Anglogold Ashanti Ltd.
AU ---> It had a great day, with shares rising +10.67% with heavy volume, making a strong breakout over $6.99 and crossing up its Upper Bollinger Band Line and above its 50EMA!! I´ll be watching closely for the Gold Sector! If it remains the today´s strength, AU should confirm the break above its 50EMA and then, it will stay with the door open for another run up!! Great chart!! Long idea over $7.57
MEI Pharma, Inc.
MEIP ---> The hardest was made today, which was, the breakout above $1.82 with high volume!! Now, the room to climb is huge and clean, and if it get another day with heavy volume, we may have here a powerful Upside Runner!! As it closed at High of the Day, the next trade session could start with a Gap Up!! Great Bullish Chart!! Stay tuned
La Jolla Pharmaceutical Co.
LJPC ---> It made a nice trade session with decent volume, crossing up its 50EMA and its 20EMA!! It is now on the verge of a potential Breakout, which happens over $27.98!! The stock is trading under high Accumulation and it is receiving now Buy Signals by its RSI and by its MACD!! If it realize this breakout with decent volume, it can make a nice Short Squeeze!! Worth watching!!
BioScrip, Inc.
BIOS ----> This stock reached the Bottom, and now, after the strong trade session with high volume today, we could be facing a strong Bounce!! Highly shorted and trading under oversold conditions, it has all technical indicators curling up, showing an increase of its Momentum!! If it continue with this performance, shorts will stay in panic and so, a huge short squeeze can happen!! 20EMA on radar! Keep closely
Steven Madden, Ltd.
SHOO ---> It made a nice trade session with heavy volume, crossing up its 20EMA and its 50EMA!! Technical Indicators are displaying strong positive divergences, which is suggesting more upside movement!! Nice Momentum that worth be watching!! Long Idea over $41.57
