Wednesday, April 22, 2015

Trade Ideas for Wednesday, April 22 $IMUC $HMY $GOGO $SSRI $HLF $ASX $ASNA

Immunocellular Therapeutics Ltd.
IMUC ---> It made a strong trade session and a strong breakout with heavy volume, crossing up too, its 20EMA and 30EMA! For tomorrow, i expect the confirmation of the break above its 30EMA and then, it will have the door open to make a good run into its 50EMA! The price seems well supported, with a strong Bullish MACD and ADX Crossovers, and its RSI, which came back to its buying area, is giving a nice Buy Signal! IMUC is in a great Momentum, so, can be a great long idea over $0.515

Harmony Gold Mining Co. Ltd
 HMY ---> Another stock that made a strong trade session and a strong breakout with decent volume, crossing and closing above its 50EMA! It has now a large room to climb! Chart is showing strong positive divergences, with a strong rising MACD, a nice Bullish ADX Crossover, supporting very well the price, RSI came back to its Buying Area and Buying Pressure is high too! It has everything right to make a good run toward its 200EMA! Stay tuned


GOGO Inc.
GOGO ---> I expect for tomorrow a great short squeeze, after making today a strong trade session and strong breakout with high volume! It is also, running out of its Upper Bollinger Band Line! GOGO has 32.26% of short float and counts in this moment with high Buying Pressure and High Accumulation! Money Flow is very healthy too! Shorts are in serious troubles

Silver Standard Resources
SSRI ---> It is running out of its Upper Bollinger Band Line toward to its 200EMA with decent volume! Has room and the conditions to make a good climb! Its rising RSI and MACD are strong both and very positives, giving a nice Buy Signal! Money Flow is bullish and it counts too, with high Buying Pressure! Nice long setup to watch

Herbalife
HLF ---> It made a nice breakout with decent volume, running out of its Upper Bollinger Band Line and closing at High of Day! It is now a Gapper Candidate and an Potential Upside Runner! Technically, it is strongly shorted, with 36.27% of short float, it counts now with a nicely bullish MACD Crossover and high Buying Pressure! Its Accumulation is starting to appear to! Is ready to run! Worth watching, $48.55 is the next test


Advanced Semiconductor
ASX ---> It made a nice trade session with decent volume crossing up all EMAS! I expect in the next trade session, the confirmation of the break above its 30EMA and then, it will have the open door to make a nice upward movement! Its MACD and RSI, both curling up, are giving a nice buy signal! Money Flow here is bullish and it counts too, with high Accumulation! ASX is gaining Momentum! Keep closely

Ascena Retail Group, Inc.
ASNA ---> Lovely Upside Trend!! It is trading now inside of its GAP, with decent volume, high Accumulation and high Buying Pressure, it is running out of is Upper Bollinger Band Line, is trading above all EMAs and, as it close at High of Day, it is a Gap Up candidate for the next trade session! In short, it is well positioned to make a strong move to Fill the Gap! Long setup to watch




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