Monday, April 27, 2015

Trade Ideas for Tuesday, April 28 $SALT $IAG $NGD $DOV $INTC $TCK

Scorpio Bulkers Inc.
SALT ---> For tomorrow i´m waiting for continuation of its good Momentum and i´ll be watching for the breakout above $2.72! If do that, it can make a nice rally toward its 200EMA before the Earnings, which happens on April 30! The chart looks good, after making a strong trade session with decent bullish volume, crossing up its Upper Bollinger Band Line! It has a strong RSI, moving up in a very buying area, and it counts too, with a nice Bullish MACD Crossover and high Accumulation!! Buyers are in in charge and it is setting up for a good upside run! Stay tuned

IAMGOLD Corp. 
IAG ---> It is preparing to make a strong breakout over $2.25 after the strong trade session that it made today, crossing up its 50EMA with decent volume! If it make the breakout, it will gain a large room to climb into its 200EMA! The Gold Sector is showing a nice Momentum and IAG is showing the same! Worth Watching this Potential Upside Runner

New Gold Inc. 
NGD ---> Another Gold Stock that seems that has reached the bottom and is giving signs of a possible recovery, such as its Fast Stochastic, which became Bullish Crossover and is stepping out of its oversold area!! We may have here a Potential Bounce Player! Keep closely

Dover Corp.
DOV ---> Well, this stock has now a large room to climb now, that it had broken above it 200EMA and its Upper Bollinger Band Line with high volume! Chart is showing a strong Momentum and potential to make a good upside movement! Gapper Candidate to watch tomorrow

Intel Corp.
INTC ---> It crossed above all EMAs with decent volume in a slight trade session! For tomorrow i´ll be watching for a break above the resistance ahead! If do that with decent volume, we have here a great long idea! Like of its Bullish Fast Stochastic Crossover, which is giving a nice Buy Signal! Worth following

Teck Resources Ltd

TCK ---> Mentioned here in my blog in last weekend!! It corresponded very well to my expectations where did a nice breakout with decent volume! It has a large room to climb yet, and for tomorrow i´ll be watching for a break above its Upper Bollinger Band Line and a continuation of its good Momentum! Long idea over $14.87



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