Thursday, May 7, 2015

Trade Ideas for Friday, May 08 $ZNGA $ZU $XON $IDTI $PPP $SODA

ZNGA ---> Gap was Filled in a strong trade session with massive volume!! Now, for tomorrow i expect a Big Breakout over $2.90! Very strong Accumulation and Buying Pressure in last two days! $3.00´s is just around the corner! 

Zulily Inc.
ZU ---> Another Gap Filled with high volume! For tomorrow, i´ll be watching for a test to its 20EMA! I´m seeing strong Accumulation and a very Bullish Money Flow! Buyers are in charge strongly! Also, as it close at High of Day, we may have here a Gapper Candidate! To follow

Interxon Corp. 
XON ---> It made a strong trade session with high volume, crossing up its 50EMA and its 20EMA, and closing near to Highs of Day! For tomorrow, i´ll be watching for a break above its strong resistance area ahead, situated around $44.00 level! Just want to mention that it has 27.39% of Short Float! Stay tuned

Integrated Device Technologies, Inc.
IDTI ---> Crossed above its 50EMA, above its First Major Resistance and above its Trend Line Resistance with high bullish volume! It is well positioned to make a nice upward movement into its breakout area, and the the price looks well supported to do that! Watching for the chart, we have a powerful Bullish ADX and MACD Crossovers, supporting the climb, RSI came back to its buying area and we can see too, an increase of its Accumulation! Worth watching

Primero Mining Corp.
PPP ---> If the Gold sector climbs tomorrow, we may have here a Potential Upside Runner into its 200EMA, after today it had made a nice Breakout in a strong trade session with high volume, high Buying Pressure and a very Bullish Money Flow ! Also is running out of its Upper Bollinger Band Line! The Momentum is good! Long idea over $4.01

SodaStream International Ltd.
SODA ---> It is on the verge of a Big Breakout!! Great trade session! Great chart!! Shorts are getting burned


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