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Saturday, May 23, 2020 

Swing trade ideas for next week - Happy Memorial Day everyone!

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VECTOIQ ACQUISI/SH (NASDAQ:VTIQ) appears to be forming an ascending triangle pattern on the hourly chart while momentum indicators are inching upwards along with solid volumes. An ascending triangle suggests a bullish sentiment with an upward breakout. The stock is likely to make another attempt to cross the resistance zone at 26.9 in the coming sessions, so stay tuned. It needs to close above this level to indicate a continuation of the rally.

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Tocagen Inc (NASDAQ:TOCA) shares may be in a small consolidation phase (bullish flag pattern) following a nice rally on Monday. Daily technical indicators are bullish. The MACD is rising above its signal line and entered positive territory, while the RSI remains above its 50% level. Plus, all major short-term EMAs are moving up with the stock above them. If a breakout above the 1.7 level occurs next week, we could see an acceleration of momentum and move toward the 2-2.14 area.

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vTv Therapeutics Inc (NASDAQ:VTVT) also appears to be forming a bullish flag pattern and the stock is in the process of resuming the main trend. If the price can break out of the upper frame of this flag, a continued rise is likely, targeting the 3.8 area. Long setup.

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) Tweeted under 3.20. The stock price broke out of a large trading range pattern during Friday's trading session on heavy volume. I think we will see a nice follow through on Tuesday. This was a $4 stock less than 4 months ago. The daily momentum indicators are showing positive momentum to continue as MACD has generated a fresh breakout while RSI is moving upwards above 60 levels. The next resistance area is the EMA200 at 3.61

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Summit Wireless Technologies Inc (NASDAQ:WISA) showed buying strength all day on Friday. We start to see some signals of rebound as the daily technical chart shows positive momentum is back. If stock breaks 2.5 then the stock can head to 2.83 and if this level is breached then the level of 4 is visible (closing gap). I think its worth adding to your watchlist.

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Thermogenesis Holdings Inc (NASDAQ:THMO) From a technical standpoint the stock looks poised for a possible trend reversal, after dropping to the $6.3 level forming a potential double bottom on Hourly. This, along with oversold readings, could lead to the start of a short-covering rally.

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Nabriva Therapeutics (NASDAQ:NBRV) had a big pop on Friday and the stock price finally closed above the declining EMA50 for the first time in months. If price breaks above 76c next week, then we should probably see a significant move to the upside. PDUFA date of Contepo set for June 19

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Lianluo Smart Ltd (NASDAQ:LLIT) This penny stock is showing signs of bounce coming MACD cross. The stock 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. 49c break out watch. NOTE: Penny stocks are risky but if you know what you are doing and exercise caution when necessary you stand to gain large return on relatively small investments, so play accordingly.

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Remark Holdings Inc (NASDAQ:MARK) jumped 40 cents, or 21.5%, on Friday, closing just slightly below its high of the day in the 2.34 area. If that level is broken on Tuesday, the stock price short-term could accelerate towards the 2.6-2.68 zone, which represents the next resistance area. The volumes are strong at present levels along with momentum indicators. Hourly RSI and MACD both are hinting some more positive momentum to continue as hourly RSI is entering into overbought levels, so the very short-term movement should be treated as upwards IMHO. Watch the stock closely next week.

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Creative Realities Inc (NASDAQ:CREX) closed strong yesterday under active bidding. The stock is expected to move further higher as it has given positive close with increased volumes after six consecutive sessions of declines and is likely to continue the momentum for the coming session as well. RSI and MACD on 2h chart are turning up which might attract some more buying into the system. Possible trend reversal.

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Virgin Galactic (NYSE:SPCE) The stock has taken a strong support near its 200-days exp moving average and reverted just after touching those lower levels on Friday again also breaking out of a falling wedge pattern on the daily chart. The closing of the stock seems attractive to the bulls, which are likely to continue in the coming session as well. Long setup on watch.


A BIG THANK YOU TO ALL OF YOU: I just crossed 53000 followers on Twitter and reached 87000 followers on Stocktwits. The numbers of followers have grown tremendously over the past weeks. I'm especially grateful for your attention and interest. That's really nice and humbling to witness. Thank you so much everyone.

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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, April 27, 2019 

My hot stock watchlist for the coming week

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Matinas BioPharma Holdings Inc (NYSEAMERICAN: MTNB) stock jumped 5% on Friday and broke above the upper trend line of the falling wedge formation in which the stock has been trading since the beginning of March. I expect continuation of current momentum and a move towards the $1.2-$1.3 area in the short term. The MACD started to show a bullish sign and so is RSI, indicating a bullish outlook ahead. Looks like the stock is gonna squeeze some shorts to me.

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I've been following Celldex Therapeutics (NASDAQ: CLDX) for a couple of days now and it looks like it may be turning here. The downtrend line looms above as resistance and I think it could easily catch some momemtum and clear it. Keep the stock on your radar for the next few trading days. If CLDX can break through resistance at 3.78, we should see a strong upside move.

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India Globalization Capital, Inc. (NYSEAMERICAN: IGC) rebounded strongly Friday on pretty heavy volume and might be on the way up again. As you could see above, the stock has several favorable technical factors suggesting that it could breakout its 200-hourly EMA (green line) which often attracts additional traders on the buyside, putting upward pressure on shares. Positive MACD indicates that the stock is a buy. Any move over $1.80 will probably lead to a strong rally. I made a nice scalp on Friday's morning as i tweeted. Let's keep an eye on it. Stop 1.51

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Kadmon Holdings Inc (NYSE: KDMN) appears to be poised for a nice bounce off this bottom.The stock has a long history of big bounces when it the RSI touches extreme oversold levels. This is a solid bounce play that should be kept on the radar.

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Up Fintech Holding Ltd (NASDAQ: TIGR) is still trading sideways in the short-term, between14.5 and 17. Its technical indicators are showing positive signal and the stock price is trading above the major hourly short-term EMA's, denoting the current positive tone, that may turn into a new uptrend soon. Expect an initial run up to 18 with a break higher moving to the 19.5 zone. Stop loss 14.24

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Avon Products, Inc. (NYSE: AVP) has recovered nicely last week and can potentially set-up very well for a swing-trade if the stock breaks through the resistance level at $3.41. Technical daily indicators are becoming more favorable with MACD and RSI starting to turn up. There could be good upside in this trade, so watch AVP closely next week.

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Frontier Communications Corporation (NASDAQ: FTR) is in an ascending triangle formation with higher lows putting some pressure on the 2.68 area, a break of which could move the stock significantly higher. Long setup on watch.

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You need to watch Phunware Inc (NASDAQ: PHUN) stock closely because it could break resistance soon. Stock seems to be forming a head and shoulders bottom pattern. This is one of the very profitable bullish reversal chart. I think we could see double digits again and very soon.

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Blackberry (NYSE: BB) The bears failed again last week to close the stock below its rising 100-day EMA and we saw some call options buying in Blackberry. It was also interesting to know that SAP is again looking for tuck-in acquisitions, and we know how much they love John Chen companies. Can Blackberry be the next Syabse? Well, only the time will tell, but this news sounds interesting. From a technical standpoint, the stock made a great move Friday and was with an increase in volume and I suspect this could be the start of a new rally. It shows signs of recovery with its recent up move supported by short-term EMAs and momentum indicators. 9.21 next breakout watch.

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Tenax Therapeutics Inc (NASDAQ: TENX) jumped 10% Friday finishing the session at the highs of the day on decent volume, suggesting buyers are stepping in. The move puts TENX in high probability of a breakout above key resistance in the 1.78 area where it closed. On watch for continuation higher, this momentum could move stock to the $2 area.

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PDS Biotechnology Corp (NASDAQ:PDSB) just another company in the small bio land trading at bargain prices with more than $21 per share in cash. Watching for $6.50 breakout. All indicators are in favor of an upward price movement.

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ZIOPHARM Oncology Inc. (NASDAQ: ZIOP) Nice price movement on volume Friday and looks ready to break out into new high territory next week. It's important to maintain tight stops on this one in case of a false breakout.

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 03, 2016 

My Watchlist for Monday, December 05

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) broke out of a four month sideways trend between 5.25 and 6.25 one month ago and over the last four weeks has tested the breakout area successfully on two occasions suggesting the stock may be ready to move higher. Plus, the 50-day EMA has crossed over the 100-day EMA for the first time in months, signaling a medium-term bullish trend. With the 50-day EMA holding as support, I'm looking now for price to briefly retest the 7.50 zone. Additionally, there was an unusually high call options activity on Friday (strike Dec $8), which could be a signal of good things to come. The next buy point would be when it breaks over 6.50 on heavy volume, while immediate support has moved up to $6.01.

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IntelliPharmaCeutics Intl Inc (NASDAQ:IPCI) The stock last week broke out of a descending channel on hourly, after testing support in the $2.7/2.75 region and is now facing resistance at 2.89 area. A break and close above opens the way towards 3.35. From a technical standpoint, the hourly RSI has turned up and is quickly approaching the mid line. The hourly MACD also crossed above its signal line last week. These are positive signals for the stock. $2.89 is the pivot level to watch next week. Im long. I think we could retest the recent highs (3.35) and possibly break upwards some more.

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ContraVir Pharmaceuticals Inc (NASDAQ:CTRV) is a stock that deserves some attention over the coming sessions, for a potential reversal. I see CTRV on verge of breaking up out of this compression. My short-term indicators have signaled buy with bullish divergences, thus we can expect stock to get above the 2.18 level sometime next week.

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Shares of Exxon Mobil Corporation (NYSE:XOM) tried to break out last week but failed. At this point the stock remains bullish as price is above all EMAs and MACD is rising above 0. $88.59 is the pivot level to watch next week. Wait for the break to enter long. You can see my full article about XOM HERE.

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Syntel, Inc. (NASDAQ:SYNT) is a low volume medium cap that may be poised to move higher. Momentum indicators are displaying positive divergences. Plus, insiders have been buying shares lately. If the stock can get above 20.47, it would likely start to create a short covering as the short % of float is about 9% currently.

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Northern Dynasty Minerals Ltd (NYSEMKT:NAK) had a very bullish move on Friday breaking several resistance lines with large volume. Breakout watch over 1.55.

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Cempra Inc (NASDAQ:CEMP) regained the 13-day exponential average for the first time in over six weeks. This is a stock that could head higher from Friday's close. Watch for continuation.

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

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Thursday, November 10, 2016 

My Watchlist for Friday, November 11

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Ocean Power Technologies Inc (NASDAQ:OPTT) had a big pop on Thursday and the stock price finally broke out of a base pattern that has been forming since the beginning of the month, and it was with an increase in volume, which shows us there are buyers in the stock. The technical daily chart appears to be bottoming. I feel that this stock can easily run to 3.6's in the near term due to its low float.

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Dicerna Pharmaceuticals Inc (NASDAQ:DRNA) broke out of the downtrend channel that has been in effect since the beginning of October. The breakout looks real good, and i think we could see significantly more upside at this stage. Good technical and decent fundamentals. DRNA is worth a close look.

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IntelliPharmaCeutics Intl Inc (NASDAQ:IPCI) Volume starts to pick up again. Could make a nice move to the upside. A break of $2.90 with force might give the stock room to $3.20 initially then 3.33. Keep it on your watch list.

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Trillium Therapeutics Inc. (NASDAQ:TRIL) was added to my watchlist recently as a possible bottom bounce-play. The technical daily 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. The RSI has reversed the course and stock finally closed above the $7.50 level, a Bullish signal. If it breaks the 8.40 level, we could see a nice squeeze here.

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I've alerted my readers about the potential upside movement in ZIOPHARM Oncology Inc.(NASDAQ:ZIOP) shares recently and today stock has come up to my expectations as it broke and closed above the major horizontal resistance line of 6.25. If you are on board, there is nothing more to do but enjoy the ride.

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

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Tuesday, November 01, 2016 

My Watchlist for Wednesday, November 02

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Westmoreland Coal Company (NASDAQ:WLB) acted like it was going to breakout, but failed to. Maybe tomorrow. Technical indicators are becoming more favorable now, with the MACD and Stochastics starting to turn up. On watch.

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) broke and closed above the 100-day EMA for the first time since mid-April on decent volume. The stock is showing increasing strength on the MACD, Slow Stochastic and RSI. At this point, the next key technical levels that traders should be watching are the 6.15 level and the declining 200-day EMA at $6.48, which is the next significant resistance. Still on my top list.

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Las Vegas Sands Corp. (NYSE:LVS) has a good chance to continue higher and a buy could be made as it moves over $60. If this happens, the stock is a good play.

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Twilio Inc (NYSE:TWLO) is very oversold and if the stock can hold the $35 price level may be a good bounce play.

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Ocean Power Technologies Inc (NASDAQ:OPTT) may have reversed its recent downtrend, closing in the green on a surge of volume, which is generally a good sign. If the market shows a little bit of optimism the stock could bounce back up to its EMA9 around the $3 level. The MACD has stabilized and is about to cross over its signal line. A crossover would be nice and bullish.

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Dicerna Pharmaceuticals Inc (NASDAQ:DRNA) In the past one month, the company's stock has lost more than 50% of its value on low volume. Today's high volume at bottom, means bears are running out of steam. I believe that the risk of continued downside at current levels, is a lot less than the possibility of a sharp oversold rally. DRNA is trading below cash levels, zero debt and the institutional ownership is high (76%). Keep it on your watchlist.

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Valeant Pharmaceuticals Intl Inc (NYSE:VRX) had a massive rally today on reports of a possible sale of Salix. The stock hit a high of $24.30, which is resistance for Wednesday’s move. If the stock can break through resistance, we should see another strong follow through move. MACD has turned up and RSI has plenty of room to support higher prices. Watch the stock closely tomorrow.

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

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Wednesday, October 26, 2016 

My Watchlist for Thursday, October 27

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) The recent retracement was halted perfectly in the previous resistance zone now support. Moreover, today's candle also closed back above the EMA50. Expect price to rise next to test the declining EMA100 again followed by 6 resistance area. Technical indicators are also supporting a continuation of the move higher. The RSI is moving back higher in the bullish zone and the MACD is crossing up. On watch.

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Tesla Motors Inc (NASDAQ:TSLA) is trading higher after hours as the company released very good earnings. For tomorrow, the levels to watch on upside will be at 215.34 and 220

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Heat Biologics Inc (NASDAQ:HTBX) continued to show strength with another gain. Today's rally put shares above the psychological resistance level of $1.40, which is a bullish sign. Plus, MACD has a bullish crossover. Next buy area when clears 1.60 on heavy volume.

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I continue to watch Micron Technology, Inc. (NASDAQ:MU). The volume is still large so the stock could potentially break out again at any moment.

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Dicerna Pharmaceuticals Inc (NASDAQ:DRNA) closed with a doji candle today. I think we might bounce here.

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Progenics Pharmaceuticals, Inc.(NASDAQ:PGNX) Another potential bounce play.

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

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Thursday, October 20, 2016 

My Watchlist for Friday, October 21

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Microsoft Corporation (NASDAQ:MSFT) is trading higher after hours, as the company released very good earnings. Following the news, shares of the company skyrocketed, sending Microsoft to new highs. Blue skies on charts.

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Emerge Energy Services LP (NYSE:EMES) Nice runner from the twitter buy list today. After few weeks of consolidation the stock finally broke out and took out its critical level of $14.60. The break of this key resistance line confirms a medium-term trend reversal and the beginning of new momentum, which could move the stock above the $18 area. Use the rising EMA50 as stop.

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United States Steel Corporation (NYSE:X) For what it's worth, the stock cleared this key downtrend line on increased volumes. The bounce from the 200-day EMA makes it more authentic. The MACD is rising and the RSI is moving up showing renewed strength. Ready for higher prices. Stop 17

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JD Com Inc (NASDAQ:JD) has been basing for over a week under resistance near $27. If the stock clears resistance the move may be powerful.

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) had a very productive day as we saw gains of nearly 12% on volume above average and I believe the stock has more room to run. We also saw unusual bullish options activity. A breakout over $6.15 with strong volume would send this flying. On watch.

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ProNAi Therapeutics Inc (NASDAQ:DNAI) is another stock I am watching very closely. I accumulated a lot of shares at current levels (1.92-1.82) and will continue to do so. If it clears resistance (declining EMA50) on volume, the move may be powerful. Despite recent decline, the strong cash position (130M or >$4 per share) supports my bulish/argument at this point.

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Alere Inc (NYSE:ALR) may be ready to break out of this large sideways consolidation. Potential swing long above 44.35

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

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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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