Another consolidation day in the market. The range is very small lately which makes trading a bit boring. Our savior will be earnings season which has begun. This should provide us with plenty of trades coming up soon. Here are a few charts that I am watching this week on both the long and short side.
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$orex- bullish look to this chart. breakout watch
CPWR- nice big flag forming here. nice look to this chart. coiling for a move
GLUU- seems to be putting in a bottom. starting to round up. a break over the 50dma and hold could start a run
ACTV- possible gap fill
EGOV- coiling here. love the look. breakout watch
SHLD- 45 seems to be big spot. nice volume today
CREE- if market show weakness this could be a short.. bear flaggign under the 50dma
BONT- love this chart.. seems to be resting for higher. great swingtrade form here
NTE- short setup
