AC Investor Blog

Stocks to Watch for September 01, 2015

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BlackBerry Ltd (NASDAQ:BBRY) showed relative strength today compared to rest of market, which is a very good sign. The daily technical chart shows new rally has begun as %K line has crossed on top of %D line and price broke through the major resistance of $7.50. This new rally should at least push the stock to $8 in nearest term.

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Shares of Lion Biotechnologies Inc (NASDAQ:LBIO) continue to surge. The stock is strong and getting stronger every day it seems. If it can close above $7.50 tomorrow, then expect more upside. Present technical indicators are in favor of Bulls. Im long.

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Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) I do not like to speculate but it's clear that something will happen soon. After the morning sell-off, the stock has rebounded extremely well accompanied with huge volume, which make me think that there is something going on. Im still playing on the long side, holding my position and waiting for the possible deal.

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Western Digital Corp (NASDAQ:WDC) is showing early signs of reversal. A high volume move through the 82.95 price level would be buyable. The MACD is showing a positive divergence and the RSI is back above the 50 reading forcing me to think the possibility of a trend reversal.

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: ARIA, BBRY, LBIO, WDC

22:30 | Permalink |

Stocks to Watch for December 08, 2014

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Image Sensing Systems, Inc. (NASDAQ:ISNS) was one of the stronger stocks on Friday, as the stock closed up 94 cents on strong volume. The stock hit a high of $4.13, which is resistance for Monday’s move. On the technical side, the chart looks very good here. The stock broke through $3.50 resistance and closed above its 200 EMA. The MACD indicator is still rising and above the technical signal line. Also, the ADX chart has given some strength to this movement. Watch for follow-through next week.

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Novavax, Inc. (NASDAQ:NVAX) The stock looks like is close to attempting a new breakout. NVAX hit a high of $5.50 on Friday but failed once again to close above that resistance area. I expect to see a high volume move once the stock breaks through resistance as traders are watching this stock closely.

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Kraft Foods Group Inc (NASDAQ:KRFT) looks poised to move higher after a nice healthy consolidation. The stock has a good base which can be used as a stop loss for long position. On the upper side this move is likely to accelerate above $60.30. Short-term investors can hold the stock as long as it trades above its 20EMA.

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Omnicell, Inc. (NASDAQ:OMCL) has gained momentum and the stock rebounded about 5% in the last trading sessions on increased volume. On Friday, the stock closed near its critical breakout point of 33.15, which may be broken out soon. If it crosses this hurdle, the stock price has potential to gain 4-6%

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Western Digital Corp (NASDAQ:WDC) made a new 52-week high of $105.21 in yesterday's session. After Friday's price action, the stock trend looks now more positive and could move up further with resistance at $106.05 then 108.83.

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NQ Mobile Inc (NYSE:NQ) is a stock to watch next week, after the news that the hedge fund ChinaRock Capital Management Ltd. disclosed a 14.82%, stake in the company. In addition, the call options have been very active in recent days, showing a more bullish stance. It is a serious short squeeze candidate. Stay tuned.

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: ISNS, KRFT, NQ, NVAX, OMCL, WDC

16:03 | Permalink |

Stocks to Watch for September 8, 2014

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Apple Inc. (NASDAQ:AAPL) stock continues to show relative weakness to the market and the chances of a pullback to its 50-day exponential moving average remain intact. Investors and traders should beware of the heavy selling volume that occurred on Wednesday's ugly-looking reversal day. Only a break and close above the $100 level on higher volume would shift the near-term bias back to the topside for a potential move up toward 102.5 next. For now, the near- term trend remains bearish for an immediate target of 96.56 (EMA50).

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Facebook Inc (NASDAQ:FB) It's worth a look next week, as the stock exhibited good relative strength on Friday closing near the all-time high that it hit earlier this week. At this point, an ideal opportunity to open a new long position would be when it breaks out its Sept 3 peak of 77.48 on higher volume. A stop-loss should be located at 74.73 (EMA20).

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Bitauto Hldg Ltd (NYSE:BITA) The daily chart is exhibiting signs of topping. Indicators are displaying negative divergences as they failed to make new highs as highlighted in the chart above, so the Bulls have to be cautious.

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Yelp Inc (NYSE:YELP) The near-term indicators are now declining and displaying negative divergences. The daily MACD is about to roll over into a new sell signal as highlighted in the chart above. This could be just the start of a new leg down for the stock targeting the 70 level.

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Rediff India Limited (NASDAQ:REDF) Thin name. It made a strong breakout last week from symmetrical triangle. A long position can still be opened using the 200-day EMA as line of support.

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Western Digital Corp (NASDAQ:WDC) stock is starting to break down. The stock seems to have broken a rising wedge last week on decent volume. Additionally, note that the MACD line continues to slope downwards. We could see levels of 98 in the short-term easily.

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, BITA, FB, REDF, WDC, YELP

09:13 | Permalink |

Stocks to Watch for Aug 15, 2014

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Neurometrix Inc (NASDAQ:NURO) closed on Thursday at 1.85, advancing 8.8% with relatively high volumes. This stock shows clear signs of bottoming-out, gaining +15% in the last five sessions. The bullish MACD crossover and the candlestick pattern on daily charts suggest higher probability for a break out for the stock at 2.11 (EMA200) to show further up side in the near term. I think investors are buying ahead of news for NC-stat DPNCheck in China. NC-stat DPNCheck is a rapid, accurate and quantitative point-of-care test for early detection of diabetic peripheral neuropathy, which affects over half of people with diabetes. I still holding my long position. I believe this stock has a potential to hit 4 or more by end of this year. Stop 1.44

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BlackBerry Ltd (NASDAQ:BBRY) is getting ready to come out of a nice basing pattern. Trajectories of some key indicators suggest high probability for an immediate sharp up move for the stock. A close above $9.60 gets the party started.

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Twitter Inc (NYSE:TWTR) closed Thursday's trading session at 45.33 inching up by 2.67 per cent with relatively solid volumes of 23 million shares traded. The stock price demonstrates positive outlook by managing to stay above all major EMAs, supported by the positive momentum indicators on daily charts. On the up side, the immediate resistance is likely for the stock at 46.12.

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J C Penney Company Inc (NYSE:JCP) potential breakout play today.

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Sodastream International Ltd (NASDAQ:SODA) If we reclaim the EMA50 and hold, i expect a rapid move toward 36 area. The outlook continues to be positive for the stock as it manages to stay above the 31 level supported by positive moves of momentum indicators. Worth keeping an eye on.

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Western Digital Corp (NASDAQ:WDC) closed the previous trading session at 100.36. The stock price demonstrates weakness by slipping below short-term EMAs on daily charts, supported by the trajectories of the momentum indicators. The stock price is likely to test immediate support at 96.70

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Halozyme Therapeutics, Inc. (NASDAQ:HALO) Looks like it is getting ready for a breakout soon. A high volume move through the 10.23 price level would be buyable.

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: BBRY, HALO, JCP, NURO, SODA, TWTR, WDC

10:28 | Permalink |

Stocks to Watch for March 21, 2014

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Oncolytics Biotech, Inc. (NASDAQ:ONCY) This technical chart above shows a possible rounding bottom formation with a potential rally back to resistance at $2.40 as the next swing for the stock. A move above the neckiline is required to trigger an upside breakout and another run. Stock price has been moving sideways in short term to build up momentum and the latest price rebound on strong volume, is another good indication that the stock is likely to test the previous high at 2.70 if the neckline of the rounding bottom at 1.92 is penetrated. Stay tuned !!

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Intel Corporation (NASDAQ:INTC) finally broke out of the consolidation range that I've discussed recently. We can see in the chart above that the breakout was clean on strong volume, indicating that more upside is possible in this stock. The price can move up to $25.79-$26.21 in the short-term.

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Broadcom Corporation (NASDAQ:BRCM) gained nicely today and made a new 6 month high at $31.47. The technical daily chart above shows the stock is on a bull market as it is trading above both 50-day and 200-day exp moving average and the 50-day exp moving average is on top of 200-day exp moving average heading upwards. Other indicator, such as MACD is above 0 showing positive momentum, while RSI also shows buy signal. Looks good for higher prices.

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Lattice Semiconductor (NASDAQ:LSCC) is still trading around $8 which has been a strong resistance over the past several days. I plan to buy the stock if it can break this key resistance level. The trend is still up.

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Western Digital Corp (NASDAQ:WDC) showed some strength today. The stock closed nicely above the major short-term EMA levels with solid volume. At this level, we should see the stock retest the next pivot point located at $89.79 followed by $90.44. The support level is adjusted to $85.18.

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I have Samson Oil & Gas Limited (NYSEMKT:SSN) on my watchlist. It may be ready to break out of this base. Bullish MACD cross on daily. Potential swing long above 52c (200EMA).

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: BRCM, INTC, LSCC, ONCY, SSN, WDC

22:09 | Permalink |

Hot Stocks to watch on 26 July 2012

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Shares of AOL, Inc. (NYSE:AOL) surged 7.2% to $29.48 per share breaking out an important resistance with heavy volume. We should be able to see some decent upside movement for the bulls here. Technically, the stock still in a very strong bull market with MACD on top of signal line and 50-day moving average on top of 200-day moving average. Wednesday’s high of $29.60 is resistance for the next upside move.

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Western Digital Corp. (NASDAQ:WDC) is trading higher after hours, as the company released strong earnings. For tomorrow, the levels to watch on upside will be at 34 and 37.

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Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) had a nice breakout today. If the stock can break today’s high of $105.32, we should see a strong follow through move. The stock will move very quickly, so keep a very close eye on the stock.

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Medivation, Inc.(NASDAQ:MDVN) B/O into all time highs on expanding average volume. The short-term uptrend is intact and signals further bullishness on this stock. Buy the stock in dips with stop-loss at $88.75.

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The Gap Inc. (NYSE:GPS) made a 52-week high but gave back some gains. If it can break above $29.59 tomorrow, then expect more upside.The technical chart shows GPS is on a strong bull market as the stock is trading above 50-day and 200-day moving averages.

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: ALXN, AOL, GPS, MDVN, WDC

22:39 | Permalink |

Breakout setups on watch

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Lululemon Athletica inc.(NASDAQ:LULU) had a nice breakout today, up 1.88, or 2.54%. Resistance was taken out with a thrust and could lead to more upside. Look for a target at about 79-81 short-term. I'll be watching LULU on Friday for a continuation of this breakout. The trend is still bullish as the stock is still on top of 20-day and 50-day moving average with both moving averages going up. Other good news, the MACD is perking up and the OBV is moving up. Honestly, I believe the stock has room to go higher. Watch the stock closely on Friday.

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Western Digital Corp. (NYSE:WDC) broke out from a rectangle pattern accompanied with high volume. We should be able to see some decent upside movement for the bulls here. A positive MACD cross has occurred and RSI is moving up strongly.

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Starbucks Corporation (NASDAQ:SBUX) stock broke out to new highs today on 2x the daily avg. volume. Looks good for higher prices.

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Constellation Brands, Inc. (NYSE:STZ) - Broke out today on good volume. No resistances above.

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Mindray Medical International Ltd (NYSE:MR) continued its move up having broken out from an ascending triangle pattern a few days back.

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: LULU, MR, SBUX, STZ, WDC

22:33 | Permalink |

WDC Pull back , CVTX Breakout

Chart courtesy of stockcharts

Western Digital shares were down on Monday more than 4% or 0.81$ to 18.97$ after J.P. Morgan downgrade the stock to neutral from overweight. J.P. Morgan cited concerns about still-tenuous pricing dynamics in desktops and notebooks, increasing manufacturing parity and potential for a slowdown in Western Digital's notebook and retail revenue momentum. The technical chart shows that stock is trading in a Bullish Mode since the lows of April, after that stock initiated a rally from 16.50 to 20.25$ in just two months, gaining nearly 20% ( actual values ). Almost all indicators still continue in Bullish area, however the sentiment in stock has changed in the short term according to the CCI and RSI indicator, both are losing ground and CCI already crossed below 100 a sign of weakness. In my opinion stock initiated just a correction after recent rallies, anyway pay attention to 18.70$ ( 200 dma ) that is the major support for an eventual continuation of drop in share price.

Chart courtesy of stockcharts

Looking at the chart above stock broke out 11.50$. Indicators are all in favor of Bulls with K line back above D line and MACD back above 0. In addition stock is trading above 50 dma and 200 dma. Gap was finally filled.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's all. Have a nice evening !!!

AC

Labels: CVTX, WDC

19:10 | Permalink |

AC Investor Blog

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

Monday, August 31, 2015

Stocks to Watch for September 01, 2015

Saturday, December 06, 2014

Stocks to Watch for December 08, 2014

Saturday, September 06, 2014

Stocks to Watch for September 8, 2014

Friday, August 15, 2014

Stocks to Watch for Aug 15, 2014

Thursday, March 20, 2014

Stocks to Watch for March 21, 2014

Wednesday, July 25, 2012

Hot Stocks to watch on 26 July 2012

Thursday, March 22, 2012

Breakout setups on watch

Tuesday, June 19, 2007

WDC Pull back , CVTX Breakout

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