Tuesday, November 3, 2015

Trade Ideas for Wednesday, November 04 $GMCR $LBIO $PEIX $BBRY $KERX $MXWl

Keurig Green Mountain, Inc. 
GMCR ---> It made a strong trade session with high volume, crossing up its 20EMA!! The stock is showing strong positive divergences, namely its RSI, which came back to its Buying Area and its MACD indicator, which became Bullish Crossover!! All the others indicators are curling up!! So, with this strong Momentum, i´ll be watching for a possible break above its 50EMA!! With high volume, we could get a nice squeeze toward its 200EMA!! Big Gap to be filled on radar!! Stay tuned!!


Lion Biotechnologies, Inc.
LBIO ---> It made a a nice breakout with decent volume today, crossing up too, its 50EMA and its Upper Bollinger Band Line!! In addition, the chart is showing strong positive divergences, such as its RSI, which is moving up strongly in a comfortable area, its Parabolic Sar indicator, which is giving Buy Signal, its MACD, which came back to its positive area, Accumulation is rising again, and it is counting too, with a very healthy Money Flow and high Buying Pressure!! In short, Bulls are in command, Buyers in charge and this stock is poised to make a powerful  run up toward its 200EMA!! Strong Chart!! Worth watching

Pacific Ethanol, Inc.
PEIX ---> It made a nice trade session with the third day in a row of high bullish volume, crossing up its 20EMA!! Chart is strong day by day and for tomorrow i´ll be watching for a possible break above its 50EMA!! Upside Runner Candidate if break with high volume!!

BlackBerry
BBRY ---> Following my last Blog Post, this stock is getting stronger day by day!! Watching for continuation with initial price target of $8.34! Lots of Buy Signals given by its technical indicators!! Gapper Candidate for Wednesday!!

Keryx Biopharmaceuticals
KERX ---> Another stock that was in my last Blog Post and had a great performance today! After it had crossed above its 50EMA and its Upper Bollinger Band Line, i´ll be watching tomorrow for the confirmation of this Breakout!! If do that with strong volume again, we could get another powerful Run Up!! Long Idea over $5.54

Maxwell Technologies, Inc.
MXWL ---> After breaking above its Upper Bollinger Band Line and above its 200EMA on volume, this stock is now well positioned to fill its Gap !! The price is going through a great Momentum, with chart displaying strong positive divergences, which is suggesting more upside movement!! The Gap could be filled already tomorrow!! Its a Long Setup to follow 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