Tuesday, June 9, 2015

Trade Ideas for Tuesday, June 09 $IAG $CUR $ZIOP $HEAR $PGNX $ANFI $CPRX

IAMGOLD Corp.
IAG ---> Technical Indicators are displaying strong Buy Signals such as its Bullish MACD and ADX Crossovers, or its RSI, which came back to its Buying Area and, as it crossed above its 20EMA and 50EMA, gaining a large room to climb, it is now setting up to test its Trend Line Resistance! A break above it, could turn it in a serious Upside Runner! Keep Closely

Neuralstem, Inc.
CUR----> Now that it broke above its Upper Bollinger Band Line and above its 50EMA, it has now a great room to climb! The price looks well sustained, so, if it get high volume, it could make a nice Squeeze!! It has 16.46% of Short Float to help the Squeeze! $2.39 is the target! Stay tuned

ZIOPHARM Oncology, Inc.
ZIOP ---> It made a strong trade session, crossing up its 50EMA its Upper Bollinger Band Line and its Trend Line Resistance on volume! It is setting up now, to make a good Upside Run and it has 22.02% of Short Float to help it! Technically, it is showing strong positive divergences, proving the good Momentum in the stock! Nice long setup to watch

Turtle Beach Corp.

HEAR ---> Watching for the confirmation of the break above its 50EMA! It will stay well positioned to make a good Upside Run! Nice bullish chart! Worth watching

Progenics Pharmaceuticals, Inc
PGNX ----> Now that is trading above all EMAs and above its Upper Bollinger Band Line, it has the door open to make a nice upward movement! A break above the $6.08 level, with high volume again, could give to us a nice squeeze! As in others stocks posted above, it has 18.52% of Short Float to help it too! Nice chart! Keep Closely

Amira Nature Foods Ltd.
ANFI ---> Nice Breakout on volume with all indicators displaying strong positive divergences! Buyers are in charge and it has large room to climb now! Long idea over $11.87

Catalyst Pharmaceuticals Partners Inc.
CPRX ---> Another strong Candidate for a Upside Run if break above $4.15 with high volume! Chart looks steady, with 20EMA crossed above its 50EMA, MACD and RSI moving up in their positive areas, Accumulation is rising nicely and it has too, a strong Money Flow!  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