Monday, July 6, 2015

Trade Ideas for Tuesday, July 07 $DVAX $ARO $BURL $MO $ANY $UVE $APOL

Dynavax Technologies Corp.
DVAX ---> This stock made a great trade session, with shares rising +8.27% on high bullish volume, making a strong breakout and crossing up its Upper Bollinger Band Line! Also, it made a strong close, with shares closing at High Of The Day, which means, it is a Gapper Candidate for tomorrow! Dynavax has a strong bullish chart,  with heavy Accumulation and Buying Pressure! It has also, 20.06% of Short Float! At this moment, we can say that bulls will push it to New 52-Week Higher forcing the shorts to cover their positions!! We could get a Big Short Squeeze tomorrow!! Worth Watching


Aeropostale Inc.
ARO ---> This stock had a nice performance today, in a weak market! Shares rose +5.87% with high bullish volume, crossing and closing above its 20EMA! It has 24.19% of short float and so, if it realize the breakout ahead, over $1.99, it will stay well positioned for a hard run into 50EMA! Could be a nice Long Idea over $1.94


Burlington Stores, Inc.
BURL ---> It made a nice trade session with decent volume crossing up its 20EMA and its 50EMA! It is now about to break up this Channel Down chart pattern, which can happen right at the open of the regular trade session tomorrow with a Gap Up, once it closed at High of the Day! If it realize this break, it will stay with the door open for a long upward movement! Technical indicators are showing some positive divergences, such as its RSI, which came back to its Buying Area or its Bullish MACD Crossover, which is almost moving in the positive area! Burlington is gaining Momentum and is a great Breakout Candidate to watch tomorrow!!


Alteria Group Inc.
MO ---> Another stock that who broke above its 20EMA and its 50EMA with high volume, closing also, at High of the Day! This Gapper and Breakout Candidate for tomorrow, is about too, to break above its Upper Bollinger Band Line and above this Down Trend Line! If do that, the room to climb will be huge, and we could get a nice Long Setup then!! Technical Indicators are displaying strong positive divergences, proving the good Momentum in the stock! Worth Watching


Sphere 3D Corp.
ANY ---> Watching for the confirmation of this Breakout! If do that whit high volume, it is a Potential Upside Runner with large room to climb!! Nice Bullish Chart! Stay Tuned


Universal Insurance Holdings Inc.
UVE ---> It is setting up for a nice upward movement, now that it crossed above its Upper Bollinger Band Line with high volume! Also, it closed the regular trade session at High of the Day, becoming so, in a Gapper Candidate! The room to climb is clean and a New 52-Week Higher is just around the corner! The stock is trading under High Accumulation and Buying Pressure, which means, that Buyers are in charge! Also, it counts with a very healthy Money Flow! Nice long setup to be watching

Apollo Grp., Inc.
APOL ---> Following my last Blog Post, it was good all day, trading again under high volume! It seems to be in consolidation phase and a strong bounce can happen any moment! 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