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Bulls on Wall Street: Stop Guessing. Start Trading.

Strong market action after that follow through day on Friday.

SPY hit our first target 257 area and  still no sign of backing down. Index's tend to overshoot support or resistance. So 260 followed by a run to 50MA still a possibility. SPY 254 is the new short term support.Seeing some strong action in individual stocks ,specially in leadership Enterprise software names like TWLO, TEAM , MDB, KEYS, WK etc.Nice action from our watch list as well. SQ, ROKU, TNA, LABU,PTLA, KEYS all gave some nice trades. Watch list contains some name, that still has  room to upside.Rising tide lifts all the boat. Will see if they catch some pop.

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CGC Buy signal triggered today over 20 MA close. Most likely a gapper on upgrade. Watching 30 area hold. Has room to 50 MA.

TLRY Watching this on a red to green type move for continuation.

MRIN Speculative play. Watching 6.85 area.

AMRN Watching 14.20 area.

IQ Watching over 17.40 for run to 50 MA.

TWLO Alert worked well. Now watching for base below 100.

ADIL Setting up a flag. Keeping an eye. Thin stock.

About szaman

Sayed is a veteran of the stock market, receiving acclaim for his hot stock watchlists. He trades in the Bulls room and blogs for the site, sharing his watchlist and market analysis daily.

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