Tuesday, April 17, 2018

Watch-list for Tuesday, April 17 $MTCH $HMNY $YNDX $EBIO $CDTI $GRPN $IFON

Match Group, Inc.
MTCH --->>> We may have here a Time Bomb!!! This setup, which is about to make a new  52 Week higher, is trading under heavy accumulation! Also, it has an impressive 50% of short float and about 40M of float shares! With MACD Bullish Crossover and RSI heading higher in buy area, both triggering strong Buy Signal, a break above $48,00 area, could boost the price for a huge squeeze.

Helios & Matheson Information Technology Inc.
HMNY --->>> It made a beauty 30% upside movement under heavy volume and buying pressure, making also a powerful Breakout going to close near of high of the day! The momentum is strong and continuation is the most likely! Clean room till $5,50!!! Stay tuned.

Yandex N.V.
YNDX--->>> Possible Bounce on the table as buyers surged strongly in last trade session! Could give us a nice trade if break above it's 200 Moving Average!

Eleven Biotherapeutics Inc.
EBIO --->> Is breaking out for a new leg up! Chart is very bullish, Accumulation is huge and so, a break above $1,65 should lead us for a squeeze toward $2,00!!! 

CDTI Advanced Materials, Inc.
CDTI --->>>> It is basing well on support level's and in last trade session it got high buying pressure! In addition, MACD is becoming Bullish Crossover which leads me to believe that we could be on the verge of bounce! Stay closely!

Groupon Inc.
GRPN ---->> It is about to break above it's 200 Moving Average and it's first resistance area as chart is showing! If do that, it will becomig an attractive long setup!! Nice looking chart.

InfoSonics Corp.
IFON --->>> Stay tuned to this Bottom Bounce! The momentum is getting stronger and a break above $5,10 could make it run higher and fast as it is a very low float stock! Worth watch!!


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