Thursday, March 19, 2015

Trade Ideas for Friday 20, SFUN IMMU OGXI ASNA TWTR

SouFun Holdings Ltd. 
SFUN ---> The price seems that has reached a bottom and is giving now great signs of a potential recovery! It made a strong trade session with heavy bullish volume and all Technical indicators are now curling up, showing an increase of strength! Buyers are in charge and i´ll watching tomorrow for a possible move into its 20EMA for a test! To follow

Immunomedics, Inc.
IMMU ---> It made a strong trade session with decent volume crossing up its 200EMA, its 20EMA and its Symmetrical Triangle! Tomorrow i´ll be watching for a break above its 50EMA and then over $4.31 and $4.36 respectively! If do that, we have here a Potential Upside Runner!! Technically, it is showing some interesting buy signals, such as its RSI, which came back to its buying area, its bullish Fast Stochastic crossover and its MACD, which has strong uptrend! Breakout Candidate to watch

OncoGenex Pharmaceuticals, Inc.
OGXI ---> Tomorrow, i´ll be watching for a possible Breakout over $2.49 and a quick move into its Second Major Resistance for a test after today it have done a strong trade session with decent volume! Chart is showing a strong Momentum, with MACD about to be Bullish Crossover and its Fast Stochastic, which is Bullish Crossover! RSI is moving up in a great position! As it closed at high of day, we may have a Gapper Candidate! Worth watching

Ascena Retail Group, Inc.
ASNA ---> Breakout to watch over $13.97 and Potential Upside Runner over $14.12 or its First Major Resistance! ASNA counts with a heavy Accumulation and the price seems well supported buy its Bullish ADX Crossover! Its Parabolic Sar and its Bullish Fast Stochastic Crossover are giving a strong Buy Signal! Long idea over $14.12

Twitter, Inc. 
TWTR ---> As i mentioned previously here in my blog, it was building a solid base above its 20EMA! Now, it is leaving from this base and is now a Breakout Candidate! Tomorrow, i´ll be watching for a possible movement into $50.01 for a test! Chart looks good, with Parabolic Sar giving buy signal, MACD is curling up and its ADX becomes Bullish Crossover! Accumulation start to appear too! Twitter is gaining Momentum, so keep it 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