Thursday, April 9, 2015

Watchlist for Friday, April 10 WYNN VDSI UNIS BBRY LFL IDTI

Wynn Resorts Ltd.
WYNN ----> It is setting up for a nice short squeeze if it break above its 50EMA tomorrow, as it has 8,36% of short float! All technical indicators are pretty good! It running out of its Upper Bollinger Band with high volume, RSI and MACD are pointed to higher, Buying Pressure is strong, Accumulation starts to appear, and its Fast Stochastic is showing the high Momentum in Wynn Resorts! Long Idea over $137.08

VASCO Data Security Intl, Inc.
VDSI ---> It made a strong trade session with decent volume, crossing up its 20EMA and its 50EMA! It is setting up for a strong breakout over $25.20 and, with 30.57% of short float, it is a serious candidate for a Big Short Squeeze! Technically, VDSI is showing lots of strength, with a bullish ADX and MACD Crossovers, RSI came back to its buying area, Money Flow becomes positive and Accumulation is growing nicely now! Bulls are in command and shorts, be careful here! Long setup to watch

UniLife Corp.
UNIS ---> This setup is in Breakout Mode and is running out of its Upper Bollinger Band Line! The trade session of today was made under decent volume and technical indicators are showing that its 26.09% of Shorts may come to have serious problems! It counts with Heavy Buying Pressure, counts with very Bullish Money Flow, its bullish ADX Crossover is showing that price is very well supported, RSI and MACD are rising very well, and its 20EMA is about to cross up its 50EMA, which is a tremendous Bullish Signal! In short, Bulls are in command, and once again, Shorts be careful

BBRY ---> It made a very interesting trade session with decent volume crossing and closing above its 20EMA! Its Bullish MACD Crossover and its rising Fast Stochastic are giving a strong Buy Signal and an meaningful increase of its Momentum! Also, RSI is about to entry again in its buying area! 50EMA is the next target, so keep closely

LATAM Airlines Group SA
LFL ---> We have here a Bounce Player with a strong Momentum! It reached the bottom, located between $8.06 and $8.00 level and looks now, ready to back to higher prices! It made a strong trade session with high volume, crossing up its 20EMA! Tomorrow, i´ll be watching for a running out of its Upper Bollinger Band Line and a possible test to its 50EMA! All technical indicators are showing that its upside movement should continue! Long idea over $9.09

Integrated Device Technology, Inc.
IDTI ---> It is a Potential Upside Runner into a New 52-Week Higher after making today, a strong trade session with decent volume, crossing up its 50EMA and its 20EMA and closing at High of Day, which means, it is a Gapper Candidate for tomorrow! It counts with heavy Accumulation and a very bullish Money Flow! MACD is curling up, giving a nice buy signal as well its RSI, which came back to its Buying Area! Worth watching


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