Wednesday, April 8, 2015

Trade Ideas for Thursday, April 09 FENG, TUBE, EJ, LMNX, BABA, SCTY

Phoenix New Media Ltd.
FENG ---> It is well positioned to make another strong upside movement tomorrow ! Shares of FENG rose +10.02% on heavy volume, making a breakout over $6.23, crossing up its 20EMA and its Upper Bollinger Band Line, and is testing now, its 50EMA! In short, it made a strong Breakout! Now, a break above its 50EMA with high volume, can push it to higher prices again! The price is under strong Buying Pressure and is strongly supported, as we can see by its powerful Bullish ADX Crossover! It is a Potential Upside Runner over $6.79! Stay tuned

TubeMogul, Inc.
TUBE ---> TubeMogul made a strong trade session with decent volume crossing up its 50EMA and is poised now, to running out from its Upper Bollinger Band Line! Technically, the chart is showing a strong bullish activity! Its Rising RSI and MACD are giving a strong buy signal, Money Flow here is very healthy, with money flowing fast into the stock, Accumulation is growing nicely, and it counts with a high Buying Pressure! In short, it is in a high Momentum and, as it closed at High of Day, we may have here a Gapper Candidate! Long setup to watch

E-House ( China ) Holdings Ltd.
EJ ---> After the great trade session of today, i´ll be watching tomorrow for a break above its 50EMA and its Upper Bollinger Band Line! If do that with high volume again, i am convinced that we can assist to another strong upside run! Chart speaks for himself! Gapper Candidate too! Long Idea over $6.21

Luminex Corp. 
LMNX --->Luminex Corp. Made a nice trade session with high bullish volume, running out from its Upper Bollinger Band Line and crossing up its 50EMA! Shares of LMNX are now about to entry in the GAP and looking for the great Momentum in the stock, this GAP can be filled quickly! Its rising MACD is now positive, RSI is moving in a great buying area, and its Buying Pressure is very high here! Three great buy signals! In addiction, it counts with a very bullish Money Flow and its Accumulation is now rising! Gapper and Upside Runner Candidate to watch tomorrow

Alibaba Group Holding Ltd.
BABA ---> I´ll be watching tomorrow for a break above its upper Bollinger Band Line and its 50EMA! The Bulls are in command after it making today a strong trade session with high bullish volume crossing and closing well above of its 20EMA! Chart is showing now strong positive divergences, which leads me to believe that its upward movement is to continue and if it breaks above its 50EMA, it can make a strong rally! Stay tuned

SolarCity Corp.
SCTY ---> Big test here! SolarCity is now testing its Trend Line Resistance and its 200EMA! A break above them, can turn it in a Potential Upside Run and with 35.04% of short float, it can run really fast! Chart looks good, with MACD becoming positive, ADX is very bullish as well its Money Flow, Buying pressure is very high and RSI is in a comfortable area! Worth watching over $54.80


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