Trading Watch List 02.08.2016 | Bulls on Wall Street

Trading Watch List 02.08.2016

SPY breakout attempt by the bulls but it stalled at resistance.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Even though strong action in SPY and technology QQQ,action in Small cap etf IWM is a bit worrisome as it actually closed red and below 50 MA again. Something to keep in mind. For sustainable breakout all sectors needs to participate.  SPY short term support at 228.50 and then 20 MA 227-227.60 area. Overall, trading action in individual stocks still remain strong.
If you are struggling with your trading or learn how to trade you need to check out our trading courses. Our program is designed in such a way that you come out of it ready to trade live in just 3 months. We teach you everything from risk management to scanning to trading strategies. I also share my profitable intraday trading strategy which will make you money short term regardless of Market condition. The class is one of a kind, see why you should sign up for the course here . You will also have access to a private community where you can ask questions, share charts and talk with the instructors or other traders. You can also check out the testimonials from our students.
Also if you are interested in our day trade alert services and chat room Check them out here.
Follow me on Twitter @szaman and on StockTwits @szaman
Check out our newest Offering “Bulls Vision” ! A brand new screen share product! See through the eyes of
@kunal00 while he trades live everyday.

AA Coiling up here. Watching back over 38.25.
CENX If 16 holds , it might try to breakout again.
ESPR Parabolic short watch, ideally small green to red and under 20 move at open.
NFLX Watching for a follow through on a red to green type move at open.
TSLA We had our flag breakout. Watching for continuation over 258.
TSRO Consolidating well. Watching over 164.27

 

szaman Administrator
follow me