Wednesday, April 15, 2015

Trade Ideas for Thursday, April 16 $CAT $ANF $CHK $RBCN $HOV $ROSG

Caterpillar, Inc.
CAT ---> This stock made a nice trade session with shares rising +2.61% on volume and running out of its Upper Bollinger Band Line! Its is showing strength to continue to move higher and has a great room to climb toward its 200EMA! It RSI is moving up in a very comfortable area, its rising and positive MACD and its AC/DT indicator are showing to us that Accumulation is very high here! Also, its Money Flow is bullish and it counts too with heavy Buying Pressure! As i said, it wants higher! Long idea over $85.73

Abercrombie & Fitch Co.
ANF ---> This stock made a strong breakout with shares rising +6.56% with high volume, crossing up its 10MA, 20EMA, 30EMA, and closing at High of Day! For tomorrow i´ll be watching for a break above its Upper Bollinger Band Line and above its 50EMA! If do that with decent volume, well, the room to climb is huge and as it has 34.38% of short float, the climb can be hard! Technically we can see a strong increase of its Momentum, with its rising MACD almost positive, RSI that came back to its buying area and a nice Bullish ADX Crossover! Accumulation is rising again too! Long Idea over $23.10

Chesapeake Energy Corp.
CHK ---> Another Potential Upside Runner to watch tomorrow after making a strong breakout in a great trade session with heavy bullish volume, crossing above its Upper Bollinger Band Line and its 50EMA and closing above it! Its rising RSI and MACD are giving a strong Buy Signal! Also, Buying Pressure is very high and Accumulation is growing nicely! Has potential to make a great upward movement!! Long Idea over $16.16

Rubicon Technologies Inc.
RBCN ---> It made a very strong trade session with high volume, rising from its Bottom, breaking above of its 10MA, 20EMA, 30EMA and is testing now its 50EMA! Tomorrow, i´ll be watching for a break above its 50EMA with high volume again, and as it has 21.27% of short float, we may have a Big Short Squeeze ! Its RSI, which came back to the buying area, and its Bullish MACD and ADX Crossovers are giving a tremendous Buy Signal! Shorts will have serious problems! Long Idea over $4.11

Hovnanian Enterprises, Inc.
HOV ---> It is a Breakout Candidate! Tomorrow, i´ll be watching for a break above its Trend Line Resistance and then a breakout over $3.76! If do that with decent volume, it can reach its 200EMA easily! Chart is showing strong positive divergences and, as it closed at High of Day, we may open tomorrow with a Gap Up! Worth watching

Rosetta Genomics Ltd.

ROSG ---> Big Breakout and Potential SkyRocket ready to fly to watch tomorrow!! The trade session of today was fantastic, under of heavy volume and Buying Pressure and it made a strong close too, near at Highs of Day, which leads me to believe that upside movement should continue ! Keep closely

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.