Saturday, June 6, 2015

Trade Ideas for Monday, June 08 $SPPI $RBCN $THRX $CME $VJET $BV $ONVO $PETX $APPY

Spectrum Pharmaceuticals, Inc.
SPPI ---> This stock is showing  a strong Momentum and is now on the verge of a Big Breakout! Shares rose +2.52% with decent volume, crossing up its 200EMA! If break above $6.99 with volume,  and as it has 38.43% of Short Float, it can make a strong upside run and fill this Gap quickly! Chart indicators are displaying strong Accumulation and a very Bullish Money Flow in the stock! Bulls are in command, and shorts, be careful! It is a Potential Upside Breakout and a Short Squeeze Candidate to following closely

Rubicon Technology, Inc.
RBCN ---> It is a Bounce Player! Since the price reached the bottom, the stock has been showing a tremendous increase of its Momentum! Last trade session was made under high bullish volume, with shares rising +1.32%, crossing up its 20EMA and closing on the top of it! I´ll be watching on Monday for the confirmation of this break! If do that with high volume again, and as it has 21.82% of Short Float, we can get a hard Upside Run! Like its Bullish MACD Crossover, which is displaying a nice Buy Signal! Long idea over $3.09

Theravance Inc.
THRX ---> We have here a Potential Upside Runner to watch! Shares of Theravance has been trading under High Buying Pressure and High Accumulation! Also, they are trading now above all EMAs, above its Upper Bollinger Band Line and above its Symmetrical Triangle! Technical indicators are showing strong Buy Signals, such as its Bullish ADX Crossover, its Bullish MACD Crossover, which came back to the positive area or its RSI, which is moving up in a strong Buying Area! Money Flow is very Bullish too! This stock, as it close the regular trade session near at Highs of the Day, it can open with a Gap Up and as it has 34.07% of Short Float, we may be on the verge of a Big Short Squeeze too! Keep closely

CME Group Inc.
CME ---> CME Group is in Breakout Mode! Shares rose +1.81% with high volume, crossing up its Symmetrical Triangle staying now, well positioned to make a strong Breakout, which happens over $95.99! If do that with high volume, it will stay with the door open to make a nice squeeze into a New 52-Week Higher!! Chart indicators are showing a nice Momentum in the stock, so keep closely, could be a nice Long Idea over $95.99


VJET ---> This stock came up on my screen with an interesting upside potential! It made a nice trade session with decent volume in an uncertain market day, crossing and closing above its 20EMA! Technically, we can see strong buy signals on chart, such as its RSI, which is moving up into its Buying Area, its Bullish MACD and ADX Crossovers or its Fast Stochastic, which became Bullish Crossover too! I´ll be watching closely for a break above its 50EMA and above of its Trend Line Resistance! If do that with high volume, we have here a Potential Upside Runner! Stay Tuned

BazaarVoice, Inc.
BV ---> Nice Gap Up in last trade session! Shares of BazaarVoice opened above its 50EMA and its Upper Bollinger Band Line, having now, a great room to climb toward its 200EMA! Also, they traded under high volume and high Buying Pressure! Looking to its powerful RSI and MACD, which is now moving now in a positive area, are giving a strong Buy Signal! Its Bullish ADX Crossover is saying that climb is well supported! Buyers are back and could be a nice long idea over $6.16

Organovo Holdings, Inc.
ONVO ----> Will be interesting to see the performance of this stock with earnings ahead ( Jun 11 )! Shares is colliding here and looking for the positive divergences on chart, we can say that is a Potential Upside Breakout! Also, it has 28.04% of Short Float, so, a breakout with high volume can give to us a great squeeze! Its MACD and RSI are moving up in a very comfortable area, giving so, a nice Buy Signal! Also, its 20EMA is crossing up its 50EMA, giving another Buy Signal, Buying Pressure is High and Money Flow is now positive! Bulls are in command, stay tuned!!

Aratana Therapeutics, Inc.
PETX ---> This stock is well positioned for a nice squeeze! For that, it needs to break above its 200EMA with high volume!! Looking to the chart, we can see a strong Bullish Activity in the stock, as it broke above its Upper Bollinger Band Line and above its 50EMA! Also its counts with high Buying Pressure and its Bullish ADX Crossover is telling us that price is well supported! Its CMF indicator is almost positive, giving a nice Buy Signal too! In short, the Momentum is great and worth watching above $15.01!!

Venaxis, Inc.
APPY ---> Another nice Gap Up in the last trade session, with shares to open above its Upper Bollinger Band Line and above its 50EMA, but this time, with massive Bullish Volume and Buying Pressure! Technically, we have strong Buy Signals to consider, such as, its RSI, which is moving up strongly in buying area, as well its ADX, and its CMF indicator, which is showing that Money Flow is almost positive! Venaxis is on the verge of a Big Breakout and consequently Upside Runner! Stay tuned

Disclaimer

Here's a friendly reminder: all charts shared here are powerful tools based on major technical indicators. However, it's crucial to remember that stock suitability depends on your individual strategy. 🛠️ I must emphasize that good stock performance isn't solely determined by technical data. 💡 As always, trade cautiously, and I cannot be held responsible for any trade outcomes. Remember, I'm not a financial advisor.