Sunday, July 15, 2018

Some Setups to Watch on Next Week $YNDX $MTCH $CTXS $RSPP $SKX $THO $IRBT $MU $CAPR $TGC $CCIH $RCON


Yandex N.V. 
YNDX ---> After a solid breakout, Yandex saw its price held up nicely last gains!! It is trading under heavy buying pressure and a very healthy money flow meaning that buyers are in control! Accumulation is growing too!! A break over $38.61 could leads us for another squeeze at least to $42. Worth watch.



Match Group, Inc.
MTCH ---> It failed the break above $40.45 providing us a great Buy opportunity! Stop at $37.33.



Citrix Systems, Inc.
CTXS ---> Another nice consolidation after a solid breakout! It is in a tremendous bullish Momentum and i expect a test to its $112 area in the next few days.


RSP Permian, Inc.
RSPP ---> It is about to break up its Base Formation and its second Major Resistance!! It is counting with a very solid chart and my suggestion is a Buy at $48.13 with initial target $51.51!! 



Skechers Usa, Inc.
SKX ---> Clearly under Accumulation and with a very healthy Money Flow, this bottom formation could make a nice upside movement any moment! My suggestion is a Buy at $31.56 to try the break above of its second Major Resistance and target initial $34.34.


Thor Industries, Inc.
THOR ---> Possible Swing Trade on the table!! Go long on the break above the upper line of its Channel Down! 

iRobot Corp.
IRBT ---> Is clearly in Accumulation mode and this base formation should be broken soon! Strongly shorted, could squeeze hard over $83.62

Micron Technology, Inc.
MU ---> This weekly chart is amazing! We should hit new Highs in the next coming weeks! I believe that you will not see $50.00´s any more, so, could be your last chance to get it.

Capricor Therapeutics, Inc.
CAPR ---> This Bottom Player got a huge volume in last two sessions. Technical indicators are all good. Go long over $1.54 to try the break above its 200 Moving Average.


Tengasco, Inc.
TGC ---> MACD is exploding suggesting a huge Accumulation and Buying Pressure! Go long over $1.26 for a possible run! 

China Cache International Holdings Ltd.
 CCIH ---> It is in Breakout Mode under a strong Momentum! Could test $1.67 any moment. Go long at $1.49

Recon Technology Ltd.
RCON ---> Great break on volume in last trade session. Technical indicators are all good, suggesting continuation. Go long at $1.63 to try a break above $1.90

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