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Sunday, March 27, 2022 

A few names on my watchlist for the coming week

Dearest all, 

I hope everyone is enjoying a great weekend with family and friends. I'm sure you are eagerly awaiting the market’s open tomorrow and getting ready to start the week with a profitable trading session. I will take this opportunity once again to inform you that my Twitter profile continues to be cloned by imposters that duplicated 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 people messages to sell crypto products. 

 Please be aware that I don't send private Twitter messages promoting services nor ask you for money. 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 for informational purposes only.

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Westwater Resources Inc (NYSEAMERICAN:WWR) had another very productive week as we saw gains of over 10% on decent volume and I believe it has more room to run. The daily MACD-Histogram has been sloping up and the MACD fast line and RSI are both rising, indicating bullishness. I definitely like the way it's trading and at some point I think it will leap over $2.5

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Tilray Inc (NASDAQ:TLRY) has been in a nice uptrend for the last 2 wks and is now very near to break another key resistance level. Keep an eye on TLRY for a possible breakout over $9

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Jupiter Wellness Inc (NASDAQ:JUPW) had a strong bullish candle in the last trading session on heavy volume and closed back abv the declining EMA100 for the first time in months. The next key resistance lies at 1.64. If a breakout happens we can see a target of 2.25 (gap zone). So far, all daily technical indicators are in favor of an upward price movement. The MACD has generated a new buy signal on Friday and is currently above the 0 line. All short-term EMA’s are below the current price. Long setup on watch. Weed play

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Globalstar (NYSEAMERICAN:GSAT) Flagging nicely here after a strong rally. Keep it on watch, next buy point when it clears 1.5 on heavy volume.

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Northern Oil & Gas, Inc. (NYSE:NOG) Broke out to new highs Friday on solid volume. I will be looking for a follow-through day for a potential swing entry trade.

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Ageagle Aerial Systems Inc (NYSEAMERICAN:UAVS) buyers failed to uphold momentum on Friday and the stock pulled back to the key support zone previous major resistance line. If support holds we might expect another test of the 1.54 level. A break above the horizontal line (yellow) could signal further upside.

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Meiwu Technology Co Ltd (NASDAQ:WNW) Potential bounce play opportunity. Agriculture stocks have been very hot lately and this Ag China name could follow. Technical indicators have turned bullish signaling sideways to higher prices possible in the near term. Next resistance lies at 1.55

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Dorian LPG Ltd (NYSE:LPG) continues to perform nicely and appears poised to breakout to new highs. Keep it on watch.

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Arca Biopharma Inc (NASDAQ:ABIO) COVID data next week (according to the company). Worth watching. Could squeeze over 2.55 targeting initially the 3.7 area.

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Core Laboratories N.V. (NYSE:CLB) had a nice bullish momentum on Friday, gaining more than 5.9% and ending the day near the highest price of the day. The bias is bullish in the nearest term especially if the price is able to stay consistently above $29 targeting $36

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

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Saturday, December 19, 2020 

Small caps to Watch Next Week for Trades

Dearest readers, 

First of all, I would like to thank you all for your messages of Prayers, Condolences and solidarity at these moments of our bereavement. May God repay you for your gratitude and empathy.

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Marin Software Inc (NASDAQ:MRIN) could we be looking at the beginning of another big rally? This stock surged late in the session on Friday closing above the $2 mark on strong volume accumulation. This stock has been flying under the radar of many traders for quite some time due to Marin's integration with Amazon and deserves a look going forward. Chief Executive Officer Chris Lien highlighted the importance of Amazon as part of a digital marketing strategy in November after the announcement of the financial results for the third quarter ended September 30, 2020. I think the news is positive and the company is really starting to turn the corner. This formerly $5.7 stock now trades for $2 a share. I think the stock could rebound smartly from here. From a technical standpoint, it has a very interesting daily chart and could have a bigger move soon. The break of the next key resistance line 2.05 (Friday's high) on volume should be the next buy point. If it clears this resistance the move may be powerful. The buy signal shown in the 4h chart above was generated when MACD crossed up signal line indicating a possible uptrend in the future. Plus, it broke the major downtrend line and RSI is also above the 50% level. This chart definitely looks like a bottom chart to me. Let's see what next week brings.

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Ever-Glory International Group Inc (NASDAQ:EVK) A closer look on the 4h daily chart of EVK reveals a potential rounding bottom reversal pattern. The short term trend  is starting to turn up and momentum appears to be in favour of another strong upside. A sustained move above 3.80 will signal further presence of buyers and will provide more strength to the bulls, this could trigger acceleration to the upside with $5 as the next target (gap zone). Presently, it is trading above all minor EMA lines and candles are generating trend reversal signals. All odds are in favor of the bulls and indicating a bullish signal. I'm long.

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India Globalization Capital, Inc. (NYSEAMERICAN:IGC) The way bulls have shown their aggression on Friday afternoon, could indicate the potential for some upside gains in the very near-term. The 4h chart shows a stock that is looking to rally with $2.20 as the next logical price point. After that the November high of $2.66 would be next. From a technical perspective, I observed that stock has bottomed out which is providing a bullish signal. Long setup on watch.

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China Xiangtai Food Co Ltd (NASDAQ:PLIN) appears to have bottomed. News out last week as well as some filings could be the impetus for a rally in these shares. Keep a close eye on it over the next few days for confirmation that a bottom was reached and a rally is underway. On Friday (Form 6-K) the company closed a private placement financing of 704,762 ordinary shares at a per share purchase price of $1.50. Nobody pays a 50% premium for a stock without a clear reason. Something is cooking IMHO. This company has announced great contracts recently. I took a long position.

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Ageagle Aerial Systems Inc (NYSEAMERICAN:UAVS) showed some nice strength yesterday, despite the weak market. Price broke through resistance at $3.92 accompanied with high volume. The stock hit a high of $4.28, which is now resistance for Monday’s continuation move. If the stock can break through resistance, we should see another upside move.

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Cemtrex Inc (NASDAQ:CETX) has been consolidating in the 1.25-1.4 range since its big surge in price and volume in November. Yesterday, the stock broke out of a bull flag pattern that has formed in this consolidation process. The top of the range now represents the major key resistance level, which if broken could lead the price towards the July highs around the 1.95 area. Additionally, the accumulation indicator shows the strength of conviction behind this Bullish trend. Let's keep an eye on it.

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

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Saturday, July 25, 2020 

Technical Chart Setups for the coming week

Dearest readers and followers, 

Before starting to share trade ideas for the coming week, I would like to inform you that this will be the last weekend post before my vacations that will start on August 1st and end on 28th of the same month. I will travel this summer to Algarve avoiding planes and everything that involves a lot of crowd interaction. It's time to help the tourism of my country giving them some hope. If all of us do the same, we can minimize the impact of the current downturn. I will use the vacation time to spend some productive time with my family, relaxing, rejuvenating, and forget all about the stresses of work. I don't believe that vacations are luxuries. They are our necessities just like anything else, make us feel happy, stress less, refreshed, energetic, helping us to explore the essence of living in peace and communion with those we love the most. If you also go on vacation, happy holiday to you. Enjoy your time like the flakes of snow, nothing is certain or solid in this world. 

Thank you for reading this blog that means so much to me. I get excited anytime any one of you leaves me a comment or just sends me an email sharing an experience. May God bless you and have a wonderful vacation.

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Party City Holdco Inc (NYSE:PRTY) is a candidate to be traded in breakout mode next week. The daily technical indicators are looking better for the stock with the MACD indicator above its sell signal line, +DI is on top (the trend is up) and RSI indicator moving up from the 50 level. Plus, upside volume is also picking up and a rounding bottom is taking shape. Keep an eye for a possible breakout over $1.59

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We are on the verge of a possible breakout in the shares of Vislink Technologies Inc (NASDAQ: VISL). The stock is finishing up its consolidation phase and the new bullish trend on my daily chart looks good. Volume was on the light side, but once the stock breaks out we will see an upturn in buying. Key resistance is now located at 75c, a break above this level will confirm the bullish trend and the following uptrend will take price up to $1 zone. From a technical standpoint, daily technical indicators are looking bullish. MACD is rising above its signal line in the positive zone and the RSI is rising above its 50% level.The 9-day and 13-day EMAs are in the process of forming a rounding bottom reversal pattern, and the stock has moved above it. VISL will move quickly, so keep it on your screen on Monday.

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Ageagle Aerial Systems Inc (NYSEAMERICAN:UAVS) Bull flag spotted on the daily chart, this is a bullish continuation pattern. The momentum clearly favors the bulls.

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Ocugen Inc (NASDAQ:OCGN) This penny stock deserves your attention going forward. A treatment of RHO gene mutation associated with retinal degenerative disease being developed by Ocugen was granted orphan designation by the FDA, according to a post to the agency's website. No press release yet from the company which is not surprising, it usually takes some days. Once it goes live on their website we could see another spike in share price. Looking at the technical chart, it seems the stock broke the resistance area at 35c and has moved decisively to the upside. That’s a powerful sign that high prices are likely to continue. Long positions may be considered on price weakness, with a stop-loss at 30c. The next resistance it could encounter is at 50c. Once that level is breached, the next resistance could be the 70c area and then 83c. In addition, the CMF indicator is increasing, this clearly shows that smart money is moving into the stock. NOTE: OCGN is a penny stock, so play accordingly.

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Friday's action in JAKKS Pacific, Inc. (NASDAQ:JAKK) confirms my opinion that the current bounce has legs. The stock finally broke the large falling wedge on large volume. The technical chart shows buyers are back. With the surge yesterday %K line is again on top over %D line showing the stock is back to a new rally. A move towards $7.9 can be expected as long as $6 holds.

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I have been following Riot Blockchain Inc (NASDAQ:RIOT) for a few days now and surprisingly it showed some strength in the final hour on Friday in a depressed market. On the momentum front, I'm seeing some positive divergences in several key momentum indicators, but this is not confirmed yet, as prices have not shown a confirmed reversal. The stock needs to break Thursday’s high of $2.45 to expect a strong rally at this point. I took a long position last week.

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Document Security Systems, Inc. (NYSEAMERICAN:DSS) has been forming an ascending triangle and it might soon break out. It needs to take out $8.15. The break of the resistance line with heavy volume should be the next buy point targeting the 9.8 zone.

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Urban One Inc Class A (NASDAQ:UONE) continues to form a base around the $14 as we get ready for another major move higher. A break of $16.50 with force might give the stock room to $20

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Capricor Therapeutics Inc (NASDAQ:CAPR) decisively broke the bull flag formation with a big bullish engulfing candle and might soon find itself in next resistance at the 8.60 area.

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Xenetic Biosciences Inc (NASDAQ:XBIO) Friday’s action in the share price leads me to believe that we may see a reversal trend at this level. To sustain this point of view, stock needs to sustain actual level in the days to come, so stay tuned to her. Next pivot 1.38

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Inpixon (NASDAQ:INPX) is in the process of bottoming and I expect a pop above $1.65 very soon. Technical indicators are looking Bullish with the RSI rising while the MACD is cutting above its signal line. With the spike in volume and momentum surging in Friday's trading session, there is a high possibility that the stock price can appreciate even more in value during the coming sessions. Plus, the Microsoft rumors should be taken seriously "#ReturnToTheWorkplace initiative". Keep it on your watch list going forward.

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

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Saturday, July 11, 2020 

Top Stock Trade Ideas for the coming week

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Canopy Growth Corporation (NYSE:CGC) closed up $1.40, or more than 8.7%, on Friday to 17.42. The move broke the stock out of a triple-top short-term resistance level that contained the up move since late june. A move above 18 next week, would confirm the breakout and point next to a target zone of 18.65 to 19.90. Technical indicators are turning bullish. MACD has moved up to touch its sliding signal line in negative territory and daily RSI has crossed above its 50% level. Long setup on watch.

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Ageagle Aerial Systems Inc (NYSEAMERICAN:UAVS) jumped 39 cents or 25% on heavy volume, to close at 1.94 on Friday. That was the highest close for the stock since the beginning of June. Strong volumes and sharp volatility in the past few trading sessions indicate investor uncertainty, which often precedes a trend change. If the stock can break Friday's high on volume, I think the stock could shoot up to $2.50 There looks to be good upside potential, so watch the stock very closely next week.

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Sundance Energy Inc (NASDAQ:SNDE) is on your watch-lists yet? The stock closed at $2.7 on Friday up 10% and it appears that the momentum is just beginning. Shares broke the large falling wedge pattern on the 4h chart that had been in place since the middle of June on solid volume. The indicators are turning up supporting a further climb with a short-term technical price target of $3.25

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IZEA Worldwide Inc (NASDAQ:IZEA) Good long setup if it takes out the 1.16 price level on volume. I took a long position on Friday.

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Creative Realities Inc (NASDAQ:CREX) good relative strength compared to the sector. Look for a break above $2.50 to enter longs. MACD and RSI are still inside their respective oversold zones, though all two have formed rounding bottom patterns that may lead to an upward bounce in stock price. CREX will move quickly, so keep it on your screen next week.

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Cinedigm Corp (NASDAQ:CIDM) Long set-up on watch. Let's see if it breaks this downtrend line next week. Technical indicators on the 4h chart are in the process of correcting oversold conditions. I took a long position on Friday.

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Interpace Biosciences Inc (NASDAQ:IDXG) is building a nice optimistic formation under resistance at $5.40. Watch for a break through that price level to indicate that another push higher will occur. HCW has maintained the buy rating on the stock with a $11 price target recently. Long setup on watch.

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After a slow start on Friday, Heat Biologics Inc (NASDAQ:HTBX) saw its high of the day at 1.06 and showing strong bid support. Looks like it is getting ready for another breakout soon. Good upside volume on the daily chart. Technical indicators are bullish. Long setup on watch.

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BOQI International Medical Inc (NASDAQ:BIMI) is back on my watchlist for a possible bounce to immediate resistance at 2.30. Technical indicators are turning bullish. MACD is forming a bullish rounding bottom pattern crossing above its signal line in the negative zone. RSI has moved above its 30% level. A clear break and daily close above 2.08 could trigger further short-term bullish pressure testing 2.30 area.

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Moderna Therapeutics (NASDAQ:MRNA) I will be looking for a break of this  sideway trading range  with a general long side favored eyeing target at 75. Stock is trading above all three EMAs and technical indicators are turning bullish.

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CEI remains on watch for a quick reversal. It has been holding this range for the last two sessions and I feel the next move will be higher. This stock has a history of strong bounces every time it reaches extreme oversold levels. If things would repeat the price could potentially double. That's a penny stock, so play accordingly.

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Williams-Sonoma (NYSE:WSM) also looks great. The stock has been on a nice uptrend recently and could be ready to breakout again. Waiting for a break and closing above the 88.27 level for a long position.

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

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Saturday, April 18, 2020 

Top Swing Trade Ideas on my WL for the coming week

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Sigma Labs Inc. Common Stock (NASDAQ:SGLB) is a stock that could head higher from Friday's close. SGLB is in the process of bottoming and I expect a pop above $2.52 very soon. A breakout over this key resistance level with strong volume would send this flying targeting the pivot zone around $4 As i tweeted on Friday i took a long position. All key momentum indicators are starting to move north from oversold and MACD the more bullish as is ready to cross up zero and divergence. There looks to be good upside potential, so watch the stock very closely next week.

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Taronis Technologies Inc (NASDAQ:TRNX) Congratulations to those who took full advantage of Thursday’s pick, TRNX. It delivered nearly 75% potential gains and closed up near the day’s high on a monster volume. On Friday, the stock continued to trade up and traded all the way up to 50c before pulling back to close at 34c. Looking back, I see that I sold too early but my strategy/objective was met so I can't be greedy. We are taking about penny stocks when discipline and strategy needs to be combined. Penny stocks are risky, but if you know what you are doing, have the knowledge and expertise, and exercise caution when necessary as was the case, you stand to gain large return on relatively small investments, so a good strategy and discipline is needed to make sure you gain profits, thats it !! Technically, the stock seems to be forming a descending channel on the 4h chart, only a break and close above this channel, could endorse further bullish actions. Good luck, play smart with discipline.

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Astrotech Corporation (NASDAQ:ASTC) is starting to turn back up again after a healthy pullback and looks right on the verge of a strong breakout. If it breaks the 2.8 level on volume next week, the move could be powerful and the following uptrend will take price up to the recent highs around $4 Money flow remains positive which is bullish near term.

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Comstock Holding Companies Inc (NASDAQ:CHCI) has a very interesting daily technical chart as the stock looks to be ready for another upside move. All indicators are looking Bullish. Keep an eye for a possible breakout over 2.40 We all know how quickly this stock can move higher. I think we can see $2.80 rather quickly. I took a long position on Friday.

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Hepion Pharmaceuticals Inc (NASDAQ:HEPA) could have significant upside based on the recent CEO interview "People should pay attention to Hepion because this is a company that is truly undervalued".  On the technical side, the stock has been consolidating its big run from 1 to 2.86 in a large falling wedge formation. This is a bullish trend continuation chart pattern, indicating the continuation of an existing bullish trend after a small pause. The 1.35-1.4 area seems to be a strong support, so as long as the stock stays above that point there could be more upside ahead. If it does rally, I would look for it to at least rise back up to March highs around the $2.8 level.

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NovaBay Pharmaceuticals, Inc. (NYSEAMERICAN:NBY) is displaying a screaming buy divergence on the upside. A close above 88c will impart bullishness and will help the stock move to the $1.15 area.

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Boeing (NYSE:BA) Friday's action suggested that there is more room for the uptrend to grow on stock. Yesterday’s high was $154, which is resistance for the follow through move next week. If the stock does break resistance, expect to see another upside move. Short-term is bullish as the stock is now on top of its major short-term EMAs. So, keep an eye on it.

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Intelsat (NYSE:I) is in the process of bottoming and I expect a pop above $1.50 very soon. The option traders were active in this name buying a lot of calls (May $2).

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Ageagle Aerial Systems Inc (NYSEAMERICAN:UAVS) Im giving readers a stock that I have alerted in the past and had several times double digit gains in just one day. I rarely alert the same play more than once in a short period of time but UAVS is set up so perfectly for a big bounce that I cant resist. As you could see by the daily technical chart above, the stock has the potential to witness a significant uptick. Nearest resistance for the stock is at 60c If this level is crossed and the stock is able to sustain above this level, then it might go to 80c. Be sure to get it on your radars.

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Congratulations to those who took action on BIOC yesterday when i alerted at 39c on twitter. It performed AMAZING in the final hour to say the least. Stock needs to break the 48c level next week for a potential gap fill. To receive my FREE alerts before the crowd, follow me on Twitter.

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

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Tuesday, July 24, 2018 

Stocks to Watch for July 25, 2018

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Social Reality Inc (NASDAQ: SRAX) has formed a clear resistance level around 5.85 as part of its uptrend, setting up yet for a possible resistance breakout trade. Short term indicators are Bullish. A new buy signal would be given on a break above that resistance, with the next pivot resistance at 6.21. Support is at 5.19 and 5.05

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Apple Inc. (NASDAQ: AAPL) is getting ready to come out of a consolidation pattern. A close above $194.20 gets the party started.

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Evofem Biosciences Inc (NASDAQ: EVFM) I am a patient investor here. I really like this setup, descending channel with positive divergences on MACD while the accumulation line is also rising (money flowing into the stock). It is held by major institutions. Last month, Oppenheimer initiated coverage with an Outperform rating and $9 price target. They have a great pipeline.

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My Size Inc (NASDAQ: MYSZ) has created an interesting daily chart with the descending trend line broken today, which should be considered as a very bullish sign. Considering the recent breakout, the stock price looks promising and has potential to move back to its June highs in the coming trading sessions. I alerted several times on Twitter around 85c for a potential big bounce. Stop 92c

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Ageagle Aerial Systems Inc (NYSEAMERICAN: UAVS) another great alert on Twitter today around 1.80. Important to see how this acts over the next few sessions. Immediate resistance is at 2.2 (EMA100). Break above that level could trigger further bullish momentum towards $2.4 area.

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Arcadia Biosciences Inc (NASDAQ: RKDA) there are some signs of a possible bounce here due to the positive divergences, which often leads to short covering. If the stock price can break through today’s high of $7.32, we should see a strong follow through move. Let’s see whether the stock can gather enough momentum to break through that key level. On watch.

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Another day, another winner. I love the small cap market right now. After seeing a nice breakout from a bullish consolidation pattern yesterday for my alert, we saw another huge run today for Riot Blockchain Inc (NASDAQ: RIOT). I took profits today, but i will re-enter on any pullback to the pivot zone.

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Boxlight Corp (NASDAQ: BOXL) looks like is close to attempting a new breakout. The stock hit a high of $5.5 but failed to close above 4.54 (EMA20). I expect to see a high volume move once the stock breaks through resistance again, as traders are watching this stock closely.

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Baxter International Inc (NYSE: BAX) hit a new 52-week high, trading as high as 75.72, before settling at a close of 75.54. I'll be watching the stock on Wednesesday looking for a follow through move.

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

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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