Wednesday, February 18, 2015

Trade Ideas for Tomorrow, Thursday 19 $WB $SGEN $SAFM $ARNA $GALT $IDRA

WB ---> It made a strong trade session with high volume crossing up its 50EMA! It is now well positioned to make a good upward movement and, with 30.35% of short float, it can give to us also, a Big Short Squeeze! Technicaly it is showing a great Momentum, with RSI placed in a comfortable area, MACD is pointed to higher and ADX is bullish crossover! As it closed at high of day, it is a Gapper Candidate for Tomorrow! Worth watching

SGEN ---> It made a strong breakout with high bullish volume! Shares rose +5.01% crossing up its 50EMA and its Upper Bollinger Band Line! SGEN is now well positioned to reach its 200EMA easily and counts with a powerful ADX Crossover, which is supporting the price, high Buying Pressure and Healthy Money Flow! The Momentum here is strong! Keep closely

SAFM ---> Well, Shorts are in trouble! It made a fantastic trade session, crossing up all EMAs with heavy bullish volume! Bulls are in command and its 38.93% of short float can give to us a Big Short Squeeze tomorrow! Technicaly i like of its bullish MACD and ADX Crossovers, both giving strength to the price, its RSI which came back to buying area and Accumulation, which is starting to grow now! It is ready to fly! Long Idea over $84.80

ARNA ---> I´ll be watching tomorrow for a break above its 200EMA with decent volume! If do that, we may have here a Potential Upside Runner! Like its Bullish MACD crossover which is giving a strong buy signal! Long Idea over $4.76

GALT ---> It is working very well and and continues to show lot´s of upside potential! I´ll be watching for continuation tomorrow!

IDRA ---> It made a nice breakout with high volume in last trade session! This stock is under strong Accumulation as you can see by AC/DT indicator ! Its MACD Crossover and its Healthy Money Flow are giving a strong buy signals which leads me to follow this setup ! $4.95 is the next test! Keep closely


Disclaimer

Here's a friendly reminder: all charts shared here are powerful tools based on major technical indicators. However, it's crucial to remember that stock suitability depends on your individual strategy. 🛠️ I must emphasize that good stock performance isn't solely determined by technical data. 💡 As always, trade cautiously, and I cannot be held responsible for any trade outcomes. Remember, I'm not a financial advisor.