AC Investor Blog

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

Labels: KNDI, MCP, RIGL, RMBS, WYY, XONE, ZLCS

10:15 | Permalink |

Stocks to Watch for November 27, 2013

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Zalicus Inc (NASDAQ:ZLCS) The stock price formed a strong bullish engulfing candle on the daily chart today, which could lead to additional gains in the coming sessions. Its accumulation/distribution indicator has moved strongly higher and MACD is improving. First resistance is seen at $1.26 and then at $1.49.

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Accuray Incorporated (NASDAQ:ARAY) Chart looks good. Bull flag formation.

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Stalking. I'd like to see MRC Global Inc (NYSE:MRC) close over 31.52 before getting involved.

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QUALCOMM, Inc. (NASDAQ:QCOM) broke out to a new all-time high today accompained by a solid volume suggesting higher levels. I'll be watching the stock on Wednesday looking for a follow through move. As long as the stock stay above $70.74 (20ema), the bullish scenario still intact.

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Superconductor Technologies, Inc.(NASDAQ:SCON) Long set-up on watch. Lets see if it breaks over $2.35 this 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: ARAY, MRC, QCOM, SCON, ZLCS

22:12 | Permalink |

Stocks to Watch for November 11, 2013

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Himax Technologies, Inc. (NASDAQ:HIMX) staged a 100-day exponential moving average rebound on Friday on decent volume. Over the past 3 months, this exponential moving average has been served as a good catalyst to start a new bullish trend on pull backs, as shown on chart. Let's see if the strength continues on Monday and breaks above the next resistance area at approximately $9.32 EMA50, then we should see a further continuation.

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We finally saw some strength on Friday in Huntington Bancshares Incorporated (NASDAQ:HBAN) stock and also gave a "pocket pivot" buy signal at the same time. The key next week is watch for a break-out above the major resistance at 9.06

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United States Steel Corporation (NYSE:X) stock reached a new all-time high of $27.65 last week on weak volume. Wait for a better confirmation for an entry.

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Facebook Inc (NASDAQ:FB) continues to hold the 50-day exponential moving average now at 47.16. However, inability to break and close above the 50 barrier leaves corrective risks alive. A close above 50 is needed to set a small base for 52.09. On the other hand, any close below $47.16 would have major negative implications from a short-term perspective.

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Microsoft Corporation (NASDAQ:MSFT) remains locked in a small bullish pennant formation after breaking out on Wednesday. Watch for a break of the pennant.

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Arca Biopharma Inc (NASDAQ:ABIO) corrected Friday after a strong move on Thursday, and the stock managed to hold most of gains, finishing above the 50-day EMA. The things to focus on technical chart above is the huge spike in volume on Thursday. In my opinion and based on the AC/DT (accumulation/Distribution line) it could have marked the end of the slide. Based on the technicals, the stock continue to show short-term potential and I'm still with my bullish sentiment, but I could be wrong.

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Zalicus Inc (NASDAQ:ZLCS) was one of the BIG winners on Friday, as the stock closed up $.50 on the day. The move pushed the stock above all the major moving averages and gave a pocket pivot buy signal. I expect to see another upside move, which is why I will watch it again next week. Key resistance stays at $5.

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: ABIO, FB, HBAN, HIMX, MSFT, X, ZLCS

15:21 | Permalink |

Stocks to Watch for October 25, 2013

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AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) regained the 50-day exponential average for the first time in over six months. This is a stock that could head higher from Thursday's close. AVEO is in the process of bottoming and I expect a pop above $2.6 at some point in the coming days. From a technical standpoint, the MACD just crossed above signal and the OBV chart is showing some strength in this movement, giving the bulls the signal they wanted. Long setup.

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Arca Biopharma Inc (NASDAQ:ABIO) I will be watching the stock on Friday for a continuation move through Thursday’s highs of $1.61. The OBV indicator on chart shows the strength of conviction behind this Bullish trend. A retest of 1.76 seems very likely. I still think the stock could offer some opportunity, so I'll keep the stock position open. The company has 20.7M in cash and has zero debt. It's trading below cash levels and book value. On October 9th, Dawson James initiated coverage on shares with a buy rating and a $3.75 target price. Lets keep an eye on it.

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AMR Corporation (OTCMKTS:AAMRQ) Nice breakout on high volume. Buyable on a pullback to the pivot.

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The Home Depot, Inc. (NYSE:HD) seems to have reversed from its downtrend and could be starting a new uptrend. With the MACD turning up and above its signal line, this stock could post a nice rally from current levels.

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Zalicus Inc (NASDAQ:ZLCS) made a strong reversal candle Thursday on heavy volume. If the stock can break Thursday's high, I think we will rally back to the $6 level. Stop 4.3

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MGIC Investment Corp. (NYSE:MTG) is building a nice Bullish pattern under resistance at $8.50. Watch for a break through that price level to indicate that another push higher will occur.

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MFA Financial, Inc. (NYSE:MFA) Technical chart looks very good. It's a potential breakout play. Momentum picking up with MACD climbing and accumulation continues to trend higher. Breakout watch over 7.8

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: AAMRQ, ABIO, AVEO, HD, MFA, MTG, ZLCS

08:36 | Permalink |

Stocks to Watch for September 4, 2013

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Tuesday marked an important shift in Zalicus Inc (NASDAQ:ZLCS) shares as they closed above a major horizontal resistance line that has been forming since January. The stock was one of the big winners, closing up 12 cents. ZLCS traded heavy volume as it hit a high of $.839. This high is resistance for Wednesday’s continuation move.

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Netflix, Inc. (NASDAQ:NFLX) is forming a rising wedge pattern on daily chart. About 2/3 of the time, this technical pattern resolves itself to the downside.

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Oncothyreon Inc (NASDAQ:ONTY) made some progress today. The stock has a nice base here and might be getting ready to move higher soon. Bulls are now attacking the 50-day exponential moving average, a break above could trigger a rally towards 1.95 resistance and determine overall bias.

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Trina Solar Limited (ADR) (NYSE:TSL) broke out today on heavy volume and looks good for more upside.

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Yingli Green Energy Hold. Co. Ltd. (NYSE:YGE) had a huge breakout day closing above the key resistance level of 4.40. The breakout was on heavy volume. The next key resistance level is located at $4.83. Shareholders may remain invested with a stop-loss at $4.09

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: NFLX, ONTY, TSL, YGE, ZLCS

21:57 | Permalink |

Wednesday February 6th watchlist

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VIVUS, Inc. (NASDAQ:VVUS) had a very good rally today accompanied with large volume. VVUS is one stock that seems to be turning around again and is slowly starting a positive upward trend. Some technical indicators are confirming the recent positive movement.

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Rosetta Genomics Ltd. (NASDAQ:ROSG) potential swing long candidate if it can break above its resistance 4.82. The MACD started to show a bullish sign and so is Stochastic and RSI, indicating a bullish outlook ahead. Looks like the stock is gonna squeeze some shorts to me. Short Float 71%. Stay tuned.

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NVIDIA Corporation (NASDAQ:NVDA) reversed today and formed a nice bullish engulfing candle on the daily. Today’s high of $12.51 is now resistance for the continuation move that should occur very soon.

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Zalicus Inc (NASDAQ:ZLCS) had a great move on the upside today and looks like it wants to go higher. I like that the stock is consolidating above short term moving averages and I expect to see a move soon. Resistance stays at $.83, which is a big area that the stock needs to break.

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I've been stalking Dendreon Corporation (NASDAQ:DNDN) for a couple of days now and it looks like it may be turning here. The 200ema 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 DNDN can break through resistance, we should see a strong upside move.

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: DNDN, NVDA, ROSG, VVUS, ZLCS

22:28 | Permalink |

Few trade ideas for the last day of January

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KeyCorp (NYSE:KEY) is on the verge of a breakout. The stock has been holding at support $9.07 but facing resistance at $9.50. I wouldn't be surprised if this stock finally gives investors what they have been waiting for. KEY will move very quickly, so keep a very close eye on the stock.

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What a rally for Zalicus Inc (NASDAQ:ZLCS) late in the day. We have to believe that this rally will resume in earnest tomorrow. I feel a rally to $.83 and better is in the cards short term. The Accumul/Distrib line is moving up, it means the stock is being accumulated.

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Hemispherx BioPharma, Inc (NYSEAMEX:HEB) looks right on the verge of a breakout. The MACD is moving up showing positive momentum while KD line also show buy signal as %K line is on top of %D line. Keep an eye for a possible breakout over $.31

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Elan Corporation, plc (ADR) (NYSE:ELN) Nice breakout with decent volume. Momentum picking up with MACD climbing and RSI rising. Look for a quick run to $10.66 then on to $11. Stop loss 9.74

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: ELN, HEB, KEY, ZLCS

22:22 | Permalink |

Tuesday January 15th watchlist

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Tyson Foods, Inc. (NYSE:TSN) is a potential breakout stock to watch tomorrow. All three major short-term moving averages are rising and the stock is trading above them. The bulls are in control but volumes are drifting down as the stock is moving up, which is generally a concern. Daily technical indicators are all bullish. The MACD is positive and above its signal line. RSI is moving sideways below its overbought zone. Keep an eye for a possible breakout over $20.5 on high volume.

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Zalicus Inc (NASDAQ:ZLCS) Nice consolidation above the breakout point. All daily technical indicators are bullish. $.83 has to be crossed for continuing this up move.

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Shares of FormFactor, Inc.(NASDAQ:FORM) are drying up as the accumulation continues. Daily technical indicators are bullish. The MACD is rising above its signal line and in positive territory. The 20-day SMA is moving up towards the flat 50-day SMA. RSI is above its 65% level and slow stochastic is moving up towards its overbought zone. The short-term bull market is intact. A break above 5.10 opens up a move to next resistance at 5.37

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Dendreon Corporation (NASDAQ:DNDN) - The stock finally broke out above the 200-day moving average on heavy volume. Technical indicators are looking bullish. The MACD is rising above its signal line in positive territory. The RSI is about to enter its overbought zone and slow stochastic is moving upwards. If the stock continues moving to the upside, next resistance lies at 6.69, 6.87 and 7.20

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Delcath Systems, Inc. (NASDAQ:DCTH) - Flagging above 50-day SMA. Watching over 1.46

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Zynga Inc (NASDAQ:ZNGA) is a candidate to be traded in breakout mode. Daily technical indicators are looking better for the stock with MACD indicator above its sell signal line in positive territory, %K line on top of %D line and RSI indicator moving up from the 50 level. Upside volume is picking up and a rounding bottom is taking shape. Needs to close above 2.70 resistance with decent volume for breakout confirmation.

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: DCTH, DNDN, FORM, TSN, ZLCS, ZNGA

22:43 | Permalink |

Short term trading ideas for Christmas Week

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Facebook Inc (NASDAQ:FB) broke another support level on Friday and the 13-day SMA is turning down. The short term technical indicators continue to weaken. The MACD remains on its December 13th sell signal, RSI and stochastics are at new lows. FB needs to bounce back over $27.22 soon or there will be more trouble for the share price.

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The stock jumped 1.26% on Friday to close at 53.93, just above resistance at 53.14, after trading as high as 54.19 intraday. A close above Friday's intraday high would confirm the short-term double bottom that has formed on the stock's daily chart and would give a buy signal. MACD gave a new buy signal, daily RSI has turned up and stochastics has risen above 20.

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NVIDIA Corporation (NASDAQ:NVDA) The bears failed to close the stock below the 50-day SMA, on Friday NVDA made an intraday low of $12.21 and bounced backed sharply. The stock over the short term still bullish toward the $13 target and above that the target will be $13.11 (200-day SMA). As long as stock kept trading above the $12 level the uptrend movement still valid.

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Career Education Corp. (NASDAQ:CECO) closed just above the 50-day moving average today on high volume making a nice Bullish Hammer Candlestick Pattern, so that is a positive sign. If we get a confirmation on Monday with a close higher, than we might be headed to retest the previous high at 3.72.

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Shares of JinkoSolar Holding Co., Ltd. (NYSE:JKS) still moving in the activated drop correction mode after falling below the 6.5 level and still heading toward the targets of 5.40, where below this level the new target will be 5.14. Only a close above the 6.50 level changes my view of a move lower.

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Zalicus Inc (NASDAQ:ZLCS) Near the breakout zone, look for break above 0.74 to enter longs with targets at 0.91 and 0.95. Looking at the chart technicals are improving. The MACD gave a buy signal on Friday, daily stochastics and RSI have turned up.

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: CECO, FB, JKS, NVDA, ROST, ZLCS

19:16 | Permalink |

AC Investor Blog

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

Saturday, December 28, 2013

Stocks to Watch for December 30, 2013

Tuesday, November 26, 2013

Stocks to Watch for November 27, 2013

Saturday, November 09, 2013

Stocks to Watch for November 11, 2013

Friday, October 25, 2013

Stocks to Watch for October 25, 2013

Tuesday, September 03, 2013

Stocks to Watch for September 4, 2013

Tuesday, February 05, 2013

Wednesday February 6th watchlist

Wednesday, January 30, 2013

Few trade ideas for the last day of January

Monday, January 14, 2013

Tuesday January 15th watchlist

Saturday, December 22, 2012

Short term trading ideas for Christmas Week

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