Sunday, December 28, 2014

Setups to Watch on Monday, December 29 $RNWK $KBR $KING $BBRY $LOCK $ZGNX

RealNetworks, Inc. ( RNWK ) ---> It made a strong trade session with low volume crossing up its 200EMA! It is a Gapper Candidate for Monday and is well positioned to move much more higher when it get volume! MACD and ADX are showing a tremendous strength and Buying Pressure here is huge! Like also its Healthy Money Flow! Keep closely

KBR Inc. ( KBR ) ---> It made a nice trade session, also with low volume and is approaching of my initial target, its 50EMA! I still liking of its performance, which is moving up very nicely and, if break up its 50EMA it will gain a huge room to climb! Technically, its Fast Stochastic is showing a strong buy signal and Buying Pressure here is high! Worth watching

 King Digital Entertainment Plc ( KING ) ---> I still say that it is developing a strong base for the next upward movement! The session on Friday was interesting, since that price broke down the 20EMA but proved to have enough strength to recover and close above it again, which is showing a strong support for now! We may have here a good opportunity to buy! Keep closely

BlackBerry ( BBRY ) ---> It is a Potential Upside Runner over $11.07! If do that ( which i belive it will happen already on Monday ), it can reach its last high, $12.54, very fast! Its Momentum is growing day by day, as shown by the indicator Fast Stochastic! Also, 20EMA crossed above its 50EMA which is a very bullish signal, MACD is bullish crossover and is moving now in a positive area and Buying Pressure is huge here! Bears, you are done!! North is the direction

 LifeLock, Inc. ( LOCK ) ---> It is a Potential Upside Breakout and Runner over $17.99! Like its strong Accumulation and its Bullish MACD Crossover! Fast Stochastic is giving a good buy signal as well! Nice positive divergences that can push it to higher! Worth watching


Zogenix Inc. ( ZGNX ) ---> It is a Gapper Candidate and a Potential Upside Runner after making a strong breakout on volume in the last trade session! Technical indicators are showing a great Momentum here; MACD is Bullish Crossover, ADX is pointing to high revealing a huge strength, Buying Pressure is heavy and its Fast Stochastic is giving a strong Buy Signal! Bulls wants ZGNX higher! Let catch the ride! Keep closely



Disclaimer

All charts posted here are merely tools to study based on major technical indicators!! It is up to the reader to decide whether the stocks mentioned above are appropriate for your strategy! I warn that the good performance of a stock not depends only the technical data and I can not responsible for any trade that goes wrong!! Follow me on Twitter and Stocktwits, during the day I post some good ideas of trade

Regards

FonsieTrader