Sunday, December 20, 2015

Watchlist for Monday, December 21 $BITA $VRNG $HIMX $BBRY $GPRO $ZNGA $INO

Bitauto Holdings Ltd. 
BITA ---> It is setting up for a Big Run!! In a very Red Day, BITA rose +7.35% on volume, crossing and closing above its 50EMA!! Now, this gapper candidate for Monday, is ready to break above its Upper Bollinger Band Line, gaining then, a large and clean room is large to move higher!! Great bullish chart, showing a very sustained price and an increase of Accumulation!! Worth watching

Vringo Inc.
VRNG ---> This Bottom Player is strong day by day and the explosion could happen on the break above its 20EMA! The volume in the last days was strong and bullish, and we have now, a Bullish MACD and ADX crossovers, showing a very well sustained price, and an increase of Accumulation!! Buyers are in charge!! Keep closely over $2.77

P.S. ----> VRNG vs ZTE case over & 21.5M in the bank. Keep in mind the original 8-K, Click HereCould pop hard Monday. They have now 35M in cash

Himax Technologies Inc.
HIMX ---> It is on the verge of a New 52-Week Higher, which happens over $9.16!! Breakout and Upside Runner Candidate to watch on Monday!! Strong chart

BBRY ---> The earnings are out, the numbers are strong, and the turnround is on fire!! This stock will be one of the most profitable stock for 2016!! $11.09 should be tested very soon!! Is time to buy with both hands!! 

GoPro, Inc.
GPRO ---> In Breakout mode, this stock had a nice day, with shares rising +8.64% with decent volume, crossing and closing above its 20EMA! Now, i´ll be watching for a break of Friday´s high!! On volume, GPRO could make another strong Upside Run, with eyes in its 50EMA!! On radar!

Zynga Inc.
ZNGA ---> Another stock that had a great day in a Red Day! Shares rose +1.54 with high bullish volume, crossing and closing above its 200EMA!! Also, it closed at High of the Day, which means, that we have here a Gapper Candidate for Monday!! Chart Indicators are showing Buy Signals given by its RSI and by its MACD, which became Bullish Crossover, and an increase of its Accumulation, given by AC/DT indicator!! Something is happening inside of Zynga and i´ll be watching for a break above the Channel Up!! On volume, it could see $3.00 easily! On watch 

Inovio Biomedical Corp.
INO ---> Inovio made a nice trade session under massive volume, Accumulation and a very bullish Money Flow!! Shares rose +3.78%, crossing and closing above above its 20EMA and above its 50EMA! Also it closed at High of the Day, becoming in a Gapper Candidate!! INO is receiving Buy Signal by its RSI, which came back to its Buying Area and by its Parabolic Sar indicator! We can see to, that price is well supported, signal given by its Bullish ADX Crossover!! The price is clearly under strong Bullish activity and as it has 21% of Short Float, we could get here a strong Squeeze toward its 200EMA!! 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