Monday, May 4, 2015

Trade Ideas for Tuesday, May 05 $YY $SPPI $GME $QCOM $VRNG $CLD


YY Inc.
YY ---> This stock is stepping out of a strong resistance area and is running out too, of its Upper Bollinger Band Line! The trade session was made under high volume and as it close at High of Day, it can open tomorrow with a GAP UP! The 24.34% of short float can give to us tomorrow an interesting squeeze!! Keep closely

Spectrum Pharmaceuticals, Inc.
SPPI ---> This stock is gaining Momentum and a break above its 50EMA will open the door for a Potential Big Short Squeeze as it counts with 36.20% of Short Float! Its RSI, which came back to its buying area and its Bullish MACD Crossover are giving a strong Buy Signal! Like also, its Accumulation, which is very high! Keep closely

GameStop Corp.
GME ---> This stock is well positioned to make a strong upside movement now that is trading above all EMAs! The price looks well supported, just looking to its Bullish ADX Crossover and it counts too, with a very healthy Money Flow! Money is Flowing strongly into the stock! The Trend Line Resistance is the next test, and a break above it, can give to us a Big Short Squeeze as it counts with 43.87% of Short Float! Keep closely

QUALCOMM Inc.
QCOM ---> Breakout over $69.82 to watch and Trend Line Resistance to test for Tuesday!! Chart indicators are giving a strong bullish activity in the stock, so, keep closely over $69.36

Vringo Inc.
VRNG ---> The stock is on the verge of a Big Breakout! It had the second day in a row of heavy volume and the good news that came out could make it in a SkyRocket! Stay Tuned

Cloud Peak Energy Inc.
CLD ---> It made a strong Breakout with high bullish volume having now, a large room to climb! The chart speaks for himself and i will go following closely tomorrow 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