Trade Ideas for Thursday, June 11 $NVDQ $SYMX $AMDA $MAT $GEVO $LPTN $CECO
Novadaq Technologies Inc.
NVDQ ---> The stock seems ready to leave the Bottom! It made a strong trade session with heavy bullish volume! All technical indicators are displaying strong positive divergences, showing an increase of its Momentum! A break above its 20EMA with high volume again, could give to us a nice upside run! Long idea over $10.29
Synthesis Energy Systems, Inc.
SYMX ----> Shares of SYMX rose today +10.22% with decent volume staying now in Breakout Mode! Also, it is trading above all EMAs and above its Upper Bollinger Band Line! For tomorrow, i´ll be watching for the confirmation of this breakout! If it do that with volume, then, we may have here a SkyRocket Candidate!! Technically, the stock looks steady, with strong buy signals given by its RSI and its Bullish ADX Crossover! It counts too, with high Buying Pressure! The Momentum is good, so, keep closely
AMDA ---> Crossed and closed above its 50EMA with high volume, but, this time, it closed near of High of The Day, which is not very common in this stock, and so, we have here a Gapper Candidate! Its RSI and MACD, both with a strong and positive upside trend, are showing a strong bullish activity in the stock! AMDA is now, a Breakout Candidate too, and if do that with volume, the room to climb will be large, and we could get a powerful upside run! It is a very volatile stock, can move fast! Stay tuned!!
MAT ---> Finally, Mattel is back!! It made a nice trade session, with low volume, is true, but looking to the chart, we can see that is gaining strength and a nice upward movement can happen any moment! Its RSI, which came back to its Buying Area and its Bullish MACD Crossover are giving a strong Buy Signal! Also, its Bullish ADX Crossover is showing that price is well supported! It is testing now the Upper Bollinger Band Line, and if break it with decent volume, we could get a nice squeeze toward its 200EMA! Worth watching
GEVO ---> Strong during the regular trade session, continuing in the After - Hours!! Well, is case to say, Tomorrow could be the Big Day! Short Squeeze Candidate to watch tomorrow! Stay tuned
LPTN ---> This extremely oversold Bottom Player, is now giving signs of a possible Bounce! The last trade session was made under high volume and its Bullish MACD Crossover is giving a strong Buy Signal! Can be easy money here! I´m long on this one!!
Career Education Corp.
CECO ---> Another stock that i´ll be watching tomorrow for the confirmation of this breakout! Shares of CECO rose +3.89% with high volume, crossing up its 20EMA! It looks like that is ready to leave its Bottom and has now, a nice room ahead to climb toward its 50EMA! Nice Bullish Chart! Long idea over $4.06
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