Sunday, February 21, 2016

Watchlist for Monday, February 22 $ADRO $VRNG $MVIS $ACHN $CHMA $SHAK $PRTA $NTAP $CMRX


ADRO ---> Forming a nice base here, between $14 and $15, this stock can see its Momentum on the Bullish side! Its RSI, MACD and Slow Stochastic are rising strongly, proving that buyers are around! I´ll watching for a break above its 20EMA!! On volume, it could explode higher!! It has 18.54% of Short Float! I´m long here!!


VRNG ---> Alerted a few times in last week, here in my blog and Twitter, and let me tell you, it responded very well to my expectations!! It was superb and definitely something big is coming!! On the technical side, you can see in chart that Accumulation burst out!! Buyers are aggressive and I, I´ll try to buy more!!


MVIS ---> This stock looks poised for a strong Upward Movement! It is about to break above its Trend Line Resistance and above its Upper Bollinger Band Line!! If do that, it will gain large and clean room to climb!! Looking to technical indicators, i believe that this breakout could happen already on Monday!! It is going through a strong Momentum, with RSI, MACD Crossover and Fast Stochastic indicator giving a strong Buy Signal, and its Bullish ADX Crossover is telling us that price is well supported!! With Bulls in command, its 18.69% of Short Players could have problems here!! Long Idea over $2.91!!


ACHN ---> With Momentum growing strongly, this Bottom Bounce is ready to Soar!! It is testing its 20EMA, and, if break it on volume, it could see its 50EMA very fast!! It is a strong Upside Runner Candidate with Buy Signals given by RSI, Parabolic Sar indicator, MACD Crossover and by its Slow Stochastic indicator!! Long Idea over $6.74!!


CHMA ---> Big Breakout ahead!! This stock looks poised for a Big Run and its 50EMA could be the next target!! Nice chart!! Stay closely!!


SHAK ---> It made a very important Breakout in last trade session!! Now, with clean room ahead, and as it has a great percentage of Short Float, 86.28% to be precise, it makes sense to say that we could get here a Epic Short Squeeze!! 200EMA is just there!! On watch


PRTA ---> This Bottom Player is also, ready to Soar!! A break above its 20EMA on volume could make it explode higher, reaching easily its 50EMA!! It is receiving Buy Signals by RSI, MACD Crossover, Parabolic Sar and Slow Stochastic!! Also, the AC/DT indicator is showing an increase of the Accumulation!! Momentum is growing Strongly!! Stay closely


NTAP ---> Crossing and closing above its 50EMA and above its Upper Bollinger Band Line with high bullish volume, this stock looks ready to continue steady in its climb!! And has now a large and clean room to do that!! Technically, chart surge strong, with a powerful RSI and MACD, with a nice Bullish ADX Crossover, which is telling us that price is well supported, and if we watch to the AC/DT indicator, we can see that Accumulation is also strong!! Nice Long Setup to follow


CMRX ---> The company announced in late December 2015 that brincidofovir didn't meet primary or secondary endpoints in the Phase 3 SUPRESS trial. But yesterday information provides an updated analysis of the Phase 3 results, which is clearly largely positive. Brincidofovir works and can save lives. They will meet with FDA again. Drug works. Brincidofovir Shows On-Treatment Antiviral Effect in HCT Setting Despite Trial Not Meeting Primary Endpoint!! Keep closely on the break above its 20EMA, could SkyRocket!! 

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