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

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.