AC Investor Blog: 10/01/2013

Stocks to Watch for November 01, 2013

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Dyax Corp. (NASDAQ:DYAX) broke out to new highs on heavy volume. The uptrend is intact and signals further bullishness on this stock. According to the technical daily chart above, this is a strong stock as the MACD is on top of signal line and in positive territory, while stock price is above 50-day and 200-day exp moving averages. I think it is a buy on any dip with a stop loss placed under the breakout point.

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Gogo Inc (NASDAQ:GOGO) Holding up nicely after a nice move on Monday. Go long when it clears 19.18 on volume. The technical daily chart still shows bullish sign as the stock is trading above both 20-day and 50-day moving average with both moving averages going upward. The other technical indicators such as MACD and RSI also show buy signal as MACD is above 0 and RSI line is above the 50% level.

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Pengrowth Energy Corp (NYSE:PGH) Keep a close eye on this one tomorrow, looks ready to break out into new high territory.

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Eastman Chemical Company (NYSE:EMN) Keep on watch, may break this resistance line and fill the gap.

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Penn National Gaming, Inc (NASDAQ:PENN) Nice price movement on decent volume today. Looks ready to break this triangle to the upside. Next buy when it clears 58.79 on heavy volume.

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: DYAX, EMN, GOGO, PENN, PGH

21:48 | Permalink |

Stocks to Watch for October 31, 2013

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Towers Watson & Co (NYSE:TW) is still consolidating and may still have a chance to move higher from here. Next buy area when it clears 118.73 on heavy volume.

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Applied Materials, Inc. (NASDAQ:AMAT) is still holding up well here and the stock has a chance to move higher. Keep this one on your watch list, it could be setting up to break out of this flag.

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United Continental Holdings Inc (NYSE:UAL) Another stock that looks like it will break out soon, watch this trend line and act accordingly.

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Royale Energy, Inc. (NASDAQ:ROYL) I still think this is a nice LONG setup. The stock continues to play with its 200-day exponential moving average line. Long entry should be over 2.75.

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Another one that looks like a LONG opportunity, mentioned last night. With today's move on heavy volume, Vringo, Inc. (NASDAQ:VRNG) shares are back over the 20-day exp moving average, which I've been waiting on to add the name back to the portfolio again.

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Banco Santander Brasil SA (NYSE:BSBR) held up well on Wednesday and closed near the high of the day. Looks ready to test the recent highs.

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: AMAT, BSBR, ROYL, TW, UAL, VRNG

21:35 | Permalink |

Stocks to Watch for October 30, 2013

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Himax Technologies, Inc. (NASDAQ:HIMX) Nice Bullish Engulfing candle today on solid volume. The stock broke through its short term resistance level of $10.07 and looks ready to go higher. HIMX could touch an upside target of $11.49 in the short term. Looking at the technical chart we start to see now some signals of rebound as the chart shows positive momentum is back. In addition, the 13-day moving exp average crossed on top over 20-day exp moving average, which is a very positive sign. Short-term outlook for the stock is now bullish with share price above 9,13, 20 and 50 exp moving averages.

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Vringo, Inc. (NASDAQ:VRNG) Need to see further upside confirmation tomorrow before adding to current position. The stock completely changed my point of view closing the day well positioned to break one important area, its EMA at 2.79. The technical chart is displaying a buy divergence on the upside. So, tomorrow keep an eye on VRNG for a possible breakout over $2.79 on a close basis.

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Schlumberger Limited. (NYSE:SLB) looks poised for a break to the upside. The stock has been holding a tight range. Long over 94.91 for a target of 98 with stop loss of 89.98. Daily technical indicators are bullish. The MACD is above its signal line and both are moving up in positive territory. RSI and slow stochastic are both near their overbought zones. Long setup.

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Cheniere Energy, Inc. (NYSEMKT:LNG) waiting for a break above the 40 level for a long position.

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DENTSPLY International Inc. (NASDAQ:XRAY) A nice looking bullish pattern on the daily chart. About to break out up into new highs once again. Long over 46.11

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Murphy Oil Corporation (NYSE:MUR) looks ready to break a recent high of $63.23. Bullish MACD crossover. Keep it on your watch list going forward.

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: HIMX, LNG, MUR, SLB, VRNG, XRAY

21:46 | Permalink |

Stocks to Watch for October 29, 2013

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Himax Technologies, Inc. (NASDAQ:HIMX) Nice bounce off the 50-day EMA for modest gains Monday. Slow Stochastic is turning up and the MACD histogram is forming a base for a sustained rally. If it breaks above $10 tomorrow on volume look for a major move north, but still in wait and see mode.

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LSI Corp (NASDAQ:LSI) Momentum has turned bullish and a break above resistance at 8 would open the door for a rally to new highs beyond 8.08

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Petroleo Brasileiro Petrobras SA (NYSE:PBR) broke out above its 200-day EMA on heavy volume. This momentum could push this stock much higher from here. Next resistance is now seen at $18.

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QAD Inc. (NASDAQ:QADA) setting up nicely for a move here. Breakout over $14.58 for a daytrade

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Benchmark Electronics, Inc. (NYSE:BHE) tried to breakout but volume was not strong enough and it did not finish over the buy point. If the stock can break today’s high of $23.54, we should see a follow through move.

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I see Royale Energy, Inc. (NASDAQ:ROYL) 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 200-day EMA sometime 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: BHE, HIMX, LSI, PBR, QADA, ROYL

21:11 | Permalink |

Stocks to Watch for October 28, 2013

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Royale Energy, Inc. (NASDAQ:ROYL) is a low volume small cap that may be poised to move higher. The company reported great earnings last week. Entry point would be on the day it blows through $2.8 on heavy volume. The technical daily chart above indicates bullish sign as the 9-day EMA has crossed above 13-day EMA with RSI going up and MACD near the positive territory. If the stock can get above 2.8, it would likely start to create a short covering as the short % of float is about 14% currently, and 14 days to cover ;)

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AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) had a very bullish move last week breaking several resistance lines with large volume. Looking at the technical daily chart above, although the moving average still shows weakness as 50-day EMA is below 200-day EMA, positive momentum seems to be back as the stock is back above 50-day EMA. Plus, MACD is also back above "0" indicating the stock is back in bull market. Also note the HUGE volume over the last days, indicating the stock is under accumulation. AVEO Pharmaceuticals has $3.04 per share in cash and has zero debt. According to Forbes, article published on 9/17/2013, the Billionaire and legendary hedge fund manager, Seth Klarman of the Baupost Group owns more than 7% of this stock.

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Walter Energy, Inc. (NYSE:WLT) is forming a ascending triangle formation on daily. If it breaks, we could see 20 quickly.

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First Solar, Inc. (NASDAQ:FSLR) Looks like a bullish pennant formation here. Play accordingly.

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Trina Solar Limited (NYSE:TSL) Short-term indicators are showing signs of weakness. Consider taking partial profits if it breaks the 20-day EMA.

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The Wendy's Co (NASDAQ:WEN) As long as the stock holds above the $8 support level the intermediate-term picture should remain positive. Fresh exposures may be considered on a move past $8.88, with a short-term stop-loss at $8.5

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Fastenal Company (NASDAQ:FAST) Potential breakout play. Watching over 51.34 with resistance at 52.57.

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, FAST, FSLR, ROYL, TSL, WEN, WLT

17:42 | 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 October 24, 2013

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Stereotaxis Inc (NASDAQ:STXS) closed at $5.07 a share on strong money flow. This will be a stock to watch going forward.

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Organovo Holdings Inc (NYSEMKT:ONVO) jumped up by 5.26% and closed at $7.21 with total volume of 5 million shares. Upside volume has been strong lately and there are two levels to watch for a breakout: $7.5 and $8.5. The technical indicators are improving with increased accumulation. Keep ONVO on your radar !!!

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TiVo Inc. (NASDAQ:TIVO) had a strong day on Wednesday and broke through its resistance line. The volume confirmed the breakout, as it was greater than average. With technical chart showing strength as MACD is above signal and %K line above %D line, we could see the stock keep going up. Next resistance is at $14.1.

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PAA Natural Gas Storage, L.P. (NYSE:PNG) Breakout watch over 23.59. MACD has a bullish cross.

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National Retail Properties, Inc. (NYSE:NNN) Watching 34 area for a squeeze.

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Google Inc (NASDAQ:GOOG) has been is on a remarkable run and it does not looks like the trend will change soon. On Wednesday, the stock broke out of a short-term consolidation range. The high of the day was $1034,75, which is resistance for the continuation move.

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Walter Energy, Inc. (NYSE:WLT) As long as the 50-day EMA continues to hold, further upside risk could be seen toward the 15.2's

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: GOOG, ONVO, PNG, STXS, TIVO, WLT

09:49 | Permalink |

Stocks to Watch for October 23, 2013

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Century Aluminum Co (NASDAQ:CENX) Strong rally on volume today. Watch this one as it approaches a Major resistance area. All technical indicators are bullish.

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I have Rosetta Genomics Ltd. (NASDAQ:ROSG) on my watchlist. It may be ready to break out of this base. Today's news "Rosetta Genomics receives USPTO patent for lung cancer test" could be a good catalyst. If the stock price breaks out it could easily rally to my first target of $4 below the stock's 200-day EMA. ROSG is a low float stock with heavy short interest. Stay tuned.

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Alpha Natural Resources, Inc. (NYSE:ANR) broke a key resistance level (50EMA), pointing the way for further move up. Technical indicators such as MACD is confirming the upside movement and the volume was significantly higher today. Next resistance level to watch is $6.18

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Miller Energy Resources Inc (NYSE:MILL) is flagging near resistance. Only a move above $8.44 could trigger a sharp move higher.

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Itau Unibanco Holding SA (NYSE:ITUB) Stalking. If the stock can break today’s high of $15.6, we should see a strong follow through move.

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Vale SA (NYSE:VALE) broke out above its resistance level today. The stock is getting some buying and looks poised to post some nice gains if the buying volume persists. From a technical standpoint, the outlook for the stock is relatively bullish. Stochastic, RSI and ADX charts are flashing bullish signal for VALE. Keep it on your watch list tomorrow.

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: ANR, CENX, ITUB, MILL, ROSG, VALE

22:14 | Permalink |

AC Investor Blog

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

Thursday, October 31, 2013

Stocks to Watch for November 01, 2013

Wednesday, October 30, 2013

Stocks to Watch for October 31, 2013

Tuesday, October 29, 2013

Stocks to Watch for October 30, 2013

Monday, October 28, 2013

Stocks to Watch for October 29, 2013

Saturday, October 26, 2013

Stocks to Watch for October 28, 2013

Friday, October 25, 2013

Stocks to Watch for October 25, 2013

Thursday, October 24, 2013

Stocks to Watch for October 24, 2013

Tuesday, October 22, 2013

Stocks to Watch for October 23, 2013

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