Saturday, December 5, 2015

Trade Ideas for Monday, December 07 $GDX $IAG $PAAS $SWSH $EGO $FNSR $ADAP

Market Vectors Gold Miners - This Sector arise on Friday with High Momentum, with price rising +5.30% with strong Volume, Accumulation and Buying Pressure!! Also, it closed the regular trade session near of High of the Day, showing a strong conviction by the investors!! Next Week will be interesting!! If it break above $15.01, its next major resistance, it will stay well positioned to make a nice Run Up toward its 200EMA!! Keep this Sector in your stream!!


IAMGOLG Corp. - Following the great Momentum of Gold Sector, we should watch IAG on next Week!! Shares of IAG rose +7.05% with strong volume, crossing up its Upper Bollinger Band Line and its 50EMA, going close at High of the Day!! Strong Breakout here! Chart indicators are showing strong Accumulation and Buying Pressure and so, this Gapper Candidate for Monday is well positioned to make a nice Run Up until $1.78, its next major resistance!! Worth watching


Pan American Silver Corp. - We have here a great Bullish Chart!! Shares of PAAS rose +5.86% with decent volume, High Accumulation and heavy Buying Pressure!! Money Flow is very positive too, it is receiving strong Buy Signal by its RSI and by its Bullish MACD Crossover, which is almost positive!! I´ll be watching for a possible break above $7.71, its next major resistance!! On volume, it can reach its 200EMA easily!! Stay tuned!!



Swisher Hygiene Inc. - Tiny name this setup, but with a very nice chart!! The stock built and interesting base above its 50EMA and in the last trade session, it showed strength and will to move higher, once it broke above its Upper Bollinger Band Line and above its first major resistance with decent volume!! This stock has been traded under high Accumulation and Buying Pressure, its Money Flow is very healthy and watching for ADX indicator, we can see that price is well supported! Its RSI and its MACD are giving a strong Buy Signal!! Buyers are around and a break of Friday´s high on volume, could boost it for a powerful Upside Run!! Could be a great Long Idea over $1.14!! On radar



Eldorado Gold Corp. - We have here another Gold Stock well positioned for a Big Run!! The price rose +4.15 with decent volume, crossing up its 20EMA, going close near of High of the Day!! This Gapper Candidate for Monday has ahead now its 50EMA to test!! If break it on volume, EGO is a powerful Upside Runner Candidate!! Under Accumulation, it is receiving Buy Signals by its RSI, MACD Crossover, and by its Parabolic Sar!! Buying Pressure is growing fast and it counts too, with a very positive Money Flow!! As i said at the beginning of  this Blog Post, Gold Sector looks strong and EGO should not pass indifferent! On radar



Finisar Corp. - It has a nice Gap to be Filled and this breakout ahead, which happens over $12.54 could be the catalyst that it needs!! The stock made a solid base on the top of its 50EMA, well supported, simply look at its RSI and MACD which are very strong! Buying Pressure remains high and its Fast Stochastic Indicator, which became Bullish Crossover, is giving a nice Buy Signal!! It looks ready to move on!! Worth Watching 




Adaptimmune Therapeutics plc - This stock remains in my long list! It has been traded under unusual volume, with AC/DT indicator showing an increase of Accumulation! Also we can see a strong Buy Signal giving by its MACD Crossover and by its RSI, which is moving up strongly in a very comfortable area!! Now, a break above $10.70 with high volume again, could give us, the so expected upside RUN!! Keep 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