Quotes by TradingView

Wednesday, April 15, 2015

Trade Ideas for Thursday, April 16 $CAT $ANF $CHK $RBCN $HOV $ROSG

Caterpillar, Inc.
CAT ---> This stock made a nice trade session with shares rising +2.61% on volume and running out of its Upper Bollinger Band Line! Its is showing strength to continue to move higher and has a great room to climb toward its 200EMA! It RSI is moving up in a very comfortable area, its rising and positive MACD and its AC/DT indicator are showing to us that Accumulation is very high here! Also, its Money Flow is bullish and it counts too with heavy Buying Pressure! As i said, it wants higher! Long idea over $85.73

Abercrombie & Fitch Co.
ANF ---> This stock made a strong breakout with shares rising +6.56% with high volume, crossing up its 10MA, 20EMA, 30EMA, and closing at High of Day! For tomorrow i´ll be watching for a break above its Upper Bollinger Band Line and above its 50EMA! If do that with decent volume, well, the room to climb is huge and as it has 34.38% of short float, the climb can be hard! Technically we can see a strong increase of its Momentum, with its rising MACD almost positive, RSI that came back to its buying area and a nice Bullish ADX Crossover! Accumulation is rising again too! Long Idea over $23.10

Chesapeake Energy Corp.
CHK ---> Another Potential Upside Runner to watch tomorrow after making a strong breakout in a great trade session with heavy bullish volume, crossing above its Upper Bollinger Band Line and its 50EMA and closing above it! Its rising RSI and MACD are giving a strong Buy Signal! Also, Buying Pressure is very high and Accumulation is growing nicely! Has potential to make a great upward movement!! Long Idea over $16.16

Rubicon Technologies Inc.
RBCN ---> It made a very strong trade session with high volume, rising from its Bottom, breaking above of its 10MA, 20EMA, 30EMA and is testing now its 50EMA! Tomorrow, i´ll be watching for a break above its 50EMA with high volume again, and as it has 21.27% of short float, we may have a Big Short Squeeze ! Its RSI, which came back to the buying area, and its Bullish MACD and ADX Crossovers are giving a tremendous Buy Signal! Shorts will have serious problems! Long Idea over $4.11

Hovnanian Enterprises, Inc.
HOV ---> It is a Breakout Candidate! Tomorrow, i´ll be watching for a break above its Trend Line Resistance and then a breakout over $3.76! If do that with decent volume, it can reach its 200EMA easily! Chart is showing strong positive divergences and, as it closed at High of Day, we may open tomorrow with a Gap Up! Worth watching

Rosetta Genomics Ltd.

ROSG ---> Big Breakout and Potential SkyRocket ready to fly to watch tomorrow!! The trade session of today was fantastic, under of heavy volume and Buying Pressure and it made a strong close too, near at Highs of Day, which leads me to believe that upside movement should continue ! 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