Tuesday, May 12, 2015

Trade Ideas for Wednesday, May 13 $VHC $DRYS $HOTR $EXK $RDC $NVDA

VirnetX Holding Corp.
VHC ---> For tomorrow i´ll be watching for the breakout over $6.70 and a continuation of its rally toward to the next resistance area, located around of $7.35 level! Its 33.79% of Short Players are getting burned! Keep closely

Dry Ships Inc. 
DRYS ---> The price looks ready for a long and strong upside run if break above its 50EMA on volume! Chart is showing strong positive divergences that indicate that Bulls are in charge! Worth watching 

Chanticleer Holding, Inc. 
HOTR ---> It is in Breakout Mode with massive volume! Strong Momentum that worth be watching! $3.60 is the target for tomorrow! Great Bullish Chart

Endeavour Silver Corp.
EXK ---> The price looks primed to make a strong breakout! It made a strong trade session with decent volume and is about to running out of its Upper Bollinger Band! If do that with volume, the breakout should happens easily and then, $2.50 is the target! The price rose today with high buying pressure which means that Buyers are in charge! If Silver Sector continue rising, you should keep closely this setup

Rowan Companies, Inc.
RDC ---> This stock made a nice trade session with decent volume, making a nice breakout and crossing up its 200EMA! Now, it is about running out of its Upper Bollinger Band Line and is testing the last strong Resistance! If break above this level tomorrow with volume, it will gain a large room to climb and chart indicators are saying that Rowan Companies is ready to make this climb! Long idea over $23.91 

NVIDIA Corp. 
NVDA ---> We may have here a Potential Bounce Player! After the recent pullback, the price made today an interesting trade session with 200EMA working as support! Technical indicators are now curling up, particularly to its Fast Stochastic, which became Bullish Crossover and prepares to leaves from its oversold area! Could be a nice long idea over $21.00! Stay tuned

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