Wednesday, June 17, 2015

Trade Ideas for Thursday, June 18 $APPY $CDE $GLUU $NVDQ $S $NVDA $SODA

Venaxis, Inc.
APPY ---> Is back to my stream!! Shares of Venaxis rose +5.36% with high bullish volume, crossing up its 20EMA, its 50EMA and its Upper Bollinger Band Line! Also, it closed the regular trade session near at the high of the day, becoming so, in a Gapper Candidate! It is trading under strong Accumulation and Buying Pressure and a break above its Trend Line Resistance, with high volume again, can turn it in a Upside Runner! Nice Momentum that worth be watching!!


Coeur D Alene Mines Corp.
CDE ---> It made a nice breakout with high bullish volume, crossing up too, its Upper Bollinger Band Line! This stock is showing strong Accumulation, Buying Pressure and a very healthy Money Flow, which leads me to believe that, a break above its 200EMA with high volume, can give to us, a strong upward movement! This break above its 200EMA can happen in the opening with a Gap Up, as it closed near at High of the Day! It is setting up for a upside run! Stay tuned


Glu Mobile Inc.
GLUU ---> Glu Mobile had a nice day, with shares rising +3.47% with high bullish volume, crossing up the Upper Line of this Triangle and closing on the top of its Upper Bollinger Band Line! It is now, well positioned to make a strong breakout! Technical indicators are displaying strong positive divergences, showing an increase of its Momentum! Buyers are stepping in! Keep closely!!


Novadaq Technologies Inc.
NVDQ ---> It made a strong breakout today, with high volume, having now a large room to climb! $12.64 is the next key level, and a break above it with high volume again, can give to us a strong and fast movement toward its 200EMA! Great Chart! Worth watching


Sprint Corp. 
S ---> Looking to the technical indicators on chart, we can see that Sprint is gaining a high Momentum and a break above its 50EMA can open the door for a nice squeeze! Long idea over $4.81


NVIDIA Corp.
NVDA ---> Another stock that the technical indicators are displaying positive divergences, showing an increase of its Momentum! For tomorrow, i´ll be watching for the confirmation of the break above its 20EMA and its 50EMA! If do that with decent volume, we can get a nice upward movement toward its Trend Line Resistance! Long idea over $21.70


SodaStream International Ltd.
SODA ---> Following my last Blog Post, and looking now for the chart above, i think it makes perfect sense continue to follow it! Now that it crossed and closed above its 200EMA with high bullish volume, SodaStream is free to run! Long setup to follow









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.