AC Investor Blog

Crypto and stocks setups

Dearest readers,

From now on I might also share some crypto trade ideas on my blog because I finally entered into this market. It seems clear that at some point cryptos will be part of our financial landscape too and will continue to gain acceptance, so I thought that's could be a good time to also share my technical knowledge and apply it to these digital coins.

I would also like to make clear that I have never been paid to promote a stock/company, and I never will. All of my stock picks, technical analysis, and posts are crafted utilizing my own knowledge and experience. I trade all types of stocks, big mid and small caps, but never the OTC market. I thank you for coming here and reading what I have to say about stocks on a technical level.

Additionally, I would also take this opportunity once again to inform you that my Twitter profile continues to be cloned by imposters duplicating exactly all my tweets, images and purchasing followers to be popular in the eyes of newbie investors. These scam artists are trying to use my name and send private people messages to sell Bitcoin products. I don't have a Telegram account. Neither will I ask you for money or spam websites.

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In my previous tweets about this digital coin, we saw Bitcoin breaking the upper line of the primary downtrend channel, which was a big bullish signal. Currently, the pullback seems to be forming the right shoulder of which seems to be an Inverted Head and Shoulders pattern with neckline around 45.5K. If this pattern becomes active, then we can expect a rally to ATH.

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The Inverted Head and Shoulders pattern mentioned on Bitcoin, can be also detected on Ethereum daily chart with a neckline around 3250

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There is no Inverted H&S pattern on the daily chart of Doge but the recent pullback on low volume to the key support zone (prev loading zone) seems to be a good entry point for swing traders. The chart is also displaying positive divergences. I'm buying dips and holding for the long haul. Cryptos reminds me of the internet in early stages.

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Y-mAbs Therapeutics Inc (NASDAQ:YMAB) showed buying strength all day on Friday. The stock price is on the verge of breaking out and it could happen soon. The volume dramatically increased as the stock ran to near its major resistance, showing us there are buyers watching the stock again. Any close abv 8.49 and the stock will absolutely fly into the 10's right away.

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Sundial Growers Inc (NASDAQ:SNDL) closed strong on Friday, as the stock ended the day at highs. The technical daily chart shows a continuation of the trend with MACD and RSI in the Bullish areas. This stock is on the top of my watch list for next week, due to the recent price action, volume and momentum.

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AYRO Inc (NASDAQ:AYRO) On my watch list $1.36 is the pivot here. The stock broke the downtrend channel and successfully retested it. This is a good time to build your position in AYRO for the next rally. If it breaks 1.36, we could see 2 quickly. Stock is trading significantly below cash levels.

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Twitter, Inc. (NYSE:TWTR) A two-week consolidation formed an ascending triangle bottom pattern on the daily chart. Let us pay attention to price action so we can securely place our buy orders.

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Kosmos Energy Ltd (NYSE:KOS) Setting up nicely for new highs.

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Core Laboratories N.V. (NYSE:CLB) Watch Monday's action for a possible breakout over $28.56

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ExxonMobil (NYSE:XOM) is still coiling just under $82 and appears about ready to make a new breakout soon. Holding the stock with a stop at $75.98 (rising EMA20).

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: AYRO, Bitcoin, CLB, Dogecoin, Ethereum, KOS, SNDL, TWTR, XOM, YMAB

14:33 | Permalink |

8 Setups to watch next week

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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

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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.

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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

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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.

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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 ;)

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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.

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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

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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 |

Trade Ideas for the coming week

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Snap Inc. (NYSE: SNAP) broke out of a bullish flag formation and closed just slightly below a key resistance level at $17. A break of this level in the next couple of days could lead the stock towards new highs around the 18.36 area. Long setup.

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Kandi Technologies Group Inc (NASDAQ: KNDI) jumped 12 cents, or 2.26%, on Friday, breaking key resistance at 5.38 and closing at 5.44. That's the highest close in more than six weeks, thus confirming that the stock has renewed momentum. This momentum could move stock to the 5.8 area in the next few trading days. Long setup on watch.

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I like this daily chart on Twitter, Inc. (NYSE: TWTR) a lot. Prob one of my Favorites. As you can see the stock brokeout on high volume Thursday and was able to keep the strength on Friday. I've seen this many times in the market and you know what the end result usually is? Well, it's alot of money. RSI still rising and we are not even in overbought territory yet. Plus, the Accumulation/Distribution shows that the stock continues to be under accumulation by institutional traders and money managers. We should see more highs ahead.

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Inpixon (NASDAQ:INPX) was able to make upward movements in intraday trading for the second day in a row as volume continues to increase. In the past, INPX has been able to significantly witness growth in market valuation following the type of trading activity that has been seen recently. Breakout watch over 0.142 on volume for a possible short-term target of 18c (Note: This is a penny stock, so play accordingly).

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Appliance Recycling Cntrs of Amer Inc (NASDAQ: ARCI) has been consolidating around 4.50 levels. We have seen strong accumulation during the consolidation phase, very positive sign. Watch for a potential breakout next week since volume is expected to increase under conditions showing light resistance. Daily technical indicators are looking bullish. MACD is lying above the Power Zone and RSI is about 54 so it's in the range of its support prices which could minimize the downside risk at these levels. Worth watching for a breakout above the 4.85 level.

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Zosano Pharma Corp (NASDAQ: ZSAN) broke and closed back above its hourly 50EMA on solid volume. The bulls will now try and regain control. Watch the stock next week since shares appears setup for an Increase.

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Roku (NASDAQ:ROKU) Big momo stock. Consolidating here, play the line it breaks on heavy volume.

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Baxter International Inc. (NYSE:BAX) Cleared this ascending triangle on volume. Setting up for higher prices.

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I alerted Microbot Medical Inc (NASDAQ:MBOT) to my twitter followers a few days ago before crowd when it was trading around the $5 level. The stock jumped 44% or $2.16 cents to 7.06 on Friday as the company announced that will demonstrate a working prototype of the Company’s Self-Cleaning Shunt (SCS™). I still holding a small position. Next major resistance lies at 7.5

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: ARCI, BAX, INPX, KNDI, MBOT, ROKU, SNAP, TWTR, ZSAN

08:37 | Permalink |

Nine Stocks To Watch For the Coming Week

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Twitter, Inc. (NYSE: TWTR) has been in a consolidation over the last three weeks in the 38-40.92 range after a big surge in price and volume in late April following the earnings report. The stock jumped 85 cents, or 2.13%, Friday and closed at 40.8, just 12 cents below the key resistance level. If this level is broken on volume next week, this could be the start of new momentum that could move the stock toward the 45 area.

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Pareteum Corp (NASDAQ: TEUM) which had been flagging over the last weeks off its upmove from mid-March, from the 3.62 area to around 3.93, broke out of the large flag last week. The stock is nearing a key resistance level of 4.91, which if broken should lead to a target in the 5.26 to 5.50 range.

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Blackberry (NYSE: BB) also looks great. The $9.42 level is an important resistance that once broken will set off a huge run up in stock, the 1st target would be $10.29 which is the high of March. The MACD daily indicator is turning bullish while the RSI is pointing upwards. The bullish momentum is gaining steam.

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The strong move in Arca Biopharma Inc (NASDAQ: ABIO) shares was something that I tweeted Wednesday before the crowd. If you were following my twitter account you would have gotten the tweet when the stock was trading at 5.25. If you jumped in and booked your profits, congratulations. You're still holding use the 10.25 area as a stop.

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Atossa Genetics Inc (NASDAQ: ATOS) Still watching it. The 100-hourly exponential moving average needs to be broken as resistance for some momentum to pick up.

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ZK International Group Co Ltd (NASDAQ: ZKIN) On watchlist no trigger yet. Long above $1.74. If the stock can break through this level, buy the stock and watch it take off. There is some accumulation on daily chart.

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China Jo-Jo Drugstores Inc (NASDAQ: CJJD) has been hit hard by the sellers over the last trading sessions, but we could see a strong bounce at this support level. Plus, there is a positive divergence on the MACD histogram as it is moving up several in a row but not yet crossing the zero line, warning of high volatility ahead. Watch the break of the 1.28 level for a push.

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Gentex Corporation (NASDAQ: GNTX) broke out of an important consolidation area and will likely have the attention of the swing traders in the next sessions. Breakout watch over 23.55

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I have Lannett Company, Inc. (NYSE: LCI) on my watchlist. It may be ready to break out of its 200-day EMA. Potential swing long above 8.69

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Manpower (NYSE: MAN) flagging in the $95 area. Watch for a move above 97.26 to break the stock out.

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: ABIO, ATOS, BB, CJJD, GNTX, LCI, MAN, TEUM, TWTR

18:46 | Permalink |

Some interesting chart setups to watch next week

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Nio Inc (NYSE: NIO) Keep on watch, this one may breakout of its downtrend line next week. If it breaks and close above the $7 level again, the stock price should be ripe for a long trade. All technicals are looking positive now and the short-term outlook continues to look bullish.

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Nice Breakout on volume. (Alerted on twitter at 1.55). Friday’s high of $1.67 is resistance for the next upside move. If the stock can break through this level, we should see another move to the upside. Euroseas Ltd. (NASDAQ: ESEA) hit a high of 3.87 in the month of October, so keep it on your radar for the next few days.

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Real Goods Solar, Inc. (NASDAQ: RGSE) On my watch list. The stock showed relative strength on Friday compared to rest of market, following a report of insider activity. CEO and Director purchased a total of 250000 shares last week. 49c is pretty much the pivot here. If the stock closes above this key level next week, momentum traders are likely to send the stock up to 72c again.

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Pyxis Tankers Inc (NASDAQ: PXS) rallied hard Friday on heavy volume. If it clears back over 2.40, may have some good upside.

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Novelion Therapeutics Inc (NASDAQ: NVLN) has been trading heavy volumes recently and continue to impress with another show of strength. Could move toward $2.35 area if it breaks and closes above the declining 50-day EMA (at 1.88). Momentum picking up with MACD climbing and RSI rising. Watch for continuation. Stop 1.46 (just in case).

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Adding LM Funding America Inc (NASDAQ: LMFA) to my watchlist. Nice gap to fill if it can break through $2.1 price level. Long set-up on watch. A positive divergence on MACD Histogram could be a sign that prices will soon begin to rise.

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Boxlight Corp (NASDAQ: BOXL) broke out of its long-term downtrend line last week and surged considerably higher amidst impressive buying pressure. 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 4-5 appears likely.

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I keep watching Twitter (NYSE: TWTR) waiting for this stock to break out of its Bullish consolidation. Go long on a close above 35.12

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: BOXL, ESEA, LMFA, NIO, NVLN, PXS, RGSE, TWTR

19:24 | Permalink |

Here are 10 setups to watch next week

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If you follow my twitter you know that I've had my eyes on Avalon Holdings Corp (NYSEAMERICAN: AWX) since Wednesday when it was trading around $4. The stock almost touched $20 on Friday after-hours. It has traded in impressive fashion over the last several trading sessions and is a must watch for both the short and intermediate term. At some point this impressive rally will come to a conclusion, until then, lets enjoy watching this high money flow move to the upside.

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IsoRay, Inc. (NYSEAMERICAN: ISR) has seen some very impressive volume recently and it is still under some great accumulation. The daily chart shows a stock that is right on the cusp of breaking out. A break of 65c should bring the buyers into this stock in a big way. This stock could be viewed as a sympathy play of AWX not by the float but by comparing the recent increase on volume and accumulation. Note: Earlier this month, the company announced the receipt of FDA 510(k) regulatory clearance for the brachytherapy technology, known as GammaTile™ Therapy that incorporates proprietary Cesium-131 seeds within customizable collagen-based carriers for the treatment of recurrent brain tumors. As I have said before on twitter this stock could head higher in swift fashion.

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Riot Blockchain Inc (NASDAQ: RIOT) could we be looking at the beginning of another impressive rally? This stock soared from current levels to over $46 a share almost a year ago. Recent bitcoin rally could help bolster investor sentiment going forward. A big short-squeeze could happen on the break of the declining EMA200 located at 8.63.

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Cleveland-Cliffs Inc (NYSE: CLF) An impressive rally from $8.11 to $11.44. Volume is strong lets see if this big rally has legs after such a huge move. Price is developing a bullish flag.

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Interpace Diagnostics Group Inc (NASDAQ: IDXG) saw some steady buying pressure and closed the day up 4.8% and above the declining EMA200 for the first time in months. This certainly could be just the beginning of a possible monster run.

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CorMedix Inc. (NYSEAMERICAN: CRMD) continued its massive rally on Friday as the stock closed near the highs of the session, and its highest level since this rally began in early June. This was a stock that no one wanted back then, and is now seeing strong money flow and buying pressure. Immediate resistance 59c then 65c.

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Twitter Inc (NYSE: TWTR) needs to hold the long-term trendline support next week. If successful, a relief rally to $37 is probable.

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Electronic Arts Inc. (NASDAQ: EA) Having held this support line and turned up with conviction yesterday, the upside looks more probable at this point, but any close below would be a very bearish signal and a drop to 115 likely. Technical indicators are looking bearish.

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Link Motion Inc (NYSE: LKM) This China name announced last week a strategic partnership with AutoNavi a subsidiary of e-commerce conglomerate Alibaba Group for its Smart Ride Business. The stock could be making another move to its EMA50 and we could see a break there. Keep this stock on watch.

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Social Reality Inc (NASDAQ: SRAX) is inching closer and closer to another breakout move. Break out watch over 5.85

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: AWX, CLF, CRMD, EA, IDXG, ISR, LKM, RIOT, SRAX, TWTR

14:03 | Permalink |

AC Investor Blog

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

Sunday, February 13, 2022

Crypto and stocks setups

Saturday, February 08, 2020

8 Setups to watch next week

Sunday, September 08, 2019

Trade Ideas for the coming week

Sunday, May 05, 2019

Nine Stocks To Watch For the Coming Week

Saturday, November 10, 2018

Some interesting chart setups to watch next week

Saturday, July 28, 2018

Here are 10 setups to watch next week

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