Saturday, July 4, 2015

Trade Ideas for Monday, July 06 $VRTX $ACLS $TSU $KITE $YELP $TEVA $LLNW $APOL

Vertex Pharmaceuticals Inc.
VRTX ---> This stock is about to cross up its Trend Line Resistance and make a breakout over $132.98! This Breakout, if made with volume, could make the price run into a New 52-Week Higher!! The price looks well supported, it is trading above all EMAs, is about about to cross up its Upper Bollinger Band Line and counts with strong positive divergences on chart, such as, its Bullish MACD and ADX Crossovers, its RSI, which is moving up in a nice Buying Area or is Accumulation, which is rising now! Long Idea $132.98

Axcelis Technologies, Inc.
ACLS ---> It setting up for New Higher Prices!! For that, it need to remains steady in its climb and break above of this Trend Line Resistance with high volume again! All technical indicators are pointing to higher, showing a nice Momentum! Worth watching this Gapper and Breakout Candidate

Tele Celular Sul Particip
TSU ---> Potential Upside Runner if break above this Down TrendLine  on volume!! 200EMA could be the next stop!!

Kite Pharma, Inc.
KITE ---> It is setting up for a Big Breakout!! If do that with high volume again, its 15.66% of Short Float could give to us a nice Upside Run! Long Idea over $66.50

YELP ---> It could make a nice recovery from the big drop occurred in the last trade session, where it closed on the top of its second Major Support! Trading now under oversold conditions, it could bounce hard from here, giving to traders, a great buy opportunity! Its Fast Stochastic Indicator, which became Bullish Crossover and is stepping out of its oversold area, is giving a nice Buy Signal!! Keep closely

Teva Pharmaceuticals Industries Ltd.
TEVA ---> It is a Breakout Candidate with a great Bullish Chart! If it realize this breakout with high volume, it will stay with the door open for a nice upward movement seeing that it will gain a large room to climb! Long setup to watch

Limelight Networks, Inc.
LLNW ---> It is in breakout mode, trading under high bullish volume, and it is now, on the verge of a New 52-Week Higher! Chart indicators are displaying strong positive divergences, proving the good Momentum in the stock! Gapper and Breakout Candidate to watch

Apollo Grp., Inc.
APOL----> It made a nice trade session with high volume, showing signs of life, after the big fall that it have made! Now, all technical indicators are curling up, meaning that stock could be gaining Momentum, and so, we may be facing a strong recovery! It is a Potential Bounce Player that worth watching 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