Tuesday, March 3, 2015

Trade Ideas for Wednesday 04 KERX, S, IDCC, ZNGA, CTIC, RPRX

Keryx Biopharmaceuticals
KERX ---> The price seems destined to do another strong upward movement after today making a strong trade session with high bullish volume! The price crossed above its first major resistance, $12.93, its 50EMA and yet its Upper Bollinger Band Line! Technically it counts with a strong bullish ADX crossover, which indicates that price is well supported, counts with High Buying Pressure and an increase of its Accumulation! RSI came back into its buying area too! KERX is showing a strong upside potential and the next levels to test are $13.70 then $14.02! Long over $13.13

Sprint Corp.
S ---> Sprint made today a nice trade session with decent volume in a significantly red day! It is now about to breakout above $5.28 and is for that what i will be watching tomorrow! It is showing an interesting Momentum with a nice Bullish MACD crossover , which is giving strength to the price! If it do the breakout mentioned behind with decent volume, we may have here a Potential Upside Runner into its 200EMA! Worth watching 

Interdigital Inc.
IDCC ---> It made a strong breakout and a New 52-Week Higher with heavy volume and is now, testing its first major resistance! Tomorrow, i will be watching for a break above $56.10 and a continuation of its upward movement! Its Momentum here counts with heavy Accumulation and Buying Pressure! Keep closely

ZNGA ---> It is about to get in into its GAP and the trade session of today was made under high bullish volume in a red day! Not normal in ZNGA!! Also, its technical indicators are giving strong positive divergences, which means that buyers are coming back! Looking to the chart, you will see that MACD is curling up and is about to be Bullish Crossover! Also its Accumulation is growing and Money Flow is about to be positive, as you can see by CMF indicator!! Another strong buy signal here is giving buy its Fast Stochastic, which is leaving its oversold area and is now Bullish Crossover! In short, Zynga is gaining strong Momentum and i will watching tomorrow for a possible upside movement toward of its 20EMA! Stay Tuned

Cell Therapeutics
CTIC ---> Big Breakout to watch tomorrow!! It made a nice trade session with the second day of high volume! Also, it is showing a strong Momentum here, with technical indicators showing a strong bullish activity! Tomorrow i will watching for a break above its 200EMA and over $2.45 with high volume! If do that, it wil gain a large room to climb and we may have here a Potential Upside Runner! To Follow

Repros Therapeutics 
RPRX ---> The price is colliding here and tomorrow i will be watching for a Strong Breakout! It made a strong trade session with decent volume and the price seems ready to cross up its Symmetrical Triangle and make a move for the breakout!! $9.86 is the target to break! Like its Money Flow, very healthy here, and like also of its Bullish Fast Stochastic Crossover, which is giving a strong buy signal!! Worth following


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