Evening folks! Some weakness in the markets today off the news from Cyprus. We had our first legit gap down in a longtime but as is custom in bull markets usually those gap downs end up getting bought till that one day it doesnt! well today it did. Lot of stocks bounced hard off support. We had some great trades in $amri $nq as they touched key levels on the gap down then ripped to the upside. We did have some weakness into the close but overall it felt like a pretty bullish day to shake off the first bad news we have had in a while and make a run. Ill be using todays lows as my guide to see if the tape weakens up and we have to get defensive if that happens a test of the 20dma will be in the cards.
here is big willys blog https://bullsonwallstreet.com/319-hot-stocks/
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