-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

Wednesday, February 08, 2017 

My Watchlist for Thursday, February 09

( click to enlarge )

Wendys Co (NASDAQ:WEN) is still trading around the $14 level which has been a strong resistance over the past weeks. I plan to buy the stock if it can break Wednesday's high of $14.09. The trend is still up.

( click to enlarge )

Still watching Cellectar Biosciences Inc (NASDAQ:CLRB), will buy on a close above $1.85 (declining EMA100).

( click to enlarge )

Vical Incorporated (NASDAQ:VICL) has a chart set to breakout (EMA50). Today, the stock traded more than 662K shares, ten times higher than average and ran as high as 6% from Tuesday’s close. I strongly believe this bullish momentum to continue into tomorrow’s trading session. New bullish MACD cross has occurred on the daily chart. Potential swing long above 2.34 targeting the 2.8 area.

( click to enlarge )

I have ContraVir Pharmaceuticals Inc (NASDAQ:CTRV) on my watchlist for Thursday. It might attempt to breakout above $1.65 level again and if it succeed we should expect a strong move to the upside.

( click to enlarge )

DragonWave, Inc.(USA) (NASDAQ:DRWI) There are some signs of a possible bounce at this point due to the extreme oversold conditions and some positive divergences on MACD, which often leads to short covering. A reversal may be on the way. Im long.

( click to enlarge )

BlackBerry Ltd (NASDAQ:BBRY) we start to see now some signals of rebound as the daily technical chart shows positive momentum is back. Nearest resistance for the stock is at $7.35. If this level is crossed and the stock is able to sustain above this level, then it might go to $8

( click to enlarge )

Nivalis Therapeutics Inc (NASDAQ:NVLS) surged in the final hour of trading closing at 2.41. The real fireworks should begin if the stock price can close above $2.53. The accumulation line is starting to curl upward which should eventually lead to price increases. Keep it on your watch list going forward.

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: , , , , , ,

Bookmark and Share

22:33 | |

Wednesday, May 06, 2015 

Stocks to keep an eye on May 07, 2015

( click to enlarge )

ZIOPHARM Oncology Inc.(NASDAQ:ZIOP) is a very interesting stock that had a big move this year. It has been in a bullish consolidation over the last two months and the consolidation has taken the form of a wedge or triangle with higher lows. A positive divergence is setting up between price and the MACD histogram (Bullish). Breakout watch over $10

( click to enlarge )

Hemispherx BioPharma, Inc (NYSEMKT:HEB) has already started its uptrend and I believe the momentum is pushing for a breakout. The stock has recently witnessed growing volume levels. A break through 28c could lead to a target area of 33-35c. This play is clearly on the move.

( click to enlarge )

Wendys Co (NASDAQ:WEN) has started to bounce and broke out of a descending channel today on above average volume. The stock seems to be ready for another run up. Some technicals are turning up here. Further strength above 11.44 opens the door to new highs.

( click to enlarge )

IAC/InterActiveCorp (NASDAQ:IACI) finally broke above key resistance in today's trading session after a period of consolidation. I like this stock and will be watching it again on Thursday, expecting to see a continuation move. Resistance for tomorrow is $74.04, which was today's high.

( click to enlarge )

Sabre Corp (NASDAQ:SABR) Flagging for a move higher. Watch for a break over 26.04 on volume.

( click to enlarge )

Signature Bank (NASDAQ:SBNY) had good volume and a nice candlestick today. Daily technical indicators are bullish. Watch for break above 138.17 on vlm and go long.

 Benzinga Professional is my streaming platform. It is still available for you with a symbolic cost of just $ 1 for the first month. This is one of the best programs to use on a daily basis and that easily pays for itself. Just click on the image above and get started TODAY!.

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: , , , , ,

Bookmark and Share

23:03 | |

Saturday, October 26, 2013 

Stocks to Watch for October 28, 2013

( click to enlarge )

Royale Energy, Inc. (NASDAQ:ROYL) is a low volume small cap that may be poised to move higher. The company reported great earnings last week. Entry point would be on the day it blows through $2.8 on heavy volume. The technical daily chart above indicates bullish sign as the 9-day EMA has crossed above 13-day EMA with RSI going up and MACD near the positive territory. If the stock can get above 2.8, it would likely start to create a short covering as the short % of float is about 14% currently, and 14 days to cover ;)

( click to enlarge )

AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) had a very bullish move last week breaking several resistance lines with large volume. Looking at the technical daily chart above, although the moving average still shows weakness as 50-day EMA is below 200-day EMA, positive momentum seems to be back as the stock is back above 50-day EMA. Plus, MACD is also back above "0" indicating the stock is back in bull market. Also note the HUGE volume over the last days, indicating the stock is under accumulation. AVEO Pharmaceuticals has $3.04 per share in cash and has zero debt. According to Forbes, article published on 9/17/2013, the Billionaire and legendary hedge fund manager, Seth Klarman of the Baupost Group owns more than 7% of this stock.

( click to enlarge )

Walter Energy, Inc. (NYSE:WLT) is forming a ascending triangle formation on daily. If it breaks, we could see 20 quickly.

( click to enlarge )

First Solar, Inc. (NASDAQ:FSLR) Looks like a bullish pennant formation here. Play accordingly.

( click to enlarge )

Trina Solar Limited (NYSE:TSL) Short-term indicators are showing signs of weakness. Consider taking partial profits if it breaks the 20-day EMA.

( click to enlarge )

The Wendy's Co (NASDAQ:WEN) As long as the stock holds above the $8 support level the intermediate-term picture should remain positive. Fresh exposures may be considered on a move past $8.88, with a short-term stop-loss at $8.5

( click to enlarge )

Fastenal Company (NASDAQ:FAST) Potential breakout play. Watching over 51.34 with resistance at 52.57.

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: , , , , , ,

Bookmark and Share

17:42 | |

Saturday, August 31, 2013 

Stocks to Watch for September 3, 2013

( click to enlarge )

Zillow Inc (NASDAQ:Z) jumped 83 cents or 0.87%, Friday to close at 96.45, less than $2 below its all-time high and major resistance at 98.40. If the stock breaks its 52-week high in the coming days, we could see the stock reach $100 per share. As long as the stock stays above the support level of 80 and the rising 50-day EMA, the bullish trend remains intact.

( click to enlarge )

Tesla Motors Inc (NASDAQ:TSLA) jumped 2.94, or 1.77%, Friday to 169, breaking out of a bullish pennant formation on the 2H chart (As I mentioned on Twitter ). The stock hit a 52-week high of $173 on August 26th, but has pulled back the past few days. TSLA is setting up to make a move back to highs and I will be watching. The technical 2H chart shows very strong upward momentum as the stock is trading above all key exponential moving averages with positive technical indicators, such as an upward-trending A/D.

( click to enlarge )

Charles Schwab Corp (NYSE:SCHW) continues to show relative weakness. The stock rejected the 50-day exponential moving average on Friday at 21.27 and seems to be heading for support in the $20.3-20 zone.

( click to enlarge )

The stock has spent several days consolidating under resistance at $285. Now Amazon.com, Inc. (NASDAQ:AMZN) shares look headed for support near $270. From the technical chart, both MACD and RSI show bearish sign.

( click to enlarge )

The Wendy's Co (NASDAQ:WEN) has begun to correct after hitting new 2013 highs last week. Following that move, we can expect a pull back with short-term support at $7.5 and strong support in the $7.25-7.11 zone. I am not suggesting long positions at this time.

( click to enlarge )

The recent insider buying of 258,361 shares at 1.649 and 338,087 shares at 1.744 is a strong indication that "insiders" are now bullish about the company. If shares of Oncothyreon Inc (NASDAQ:ONTY) continue to get purchased by insiders in large amount, things could get very interesting. When insiders buy shares, it's a strong sign that positive things are coming. This is a company with a $99.22 million market cap. and 69.6 million in cash. From a technical standpoint, a solid base has been established around the 1.60-1.75 zone and I believe that the stock is poised to break through the 1.80 mark soon. I'm currently accumulating this stock.

( click to enlarge )

Rite Aid Corporation (NYSE:RAD) is still coiling just under $3.62 and appears about ready to make a new breakout soon. Hold the stock with a stop at $3.14 (EMA50)

( click to enlarge )

Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) The short-term uptrend continues and resistance at $6.25 is weakening. The MACD is about to make a bull cross.

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: , , , , , , ,

Bookmark and Share

09:53 | |

Contact

About Me

    Photobucket

  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

    • Benzinga.com supporter

    Benzinga.com supporter



    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Follow me

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    PREVIOUS POSTS

    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google