Carnage continues in technology momentum names after few days of dead cat bounce. Former darling stocks like FEYE,DATA ,SPLK,NOW, WDAY are being taken into the woodshed. However , sell off on those are getting a bit stretched and i will be looking for another dead cat bounce soon. If you are new in trading, be careful catching bottom in stocks. This is a dangerous game and you need education and experience to pull it off. Another great day in chat room with $2274 gains for the day, mostly shorting technology momentum names.If you are having difficulties navigating this Market or want to learn trading , feel free to join us in Bulls chat room with a super team of traders.
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