Quotes by TradingView

Saturday, September 12, 2015

Trade Ideas for Monday, September 14 $IDRA $EYES $ARNA $SODA $LILAK $CRBP $AQXP $PRSN $KITE $JUNO

Idera Pharmaceuticals, Inc.
IDRA ---> Trading under high volume and high Buying Pressure, this stock could be facing to a monster Short Squeeze!! It made a strong breakout, crossing up its 50EMA and its Upper Bollinger Band Line and is testing now, its 200EMA!! Also, it counts with powerful positive divergences on chart, such as its RSI, which is moving up strongly in a very comfortable area, its Bullish MACD Crossover is moving up now in a positive area, or its AC/DT indicator, that is showing that Accumulation is rising again!! The Momentum is strong, Bulls are in command and if it confirm the break above its 200EMA with high volume, the 28.50% of Short Players will enter in panic!! Worth watching


Second Sight Medical Products, Inc.
EYES ----> It is on the verge of a Big Breakout!! The stock reached the Bottom, formed a solid base, and now, is showing some relative strength!! The strong positive divergences on chart could meaning that buyers are back!! I´ll be watching closely for the break above its 20EMA!! On volume, it can make a strong run up toward its 50EMA!! Looks ready to move on, this setup!! Stay Tuned!!


Arena Pharmaceuticals
ARNA ---> We have here a Bottom Bounce ready to explode!! The stock reached the bottom, formed a solid base, and the strong breakout of the last trade session with decent volume leads me to believe that, a break above its 20EMA with high volume will boost it for a strong squeeze toward its 50EMA!! It will gain a large and clean room to moving up!! For the technical side, we are getting strong Buy Signals by its RSI and by its Bullish MACD and Fast Stochastic Crossovers!! All other indicators are starting to curling up!! The Momentum is starting to appear!!
P.S. ---> The stock had a powerful After-Hours yesterday, confirming my thoughts for now!! Stay very closely on this one


SodaStream International Ltd.
SODA ---> Interesting Chart!! It made a strong trade session and a strong Breakout with heavy volume!! All indicators are curling up, showing a strong increase of its Momentum!! I´ll be watching closely on Monday for a possible test to its 50EMA!! We may have here the begining of a strong Bounce!!


Liberty LiLAC Group, Inc.
LILAK ---> Still long on this one!! Following my last Blog Post, this setup made yesterday another great trade session with high volume again, and now, i´ll be watching on Monday for a possible break above its Upper Bollinger Band Line and above its next major resistance, which is $41.18!! The Momentum is growing day by day and the break of this resistance, if made with high volume again, could give us a great upside run!! Keep closely


Corbus Pharmaceuticals Holdings
CRBP ---> It is setting up for a possible resistance breakout!! It could reach its 50EMA very fast if break above $2.02 with high volume again!! Chart is displaying strong positive divergences, proving that buyers are in charge!! It is a Potential Upside Runner to watch on Monday!!!


Aquinox Pharmaceuticals Inc.
AQXP ----> With the fresh news released in After-Hours ( Baker Bros Advisors Buys 2,480,032 shares, click here ) ,and as it has 38% of Short Float, we should see a massive short covering on Monday!! This stock could double easily!! SkyRocket Candidate to watch!!


Perseon Corp.
PRSN ---> It crossed and closed above its 20EMA with the second day in a row of heavy bullish volume!! The strong positive divergences on chart are showing a strong increase of its Accumulation, meaning that buyers are in charge aggressively, and this stock is now, on the verge of a Big Breakout!! This Big Gap could be filled and its 50EMA could be reached quickly!! Stay tuned


Kite Pharma, Inc.
KITE ---> Following my last Blog Post and now, that it broke above its Upper Bollinger Band Line, this is stock has a clean room to run up!! The Momentum is growing strongly as we can see in chart indicators and, as it closed near at High of the Day, it is also, a Gapper Candidate! KITE is a nice Upside Runner Candidate that you should have in your watchlist!!

Juno Therapeutics, Inc.
JUNO ---> Also following my last Blog Post, this stock made a nice trade session, which approached of my initial target, its 50EMA!! For Monday, i´ll be watching for a possible break above it!! If do that with high volume, it will gain a large room and so, it will be able to make a strong run up!! The chart is great,with all indicators showing strong positive divergences!! It is a Potential Upside Runner over $42.99

Disclaimer

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

Regards

FonsieTrader