Monday, January 12, 2015

Setups to watch on Tuesday, January 13 $EDU $FEYE $RSH $SLW $DSW $ZNGA

Dear reader, Trader or Investor,
We are at a time that is essential to rule prudence and make trading very carefully! Crude oil continues to press hard and the market are accusing nervousness! Even so, I will try to give you some ideas that hope you profit! Take this opportunity to say that, if you feel anxious or not knowing what direction to take, I recommend you to take a look at the Dynamic Profit Detector ( Click Here )! You going to see that you will like, its easy simple and Free !! Trade Steady, Trade Wise !! Good luck



EDU ---> Corresponded very well to my expectations, mentioned in the previous post! Now that it has broken its 50EMA with decent volume, has opened the way to move up high! It is a Gapper Candidate and a Potential Upside Runner

FEYE ---> It made a strong trade session with heavy bullish volume in a very ugly day! This setup is well positioned to reach its 200EMA easly, and, if it breaks, will be interesting!! Technically, it is well supported by its Bullish MACD and ADX Crossovers! Money Flow is now positive and its Buying Pressure is very strong! Great Momentum here and a SkyRocket Candidate over $36.14 to watch

RSH ---> Salus Capital Offers Radioshack $500M Bankruptcy Loan! This is a fantastic new for RSH, which can now see a light at the end of the tunnel!! Investors are also watching this whereby the stock triggered immediately and should continue tomorrow! Keep closely, you can take here a nice and easy profits

SLW ---> It made a very nice breakout with high volume! As you can see in the chart, bulls are in command and wants and want to bring it up! To prove that, just look to RSI and MACD, both with a Bullish movement, ADX is very strong here as well its Buying Pressure! SLW has a large room to climb now and has pooled the conditions to move much higher!! Worth watching  

DSW ---> Breakout watch over $37.67


ZNGA --->The chart above ( 60min Chart ) show to us a very strong Bullish activity on ZNGA in the last hour! It made a fantastic recovery from Low of Day with heavy bullish volume! In this timeframe,  i appreciate very much its Bullish ADX and MACD crossovers and also, its RSI which it close the day in buying area! Very interesting ZNGA here! 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