Thursday, June 11, 2015

Watchlist for Friday, June 12 $NAVB $KNDI $ARWR $NVDQ $TKMR $CLF

Navidea Biopharmaceuticals, Inc.
NAVB ---> It is going through a high Momentum and is now setting up for a Potential Upside Run if break above its 200EMA, which can happen right on the opening the Bell,  with a Gap Up, as it closed at High of the Day! The price made today a nice breakout, crossing up too, its Upper Bollinger Band! Its RSI and its MACD are very powerful, giving a strong Buy Signal, ADX is supporting very well the price and it counts too, with high Buying Pressure! A break above its 200EMA, will open the door for a large room to climb! Keep closely

Kandi Technologies Corp. 
KNDI ---> It crossed and closed above its 20EMA with high volume, having now a nice room to climb, toward its 50EMA! All technical indicators are curling up, which means, that Kandi is gaining strong Momentum! Its 20.87% of Short Float can help to the climb! Long Idea over $9.96

Arrowhead
ARWR ---> Now that it has broken above its Upper Bollinger Band Line and above its 50EMA with decent volume, Arrowhead is well positioned to make a strong Upside Movement! And it has a large room for that!! This stock counts with 24.78% of Short Float, becoming so, in a Short Squeeze Candidate, and technically, it is showing lots of strength! RSI is moving up in a comfortable area, Buying Pressure is High, its ADX crossover is showing that price is well supported and it counts too, with a healthy Money Flow! In short, it is ready for the run! Long Idea over $6.86

Novadaq Technologies Inc.
NVDQ ---> Still under my eyes yet! It made a powerful trade session with the second day of massive bullish volume! Also, it made a strong close, with shares closing at High of the Day! So, a break above its 50EMA with high volume, could give to us another strong Upside Run! Technically, chart needs no introductions!! Keep closely

Tekmira Pharmaceuticals Corp.
TKMR ---> It made a strong trade session with high volume, leaving from a solid base, crossing up its 20EMA and its Upper Bollinger Band Line and closing near at High of the Day! So, it is a Gapper Candidate tomorrow!! I´ll be watching for a break above its 50EMA! If do that with high volume, as it has too, 13.70% of Short Float, we can get a nice squeeze again! Technical indicators are displaying strong positive divergences, proving the great Momentum in the stock! Worth watching

Cliffs Natural Resources Inc.
CLF ---> This stock, after having made a strong trade session with high volume, crossing up its 20EMA and its 50EMA,  as it has strongly shorted, with 44.02% of Short Float, we have here now, a Short Squeeze Candidate! It could reach its Trend Line Resistance quickly, if it make another trade session with high volume again! Breakout over $5.66 and Potential Short Squeeze to watch tomorrow! 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