AC Investor Blog

Here are a few stocks to watch next week

( click to enlarge )

Retractable Technologies, Inc. (NYSEAMERICAN: RVP) is finally starting to break out. The stock hit bottom in the low $.60's and has started to work its way higher. Friday's pullback was probably a good point to add again. Recent filings indicate CEO has poured hundreds of thousands of dollars into this stock recently. I do think this was done for a reason and at some point investors will follow. I took advantage of Friday pullback to increase my position, because i think in the coming days we could see extension of this new momentum towards the $1 area.

( click to enlarge )

Vital Therapies Inc (NASDAQ: VTL) exploded higher on Friday with an impressive volume. I expect more gains early followed by some profit taking. It will be interesting to watch this one trade tomorrow. Trade this one accordingly. There is a huge gap over 75c

( click to enlarge )

Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE) This daily chart does not need much commentary. The stock has seen a strong run from the start of the April and on Friday hit its highest levels, closing at $8.73 a share. From a technical standpoint, any dip should be used to create long position.

( click to enlarge )

Proteostasis Therapeutics Inc (NASDAQ: PTI) over the past trading sessions i have been accumulation this small big cap. Stock could be making another move to $1.35 tomorrow and we could see a break there. Keep this stock on watch. Company has more than $2 per share in cash. The hourly indicators are showing signs of reversal.

( click to enlarge )

Dermira Inc (NASDAQ: DERM) is setting up nicely to break into new highs. Buy point would be on the day it blows through $14.91 on heavy volume.

( click to enlarge )

Superior Energy Services (NYSE: SPN) had good volume and a nice candlestick on Friday. Daily technical indicators are looking bullish. The MACD is positive and has crossed above its signal. Breakout watch over 5.16

( click to enlarge )

InVitae Corp (NYSE: NVTA) may be setting up to make new highs. Next buy area is when the stock clears 25.76 on heavy volume. Use the rising EMA20 as a stop loss

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: DERM, NVTA, PTI, RVP, SPN, VTL, ZYNE

20:16 | Permalink |

Stocks to Watch for September 28, 2015

( click to enlarge )

The daily technical chart set-up for Prima Biomed Ltd. (NASDAQ:PBMD) appears to be near perfect to deliver gains next week. The stock closed up 16.83% Friday accompanied by strong volume and momentum, outperforming the entire sector. It has finally broken above downtrend line, closing at $1.39. Momentum is positive and RSI is in buy zone area. The stock's next major resistance would be its August highs at 1.80. Additionally, the company announced on Friday (Form 6-K) that Marc Voigt, CEO, will present an overview of the company at the LEERINK Partners 4th Annual Rare Disease Roundtable. This one-day event will be held at Le Parker Meridien in New York City on Wednesday, September 30, 2015. This could be a huge catalyst for next week. If momentum continues on Monday, we could have a nice winner on our hands.

( click to enlarge )

Vital Therapies Inc (NASDAQ:VTL) After setting a new week-high, the stock has encountered resistance around $5, a level which it should be able to beat given the cuurent strong upward trend. Keep your eyes on this one, it has a nice gap to fill.

( click to enlarge )

NVIDIA Corporation (NASDAQ:NVDA) Bullish rally stalled by resistance and market weakness. It needs to close above 23.85 to resume uptrend. Go long on the break of Friday’s high at 24.07. From a technical standpoint, indicators are bullish but giving mixed signals, which is usually during sideways consolidations.

( click to enlarge )

Juno Therapeutics Inc (NASDAQ:JUNO) stock found resistance at previous highs that was identified in my last post. Although it has fallen off sharply from this area, i think it is highly unlikely that the medium-term bullish move is over. Daily technical indicators are in neutral zones. MACD is moving sideways with a slight upward bias and RSI has crossed below its 50% level. I like the potential of this company.

( click to enlarge )

Alibaba Group Holding Ltd (NYSE:BABA) Looks like the stock may have put in a bottom, however it needs a close above the $61 level to signal the beginning of an upward trend. Positive MACD divergence is also visible. Stop $57.92.

( click to enlarge )

Semtech Corporation (NASDAQ:SMTC) The price action on Friday created a potential/temporary bottom in my opinion, because a candlestick reversal pattern called the "hammer" was formed on high volume. A rise above the 15.50 level should confirm the reversal which may push it back slightly above 16.22 level. On watch. Stop Friday's low.

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: BABA, JUNO, NVDA, PBMD, STMC, VTL

21:41 | Permalink |

Stocks to Watch for September 25, 2015

( click to enlarge )

Himax Technologies, Inc. (NASDAQ:HIMX) finally broke up through a a small consolidation range accompanied by a strong volume expansion. The stock is trading above all the major EMAs and MACD still showing bullish momentum.The price can move up to 8.68/75 in the short-term. Call options were very active.

( click to enlarge )

Vital Therapies Inc (NASDAQ:VTL) Today's rally confirms that the bounce is still in play and far from over. The stock broke out of a consolidation range as the stock closed up 91c on the day. Thursday’s high was $4.79, which is resistance for Friday’s continuation move. As long as the stock stay above the $4 area, the short-term bullish scenario is still intact.

( click to enlarge )

Plug Power Inc (NASDAQ:PLUG) surged in the final hour of trading closing slightly higher. The stock continues to show some nice strength in this market. Technical chart shows bullish sign with A/D rising and MACD on top of signal line. Keep it on your watch list going forward.

( click to enlarge )

Juno Therapeutics Inc (NASDAQ:JUNO) showed buying strength all day on Thursday. Watching for $44 breakout. This momentum could push this stock much higher from here, so keep the stock on your radar for Friday’s trading day, as there is good upside potential in this move. A clear break above the resistance level could trigger further bullish pressure testing 45, because the short sellers will start buying to cover their positions. Momentum indicators are bullish with RSI inching away above the 50% level. The strongest sign of a bullish momentum is the MACD indicator which has just started to increase again and the CMF is also showing positive signs on the stock.

( click to enlarge )

E I Du Pont De Nemours And Co (NYSE:DD) started the day negative but turned things around to close up nicely. Daily chart shows a possible reversal in the making.

( click to enlarge )

GoPro Inc (NASDAQ:GPRO) looks like it is starting to turn back up and the daily technical indicators are giving the first bullish signs. The Stochastic oscillator is registering a bullish signal, as the %K has crossed above the %D and the RSI is rising slowly but hasn’t reached the 35% level. The stock has the following important levels. Resistance at $34 and support at $32.26

( click to enlarge )

Flowers Foods, Inc. (NYSE:FLO) Nice looking breakout with high volume. Excellent relative strength to broad market. I will be waiting for a pullback to start a position.

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: DD, FLO, GPRO, HIMX, JUNO, PLUG, VTL

22:27 | Permalink |

Stocks to Watch for September 21, 2015

( click to enlarge )

Chesapeake Energy Corporation (NYSE:CHK) Friday's bar closed back above the 50-day exponential moving average, so the uptrend looks set to continue. A break of 9 could push the stock further higher up to 10.5 level (100EMA). Among the technical indicators, MACD is positive and RSI is above its 50% level, showing positive momentum.

( click to enlarge )

ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) It looks like the potential V-bounce pattern is materializing on the daily chart, as I mentioned last week as a possibility. The RSI has hit the overbought territory but it can be in this area for a long time in strong uptrends. Lets see what next week can bring us.

( click to enlarge )

Amazon.com, Inc. (NASDAQ:AMZN) is setting up for a very interesting upside move. The stock hit a high of $546.24 on Friday, but was not able to above this level due to the market conditions. I expect to see a high volume move once the stock breaks through the key $547 resistance area, as traders are watching this stock closely. From a technical standpoint, this stock is currently in an uptrend and is finding support from its 20-day EMA now located at 520. Keep the stock on your screen because once the stock breaks through resistance, it should take off and move quickly.

( click to enlarge )

Great Basin Scientific Inc (NASDAQ:GBSN) Could see a significant bounce next week based on the heavy volume that we saw in the last trading session. I think it deserves some watching over the coming sessions, for a potential short-term reversal (dead cat type bounce). It is down from $2.50 to $0.05 with not much a of a bounce in between. I bought some shares on Friday at 0.055 . I have no problem playing some of these type of stocks for a bounce, because they could be very lucrative. Look what happened with AEZS on Friday +133% (It had a very similar chart pattern) but there is some risk in this trade. Also, positive divergences are showing up in a number of indicators, often good leading indicators at bottoms.

( click to enlarge )

I've been stating for days that the Vringo, Inc. (NASDAQ:VRNG) stock was trying to bottom as it had nice positive divergence developing, now stock is near to cross the $.675 level, which could give a strong boost for run to $.82 (200EMA) Keep an eye on stock. I'm Bullish on VRNG.

( click to enlarge )

Plug Power Inc (NASDAQ:PLUG) had a strong breakout Friday with a pop of 11 cents to 1.89 or 6% on 5.5 million shares, the biggest volume in a couple of weeks. Friday's strength could lead to more upside.

( click to enlarge )

Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) was a nice winner for my readers and twitter followers. I brought this stock to your attention last week sub-10 and on Friday it closed at $12.54 on high volume. As i mentioned on twitter I took some profits at $12 but i will try to re-enter again.

( click to enlarge )

Vital Therapies Inc (NASDAQ:VTL) shares successfully broke the $4 resistance level Friday on high volumes. This is a very bullish development. Short-term technical indicators are looking bullish and the MACD on the daily chart recently produced a new buy signal. If the stock can break the 13-day EMA at 4.17 next week, we should see a strong follow through move.

( click to enlarge )

Juno Therapeutics Inc (NASDAQ:JUNO) has been on a nice uptrend and could be ready to breakout after strong volume in the last trading session. I wouldn't be surprised to see this stock trade back to $45 or better in the short term.

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: AMZN, CHK, GBSN, JUNO, PLUG, TTPH, VRNG, VTL, ZIOP

18:57 | Permalink |

Seven stocks that deserve your attention next week

( click to enlarge )

Second Sight Medical Products Inc (NASDAQ:EYES) is forming an ascending triangle bottom pattern with the neckline resistance near 9.99 and has measured move to 11.80 then 12.71. The technical indicators such as RSI, CMF and MACD are showing buying pressure. Following this technical chart it's predictable that next week the stock price will break to the upside. With the short interest at 25.28% and the short ratio at 9.1 (days to cover) there is a likelihood of a short squeeze in case of a breakout. I went long on Friday ( I mentioned on twitter).

( click to enlarge )

Vital Therapies Inc (NASDAQ:VTL) broke out of the short-term descending channel on the daily chart upon news that an insider bought 14,000 shares. This is an encouraging news as it has been one of the weakest performing in the biotech sector. The short-term momentum indicators are moving into a more favourable position now with the stochastic bouncing back from the extreme oversold levels and the trend indicator MACD has also triggered a new buy signal. Next week we could see an initial move up to 3.91, which is the 9-day EMA. The consensus analyst price target is $12.00.

( click to enlarge )

Sunedison Inc (NYSE:SUNE) pulled back after reaching the 20-day EMA at the beginning of last week. Based on the last candle on the daily chart (Hammer) the pullback might be over. If the stock can break through Friday's high of $11.36, it can resume the upside and advance up to the 12.21/76 price zone.

( click to enlarge )

Facebook Inc (NASDAQ:FB) I continue to believe that a strong close above $92.10 area w/ volume is needed to pave the way for a rally towards the stock's previous peak at $96.10. Traders with short-term perspective can buy the stock in declines with stop at $90.22 (9EMA). Long-term investors can hold the stock with deeper stop at $86.50.

( click to enlarge )

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) had a significant bullish momentum on Friday, made a strong break out of a base and closed above its 13-day EMA for the first time since July as you can see on my daily chart above, which is very bullish. The stock is again setting up for a potential swing trade. From a technical standpoint, MACD and RSI have turned up. Next resistance is located at $2.91 then 3.20

( click to enlarge )

Shares of BlackBerry Ltd (NASDAQ:BBRY) had a nice surge a few weeks ago and has been in the process of consolidating. The stock is displaying upside momentum again and is poised to move higher from these levels IMHO. It seems to be consolidating in a complex bull flag formation, over 7.60 has measured move to 8.50.....curiosities: The short volume ratio declined sharply on Friday....hits the lower level in more than 3 years. In my opinion, there is massive short-covering going on ahead of ERs.

( click to enlarge )

GoPro Inc (NASDAQ:GPRO) is extremely oversold and ready for a technical rise IMO. It is hilarious how much this stock has fallen without a justified reason. What makes the stock compelling is that PEG is now at 0.87, which means the company is undervalued compared to its growth rate. I'll be watching this stock closely for an entry point. We could see a huge bounce next week.

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: ARNA, BBRY, EYES, FB, GPRO, SUNE, VTL

11:50 | Permalink |

AC Investor Blog

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

Sunday, April 07, 2019

Here are a few stocks to watch next week

Saturday, September 26, 2015

Stocks to Watch for September 28, 2015

Thursday, September 24, 2015

Stocks to Watch for September 25, 2015

Saturday, September 19, 2015

Stocks to Watch for September 21, 2015

Saturday, September 12, 2015

Seven stocks that deserve your attention next week

About Me

FREE NEWSLETTER

Support AC

Follow me

Advertising

PREVIOUS POSTS

TRANSLATOR

Site Information

Stock Market Blogroll

Friends BLOGROLL

ARCHIVES