Saturday, July 18, 2015

Trade Ideas for Monday July 20 $XNPT $CALA $AVEO $GNMK $YNDX $W $VJET

XenoPort, Inc.
XNPT ---> XenoPort made a nice Breakout with high volume, crossing up too, its Upper Bollinger Band Line!! The next major resistance lies at $7.68 and if break it,  it could be a nice Upside Runner Candidate! Technically, its EMAs are giving a tremendous Bullish Signal ( 20EMA crossed above its 50EMA and 200EMA ), MACD is rising well in its positive area, and it counts too, with high Buying Pressure!! In short, the Momentum looks strong and it is poised to move higher!! Long idea over $7.68


Calithera Biosciences, Inc.
CALA ---> Next week will be very interesting!! It made a powerful trade session, with shares rising +21.63% on massive bullish volume, making a strong breakout! Now, it is about to break above its Upper Bollinger Band Line and above of its 50EMA! If it do that with high volume again, shorts should start covering and then, a Big Short Squeeze could happen!! $12.35, its second major resistance could be the target!! Chart indicators are all curling up strongly, showing a the strong Momentum in the stock!! Long Over $8.97


AVEO Pharmaceuticals Inc.
AVEO ---> AVEO is going through a strong resistance area composed by its 20EMA and 50EMA!! Looking for the technical side, the stock is displaying strong positive divergences, such as its Bullish MACD and ADX Crossovers, showing that price is well supported, its RSI, which is coming back to its Buying Area, or its Fast Stochastic Indicator, which became in a strong Bullish Crossover too, giving a strong Buy Signal! The Momentum is growing and i believe that, if it get away from this area with high volume, it could reach $2.00´s easily!! Nice chart!! Long over $1.76


GenMark Diagnostics Inc.
GNMK---> It continues to confirm its good Momentum, this time with a nice trade session with decent volume, crossing and closing above its 50EMA! Closing near at High of the Day, this Gapper Candidate has the next major resistance at $10.33, granting it a nice room to climb!! Looking to technical side, its obvious the strong bullish activity in the stock and, as it has 12.85%, the movement next could be with a Short Squeeze! Nice Long setup to watch


Yandex N. V.
YNDX ---> Yandex is gaining strength, and now, once it crossed and closed above its 20EMA, it is well positioned to make a nice upward movement toward its Trend Line Resistance! Worth watching


Wayfair Inc.
W---> Wayfar made a New 52-Week Higher in a nice trade session with high volume!! The price , which was colliding, broke now too, above this Symmetrical Triangle , and, is about to break above its Upper Bollinger Band Line!! Looking to the technical side, the price looks steady, with its RSI moving up in a very comfortable area, MACD is now curling up, as well its ADX, Buying Pressure and Accumulation are very strong and it Bullish Fast Stochastic Crossover is giving Buy Signal! In short, Wayfar is setting up for higher prices and, what will be interesting to see is how much will endure the 21.30% of Short Players!! It is in Breakout Mode, and it could be made with a massive Short Squeeze! Stay tuned


voxljet AG 
VJET ---> The great performance of the last trade session deserves the continuation of our attention! Shares rose +9.85% with high bullish volume, crossing up its 20EMA!! It is now about to break above its 50EMA, and if do that with volume again, it could make another upside run toward its next major resistance, which is $7.81!! The chart speaks for itself!! Strong Momentum!! Long Idea over $7.32



Disclaimer

Here's a friendly reminder: all charts shared here are powerful tools based on major technical indicators. However, it's crucial to remember that stock suitability depends on your individual strategy. 🛠️ I must emphasize that good stock performance isn't solely determined by technical data. 💡 As always, trade cautiously, and I cannot be held responsible for any trade outcomes. Remember, I'm not a financial advisor.