Friday, February 6, 2015

Setups to Keep in Mind Today $NM $SODA $TRMB $SRPT $BBRY $NVDA

NM--->  I mentioned yesterday here in my blog to watch this setup! I hope that had followed! It responded very well to my expectations with shares rising +6.62% on volume! The price is now trading above its 50EMA and above its Upper Bollinger Band and as you can see in the chart, the room to climb is huge ! It is in a great Momentum! I´ll be watching today for continuation

SODA ---> I recommend to watch this setup very closely! It is about to cross up its 50EMA, and with 17.19% of short float, can provide to us a big short squeeze and consequently strong upward movement! Shorts should start to worry! 

TRMB ---> Another stock that was in my last post and made a strong trade session crossing up its 50EMA with high bullish volume! It close at high of day which means that we have here a Gapper Candidate with large room to climb! Worth watching again

SRPT ---> We have here a Big Short Squeeze Candidate after it made a strong breakout in last trade session! To note that has 33.76% of short float and investors seem to be well aware of this ! Keep closely

BBRY ---> Is back to trade above its 200EMA and with high volume! Technical indicators begin to show positive divergences proving that is gaining Momentum again, and as closed near its high of day, we may have here a gapper candidate! $10.27 is the next resistance! Long setup to watch

NVDA ---> This Gapper Candidate is about to entry in Breakout mode and i´m enjoying its Bullish ADX and MACD Crossover, which are giving a strong support to the price, and of course, a strong Buy signal! To follow

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