AC Investor Blog

Several charts to watch this coming week - Happy Easter Everyone !!

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Are you seeing what im seeing? Dropcar Inc (NASDAQ: DCAR) sees accumulation and signs of major breakout opportunity. The stock has been showing higher lows on the hourly chart and the accumulation indicator is clearly showing that money has been moving into the stock.Plus, MACD has a bullish crossover. Technically speaking, it has several favorable indicators and chart patterns suggesting an increase in shares could be on the horizon in the near-term. Traders could look for a move above $2.2 as a signal that the stock could take off and surge to higher levels targeting the $2.8-3 area. I entered long last week.

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YY Inc (NASDAQ: YY) Stalking. Consolidation at highs continues, 88.78 resistance higher. As long as the stock holds above the rising EMA20 support level the intermediate-term picture should remain positive.

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Renren (NYSE: RENN) Nice jump out of the bull flag on Friday. Technicals look good. Watch for a good follow through day next week.

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Riot Blockchain Inc (NASDAQ: RIOT) had another very productive day as we saw gains of over 10%. Watch for a break of 5.42 to continue the uptrend. The medium-term trend is bullish as the stock is above 20/50/200-day exp moving averages with all moving averages going up. You should watch this stock closely on Monday.

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AMD (NASDAQ: AMD) It will be very interesting to see how this chart resolves next week. This stock has been basing in a very tight consolidation pattern and has been doing it on low volume, a buy now may be a bit early as a lot of resistance but a breakout would potentially move to the 30 level. Watch the break of the pattern and play accordingly.

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Daxor Corporation (NYSEAMERICAN: DXR) The chart indicates that stock seems to be stabilizing and has formed a falling wedge pattern, which is bullish. The volume has been quite modest for this name, and looking at the extreme oversold readings of the RSI could power a rally that I think is coming. The stock will now be facing some resistance around $10. A close above this area will be very bullish and send the stock to next resistance area at $13

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Deere & Company (NYSE: DE) Nice breakout on expanding volume last week. The uptrend is intact and signals further bullishness on this stock. I think it is a buy on any dip with a stop loss placed under the breakout point.

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Blackberry (NYSE: BB) has been pulling back in recent times and is currently trading sideways while MACD Hist is displaying an interesting positive divergence. I still think this is a nice LONG setup. The stock continues to play with its rising 50-day exponential moving average line. From the other hand, and fundamentally speaking this company continues to advance new technologies and is set to become a major force in autonomous driving, dont doubt about that. For me, John Chen is one of the most smart businessman that i know. Im long and strong on Blackberry since a long time.

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Zynga (NASDAQ: ZNGA) bounced strongly Thursday on heavy volume putting bulls back in the game. The stock is building a nice Bullish pattern under resistance at $5.55. Watch for a break through that price level to indicate that another push higher will occur.

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J. C. Penney (NYSE: JCP) is still holding up well here and the stock has a chance to move higher. Looking at the positive divergence on MACD Hist stock may break this resistance line soon. Definitely on watch.

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Boxlight Corp (NASDAQ: BOXL) has been is on a remarkable run and it does not looks like the trend will change soon. On Thursday, the stock broke out above a key resistance area making a four month high on volume above average. The high of the day was $4.45, which is resistance for the continuation move.

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OUTLOOK THERAPEUTICS, INC. (NASDAQ: OTLK) Need to see further upside confirmation tomorrow before adding to current position. The stock completely changed my point of view closing the week well positioned to start a bounce. Chart is displaying a buy divergence on the upside. So, next week keep an eye on OTLK for a possible breakout over $1.69 on a close basis.

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, BB, BOXL, DCAR, DE, DXR, JCP, OTLK, RENN, RIOT, YY, ZNGA

22:13 | Permalink |

My Watchlist for Friday, May 12

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VBI Vaccines, Inc. - Ordinary Shares (NASDAQ:VBIV) During the past two months, the stock has been pulling back after a surge up to the $6.50 area and it's currently at an area of support. The good news here is that the price has formed price a falling wedge pattern which is a bullish reversal pattern and is now in very oversdold conditions. Reclaiming 4.4-4.50 should see a strong impulse higher which should take stock to 5.6 to 5.8.

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Zillow Group, Inc.(NASDAQ:Z) watch for a possible breakout out of current consolidation. Pennant formation.

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Shares of Aralez Pharmaceuticals Inc (NASDAQ:ARLZ) were up 17% today to $1.56 recovering some of recent loses. It looks like it is starting to turn. The daily MACD is now showing a possible turnaround and confidence in stock improved significantly. Keep watching the stock over the next few trading days.

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Zynga Inc (NASDAQ:ZNGA) has been in a bullish consolidation over the last sessions and appears ready for another breakout. Keep on watch.

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Madison Square Garden Co (NYSE:MSG) is on breakout watch after multi month consolidation below the highs.

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

Labels: ARLZ, MSG, VBIV, Z, ZNGA

21:59 | Permalink |

My Watchlist for Monday, August 29

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Shares of Vuzix Corporation (NASDAQ:VUZI) are starting to heat up again and are worth watching. The stock broke out last week of a large flag formation. This technical move is very significant and could be marking a new trend higher that is still in the early stages of development. The MACD is also confirming this as it moves to cross up, while the RSI starts to go up. If volume can pick up I think this stock can break through resistance at $8.50 and re-test its recent highs around $9.30. I started a big position in VUZI.

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Adamis Pharmaceuticals Corp (NASDAQ:ADMP) As I expected, the stock had a very strong day on Friday, as the stock broke out of its key horizontal resistance line on the way to closing up 70 cents on the day. Friday’s high was $3.57, which is resistance for Monday’s follow through move. You want to keep an eye on ADMP so you do not miss when the stock does break through resistance.

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Last week's view on First Solar, Inc. (NASDAQ:FSLR) stock remains unchanged. The short-term outlook appears bullish and would remain so as long as the share price holds above $36.75. The immediate resistance is seen at $38.68 and then at $40.02. RSI and MACD are also showing some positive divergences on the daily charts. These technical factors suggest taking a long position with a stop at 36.75.

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There is no change from my previous updates on VirnetX Holding Corporation (NYSEMKT:VHC). I think the stock looks poised to move higher. The short-term trend is bullish and technical indicators suggest the upside bias is still in progress. RSI and the MACD lines are rising up, indicating strength in the upmove. To the upside the 2.93 level has now become resistance. To the downside the 2.53 level is seen as the next support level.

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Zynga Inc (NASDAQ:ZNGA) is showing signs of buying activity at current levels, as the stock has been able to hold up the past few sessions. Resistance level in ZNGA is the high of Friday, which is $2.71. Watch the stock closely next week for a possible move.

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I have Globalstar, Inc. (NYSEMKT:GSAT) on my watchlist due to the recent price action, volume and momentum. Potential swing long above 2.41

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

Labels: ADMP, FSLR, GSAT, VUZI, ZNGA

18:03 | Permalink |

Stocks to Watch for July 19, 2016

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Advanced Micro Devices, Inc. (NASDAQ:AMD) has been in an orderly bullish up-channel since mid-April and today, it made a new 52-week high at $5.57. Look for follow-through on Tuesday with increasing volume to confirm today's move.

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GameStop Corp. (NYSE:GME) broke out above its key resistance level today and surged considerably higher amidst impressive buying pressure after CEO Paul Raines told CNBC that sales were up 100% in 462 stores that are gyms in the Pokemon Go app. I expect GME to continue to gain investor interest going forward. Keep it on your watch list tomorrow.

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Bank of America Corp (NYSE:BAC) Nice breakout of resistance on good earnings and volume confirmation. Could be a good buy on a dip near $13.75 if given the chance.

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Abercrombie & Fitch Co. (NYSE:ANF) broke out of a bullish flag/consolidation it has been in for the past week. Go long on the break of Monday’s high at 20.17.

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Glu Mobile Inc. (NASDAQ:GLUU) had a very good rally accompanied with large volume today. GLUU is one stock that seems to be turning around again and some technical indicators are confirming the recent positive movement. Buyable on a pullback to the pivot.

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Zynga Inc (NASDAQ:ZNGA) has consolidated sideways for the past several sessions under resistance near $2.90. If the stock clears resistance the move may be powerful.

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

Labels: AMD, ANF, BAC, GLUU, GME, ZNGA

22:05 | Permalink |

Stocks to keep an eye on June 15, 2015

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Time for Action! Ocwen Financial Corp (NYSE:OCN) has been showing relative strength for the last few days and closed on Friday above the 100-day EMA for the first time since January 2014. At this point the stock is set to test its line of resistance around 11.30 marked in early part of May. If the stock clears this key line of resistance, it would be a good opportunity to open a long position. From a technical standpoint the current up-trend is looking good. The MACD just flashed a buy on Friday while the RSI is moving above the 50% level. The ADX is also showing positive signals, which suggests this trend could continue for some more sessions.

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Zynga Inc (NASDAQ:ZNGA) From a technical standpoint, the stock looks to be within a pennant formation which may push it to higher highs in the coming sessions. Pivot Point at 3.06 with a preference to go long at 3.13 on volume.

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Solazyme Inc (NASDAQ:SZYM) Stock is trying to come out of a four-week long base pattern on rising volume. Once the stock breaks out and closes above the 3.50 mark, it could rise sharply as there is not much resistance up until 4.43 level. The MACD indicator just flashed a new buy while momentum looks ready to cross into positive territory. The ADX is also starting to point upwards showing an increased and renewed bullish movement.

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Paragon Offshore PLC (NYSE:PGN) demonstrates bullish bias on daily charts supported by positive moves of momentum indicators. Let's see if the stock is able to muster enough interest next week from investors to break through and clear the 1.75 level. Watch out for volume at the breakout as it could be an early indicator of investors interest.

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Friday marked an important shift in JD Com Inc (NASDAQ:JD) shares as they closed above the major resistance line that has been forming since April. The stock hit a high of $38, which is now resistance for Monday’s continuation move.

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Facebook Inc (NASDAQ:FB) retested the immediate resistance last week but failed to close over that level. Support continued to be located at $80.5 and any close below that level would be bearish or might retest the 100-day EMA again. On the other hand, any close above $83 would have major positive implications from a short-term perspective.

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Shares of XOMA Corp (NASDAQ:XOMA) closed down 2.91% to $3.67 on low volume in Friday's regular trading session. Let’s now take a look again at daily technical chart. I notice that the Accumulation/Distribution indicator still growing, which means accumulation (buying). Plus, MACD chart is still showing an up trend with the MACD indicator above its signal line and is indicating further strength. The RSI value is also currently above 50% level but it has not reached the overbought territory. If it clears resistance next week at 3.89 the move may be powerful. PS: Very high call activity has been detected.

Have a great 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

Labels: FB, JD, OCN, PGN, SZYM, XOMA, ZNGA

07:39 | Permalink |

Stocks to keep an eye on May 11, 2015

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AOL, Inc. (NYSE:AOL) Stock looks to have bottomed technically and is starting to trend higher again. The MACD has just flashed a new buy signal, while RSI is also gaining strength. The 9-day EMA has crossed above the 50-day EMA. The 20-day EMA is likely to do so soon and technically confirm a return to a bullish phase. With a combination of good earnings and a breakout with high volume, we should see a continuation of the rally for a couple of days. I loaded up some shares yesterday. Based on the earnings report this stock looks pretty cheap now. Next week we will see more upgrades coming.

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Rambus Inc. (NASDAQ:RMBS) is flagging bullishly in the 14 area. A break of the bull flag consolidation could move the stock back up to highs from April in the 14.50 area. Technical indicators are looking bullish, but correcting overbought conditions.

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Synopsys, Inc. (NASDAQ:SNPS) Potential long setup if the price takes out 48.11 with volume for day/swing trade. Rising prices w/ rising volumes indicate bullishness. All major EMAs are moving up and the stock is trading above them.

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Zynga Inc (NASDAQ:ZNGA) With its move Friday, the stock is again butting against a key resistance line that has contained prices on six previous occasions in the last four months. A break above 2.90 on volume would lead to next targets in the 3.15 and then 3.20 area.

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Celladon Corp (NASDAQ:CLDN) still holding this biotech name for a bounce into the $3 area over the next days. The stock seems to be undervalued at current levels with a good balance sheet. The company has nearly $3.55 per share in cash and a small debt. From a technical standpoint, the stock is in a clear downtrend but the signals are mixed. MACD indicator is displaying a bullish divergence and Slow Stochastic is extremely oversold on a daily basis, so I still think the stock has potential at this point for a strong bounce. A Pfizer name in the board of directors gives me some confidence to keep at it. On watch.

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XOMA Corp (NASDAQ:XOMA) is gaining some momentum again. If the stock can break through $3.74 resistance, we should see another strong upside move. Any break of that resistance (100-day EMA) will come as an indication of a short-term bottoming. The next target would be 4 to 4.10 resistance zone. XOMA will move very quickly, so watch the stock closely next week.

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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) Looks like there were some nice buys coming in on Thursday and Friday so we might have a possible bounce play here, there is little resistance until $4.50. From the technical daily chart both RSI and Slow Stochastoic are showing positive divergences. Keep an eye on ARNA next wk.

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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: AOL, ARNA, CLDN, RMBS, SNPS, XOMA, ZNGA

09:03 | Permalink |

Stocks to keep an eye on February 10, 2015

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Voxeljet AG (NYSE:VJET) has been consolidating over the past three weeks, and is approaching its critical breakout point of 8.87, which may be broken out soon. If the stock crosses this downtrend line (+50EMA), it has potential to gain 10-15%. Daily technical indicators are turning bullish. The daily MACD is rising above its signal line and seems ready to enter positive territory. The daily RSI has moved up to its 50% level and the A/D line is starting to curl upward. A move above 8.87 would confirm a break of resistance and possible reversal of the downtrend.

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Plug Power Inc (NASDAQ:PLUG) On watchlist no trigger yet. Long above $2.97

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Vringo, Inc. (NASDAQ:VRNG) Congratulations to my all readers and twitter followers that capitalized on this one. The stock closed up $.195 for gains of 31%. Volatile stocks like VRNG can make big moves in a matter of minutes, so we never know if this stock has more left in it or not. If you locked in profits, CONGRATULATIONS !!! I sold at 77c as i mentioned on twitter.

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Silicon Motion Technology Corp. (NASDAQ:SIMO) continues to show strength. The continued strong volume on upside moves indicates more than just short covering. Buyable on a pullback to the pivot.

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Zynga Inc (NASDAQ:ZNGA) Technically speaking, I think the stock has a good chance to run to the 200-day EMA if we see some strength in the markets. On the daily time-frame, the MACD-histogram has been sloping up and the 50-day EMA has just ticked up to give a buy signal on the Impulse System. The Slow Sto and RSI are both rising, indicating bullishness.

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Celldex Therapeutics, Inc. (NASDAQ:CLDX) held up well in the weak market, giving me a convenient entry point. The stock seems to want to bounce off the 50-day EMA again. I think there is another upside move coming soon.

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: CLDX, PLUG, SIMO, VJET, VRNG, ZNGA

22:36 | Permalink |

Stocks to keep an eye on February 9, 2015

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Zynga Inc (NASDAQ:ZNGA) The gaming sector is getting HOT again and this stock should be in your watchlist next week. The stock is testing its downtrend line since Sept 2014 with a lot of indicators showing up. It has an up trending RSI currently at 60, indicating bullish potential and it is witnessing a reversal in the MACD, which could symbolize accumulation. If the stock breaks and closes above 2.80, then the rally can be extended further 2.93 and 3.19 levels. I went long at 2.74 and have a stop loss at 2.46.

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I also would like to bring your attention King Digital Entertainment PLC (NYSE:KING) a company well positioned in the gaming industry and I believe it may be significantly undervalued. The daily chart is currently showing a small ascending triangle formation with resistance sitting firmly just below 14. In the short-term, momentum remains bullish. The daily MACD has reversed, the histograms are positive and daily RSI has turned up. Keep KING on your radar screens, because I think a breakout is imminent.

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Keep an eye on Sodastream International Ltd (NASDAQ:SODA). Looks poised to break this falling 50EMA. Although the stock faced a minor dip in yesterday's session, the technicals remain bullish. I still holding my long position.

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Qihoo 360 Technology Co Ltd (NYSE:QIHU) broke back above the 50-day exponential moving average on decent volume. Keep on watch to break this horizontal resistance line and go long. The daily MACD is trending higher aboveits signal line and just crossed the ZERO level, showing a shift to bullish momentum. Potential long setup with a stop slightly below the 60 level.

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Novavax, Inc. (NASDAQ:NVAX) Tried to clear this key resistance level on Friday but failed, watch for the break on heavy volume.

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Endurance International Group Hldgs Inc (NASDAQ:EIGI) surged 9% or $1.49 to $18.06 per share on Friday, with volume which was 3x above average. The move pushed the stock above the $17.29 resistance level (20EMA) and produced a pocket pivot buy point. Let's see if next week it breaks over 18.26 and retest the recent highs of 19.09

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Vringo, Inc. (NASDAQ:VRNG) appears to be forming a potential rounding bottom that could indicate a trend reversal. The MACD is on the buy zone now and RSI is rocking upwards, given the strong price movement in the past couple of days. VRNG has an upside potential of another 25-35% if it breaks 68c mark comfortably on volume. Vringo stock is volatile, so traders should keep previous week's low as a stoploss. I went long at .653.

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: EIGI, KING, NVAX, QIHU, SODA, VRNG, ZNGA

10:53 | Permalink |

AC Investor Blog

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

Friday, April 19, 2019

Several charts to watch this coming week - Happy Easter Everyone !!

Thursday, May 11, 2017

My Watchlist for Friday, May 12

Sunday, August 28, 2016

My Watchlist for Monday, August 29

Monday, July 18, 2016

Stocks to Watch for July 19, 2016

Saturday, June 13, 2015

Stocks to keep an eye on June 15, 2015

Saturday, May 09, 2015

Stocks to keep an eye on May 11, 2015

Monday, February 09, 2015

Stocks to keep an eye on February 10, 2015

Saturday, February 07, 2015

Stocks to keep an eye on February 9, 2015

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