Saturday, June 20, 2015

Trade Ideas for Monday, June 22 $YGE $FBIO $SPPI $INWK $Z $ARR $ACI $CBAY $XOMA

Yingli Green Energy Holding Co. Ltd.
YGE ---> This stock made a strong trade session with high bullish volume, making a nice breakout above $1.33 and crossing up its Upper Bollinger Band Line! Now, it is about to Fill the Gap and break above its 50EMA! If do that with high volume again, it could make a strong upside run, as it will gain a large room to climb and as it has 11.21% of Short Float! Also, this stock is trading under high Accumulation and Buying Pressure, which means, that buyers are in charge tightly! Money Flow is very Bullish and i like also, the Buy Signal given by its RSI and MACD! Potential Upside Runner over $1.47 to watch

Fortress Biotech, Inc.
FBIO ---> It made a powerful Breakout on volume, crossing up also its 20EMA, its 50EMA and its Upper Bollinger Band Line! It has now a strong resistance area, located between $3.73 and $3.75! If break it, it will stay with large room to climb again, and could repeat the movement of the last trade session! Technical indicators are showing that price is well supported! Its rising MACD is moving now in a positive are, RSI is moving in a strong Buying Area too, Money Flow is healthy, ADX became Bullish Crossover and it counts too, with high Buying Pressure! Buyers are in charge! Could be a great trade idea over $3.75!! Keep closely

Spectrum Pharmaceuticals, Inc.
SPPI ----> It is going through a strong Momentum!! The stock made a nice breakout, with high bullish volume, staying well positioned to finally, Fill this Big Gap, which can happen already on Monday! It is trading also under high Accumulation and its powerful RSI and MACD are showing that Bulls are in command!! It has 34.45% of Short Float and a Big Short Squeeze could be imminent! Great Bullish Chart! Worth watching

InnerWorkings Inc.
INWK ---> It has been trading under High Volume and High Buying Pressure! A break above its 200EMA could give us a nice upward movement! Long Idea over $6.95

Zillow Group, Inc.
Z ---> It broke above its Downtrend Line and above its 20EMA in a very steady trade session with high volume! Technical indicators on chart are displaying strong positive divergences, getting increase of its Momentum! I expect a test to its 50EMA very soon, and a break above it, could give to us a nice short squeeze, as it has 33.26% of Short Float! Nice Bounce Player to watch!!

Armour Residential REIT Inc.
ARR ---> It is going through a good Momentum, with shares trading under high bullish Volume and high Accumulation! I´m watching now for a break above its 50EMA! It will stay well positioned to make a nice upward movement! Long Setup to watch

Arch Coal, Inc.
ACI ---> It made a strong trade session with massive bullish volume! This Bottom Player is now giving strong signs of a possible Bounce!! I´ll be watching now for a possible test to its 20EMA! If break it with volume again, and as it has 21.82% of Short Float, it could make a strong squeeze toward its 50EMA!! Its RSI, which, is stepping out of its oversold area and its Bullish MACD Crossover are giving a nice Buy Signal! Keep closely, it can run hard above $0.52

CymBay Therapeutics Inc.
CBAY ---> This stock is setting up for a strong Upside Movement! It made a nice trade session, with high volume, stepping out of this solid base and it is now, about to break above it 20EMA!! If do that, it will gain a large room room to climb!! With high volume again, it could make a hard run as it is a very volatile stock! All technical indicators are curling, showing an increase of its Momentum!! Like particularly of its Bullish ADX Crossover, which is showing that price is well supported!!  Keep this stock very closely!!

XOMA ---> It is in Breakout Mode with the second day in a row of High Volume and Buying Pressure!! It crossed above its Upper Bollinger Band Line and closed on the top of its 200EMA! Xoma is now on the verge of a strong Breakout! Its RSI, MACD and ADX, both very powerful, are giving a strong Buy Signal! Keep closely on this breakout, with 19.89% of Short Float, we can get a nice Short Squeeze


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