Friday, June 5, 2015

Watchlist for Friday, June 05 $INO $CBAK $ZNGA $AEO $GEVO $WYNN $AMDA

Inovio Biomedical Corp.
INO ---> The new of a possible Buyout that came out today, click here to see, should give the strength enough to continue its climb! The last trade session was made under high volume and Buying Pressure! Shares rose 5% crossing up its 50EMA, its Upper Bollinger Band and its 200EMA! This Gap should be Filled quickly! Keep this stock under your eyes
P.S. This new should also have an impact on stock, click here

China BAK Battery, Inc.
CBAK ---> This stock is poised for a strong Upside Breakout, which happens over $3.92! Great solid chart! Keep closely

Zynga Inc.
ZNGA ---> It remained very well above $3.00 in a red day! Now, a break above $3.12 will open the door for a squeeze into its next major resistance, $3.23! We are about to get an Golden Cross showing a strong bullish activity in the stock! Also its MACD crossover is giving a nice buy signal too! Stay tuned

American Eagle Outfitters, Inc.
AEO ---> The price is showing strength and will to make a New 52-Week Higher very soon! It is trading now above all EMAs and above its Upper Bollinger Band Line! Technical indicators are displaying strong positive divergences, which means that Buyers are in charge! So, with 15.15% of Short Float, a break above $17.06 could give to us a nice Squeeze! Worth watching

Gevo Inc.
GEVO ---> More great news for Gevo, click here!!! It seems inevitable the Big Breakout ahead and a Upside Run toward its 200EMA! Do not let go that one

WYNN ---> Nice Gap Up on Thursday, crossing up its 20EMA with high bullish volume! It has a nice room to climb toward its 50EMA and technical indicators are displaying an increase of its Momentum, which means, it should continue its upside movement! To follow

Amedica Corp. 
AMDA ---> Still in my portfolio! 50EMA is working very well as support for while!! The last trade session was nice, again with high volume, in a red day! It could be under high Accumulation and a huge Breakout could happen any moment! Keep Closely


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