - Time Not Supplied
Western Refining, Inc. - WNR - (-0.68) - Before Market Open
Winthrop Realty Trust, Inc. - FUR - 0.31 - Time Not Supplied

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: AA, GIGM, TTWO

22:40 | Permalink |

AC Investor Blog

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

Monday, March 16, 2015

Stocks to keep an eye on March 17, 2015

Saturday, October 13, 2012

Watch these stocks next week

Tuesday, August 28, 2012

Four trading ideas for Wednesday, Aug 29

Wednesday, March 03, 2010

AC Investor trade Ideas for Thursday Mar 04

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