Wednesday, April 29, 2015

Watchlist for April 29 $INTC $NUE $HOV $TSL $PLCM $EXK

Intel Corp.
INTC ---> After breaking up this resistance area, Intel is ready to make a good upward movement!  Nice bullish chart!  Long setup to watch

Nucor Corp.

NUE ---> It made a nice breakout with high volume leaving behind a strong resistance area! Also, it is running of its Upper Bollinger Band Line with large room to climb ahead! As it close at High of the Day, it can open with a Gap Up too! Long setup to watch

Hovnanian Enterprises, Inc.
HOV---> The price seems that has reached the bottom and looks like that it wants make a recovery as the price rose +2.83% on high volume! All technical indicators are curling up, but i´m liking of its Fast Stochastic, which became Bullish Crossover and is about to leave from its oversold area, giving so, a nice buy signal! Keep Closely this Potential Bounce Player

Trina Solar Ltd.
TSL ---> It made a strong breakout with high volume, running out too, of its Upper Bollinger Band Line! It is trading above all EMAs too, having now a large room to climb! All technical indicators are showing a strong bullish activity in the stock and, as it closed at High of the Day too, the open can be with a Gap Up! Is a Potential Upside Runner to watch today

Polycom, Inc.
PLCM ----> Like the Momentum that is given by this Breakout Candidate! Its Bullish MACD and Fast Stochastic Crossovers are giving Buy Signals! Also, the price looks poised to make a test to its Trend Line Resistance! If break above this area, it will gain a large room to climb! Long Idea over $13.40

Endeavour Silver Corp.
EXK ---> Keep closely on this setup if Silver Sector climb today! It is well positioned to make a strong Breakout and a possible Upside Run toward its 200EMA! Great bullish chart


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