AC Investor Blog

Stock setups for the coming week 15-19 November 2021

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Spi Energy Co Ltd (NASDAQ:SPI) The EV sector is too HOT to ignore this small EV maker. The company reported solid numbers last week, the revenue increased to $79.4 million, up 41% over the $56.4 million generated in the first half of 2020 and the gross profit increased to $7.4 million, up 134% over gross profit of $3.1 million in the first half of 2020. The trend has been established for the stock and it is pointing up. I think we could see $6.5-$7 come quickly, and $8.6 come after that. For anyone who trades small caps, unexpected volume is a great indicator of things to come (LA Show next week). The Company will begin accepting reservations to book orders for EF1-T and EF1-V solar-electric vehicles during the Los Angeles Convention Center. Honestly, I think now is the time to step in and ride what will be an impressive and deliberate rebound in share price. At $5.3 this looks a lot like RIVN and it has the potential to pull a similar move bc it seems way undervalued. On watch.

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Chemomab Therapeutics Ltd (NASDAQ:CMMB) Interesting Institutional buy activity detected last week, for the first time in weeks. Let's see if we can get a move back over $10. Volume history shows this stock won't need too much buying pressure to get it out of single digits land. As I said several times, I will not sell a single share below $40 only if something really bad happens. For some reason institutions are buying again. As usual they have access to inside information, which retailers don't ;)

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Clover Health Investments Corp (NASDAQ:CLOV) The company has done so many positive things in 2021. Currently at $7.17 this stock could be one of those huge high short interest stock runners. Patience is difficult in this market but can also pay off handsomely. I do think this stock will bounce back over $9.10 EMA200

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Vuzix (NASDAQ:VUZI) shares gained more than 15 percent, closing near its highs of the day on strong volume. The stock broke through resistance and out of flag formation. Looks good to go here. Its technical chart shows some bullish signals as both MACD and KD are now going up and the stock breaks above the 200 exp day moving average. Next resistance is now seen at $15.72 Long setup on watch.

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Accelerate Diagnostics Inc (NASDAQ:AXDX) The daily technical indicators are displaying good signs. Watching for a breakout soon.

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DiDi Global Inc (NYSE:DIDI) remains high on my radar due to the recent run up on volume. The daily technical chart is still showing buy signals with stock trading above short-term exp moving averages and MACD on top of 0. Keep an eye for a possible breakout over $9.85

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Ryan Specialty Group Holdings Inc (NYSE:RYAN) broke out to a new all-time high on Friday, accompanied by a solid volume suggesting higher levels. The technical chart still shows a bullish bias. I suspect the stock may continue to appreciate over the coming sessions.

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Newegg (NASDAQ:NEGG) has been pulling back on very low volume. Watch for reversal 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: AXDX, CLOV, CMMB, DIDI, NEGG, RYAN, SPI, VUZI

19:22 | Permalink |

My Watchlist for Tuesday, Aug 15

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Medgenics Inc (NASDAQ:GNMX) had a great move on the upside yesterday and closed above the declining 50-day EMA for the first time since March with volume backed confirmation. I went long as its quite possible we should see a short-term move to 1.85. The technical chart shows bullish sign with +DI line on top of -DI line and MACD rising. There could be good upside in GNMX so watch the stock closely on Tuesday.

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Vuzix Corporation (NASDAQ:VUZI) is setting up to break out and has one more level to go, which is $6.30. Daily technical indicators are looking bullish. The MACD has formed a bullish rounding bottom and crossed above its signal line, while the 9-Day RSI is about to cross into bullish territory. The stock has plenty of room to run and insiders are starting to buy.

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Qualstar Corporation (NASDAQ:QBAK) closed the day just above the break out point after some decent swings. The stock may attempt to go higher from here. The daily technical chart above shows the stock is on a bull market as the stock is trading above all EMAs and in a clear uptrend. Let's keep an eye on it as i think there could be a decent short squeeze.

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Ophthotech Corp (NASDAQ:OPHT) Big reversal candlestick on the daily technical chart on strong volume. The stock closed with an impressive gain of 6% to end the day at 2.71 (above the EMA50) after falling about 10% earlier in the session. This creates a bullish scenario going forward and we might see a strong bounce here. On the daily time-frame, the daily MACD lines and stochastics are all rising supporting the bullish view. If the momentum continues, the initial target price is 3.10, followed by 3.24. Short-term investors can hold with a stop at 2.37

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NVIDIA Corporation (NASDAQ:NVDA) bounced nicely off the 50-day EMA on volume. Based on the chart and price action, i think the stock should test the recent highs soon. On watch.

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Sangamo Therapeutics Inc (NASDAQ:SGMO) Huge run from my alert on twitter/Stockal. The stock broke above the upper line of the "consolidation" range and the volume was also above average.

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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: GNMX, NVDA, OPHT, QBAK, SGMO, VUZI

08:59 | Permalink |

My Watchlist for Thursday, April 20

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Shares of Vuzix Corporation (NASDAQ:VUZI) are starting to heat up and are worth watching. My buy order got triggered when the stock finally broke out of this falling wedge pattern. The breakout was confirmed by a daily close above the EMAs 9 & 13, as well a sharp increase in volume. The accumulation/distribution line is also starting to curl upward, which should eventually lead to price increases. Keep VUZI on your watch list going forward, low float stock, can move quickly. Next resistance lies at $6.75

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Ritter Pharmaceuticals Inc (NASDAQ:RTTR) appears to be forming a bottom. Technical indicators are also turning up. Over 1.10 this could move fast.

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Skyline Medical Inc (NASDAQ:SKLN) successfully close above the key resistance level of 2.42 on very impressive money volume. This is a very bullish development for Thursday. Short-term technical indicators are also strong. If the stock can break today’s high of $2.59, we should see a strong follow through move. Next major resistance level lies at 3.25

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Aldeyra Therapeutics Inc (NASDAQ:ALDX) has a technical chart set to breakout. Watch over $5.30

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Juno Therapeutics Inc (NASDAQ:JUNO) has been in a nice bullish consolidation over the last two weeks and appears ready for another breakout. Keep on watch.

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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: ALDX, JUNO, RTTR, SKLN, VUZI

22:28 | Permalink |

My Watchlist for Thursday, January 05

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Vuzix Corporation (NASDAQ:VUZI) has a very interesting chart as the stock looks to be ready for another good upside move. VUZI traded good volume today over 422k shares and finished up on the day 3.47%, above its EMA50. Indicators are also showing signs of recovery. A move towards $7.75 can be expected as long as $7.09 holds. This stock is a short squeeze candidate.

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Freeport-McMoRan Inc (NYSE:FCX) broke out of a bottom/accumulation pattern. Now, we just need to see on Thursday a confirmation of the reversal. Indicators are turning up.

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GoPro Inc (NASDAQ:GPRO) is in the process of bottoming and I expect a pop above $9.15 at some point in the coming days. Key technical indicators are showing positive divergences.

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Dynavax Technologies Corporation (NASDAQ:DVAX) Watching for $4.45 (EMA50) breakout. All indicators are in favor of an upward price movement.

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Trillium Therapeutics Inc. (NASDAQ:TRIL) Watch Thursday's action for a possible breakout over $6. A break above this key resistance level will confirm the short-term reversal and the following uptrend will take price up to 7.2 zone initially.

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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: DVAX, FCX, GPRO, TRIL, VUZI

22:28 | Permalink |

My Watchlist for Monday, November 28

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Voltari Corp (NASDAQ:VLTC) I have been researching researching the small cap market (low float stocks) for the past couple of days to find a fresh play and finally I have found what I believe to be the perfect opportunity. This stock has a technical set-up that many of my previous winning alerts have had, a small market capitalization and low float. VLTC closed on Friday at 2.70, there was a steady increase in volume towards the end of the week, leading me to believe that this company is starting to attract again some serious attention from investors. As you can see above on the weekly chart, the stock broke the falling wedge pattern to the upside on high volume. For coming sessions, as long as prices hold the support of 2.40 levels (EMA9) could see upside rallies towards 3.70 followed by 4.57 (EMA100) or even higher to 5.50 levels.

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The famous activist investor Carl Icahn has a huge stake in the company (52.69% or 4,739,620 shares). It is interesting to see here also names like Goldman sachs and Morgan Stanley. Plus, this stock has a huge short interest with a short ratio of 15.7. I believe that price may continue its rally next week. A continuation of the rally could cause a short-squeeze situation, and im here to see it happens. For these reasons, i started a position last week (I tweeted my entry order).

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) closed at 1.60 on Friday. The next resistance is at 1.64 and 1.66 respectively. The technical daily chart continue to show a bullish bias. The MACD line is pointing up. RSI is also increasing and is now above the 50% level. Additionally, the stock is forming a Possible Inverted H & S pattern. This is generally a bullish pattern, so a rally could happen. Let's see if the stock price next week will confirm it.

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Im still holding Tokai Pharmaceuticals Inc (NASDAQ:TKAI) with patience for higher expected levels ahead. We need to keep a close eye on the trend line on chart and resistance area. A break and close above it could take the price towards the next resistance area, which is at the EMA50. MACD is rising and CMF is positive, supporting a move higher. On watch.

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Vuzix Corporation (NASDAQ:VUZI) continues to show strength. I think that the continued strong volume on upside moves indicates more than just short covering. Watch the $8.50 level.

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ContraVir Pharmaceuticals Inc (NASDAQ:CTRV) seems to have broken the bullish pennant last Friday (mentioned several times). As such, if it confirms the breakout this coming week, a strong move upward over the next month should be seen. This stock should be closely watched next week.

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Friday was big day for Skypeople Fruit Juice Inc (NASDAQ:SPU) as it broke the trend line mentioned above. I would really like to see some follow-through next week. If it does not blast out of the gates, a buy on the pull back could provide a profitable trade. On watch.

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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, CTRV, SPU, TKAI, VLTC, VUZI

16:39 | Permalink |

My Watchlist for Tuesday, November 08

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Vuzix Corporation (NASDAQ:VUZI) bounced of nicely of support line on volume today. In the afternoon, the company announced that will commence commercial shipments of the M300 this month. The Vuzix M300 is well into its final stages of regulatory testing and approval. It was really nice to hear that and it seems like it will be a good catalyst going forward. Also, per CEO they're working with 40 of Fortune 100 companies with their AR smart glasses. And this release of second generation M300s with Intel Chip will be a huge upgrade to current M100. From a technical standpoint, a bounce till the 7-7.20 levels could come quickly, especially after the roughly 37% drop, that we saw since September highs. Note: Apple's Tim Cook said AR is the next big thing "Tim Cook laid out the playbook for Apple's next big thing" The stock is a short squeeze candidate, with a short float at 18.15% (equivalent to 10 days of average volume).

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Invuity, Inc. (NASDAQ:IVTY) Big reversal candle today on some volume.Will Continue to watch this stock tomorrow. Nice gap over $6

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SYSCO Corporation (NYSE:SYY) Big gap up at the open and continued this great move on much stronger volume. Key indicators on daily charts suggest continuation of positive bias and the stock price is likely to show further up side.

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Gerdau SA (NYSE:GGB) Starting to look strong again. Next buy area when clears the 3.52 level on heavy volume.

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Dicerna Pharmaceuticals Inc (NASDAQ:DRNA) rebounded on heavy volume today. Gonna have to watch it carefully on Tuesday to see if we have hit bottom and should grab some more shares for the ride back up. Note: The company reported Q3 EPS of ($0.68), $0.17 better than the analyst estimate of ($0.85).

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Micron Technology, Inc. (NASDAQ:MU) still looks poised to break higher IMHO. A move above 17.50 would confirm the breakout, with an initial target of 17.93 and secondary target of 18.33

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Hudson Technologies, Inc. (NASDAQ:HDSN) Daily technical chart is displaying upside momentum again. I will be watching this stock closely on Tuesday for a breakout above 7

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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: DRNA, GGB, HDSN, IVTY, MU, SYY, VUZI

22:40 | Permalink |

My Watchlist for Monday, October 31

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Twitter Inc (NYSE:TWTR) still on my watch list for next week. The stock price can potentially set-up well for a swing-trade if it breaks through the key resistance level at 18.37. The MACD is also curling up and about to cross. On the flipside, any close below the $17 level will negate the short-term bullish momentum and can be used as a stop loss.

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Vuzix Corporation (NASDAQ:VUZI) closed Friday at $7 and was trading on high volume, after the company's stock received a price-target boost to $11 by an analyst at Maxim. Based on the stock's price at $7, this implies a potential upside of 56% from current levels. From a technical standpoint, the stock has found a strong support around the $6.9 level that also coincides with the rising EMA200. This area acted as a strong resistance area in June and is therefore likely to now have a reversed role. This suggests higher prices and increases possibility that price will break this downtrend channel (parallel red lines) that is in place since late September. Plus, the positive divergences on MACD Hist and MFI could lead to a new leg higher. On watch.

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Bovie Medical Corporation (NYSEMKT:BVX) Still on my top long list. Good solid stock moving higher on decent volume. 5.69 is the pivot here. If it breaks, we could see 6 quickly. Use the rising EMA9 as stop-loss.

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Royal Caribbean Cruises Ltd (NYSE:RCL) has recently been trading high volume and Friday earnings confirmed the potential reversal trend. If it breaks the previous high, the stock price should be ripe for a long trade. All technicals are looking positive now and the short-term outlook continues to look bullish.

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Huntsman Corporation (NYSE:HUN) Watch Monday's action for a possible breakout over $17.97

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Advanced Micro Devices, Inc. (NASDAQ:AMD) The daily chart is showing a slightly bullish momentum again. Let’s see whether the stock can gather enough momentum to break through 7.50 price level next week. If the Bulls are able to push through this level, there will be another rally towards 8

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Adding Fortinet Inc (NASDAQ:FTNT) to my watchlist. MACD & RSI starting to point up. Nice gap to fill if it can break through $32 price level. Long set-up on watch.

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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, BVX, FTNT, HUN, RCL, TWTR, VUZI

11:50 | Permalink |

My Watchlist for Monday, August 29

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Shares of Vuzix Corporation (NASDAQ:VUZI) are starting to heat up again and are worth watching. The stock broke out last week of a large flag formation. This technical move is very significant and could be marking a new trend higher that is still in the early stages of development. The MACD is also confirming this as it moves to cross up, while the RSI starts to go up. If volume can pick up I think this stock can break through resistance at $8.50 and re-test its recent highs around $9.30. I started a big position in VUZI.

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Adamis Pharmaceuticals Corp (NASDAQ:ADMP) As I expected, the stock had a very strong day on Friday, as the stock broke out of its key horizontal resistance line on the way to closing up 70 cents on the day. Friday’s high was $3.57, which is resistance for Monday’s follow through move. You want to keep an eye on ADMP so you do not miss when the stock does break through resistance.

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Last week's view on First Solar, Inc. (NASDAQ:FSLR) stock remains unchanged. The short-term outlook appears bullish and would remain so as long as the share price holds above $36.75. The immediate resistance is seen at $38.68 and then at $40.02. RSI and MACD are also showing some positive divergences on the daily charts. These technical factors suggest taking a long position with a stop at 36.75.

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There is no change from my previous updates on VirnetX Holding Corporation (NYSEMKT:VHC). I think the stock looks poised to move higher. The short-term trend is bullish and technical indicators suggest the upside bias is still in progress. RSI and the MACD lines are rising up, indicating strength in the upmove. To the upside the 2.93 level has now become resistance. To the downside the 2.53 level is seen as the next support level.

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Zynga Inc (NASDAQ:ZNGA) is showing signs of buying activity at current levels, as the stock has been able to hold up the past few sessions. Resistance level in ZNGA is the high of Friday, which is $2.71. Watch the stock closely next week for a possible move.

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I have Globalstar, Inc. (NYSEMKT:GSAT) on my watchlist due to the recent price action, volume and momentum. Potential swing long above 2.41

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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: ADMP, FSLR, GSAT, VUZI, ZNGA

18:03 | Permalink |

AC Investor Blog

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

Saturday, November 13, 2021

Stock setups for the coming week 15-19 November 2021

Tuesday, August 15, 2017

My Watchlist for Tuesday, Aug 15

Wednesday, April 19, 2017

My Watchlist for Thursday, April 20

Wednesday, January 04, 2017

My Watchlist for Thursday, January 05

Saturday, November 26, 2016

My Watchlist for Monday, November 28

Monday, November 07, 2016

My Watchlist for Tuesday, November 08

Sunday, October 30, 2016

My Watchlist for Monday, October 31

Sunday, August 28, 2016

My Watchlist for Monday, August 29

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