AC Investor Blog

Stocks to Watch for March 24, 2014

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WPCS International Incorporated(NASDAQ:WPCS) Rallied over 5% Friday on solid volume. The stock is trading near the high end of its two-month range. A break of this resistance level would send it to 2.49. Technically, the short term trend for the the stock is still an uptrend. Daily MACD and RSI are also rising. Both indicators suggest increasing upside momentum, thus most likely the stock price will break up and through the 1.92 mark, which will then act as support for the stock price going forward.

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NII Holdings Inc (NASDAQ:NIHD) broke out of an important consolidation area with heavy volume and will likely have the attention of the swing traders in the next sessions. Daily indicators has RSI just above 35 and MACD has a new bullish crossover. This new rally should at least push the stock to $1.53.

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Cliffs Natural Resources Inc (NYSE:CLF) looks like it is starting to turn. On Friday, the stock price decisively broke through its key resistance at 19.59 by gaining nearly 6 per cent accompanied by good volume. From technical indicators, I continue to see a confluence of "buys", with RSI crossing above 50 and MACD heading up.

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Annaly Capital Management, Inc. (NYSE:NLY) bouncing off EMA200 with bullish RSI/Slow Sto divergence. Looks like a resistance breakout setup forming here within the overall uptrend. The buy trigger will be a trade above the 11.51 mark with high volumes.

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Alcoa Inc (NYSE:AA) The ascending triangle formaiton still in play and positioned for a breakout. Double break and a close above the 12.38 level will be my trigger for a buy trade.

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Marathon Oil Corporation (NYSE:MRO) As the stock broke the 200-day EMA and the key resistance level at around 33.80 I believe we should be looking to buy MRO as long the stock price is trading above the broken level, which now acts as a strong support.

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Could Palatin Technologies, Inc. (NYSEMKT:PTN) be on the verge of a breakout in line with the dominant uptrend ? The buy trigger is above Thursday's high of 1.50. All major indicators are displaying bullish signals.

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Ventrus Biosciences Inc (NASDAQ:VTUS) has been floating around 1.36-1.4 for several trading sessions and I still think the stock could see a sharp move higher from here. Daily chart indicates the stock is tremendously oversold, but the RSI is improving and about to leave the oversold territory. MFI is also showing money flowing into the stock, short term has been on an uptrend. If it breaks higher above 1.41 or 9EMA, it could go as high as 1.70.

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: AA, CLF, MRO, NIHD, NLY, PTN, VTUS, WPC

15:47 | Permalink |

Stocks to Watch for March 18, 2014

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Kandi Technologies Group Inc (NASDAQ:KNDI) broke out of the bull flag pattern to new highs today. The stock traded heavy volume as it hit a high of $22.11. This high is the next resistance for Tuesday’s continuation move.

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GasLog Ltd (NYSE:GLOG) looks strong enough to move forward. The stock bounced off support of the 9-day exp moving average and surged nearly 4.5% with good volume. It has the potential for a strong follow through, so watch it closely on Tuesday.

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Ventrus Biosciences Inc(NASDAQ:VTUS) Bulls are attacking the 9-day exp moving average located at 1.43, a break above could trigger a rally towards 1.50 resistance and determine overall bias.There are some signs that the stock is gaining some momentum in recent days. The stock is well oversold and a bull move is probable for the coming sessions. The technical chart shows some divergences on MACD and RSI. Keep an eye on VTUS and be prepared for this upcoming move.

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Idenix Pharmaceuticals Inc (NASDAQ:IDIX) looks to be setting up for a breakout move, which could occur very soon. The stock traded a good volume today as it closed up 27 cents on the day. It is trading near the major level of $7.50, which is resistance for a breakout move. I'm buyer once this move occurs and I expect to see strong volume drive the stock higher.

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: GLOG, IDIX, KNDI, VTUS

21:29 | Permalink |

Stocks to Watch for March 11, 2014

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CombiMatrix Corp (NASDAQ:CBMX) is forming a symmetrical triangle formation on daily with resistance at 3.25. This has a potential target price of 4.70. From a technical standpoint, the MACD just crossed above signal and the ADX chart is showing some strength in this movement, giving the "bulls" the signal they wanted. Watching 3.25 area for a squeeze.

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Arrowhead Research Corp (NASDAQ:ARWR) is flagging near resistance. Only a move above $27.63 could trigger a move higher.

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Alcoa Inc (NYSE:AA) seems to be forming an ascending triangle on daily with resistance at 12.36.

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Ventrus Biosciences Inc (NASDAQ:VTUS) is a stock that could head higher from Monday's close. It's in the process of bottoming and I expect a pop above $1.61 at some point in the coming days.

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Himax Technologies, Inc. (NASDAQ:HIMX) broke out to new highs with a 10% gain. The uptrend is intact and signals further bullishness on this stock. Buyable on a pullback to the pivot.

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I have AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) on my watchlist. It may be ready to break out of this consolidation. The technical chart looks very good. It's a potential breakout play. Momentum picking up with MACD climbing and CMF continues to trend higher. Breakout watch over 1.96

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Merrimack Pharmaceuticals Inc (NASDAQ:MACK) broke a key resistance level at 5.87 pointing the way for further move up. Daily technical indicators such as MACD is confirming the upside movement and the volume was significantly higher today. Next resistance level to watch is $6.46

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: AA, ARWR, AVEO, CBMX, HIMX, MACK, VTUS

21:40 | Permalink |

Stocks to Watch for March 10, 2014

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WidePoint Corporation (NYSEMKT:WYY) The stock has found resistance for the third time around the 1.67 level. I expect a break of this resistance next week as the short-term outlook is now mildly bullish. If the resistance breaks then further gains towards 1.79 or even for a test of psychological 2 may take place. From a technical standpoint, the technical indicators are in bullish zones. The MACD is moving above its signal line in positive territory and the RSI is moving upwards above its 50% level. All five EMAs are rising and the stock is trading above them. In addition, the trend of the indicator ADX is now starting to increase again, which indicates a long signal.

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The overall outlook for Facebook Inc (NASDAQ:FB) stays bullish but the immediate outlook is neutral. The stock is finding the support of 9-day exp moving average currently. If the support holds then further upward gains towards 71.44 and then possibly 71.97 are expected. However, some momentum indicators are showing negative divergences. Hence some caution is required at this point.

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Plug Power Inc (NASDAQ:PLUG) is one of the hottest stocks of Nasdaq right now. The stock has been on a non-stop rally since November of 2013 and yesterday it was once again one of the biggest gainers on the NASDAQ, hitting a new 52-week high of $8.35 during intra-day trading. Watch Monday's action for a possible breakout over 8.35. However, this MONSTER stock needs a rest and I'd would like to see a healthy pullback here to work off overbought conditions.

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Hewlett-Packard Company (NYSE:HPQ) may be close to breaking to new highs here. The stock has been consolidating the past few weeks, trading in a range with top 30.5 and bottom 29. The volume is starting to pick up and there could be a good short squeeze if the stock breaks out above this range with strong volume. Next week will be for sure a key week for the stock. Keep it on watch.

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Terra Tech Corp (OTCMKTS:TRTC) has been doing well this year and last week broke out a short consolidation phase at 60c followed by volume, so keep this stock in your watchlist. A retest of the highs is likely.

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E Commerce China Dangdang Inc (NYSE:DANG) Remains under strong buying pressure, however the stock is in an extreme overbought condition, with the 14-day RSI reaching close to 90. Only a break above $19.05 will open doors for much higher.

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Ventrus Biosciences Inc (NASDAQ:VTUS) Ready for a bounce. The stock price has been floating around this range (1.40/1.50) for several trading sessions in a row and I think we could see a sharp move higher from here. The technical indicator MACD triggered a buy signal last week, conditions are favorable for a set up. The key level of resistance is the $1.77 level or close to 25% higher than Friday's close. I remain patient and holding a long position.

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Rambus Inc. (NASDAQ:RMBS) may be ready to break !! My outlook stays same as last month. A break over 9.81 resistance should take it towards 10.2 to 10.57 resistance area. The psychological pressure of the 10 level may bring some selling pressure but as long as the support over 9.15 holds I expect a break over 10 sooner or later. All Indicators are Bullish, so we could see a continuation of the movement.

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: DANG, FB, HPQ, PLUG, RMBS, TRTC, VTUS, WYY

10:46 | Permalink |

Stocks to Watch for March 05, 2014

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First Solar, Inc. (NASDAQ:FSLR) needs to take out $58.85. The break of the key resistance with good volume should be the next buy point on FSLR The recent increase in trading volume and rising A/D suggests buyers are accumulating stock.

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Vical Incorporated (NASDAQ:VICL) Volume starts to pick up again. The stock price could make a move to the upside. A break of $1.60 with high volume might give VICL room to $1.79. Keep it on your watch list.

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Peabody Energy Corporation (NYSE:BTU) starting to get some momo once again. On the technical daily chart, we can see a few technical signals suggesting that a swing higher may be in the cards in the short-term.

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Ventrus Biosciences Inc (NASDAQ:VTUS) is a Biotech name that looks poised for bounce from bottom. The stock performed very well today, closing up 7% with high volume. Daily technical indicators are showing signs of turning around, with MACD curling up and RSI starting to turn up from deep oversold levels. If the potential "buy" signal confirms itself, I will be looking for a move to the resistance area at 1.7-1.75 at the very least. The company has 32.2M in cash ( $1.62 ps) and has zero debt. It's trading below cash levels and book value.

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Nuance Communications Inc. (NASDAQ:NUAN) broke out of an important consolidation area with a long white candlestick. This new rally should at least push the stock to $16

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: BTU, FSLR, NUAN, VICL, VTUS

22:33 | Permalink |

6 Chart Set-ups to Watch on Wednesday

Hi everyone,

Chart Set-ups to Watch on Wednesday

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Shares of Infinity Pharmaceuticals Inc. (NASDAQ:INFI) broke out of a bullish consolidation pattern that has been a pause in its steep more than 60% up move in December. Look for follow-through on Wednesday with increasing volume to confirm today's move.

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Ventrus Biosciences Inc (NASDAQ:VTUS) broke out above its resistance level today and surged considerably higher amidst impressive buying pressure. The stock is getting some buying and looks poised to post some nice gains if the buying volume persists. I expect VTUS to continue to gain investor interest going forward. Keep it on your watch list tomorrow.

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Strong breakout on Rambus Inc. (NASDAQ:RMBS) with strong volume. Momentum picking up with MACD climbing and RSI rising. Look for a quick run to $6.10 then on to $6.18

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The dip last week to $15.55 might have been an amazing opportunity for investors to buy a few shares of OmniVision Technologies, Inc. (NASDAQ:OVTI). A break of $16.3 with force might give the stock room to $17.

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Gevo, Inc. (NASDAQ:GEVO) The 20-day EMA has been acting as a strong support for the stock and only break below the same could open doors for further weakness.

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Microsoft Corporation (NASDAQ:MSFT) has just closed above its 200-day EMA for the first time since November. This will bring in new eyes on Wednesday for sure. The short-term uptrend is intact and signals further bullishness on this stock.

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: GEVO, INFI, MSFT, OVTI, RMBS, VTUS

22:08 | Permalink |

AC Investor Blog

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

Saturday, March 22, 2014

Stocks to Watch for March 24, 2014

Monday, March 17, 2014

Stocks to Watch for March 18, 2014

Monday, March 10, 2014

Stocks to Watch for March 11, 2014

Saturday, March 08, 2014

Stocks to Watch for March 10, 2014

Tuesday, March 04, 2014

Stocks to Watch for March 05, 2014

Tuesday, February 19, 2013

6 Chart Set-ups to Watch on Wednesday

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