Quotes by TradingView

Friday, August 21, 2015

Watchlist for Friday, August 21 $BIOS $FSM $NAVB $ANTM $XOM $GPRO

BioScrip, Inc.
BIOS ---> Following my last Blog Post, it had a nicely day with a strong close and again, with high volume!! The Momentum still growing and i expect to see its 20EMA very soon!! Gapper Candidate for tomorrow!!

Fortuna Silver Mines Inc.
FSM ---> Silver stock following the good Momentum of its Sector!! If the Sector continue moving higher, this stock is well positioned to make a strong upward movement!! For that, it needs to confirm the break above its 50EMA, with high volume preferably!! Great Bullish chart! Long idea over $3.12!!

Navidea Biopharmaceuticals, Inc.
NAVB ---> We have here a great Short Squeeze Candidate! For that, it need to confirm the break above the Upper Line of its Falling Wedge and above its 20EMA!! The chart is surging strong, showing some Buy Signals, such as its RSI and MACD, both curling up, its Parabolic Sar indicator or its ADX, which became Bullish Crossover!! It´s a interesting Momentum that, with 20.29% of Short Float, can give to us a nice run up!! Stay Tuned

 Anthem, Inc.
ANTM ---> Its Lower Line of its Falling Wedge could come to be tested!! Stock made a Breakdown with decent volume, closing also, at Low of the Day!! This Gap Down Candidate is showing strong Sell Signals, suggesting more Downside Movement!! Short Setup to watch

Exxon Mobil Corp.
XOM ---> Made a New 52-Week Low with high volume, crossing down too, the Lower Line of its Channel Down!! The stock has been trading under high Selling Pressure and high Distribution !! I´ll be watching today for a possible test to its major support, $73.57!! As it has closed at Low of Day we can get a Gap Down at the open of the regular trade session! Short setup to watch

GoPro, Inc.
GPRO ---> Days of Thunderstorm!! Trading well bellow of its Lower Line of its Rising Wedge and bellow of its Lower Bollinger Band Line, this stock is now poised for a strong Breakdown, which happens bellow $49.40!! If do that with high volume again, it can fall quickly to its next major support, located at $45.59!! Once again, as it has closed at Low of the Day, we may have here a Gap Down Candidate!! Without any positive divergence on chart, it is a Short Setup!! 


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