Monday, October 12, 2015

Watchlist for Tuesday, October 13 $BMY $LSCC $NTRI $WUBA $ARNA $AAL

Before I show my trade ideas, I'd like to show you this fantastic educational video!! It calls " Profiting in today’s Options market  (click Here )and it is presented by Doc Severson – a world-renowned Options trader!! If you like Options, you should watch this video!! Cheers



Bristol Myers Squibb Co.
BMY ---> This stock broke above all EMAs and above the Upper Line of its Channel Down!! I´ll be watching now for a break above $64.27, which is the next major resistance level! If do that with decent volume, Bristol Myres could make an interesting upside movement! Chart looks good, showing lots of Buy Signals and a strong Accumulation!! Buyers are in charge!! Stay tuned!!


Lattice Semiconductor Corp.
LSCC ---> We have here a serious Upside Runner Candidate to watch!! It made a strong trade session with massive bullish volume, high Buying Pressure and high Accumulation! Buyers are in charge tightly!! I´ll be watching for the confirmation of the break above its 50EMA!! With high volume again, Lattice Semiconductor could make a powerful squeeze toward its 200EMA!! Great chart!! 

NutriSystem, Inc.
NTRI ---> It made a nice breakout with decent volume in last trade session! Also, it crossed above its 20EMA and above its 50EMA, closing the regular trade session at High of the Day!! Now, this Gapper Candidate is about to break above the Upper Line of its Symmetrical Triangle! If do that with decent volume, it can make a nice squeeze toward its next major resistance level, $28.80!! Chart looks good, with a powerful Accumulation and is receiving a Buy Signal by its RSI, which came back to its Buying Area, and by its Bullish MACD Crossover!! Upside Runner Candidate to keep closely!! 

58.com Inc.
WUBA ---> Possible massive Short Squeeze on radar!! This stock has 42.21% of short players and, a break above its 200EMA with high volume, could create panic in shorts, once it will earn large and clean room to fly!! Keep closely over $53.35


Arena Pharmaceuticals 
ARNA ---> This Bottom Bounce is ready to Soar! Following my last blog post, this stock made a nice trade session with decent volume!! In breakout mode now, i´ll be watching closely for a break above its 20EMA!! On volume, it could make a great squeeze toward its 50EMA!! It is a volatile stock with 12.17% of Short Players!! Can move very fast!! Keep closely over $2.30!!


American Airlines Group Inc.
AAL ---> Another stock who was in my last Blog Post and made a great trade session! Now, this Gapper Candidate is about to make a strong Breakout! If do that on volume, American Airlines has potential enough to make a powerful Run Up! Over $44.59, it will gain a large and clean room to move higher! Stay closely!! Watching for continuation

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