Watch List 05/15/2015
All is well in the market as dips in lower range was bought yet again and it is grinding it’s way to the upper range. Should be interesting to see if Bulls can finally break out of the 3 months …
szaman
Watch List 05/13/2015
Range bound action continues in the market. SPY gap fill and 50 MA bounce. Buyers were ready to buy dips yet again. 50 MA needs to hold short term for now .Plenty trading opportunity throughout this range bound market as …
Watch List 05/11/2015
Bounce Thursday and gap up and go day on Friday. As i wrote in the previous post, “SPY still in the lower range and trend line support. This trend line has been working as bounce area for many times”. No …
Watch List 05/06/2015
Sell off day in the Market. SPY still in the lower range and trend line support. This trend line has been working as bounce area for many times. It will be interesting to see if it bounces here yet again …
Trading Momentum Short Squeeze.
ICLD one of those low float name that had a big 75% run on Friday and gapped up again on Monday. After 2 days of huge move, naturally many traders including me had eyes on it for parabolic short. If you took the leap of faith and shorted the morning gap it worked for you. …
Watch List 05/04/2015
We had our oversold bounce in the market along with the biotech names from previous watch list. JUNO, ISIS, CEMP all worked well for quick long day trades and short candidate SINA worked well for quick short. The quality of the bounces in biotech lately is not that impressive yet as we are having big …