Tuesday, July 28, 2015

Watchlist for Tuesday, July 28 $SSYS $CBAY $DCTH $NI $TRXC $BBRY

Stratasys, Inc.
SSYS ----> With Earnings on July 30, Stratasys showed in the last trade session high power, with shares rising +4.76% with high volume! This performance, in a very ugly day and before the earnings, leads me to believe that, we could get a strong Short Squeeze if it break above its 50EMA with high volume again! It could make a huge breakout over $39.45! Is need to mention that it has 27.12% of Short Float!! Worth watching

CymaBay Therapeutics Inc.
CBAY ---> Also showed a nice performance yesterday, with shares rising +4.98% with high volume and i think that is fair that we continue to keep it under our eyes! It is forming an interesting base right above its 20EMA and it has, a nice Buy Signals given by its RSI, which is moving up again in its Buying Area, and by its Fast Stochastic indicator, which became Bullish Crossover!! Like also of its MACD Indicator, steady in its climb!! Buyers are nearby and i will be tuned for a possible test to its 50EMA! Could happen any moment!!

Delcath Systems, Inc.
DCTH ---> Worth watching this Bottom Player! It made a strong trade session, with heavy volume, closing the session near at High of the Day!! Trading under oversold conditions, we can see now, some positive divergences on chart, such as its MACD, which is curling up, the same to its RSI, or its AC/DT indicator, which is showing an increase of its Accumulation!! It is setting up for a Strong Bounce! Keep closely

Nisource, Inc.
NI ---> After formed a strong base above its 200EMA, it is showing strong signs to move on!! A break above $17.47 will give to the price, room to make a nice upward movement, and looking for the technical side, with all indicators are curling up, this movement seems to be imminent !! Its Bullish MACD Crossover is giving a nice Buy Signal! Long idea over $17.47

TransEnterix, Inc.
TRXC ---> I´ll be watching closely for the confirmation of this break above its 200EMA! If do that with high volume again, we can get a similar or even better upside movement! Stay Tuned

BBRY ---> Trading under extremely oversold conditions, this stock is completely exhausted and i expect a strong bounce any moment! The upgrade by Morgan Stanley this morning, from Underweight to Equal-weight could be the catalyst that it  needed!! This stock, at this price, is a gift, is easy money here and you really should following it very closely


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