Friday, January 6, 2017

Stocks to Watch Today, January 06 $EBIO $GPRO $XGTI $ADMP $BABA



Eleven Biotherapeutics Inc.
EBIO ---> It got a strong Buying Pressure in the last minutes of yesterday regular trade session!! A strong bounce could happen today with the Breakout over $2.35 and possible test to its 200EMA on radar!! Stay tuned!!

GoPro, Inc.
GPRO ---> Alerted yesterday here, in my Blog and i include it again today. It made a nice trade session on volume, with shares crossing and closing well above its 20EMA! Showing relative strength, GPRO has room and potential to continue move higher!! $9.60 is the Key level to watch today!


 xG Technology, Inc.
XGTI ---> Another stock that i continue to include in my Blog!! Shares continue trading steady, with Volume and Accumulation getting strong day after day!! A Big Move Higher is increasingly imminent.

Adamis Pharmaceuticals Corp.
ADMP ---> The price seems consolidating the gains of the last days! Forming a nice base here, the next upside movement must be on the verge of happening! 200EMA is the target.



Alibaba Group Holding Ltd.
BABA ---> Price was very strong in last two trade session where it broke above all EMAs with high bullish volume!! I´ll be watching closely for the break above $96.06! On volume and as it has about 15% of Short Float, we could get a nice Short Squeeze! Large room ahead to run! Worth watch.

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