Wednesday, June 10, 2015

Trade Ideas for Wednesday, June 10 $ETSY $GEVO $TGS $NADL $MUR $NBL $IAG

Etsy Inc.
ETSY ----> The price seems that has reached the Bottom, and now, is giving strong signs of a possible Bounce! Shares of Etsy rose +7.60%  with high volume! It has a very nice Bullish MACD and Fast Stochastic Crossovers, giving a strong Buy Signal! Also, the Fast Stochastic indicator is stepping out of its oversold area, which is another great buy signal!! Its Money Flow is very healthy too!! The stock is gaining strong Momentum and could reach its 20EMA easily for a test, so, keep closely, worth watching this Bounce Player

GEVO ---> It is forming a solid base above of its 20EMA and its 50EMA with strong Bullish activity in the stock! The volume of the last trade sessions has been well above its average and it is trying consecutively the breakout! So, if it continue with this performance, we will get a Monster Breakout any moment, opening the door for a huge Squeeze into its 200EMA! As i said before, Gevo is going through a good Momentum with Bulls on command! Keep it very closely

Transportadora De Gas Sur
TGS ---> This stock has been trading under strong Accumulation and Buying Pressure! It is now in Breakout mode with lots of potential to make a good Upside Run! If break the yesterday high, it will break above its Upper Bollinger Band Line too, and then, it will gain a large room to climb! Great bullish chart! Long idea over $4.95

North Atlantic Drilling Ltd.
NADL ---> This stock is on the verge of a strong Breakout and, if it do that with high volume again, as it has 15.62% of Short Float, we can get a very nice upside run! Chart looks great, with its Bullish MACD and ADX Crossovers supporting very well the price and its RSI, which came back to its Buying Area! Nice Momentum that worth be watching

Murphy Oil Corp.
MUR ---> We may have here a nice Bounce Player to watch! The stock reached the Bottom and is now, poised for a bounce if break above its 20EMA with high volume again!  Technically, chart indicators are showing strong positive divergences, which means that buyers are coming back! Could be a nice long idea over $43.58! Stay tuned

Noble Energy, Inc.
NBL ---> Could make a great squeeze if break above its 50EMA with high volume again!!

IAG ---> Still on my tracking! I´ll be watching for the confirmation of the break above its Trend Line Resistance! It has lots of potential to make a nice upside run!


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