Trade Ideas for Friday 27 ENTA, SCLN, SALT, NM, BBRY
ENTA ---> The stock is showing an interesting increasing of its Momentum! Shares rose +1.99% with decent volume staying now on the verge to crossing up its 20EMA! Is for this situation that i´ll be watching tomorrow! RSI is rising up of its oversold area and MACD is Bullish crossover! Two strong buy signals! Also, its Accumulation is growing fast, which means, that buyers are in charge aggressively! Long Idea over $37.10
SCLN ---> It is forming a base between its 20EMA and its 50EMA! The last trade session was made under high bullish volume, which can means that SCLN is attracting the attention of investors and a break above its 50EMA can make it a Potential Upside Runner! Keep closely!!
SALT ---> I mentioned here in my blog last night for a potential Big Breakout! Well, i feel very happy for having responded very well to my expectations! It made a strong breakout with heavy volume and is now ready to make a strong Upside Run! Worth watching
NM ---> I have followed it very closely today and and really enjoyed it! It made a strong trade session with high bullish volume and is now testing the Breakout! If do that with volume, we may have here another Potential Upside Runner! The Momentum is good as well the room to climb! RSI is moving in a comfortable area, MACD is showing lot´s of strength with its upside trend, Money Flow is very healty and Buying Pressure is very high here! As i said, great Momentum! Long Idea over $4.68
BBRY ---> Had another great day, with shares rising +2.38% with decent bullish volume! The price seems ready to move into its strong resistance area ahead, situated between $11.00 and the $11.15! If break this level with volume, well my friends, we may have a Big Short Squeeze! The sentiment here is clearly bullish as you can see by its Bullish MACD crossover and by its CCI indicator, which is giving strong buying pressure! BBRY is again under the investor eyes! Keep it under your eyes too
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