Wednesday, March 18, 2015

Watchlist for Thursday 19, SODA CSLT HMY BIDU RYI EYES NAT

SodaStream International Ltd.
SODA ---> Had a great day with shares crossing up its 20EMA and 50EMA, and crossing up also its Trendline Resistance and its Upper Bollinger Band Line! Strong resistance area was broken! Now, i´ll watching for a break above its First Major Resistance or $20.09 level and a move into its breakout area, which is $20.61 level!! Technically, chart speaks for himself!! Long idea over $19.58

Castlight Health, Inc
CSLT ---> Alerted yesterday night here in my blog,  for a possible break above its 50EMA!! Well, it did it perfectly with high bullish volume! Now, as it filled the Gap and close the day near at high, i´ll watching for a break above its First Major Resistance or $9.13 level, and a possible move into the breakout, $9.67 level! Its 55.83% of shorts are really in troubles! Powerful chart we have here! Stay tuned

Harmony Gold Mining Co.
HMY ---> Is Bottoming here with all technical indicators showing strong Buy Signals, such as its Parabolic Sar! Fast Stochastic is about to leave from its oversold area, MACD and ADX are curling up with relative strength, an its Accumulation is growing now! It is a Gapper Candidate and a Potential Upside Runner to watch

Baidu, Inc
BIDU ---> It is a Breakout candidate! It made a nice trade session with decent volume crossing up its 20EMA and 200EMA! The price seems that has reached a bottom an a break above $217.85 will open a large room to run!! It is also a Gapper Candidate with a great Bullish ADX and Fast Stochastic Crossovers! Worth Watching

Ryerson Holdings
RYI ---> Another stock that seems that has reached a bottom and is now well positioned to move on, after it made a strong trade session with shares rising +5.25% with high volume!! I´ll watching for a continuation of this great Momentum and a break above its 20EMA on volume, can turns it in a Potential Upside Runner! Long Idea Over $6.28

Second Sight Medical Products, Inc.
EYES ---> It formed a Bull Flag and looks very well supported above of its 50EMA and of its Trendline Support! The next trade session will be very interesting as it fell today with low volume, which leads me to think that it was in consolidation! This level can be a great buy opportunity! Long setup with $12.61 as stop

Nordic American Tanker Shipping Ltd.
NAT ---> It made a nice Breakout with decent volume! Chart looks good, with Parabolic sar giving buy signal, MACD is moving well in its positive area, ADX is powerful, giving a a essential support to the price and Buying Pressure is very high too! Great Momentum! I´ll watching in the next trade session for a break above its First Major Resistance or $10.88 level and, if do that, we have here a Potential Upside Runner! To follow closely

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