Wednesday, July 22, 2015

Watchlist for Wednesday, July 22 $IDRA $ESI $GPRO $MOD $CHRW $SALT $SHAK

Idera Pharmaceuticals, Inc.
ARIA ---> It is in breakout mode with high volume!! I´ll be watching for a break above $3.91 level!! With 27.03% of Short Float, it could give to us a huge Short Squeeze!! Stay Tuned

ITT Educational Services Inc.
ESI ---> Levels to keep closely today are $4.78 and then $5.15!! A break above this area, will open the door for a Massive Short Squeeze, as it counts with 49.67% of short float! The Momentum is strong here!! Keep very closely

GoPro, Inc.
GPRO ---> The great numbers on Earning last night could make it move higher today and i´ll be watching for the break above its next major resistance level, $64.53!! With 12.89% of short float, the squeeze can be hard! Stay tuned

Modine Manufacturing Co.
MOD ---> Following my last Blog Post, it has now, a large room to climb once it crossed and closed on the top of its 20EMA with high volume again!! Long Idea over $10.51

C.H. Robison Worldwide, Inc.
CHRW ---> I´ll be watching today for a possible break above its 200EMA!! The GAP could be Filled and it can make also, a nice squeeze! Chart indicators are displaying strong positive divergences, showing a high Momentum, suggesting so, more upside movement!! Long Idea over  $66.52

Scorpio Bulkers Inc.
SALT ---> It is about to entry in the GAP and a break above its 50EMA can encourage it to Fill this Gap quickly!! The Momentum looks strong, with shares trading under high Volume, high Accumulation and high Buying Pressure!! Watch over $1.90, could be a nice Upside Runner

Shake Shack Inc.
SHAK ---> This stock is trading under High Volume and with growing Accumulation and so, a break above its 50EMA on volume will open the door for a possible strong squeeze! All technical indicators are curling up, showing a nice Bullish activity in the stock! Could be a nice Long Idea over $64.81

Disclaimer

Here's a friendly reminder: all charts shared here are powerful tools based on major technical indicators. However, it's crucial to remember that stock suitability depends on your individual strategy. 🛠️ I must emphasize that good stock performance isn't solely determined by technical data. 💡 As always, trade cautiously, and I cannot be held responsible for any trade outcomes. Remember, I'm not a financial advisor.