Quotes by TradingView

Saturday, January 10, 2015

Trade Ideas for Monday, January 12 $ACAD $ACHN $AGIO $MXIM $SHPG $TILE $BRCD $EDU $EXAS

ACAD---> It is ready for new higher prices! It is in a breakout mode with high bullish volume and a very nice Bullish ADX and MACD Crossovers supporting the climb! The Momentum here is strong and you should keep it in your watchlist

ACHN---> It made a strong breakout on volume in the last trade session! $15.31 is the next level to be broken and then, we watch a strong upward movement into its last high $16,87!! Its 15.57% of short float can make it move fast, so keep closely! Long setup over $14.81

AGIO---> Made a strong breakout on volume and a New 52-Week Higher in last trade session! The Momentum here is strong and i will watching for new higher prices!

MXIM---> I warned for this setup when it broke its 20EMA! I feel very glad to see that it has risen very well since then!! Volume is good, MACD is Bullish Crossover, ADX is showing a huge strength, Accumulation is very high as well its Buying Pressure! It has met the conditions to continue to rise and $33.78 is the next level to be broken! Long over $33.14

SHPG---> We may have here a Breakout to watch over $221.20 and a possible strong upward movement for the purpose to close the Big Gap! It is also a Gapper Candidate after closing the regular trade session near of High of Day!! Like its Bullish ADX and MACD Crossover, which are giving a strong support to the movement, and like also its Money Flow, which is positive now! To follow closely

TILE---> It is in a Breakout mode with strong bullish volume and high Liquidity! It is also, about to move above all EMAs and when it do that, it will gain lots of room to climb! We may have here a Potential Upside Runner to watch! Long over $16.89

BRCD---> It is in a Breakout mode and the last trade session was made under heavy bullish volume! It made also a New 52-Week Higher and is now well positioned to reach new highs! As you can see in the chart, all indicators are showing strong bullish activity, but we have to repair first in the Accumulation, who made a significant jump, and Money Flow, which reversed to very positive! Buyers are in charge and we will get ready to watch a possible strong Upside Runner! Long over $12.08

EDU---> I'll be tuned on Monday to see if it can break its 50EMA!! If do that, it will gain a huge room to climb and so, we may have here, a Potential Upside Runner! Technically, we can see that Momentum is growing! Volume is huge and bullish, Accumulation is curling to higher and like also its bullish MACD Crossover! Worth watching! Long over $21.07

EXAS---> Breakout to watch over $29.97


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