Saturday, June 27, 2015

Trade Ideas for Monday, June 29 $MRO $ANF $BOOM $AEGN $GIGA $PLUG $FGEN

 Marathon Oil 
MRO ---> Shares of Marathon rose +3.51% with high bullish volume, crossing up its 20EMA, its 50EMA and its Upper Bollinger Band Line! Also it closed the regular trade session at High of the Day, becoming so, in a Gapper Candidate for Monday! It has now a nice room to climb toward its 200EMA and, watching to the technical indicators, which are showing a tremendous bullish strenght, it can hit the 200EMA easily! Nice long setup to watch

Abercrombie & Fitch Co.
ANF ---> This stock has been trading under high Accumulation and high Buying Pressure! In addition, the last trade session was made under heavy Volume and a very bullish Money Flow, which leads me to believe that, a break above $23.72 will open the door for a huge short squeeze, as it has 35.77% of short float! It can hit its 200EMA quickly!! Stay closely

Dynamic Materials Corp.
BOOM ---> It got the attention from institutions, and mine too!! It made a nice breakout with massive volume and i´m seeing too, strong Accumulation here !! Worth watching for a possible break above its 50EMA first, and then above its Trend Line Resistance!! It will be able to make a strong upward movement if do that!! Gapper Candidate and Potential Upside Runner for Monday

Aegion Corp.
AEGN ---> It made a great breakout on volume having now, a large room to climb! It left a strong resistance area behind, crossing up its 200EMA, its Upper Bollinger Band Line and its Trend Line Resistance! Aegion Corp. is counting with strong buy signals on chart, such as its 20EMA which crossed above the 50EMA, its Bullish MACD Crossover, moving up now in a positive area or its RSI, which is in a comfortable Buying Area! Also, the price is under high Accumulation and Buying Pressure and its Money Flow is very Bullish!! With this large room to climb and this strong bullish activity in the stock, it is well positioned to move higher! Worth watching

Giga-tronics Inc.
 GIGA ---> This is a stock with Low Float!  It is showing an interesting positive divergences on chart, such as its MACD, which is curling up and its Fast Stochastic, which became Bullish Crossover and is stepping out of its oversold area! Also, ADX indicator is crossing up the signal line! In short, buyers could be back and a break above its 20EMA and 50EMA with decent volume will make it in a serious SkyRocket Candidate! To follow very closely

Plug Power, Inc.
PLUG ---> It made a nice recovery from Lows of the Day, on volume, closing the regular trade session on the green side, after it touched the Lower Bollinger Band Line! This is a nice Buy Signal and we may have here the beginning of upward movement! Another nice Buy Signal is giving by its Fast Stochastic indicator, which became Bullish Crossover and is stepping out of its oversold area! Worth Watching

FibroGen, Inc.
FGEN ---> The last trade session was made under massive Volume and Accumulation and the Breakout ahead,  if confirmed, could be a Monster Breakout!! Keep closely this Potential Upside Runner


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