Some setups for Thursday, $BSPM $GNVC $GEVO $REFR $CYH $SPWR
Biostar Pharmaceuticals, Inc.
BSPM ---> This Low Float bio stock is going through a strong Momentum! With 15.18% of Short Float, this setup can fly much higher on the break above its 200EMA!! Worth watching closely
GNVC ---> It got strong buying pressure near of its 200EMA, which looks like that found a good support here! With MACD remained strongly Bullish, at these levels, is a great Buy Opportunity! Watching for a hard Bounce.
GEVO ---> It had a crazy trading session with massive volume and continue in After-Hour! Something is coming! I´ll be watching very closely tomorrow! If Buying Panic continue, is almost certain that will reach its 50EMA.
Research Frontiers Inc.
REFR ---> It made a powerful breakout with massive bullish volume going to close near at High of the Day! This Gapper candidate has now a large and clean room to run! Great chart! On watch
Community Health Systems
CYH ---> Shorts are getting serious problems here! Shares of CYH rose +7.24% on volume, Accumulation and Buying Pressure, going to close near of its High of the Day thus suggesting, more Upside Movement!! It could be on the verge of a Massive Short Squeeze! Large room ahead to run and Big Gap wanted to be Filled!
SPWR---> Shares rose +4.83% on high volume crossing up its 50EMA and its Upper Bollinger Band Line! It showed us a high relative strength combined with a strong Buying Pressure! I´ll be watching closely for continuation! If it get volume and as it has almost 30% of Short Float, i believe that $8.30 level should be broken easily!
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