Tuesday, June 23, 2015

Watchlist for Wednesday, June 24 $Z $GLOG $AXAS $CENX $HK $DDD

Zillow Group, Inc.
Z ---> I´ll be watching for the confirmation of the break above its 50EMA! It will gain a large room to climb, and with volume, it can make a strong squeeze as it has 33.26% of short float!! Long Idea over $93.60

GasLog Ltd.
GLOG ---> This stock is poised for a strong move higher! It broke above all EMAs and is breaking up now, its Upper Bollinger Band Line! Confirming this break, it will get a nice room to make a strong upside run! Chart looks good, with RSI, which came back to its Buying Area, and its Bullish MACD Crossover, both giving a strong Buy Signal, and its ADX, which is becoming Bullish crossover too, showing that price is well supported! Nice Momentum that worth be watching!!

Abraxas Petroleum Corp.
AXAS ---> It is in Breakout Mode with strong positive divergences on chart!! The room to climb is good and could be a nice long idea over $3.19! To follow

Century Aluminum Co. 
CENX ---> It is gaining high Momentum, and now, as it crossed and closed above its 20EMA, Century Aluminum is poised to make a strong breakout! If do that with high volume and as it has 32.25% of short float, we can get a strong squeeze into its 50EMA!! Nice positive divergences on chart! Keep closely

Halcon Resources Corp.
HK ---> We have here a Big Breakout and a possible Upside Run to watch tomorrow! This stock made a strong trade session, with the third day of high volume, which is suggesting strong Accumulation, and closing the regular trade session at High of the Day, becoming so, in a Gapper Candidate! If it break above the $1.38 mark with high volume again, and as it has 13.75% of short float, we can get a strong upside run! Technical indicators are displaying strong positive divergences, meaning that buyers are in charge! Long idea over $1.38

3D Systems Corp. 
DDD ---> It made a nice trade session with high volume, crossing up its 20EMA! Chart looks good, with strong positive divergences , and as it has 33.07% of short float, it is on the verge of a strong breakout, being able to reach its 50EMA quickly! We may have here the beginning of a strong bounce!! Stay tuned


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