Watchlist for Wednesday, July 08 $NOG $CHK $WYNN $BITA $SO
Northern Oil and Gas, Inc.
NOG ---> It is a Bounce Player Candidate!! Shares of NOG rose +7.83% with high volume demonstrate strength and will to move higher! Technical indicators are curling up now and stepping out of its oversold areas! Its 20EMA could be the next big test and as it has 32.19% of Short Float, it could do that quickly!! I´ll be watching for that tomorrow!!
Chesapeake Energy Corp.
CHK ---> Another Short Squeeze Candidate if it confirms the break above its 20EMA with high volume again! Today, the shorts shake, tomorrow they are well positioned to starting to run! The strong positive divergences on chart are telling us that buyers are coming back! So, keep closely over $11.74
Wynn Resorts Ltd.
WYNN ---> It made a strong trade session, a strong Breakout, and has now, a large room to climb!! Shares rose +7.19% with high bullish volume, crossing up its 50EMA and its Upper Bollinger Band Line! It is poised now, to make a nice upward movement! Is time to Fill this Gap!! Long setup to watch
Bitauto Holdings Ltd.
BITA ---> Made a fantastic recovery from Low of the Day! Tomorrow, it should continue this upward movement! I´m long in this one
SO ---> Now, once it crossed above its Upper Bollinger Band Line and above its 200EMA, it is ready to make easily the breakout ahead! If do that with high volume again, it will find a large room to climb! Great Bullish chart, showing the high Momentum in the stock! 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