Friday, July 24, 2015

Hot List for Friday, July 24 $AMDA $OHRP $DNOW $LMNX $CTRL

Amedica Corp.
AMDA ---> The great news released yesterday made the price up 30% in After-Hour! I expect a similar upside movement like ITEK yesterday, and its 200EMA could be the next target! This is a Skyrocket Candidate that you will want be very closely!! Click HERE to read the news!!

Ohr Pharmaceutical, Inc.
OHRP ---> It found a strong support on its 50EMA and now, with the powerful upside movement of ITEK yesterday, and a possible upside running by AMDA today, OHRP may have in both a fantastic catalyst for today!! The Volume yesterday was already good, with shares rising +4.56%, showing a strong interest by investors!! Stay tuned


NOW Inc.
DNOW ---> This Bottom Player is ready for a strong Bounce! With a massive Accumulation, shares rose yesterday +5.09% with high volume, closing the trade session on the top of its 20EMA! I´ll be watching for the confirmation of this break!! With 18.15% of short float and with high volume again, it can squeeze hardly into its 50EMA!! DNOW is gaining strong Momentum!! Worth watching


Luminex Corp.
LMNX ---> Rising up from a solid base, built on the top of its EMAs, it is now well positioned to cross above its Upper Bollinger Band, can then make a test to its Trend Line Resistance! Technically, chart is displaying strong positive divergences, such as its Bullish MACD Crossover, its RSI, very strong in a comfortable area or its 20EMA, which is crossing up its 200EMA! The Momentum is growing and i´ll be watching today for a possible break above the resistances ahead! With 9.37% of short float, we could get a nice squeeze!! Worth watching


Control4 Corp.
CTRL ---> Another Bottom Player that is giving strong Buy Signals!! I´ll be watching for a possible upside movement toward its 20EMA! As it has 13.22% of short float, a break above this level can open the door for a strong Short Squeeze!! Keep closely




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