Tuesday, May 5, 2015

Trade ideas for Wednesday, May 06 $ANFI $BOOM $INUV $CALX $DSX $DRYS $BSBR

Amira Nature Foods Ltd.
ANFI ---> The price crossed above its 50EMA and its Upper Bollinger Band with heavy bullish volume! It has a nice room to climb until its Trend Line Resistance and has too, 22.26% of short float, which means that the squeeze could continue!! Strong Bullish Chart! Worth watching

Dynamic Materials Corp.
BOOM ---> Chart is showing a strong Momentum with all indicators showing a high bullish activity! Looks poised to make a decent breakout and a interesting Upside Movement! Stay tuned

Inuvo, Inc.

INUV ---> Potential Upside Runner if break above its 20EMA with decent volume! It is gaining Momentum as we can see in some positive divergences on chart! Also, as it close at high of the day, the next open can happen with a Gap Up! An advice, this stock is extremely volatile, so, if you decide to get in, use a tight stop! Keep closely

Calix Networks Inc.

CALX ---> It had the second day in a row of high bullish volume and its RSI and its Fast Stochastic, which became bullish crossover, are stepping out from its oversold area! Nice buy signals of these two! We have here a Potential Bounce Player!

Diana Shipping Inc.
DSX ---> It made a nice trade session under high volume and high buying pressure, crossing and closing above its 50EMA! It is setting up to make the breakout over $6.49, and if do that with decent volume, we may have here a Potential Upside Runner! Keep Closely

Dry Ships Inc.
DRYS ---> It is gaining a Momentum and a break above its 20EMA with decent volume will turn it in a Potential Upside Runner with possible target at $0.81!

Banco Santader Brasil S A
 BSBR ---> Breakout Candidate and Potential Upside Runner to watch today! Nice Bull chart! Long idea over $5.59


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