Good day for the Bulls as SPY was able to catch a follow through up move after usual top of trend line  fade  on Wednesday.

sPY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SPY broke out of the down trend line but stopped  right on resistance. If Bulls can take out this resistance , not much in the way until 209. Biotech dip buyers showed up on cue as we discussed about buying bio tech dips on last post. Some great trading opportunities in recently posted watch list names like SM, BCEI , KITE JUNO, CEMP, ISIS. As for game plan tomorrow, i will be looking for some continuation move on bio stocks. Also keep an eye on energy names. Decent range on them lately to both long or short intraday.If you are struggling with your trading or learn how to trade you need to join our 60 day Bootcamp course. Our program is designed in such a way that you come out of it ready to trade live in just 3 months. We teach you everything from risk management to scanning to trading strategies. I also share my profitable intraday trading strategy which will make you money short term regardless of Market condition. The class is one of a kind, see why you should sign up for the course here . You will also have access to a private community where you can ask questions, share charts and talk with the instructors or other traders. You can also check out the testimonials from our students.
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AGIO Bio. name, bounced support. Looking for continuation over 113.88.
AGIO Bio. name, bounced support. Looking for continuation over 113.88.
ARRY Breakout  watch. Needs volume.
ARRY Breakout watch. Needs volume.
HALO Still on watch for long flag break out play.
HALO Still on watch for long flag break out play.
INFN Looking for a continuation move over 17.22.
INFN Looking for a continuation move over 17.22.
JUNO We caught the 1st day bounce today in chat. Now looking for a continuation.
JUNO We caught the 1st day bounce today in chat. Now looking for a continuation.
KITE Was on watch list for 50 MA bounce. Now need to break out  the trend line. Watching over 64.
KITE Was on watch list for 50 MA bounce. Now need to break out the trend line. Watching over 64.
NDRM Trend line break out watch with volume.
NDRM Trend line break out watch with volume.
LC Working on base here. Range break out watch over 20.70.
LC Working on base here. Range break out watch over 20.70.
FEYE Trying to break out of a long base. Could be tricky to day trade but keeping an eye on a good setup.
FEYE Trying to break out of a long base. Could be tricky to day trade but keeping an eye on a good setup.
EMES Still watching for trend line break with volume if oil holds up.
EMES Still watching for trend line break with volume if oil holds up.

 

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