Saturday, January 24, 2015

Trade Ideas for Monday 26, $VIPS $NUAN $ZNGA $ATEN $FNSR $MNKD $AKAM $BIDU

VIPS ---> It is in Breakout Mode! It has a strong resistance area ahead and if break this level, $22.96, it will be free to run into its last high, $24.80, and can do it fast! All technical indicators are giving strong buy signals which means that Bulls are in command! Long over $23.11

NUAN---> It made a nice trade session with high bullish volume crossing up its 50EMA and closing above it! It has now a nice room to climb and looking to the technical side, Investors are watching that! Is Momentum is growing nicely, as you can see by its Bullish ADX and MACD Crossover, which are giving a strong support and its CMF ( Money Flow ), which  is about to be positive! Go long over $13.90

ZNGA---> Finally, we have a great Momentum in Zynga! It made a very powerful breakout with bullish volume, crossing up its 20EMA, 50EMA and yet, its perfect Symmetrical Triangle! It is now well positioned to reach and test its 200EMA! Technically, Bulls are back tightly! Like its Bullish ADX and MACD crossovers! Also, Accumulation here is very strong as well its Money Flow, which is flowing strong into the stock! This stock is ready to rocking! Keep it very closely

ATEN----> Breakout to watch over $5.58 and Take Off Candidate with large room to climb! Its partnership with Cisco will be a great booster! On radar

FNSR ---> We have here a Breakout to watch over $19.99 and a Potential Upside Runner, after making a nice trade session with high bullish volume! It has open way to run and can count with nice Bullish ADX and MACD Crossover to support that movement!! Looking healthy Finisar! Long over $15.99

MNKD ---> It made a strong trade session with decent volume crossing up its 20EMA and its Symmetrical Triangle! With 29.90% of Short Float, it is well positioned now for a great short squeeze into its 200EMA! Once again, its bullish ADX and MACD crossovers are giving a strong support and i like also, its RSI, which is now in buying area! Looking good its Momentum here! Worth watching

AKAM---> Potential Upside Runner over $61.29!! It is about to move above all EMAs with strong positive divergences on chart! Keep closely

BIDU---> It made a nice trade session crossing up its Symmetrical Triangle with chart showing strong positive divergences, which confirms its good Momentum!! Long setup over $234.67


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