Thursday, April 23, 2015

Trade Ideas for Friday, April 24 $NUAN $SALT $ANF $MEIP $BBRY $DECK $TX


Nuance Communications, Inc.
NUAN ---> Fantastic day for Nuance! Shares rose +5.05% on heavy volume, third day of heavy volume, making a strong breakout, running out of its Upper Bollinger Band Line and crossing above its 200EMA! Tomorrow i´ll watching for continuation of this great Momentum! Chart speaks for himself 

Scorpio Bulkers Inc.
SALT ---> It made a strong trade session with decent volume crossing up its 50EMA! For the next trade session i expect a upside movement into its Upper Bollinger Band Line for a test and, if break it, the room to climb will be huge! Chart looks good, with RSI coming back to its Buying Area, like also of its Bullish MACD and ADX Crossovers, supporting the price and of course, Fast Stochastic is showing that Momentum is growing in the stock! Worth watching

Abercrombie & Fitch Co.
ANF --->It made a strong trade session with decent volume, crossing up its 20EMA, 30EMA and its 10EMA! It came back to its GAP and tomorrow will testing its 50EMA and its Upper Bollinger Band Line! If break this level and as it is strongly shorted, with 35.25% of short float, i believe that we may have here a Potential Upside Runner! Chart is clearly bullish, with high Buying Pressure and high Accumulation!! Long Idea over $23.19

MEI Pharma, Inc.
MEIP ---> After reaching the bottom, shares of MEIP have been making a nice upward movement where it reached its 20EMA, which rejected the price! Now, after the pullback, the stock is showing again strong positive divergences, which leads me to believe, that it can reach again its 20EMA very soon! RSI is stepping out from its oversold area, its Bullish MACD Crossover is giving a strong buy signal, Money Flow here is very healthy and i like also, of its Bullish Fast Stochastic Crossover, that such as its MACD, is giving a strong buy signal too! Keep Closely

BlackBerry 
BBRY ---> After the fantastic trade session, where shares rose +3.53% with high volume crossing up all EMAs, the stock is now ready to enter in the GAP! Chart speaks for himself, Bulls are in charge and this Gap can be filled quickly! Long Setup to watch

Deckers Outdoor Corp.
DECK ---> It made a strong trade session with decent volume, crossing up all EMAs, less its 200EMA! It broke above of its Trend Line Resistance of its Triangle and has now, a nice room to climb toward to the next breakout, which happens over $78.00! Technically, it counts with a strong Bullish MACD and ADX Crossovers, supporting very well the price, and i like too, of its RSI, which is moving up in very comfortable area! Worth Watching 

Ternium SA
TX ---> It made a strong trade session and a strong breakout with high volume, crossing up its Upper Bollinger Band and its 200EMA and closing above them! For the next trade session, i´ll be watching for continuation of this strong movement! As it close at High of Day, we may open with a Gap Up! Great Bullish chart! Stay Tuned

Disclaimer

Here's a friendly reminder: all charts shared here are powerful tools based on major technical indicators. However, it's crucial to remember that stock suitability depends on your individual strategy. 🛠️ I must emphasize that good stock performance isn't solely determined by technical data. 💡 As always, trade cautiously, and I cannot be held responsible for any trade outcomes. Remember, I'm not a financial advisor.