Wednesday, August 26, 2015

Watchlist for Thursday, August 27 $WBAI $AAPL $NQ $NEON $MIFI $BBY $VRNG

500.com Ltd.
WBAI ---> It was steady during all day with shares rising +5.29%, crossing and closing above its Lower Bollinger Band Line!! It is showing strength and will to move higher and could be on the verge of a Big Bounce! Technical indicators are starting to give positive divergences, such as its RSI, which is stepping out of its oversold area and its Fast Stochastic indicator, which became bullish crossover, stepping out of its oversold area too!! Gapper and Upside Runner Candidate to watch tomorrow!! I´m long here!!

Apple, Inc.
AAPL ---> Shares rose +5.74% on volume in a nice trade session, closing near of High of the Day, and so, it is a Gapper Candidate for tomorrow!! The Momentum is growing as well the positive divergences on chart!! Watching for a test to its 20EMA, my initial target!! I´m long here!!


NetQin Mobile Inc.
NQ ---> HUGE GAP UP tomorrow >$4!!! Shares +38% After-Hours Following Earnings Beat; Announcement NationSky, FL Mobile Sales!! SkyRocket to watch tomorrow


Neonode Inc.
NEON ---> Strong Bullish Chart, it rose today +12.40% on volume, crossing up its 20EMA and its Upper Bollinger Band Line!! The Momentum looks strong and a break above its 50EMA with high volume again, could give to us another hard run up!! Stay tuned!!


Novatel Wireless, Inc.
MIFI ---> It had a great day, with shares rising +11.16% on volume, making a strong breakout and crossing up its Upper Bollinger Band Line!! Chart is strong, with technicals displaying lots of Buy Signals!! Now, a break above its 50EMA with high volume, could give to us a massive Short Squeeze!! Worth watching



Best Buy Co, Inc.

BBY ---> Shorts are getting troubles!! If it continue with this performance, which i believe that, shorts will not resist and they will start to covering their positions, giving us, a Short Squeeze!! Chart is displaying strong positive divergences, proving that buyers are in charge, and for tomorrow, we have here a Gapper, Breakout and Upside Runner Candidate to watch!! Great chart!!


Vringo Inc.
VRNG ---> I´ll be watching for the confirmation of the break above its 20EMA and 50EMA on volume!! It will stay very well positioned to make a hard run up toward the next Breakout, which happens at $0.675!! 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