Saturday, June 30, 2018

Day and Swing trade ideas for next week $SYN $SMMT $CRMD $AQB $IBIO $CELG $ABX $GRPN $MU


Synthetic Biologics, Inc.
SYN --->> It has everything set to break above it's 50 Moving Average and move on! Initial price target $0.298 and $0.37.




Summit Therapeutics PLC
SMMT ---> Possible Bottom Formation!! Extremely oversold, this setup saw buyers coming back which can provide us a nice upside movement into the GAP.  




CorMedix Inc.
CRMD --->>> Crossed and close well above it's 50 Moving Average with decent volume and positive divergences on chart! 20 Moving Average could be an easy target.


AquaBounty Technologies, Inc.
AQB --->>> Very nive Base Breakout happened here on volume, Accumulation and Buying Pressure with price closing at High of the Day! Money is clearly flowing into the stock! This gapper candidate could give us a nice squeeze into it's 200 Moving Average!!




iBio Inc.
IBIO --->>> Insider Buying activated, extremely oversold with positive divergences surging on chart, bottom formation, possible squeeze with eyes on it's 20 Moving Average on the table.


Celgene Corp.
CELG ---> Base Breakout ready to happen! Long idea on the break above it's 50 Moving Average.



Barrick Gold Corp.
ABX ---> Is about to break above it's 50 Moving Average and it's upper Bollinger Band Line with buy signals on chart! The momentum seems solid and we can get a nice trade at least until it's 200 Moving Average. 




Groupon Inc.
GRPN --->>>> Bottom Player!





Micron Technology, Inc.
MU --->>>> Found support on $52 area! If hold up this level, will be a great buy opp! Cheap stock. 

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