Fears surrounding Syria still loom, but the bulls appear to be taking over the market for now. We have reclaimed the 50dma and as I said last week, the bulls have now made a firm stand. A few days of consolidation would be a healthy sign for higher times ahead. We have had one of the best starts to a month that I remember in the bulls room. After killing it last week, we started off this week with a bang and locked in $2549 in gains today alone.
LAST CALL: If you are struggling with your trading the you need to join our upcoming bootcamp course starting tomorrow night! Learn how to be profitable in any market and to grow a small account! We teach you everything from risk management to scanning to trading strategies. The class is one of a kind. See why you should sign up for the course here and email me mb.willoughby@gmail.com if interested in signing up!
_____________________________________________________________________________________________________________________
Check out this trade we did today on ARWR. A perfect example of a recent blog post that I wrote expalining how to enter a stock that blows through your entry point early on in the market open
______________________________________________________________________________________________________________________
Tomorrow’s Watchlist:
SREV- breakout watch
ECOM- nice bounce today. watching for re-test of highs
IMMU- flagging, breakout watch
EGAN- bull flag
ADEP- parabolic short
SSH- flagging on support
HLF- breakout watch
IO- breakout through 5.00