Bulls on Wall Street: Stop Guessing. Start Trading.

Positive day for the market. SPY flip flopping around 50 MA and looks to be printing a bearish rounded top pattern. So far direction less range bound action.

Nasdaq caught a support hold rally. 20/50 MA overhead resistance now.

Rally in technology gave us some decent trades Friday with NVDA, AAOI and TSLA. Hit and run quick long and short trading still working well while market in range.

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CLVS Breaking out of the coil. Continuation watch.

VEEV 50 MA strong support. Watching for trend line breakout.

DATA Could get a pop over 52.56.

DVAX Flagging again. Keeping an eye.

LABU Biotech ETF working on tight little flag. Watching for a breakout.

NVDA Approaching 20 MA resistance zone at 150’s . Keeping an eye for a fade.

PETS Looks ready to run again.

OSUR Breakout watch over 17.95.

SHOP Could get a pop over 50 MA 89.24. Could also be a short on 50 MA rejection depending on general market condition.

TSLA Many eyes on that support. Needs to stay above 310 for a bounce trade else might be short again.

About szaman

Sayed is a veteran of the stock market, receiving acclaim for his hot stock watchlists. He trades in the Bulls room and blogs for the site, sharing his watchlist and market analysis daily.

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