Tuesday, February 17, 2015

Setups to Watch Tomorrow, Wednesday 18 $SALE $GALT $GERN $IMPV $GILD $OXGN

SALE ---> It is trading very well inside of its big Gap! Today, shares rose +3.56% with high volume and buying pressure ! Chart indicators are showing strong Buy Signals and a great Momentum here! I´ll be watching tomorrow for continuation! Long over $17.19

GALT ---> Remains on my watchlist for at least two weeks and should continue a while longer! It has been showing strength and will to go higher! Today made another strong session with high volume closing near at high of day! Its Money Flow is very bullish here, with money flowing fast into the stock! Also, its Fast Stochastic and RSI are giving strong buy signals and we can see too, that Buying Pressure is very intense here! GALT is in a great Momentum and my next price target is $4.50 for testing the Breakout! Long setup to watch

GERN ---> It made a strong trade session with high bullish volume crossing up its 50EMA, 20EMA and its Descending Triangle! Also, it closed at high of day, so, we have here a Gapper Candidate tomorrow! Technicaly, chart is showing some great buy signals, such as its Bullish MACD and ADX Crossovers and its RSI, which came back to buying area! GERN is setting up for continuation of its upward movement and, with 16.97% of short float, can do it fast! Stay tuned!!

IMPV ---> Directly from my last blog post, I come back here to mention it to have in attention to its great Momentum! Today, shares rose +4.35% with high bullish volume for the second straight day, crossing up its 50EMA and making a nice breakout! MACD and ADX, both bullish crossovers, are giving a strong support to the climb and you can see too, that Accumulation here is very strong! Buyers are in charge! Keep closely

 GILD ---> I´ll be watching tomorrow for a break above its Symmetrical Triangle and a move into the breakout! Chart is showing strong positive divergences and Momentum is gaining strength! Worth watching this Gapper Candidate!!

OXGN --->  It broke above its 50EMA with heavy volume and close above it, which is a great bullish signal! Like its Bullish ADX and Fast Stochastic crossovers, both are giving a strong buy signal and like also its buying pressure here, very high too! It has large room to climb if it wants! On radar

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