Tuesday, August 18, 2015

Watchlist for Wednesday, August 19 $HOV $KNDI $FREE $AMPE $WGBS $WHR $GWR

Hovnanian Enterprises, Inc.
HOV ---> It made a strong breakout today, with heavy volume and Buying Pressure!! Also, it crossed and closed above its 20EMA!! The room to climb is great, the price looks well sustained ( RSI, MACD and ADX with high bullish sentiment ), and its 16.18% of Short Players could not resist to the pressure, giving us a nice Short Squeeze!! I`ll be watching for a possible run up into its 50EMA!! On radar

Kandi Technologies Corp.
KNDI ----> Here it is another great setup that is poised for a big Short Squeeze if break above its 50EMA on volume!! It is in breakout mode with strong buy signals on chart, such as its RSI, which came back to its Buying Area, its Parabolic Sar, its MACD, steady in its climb or its ADX, which became Bullish Crossover!! Buying Pressure is also strong!! Long idea over $8.11


FreeSeas, Inc.
FREE ---> Trading under extremely oversold conditions, this stock is forming a solid base with technicals like MACD or Fast Stochastic showing nice positive divergences!! We have here a great buy opportunity at these levels!! It is gaining Momentum and with 55.41% of short float, the Bounce could be very strong!! Keep this name in your mind!!

Ampio Pharmaceuticals, Inc.
AMPE ---> Made a strong trade session, a strong breakout, crossing above its 50EMA , and a strong close with high volume!! Breaking above $3.04 with high volume again, this Gapper Candidate for tomorrow will stay well positioned for powerful Upside Run toward its 200EMA!! The 13.58% of Short Players will not like anything of this scenario!! Keep closely


WaferGen Bio-systems, Inc.
WGBS ---> This stock reached the Bottom, formed a solid base, and now, trading under extremely oversold conditions, is giving signs of a possible Bounce!! The volume today was good and it is counting with nice Buy Signals by its Bullish MACD and Fast Stochastic Crossovers!! It is a volatile stock and we can get a strong upward movement any moment!! Worth watching

Whirlpool Corp.
WHR ---> Strong chart!! It made a nice breakout with high volume, crossing up too its 200EMA and its Upper Bollinger Band Line!! It is well positioned to continue to move higher!! Long idea over $183.34


Genesee & Wyoming, Inc.
GWR ---> With its RSI and its MACD very strong, a very healthy Money Flow, with Accumulation growing strongly and a nice Bullish ADX crossover, i believe that, now that broke above its 50EMA, it is ready for a nice climb!! Long idea over $76.17





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