AC Investor Blog

12 stock charts to watch next week

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Viking Therapeutics Inc (NASDAQ: VKTX) surged 1.43, or 16.8%, Friday on higher-than-average volume and finished at its highest close in more than three months. It closed at 9.94, substantially above key resistance at 9.37, confirming the breakout. Im looking for a move towards the $11 area in the next couple of days. Technically, any pullback to pivot is a good entry point (Note: i booked profits abv 10.2 but i want enter to enter again on any pullback)

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Nio Inc - ADR (NYSE: NIO) ready to move off support? Stock has been holding up at $5 the last few days after a dramatic decline from well over $10 a share this month. I think any close above the 5.19 level in could be the recipe for a bullish reversal higher.

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Superconductor Technologies, Inc. (NASDAQ: SCON) lets see if we can get a move back over $1.80. Volume history shows this stock doesn't need too much buying pressure to rise fast. I went long on Friday. Could pop over 1.56 (former runner)

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ConforMIS Inc (NASDAQ: CFMS) continues to impress, now consolidating within an ascending triangle. Fresh exposures may be considered on a move past $2.95, with a stop-loss at $2.65

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Blackberry (NYSE: BB) broke resistance with a maissive volume move on Friday after the company reported earnings that beat Wall Street's expectations. Increased volume at the break-out supports the bullish trend going forward. Technically, a buy on any dip.

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Lyft (NASDAQ: LYFT) The 5-m chart of the first day of trading. Only a break of $80 could regain the short-term bullish momentum.

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Gevo Inc (NASDAQ: GEVO) could see $2.50 in the next few days and depending on a few variables (Including news) this stock could soar even higher. This is a stock that is still flying under the radar of so many traders. I think right now GEVO is forming a solid base for a substantial bounce.

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I said in the beginning of the month that AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO) could be set up for a technical breakout and so far we've seen just that. After falling from $2 to penny status, investors are slowly starting to recognize the potential of this stock. The symbol is buzzing on social media again, and from what we've seen so far, this stock could be far from done. Im keeping a close eye for any type of minor pull-back for the potential of another and possibly much stronger rally. Congrats if you've already made this a great winner. Stay tuned for more.

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Cleveland-Cliffs Inc (NYSE: CLF) deserves some attention next week. Price action is moving within a descending channel or bullisg flag pattern testing the upper trend line for a breakout to move back north. The MACD is also displaying a positive divergence, but we need to see a clear solid bullish signal cross, which would occur if price breaches 10.2 A break above that area could trigger further bullish momentum and keep the bullish scenario intact.

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Limelight Networks (NASDAQ: LLNW) Nice breakout on 3x the daily average volume, positive MACD. Look for a quick run to $3.55

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AEterna Zentaris Inc. (NASDAQ: AEZS) broke out of a large consolidation period. Volume was decent on signaling that this move should hold. The technical chart above shows a continuation of the trend with MACD and RSI in the Bullish areas. The stock is in a strong bull market with both 50 day and 200 day exp moving average going up. Long setup.

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Regulus Therapeutics Inc (NASDAQ: RGLS) Another great setup for bottom lovers. The stock has been in a downtrend the past few days, but could have found a bottom at these levels. Notice accumulation volume has been ramping up lately. If the stock can break through Wednesday’s high of $1.11, we should see a strong follow through move. Keep watching RGLS for a possible strong bounce from current levels.

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: AEZS, AVEO, BB, CFMS, CLF, GEVO, LLNW, LYFT, NIO, RGLS, SCON, VKTX

08:43 | Permalink |

Some stocks worth watching next week

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Viking Therapeutics Inc (NASDAQ: VKTX) jumped 99 cents, or 7.44% yesterday, breaking key resistance at 13.76 as well as the upper line of descending channel. Friday's action suggests we could see continuation of the trend in the next couple of days toward the next resistance level around the 15.5 area.

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Micron Technology, Inc. (NASDAQ: MU) Friday's hammer candle suggests a possible short-term bounce imho to $40's. Positive divergences showing up on indicators also confirm that we'll see some upside movement very soon. Obviously the trend is clearly down right now, but finding the right spot to get in before the bounce can be a lucrative move. I entered again before the close. Lets see what next week will bring us.

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Emerge Energy Services LP (NYSE: EMES) has found support around the $2.22-$2.30 range and looks poised to post a significant bounce from here. It is very oversold and I think the next rally could be a sustainable one for at least the short term. This was a stock that was trading at over $10 a share in January. The high volume on Friday in a RED tape could signal that investors believe the stock is extremely undervalued at current levels or shorts are covering. We could see a 30-50% possible bounce up to $3.25 - $3.5 a share if it can get passed the resistance at $2.52

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Advanced Micro Devices, Inc. (NASDAQ: AMD) is hitting a major support with a very oversold RSI. I think the risk of continued downside at current levels, while obviously present, is a lot less than the possibility of a sharp oversold rally or bounce. I believe there is profit potential from these prices. On watch.

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InspireMD Inc (NYSEAMERICAN: NSPR) I still think this stock will post a sharp rally from current levels. This was a $1 stock in June and at $.25, in my opinion, and also based on the accumulation line (still rising: under accumulation) there is a compelling risk/reward scenario. Honestly, NSPR is in the midst of that dramatic bounce, one that could see it hit $.48 or more a share in short-term. Note: low-priced "penny stocks" is always risky, so be careful with the size.

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Pain Therapeutics, Inc. (NASDAQ: PTIE) the chart looks great again for this stock and I think its poised to hit $1.44/1.5 short-term as the selling has abated and the new uptrend should bring new interest into the stock.

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With a conference scheduled for next week Biocept Inc (NASDAQ: BIOC) is a stock I think deserves some watching over the coming sessions for a potential short-term reversal.

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ENDRA Life Sciences Inc (NASDAQ: NDRA) The last few days has seen increased volume and price. This is worth watching and possibly stepping in for a trade at some point. This stock has been flying under the radar of many traders and deserves a look going forward.

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Proteostasis Therapeutics Inc (NASDAQ: PTI) Good long setup, if it takes out the 6.3-6.45 zone on volume next week.

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NII Holdings Inc (NASDAQ: NIHD) appears ready for a breakout above key resistance at 6.44 area. If breakout occurs, I expect to see the NIHD move toward the 7-7.2 area.

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Rambus Inc. (NASDAQ: RMBS) looks like a great bottom type play. Technical chart is displaying several positive divergences. I think RMBS will post a nice rally from here and deserves being added to your watchlist.

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

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

Thanks for visiting AC Investor Blog.

AC

Labels: AMD, BIOC, EMES, MU, NDRA, NIHD, NSPR, PTI, PTIE, RMBS, VKTX

18:33 | Permalink |

Stocks to Watch Next Week

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Viking Therapeutics Inc (NASDAQ: VKTX) is in a bullish flag consolidation which suggests that it may break above the recent highs soon.

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Izea Inc (NASDAQ: IZEA) Could history repeat itself ? After looking at this daily chart and reviewing the recent price action (everytime that RSI reaches an extreme oversold condition) i have come to the conclusion that we could see a surge like the one on the chart from April. The extreme oversold levels usually indicate the beginning of a change in direction and are a great place to look for reversal entries. So, that was the reason to take long positions here. Note: this is a penny stock so play it like a penny stock.

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Friday marked an important shift in Versartis Inc (NASDAQ: VSAR) shares as they closed above a major horizontal resistance line that has been forming since January. This stock was one of the big winners in after-hours, following the news that Director AKKARAJU SRINIVAS bought 1.05 Million shares in open market over last 3 days. Keep VSAR on your radar for Monday’s trading day.

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BlackBerry Ltd (NYSE: BB ) Chart is simply telling me that this is a nice healthy pullback on low volume after a big run. The trend should resume back up in the very near future. The stock has a Bullish outlook.

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Stitch Fix Inc (NASDAQ: SFIX) had a huge breakout day on Friday and closed above the EMA100 on heavy volume. The next key resistance levels are located at $26 and $26.88

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Extremely bullish moves on Ascena Retail Group Inc (NASDAQ: ASNA) are taking place over the last session’s. The stock broke another flag formation Friday on heavy volume. The stock hit a high of $4.74, which is now resistance for Monday’s continuation move.

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Galectin Therapeutics Inc. Common Stock (NASDAQ: GALT) had good volume and a big bullish candlestick on Friday. Breakout watch over 6.74

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Synergy Pharmaceuticals Inc (NASDAQ: SGYP) is threatening to break through the 100 day moving average which would be a very bullish sign for the stock. Resistance is $1.90. The stock has been strong over the past days, so watch it closely the next few trading sessions.

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Ekso Bionics Holdings Inc (NASDAQ: EKSO) had also a positive day on Friday. The $1.84 level or EMA200 is the next resistance level that if broken, could send shares back to $1.95. If the stock can break through resistance, we should see another strong upside move. EKSO will move very quickly, so watch the stock closely on Monday.

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Chinanet Online Holdings Inc (NASDAQ: CNET) has a very interesting technical daily chart as the stock looks to be ready for a good upside move. The technical indicators are displaying good signs. Resistance for this move is $3.30. The stock can move quickly, so watch the stock closely.

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: ASNA, BB, CNET, EKSO, GALT, IZEA, SFIX, SGYP, VKTX, VSAR

19:20 | Permalink |

Tuesday May 29th Watchlist

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BlackBerry Ltd (NYSE: BB) has been consolidating in a flag formation over the last three weeks after a strong rally since the beginning of the current month. On Friday, the stock broke out of the flag pattern and closed up 18 cents to $11.75 on solid volume. A move above 11.88 would confirm the breakout and could lead to 12.51 initially and then 13.18, my secondary target. Technicals are showing bullish signals supported by positive RSI and MACD indications.

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Infinity Pharmaceuticals Inc. (NASDAQ: INFI) remains high on my radar for this week. Phase I (IPI-549 + Nivolumab – Solid tumors) data will be presented at ASCO in June 4, Abstract 3013. Technically, the stock might attempt to breakout above the $2.07 level and if it succeed we should expect a strong move to the upside. Long setup on watch.

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Neuralstem, Inc. (NASDAQ: CUR) Price should become explosive if this trendline is broken to the upside on volume. From a technical standpoint, the stock has an up trending MACD, indicating potential accumulation and an up-trending RSI at 48 indicating room for potential further gains. CUR needs to be at the top of your watch list.

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Adomani Inc (NASDAQ: ADOM) had a strong bounce from the support in the $1.05 area (EMA50) on heavy volume. Friday’s high is resistance for a follow through move on Tuesday.

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Ekso Bionics Holdings Inc (NASDAQ: EKSO) is testing an important short-term resistance level (EMA13). The MACD Hist is giving bullish divergence signals and there are increased chances of a start of a new upward move that can bring the price towards 1.85 (EMA200).

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OpGen Inc (NASDAQ: OPGN) had another very productive day as we saw gains of over 11% and I believe it has more room to run. The short-term outlook remains positive for the stock. The stock finds an immediate resistance at 2.25 and support at 2 followed by 1.87

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Cara Therapeutics Inc (NASDAQ: CARA) broke out to new 52-week highs on Friday and I'm expecting to see the stock continue this move on Tuesday. As long as the stock stays above the $15 area, the bullish scenario is still intact.

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This "Bullish flag" formation on hourly indicates a healthy consolidation. Watch for a break higher. Stop 22.35

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Shares of Viking Therapeutics Inc (NASDAQ: VKTX) are starting to heat up and are worth watching. If volume can pick up I think this stock can break through resistance around 5.58 and re-test its February highs.

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Roku Inc (NASDAQ: ROKU) Keep an eye on this one, looks poised to break out and run higher. Bulls have upside technical momentum.

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: ADOM, BB, CARA, CUR, EKSO, INFI, IQ, OPGN, ROKU, VKTX

19:58 | Permalink |

Setups and trade ideas for next Week

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Twitter Inc (NYSE:TWTR) Although the stock market conditions can change any trend quickly, if the breakout area mentioned on the chart holds next week on a close basis, Friday's pullback could be identified as a profit-taking day. Technically the bulls are not done yet.

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Riot Blockchain Inc (NASDAQ:RIOT) has seen a massive drop in share price since December highs. Stocks with such a big fall generally at least have a bounce. The rising 200-day EMA, along with the RSI entering the oversold region could support a short-covering bounce over the near-term. Sure it could drop more, but the stock could also rally hard to $20 or better. The high short interest could fuel a rally on short covering.

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Proteostasis Therapeutics Inc (NASDAQ:PTI) the daily chart is what has my interest. Such a dramatic fall in just 2 days on no news from the company, will almost certainly at some point see a nice bounce. When it does bounce it should be a violent one. Please note, insiders bought more than 4 Million of shares in December at $5 and institutions have also been increasing their stakes lately.

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Skyline Medical Inc (NASDAQ:AIPT) looks to be turning the corner on the technical daily chart above after falling steadily over the last few months. It is a risky stock like anyone that trades around $1, but one that could pay off with a 100% gain. The accumulation indicator also shows huge interest in the stock.

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Viking Therapeutics Inc (NASDAQ:VKTX) lets see if this stock will continue its upward next week. Good looking chart in all time-frames. Worth adding to your watchlist.

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BlackBerry Ltd (NYSE:BB) has dropped from $14.5 a share to $12.41 a share over the course of just one month. I think the stock is well over due for a bounce here around its rising 50-day EMA.

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Apple Inc. (NASDAQ:AAPL) big dip to an area of big support. Watch for a bounce next week.

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Second Sight Medical Products Inc (NASDAQ:EYES) this chart is one to watch for a potential breakout next week. The MACD is starting to curl and showed relative strength on Friday. Breakout watch over 2.17

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: AAPL, AIPT, BB, EYES, PTI, RIOT, TWTR, VKTX

18:15 | Permalink |

AC Investor Blog

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

Saturday, March 30, 2019

12 stock charts to watch next week

Saturday, October 27, 2018

Some stocks worth watching next week

Saturday, June 09, 2018

Stocks to Watch Next Week

Monday, May 28, 2018

Tuesday May 29th Watchlist

Saturday, February 03, 2018

Setups and trade ideas for next Week

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