Thursday, July 23, 2015

Watchlist for Thursday, July 23 $MX $AMPE $ESI $BABA $HPQ $BDBD $RMBS

MagnaChip Semiconductor Corp.
MX ---> MagnaChip is forming a solid base between its 20EMA and its 50EMA! It is trading under high Accumulation and joined to it in last trade session, a strong bullish volume, which leads to believe that, a break above it 200EMA will push it to higher prices!! Accumulation here is very strong as well its Money Flow!! It can even make a nice squeeze!! Long idea over $8.88

Ampio Pharmaceuticals, Inc. 
AMPE ---> This Gapper Candidate is on the verge of a Big Short Squeeze! Shares rose in the last trade session 10.29% with high Volume, crossing up its Upper Bollinger Band Line and its 50EMA, closing the session at High of the Day!! A break above $3.04 with volume can make its 19.03% of Short Players covering hard and the price could move fast to inside of its Big Gap! I´ll be watching very closely for this situation! The Momentum is strong here!!

ITT Educational Services Inc.
ESI ---> Get ready, Folks!! Now, that it broke above this intense resistance area, located between $4.69 and $4.99, the next and very important key level is $5.15!! If it break up with volume this area, with 49.67% of short float, it can reach its 200EMA very fast!! Epic Short Squeeze is imminent, and you will want to be very close!!

Alibaba Group Holding Ltd.
BABA ---> It made a nice trade session with nice positive divergences on chart!! I´ll be watching today for the confirmation of the break above its 50EMA!! It will gain a large room to climb if do that!! Stay tuned

Hewlett-Packard Co.
HPQ ---> The price reach its Bottom and now, after building a solid base, it looks ready to move on!! Shares of Hewlett-Packard has been trading under high bullish Volume and Accumulation, and now, if it break above its 20EMA, it will stay well positioned to make a nice squeeze toward its 50EMA!! That's what I'll be tuned today!!

Boulder Brands Inc.
BDBD ---> This stock could give to us a nice Short Squeeze!! It has 19.56% of short float and it is in Breakout Mode! Also, it has been building a solid base bellow its 20EMA! Yesterday, it gave signs to wanting to move upwards when it crossed and closed above its 20EMA with decent volume! Keep closely on the break above $7.23

Rambus, Inc.
RMBS ---> The Earnings has gone, and now, it seems ready for a strong Bounce!! It made a nice trade session with high volume, crossing up its 200EMA! In addition, its MACD, which is curling up, and its RSI, which is leaving its oversold area, are giving a strong Buy Signal! What i´m enjoying too, is, even after the fall of the last weeks, its Accumulation has remained very strong!! Buyers are holding their positions, proof of confidence in stock!! I´ll be watching today for a test to its 20EMA


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