Monday, March 16, 2015

Trade Ideas for Tuesday 17, HMY, CIEN, FLIR, YHOO, BABA, GNTX, TWX, XNPT

Harmony Gold Mining Co. Ltd. 
HMY ---> The price seems that has reached a bottom and begins to shows some positive divergences! Shares rose +4.14% with decent volume after touching in last trade session its Lower Bollinger Band Line! Also, its MACD and its ADX are starting to curling up and its Fast Stochastic is now Bullish Crossover! Tomorrow, i´ll be watching for a break above today´s high for a possible Upside Run! Stay Tuned

CIENA Corp. 
 CIEN ---> Nice Breakout with high volume crossing up its Upper Bollinger Band Line! Now, it looks ready to reach its First Major Resistance for a test! The price is well supported by its Bullish ADX, Fast Stochastic and MACD Crossovers! Also, it counts with high Money Flow and Buying Pressure! CIEN is in a great Momentum and we should follow it !!

Flir Systems, Inc.

FLIR ---> It made a strong trade session with high volume crossing up all EMAs and gaining a large room to climb! The price is showing strength, looking for its bullish ADX Crossover! Also, its MACD, which is curling up, and its Fast Stochastic, which made a strong jump, are giving a nice buy signal! This increase of its Momentum leads me to following it tomorrow and as it closed at high of day, we may have a Gapper Candidate! Keep closely

Yahoo!, Inc.
 YHOO ---> The Trend Line Support looks solid as well its 200EMA and at this level, we may have here a great buy opportunity! I´ll watching tomorrow for a possible break above its 20EMA with decent volume and a upside movement into its 50EMA for a test! Last trade session was nice, with decent volume and technical indicators are showing positive divergences! Buyers may be back! Worth watching

Alibaba Group Holding Ltd.
BABA ---> As i mentioned in last week here, in my blog, the price has reached a bottom and finally, today it given a positive signal to move up! Tomorrow, i´ll be watching for a possible break above its 20EMA and a Upside Run into its 50EMA! Technical indicators are giving positive divergences, such as its Bullish Fast Stochastic Crossover, its ADX and RSI , which are curling up, and its Parabolic Sar, which confers a nice buy Signal! Long Idea over $85.20

Gentex Corp. 
GNTX ---> We may have here a great long idea over $18.24 or its First Major Resistance after today it have done a nice breakout with decent volume! Chart looks good, with high Accumulation and Buying Pressure, and the upward movement is well supported by its Bullish ADX and MACD Crossovers! RSI also, is in a comfortable area! As it close at high of day, we may have here a Gapper Candidate! A great Momentum that should be following

Time Warner, Inc.
TWX --- It made a nice trade session crossing up its Upper Bollinger Band Line and its First Major Resistance! Now, i'll watching tomorrow for a breakout above $85.57 and a possible upward movement into a New 52-Week Higher!! Nice Bullish Chart! Worth watching 


Xenoport, Inc.
XNPT --- After the fantastic day we had, we can only watching for continuation tomorrow! Chart speaks for himself! 

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