Trade Ideas for Thursday, August 13 $NVDQ $ZNGA $EGO $BBRY $APA $GPOR $BRCM
Novadaq Tecnhlogies Inc.
NVDQ ---> It made a strong trade session with high volume crossing up its 20EMA and its 50EMA!! For tomorrow, i expect from this Gapper Candidate more powerful upside movement!! All technical indicators are showing lots of strength and its 13.04% of short players can not resist much more! 200EMA could be the next target!! Stay Tuned
ZNGA ---> Steady action today, closing at High of the Day!! I´ll be watching tomorrow for a break above its 200EMA and above its Upper Bollinger Band Line!! If do that with volume, it can make a strong squeeze toward $3.00´s!! Strong Buy Signal given by its MACD Crossover and by its RSI!! Stay tuned
Eldorado Gold Corp.
EGO ---> No comments!! Just amazing!! Watching for continuation! Gapper Candidate
BBRY ---> It made a very nice and steady upward movement with decent volume today! I´ll be watching now for the confirmation of the break above its 20EMA!! If do that with volume, it will become in a serious Breakout Candidate, which happens over $8.16!! The Momentum is growing and, its RSI, MACD and Fast Stochastic indicators are providing a nice Buy Signal!! Worth Watching
APA ---> I´ll be watching closely tomorrow!! It seems strong, as it made a nice trade session with heavy volume, crossing up its 20EMA!! The room to climb now is nice, toward its 50EMA, and all technical indicators are curling up, suggesting more upside movement!! Long idea over $49.68
Gulfport Energy Corp.
GPOR --->Very identical to APA, in the chart above!! It is setting up for a run up toward its 50EMA for a test! Long idea over $36.56
BRCM ---> It made a nice trade session, crossing up above its 20EMA and 50EMA but with low volume! Also, it close above them! Now, i´ll be watching for a possible breakout above $51.50 and then above its Down Trendline!! If do that with volume, BRCM will stay well positioned to make a strong run up!! Technically, chart is looking strong, with RSI coming back to its Buying Area, its MACD is becoming Bullish Crossover, Money Flow is very healthy and Accumulation is growing again!! Strong Buy Signals that will make us to be around of it!!!
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