Trade Ideas for Monday, July 13 $RXII $NLNK $ZIOP $EYES $SAGE $YDLE $FTK $FB
RXi Pharmaceuticals Corp.
RXII ---> This stock came back to my stream with a strong trade session with decent volume, crossing up its 20EMA and closing with a nice Breakout over $0.529! I´m very interested now, on the break above its 50EMA, which can happen right at the opening on the next trade session with a Gap Up, once it closed at High of the Day! If it realize this break with volume, it is a serious Upside Runner Candidate!! Technical indicators are now showing some positive divergences, proving that is gaining Momentum!! Keep closely
NewLink Genetics Corp.
NLNK ---> Shares of NewLink rose +5.00% with decent volume, crossing up its 20EMA, its 50EMA and the Upper Line of its Symmetrical Triangle! It made also a nice breakout, over $46.14 and, the next key level lies at $47.73! If it break up this level with high volume, it will be in an excellent position to Fill this Gap, and as it has 25.73% of Short Float, it can do that with a nice Short Squeeze! Chart looks strong, with its Bullish ADX and MACD Crossovers and High Buying Pressure! Nice Momentum here that can provide to us an interesting upward movement! Worth watching
ZIOPHARM Oncology, Inc.
ZIOP ---> It made a nice trade session with decent volume, crossing up its 50EMA and its 20EMA!! It has no more resistances ahead until its Trend Line Resistance and it is well positioned to reach it with a Big Short Squeeze, as it has 26.16% of Short Float! Stay Tuned
Second Sight Medical Products, Inc.
EYES ---> It comes back to trade strongly above its Trend Line Support, which is proving to be a strong support, and now, that it crossed above its 50EMA and its 20EMA with high volume in the last trade session, Second Sight has a nice room to climb! This is a great Buy Opportunity here, IMHO!! Long idea over $14.28
SAGE Therapeutics, Inc.
SAGE ---> Now, that it crossed above its 20EMA with decent volume, SAGE is a nice Breakout Candidate to watch in the next week! The major resistance lies around the $76.00 level and only a close above this level, would suggest further upside! Worth watching
YDLE ---> It is a nice Upside Runner Candidate for next week! Shares of Yodlee rose +3.97% with decent volume crossing its 50EMA and its 20EMA!! Technical indicators are curling up, showing an increase of its Momentum, and now, and break above the high of the last trade session, $14.83, will open the door for more upside movement!! Keep Closely
Flotek Industries Inc.
FTK ---> It is in a Breakout Mode with High Volume, High Accumulation and High Buying Pressure! It has also, 18.19% of Short Float, so, if it realize this Breakout with high volume, it will become in a serious Short Squeeze Candidate! And it has a large room ahead to Squeeze... Stay tuned
FB ---> It is setting up for New Higher Prices, now that it has broken above this Flag with decent volume! The price looks steady, watching to its RSI, which is moving in a very comfortable area, and to its Fast Stochastic Crossover, which is now Bullish Crossover!! Both indicators are giving a nice Buy Signal!! Facebook is pointed to higher and a New 52-Week Higher can happen already on Monday! Long setup to watch!!
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