Sunday, January 8, 2017

Watchlist for Monday, January 09 $UA $EBIO $XGTI $ETRM $ARWR $VIPS


Under Armor, Inc.
UA ---> It broke above its 50EMA with high volume and strong Accumulation!! In a strong Momentum this setup is showing potential to move easily into $28.48, its Upper Bollinger Band area! Gapper Candidate for Monday!!


Eleven Biotherapeutics Inc.
EBIO ---> It is forming a solid base on the top of its 50EMA, consolidating the strong gains on Wednesday !! If you look to MACD and ADX indicators, you can see that price is well sustained, and also,  once it is trading under massive Accumulation and Buying Pressure i expect another strong move higher toward its 200EMA any moment! To keep very closely


xG Technology, Inc.
XGTI ---> You might be staring at your screen right now thinking. I missed out on ETRM on Werdnesday. Well let me tell you something, XGTI could be the next. The stock is the talk of the town this weekend, after Brio Capital Master Fund Ltd. reported a 6.3% stake in the company. There is also rumors that XGTI Division Vislink Awarded a contract from Tesla For Wireless Technology. So, sooner or later the news will come.



EnteroMedics Inc.
ETRM ---> Chart speaks for itself!! It can double again. We never know in this environment.   


Arrowhead Pharmaceuticals, Inc.
ARWR ---> This stock made a powerful Breakout on volume with all technical indicators firing strongly, so, i believe that the party should be on the beginning! Big GAP to be filled and 50EMA wanting to be tested! 



Vipshop Holdings Ltd.
VIPS ---> This stock made a nice breakout with decent volume and looks ready to leave this bottom! The price is revealing strength, with RSI entering in Buying Area, we can see also a  strong increase of its Accumulation and its CCI indicator are showing us an intense Buying Pressure! VIPS is gaining Momentum and a test to its 50EMA could happen already tomorrow!! Worth watching!




Most of the setups here posted on this Blog come from a research specifically developed by me in the system TradeIdeas Pro! I strongly recommend to try this system! You can create your own scan method or use the many that the system offers! Besides, it has a very complete Premarket and Options service, and a fantastic Chat Room! Very complete this service! Click HERE to try! Cheers

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