Thursday, July 30, 2015

Watchlist for Thursday, July 30 $STLD $ETSY $ZNGA $CENX $SPNC $FSLR $NUE

Steel Dynamics, Inc.
STLD ---> It made a nice trade session, crossing up all EMAs, making too, a nice Breakout! Now, and looking to all technical indicators, we can see a strong bullish activity in the stock suggesting more upside!! I´ll be watching for continuation!! Nice chart

Etsy Inc.
ETSY ---> This stock, which is forming a solid base above its 50EMA, shows yesterday some relative strength once that the price has reached around 4% during the day! Something is cooking here and i´ll be watching closing!! Can be a nice Potential Upside Runner

ZNGA ---> Looks like that has reached the Bottom here, and as it rose +1.21% from Low of the Day with decent volume, and technical indicators are starting to curling up, especially its RSI, which is leaving its oversold area, and its Fast Stochastic indicator, which became Bullish Crossover, the stock is poised for a strong Bounce!! Momentum is coming!! Stay tuned

Century Aluminum Co.
CENX ---> Following my last Blog Post, it is now ready to make the breakout over $10.16, and consequent squeeze into its 50EMA!! We could get a massive Short Squeeze if it break above it with volume again! Worth watching 

Spectranetics Corp.
SPNC ---> This Bottom Player gave yesterday a strong signal for a possible Bounce as its shares rose +9.84% with high volume! Now, with technical indicators starting to curling up, with insider activity, click Here , and the upgrade of this morning ( Northland Securities Upgrade The Spectranetics to Outperform ), SPNC is ready to continue its climb and i´ll be watching for an entry in its big GAP!! Keep closely

First Solar Inc.
FSLR ---> Breakout watch over $47.01 and possible test to its 50EMA! The last trade session was made under high Volume and high Buying Pressure! Also, all technical indicators are showing lots of strength, which leads me to believe that FSLR is ready a nice upward movement! Long Idea over $45.96

Nucor Corp.
NUE ---> Now that it crossed above its Upper Bollinger Band Line and above its 50EMA with high bullish volume, Nucor is ready to make a decent run toward its 200EMA! All technical indicators are strong, with a nice Bullish MACD and ADX Crossovers, both giving a great Buy Signal, and a powerful RSI, which came back to its Buying Area! Nucor is going through a good Momentum and, as it closed the last trade session near at High of the Day, we can open today with a nice Gap Up!! Worth Watching


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