AC Investor Blog

11 stock charts to watch next week

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Lululemon Athletica (NASDAQ:LULU) jumped $2.97 or 1.56%, on Friday, breaking key resistance at 192 and closing at 193.12. The stock has renewed momentum, which could move it to the 200 area in the next few trading days.

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Roku (NASDAQ:ROKU) remains on watch for a quick reversal. It has been holding this range for the last two weeks and I feel the next move will be higher. However, we need a close above $110 on volume to confirm the reversal.

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On Wednesday and Thursday I told to my followers to be ready for a reversal for Intec Pharma Ltd (NASDAQ:NTEC). Yesterday, the stock rose more than 21% closing at 85c on heavy volume. We could be looking at just the start of a another big rally for this stock. Congratulations to my followers and everyone making a profit here. I like NTEC for further gains, this is just the beginning IMHO My SL is located at 65c

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I used Friday’s pullback on Tocagen Inc (NASDAQ:TOCA) to initiate a strong long position. My rationale is that while it may take some time to recover all the recent loses, in a fastmoving market one is pretty much obligated to anticipate big turns, specially in extreme oversold stocks, like this one. TTNP and ZSAN was a good example on Friday. I opened a long at 67c and im looking for a run to $1

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Zosano Pharma Corp (NASDAQ:ZSAN) is a stock I wrote about recently as one to watch for a potential reversal as well as one that has been on my bottom scan. On Friday that reversal came to fruition to the tune of an 26.25% gain for the stock amidst impressive buying pressure.I expect ZSAN to continue to gain investor interest going forward. Keep it on your watch list next week.

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Electrameccanica Vehicles Corp (NASDAQ:SOLO) Nice bullish candle on Friday. Previous resistance is now turn into holding support. The stock has had a rough time over the past weeks but the selling pressure seems to have dried up. In my view, the stock has formed a bottom and I expect a move past 1.82 to take the stock towards the target of 2.1 with stop-loss at 1.60. From a technical standpoint, there are some signs of an imminent bounce due to the positive divergences, which often leads to short covering. A big bounce could be brewing.

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I also opened a long in Arca Biopharma Inc (NASDAQ:ABIO) at $5.2 on the assumption a lot of bad news is already in the price and that major support has the potential to act as a strong bullish catalyst again. Buying ABIO around 5.2-5.5 has been worked perfectly for me over the last months. Watch for a break out back above the 5.6 level which is Friday's high.

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Aileron Therapeutics Inc (NASDAQ:ALRN) Also this daily chart is right near its bottom and I think we could see a strong reversal over the coming days or weeks. Watch it closely.

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TOP Ships (NASDAQ:TOPS) Nice runner from the buy list yesterday. After one week of consolidation in the 2.7-2.95 area stock finally broke out and took out its critical level of $3. The break of this key resistance line confirms a short-term trend reversal and the beginning of new momentum, which could move the stock above the $3.35 area.

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Mersana Therapeutics Inc (NASDAQ:MRSN) seems to be undervalued at current levels with a good balance sheet after reading the Cantor presentation on Friday. The stock was trading at $6 in May hit $1.48 on Friday, closing at $1.51. I think it could see a sharp reversal in the next few sessions. Remember, these bottom play type small bio stocks could continue to fall, but they could also post sizable relief rallies. The farther the fall the greater the chance for ahuge reversal, especifically stocks trading significantly below cash levels, its been quite a fall for MRSN on no news. Im long and strong here.

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I have Apple (NASDAQ:AAPL) on my watchlist. It may be ready to break out of this consolidation. Go long on a close above 228.22

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: AAPL, ABIO, ALRN, LULU, MRSN, NTEC, ROKU, SOLO, TOCA, TOPS, ZSAN

18:17 | Permalink |

Trade Ideas for the coming week

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Snap Inc. (NYSE: SNAP) broke out of a bullish flag formation and closed just slightly below a key resistance level at $17. A break of this level in the next couple of days could lead the stock towards new highs around the 18.36 area. Long setup.

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Kandi Technologies Group Inc (NASDAQ: KNDI) jumped 12 cents, or 2.26%, on Friday, breaking key resistance at 5.38 and closing at 5.44. That's the highest close in more than six weeks, thus confirming that the stock has renewed momentum. This momentum could move stock to the 5.8 area in the next few trading days. Long setup on watch.

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I like this daily chart on Twitter, Inc. (NYSE: TWTR) a lot. Prob one of my Favorites. As you can see the stock brokeout on high volume Thursday and was able to keep the strength on Friday. I've seen this many times in the market and you know what the end result usually is? Well, it's alot of money. RSI still rising and we are not even in overbought territory yet. Plus, the Accumulation/Distribution shows that the stock continues to be under accumulation by institutional traders and money managers. We should see more highs ahead.

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Inpixon (NASDAQ:INPX) was able to make upward movements in intraday trading for the second day in a row as volume continues to increase. In the past, INPX has been able to significantly witness growth in market valuation following the type of trading activity that has been seen recently. Breakout watch over 0.142 on volume for a possible short-term target of 18c (Note: This is a penny stock, so play accordingly).

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Appliance Recycling Cntrs of Amer Inc (NASDAQ: ARCI) has been consolidating around 4.50 levels. We have seen strong accumulation during the consolidation phase, very positive sign. Watch for a potential breakout next week since volume is expected to increase under conditions showing light resistance. Daily technical indicators are looking bullish. MACD is lying above the Power Zone and RSI is about 54 so it's in the range of its support prices which could minimize the downside risk at these levels. Worth watching for a breakout above the 4.85 level.

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Zosano Pharma Corp (NASDAQ: ZSAN) broke and closed back above its hourly 50EMA on solid volume. The bulls will now try and regain control. Watch the stock next week since shares appears setup for an Increase.

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Roku (NASDAQ:ROKU) Big momo stock. Consolidating here, play the line it breaks on heavy volume.

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Baxter International Inc. (NYSE:BAX) Cleared this ascending triangle on volume. Setting up for higher prices.

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I alerted Microbot Medical Inc (NASDAQ:MBOT) to my twitter followers a few days ago before crowd when it was trading around the $5 level. The stock jumped 44% or $2.16 cents to 7.06 on Friday as the company announced that will demonstrate a working prototype of the Company’s Self-Cleaning Shunt (SCS™). I still holding a small position. Next major resistance lies at 7.5

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: ARCI, BAX, INPX, KNDI, MBOT, ROKU, SNAP, TWTR, ZSAN

08:37 | Permalink |

Some stocks to watch next week

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BlackRock (NYSE: BLK) is coiling up below the declining 200-day exponentila moving average, forming a potentially bullish pattern, to blast through the 200EMA on a breakout of that pattern. Long setup on watch.

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Deere & Company (NYSE: DE) bulls have no reason to be alarmed yet. In fact, they may have a reason to celebrate, the stock closed the week with a bullish candle near the key resistance level of $166.19, a strong Bullish signal for next week.

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Bioblast Pharma Ltd (NASDAQ: ORPN) on my top watchlist for next week after reading last week PRESS RELEASE. The company announced the sale of its Trehalose Clinical Development Programs to Seelos, and under the terms of the agreement, Seelos will pay Bioblast a payment of $3.5 million in two instalments; $1.5 million payable upon closing of the sale and the other $2.0 million will be paid upon the first anniversary of the closing of the sale. Potential additional milestone payments of up to $17.0 million will be made upon completion of the clinical study and approval of a New Drug Application (NDA) by the Food and Drug Administration (FDA), as well as royalties. Keep in mind, the market cap of this company is just $4.5M. I think people is people is underestimating this deal. Read the press carefully this weekend. I would not be surprised if we break the $2.17 level next week. I took a long position on Friday.

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Nio Inc (NYSE: NIO) will be featured on 60 minutes Sunday night. The stock has been trading heavy volumes recently and continue to impress with another show of strength. Technicals look Bullish to me. Momentum picking up with MACD climbing and RSI rising. Watch for continuation.

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Arcadia Biosciences Inc (NASDAQ: RKDA) is in a very strong bullish trend, having gained almost 100% since December lows. The stock is coiling up, and if it can push above $5.58 convincingly next week, it could be off to the races.

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Zosano Pharma Corp (NASDAQ: ZSAN) could be worth watching if the pullback continues next week. If it drops, there is a strong support zone around 3.75

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AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO) still holding a strong position. The stock has been basing for over a week under resistance near 66c. If the stock clears resistance the move may be powerful. A good sign, is that the big institutions have been buying this longer term dip while keeping price low. Check my latest tweet about AVEO

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JD Com Inc (NASDAQ: JD) may be ready to break out of this sideways consolidation. Potential swing long above 26

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Shares of Marinus Pharmaceuticals rallied hard Friday on heavy volume. If it clears back over 4.33, may have some good upside.

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: AVEO, BLK, DE, JD, MRNS, NIO, ORPN, RKDA, ZSAN

21:10 | Permalink |

Take a look at these Biotechnology Stocks next week

Hello Everyone!!

What a year it has been so far! Congrats to all the twitter followers and readers who moved on opportunities the entire year, for those who still haven't taken advantage and seen gains, there is still time. I continue to see in smallcaps and low floaters high probability of big gains, specifically in the bio sector, therefore i will keep them in my portfolio. As always, don't forget to use a stop loss or a trailing stop for these particular cases. Trading small caps stocks can be risky, however where there are great risk, there can also be great rewards and we should act accordingly. As an independent trader, my mission is always to share ideas based in something real, news, catalysts and chart patterns, it does not matter if it is a small, mid or a big cap. For next week, i selected the following stocks based on the pattern and price action. Keep in mind, the months of September and October are typically the most volatile months for the markets, and it will be interesting to see how this story continues to play out. Honestly, i continue to see more highs for the indexes in the coming months, as the economy continues to show healthy momentum. God bless you guys. Be safe and enjoy the weekend.

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Johnson & Johnson (NYSE: JNJ) continues to act strong setting new six-month highs. Daily technical indicators are not yet overbought so higher prices are likely in the intermediate term. Price is expected to at least rally the next resistance at $139 and even go higher to test the $145 level. Long setup on wacth.

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Pfizer Inc. (NYSE: PFE) is consolidating below the highs in the trading range of 41-42.5. A move above this level, would confirm the break of the three-month consolidation. Stops should be set in the 40.5 area.

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Evofem Biosciences Inc (NASDAQ: EVFM) turned into one of the hottest stocks last month and posted some incredible profits for my twitter and blog followers. As i tweeted yesterday, i followed my trading plan and sold all my shares around the 4.5 area. From a technical standpoint, the EMA200 at 4.97 is a level to watch now.

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Innovate Biopharmaceuticals Inc (NASDAQ: INNT) has pulled back on declining volume to previous resistance, where it seems to be finding support. If this support holds next week, it will keep alive the chances of a rise to $7 once again immediately and will increase the probability of a breach of 7.50. Short-term momentum is displaying positive divergences on the hourly charts and RSI is oversold. I took a position Friday before the close.

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Tyme Technologies Inc (NASDAQ: TYME) is another bio smallcap that i brought to my Twitter followers attention lately. This stock is in the process of bottoming and we expect a pop above $2.4 at some point in the coming days. Technically, the daily trajectory of the MACD and Slow Sto are also pointing to higher prices. Let's see what Monday brings.

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Zosano Pharma Corp (NASDAQ: ZSAN) is showing early signs of reversal. A high volume move through the 4.25 (declining EMA50) price level would be buyable. The MACD is showing a positive divergence and the RSI is attempting to breach line 50 level forcing me to think the possibility of a trend reversal.

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Congrats to those of you who made bank on Gemphire Therapeutics Inc (NASDAQ: GEMP) stunning delivery last week. I bot the stock on the break of the trend line around the 1.55 level, and sold well abv 2.25. Unfortunately, i sold too early. We can't be perfect but we always strive to be perfect in following the pivot points. Might re-enter again around the 1.7 area.

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Merck & Co., Inc. (NYSE: MRK) Keep a close eye on this one next week, looks ready to break out into new high territory.

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Bristol-Myers Squibb Co (NYSE: BMY) Looking at the chart above the stock is inching closer and closer to another breakout move (ascending triangle pattern). Buying momentum is still positive and strengthening. Breakout watch above 61.59

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STRATA Skin Sciences Inc (NASDAQ: SSKN) broke above resistance in Friday's trading session after a period of consolidation. I still like this stock and will be watching it again on Monday, expecting to see a continuation move.

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I took a long position in Stellar Biotechnologies Inc (NASDAQ: SBOT) Friday, it's an aggressive buy but the risk/reward ratio is good. The stock is also trading well below cash. Honestly, i think the stock is attractive at these levels and fundamental growth prospects look very promising IMO but only the time will tell. Stop 1.32

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: BMY, EVFM, GEMP, INNT, JNJ, MRK, PFE, SBOT, SSKN, TYME, ZSAN

15:36 | Permalink |

My Watchlist for Tuesday, May 15

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Boxlight Corp (NASDAQ: BOX) Hope you all enjoyed a great start to what could be a great trading week. A huge congratulations to all those who profited from Friday's alert on Twitter. The stock rallied for over 80% potential gains on Monday. I took profits and will keep BOXL on my watchlist for a possible re-entry. The next key resistance is located at $14.

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Tyme Technologies Inc (NASDAQ: TYME) was another big winner from the watchlist. The stock exploded from a low of 2.47 to a high of 3 for a nice intraday move of 18%. Congratulations to all my readers and twitter followers that played Friday's alert and pocketed some nice gains. As long as the stock stays above the EMA50, the bullish scenario still intact.

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Zosano Pharma Corp (NASDAQ: ZSAN) I would like to present this chart of another low float stock that could see a nice bounce in the coming sessions. Big rally in the final hour on Monday. Next key resistance is now located at 4.6, a break above this level will confirm the bullish trend, and the following uptrend will take price up to the GAP zone. The daily technical indicators are reversing up and are advocating for a technical rebound. Keep it on watch. Short-squeeze candidate.

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Tandem Diabetes Care Inc (NASDAQ: TNDM) had a very interesting move Monday on heavy volume. Ten months ago, shares traded as high as 12.2 a share, which leaves plenty of upside at current price levels and investors started to take notice of that. There is a good chance the stock will continue to move up.

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MYO potential breakout trade above 4.05 resistance area.

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Im keeping Payment Data Systems, Inc. (NASDAQ: PYDS) on the list for a possible move this week. The stock recently has been strong, which leads me to believe that there are buyers and we could see another up move soon. PYDS is a fast moving stock, so you need to watch it closely, because once it breaks through 1.87, it will run fast.

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MannKind Corporation (NASDAQ: MNKD) has been under pressure recently but in the last sessions the stock reversed its trend. The daily indicators are also showing signs of reversal. If it can break through the 1.92 resistance level, the stock should have a nice move on the upside. Im long.

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: BOXL, MNKD, MYO, PYDS, TNDM, TYME, ZSAN

08:24 | Permalink |

My Watchlist for Thursday, October 12

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Alphabet Inc (NASDAQ:GOOG) surged 1.71% to $989.25 per share breaking out an important resistance on decent volume. We should be able to see some decent upside movement for the bulls here. Technically, the stock still in a very strong bull market with MACD on top of signal line and 50-day exponential moving average on top of 200-day exponential moving average. Long setup.

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Zosano Pharma Corp (NASDAQ:ZSAN) had a great move on the upside today and closed above the declining 50-day EMA for the first time since June. Based on the volume, the stock is clearly under accumulation as traders become familiar with this company's potential. Any close above the $1.10 mark should be seen as a serious threat for the stock to test the 1.50 area. I believe ZSAN could make a solid move higher given both its fundamental and technical factors.

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Snap Inc (NYSE:SNAP) Nice price movement on solid volume today. Looks ready to break the declining 100-day EMA at 16.13. Keep it on your watch list going forward.

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DelMar Pharmaceuticals Inc (NASDAQ:DMPI) is forming a rounding-bottom reversal pattern on the daily chart. I'm still convinced that a breakout is coming sooner or later, and the move will be powerful if it breaks out upwards, due to the high short interest. On watch.

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WPCS International Incorporated (NASDAQ:WPCS) Congrats to those who paid attention yesterday (alerted on twitter at 1.65). The stock closed up 19% on a monstrous 10.2M shares traded. To receive FREE alerts before the crowd, follow me on Twitter.

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Pain Therapeutics, Inc. (NASDAQ:PTIE) Good for swing trade. The 200-day EMA at 4.96 is an important resistance that once broken will set off a huge run up in price, the 1st target would be $5.95. Key technical indicators are implying that investors have become more bullish since early September. The setup looks good for an upside breakout. On watch.

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: DMPI, GOOG, PTIE, SNAP, WPCS, ZSAN

22:22 | Permalink |

AC Investor Blog

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

Saturday, October 05, 2019

11 stock charts to watch next week

Sunday, September 08, 2019

Trade Ideas for the coming week

Saturday, February 23, 2019

Some stocks to watch next week

Saturday, September 08, 2018

Take a look at these Biotechnology Stocks next week

Tuesday, May 15, 2018

My Watchlist for Tuesday, May 15

Wednesday, October 11, 2017

My Watchlist for Thursday, October 12

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