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SPY consolidation mode over 20/50 MA support.

Tuesday basically was one of those typical 1 day sell off as dip buyers stepped up yet again on major support. Dip buyers continues to get rewarded and as long dip strategy continues to work, same pattern will keep on working. SPY support 50 now at 50 MA,all good as long above that support.

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BZUN Technically a bear flag below 20/50 MA resistance. Watching for a short.

FB Range breakout watch over 172.50.

GRAB On watch for a secondary breakout.

NVDA Holding 20 MA so far. Needs to hold and watching over 166.50 for a bounce.

WUBA Coiling up. Watching for a direction either way.

YY Range breakout watch.

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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