Thursday, November 19, 2015

Watchlist for Thursday, November 19 $ARRS $CALM $ZNGA $SPPI $ARNA $ESI $VIPS $CLDN

Arris Grp., Inc.
ARRS ---> Could make a nice squeeze on the break above $29.77!! Chart emerge strong, with price crossing up above its Symmetrical Triangle and above its 200EMA!! Also it closed the regular trade session at High of the Day, which means, that it is a Gapper Candidate!! Technical indicators are showing strong Buy Signals!! Stay Tuned!!

Cal-Maine Foods, Inc.
CALM ---> It made an interesting trade session with decent volume, crossing up its 20EMA, its 50EMA, and the Upper Line of its Triangle!! CALM is showing strong positive divergences on chart, proving the good Momentum that is going through, and in addition, it has almost 50% of short float!! We may be facing here a Big Short Squeeze, with a New 52-Week Higher as target!! On Radar

Zynga Inc.
ZNGA ---> I´ll be watching for a break above its 200EMA!! On volume, this setup could make a strong run up toward $3.00´s!! Gapper Candidate!!


Spectrum Pharmaceuticals, Inc.
SPPI---> This Bottom Player is ready to Soar!! It made a strong breakout with decent volume, crossing up too, its 20EMA!! Chart indicators are displaying strong positive divergences, which could mean, that Buyers are back!! It has a big Gap to be Filled, has 27.09% of Short Players that can start to get very nervous, and so, we could get here, a nice Big Run!! $5.85 could be the next stop!!


Arena Pharmaceuticals
ARNA ----> It made a strong squeeze on volume from its Bottom, crossing and closing above its 20EMA and on High of the Day!! I´ll be watching for continuation of this Upside Run!! Its 50EMA could be reached easily!!


ITT Educational Services Inc.
ESI ---> After two great trade sessions with high bullish volume, this setup is now in breakout mode with strong positive divergences on chart!! Buyers seem to be back and so, its almost 50% of short players could start to get very nervous giving rise to a huge Short Squeeze!! Long Idea over $3.44!!

Vipshop Holdings Ltd.
VIPS ---> Trading now inside of its Big Gap, shares of VipShop rose 15% of pure Bullish sentiment, with the second day of High Volume! As we can see, Investors seem confident!! I´ll be watching for continuation, as it looks poised to Fill this Gap very soon!!


Celladon Corp
CLDN ---> Eiger BioPharmaceuticals and Celladon Corporation Sign Merger Agreement ! Click here to watch!! This Mega Deal could give to us a KBIO type move!! Keep it very closely today

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