Thursday, October 5, 2017

Watch-List for Friday, October 06 $CALI $PSDV $VERU $INFI $EARS $LUV

China Auto Logistics Inc.
CALI ---> I alerted this setup here, on my blog on last Weekend, and today, it made the ring bell! Shares of CALI rose 15.88% on high volume, crossing and closing above its 200 Moving Average and above its two major resistances! However, the price close near of High of the Day, showing high Momentum. Under heavy Buying Pressure, this stock is well positioned make another strong upside movement with eyes on $3.66! Worth watch.


Psivida Ltd.
PSDV ---> It is in Breakout mode with strong bullish volume!! I´ll continue to followed it very closely! A break above $1.30 could boost for a fast move to $1.40 and break of it will open the door for a strong Short Squeeze. Stay tuned.

Veru Inc.
VERU ---> Nice recovery from Low of the Day, going to close on top of its 20 Moving Average, where it seems to have found a support! Upside Movement seems the most likely!!

Infinity Pharmaceuticals, Inc.
INFI ---> Strong Breakout with high Volume and Accumulation! It is now a perfect Upside Runner! 200 Moving Average could be tested very soon...


Auris Medical Holding AG
EARS ---> Alerted this setup last week on social networks and since then the price rose more than 13% staying now on the verge of a big Breakout! If all goes as i expect, next level to test should be $1.10. On watch.

Southwest Airlines Co.
LUV ---> Stock found support at $57.80 area holding well the strong rise of Tuesday! Watching for the next leg! North is the way.

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