Monday, March 30, 2015

Trade Ideas for Tuesday March 31 MOV, EJ, FMSA, PWR, GPRE, ACCO

Movado Group, Inc.
MOV ---> Movado Group made a strong trade session, running into the ER, with shares rising +4.22%, crossing its 50EMA, its Upper Bollinger Band and breaking out over $25.67 with high volume and buying pressure! Technical indicators are showing a strong momentum. The price is very well supported by its Bullish ADX Crossover, RSI is moving up in a very comfortable area, MACD still rising showing lot´s of strength and its Bullish Fast Stochastic Crossover is giving a strong buy signal! MOV is also a Gapper Candidate and tomorrow i´ll be watching for the next breakout, which happens over $26.25! If the ER is good, definitely we have here a great long setup to watch

E-House Holdings
EJ ---> After the strong trade session from today with high bullish volume, í´ll be watching for a break above its 20EMA and another possible strong upside run, once it will gain a large room to climb! Its Bullish ADX and MACD Crossovers are giving a strong support to the climb! Nice bullish chart! Worth watching

FMSA Holdings Inc.
FMSA ---> We have here a perfect Upside Runner Candidate after today it made a strong breakout with decent volume and crossed above its Upper Bollinger Band Line, thus opening, a long way to run! It is also a Gapper Candidate ! Great Momentum that worth be following

Quanta Services, Inc.
PWR ---> It is now on the verge of a strong upside run after it crossing up its 20EMA, 50EMA and its Upper Bollinger Band Line with decent volume! All technical indicators are showing strong positive divergences, such as its bullish MACD and ADX crossovers! Also, its Money Flow becomes positive, with money starting to flow into the stock and, RSI came back to buying area ! It is a Gapper Candidate as it closed at high of day! Long setup to watch

Green Plains Renewable Energy Inc.
GPRE ---> It is trading very well in the middle of its Bollinger Band and formed a strong base above its 20EMA! The price looks ready to move on and a break above its 200EMA with decent volume can turn it in a Potential Upside Runner!! All technical indicators are curling up, which means that it is gaining Momentum! Long Idea over $28.08

Acco Brands Corp.
ACCO ---> Watching for continuation of its upward movement! Great Momentum! 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