Quotes by TradingView

Monday, March 2, 2015

Trade Ideas for Tuesday 03 BBRY SGYP RDWR INVN AMCC HOV HIMX PPC

Blackberry
BBRY ---> The war is about to finish and Bulls have now the last difficult task of breaking the area of resistance located between $11.11 and $11.25! If break that, which i belive that can happen tomorrow, Blackberry will gain a large room to climb into its next resistance, which is $11.70! For now, it is trading under high bullish volume again, and high Buying Pressure! The price crossed above its Upper Bollinger Band and close over it! RSI is moving in a comfortable area which is giving a high buy signal! The Momentum is strong and BBRY is well positioned to make a consistent upward movement! Long and Strong setup to watch

Synergy Pharmaceuticals
SGYP ---> What a day!!! Shares rose +9,93% with heavy bullish volume breaking up two major resistances and is now, ready to test its 200EMA! Tomorrow i will watching for a break above of it! If do that with the high Momentum that is showing, well, we have here a SkyRocket Candidate! Long Idea over $3.40

Radware
RDWR ---> It made a strong trade session with high volume crossing up its Upper Bollinger Band Line and its first major resistance demonstrated in the chart! Also it Filled the Big Gap and looks ready to move on! The technical indicators on chart are showing a strong Momentum! Accumulation here is very strong as well the Buying Pressure and Money Flow! The upside movement is well supported as we can see by MACD and ADX, very bullish this two! RSI is in a comfortable position which is giving a nice buy signal! Long Idea over $22,40 

IvenSense Inc
INVN ---> Big Breakout to watch tomorrow! The price is showing a great Momentum and strength and a break above is 200EMA can make it a Potential Upside Runner!Should be noted that it has 26,63% of short float, which means you should be around because it can move fast! Chart speaks for himself! Long setup over $17,47

Applied Micro Circuits Corp
AMCC ---> I alerted for this setup in last weekend here in my blog for a possible break above its 20EMA! Well, it responded very well to my expectations making a strong trade session with high volume crossing up its 20EMA and its Upper Bollinger Band Line! The Momentum still growing and the 11,15% of shorts should start to worry! I will watching tomorrow for continuation of this Gapper Candidate

Hovnanian Enterprises, Inc
HOV ---> Made a strong Breakout on volume! It still has a large room to climb into its 200EMA, which is the next strong resistance, and i will watching for continuation!

Himax Technologies Inc
HIMX ---> The price reached its Support Trend Line and is forming a base for the next possible upward movement! Today, HIMX gave a positive signal, with shares rising +2,64% with decent volume! Also the RSI, which is now curling up, and its Fast Stochastic, which is Bullish Crossover, are giving interesting Buy Signals! Buyers are coming back and this level could be a great Buy opportunity! Worth watching 

Pilgrims Pride Corp.
PPC ---> It made a strong trade session with high volume crossing up its 50EMA and its 20EMA! Its is now ready to make a strong Breakout over $28,78! If do that with high volume, its 50,52% of short float can make it fly! Accumulation here is very strong as well its Buying Pressure! Buyers are in charge! Keep very closely of this Potential Upside Breakout and Runner

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