AC Investor Blog

My Watchlist for Friday, February 03

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PhaseRx Inc (NASDAQ:PZRX) had a nice move today on above average volume and closed back over its declining EMA50. The real fireworks should begin if the stock price can close above the 1.96 level (EMA100). As long as the stock can remain above its 50-day EMA, I like the stock.

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Roka Bioscience Inc (NASDAQ:ROKA) has become increasingly bullish and today the stock closed back above its EMA50 on solid volume. We have all seen how quickly ROKA can head higher, when the buyers come. I believe it is ready to post a nice bounce and I do not see any real resistance on the technical chart until $7. This is a low float stock that can run fast on any volume.

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Sunshine Heart Inc (NASDAQ:SSH) is nearing a key resistance level in the 5.75 area. Considering the strong momentum today, I think the stock looks set to break higher on Friday. Keep this stock in your radar list. Tiny float, could explode higher.

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Eleven Biotherapeutics Inc (NASDAQ:EBIO) is consolidating its recent rally near 2.20 with its key resistance level looming near 2.25. The technical daily chart is still showing buy signal with stock trading above all short-term EMAs, while RSI and MACD are moving up, both supporting the upside. Keep an eye for a possible breakout over $2.25.

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Zogenix, Inc. (NASDAQ:ZGNX) closed the day gaining over 2.5% on solid volume. The stock has started to bounce and seems to be ready for a run up. Some technicals are turning up here. Further strength above 8.25 opens the door to 9. Put her on your radar.

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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

Labels: EBIO, PZRX, ROKA, SSH, ZGNX

22:30 | Permalink |

Stocks to keep an eye on February 2, 2015

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Sanchez Energy Corp (NYSE:SN) looks right on the verge of a breakout. This has been under accumulation since mid Dec, as can be seen in the chart (Indicator A/D) and during the recent uptrend the accumulation has been strong. The price is trading above the 20-day exponential moving average, which worked well in past during the rise and decline. Friday's move was backed by volumes, indicating buying. The daily RSI is also on the verge of crossing 60 levels again into bullish range. Watch this stock if it breaks next week above the 50-day EMA. It's a short-squeeze candidate.

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BlackBerry Ltd (NASDAQ:BBRY) There is no change in my view about Blackberry and my outlook stays same as what I have been mentioning for past 6 months. The technical daily chart above shows the stock is in bull market with 50-day exp moving average on top over 200-day exp moving average and we are seeing higher highs and higher lows. I have been accumulating shares at an average price of 8.86 as i mentioned several times on twitter.

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FireEye Inc (NASDAQ:FEYE) The stock showed relative strength yesterday, holding up well while the market got hit. I will be watching the stock on Monday for a continuation move through Friday’s highs of $34.70. Although this uptrend is encouraging, the medium-term outlook stays cautious till the stock closes conclusively above the 200-day exp moving average on heavy volume.

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Marvell Technology Group Ltd. (NASDAQ:MRVL) has successfully back tested the breakout level. If the stock breaks this bullish flag formation to the upside next week a measured move gives us new highs. Watch for a breakout over 15.77

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Nice breakout on SandRidge Permian Trust (NYSE:PER) with strong volume. Momentum picking up with MACD climbing and RSI rising. Look for a quick run to $8.50 then on to $8.86

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) Strong looking chart. Sitting just under highs. The stock seems to be looking for a reason to push it upward towards 9.64 where next resistance is formed. From a technical perspective, the stock still looks bullish with MACD and RSI both in Bullish areas. Short-term 9-day exp moving average which is at 8.20 will now act as a support. One to watch next week for sure.

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Another stock to watch next week is Zogenix, Inc. (NASDAQ:ZGNX) The company announced on Friday (after market close) that FDA has approved a new formulation of Zohydro ER Extended-Release Capsules, CII, with BeadTek. It's gonna squeeze some shorts.

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, FEYE, MRVL, PER, SN, ZGNX, ZIOP

13:22 | Permalink |

Stocks to Watch for February 25, 2014

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The Blackstone Group L.P. (NYSE:BX) broke through key resistance level accompanied with high volume today, but didn't have much momentum behind the move, so keep an eye on it to see if tomorrow will confirm intraday breakout.

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Tiger Media Inc (NYSEMKT:IDI) is a stock that could head higher from Monday's close. This stock is in the process of bottoming and I expect a pop above $1.60 at some point in the coming days. From a technical standpoint, the indicator MACD still moving upwards after the bullish crossovers and the OBV continues to show strong accumulation. Keep IDI on your radar, as we could be in for a real surprise if momentum picks up and the stock begins to breakout.

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Advanced Micro Devices, Inc. (NYSE:AMD) continues to consolidate in a very tight range. What makes this stock interesting is that the range continues to shrink as the stock price hold up near the top of the range. This stock is poised for a move and we're going to be there when it happens. I suspect that it will explode to the upside.

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NVIDIA Corporation (NASDAQ:NVDA) is too extended for additional positions here. If you are a disciplined trader, wait for a pull back to decide. A good entry point for a long position would be around $17.55

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Molycorp Inc (NYSE:MCP) Today's action suggested that there is more room for the uptrend to grow on stock. A sustained break of $5.62 should bring the stock to a test of the recent highs in the $6.3 area.

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Delta Air Lines, Inc. (NYSE:DAL) has been in a steady uptrend for the last six months and is now very near to break another key resistance level. Keep an eye on DAL for a possible breakout over $32.86.

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Shares of Zogenix, Inc. (NASDAQ:ZGNX) continue to surge. The stock price is strong and getting stronger every day it seems. If it break through 5.19, then expect more upside. If this happens, ZGNX is a good play.

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: AMD, BX, DAL, IDI, MCP, NVDA, ZGNX

23:10 | Permalink |

Stocks to Watch for January 27, 2014

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I alerted readers and twitter followers to Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) as a possible breakout play several times last week. After drifting for weeks, the stock finally broke out of a consolidation with a large volume on Friday and reached a new three-month high. Due to the overbought readings I took profits and will wait for a pull-back to reenter.

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WidePoint Corporation (NYSEMKT:WYY) slumped again on Friday, hitting its lowest level in more than four weeks. The stock closed just above the 1.42 level 50EMA. I believe now is the time to start trying to catch this knife with a tigh stop loss. Some technical indicators such as CMF and A/D remain strong. Any bounce from here could move to 1.75. Let's see if that happens on Monday. The potential growth of the company is very attractive.

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Zogenix, Inc. (NASDAQ:ZGNX) stalking. I would like to see this stock close over 4.55 before getting involved. Both MACD and RSI are not showing any signs of weakness yet. As long as the stock trades above $4.17 EMA13, the short-term trend is considered intact.

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Superconductor Technologies, Inc. (NASDAQ:SCON) is pulling back on low-volume. I'm currently accumulating the stock. OBV indicator remains pointing upward.

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Oncolytics Biotech, Inc. (NASDAQ:ONCY) is forming a rounding-bottom on the daily chart. This is a medium-term reversal pattern. 1.74 EM9 zone keeps holding the upside. Technical indicators have turned slightly bullish with MACD crossing over the zero-line. 1.91 level in the daily seems to be capping the upside for now. A clear break above this level should take the price up to 2.2-2.30 area. Long setup.

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Microsoft Corporation (NASDAQ:MSFT) Broke out of the downtrend line in place since December as well as its 50-day EMA yesterday. The strong volume that accompanied the breakout is very bullish for the stock. The MACD has just issued a buy signal. The push should continue for the days, if not weeks ahead. Worth watching next week.

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Vringo, Inc. (NASDAQ:VRNG) Potential breakout play next week. Watching over 4 with resistance at 4.14. The MACD has inched higher and moved away from the zero line, which is very Bullish. Keep it on watch.

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Keryx Biopharmaceuticals (NASDAQ:KERX) is on my watch list for next week. The stock price can potentially set-up well for a swing-trade, if it breaks through the key resistance level at 16.18.

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: ARIA, KERX, MSFT, ONCY, SCON, VRNG, WYY, ZGNX

11:20 | Permalink |

AC Investor Blog

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

Thursday, February 02, 2017

My Watchlist for Friday, February 03

Saturday, January 31, 2015

Stocks to keep an eye on February 2, 2015

Monday, February 24, 2014

Stocks to Watch for February 25, 2014

Saturday, January 25, 2014

Stocks to Watch for January 27, 2014

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