Tuesday, August 4, 2015

Trade Ideas for Tuesday, August 04 $PLUG $AVP $AMD $EBIX $RGSE

Plug Power, Inc.
PLUG ---> Following my last Blog Post, this stock was brutal in last trade session, again!! It is now approaching of my initial target, its 200EMA!! If break above it, with volume again, and yet, with Earnings on August 06, shorts will not take the risk and and certainly will cover their positions! We may be facing a massive Short Squeeze!! Great chart! Great Performance!! Still long on this one

Avon Products, Inc.
AVP ---> Another stock that was in my last Blog Post and that made what i´m looking for! It crossed and closed above its 20EMA and near at High of the Day! This Gapper Candidate is now ready to make a nice squeeze toward its 50EMA!! Another great chart with 20.88% of short float that worth be watching!! I´m long on this one


Advanced Micro Devices, Inc.
AMD ---> It crossed above its 20EMA and its 50EMA with full power and yet, it close the regular trade session at High of the Day! This Gapper Candidate for today is well positioned to Fill this Gap! Great Momentum that worth be watching!! Stay tuned

ebix.com, Inc.
EBIX ---> It did very well during all day, yesterday!! Shares rose +2.55% with decent volume, crossing up this Channel Down, its 20EMA and its 50EMA in a Red Day!! Chart indicators are displaying strong positive divergences, such as its Bullish MACD Crossover, its AC/DT indicator, which is showing an increase of the Accumulation or its RSI, which came back to its Buying Area! With Earnings coming, ( August 07 ), this kind of performance can not be pleasing for the short side ( 31% are short players) and so, we could get a nice short squeeze any moment!! Keep closely


Real Goods Solar, Inc.
RGSE ---> It is free to run now, that is crossed above its 20EMA and its Upper Bollinger Band Line!! Real Goods Solar has been trading under high volume ,high Buying Pressure and positive Money Flow! Also, we can see that Accumulation is growing and i´m liking too, of its Bullish MACD and ADX Crossovers, both very strong, showing that upside movement is well supported!! Buyers are in charge!! Keep closely for a possible Upside Run toward its 50EMA!!

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