Wednesday, March 25, 2015

Watchlist for Thursday 26, SLCA, CWEI, CEMP, SNDK, EPE, NE, BIIB

US Silica Holdings, Inc. 
SLCA ---> It made a strong Breakout on volume and the price is now about to crossing up its Upper Bollinger Band! If do that, it can make a fast upside movement into its 200EMA! Technically, the stock is showing a strong bullish activity such as its 20EMA crossing above its 50EMA! Also, the price is looking very well supported by its Bullish ADX and MACD Crossovers! Accumulation is growing and it counts too with a high Buying Pressure! Just to remember that SLCA has 30,39% of short float, which means, shorts be careful

Clayton Williams Energy, Inc.
CWEI ---> The price had an excellent performance today in a very red day, with shares rising +4.59% with decent volume! Tomorrow, i´ll watching for a breakout over $49.55! If do that, we may have here a Potential Upside Runner! The stock is showing a nice Momentum with a Bullish MACD and Fast Stochastic Crossovers, both giving a strong Buy Signal! Worth watching


Cempra, Inc.
CEMP---> I alerted in last wekeend for longs take precautions because the stock was extremely overbougth! Well, i was not wrong and after the very ugly trade session from today, it is about to break down its 50EMA and if do that, we can see another strong downside movement into its first major support before any recovery! The price is strongly under pressure as we can see by its Bearish MACD and ADX Crossovers and also, Distribution had an increase! It is Gapper Down Candidate to watch tomorrow

SanDisk Corp.
SNDK ---> This setup made a strong breakout with shares crossing down its 50EMA, 20EMA and yet, its Trendline Support! The price is under pressure as we can see by its MACD which is curling down and its Bearish ADX Crossover previewing so, more downside movement! As it closed near at low of day, we may have here a Gapper Down Candidate and yet, a Breakdown to watch bellow $79.65! Short setup

EP Energy Corp.
 EPE ---> We have here a Potential Upside Runner if it break above its 50EMA with decent volume! Last trade session was great, with shares rising +4.31% on volume crossing up its 20EMA! The chart looks good, with a Bullish MACD and ADX Crossovers, and RSI, which came back into its Buying area! Long Idea over $10.65

Noble Drilling Corp.
NE ---> Another stock that will gain a large room to climb if break above its 20EMA with decent volume! So far is going well, with its bullish MACD Crossover giving a nice buy signal! Stay tuned! Long idea over $14.92

Biogen Inc.
 BIIB ---> Tomorrow, we might see a test to its 20EMA! If break bellow of it, we can see more downside movement into range of its First Major Support or $398.37 level, which by coincidence, is also the range of its 50EMA! It is a Gapper Down Candidate with Short Idea bellow $427.26

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