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

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.