Tuesday, March 10, 2015

Trade Ideas For Wednesday 11 SGYP, GAME, GHL, ASNA, FB, BABA

Synergy Pharmaceuticals, Inc. 
SGYP ---> It made a strong trade session with high bullish volume and a strong increase of its Momentum! A break above its 200EMA can pushes it for a strong breakout over $3.50! That's what I'll be tuned!!

Shanda Games Ltd.
GAME ---> Tomorrow i´ll be watching for continuation after today it crossing up its 20EMA and its Upper Bollinger Band Line with high bullish volume! Accumulation here is high as well its Buying Pressure! ADX is showing that price is well supported! As it closed near at high of day, we may have here a Gapper Candidate! Stay tuned

Greenhill & Co. Inc.
GHL ---> The price seems resumed to make a strong rally after today it crossing up its 20EMA and its 50EMA with heavy volume! The upside movement is well supported, as you can see by its Bullish ADX and MACD! Money Flow is now positive and its RSI came back to its buying area! Like also the jump made by its Accumulation! Looking very good Greenhill & Co. Inc.! Gapper Candidate to watch tomorrow

Ascena Retail Group, Inc.
ASNA ---> Watching for a break above its 200EMA! Can make a good run into its Big Gap! Worth watching

Facebook, Inc.
FB ---> Crossed bellow its 50EMA with decent volume! It has now a large room to fall and if you looking to its Bearish ADX and MACD Crossovers, you´ll see that price is under pressure! Also, Distribution starts to appear! Bears are in command and as it closed at high of day, we have here a Gapper Down Candidate! Short setup to watch

Alibaba Group Holding Ltd. 
BABA ---> The price seems that has reached a bottom and is giving now signs of a possible bounce! Money Flow back to positive area, Accumulation is growing and its Fast Stochastic is curling up, giving a nice buy signal! BABA is gaining Momentum and i´ll be watching for a move into its 20EMA! 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