AC Investor Blog

Stocks to Watch for Aug 20, 2014

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Petroleo Brasileiro Petrobras SA (NYSE:PBR) showed buying strength all day on Tuesday. The stock is on the verge of breaking out and it could happen soon. If it breaks 17.70 the stock will absolutely fly into the 18's right away. Keep it on watch.

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Avago Technologies Ltd (NASDAQ:AVGO) broke out to all-time highs during today's session to $76.62 per share, however in the final hour the stock price retracted closing at $75.62. Let's see if on Wednesday the stock will confirm intraday breakout.

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Xilinx, Inc. (NASDAQ:XLNX) On watch for a potential gap fill trade. 42.54 break should get this moving.

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Bitauto Hldg Ltd (NYSE:BITA) is overextended and a possible pull back to $75 or $71 is not out of the question IMHO. Today's high volume on a negative candle could give a clue, possibly meaning the move is losing some strength.

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Baxano Surgical Inc (NASDAQ:BAXS) has fallen hard over the past several weeks and looks ready for a rebound. President and CEO bought some shares last week. The technical daily chart is not only oversold but also shows a stock ready to post a sizeable bounce. Stop 35c

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J C Penney Company Inc (NYSE:JCP) Had a nice breakout with a pop of 38c to 10.25 or 3.85% on 48 million shares. Technical chart shows a bullish sign as the stock is back on top of 200-day EMA with MACD rising and in positive territory.

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: AVGO, BAXS, BITA, JCP, PBR, XLNX

23:18 | Permalink |

Potential setups for next week

Hi everyone,

Here are a few stock winners from last week watch list : Zynga Inc (ZNGA), Pacific Ethanol Inc (PEIX), Tesla Motors Inc (TSLA), Huntington Bancshares Incorporated (HBAN), Chipotle Mexican Grill, Inc. (CMG), Sears Holdings Corporation (SHLD), Dendreon Corporation (DNDN), Adobe Systems Incorporated (ADBE), Boyd Gaming Corporation (BYD)

The action in the market continues to be very strong as we make new higher highs on SP500, therefore my bias is on the bullish side. Also, economic data continues to show strong improvements. Here are some more potential setups for next week.

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First Solar, Inc. (NASDAQ:FSLR) is one of the stocks I'm following which has a very nice rising channel pattern with higher lows and higher highs. It pulled back on low volume Friday, holding support at the 20-day EMA (30.01). Could move again soon. The bullish scenario in short-term still intact so we must see this bearish momentum just as a correctional movement. My model remains mixed with upside bias. On a medium-term basis, the next target is somewhere up around the 39-40 zone.

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Still keeping my eye on Inteliquent (NASDAQ:IQNT). The stock seems to be forming an ascending triangle with resistance at approximately 3.15. Once that level is breached on a closing basis that holds, the next target is $4. All short-term EMAs are rising and the stock is well above. At this point, the technical indicators are supporting the bullishness. The MACD is moving up in the positive zone and is above the signal line.

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VIVUS, Inc.(NASDAQ:VVUS) made a big move last week, the stock was able to move past several important levels of resistance in just a week. On the chart, shares are breaking 1 month downtrend and currently forming a bullish consolidation flag above its 200-day EMA with next resistance at $13.96 and $14.84. VVUS also has 28% of its float short, 4 days to cover. Long setup.

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The long awaited break of its 200-day EMA is just one step away. Watching for $5.68 breakout. The technical chart above shows very bullish sign as the stock is on top of 20-day EMA with it also on top of 50-EMA. In addition, RSI is still above the 50-line and heading north. If you haven't added RMBS to your watchlist, now is the time.

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Apple Inc. (NASDAQ:AAPL) has recently been trading with increased volume and is about to test resistance at $480.58. The stock needs to close above this level to indicate a continuation of the rally and the following uptrend will take price up to $500 zone.

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Xilinx, Inc. (NASDAQ:XLNX) had an interesting day on Friday, as it broke out of the range and closed near the highs. Friday’s high was $37.63, which is resistance for the continuation move on Monday. There is a lot of upside in this trade, so keep XLNX on your screen 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: AAPL, ADBE, BYD, CMG, DNDN, FSLR, HBAN, IQNT, PEIX, SHLD, TSLA, VVUS, XLNX, ZNGA

12:10 | Permalink |

Interesting setups that you should watch next week

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Sodastream International Limited (NASDAQ:SODA) - The stock price broke a consolidation resistance line with heavy volume. I tweeted the move. The technical 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 $50 can be expected as long as $41 holds.

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Xilinx, Inc.(NASDAQ:XLNX) - Series of higher lows. Breakout watch $37.4

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Callidus Software Inc.(NASDAQ:CALD) had a nice breakout today.

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Camelot Information Systems Inc (ADR) (NYSE:CIS) - On the radar. Bottom play. CIS gave us a small move today, which could be the start of a bigger move. If the stock can break through the 50-day MA at $2.49, we should see a strong follow through move. This move would break the short-term downtrend, and should drive the stock back towards February highs. In addition, The daily chart shows possible new rally as %K line has crossed on top over %D line while ROC is still at oversold level. Keep watching CIS for a bigger move soon.

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GMX Resources Inc.(NYSE:GMXR) - Nice breakout on GMXR on 3x the daily average volume , positive MACD. Look for a quick run to $2.30 then on to $2.45

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Fossil, Inc.(NASDAQ:FOSL) cleared resistance on expanding volume and looks ready to extend it's gains. Keep on 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: CALD, CIS, FOSL, SODA, XLNX

22:01 | Permalink |

Friday's Stocks to Watch and Trading Ideas

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Barnes & Noble, Inc. (NYSE:BKS) seems to be on its way to recovery from the recent drop. The daily volume has been relatively large, giving credence to the recent upward movements. The stock had another strong day and broke through its major resistance line. The volume confirmed the breakout, as it was greater than average. With technical chart showing strength as MACD is above signal and %K line above %D line, we could see the stock keep going up. Next resistance is at $14.06.

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Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) - Bullish volume pattern. Made new highs today and looks good for more.

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Xilinx, Inc. (NASDAQ:XLNX) broke through resistance at $35.44 accompanied with volume. We should be able to see some decent upside movement for the bulls here. On the technical side, the chart looks very good and I expect a continuation of the upward movement.

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LSI Corporation (NYSE:LSI) is consolidating nicely after a big move up. Strong support at 7.05. Watch out for a break of 7.50.

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Other stocks to watch :

INTC - Intel Corporation
ICO - INTERNATIONAL COAL
DELL - Dell Inc 15.88
ERTS - Electronic Arts Inc.
M - FEDERATED DEPARTMENT
DTV - Directv A
XLNX - Xilinx, Inc.
CNP - CenterPoint Energy Inc
KLIC - Kulicke and Soffa
PPO - Polypore International
GPK - Graphc Pack Hldg
BMC - BMC Software Inc
ANF - ABERCROMBIE & FITCH CO
CI - C I G N A CORP
DPZ - DOMINO'S PIZZA INC
MW - Men's Wearhouse Inc
ROST - Ross Stores, Inc.
VMED - Virgin Media Inc
RAH - RALCORP HOLDINGS INC
WLP - Wellpoint Inc
CAH - CARDINAL HEALTH INC
EL - ESTEE LAUDER COMPANIES
ACE - Ace Ltd
HCA - HCA Holdings
CNW - C N F TRANSPORTATIONAL
CNK - Cinemark Holdings Inc
WMG - WARNER MUSIC GROUP
ZMH - ZIMMER HOLDINGS INC
DDS - DILLARDS INC CL A
MHP - MCGRAW HILL COS INC
FL - Foot Locker Inc
TW - WATSON WYATT WLD
HOTT - Hot Topic, Inc.
SKM - S K TELECOM CO LTD
VOLC - VOLCANO CORPORATION
SGI - RACKABLE SYSTEMS INC
SONE - S1 Corporation
LO - Lorillard Inc
PCP - PRECISION CASTPARTS
B - BARNES GROUP INC
SHOR - ShoreTel Inc
HLS - HEALTHSOUTH Corp.
HLF - HERBALIFE LTD
SKT - TANGER FCTRY OUTLET
SXCI - SXC Health Solutions
RTI - R T I INTERNATIONAL
AYR - AIRCASTLE LIMITED
POR - Portland General El
IPXL - Impav labs Inc

Earnings Announcements for Friday

A M Castle and Co - CAS
Aceto Corp - ACET
American Caresource Holdings Inc - ANCI
American Learning Corp - ALRN
American States Water Co - AWR
American Vanguard Corp - AVD
Animal Health International Inc - AHII
Anthera Pharmaceuticals, Inc. - ANTH
Aqua America Inc - WTR
Arena Pharmaceuticals Inc - ARNA
Atrion Corp - ATRI
Avista Corp - AVA
Bar Harbor Bankshares - BHB
Beckman Coulter Inc - BEC
Black Hills Corp - BKH
Booz Allen Hamilton Holding Corp - BAH
Brookfield Infrastructure Partners LP - BIP
Buckeye Partners LP - BPL
Carrizo Oil and Gas Inc - CRZO
Church And Dwight Co Inc - CHD
Cimarex Energy Co - XEC
Cinemark Holdings Inc - CNK
Clear Channel Outdoor Holdings Inc - CCO
CommonWealth REIT - CWH
Constellation Energy Group Inc - CEG
Constellation Energy Partners LLC - CEP
Cowen Group Inc - COWN
Crosstex Energy Inc - XTXI
Diana Containerships Inc - DCIX
Digirad Corp - DRAD
Dionex Corp - DNEX
Dominion Resources Black Warrior Trust - DOM
Dynavax Technologies Corp - DVAX
Ebix Inc - EBIX
Elster Group Se - ELT
EnPro Industries Inc - NPO
Ever Glory International Group Inc - EVK
Evergreen Solar Inc - ESLR
Gran Tierra Energy Inc - GTE
Gulfport Energy Corp - GPOR
Halozyme Therapeutics Inc - HALO
Haynes International Inc - HAYN
Hercules Technology Growth Capital Inc - HTGC
Heritage Financial Group Inc - HBOS
Hill International Inc - HIL
Horsehead Holding Corp - ZINC
Inhibitex Inc - INHX
Interline Brands Inc - IBI
International Bancshares Corp - IBOC
Jeffersonville Bancorp - JFBC
Johnson Outdoors Inc - JOUT
K Swiss Inc - KSWS
Kaydon Corp - KDN
Kohlberg Capital Corp - KCAP
Lee Enterprises Inc - LEE
Liberty Media Corp - LINTA
LSB Financial Corp - LSBI
Madison Square Garden Inc - MSG
National Fuel Gas Co - NFG
Newcastle Investment Corp - NCT
Northeast Utilities - NU
Novabay Pharmaceuticals Inc - NBY
Old Point Financial Corp - OPOF
Olympic Steel Inc - ZEUS
Oncogenex Pharmaceuticals Inc - OGXI
Optimer Pharmaceuticals Inc - OPTR
Orexigen Therapeutics Inc - OREX
OYO Geospace Corp - OYOG
Pepco Holdings Inc - POM
Pizza Inn Inc - PZZI
PNM Resources Inc - PNM
PositiveID Corp - PSID
Provident Community Bancshares Inc - PCBS
Riverview Bancorp, Inc - RVSB
Rosetta Resources Inc - ROSE
Sirona Dental Systems Inc - SIRO
Solera Holdings Inc - SLH
Stoneridge Inc - SRI
Sunrise Senior Living Inc - SRZ
Tetra Technologies Inc - TTI
TreeCom Inc - TREE
Ultra Petroleum Corp - UPL
United Bancorp Inc - UBCP
United Guardian Inc - UG
US Concrete Inc - USCR
US Energy Corp - USEG
Valley Financial Corp - VYFC
VirnetX Holding Corp - VHC
VisionChina Media Inc - VISN
Washington Post Co - WPO
Weight Watchers International Inc - WTW
Wellcare Health Plans Inc - WCG
Yrc Worldwide Inc - YRCW

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: BKS, ULTA, XLNX

22:38 | Permalink |

AC Investor Blog

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

Tuesday, August 19, 2014

Stocks to Watch for Aug 20, 2014

Saturday, February 09, 2013

Potential setups for next week

Friday, February 24, 2012

Interesting setups that you should watch next week

Thursday, May 05, 2011

Friday's Stocks to Watch and Trading Ideas

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