Thursday, August 6, 2015

Watchlist for Thursday, August 06 $RMBS $FIVE $MBT $LB $PGRX $AMD

Rambus, Inc.
RMBS ---> Could make a nice squeeze if it confirm the break above its Upper Bollinger Band Line and above its 50EMA with high volume!! Chart is displaying strong positive divergences, showing to us a nice upside potential!! Keep closely over $13.755


Five Below, Inc.
 FIVE ---> It made an interesting trade session with decent volume, leaving the solid base formed around of its 200EMA and crossing up its 20EMA and 50EMA!! With 17.39% of short float and strong positive divergences demonstrated in chart, we may have here, a serious Upside Runner Candidate!! Long Idea over $38.56


Mobile TeleSystem PJSC 
MBT ---> Big Breakout on watch, over $8.35!! If do that with high volume again, it could reach its 50EMA easily!! Nice Bullish Chart!! Stay tuned


L Brands, Inc.
LB ---> Following my last Blog Post, this stock was nice yesterday, and now, it is setting up for a upside run if confirm the break above its 50EMA and then, the break above its Down Trendline with high volume, again!! Technically, it is showing a fantastic Bullish activity in the stock! Keep Following 
P.S. L Brands Reports Jul. Sales $759.5M, Comps Up 3%; Raises Q2 EPS Outlook from $0.60-$0.65 to $0.66-$0.68 vs $0.68 Est.

PRGX Global Inc.
PRGX ---> After the great performance of the last two days, i´ll be watching now, for a possible Big Run if it break above its 200EMA!! Worth watching this Gapper Candidate 


Advanced Micro Devices, Inc.
AMD ---> With its 50EMA proving to be a strong support area for now, it is on the verge again for another Big Squeeze!! Keep closely over $2.21, this Gap can be Filled quickly!!

Disclaimer

Here's a friendly reminder: all charts shared here are powerful tools based on major technical indicators. However, it's crucial to remember that stock suitability depends on your individual strategy. 🛠️ I must emphasize that good stock performance isn't solely determined by technical data. 💡 As always, trade cautiously, and I cannot be held responsible for any trade outcomes. Remember, I'm not a financial advisor.