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Monday, July 13, 2015

Trade Ideas for Tuesday, July 14 $OHRP $LPTN $ACHN $YNDX $XNPT $NGLS

Ohr Pharmaceutical, Inc.
OHRP ---> Shares of OHRP rose +62.56% with massive Volume, crossing up its 50EMA, its Upper Bollinger Band Line and yet, it entered in its Big Gap! It has a large room to climb,  and looking to all technical indicators, this movement should continue! By the way, Brean Capital analyst Jonathan Aschoff reiterated a Buy rating on the stock with a price target of $34!! Strong Momentum, Big News, everything is set for another Upside Run!! Keep Closely


Lpath Inc.
LPTN ---> Looks a clone of  OHRP!! Same conditions with Massive volume, crossed above its Upper Bollinger Band Line and above its 20EMA, and has too, a huge Gap and a large room to run!! Accumulation and Buying Pressure here are very strong!! Keep closely over $0.35


Achillion Pharmaceuticals Inc.
ACHN ---> Achillion is on the verge of a Big Breakout! It is testing this strong resistance area ( Upper Bollinger Band Line, its 50EMA and its Down Trend-line) !! If it realize this breakout with high volume, as it has 23.29% of short float, it can make a nice squeeze toward its 200EMA!! Technical indicators are showing a tremendous Bullish activity in the stock, so, keep it very closely!!


Yandex N.V.
YNDX ---> It is trying hardly to back to higher prices, and a break above its 20EMA may be what it  needs right now! Some technical indicators are giving nice Buy Signals, such as its RSI, which left its oversold area or its MACD, which became Bullish Crossover!! Worth watching


XenoPort, Inc.
XNPT---> It is going through a good Momentum and i´ll be watching for the confirmation of this Breakout!! If do that with high volume, XenoPort is a strong Candidate for an Upside Run! Chart indicators are displaying strong positive divergences, which means, that buyers are in charge! Long Idea to watch over $7.31


Targa Resources Partners LP
NGLS ---> This Breakout Candidate has everything set to make a nice upward Movement! Shares rose +2.54% with high volume, high Accumulation, high Buying Pressure and a fantastic Money Flow! Watching to its Bullish MACD and ADX crossovers, we can see that price is well supported, and its RSI, which came back to its Buying Area, is giving a nice Buy Signal! So, a break above $41.39, will give to the price, a large room to climb! Could be a nice long idea over this level!!



Disclaimer

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

Regards

FonsieTrader