Tuesday, April 7, 2015

Watchlist for Wednesday, April 08 GEOS, CMGE, BLRX, RMBS, SSH, SODA

Geospace Technologie Corp.
GEOS ---> After the fantastic trade session of today, is case to say that tomorrow we can watch a massacre to shorts! Shares rose +10.64% with high bullish volume and high Buying Pressure, crossing up its Upper Bollinger Band Line and its 50EMA! Also, it closed at High of Day, which means that we may have a Gapper Candidate! Its Bullish ADX Crossover is showing that price is strongly supported! The 21.81% of shorts are really in troubles and we have here a Potential Big Short Squeeze to watch tomorrow

China Mobile Games and Entertainment Group Ltd.
CMGE ---> We have here a Potential Big Breakout to watch for tomorrow! Shares rose +7.11% with high bullish volume, crossing up its 20EMA and its 50EMA! It is on the verge of break above its 200EMA and test its Upper Trend Line of its Falling Wedge! All technical indicators are showing positive divergences, such as its RSI, which came back to its buying area, its MACD, which is curling up and is almost Bullish Crossover like its ADX, and also, its 20EMA is crossing up its 50EMA!! We have here a strong Momentum that worth be following tomorrow

BioLineRx Ltd.
BLRX ---> It made a strong trade session with high volume and high buying pressure and is now, well positioned to running out of its Upper Bollinger Band Line into $2.45, the next Breakout! Technically, it looks very interesting, with a Bullish MACD Crossover, Accumulation is rising and RSI is moving up in a very comfortable area! Buyers are in charge and worth watching for a possible upside run! Gapper Candidate

Rambus, Inc. 
RMBS ---> This setup is poised to move higher! It is running out of its Upper Bollinger Band Line with high volume! MACD, which is curling up and its Bullish Fast Stochastic Crossover are giving a strong buy signal! Accumulation is really impressive, very high as well its Buying Pressure and it counts too, with a very bullish Money Flow! Rambus is a Take Off Candidate! Stay tuned

Sunshine Heart, Inc.
SSH ---> Mentioned in my last Blog Post! Well, it had a great day, with shares rising +5.18% with decent volume, crossing up its 50EMA and gaining thus, a large room to climb! Exactly as i expected! Watching for continuation tomorrow

SodaStream International Ltd.
SODA ---> Big Breakout to watch tomorrow and Potential Upside Runner! Chart is showing strong positive divergences, such as its rising MACD, its very Bullish Money Flow or its Bullish Fast Stochastic Crossover!! Long Idea over $20.32


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