Saturday, May 30, 2015

Trade Ideas for Monday, June 01 $CLDN $ACHN $ZGNX $ESI $LBIO $XUE $OVAS $KTOS

Celladon Corp.
CLDN ---> In oversold conditions, this stock is gaining Momentum! A break above $2.44, will open the door for a possible fast upside movement into its 20EMA as it has 14.71% of Short Float!! We may have so, the beginning of a strong Bounce! Its Bullish MACD and Fast Stochastic Crossovers are giving a strong Buy Signal !! Keep closely of this Potential Upside Breakout and Runner!! 


Achillion Pharmaceuticals Inc.
ACHN --->  Another Biotech stock that is gaining Momentum! Shares of Achillion rose 5.89% with high volume, crossing up its 20EMA ! It made also a strong close, near at High of Day, becoming so, in a Gapper Candidate! I´m very interested to see its performance now, because, if break above its 50EMA, it will easily test its Upper Trend Line Resistance! Its Bullish MACD and ADX Crossovers are showing that price is well supported, its rising RSI came back to its Buying Area, giving a nice Buy Signal, Money Flow is now positive, and its Fast Stochastic indicator became Bullish Crossover and is leaving its oversold area! Buyers are coming back! Stay Tuned

Zogenix Inc.
ZGNX ---> Mentioned a few times in my Twitter when it crossed above its 200EMA! It made a strong trade session, with shares rising +14.09% with heavy bullish volume, crossing up its 200EMA and running out of its Upper Bollinger Band Line! It is now in Breakout Mode and i´ll be watching on Monday for the confirmation of this Breakout! If do that with volume again, we may have another similar upside run! Technically, the price is with full power:
- 20EMA is crossing up the 50EMA! Strong Bullish Signal
- The price counts with a powerful Bullish MACD and ADX Crossovers
- Money Flow is very healthy!! Very Bullish!!
- Buying Pressure is massive

Keep this setup in your watchlist!!!

ITT Educational Services Inc.
ESI ---> I made a fantastic trade on Friday, alerted also on Twitter, buying at $3.47 and selling at $4.47! I keep on very closely of it, because, if it confirms the break above its 50EMA with volume again, well, as it has 45.09% of Short Float, we can get an Monster Short Squeeze and could reach the $8.00´s level easily! Worth watching

Lion Biotechologies, Inc.
LBIO ---> This stock is gaining high Momentum as you can see in some technical indicators, which are displaying strong positive divergences, and we could get a strong squeeze if it break above on volume, its Upper Line of its Symmetrical Triangle chart pattern!! On Radar

Xueda Education Group
XUE ---> This stock is poised to Fill this Gap! It made a nice breakout on volume and chart indicators are displaying strong positive divergences, which could mean that buyers are in charge! It could closely this Gap easily! To follow

OvaScience Inc.
OVAS ---> It made a breakout on volume and it has now, a large room for shorts begin to cover! All indicators are showing strong positive divergences and as it has 22.98% of Short Float, we have here a Short Squeeze and Upside Runner Candidate to watch! Stay Tuned

Kratos Defense & Security Solutions, Inc.
KTOS ---> Shares of Kratos Defense are breaking out of a strong resistance area! We could get a great squeeze over $6.04 as it will gain a large room to climb! Technically is has everything ready to make this upside movement:
- RSI is moving up in a very comfortable Buying Area
- The price ran over its Upper Bollinger Band Line
- The price crossed above its 200EMA 
- It has a great Bullish MACD and ADX Crossovers
- It has a very Bullish Money Flow
- Buying Pressure is strong 

So, it could be a great trade idea over $6.04! Worth Watching

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.