Wednesday, May 13, 2015

Trade Ideas for Thursday, May 14 $ATU $CVO $UTIW $INWK $IMMU $C

Actuant Corp.
ATU ---> It is setting up for a nice for a nice Breakout! It has a large room to climb and technical indicators are showing that price is well supported to make that climb! Long Idea over $24.61

Cenveo Inc.
CVO ---> Crossed above its 200EMA and is running out of its Upper Bollinger Band line with massive bullish volume! It is poised for a strong Breakout over $2.40 tomorrow! Like the 20EMA, which is crossing up its 50EMA, and like too, its powerful MACD crossover! Both are giving a strong Buy Signal! Also, Accumulation and Buying Pressure are very high too! Breakout Candidate to watch tomorrow

UTi Worldwide Inc.
UTIW ---> The price crossed and close above its 20EMA with high volume! Chart indicators are showing strong positive divergences, which leads me to be alert for a break above $9.66!! Its 17.78% of Short Float can give to us a nice run toward its 50EMA! Keep closely

InnerWorkings Inc.
INWK ---> This setup is on the verge of a Big Breakout! It made a nice trade session, crossing up its Trend Line Resistance, its 20EMA and made too, a nice breakout over $6.47! A breakout over $6.65 with decent volume is the next step, and then a upside movement into its 200EMA! Technically, its RSI, which came back to its Buying Area and its Bullish MACD Crossover are giving a strong Buy Signal! Also, its Fast Stochastic is showing a tremendous increase of its Momentum! Keep closely

Immunomedics, Inc.
IMMU ---> This setup is primed to make a good upside run now that is trading above all EMAs and broke above the Upper Line of its Wedge Down! Chart is displaying strong positive divergences that could push it to higher prices! As it close at High of the Day, it can open tomorrow with a Gap Up too! Potential Upside Runner to watch

Citigroup, Inc.
C ---> Breakout Candidate to watch tomorrow


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