Saturday, August 1, 2015

Watchlist for Monday, August 03 $ABEO $ARRS $AVP $PLUG $DSKX $SOHU $ZFGN


Abeona Therapeutics Inc.
ABEO ---> Nice chart!! This stock looks poised to make a strong breakout over $6.72 and a test to its 200EMA!! I´m very interested on the break above it!! ABEO has 21.82% of short float, so, if break above its 200EMA with decent volume, we can get a massive short squeeze!! The Momentum is growing, as we can see in some technical indicators, such as its RSI, which is moving up nicely in its Buying area, MACD also, rising very well, or its Fast Stochastic, which became bullish crossover!! Keep closely


Arris Grp., Inc.
ARRS ---> Now that the earnings have gone, this stock is showing some relative strength when it broke above its 20EMA and its Symmetrical Triangle!! Now, i´ll watching closely for the confirmation of the break above its 50EMA!! If do that with volume, it will stay well positioned to make a nice breakout, over $32.01!! Chart is displaying strong positive divergences, such as its Bullish MACD and ADX Crossover, its Money Flow, which is very bullish, or its Accumulation, which is very high!! With 11.12% of short float, we may have here a nice Upside Runner Candidate!! Stay Tuned


Avon Products, Inc.
AVP ---> Upside Runner Candidate if break above its 20EMA with decent volume!! The chart arises very strong and it counts with 19.93% of short float! Long Idea to consider over $5.75


Plug Power Inc.
PLUG ---> Mentioned a few times on StockTwits and Twitter, this stock, now that it broke above its 50EMA, above its Upper Bollinger Band Line, and yet, it closed at High of the Day, is now on the verge of a Big Breakout!! If break above $2.62 with high volume again, and as it has 19.35% of short float, we may be facing a massive Short Squeeze!! Nice bullish chart!! I´m long on this one!!


DS Healthcare Group, Inc.
DSKX ---> Watching for the breakout above $3.60!! If do that with volume, this volatile stock can make a nice squeeze toward a New 52-Week Higher!! Stay tuned!


Sohu.com, Inc.
SOHU ---> This Bounce Player in action is showing strength and potential to continue to move higher! A break above its 20EMA with high volume again, to mention that it made the third day in a row of high bullish volume proving that buyers are in charge, it can fill this Gap quickly staying well positioned then, to make a nice upward movement toward its 50EMA!! Long idea over $48.69!! Worth watching


Zafgen, Inc.
ZFGN ---> This Gapper Candidate for Monday ( it closed the regular trade session at High of the Day ), which broke above its 50EMA and above its 20EMA with high volume, is on the verge now, to break above its Symmetrical Triangle! This break, if made with high volume again, can boosts it for a strong breakout, which happen over $39.96 first and $40.49 then! The room above this levels to run is large and its 6.88% of short players will start considering to close their positions, giving us, a nice short squeeze!! Nice chart with high Accumulation, very healthy Money Flow, and a great Bullish ADX Crossover, showing that price is well supported! Worth Watching!!

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