Tuesday, June 30, 2015

Trade Ideas for Wednesday, July 01 $XOMA $AGIO $MPEL $ARNA $DVAX $MU $LPTN $FIT

XOMA Ltd.
XOMA ---> I´ll be watching closely tomorrow for a break above its 200EMA! It has 21.80% of Short Float and if it get strong volume again, we have here a great Upside Runner Candidate! Worth Watching


Agios Pharmaceuticals, Inc.
AGIO ---> Agios made a nice squeeze after it crossed above its 20EMA and its 50EMA! It has now a large room to climb and counts with nice positive divergences on chart, such as its MACD and its ADX, both becoming Bullish Crossovers, its Accumulation which remains high and steady or its RSI, which came back to its Buying Area! Momentum is growing and could be a nice Long Idea over $112.45!


Melco PBL Entertainment ( Macau ) Limited American Depositary Shares
MPEL ---> Melco made a strong trade session with massive volume, crossing up its 20EMA! It was alerted a few times for this stock on my Twitter and StockTwits! It is showing a tremendous strength and a break above it 50EMA will open the door for a large room to move higher! The price gained a strong sustainability, as you can see by its powerful Bullish ADX Crossover! Also, it get some nice Buy Signals, given by its Parabolic Sar Indicator or by its RSI, which came back to its Buying Area! Long Idea over $20.12

Arena Pharmaceuticals
ARNA ---> Arena made a strong breakout with high Volume and Buying Pressure, crossing up its 20EMA, its 50EMA, its 200EMA and yet, its Upper Bollinger Band Line! It is well positioned to continue this climb tomorrow! Worth watching this Gapper and Upside Runner Candidate!!


Dynavax Technologies Corp.
DVAX ---> It crossed above the Upper Line of its Symmetrical Triangle and above its Upper Bollinger Band Line with high volume! It is now a Breakout Candidate, which happens over $23.87 and, if do that with high volume again, and as it has 20.06% of Short Float, it could get a nice Short Squeeze toward a New 52-Week Higher! Chart looks good, showing strong Accumulation and Buying Pressure in the stock! Bulls are in command! Worth watching


Micron Technologies, Inc.
MU ---> Extremely oversold, this stock gave today, some nice signs for a potential recovery! Some technical indicators are curling up, and i´m liking particularly of its Fast Stochastic indicator, which became  Bullish Crossover! Potential Bounce Player to follow tomorrow!!

Lpath Inc. 
LPTN ---> This Bottom Player is extremely oversold and is trading at 28c with more 65c per share in cash, which means, we have here a very cheap stock! Today, it made a nice trade session with heavy volume, demonstrate a strong increase of Momentum! Also, some technical indicators are proving that, such as its Bullish MACD Crossover, which remains steady in its climb, Accumulation is rising or its Fast Stochastic Indicator, which became Bullish Crossover and is stepping out of its oversold area!! This stock could hit its 20EMA quickly!! Stay tuned


Fitbit, Inc.
FIT ---> This stock is on the verge of a Big Breakout and a New 52-Week Higher, after it have made a strong trade session, with shares rising +14.87%! As it closed at High of the Day, it can open tomorrow with a Gap Up! Worth watching



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.