Tuesday, February 16, 2016

Watchlist for Wednesday, February 17 $ZIOP $ADRO $CALA $NK $GPRO $BBRY $ZFGN


ZIOP ---> Made a strong breakout today!! Trading now above its Upper Bollinger Band Line and above its 20EMA, this stock has a nice room to make a good Run Up toward its 50EMA!! Technical indicators are pointing a Bullish Momentum in the stock and with 28.99% of Short Float, it is a serious Potential Upside Runner!! Worth watching!


ADRO ---> Steady during all trade session, Aduro Biotech is working very well in its recovery process!! Technical indicators are showing an increase of Bullish Momentum, proving that buyers are coming back, which leads me to believe that, with 18.54% of Short Float, the price could make a Powerful Run on the break above its 20EMA!! I´m long here!!


CALA ---> Strong trade session, strong Breakout and strong Chart, with tons of Buy Signals!! This stock could explode higher on the break above its 50EMA on volume!! I´m long here!!


NK ---> Following my last Blog Post, this stock made a fantastic trade session and is getting stronger!! Technicals are proving that!! 20EMA is the target!! Worth watching for continuation of this Bottom Bounce!!


 GPRO ---> Crossed and closed above its 20EMA with full power, this stock is now on the verge of a Monster Breakout!! On volume, it can make a strong squeeze toward its 50EMA!! 34.48% is Short Float and it is under Accumulation!! Keep closely


BBRY --->Another nice performance today, with MACD crossover and Slow Stochastic crossover giving a very nice Buy Signal!! I´ll be watching for a break above its 20EMA! On volume, it can reach its 50EMA quickly!


ZFGN ---> Following my last Blog Post, this stock had a strong trade session with decent volume, making a also, a strong Breakout and going close near to the High of the Day!! Chart is getting stronger, as we can see by its MACD Crossover, by its RSI, which came back to its Buying Area or by its Slow Stochastic Crossover and ADX Crossover!! With Bulls in command and 20.75% of Short Float, its 50EMA could be reached easily!! I´m long here


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