Watch-List for Wednesday, October 11 $CHKE $MLP $AMMA $ZSAN $DMPI $PTIE
CHKE ---> Is my big bet for this week!! Alerted in last Weekend here in my blog and since then, Cherokee is having an excellent performance, with shares rising more than 20%!! The Momentum is getting stronger and i believe that a break above its 20 Moving Average could open the door for an explosion. $3.83 could be the next target. Great picture!! Long and strong!!
Maui Land & Pineapple Co., Inc.
MLP ---> Another setup coming from Blog, yesterday, and it made a very nice session! I opened a long position after it breaking up above $15.65! With 6.64M of shares float and about 10% of Short Float, Maui Land has a great probability to run higher! $18.70 is my initial target!!
Alliance MMA, Inc.
AMMA---> After the big drop occurred since the beginning of October, AMMA seems to have found support on its 20 Moving Average! Shares rose more than 13% with high volume and technical indicators are now curling up! Buyers are coming back and a break above its 200 Moving Average could boost it for another big run! Worth watching closely.
Zosano Pharma Corp.
ZSAN ---> Is trying to Breakout!! If it break above $1.02 again, with similar volume, Zosano will certainly explode higher and its 200 Moving Average could be the next stop! Memorize that it has more than 13% of short float! Could be a madness! Stay tuned.
Del Mar Pharmaceutical Inc.
DMPI ---> It made a nice breakout today, crossing and closing above its 20 Moving Average! However, the volume today was 5 times above the usual which leads me to believe that something is coming! Trading at Bottom levels, with buyers in charge and with 19M of shares float, DMPI is a perfect Upside Runner Candidate.
PTIE ---> Wonderful breakout today, with shares rising more than 14% on strong volume, going to close near of high of the day! This Gapper Candidate for tomorrow is under high buying pressure and the next major resistance lies at $5.75 area. I´m seeing much Pain for short players
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