Wednesday, March 11, 2015

Trade Ideas for Thursday 12 INVN, EXP, GRPN, HIMX, HTH, SODA, LMNX

InvenSense, Inc 
INVN ---> The Trend Line Support is looking strong and we may have here a nice buy opportunity after today it crossing up its 20EMA with decent volume! Also, technical indicators are giving some positive divergences now, such as its RSI and ADX, both curling up, and its Fast Stochastic, which is Bullish Crossover! Nice buy signals that can push it into its next major resistance, $17.58! Worth watching

Eagle Materials Inc. 
EXP ---> The price seems ready to continues its strong upward movement after today it made a strong Breakout on volume! Shares rose +4,61% crossing up its 200EMA and its First Major Resistance! Tomorrow, i´ll watching for a continuation of its good Momentum and a possible move into its Second Major Resistance, or $88.02 level! It is a Gapper Candidate to watch

Groupon Inc.
GRPN ---> It is a Breakout Candidate for tomorrow ! It made a nice trade session with decent volume crossing up its 20EMA! Technical indicators are suggesting that it is gaining Momentum and it is well positioned to move on! Long Idea over $8.05

Himax Technologies Inc. 
 HIMX ---> Finally, it made a move from its Trend Line Support, as i mentioned in previous blog post and looks ready to move higher after today, the price crossed up its 20EMA and its 50EMA with high bullish volume! Tomorrow i expected more upside movement into its 200EMA and, a possible break above it, can push it quickly into its First Major Resistance! Like of its Bullish ADX and MACD Crossovers, which indicates that price is well supported and like also of its RSI, which came back to its buying area! HIMX is gaining Momentum! Long idea over $7.83

Hilltop Holdings Inc.
HTH ---> It is a Gapper Candidate to watch tomorrow after it making today a strong trade session and a strong breakout with high bullish volume! Its Bullish ADX and MACD Crossovers are supporting the price and are suggesting more upside movement! Also, it counts with strong Accumulation and high Buying Pressure! Great Momentum! 200EMA as initial target for tomorrow

SodaStream International Ltd.
SODA ---> The Price seems that has reached a bottom and is giving signals of a possible rebound, such as made a strong trade session with decent volume! A strong buy signal is giving by its Fast Stochastic Indicator, which crossed the signal line and is leaving of its oversold area! I believe that SODA can make a nice upward movement from here, and a break above its Trend Line Resistance, can turn it in a Potential Upside Runner! Worth Watching  

Luminex Corporation
LMNX ---> Breakout Candidate and Potential Upside Runner if it break above its 20EMA with decent volume! Nice Bullish Fast Stochastic Crossover, which is giving a strong buy signal and an increase of its Momentum! To follow

Disclaimer

Here's a friendly reminder: all charts shared here are powerful tools based on major technical indicators. However, it's crucial to remember that stock suitability depends on your individual strategy. 🛠️ I must emphasize that good stock performance isn't solely determined by technical data. 💡 As always, trade cautiously, and I cannot be held responsible for any trade outcomes. Remember, I'm not a financial advisor.