Thursday, August 27, 2015

Trade Ideas for Friday, August 28 $BTU $BBRY $ONVO $OHRP $KITE $SQM

Peabody Energy Corp.
BTU ---> Made a strong Breakout with massive volume, closing near at High of the Day! Now, this Gapper Candidate has a resistance level at $2.55! If break above it with volume again, it will be able for another upside run!! Chart is showing a strong Momentum!! Worth watching!!

BBRY ---> Finally we had a decent trade session, with shares rising +5.89% on volume and, with strong positive divergences on chart!! As it closed near at High of the Day, we have here a Gapper Candidate!! Also, i´ll be watching for a break above its 20EMA!!! If do that on volume, shorts should starting to cover their positions, giving us a Short Squeeze and so, the 50EMA could be reached easily!! Keep Closely

Organovo Holdings, Inc. 
ONVO ---> This stock looks poised for a Short Squeeze, after it has made a strong trade session with high volume, closing near at High of the Day!! Now, if it break above its 20EMA on volume again, shorts could not resist to the pressure and could starting to cover their positions!! Stock is gaining Momentum with a nice Buy Signal given by its Bullish MACD Crossover!! Long idea over $2.69

Ohr Pharmaceutical, Inc.
OHRP ---> Keep closely on the break above its 50EMA!! With volume, it will stay well positioned tom make a huge Breakout!! It is receiving strong Buy Signals by its technicals indicators, such as its Bullish MACD and ADX Crossovers, by its Fast Stochastic indicator or by its RSI, which came back to its Buying Area!! Also, Aschoff reiterated a Buy rating on OHRP with a price target of $34! Its a Huge Price Target!! Worth watching

Kite Pharma, Inc.
KITE ---> I´ll be watching for a break above its 200EMA tomorrow! The stock made a nice trade session, with decent volume, showing some relative strength!! Also, all technicals indicators are curling up, showing an increase of its Momentum!! A break above its 200EMA with volume, will open the door for a nice squeeze! 20EMA could be the next target!!

Sociedad Quimica Y Minera
SQM ---> It is trading above its 20EMA, its 50EMA and above its Upper Bollinger Band Line!! The Buy Signals on chart are evident as well its Buying Pressure!! The stock has now a large room to move higher and has the potential enough to do that! Great bullish chart!! Long idea over $15.55


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