Saturday, October 10, 2015

Trade Ideas for Monday, October 12 $YRCW $AAL $OVAS $YELP $ARNA $BBRY $ABT

YRC Worldwide Inc.
YRCW ---> After the great trade session made on Friday, this stock has now an important level to break, located between $16.67 and $17.13!! If it is successful, it will gain a large and clean room to climb!! Chart looks good, well supported, showing lots of Buy Signals!! Bulls are in command!!  Nice long setup to watch

American Airlines Group Inc.
AAL ---> It made a strong trade session on volume, crossing up its 20EMA and its 50EMA! Now, it looks poised to break above its Box and is counting with lots of positive divergences on chart such as its RSI, which came back to its Buying Area, its Parabolic Sar, which is giving Buy Signal, as well its Bullish MACD  Crossover, or its Bullish ADX Crossover, which is showing that price is well supported!! The Momentum is strong!! Worth watching for a break above $44.59! On volume, it could make a powerfull upside movement!!

OvaScience Inc.
OVAS ---> This Bounce Player is working very well and is about to Fill the Gap!! I´ll be watching for a possible break above its 20EMA on Monday!! If do that, shorts should start to covering their positions and so, we could get a nice Squeeze toward its 50EMA!! 40.43% is Short Players!! Stay Closely

Yelp Inc.
YELP ---> Keep closely on the break above its 50EMA!! On volume, it could make a strong Run Up,  Filling the Gap quickly!! Nice Chart!!

Arena Pharmaceuticals
ARNA ----> Large and clean room to climb above its 20EMA!! On volume, it could make a strong Run Up!! Keep closely

BBRY ---> Watching for continuation of this great performance!! It made a nice trade session with decent volume, consoliding very well its 50EMA!! Now, we should attempt to this levels, $7.73 and $7.82!! If it break above both with high volume, it could make a powerfull run up toward its 200EMA!! Chart is strong, shorts are covering strongly and North is the way right now!! As it closed near of High of the Day, it could open the next trade session with a Gap Up! Long Setup on the table!!

Abbot Laboratories
ABT ---> It made a nice breakout with high volume, crossing up too, its 20EMA!! This Bounce Player is showing on chart some great Buy Signals and a High Accumulation! Buyers are back and the next price target could be $44.07, its 50EMA!! Worth watching


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