Tuesday, December 19, 2017

Watch-List for Wednesday, December 20 $EBIO $AIRI $INTX $FLGT $MDGS $HMNY $MYO $TRIL


Eleven Biotherapeutics Inc.
EBIO ---> Powerful Breakout on heavy Buying Pressure! Worth watching now for the break above its 50 Moving Average. On volume, we could get a nice run until $1.40´s. On watch.



Air Industries Group, Inc.
AIRI ---> Followed my last blog post, Air Industries had a great performance today, providing to our members a nice trade. Howerver, i kept this setup under my watch! It broke a strong resistance area under heavy Volume and Buying Pressure. Accumulation also, spike higher which leads me to believe that this upside movement is only on begining. I will not be suprised if we see $2.00 in the next trade session.


Intersections Inc.
INTX ---> This bottom player came up in my screen with nice upside movement under strong volume, crossing and closing above its 20 Moving Average. Chart is showing some positive divergences, telling me that buyers are coming back! I´ll be watching for a break above its 50 Moving Average! On volume, it could run easily till $3.00!


Fulgent Genetics, Inc.
FLGT ---> We have here a great picture! Stock broke above its Down Trend Line, above its 20 and 50 Moving Averages and yet, above its Upper Bollinger Band Line! It has now a huge and clean room ahead to run! It is a Low Float Stock in a strong Momentum. Stay tuned, it could move till $5.90 fast.



Medigus Ltd.
MDGS ---> It is a extremely oversold bottom player with technical indicators starting to curling up! We may be on the verge of a strong bounce. Worth watching over $1.40.


Helios & Matheson Information Technology Inc.
HMNY ---> Looks found support on the top of its 200 Moving Average, starting here what seems to be a Bounce! Price showed some relative strenght with technical indicators starting to show positive divergences. Momentum is coming back. Worth watch closely.



Myomo, Inc.
MYO ---> Looks poised for a major move! I´ll try a trade with a Buy at $3.38 and target its 50 Moving Average for a test! If break it, we could get a strong run. Nice chart, showing an increase of its Accumulation.


Trillium Therapeutics Inc.
TRIL ---> Possible Bottom formation on watch.

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