Awesome start to the month in the bulls room. Afternoon trading was a bit slow today but we had a killer morning with a total of $1165 in gains today. What I see with the market is that the SPY continues to get rejected by the 50dma. Everytime we tap that moving average we fail for the past 2 months. Once the market dips below the 50dma trading is much more volatile and thas what we have been seeing. Thats the market to watch for now. Here is a look at the trades plus a few stocks I am watching for tomorrow:
Bulls bootcamp starts up sunday. here is what is offered. https://bullsonwallstreet.com/bulls-december-bootcamp-2/ Check it out and email me mb.willoughby@gmail.com if your interested in the bootcamp and trading with us. This is definitely something you don’t want to miss if you are looking to become a consistently profitable trader. We also offer an options course.
ALJ- breakout watch. flagging right under breakout spot
CUR- r/g move.. momo play
CHTP- breakout watch over 2
VVUS- flattening out.. watching for a break of this base
ZLC- bear flag
MNI- stock is flagging
XNPT- flattening/coming out of range
NIHD- coming off a bottom. bottom bouncer
ABMD- breakdown watch. alot of sell volume
ZAZA- breakout watch
