AC Investor Blog

A few stocks on my top watchlist for short term swings

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Eros International plc (NYSE: EROS) has been consolidating in the 1.6-1.85 area. A move above 1.88 would indicate a break out of the flag, with the potential to reach 2.6, my initial target, and then $3 Stop loss 1.59 Note: Earnings on Monday.

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Akerna Corp (NASDAQ: KERN) I think this stock will post a sharp rally from current levels. This was a $72 stock in June and at $14, in my opinion, there is a compelling risk/reward scenario. The risk is the stock continues to fall but the drop is very limit at this point IMHO, the reward is a swift 50-100% type move for this highly oversold stock. The daily chart above does not lie. When a positive divergence in the market occurs, the oscillator is rising but the stock isn't, then this is an indicator that a change in trend is imminent. That trend change for KERN is just getting under way. Im long.

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Valeritas Holdings Inc (NASDAQ: VLRX) The dip on Friday to $2.85 might have been an amazing opportunity for investors to snag a few shares. If recent history for VLRX is any indication of what the future holds, than expect another swift move to the upside next week.

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Sequential Brands Group Inc (NASDAQ: SQBG) has broken out in a big way. This stock could see 75c in swift fashion next week. The volume on Friday has been nothing short of remarkable. Long setup on watch.

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India Globalization Capital, Inc. (NYSEAMERICAN: IGC) has been under slow and steady accumulation over the last several trading sessions. The stock appears to have solid footing in the $1.5's and looks ready to test the $2's. Breakout watch over 1.7

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Phunware Inc (NASDAQ: PHUN) is on bottom and volume watch. Last week this tock saw strong volume and a modest increase in its share price. The line is drawn in the sand here. It will either bounce big or the flame will slowly die out. Keep it on your radar Monday morning. RSI is displaying a positive divergence.

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Workhorse Group Inc (NASDAQ: WKHS) surged to new highs last week amidst a flurry of buying. This stock, once a forgotten a penny stock, has amassed an impressive investor following. The buzz continues to grow in WS with each new high. It is a stock to watch for the foreseeable future. The bias remains to the upside.

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Uxin Ltd (NASDAQ:UXIN) came under some serious buying pressure on Friday and posted a gain of 15%. Considering the money flowing into the stock it doesn't look like this run is just a one day pump. More likely UXIN will hold above EMA50 for some time. Its only a matter of how high it will go. Long setup on watch.

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ShiftPixy Inc (NASDAQ: PIXY) was another high money volume stock on Friday. Keep it on your watch list.

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: EROS, IGC, KERN, PHUN, PIXY, SQBG, UXIN, VLRX, WKHS

18:55 | Permalink |

Chart setups on my watchlist for next week

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Palatin Technologies, Inc. (NYSEAMERICAN: PTN) definitely on watch for Monday trading session. The company announced today that the U.S. FDA has granted marketing approval of AMAG Pharmaceuticals, Inc.'s New Drug Application (NDA) for Vylees (bremelanotide injection), a melanocortin receptor agonist developed by Palatin indicated for the treatment of premenopausal women with acquired, generalized hypoactive sexual desire disorder (HSDD). The FDA's approval of the NDA triggers a $60 million milestone payment to Palatin under its North American license agreement with AMAG. From a technical standpoint, over 1.74 the "sky" is the limit. The stock closed in after-hours at 2.11 with a gain of 57%

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Overstock com Inc (NASDAQ: OSTK) saw its shares surged almost 16% to $11.57 per share Friday after CEO Patrick Byrne told CNN yesterday at the Fortune Brainstorm Finance conference in Montauk, N.Y. that interest for its retail business had picked up. "Two very attractive acquirers that I would have put high up on my list have shown up". Besides that, the break of the $10000 mark by Bitcoin could also fuel the continuation of this rally next week. Key resistance is now located at $12.09, a break above this level will confirm a new bullish trend and the following uptrend will take price up to $14 zone. The daily RSI is moving higher, which is a sign of growing strength in the stock.

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Arlo Technologies Inc (NYSE:ARLO) is gaining some momentum again. The stock has made a strong bounce off of the lows that were posted earlier this month with high volume and closed last week above the 50-day exponential moving average for the first time in months, which is a positive sign. The technical daily chart shows that MACD is rising in positive territory, while the RSI is also gaining strength. Next resistance is located at $4.8 while there is some nice support around $3.84

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Ameri Holdings Inc (NASDAQ: AMRH) this small blockchain play could also benefit from the strong Bitcoin move next week. If a proper breakout happens at 39c we can see a target of 60c (EMA200 is located at 64c)

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Inpixon (NASDAQ: INPX) has posted some impressive moves in the past after forming a base pattern. Stock looks to be bottoming, could see a nice squeeze higher from here. Most of people dont like this company due to its diluition history, but we are here to make another great swing trade not to make investments. Thats said, im long.

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Obalon Therapeutics Inc (NASDAQ: OBLN) is in the process of bottoming and i expect a pop above $1 at some point in the coming days/weeks, and the FORM-S1 on Friday after-hours just confirmed my feeling that some news are about to come very soon. Looking at the daily chart, the accumulation is still there and this, in my view, bodes well for the stock. I don't think it will be long before OBLN is trading much higher form here.

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Dropbox Inc (NASDAQ: DBX) had a very nice day on Friday, breaking out above the $24.65 level on heavy volume. As long as it can hold this level, it looks good for a run to 26.49

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Pieris Pharmaceuticals Inc (NASDAQ: PIRS) keeps going higher, next breakout level to watch is 4.68

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Workhorse Group Inc (NASDAQ: WKHS) bounced nicely off the rising 20-day EMA last week. The stock should test the recent highs and possible new highs in the weeks ahead.

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HEMISPHERX BIOP/SH NEW (NYSEAMERICAN: HEB) CEO acquired 29,404 shares on Friday. The puchasing of common stocks from insiders should give a boost to the disappointing peformance of HEB stock which went from $14.81 per share in April to 52 weeks low of $3.62 per share on Thursday. Im expecting a nice bounce next week.

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: AMRH, ARLO, DBX, INPX, OBLN, OSTK, PIRS, PTN, WKHS

14:35 | Permalink |

Chart setups to keep an eye on next week

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Rewalk Robotics Ltd (NASDAQ: RWLK) is back in play. The stock was one of the winners on Friday, as the stock closed up $1.58 or 30.1% on the day. If the stock can break Friday’s high of $7.10, we should see a continuation move.

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Jaguar Health Inc (NASDAQ: JAGX) was added to my watchlist as a possible bottom bounce-play for next week. Fresh R/S play hitting extreme oversold conditions. Just 1M shares float right now. I took a small position but will increase on the break of 7.50 R/S plays are very HOT and the momentum here will start sooner or later. Timing is everything on these stocks.

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Auris Medical Holding Ltd (NASDAQ: EARS) is another R/S play that I am watching closely. If it clears resistance at $3.13 on volume, the move may be powerful.

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Novus Therapeutics Inc (NASDAQ: NVUS) i still holding. Big catalyst next week and a potential double bottom pattern on daily $2.5 is the first short-term target on a bounce. Crazy Friday after-hours trading basically on no news. Please read the meaning: SEC Form S-1 Definition

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Tilray Inc (NASDAQ: TLRY) has had a rough time over the past months, but Friday’s bounce could be the first move to recovery. Short-term indicators are starting to line up. The chart suggests that stock might find now resistance at $41.77 (declining EMA20). Only a close above this level would suggest further upside.

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Alibaba Group (NYSE: BABA) showing signs of bounce coming MACD cross. It is on the verge of breaking out and it could happen very soon. At this stage it is definitely a wait and see if the resistance will be easily taken out by the bulls $156.11 break out watch.

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Blackberry (NYSE: BB) could be in the early stages of a technical breakout. Daily Momentum indicators are showing bullish signals supported by rising MACD and RSI on charts. The major resistance level for stock is located at $8.12 A close above would be very bullish. Keep it on your watch list going forward.

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Another great trading week for Workhorse Group Inc (NASDAQ: WKHS), however the buying pressure appears to have eased (see decreasing buying volume). Anyway, If the money continues to flow into this stock next week, you could expect more gains. Play it with tight stops.

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: BABA, BB, EARS, JAGX, NVUS, RWLK, TLRY, WKHS

22:31 | Permalink |

Stocks to keep an eye on May 30, 2019

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Beyond Meat Inc (NASDAQ: BYND) cleared resistance on heavy volume and looks ready to extend its gains.

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I have been accumulationg shares of Novus Therapeutics Inc (NASDAQ: NVUS) the company has two catalysts coming up in June. Could history repeat itself? Let's keep things simple as always. Short term momentum indicators, like MACD, RSI, Stochastics are substantially oversold and showing technical signs of a reversal. Everytime the RSI has breached the level 20, has lead to a massive rally. Plus, the upcoming catalysts could also fuel a huge short covering rally after a strong drop from April highs 4.31. Let's keep an eye on NVUS as i think momentum will pick up.

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I continue to support the idea of a significant rally on shares of Workhorse Group Inc (NASDAQ: WKHS) based on the technical chart. The stock is getting a battle with resistance at $1.80 area. The stock has been consildating for weeks now, and may be ready to clear this resistance zone. The technical daily chart shows positive sign as the stock has been above all key exponential moving averages and has formed a golden cross last week. A Golden cross is when 50-day EMA crosses on top over 200 EMA and is a very bullish buy signal. Over 1.85 next stop 2.33

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Rewalk Robotics Ltd (NASDAQ: RWLK) finally broke the upper line of the downtrend channel and started the new uptrend which should take it to $5 in the short-term. On the technical side, MACD and ADX all point to upward trend while RSI is also rising.

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Amarin Corporation plc (NASDAQ: AMRN) Closed yesterday above the downtrend line and looks like it will continue to run up. Buyable on pullbacks to pivot.

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Qutoutiao Inc (NASDAQ: QTT) looks like it is getting ready to move. It has a good support around 4.6-4.7 which can be used as a stop loss for a short-term long position. On the upper side, the move is likely to accelerate above $5.40. Long setup on watch.

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Citigroup Inc (NYSE: C) watch the break of $64 for a run to $66.09

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: AMRN, BYND, C, NVUS, QTT, RWLK, WKHS

10:21 | Permalink |

Tuesday Stocks To Watch

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Immunic Inc (NASDAQ: IMUX) is finally starting to break out. The stock hit bottom in the low $8.60's and has started to work its way higher. On Friday, it was up over 21% on a breakout type move. The stock has a history of vertical rallies, as shown on the daily chart above and if this rally does come to fruition a quick 20-35% gain, possibly much more, is not out of the question. The chart also looks to be turning higher. I think short-term it will break back over $13 and could test $15

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Workhorse Group Inc (NASDAQ: WKHS) looks to be turning the corner on the chart after falling steadily over the last few weeks. Seeing if it will continue its upward move tomorrow. Worth adding to your watchlist. Could squeeze over 1.85

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Outlook Therapeutics Inc (NASDAQ: OTLK) I covered this stock on my blog and twitter as a potential bottom play this month. The stock is up over 200% since I brought it to my readers. It was one of the winners on Friday, as the stock closed up 83 cents on the day with high volumes. From a technical standpoint, the stock still in a short-term Bull Market with share price above 9, 13 and 20 EMAs. Watch the break of 3.35 for next leg up.

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Aphria Inc (NYSE: APHA) is displaying a new upside momentum on chart and looks poised to move higher from these levels. Expect an initial run up to its declining 50-day exp moving average at $7.87

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New Age Beverages Corp (NASDAQ: NBEV) I like the idea of getting long here with a stop below the rising 200-day EMA. The MACD is making a bullish crossover and the RSI is also rising. Could pop over 5.65

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Arrowhead Pharmaceuticals Inc (NASDAQ: ARWR) broke resistance to new highs Friday. The stock traded heavy volume as it hit a high of $24.30. This high is the next resistance for Tuesday’s continuation move.

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InspireMD Inc (NYSEAMERICAN: NSPR) Bottom traders are attacking again. There are some signs that the stock is gaining some momentum in recent days. It 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 NSPR and be prepared for this upcoming move.

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Roku (NASDAQ: ROKU) has traded in impressive fashion over the last several trading sessions. For now, buying dips are working well. Traders with short-term perspective can hold the stock as long as it trades above its uptrending 9-day exponential moving average.

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: APHA, ARWR, IMUX, NBEV, NSPR, OTLK, ROKU, WKHS

19:55 | Permalink |

Interesting setups that you should watch next week

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Overstock com (NASDAQ:OSTK) broke the downtrend line with a nice volume and 9 &13 EMA to the upside and as long as $13 level holds we see upside continuation. Yesterday, bulliish candle on a read market confirms the strength of bulls and it gives us a buyl opportunity. MACD and RSI also confirms the price reversal. Next major resistance lies at 15.61 (EMA50)

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Co-Diagnostics Inc (NASDAQ: CODX) The price broke the downtrend line and moved above the short-term EMAs. It gives us a signal that the stock becomes bullish and we have to search for buy opportunities. The bullish divergence on indicators also tells us about possible trend reversal. DMI is turning positive just as MACD has already done. It appears a reversal to the upside is underway. This stock should be able to rally into the gap zone. I entered long last week.

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Biopharmx Corp (NYSEAMERICAN: BPMX) is still in bottoming mode it looks like. The technical indicators are looking better now for the stock. The daily MACD is starting to rise, confirming a bullish divergence has taken form. As I mentioned earlier on twiiter, BPMX has had days when it exploded out-of-the-gates and made tremendous gains. We know that past performance is not always a guarantee of future performance, but we could learn from how BPMX has reacted in the past when it reaches extreme oversold conditions and in the past this stock has made double-digit moves upwards within one day. The stock has the potential to make a big run next week, so keep a close eye on it and don’t miss the trade. As i tweeted, im long.

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Marathon Patent Group Inc (NASDAQ: MARA) had a great move on the upside Friday, fueled by the strength of Bitcoin and closed at $2.92. The stock is setting up to break out and has one more level to go, which is $3.05

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Cool Holdings Inc (NASDAQ: AWSM) broke out from a falling wedge 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. Next immediate resistance lies at 3.66 (EMA200).

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Village Farms International Inc (NASDAQ: VFF) price broke a consolidation resistance line with heavy volume. The technical daily chart shows buyers are back. With the surge this week %K line is again on top over %D line showing the stock is back to new rally. Also +DI crossed above -DI. A move towards $14 can be expected as long as $11 holds.

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Mustang Bio Inc (NASDAQ: MBIO) wants to break out and move higher. If we close above 4.5, we can run to 5 easily.

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Workhorse Group Inc (NASDAQ: WKHS) I think stock should pullback to $1.73 per share before making the next move. If support holds, then it'll advance again to a new high, but if support fails, then the next level of support is at $1.57. Any fall below this level will ring my alarm bells and would signal a definite reversal.

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Uber (NYSE: UBER) The first IPO day was a huge disappoint as expected. Stock needs to hold the $41 in order to avoid another sell-off.

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: AWSM, BPMX, CODX, MARA, MBIO, OSTK, UBER, VFF, WKHS

16:51 | Permalink |

AC Investor Blog

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

Saturday, July 13, 2019

A few stocks on my top watchlist for short term swings

Saturday, June 22, 2019

Chart setups on my watchlist for next week

Saturday, June 08, 2019

Chart setups to keep an eye on next week

Thursday, May 30, 2019

Stocks to keep an eye on May 30, 2019

Monday, May 27, 2019

Tuesday Stocks To Watch

Saturday, May 11, 2019

Interesting setups that you should watch next week

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