Trading Watch List 06.07.2017

Small down day in the market but a late day sharp reversal in big cap leader tech names like TSLA, AMZN was little uncharacteristic from recent market action. Something to keep in mind as some of those name are really extended and could use some rest.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SPY 8 EMA has been acting as support so if there is any pull back , 1st support should be on 8 EMA followed by 242 breakout zone.Decent action from watch list names again.LITE, SHOP, AAOI along with tech. names like NVDA, TSLA  gave decent trading opportunities.

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DDD Over 20 MA could be in play.
CLVS Range breakout watch.
ERX Energy sector ETD. Watching to see if a follow through.
IONS Range breakout watch.
JD Flag breakout watch over 40.55.
JNUG Gold miner ETF . Big spot here. Keeping an eye.
SHOP Flag breakout idea working well. 100 is a big number to break now.

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