Monday, June 29, 2015

Trade Ideas for Tuesday, June 30 $CLD $ISIS $BAS $DYN $ANY $PBMD

Cloud Peak Energy Inc.
CLD ---> This stock is poised to make a nice squeeze into its 50EMA after today have crossed above its 20EMA with heavy bullish volume! Chart looks good, with a Bullish MACD and ADX crossovers, showing that price is well sustained, and its RSI, which is coming back to its Buying Area, is giving a nice Buy Signal! Also, Cloud Peak has  20.03% of Short Float that can help the squeeze! Nice Momentum that worth be watching!!

Isis Pharmaceuticals, Inc.
ISIS ---> This Gapper Down Candidate is in Breakdown Mode with high volume! Its next major support lies at $50.88, which means that it has a large room to fall! Technical indicators are showing strong negative divergences and so, i expect more downside movement! Its 13.29% of Short Float should be happy!! Short Setup to watch bellow $56.01


Basic Energy Services Inc.
BAS ---> This stock made a strong trade session with decent volume in a very red day! Also it made a nice breakout over $7.71 and is testing now, its 20EMA! For tomorrow, i´ll be watching for the confirmation of this break above its 20EMA and for a possible test to its 50EMA!! If it break this level with strong volume, its 24.04% of Short Players could get troubles! Technical indicators are displaying nice Buy Signals, such as its Bullish MACD Crossover or its Parabolic Sar indicator!! Keep closely

Dynegy Inc.
DYN ---> Another stock in a bad Momentum, which is too, a Gapper Down Candidate with a nice room to fall, into its major support, at $27.85! It is trading under high Bearish Volume and under strong Distribution! Selling Pressure is huge, which means, that the downward movement should continue! Ugly chart!! Short Setup to watch


Sphere 3D Corp. 
ANY ---> It made a great trade session with decent volume in a very red day, showing some relative strength!! For tomorrow, i´ll be watching for the confirmation of the break above its 200EMA!! It could make a nice squeeze over it!! I´m enjoying too, the buy signals given by the Fast Stochastic indicator, which became Bullish Crossover and by its Parabolic Sar Indicator! It is gaining a nice Momentum! Stay Tuned


Prima Biomed Ltd.
PBMD ---> Stay very closely tomorrow!! Juno Shares Rise 64% in After-Hours Following the Announcement of Ten-Year Collaboration With Celgene and Prima Biomed could be a sympathy play off !!!  Worth watching !!! 





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