Wednesday, February 28, 2018

Watch-List for Wednesday, February 28 $RMGN $AKER $BPMX $CHKE $TRXC $UAL $TXN $X

RMG Networks Holdings Corp.
RMGN --- Finally broke out from it's Bottom on volume and buying pressure, crossing and closing above it's 20 and 50 Moving Averages and near of high of the day! This upside move could be on the beginning!!

Akers Biosciences Inc.
Aker ---->>> Could double easily on the break above it's 200 Moving Average! Stay tuned.

BioPharmX Corp.
BPMX --->>  It made a powerful breakout on volume, buying pressure and accumulation! Trading now well above it's Upper Bollinger Band Line, a test to it's 200 Moving Average should happen easily!

Cherokee, Inc.
CHKE ---->> This setup is a Low Float stock! A break above it's 50 Moving Average could boost it for a massive upside movement. Worth watching.

TransEnterix, Inc.
TRXC --->>> Is breaking up to the upside on volume and buying pressure. Could rocket anytime.

United Continental Holdings Inc.
UAL --->>> Dropped about 2% on low volume, stopping on top of it's 200 Moving Average which, if strong, could be a great point for an entry for a swing trade.


Texas Instruments, Inc.
TNX --->>> Steady when the market dropped well! Is a very nice setup also for a swing trade.

USX-US Steel Group, Inc.
X --->>> Another one that made a steady session in a red day! Basing here, it is setting up for the next jump. Keep closely!!


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