Thursday, March 26, 2015

Trade Ideas for Friday 27 TNK, KING, VJET, WLK, EXP

Teekay Tankers Ltd.
TNK ---> Teekay Tankers made a strong trade session with decent volume crossing up its 50EMA and 20EMA! It is now testing its Trend Line Resistance and so, we may have here a strong Breakout Candidate! Technically i like its bullish MACD and Fast Stochastic Crossovers and its RSI, which came back to its buying area! Strong Buy Signals! As it closed at high of day, it is a Gapper Candidate ! Nice Long setup to watch 

King Digital Entertainment PLC 
KING ---> The price is colliding here and for tomorrow is expected a break above its Trend Line Resistance! Today, it made a strong trade session with decent volume crossing up its 20EMA and its Upper Bollinger Band Line!! Its MACD Crossover together with its RSI, which is in a comfortable position, and its Fast Stochastic Crossover, are giving a strong buy signal! Buying Pressure had an significant increase too! Is ready to move on! Keep closely

voxeljet AG
VJET ---> We have here a Potential Upside Runner if it break above its 50EMA, which can happens already tomorrow! It made a strong trade session with decent volume crossing up its 20EMA and closing above it! RSI came back to its buying area, MACD becomes Bullish Crossover and its Fast Stochastic is showing the strong Momentum in the stock! Looks ready to make a strong Breakout over $8.46

Westlake Chemical Corp.
WLK ---> It is running out from its Upper Bollinger Band and moving into the next Breakout, which happens over $71.88! It made a strong trade session with high volume crossing up its 200EMA! The price looks strong as it counts with heavy Accumulation and Buying Pressure! Money Flow here is very healthy and of course, its Bullish MACD Crossover is giving a nice buy signal! Nice chart, Nice Gapper Candidate, nice Potential Upside Runner to watch tomorrow

Eagle Materials Inc.
EXP ---> I still be watching for a break above its 200EMA and a possible Upside Runner into the Breakout! It made a strong trade session with decent volume crossing up its 20EMA! The price looks resumed to continue its upward movement, just look to its Bullish ADX Crossover, which is supporting very well the climb and Accumulation, which is very high here as well its Money Flow! Long Idea over $83.48

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