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Bulls on Wall Street: Stop Guessing. Start Trading.

Market grinding it out.  SPY, consolidation type action below  260 resistance.

Short term overbought but respect the price action. Ideally, few  days of basing would relieve  overbought  condition to tackle 50 MA resistance. As far support , 255 and then 8 /20 MA is support zone.  Regardless  of indices , individual stocks starting to act strong. As you can see from watch list names. CGC, AMRN, IQ some big winners.

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HQY Bullish falling wedge setting up. Watching over 56.50.

Q 17.40 alert worked well. 50 MA resistance now. If momentum hits ,could be a nice trend line breakout runner.

NVDA Basing at 20 MA. Watching 147 area.

50 MA consolidation flag. See which way it goes.

TWLO Basing out well. Keeping an eye intraday for a setup below 100.

BILI Some consolidation and over 16.60 would be nice base breakout.

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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