szaman Sell off continues in the Market as pretty much every bounce attempts get faded so far. For watch list i picked some stocks that are in that ‘do or die” spot. This names could be played either was, long or short depending on the Market direction. Check our trades for last week here. If you are …
Bounce continues in market after SPY 50 SMA test.We are still stuck on a range on S&P-500,small cap IWM and technology QQQ now have 50 SMA as overhead resistance. Great bounce action from names posted on the last watch list. Beaten up names like SPLK, WDAY ,WUBA, TRIP, QIHU had couple of great days. Hopefully …
Sell off continues in the Market, however some of the recent beaten up momentum technology stocks tried to make a stand today and holding some key levels. It should be an interesting day tomorrow to see if the can hold of today’s low and tries for a well deserved dead cat bounce. Another great day …
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 …
Bounce continues in the Market as Bulls finally managed to break out some ranges. Some nice runners from watch lists such as ARWR,HPJ,PCYC,TRIP,FB among others. The alerts in the bulls room totaled $4096. If you are having difficulties navigating this Market or want to learn trading , feel free to join us in Bulls chat …
SPY holding up and bouncing on the strength of non momentum , old time stocks, technology QQQ yet to have a meaningful bounce , biotech $IBB back to 100 SMA and small cap IWM stuck in between 20 and 50 DMA. Tricky Market condition here so I would trade carefully with smaller size and on …