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Saturday, August 29, 2020 

Stocks to watch out for next week

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Blackberry (NYSE:BB) broke out Friday on decent volume and closed above the declining EMA200 for the first time in weeks. Friday’s high reflects resistance for this next upside move. If the stock can break through resistance, we should see another upside move as traders buy up the stock. Technical indicators are also giving the bullish signs. Next major resistance lies at 5.84. Keep it on your watch list going forward.

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Nice retracement to the breakout zone after a huge gap up earlier this month. SilverSun Technologies Inc common stock (NASDAQ:SSNT) is a possible trend reversal trade, if it breaks the 3.58 resistance area. Looking at the 4h chart the near-term outlook is positive. ADX is starting to point up and the RSI is also moving higher, which is a sign of growing strength in the stock. MACD is also giving a positive indication. SSNT will move quickly, so keep it on your screen next week. Im long.

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TMBR has reached extreme oversold readings that in combination with other factors (RSI shows positive divergences, Gap to fill, Deutsche Bank Ag and Morgan Stanley have purchased some shares this month Form 13F, etc...), including the investor conference could trigger a sharp bounce. I took a position on Friday.

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NovaBay Pharmaceuticals, Inc. (NYSEAMERICAN:NBY) is screaming for a bounce opportunity and I think we can see some nice moves ahead. Technically the MACD Hist is showing a bullish divergence and the RSI is beginning to curl back up, these are the perfect conditions for a short-term rally.

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TOP Ships (NASDAQ:TOPS) Watch the break of this flag for a new leg up targeting the $2 area. Stock has been under accumulation.

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Adial Pharmaceuticals Inc (NASDAQ:ADIL) remains oversold and is gaining momentum. I believe it is ready to post a nice bounce and I do not see any strong resistance on the technical chart until 1.92. Daily technical indicators are showing signs of turning around, with the MACD histogram showing the selling momentum started to diminish and the RSI starting to turn up from deep oversold levels. We have all seen how quickly this stock can head higher, when the buyers come. Play the bounce.

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VivoPower International (NASDAQ:VVPR) had a remarkable move up on Friday with very high volume. The heavy buying makes this an interesting situation and one worth watching on Monday. I believe we will see some nice follow through and a move to $10 appears likely. Definitely on watch.

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ExOne Co (NASDAQ:XONE) had a very bullish move on Friday breaking several resistance lines with large volume. Buyable on a pullback to the pivot.

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Marathon Patent Group Inc (NASDAQ:MARA) had a very bullish move yesterday on solid volume. Any break and close above 2.75 would validate this potential trend reversal.

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

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Wednesday, August 10, 2016 

Stocks to Watch for Aug 11, 2016

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Tobira Therapeutics Inc (NASDAQ:TBRA) Calling the bottom is always very difficult, but with the stock trading at extreme oversold conditions and momentum oscillators exhibiting positive divergences a strong bounce could be eminent, IMHO. In a note published today, H.C. Wainwright remains convinced that the company is undervalued and has reiterated the buy rating with a $31 price target. The analyst Arce thinks Centaur is a breakthrough in NASH. Started a position today.

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BlackBerry Ltd (NASDAQ:BBRY) showed buying strength all day. The stock is on the verge of breaking out and it could happen very soon. The volume dramatically increased as the stock ran to near the recent highs, showing us there are buyers watching the stock. If 7.92 is broken, we could see a move towards 8.20

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SAExploration Holdings, Inc. (NASDAQ:SAEX) appears to have run out of sellers at current levels. The near-term outlook appears positive. Hourly momentum oscillators have rolled bullish with MACD triggering a buy crossover and the daily RSI is trading at neutral levels. A close above $19 would confirm the positive outlook and could push the stock to the target zone of $22....Stop 15.98

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International Paper Co (NYSE:IP) Solid breakout with volume expansion. I'm looking for a continuation move on Thursday.

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Almaden Minerals Ltd. (NYSEMKT:AAU) Momentum play. Watching over $1.83

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ExOne Co (NASDAQ:XONE) had a very bullish move today breaking several resistance lines with large volume. Looks like we have a burst north coming. Go long on the break of Wednesday’s high at 13.43 or wait for a pullback to enter a more conservative approach.

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Nice spike up on strong volume. Could play Layne Christensen Company (NASDAQ:LAYN) here for a move above $9.30. MACD is positive and above the signal line. RSI is moving up and above its 50% level.

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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

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Saturday, June 06, 2015 

Stocks to keep an eye on June 08, 2015

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Bank of America Corp (NYSE:BAC) Last week, the stock broke past a four-month resistance area with force. High volume accompanied the breakout. The upside target of this breakout is $18 but long term investors should expect a much higher return. The 9/20 day EMAs have acted as good support at least up until now. So, as long as support holds, the stock should continue to rally.

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Voxeljet AG (NYSE:VJET) has broken the upper line of a falling wedge, which was drawn during the last two months. Plus, the stock's MACD has also crossed above the signal line, which further confirms that the trend has switched from negative to positive which indicates that a rally is in progress and we should expect a move higher towards $8.72 where the 100-day EMA (pink line) is found. Note: Anthony Gerstein, Director of Investor Relations and Business Development will present at Stephens Spring Investment Conference in New York, NY on Wednesday, June 3rd, 2015, another catalyst for stock next week.

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Voltari Corp (NASDAQ:VLTC) experienced wild swings on Friday. At one point the stock was very over sold at 7.45 and then bounced all the way back to 8.36. I think this was a very important day, as the stock might be indicating the market capitulated at the lows. If Friday’s support holds next week, it could be a turning point for the stock. On the Hourly chart, it was important to see that the stock closed the week above all EMAs. The strong accumulation over the past days has shown funds moving into the company again and moved share prices upward. I'm currently accumulating this stock.

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ExOne Co (NASDAQ:XONE) is approaching a breakout point at the 13.50 level where it closed on Friday. A break above the 50-day EMA would lead to next targets in the 14.9 and then 16 area. The daily technical indicators are showing positive divergences. The MACD has moved above its signal line and the RSI is rising above the 50% level. Plus, the merged 13-day and 20-day EMAs are beginning to show an upward bias. I Really like the look of this daily technical chart...note earnings Jun 11 AMC.


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Gevo, Inc. (NASDAQ:GEVO) seems to be forming a Cup and Handle pattern as per the daily chart. Technically speaking, this is a bullish pattern but confirmation will come only after a break above the handle of the cup chart pattern. A daily close above $4.16 will be very bullish and the price target for this Cup & Handle break out could be around $5.25. In addition, the daily indicators are beginning to turn bullish again. The MACD has just crossed above its signal line and the RSI is back above 50 and pointing higher. Given the potential rosy outlook for biofuels, I am not surprised to see the company pursuing such an aggressive expansion strategy. That's my own opinion. I'm long.

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XOMA Corp (NASDAQ:XOMA) also looks great. $3.67 is an important resistance that once broken will set off a huge run up in price, the 1st target would be $3.97 which is the high of April. Key technical indicators are implying that investors have become more bullish since early May. The setup looks good for an upside breakout. On watch.

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The strong move in Kite Pharma Inc (NASDAQ:KITE) shares was something that I tweeted on Friday's morning b4 the move (Here is the tweet). The stock price broke out of a Bullish flag chart pattern accompanied by strong volume. I think we will see a nice follow through next week. This momentum could push this stock much higher from here. Next resistance is now seen at $66.40.

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On watchlist no trigger yet. TASER International, Inc. (NASDAQ:TASR) continues to consolidate in a very tight range. Long above $33. The stock has been in a nice uptrend for the last three monts and it looks very strong with the Key EMAs going up. There is plenty of accumulation on daily chart. Use the 50-day EMA as your stop-loss.


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Rambus Inc. (NASDAQ:RMBS) The stock is forming another bullish flag on the daily technical chart, which is usually the most bullish of consolidation patterns. Perhaps this is merely a pause in a strong uptrend. Watch for a break of 15.48 to continue the uptrend. Accumulation/distribution chart still looking good.

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Have a fantastic weekend.

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

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Wednesday, July 02, 2014 

Stocks to Watch for July 03, 2014

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Ceres Inc (NASDAQ:CERE) 66c level looks to be its new base setup for a new leg up. The stock price is close to its key resistance point of .75c a break could lead to a strong run up and who knows how high this stock might end up. Technical daily indicators are looking bullish. The MACD is positive and above its rising signal line. The relative strength index is above its 50% level, now at 59 and far from being overbought. I'm currently accumulating this stock.

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ExOne Co (NASDAQ:XONE) From a technical standpoint the stock remains very overbought for the short-term. Could see a pullback to $40

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BlackBerry Ltd (NASDAQ:BBRY) showed more signs of strength on today's session as the stock closed up 14c on the day. BBRY has strong resistance around $10.9 and breaking above could take the stock to $12 in a very short time frame.

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3D Systems Corporation (NYSE:DDD) Bulls may not be done here but we could be setting up for a pullback imo. Technical momentum oscillators remain overbought.

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Datawatch Corporation (NASDAQ:DWCH) Stalking. Over $16.31 would be buy trigger.

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Tesla Motors Inc (NASDAQ:TSLA) Needs to hold the 20-day EMA located at 226.09. If it fails that, potential drop to 216.25. Some technical indicators are showing a loss of momentum.

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Charles Schwab Corp (NYSE:SCHW) appears poised to resume the uptrend. If you're not already in wait for a close above 27.50

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

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Saturday, December 28, 2013 

Stocks to Watch for December 30, 2013

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WidePoint Corporation (NYSEMKT:WYY) On Friday, the stock price broke out from its trading range with huge volumes. I feel this is the beginning of another bigger move, which is why I will be watching the stock again on Monday. Resistance is $1.75, which was Friday’s high of the day. The price can head towards the 2-2.10 zone. If this zone is surpassed, getting to 2.5 would be a possibility. Add to your position once there is a close above 1.75. The technical chart shows a continuation of the uptrend with MACD/RSI in the Bullish areas and with the AC/DT line showing a clear indication of accumulation. Long setup.

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ExOne Co (NASDAQ:XONE) The short-term outlook is bullish. Fresh long should be made only when the stock closes above $64 with an up candle. On the technical side, the investor sentiment in stock showed by RSI continues strong and MACD still going up. Long setup.

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Kandi Technologies Group Inc (NASDAQ:KNDI) stock price broke through the highs set in September and should continue to move. I'm buyer of KNDI once it breaks through Friday’s high of $10.48 for the continuation move. The stock will move very quickly, so watch it closely on Monday.

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Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) made a nice move on Friday and looks ready to continue next week. The stock price is coming up to a big level as the stock is near its 100-day EMA. I will be watching this stock closely on Monday as I expect to see a strong move once the stock breaks through this key resistance level. A move past $2.79 would be a strong indicator of a further uptrend in the stock. Technically the stock looks solid trading above its 9,13 and 20-day exp moving averages and fundamentally looks cheap. My model is long, targeting 3.2-3.3 area.

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Zalicus Inc (NASDAQ:ZLCS) was added to my watchlist as a possible bottom bounce-play. Chart is displaying positive divergences on momentum indicators and with the stock in oversold territory, these are the perfect conditions for a short-term rally. This stock can pop big time on any positive news. Stay tuned.

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Riverbed Technology, Inc. (NASDAQ:RVBD) was one of the few stocks showing any strength, as the stock was able to close slightly higher on Friday. If the stock price can break through $17.75 we should see a strong upside move. Keep a close eye on RVBD next week.

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Molycorp Inc (NYSE:MCP) traded 3x normal daily volume on Friday, as the stock closed up 72c on the day. I will watch the stock next week for a follow through move and have set resistance at $6. The technicals indicators, point to a move higher in the coming days.

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Rambus Inc.(NASDAQ:RMBS) I feel there is an upcoming move. The stock price continues to sit in a consolidation range. At some point, the stock price will breakout and I want to be there for this move. Resistance stays at $9.68 that if broken, could send shares to $10.

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

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About Me

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  • 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.

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