Monday, April 6, 2015

Trade Ideas for Tuesday, April 07 SFUN, VJET, ASPS, YNDX, MAT, WPX, SSH, CHK

SouFun Holdings Ltd.
SFUN ---> After the great trade session of today, where it crossed above its 50EMA with decent volume and is running out from its Upper Bollinger Band Line, for tomorrow, i´ll be watching for the breakout over $6.64! If do that, it can turn in a SkyRocket ! Strong buy signals are giving by its Rising MACD, which is about to be positive, and by its CCI indicator, which is showing strong buying pressure! RSI is showing strength too! It is on the cusp of a big breakout to the upside!!

voxeljet AG 
VJET ---> This setup is a perfect example of a Potential Upside Runner for tomorrow! Shares of VJET rose +6.65% with high bullish volume and high buying pressure, crossing up its 20EMA, its 50EMA, its Upper Bollinger Band Line and yet, it closed the regular trade session at Highs of Day, become so, in a Gapper Candidate!! Keep Closely

Altisource Portfolio Solutions S.A.
ASPS ---> The 24.28% of short players should start to get worried after today, shares of ASPS rose +9.73% with decent volume, crossing up its 20EMA and closing the regular trade session near the Highs of Day! Now, it is a Gapper Candidate ready to squeeze into its 50EMA! All technical indicators are showing a strong Momentum, which means, shorts, be careful here!

Yandex N.V.
YNDX ---> Breakout to watch over $18.25! Great picture, great room to climb and strong Upside Potential! This setup counts with a powerful ADX and MACD Crossovers, supporting very well the price, counts with strong bullish Flow and counts too, with heavy Buying Pressure! Has legs to run! 

Mattel, Inc.
MAT ---> Mattel made a strong trade session with high volume crossing up its 20EMA! It reached the bottom and is giving now signs of a possible recovery, as we can see on MACD, which becomes Bullish Crossover! Also,  AC/DT indicator is giving an increase of Accumulation and its Fast Stochastic, which becomes Bullish Crossover too, is showing the strong Momentum in the stock! Long Idea over $24.16


WPX Energy, Inc.
WPX ---> It made a strong trade session, with shares rising +4.60% with volume, running out from its Upper Bollinger Band Line! It is well positioned to continue its climb and counts with a powerful ADX Crossover to support the price! Also, Accumulation and Buying Pressure are very strong here!! Buyers are in charge and tomorrow, i´ll be watching for a move to test the breakout over $12.95 first, and over $13.55 then!  

Sunshine Heart, Inc.
SSH ---> It is well positioned to break above its 50EMA and make a movement to Fill the Big Gap! Its Bullish MACD Crossover is giving a strong buy signal and the price counts with high Buying Pressure too! It crossed above its 20EMA with high volume today and is running out of its Upper Bollinger Band, showing so, a strong Momentum! Worth watching this Potential Upside Runner

Chesapeake Energy Corp. 
CHK ---> Has room and potential to continue its climb! Chart speaks for himself!! Watching for continuation!  


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