Watchlist for Wednesday, June 17 $VLTC $LPTN $EYES $CREE $SODA $IMUC
VLTC ---> This stock is well positioned to continue its strong Upward Movement, now, that it has broken above its 50EMA, 20EMA and the Upper Line of its Falling Wedge pattern! Its RSI, which is coming back to its Buying Area and its Bullish MACD and Fast Stochastic Crossovers are displaying a strong Buy Signal! Buyers are in charge, so, keep closely, it can run hard!! Long idea over $7.48
LPTN ---> Extremely oversold, this stock is gaining Momentum and is expected a powerful upside movement any moment! Lpath has 66c per share is cash and a book value of 64 cents. In other words, is trading at 50% discount. Also, the last trade session was made under massive bullish volume, which means, we may have here strong Accumulation too! Its Fast Stochastic and its MACD, both Bullish Crossovers are giving a strong Buy Signal!! So, at this level, we can say " here, is easy money "! Stay tuned to this SkyRocket Candidate!!
Second Sight Medical Products, Inc.
EYES ---> It had a ugly day yesterday, but it made a nice recovery in the latter part of the regular trade session, which leads me confident for a break above its Trend Line Resistance! If do that with high volume, we have here a Potential Upside Runner! The bias remains Bullish in this stock and it is to Present at JMP Securities Life Sciences Conference at June 24, click here to watch!! Can be a great catalyst too! Worth watching!!
CREE ---> Bottom Player to watch today!! This stock made a nice trade session with decent volume, crossing up its 20EMA! Technically, it is showing some relative strength, with a rising RSI coming back to its Buying Area, its MACD steady in its upside movement, its ADX, which is almost Bullish Crossover or its Fast Stochastic, which is giving a strong Buy Signal! Momentum is growing and i´ll be watching now, for a break above its 50EMA! If do that with high volume and as it has 17.99% of Short Float, we could get a nice squeeze, breaking above of its Down Trend Line! Worth Watching
SodaStream International Ltd.
SODA ---> It is well positioned to break above its 200EMA and make a strong upside movement with the aim of closing the GAP! Great Momentum, Great Chart! Long idea over $23.48
Immunocellular Therapeutics Ltd.
IMUC ---> It crossed above its 20EMA, 50EMA and above its Upper Bollinger Band Line with high volume and high Buying Pressure! All technical indicators are curling up, showing a nice Momentum in the stock! Has room to climb and i´ll be watching closely for continuation! Long idea over $0.529
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