Intel Corp.
INTC
---> The stock is going through a great Momentum! Technicals
indicators are showing a strong bullish activity and a break above
its Upper Bollinger Band Line and its First Major Resistance, can
make it move fast to its Breakout area, situated at $34.50! Nice Long
Setup to follow
VeriFone Systems Inc.
PAY
---> Now, that it made a strong breakout with high volume and
crossed above its Upper Bollinger Band Line, VeriFone has the door open to make a nice upward movement! The price is rising with high Buying
Pressure, with increasing Accumulation and with a very healthy Money Flow! Buyers are in charge!! Worth following
Chicago Bridge & Iron Co.
CBI
---> Looks poised to make a strong breakout! The price is
colliding here and chart is showing some nice positive divergences! Like its Money
Flow, very bullish, and like also its Accumulation, which is very
high! Its 13.44% of short float can give to us a nice short squeeze!
Keep closely
ON Semiconductor Corp.
ON
---> A break above its 30 day Exponential Moving Average will open
the door for a possible fast upside movement to its Trend Line
Resistance for a test! Chart indicators are giving nice positive
divergences such as, its Fast Stochastic, which became bullish
crossover, its high Accumulation or its very bullish Money Flow! It
is gaining a nice Momentum! Stay tuned
Staples, Inc.
SPLS
---> It is a Breakout Candidate and a Potential Upside Runner with
a very bullish chart! Nice Momentum that worth be watching
Cheasapeake Energy Corp.
CHK
---> I followed it closely over the past week and looking for the
chart i do not see any alternative but to continue to follow it! It
made a strong breakout with heavy volume and is also, running out of
its Upper Bollinger Band Line! For Monday, i´ll be watching for a
break above of its First Major Resistance and if do that, what i
believe that will do without difficulty, it can run fast into $17.40
area, which is located the next resistance area! So far so good!
Shorts are becoming concerned! Great Momentum and possible great idea
over $16.75
P.S.
Earnings May 06 Before the Market Open