Tuesday, October 6, 2015

Trade Ideas for Tuesday, October 06 $HOV $BBRY $JOY $CHK $AKS $VMEM

Hovnanian Enterprises, Inc.
HOV ---> Breakout and Gapper Candidate!! If break above $2.08, this stock could make a strong Run Up!! 18.70% of Short Players here! Stay tuned

BlackBerry
BBRY ---> Is time to back to Higher Prices!! The Bounce is on and a break above its 20EMA is the key level to watch today!! Nice positive divergences on chart!!

Joy Global Inc.
JOY ---> Alerted last Weekend, this is bouncing now, very nicely from its Bottom!! The chart is good, showing lots of Buy Signals and a break above its 20EMA could give us a nice Short Squeeze!! 22.46% of Short Players here, ready to jump out!!

Chesapeake Energy Corp.
CHK ---> Big Breakout to watch today! The price arise strong and well supported at this level and break above $8.84 on volume could open the door for a nice Short Squeeze!! 33.47% is short players! Chart looks good, with strong Buy Signals given by its RSI, its Bullish MACD Crossover or by its Parabolic Sar indicator!! Long idea over $8.84

AKSteel Holdings Corp.
AKS ---> Possible Breakout Trend-line Resistance trade to watch today!! It made a strong trade session on volume crossing up its 20EMA!! It is well positioned to make a strong Run Up and a break above its Trend Line and above its 50EMA could be the the necessary catalyst!! We have here another great bullish chart, with 27.49% of short players, which is receiving Buy Signals by its RSI, MACD Crossover or its Parabolic Sar indicator!! Worth Watching


Violin Memory Inc.
VMEM ---> Gapper Candidate, this stock is about to break above its 20EMA, getting a clear and nice room to climb!! It could move fast, as it is a volatile stock and as it has 19.57% of Short Players!! Great chart!! Stay Tuned

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