Saturday, March 14, 2015

10 Ideas to Watch on Monday 16, BHE VHC PEIX SODA MYGN PACW VECO M MEG TRN

Benchmark Electronics Inc.
BHE ---> The price seems ready to make a steady upward movement if it breaks its Trend Line Resistance with decent volume! This setup woke me the attention merely because it crossed above all EMAs with decent volume in a Red Day!! Its Bullish MACD and its ADX, which is showing a strong bullish divergence, are supporting very well the price! BHE is a Breakout Candidate and can be a great long idea over $23.77

VirnetX Holding Corp.
VHC ---> The price seems resumed to breakout again of this channel and make a upside movement into its Upper Bollinger Band Line! Its Trend Line Support is looking very strong and any pullback to near of it can give to us a great buy opportunity! All technical indicators are now curling up, which means that VHC is gaining Momentum! Nice long setup to watch

Pacific Ethanol, Inc.
PEIX---> We may have here the beginning of a upward movement after the price made a bounced off from the top of its Trend Line Resistance! The price look´s well supported by its 20EMA and its 50EMA !  It is a Potential Bounce Player to watch

SodaStream International Ltd.
SODA ---> This setup has been making a great performance after it reached its bottom! Now, the price looks ready to move on and i will watching in the next week for a move into its 50EMA and then to its First Major Resistance or $20.09 level! Technical indicators are showing an increase of its Momentum, with a strong Bullish ADX and MACD crossovers! Also, its Parabolic Sar indicator are giving a nice buy signal! Long Idea over $18.56

Myriad Genetics, Inc.
MYGN ---> Big Gap to be filled and Short Squeeze candidate to watch, with 43.01% of shorts to cover! It made an interesting trade session crossing up all EMAs and closing above them! Accumulation here is strong as well its Buying Pressure! Breakout Candidate over $36.07! Worth Watching

PacWest Bancorp
PACW ---> Held up very well on Green side in a very Red day like yesterday! It is in breakout mode and i expect a strong upside run above $47.81 or its First Major Resistance! New 52-Week Higher is coming!! Great bullish chart to follow

Veeco Instruments, Inc.
VECO ---> It made a nice trade session with decent volume crossing up its 50EMA! Technical indicators are showing strong Upside Potential! MACD came back to positive area and showing a very nice upside trend, ADX is very bullish, Accumulation start to appear and Buying Pressure here is high! It is setting up for a strong breakout! Stay tuned

Macy´s Inc.
M ---> We have here a Potential Upside Runner! M made a nice trade session with decent volume crossing and closing above its 50EMA and 20EMA! It is now testing the Trend Line Resistance of its Falling Wedge pattern and if break it, can make a strong upward movement! To help, it counts with a Bullish MACD Crossover!  Parabolic Sar is giving Buy Signal together its RSI, which came back to its Buying Area! Accumulation is very strong too! Nice long setup to watch

Media General, inc
MEG ---> It made a strong trade session with heavy bullish volume crossing and closing above all EMA´s! MEG Is showing a high level of upside potential as you can see in the chart! It counts with a very powerful bullish MACD and ADX Crossovers, supporting the price, Money Flow is very positive, with money flowing into the stock, Accumulation is very strong and RSI is in a very comfortable area! Great Momentum, great chart! Worth following

Trinity Industries Inc.
TRN --->It is Breakout mode with high volume! The price made a strong action crossing and closing above its 200EMA! It is setting up for a Big Breakout! All technical indicators are showing a strong bullish activity in Trinity and i will watching for continuation! Great chart! Keep closely


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