Trading Watch List 05.01.2017 | Bulls on Wall Street

Trading Watch List 05.01.2017

Market in consolidation mode after rally.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SPY first support 8 EMA, 237 followed by 50 MA, 236 area and resistance at 238.93.There are some concerning signs. Small cap IWM showing relative weakness and two big leadership tech stocks AMZN and GOOG faded after good  earning news and lack of participation from market after good earning news. Both now have ugly daily candles and if follows through , might drag overall market down.

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AAOI Coiling up here. Should pop over 49.80.
ASPS Closed back over support. Bounce continuation watch.
ENTA Range breakout watch over 32.
HZNP Range breakout watch over 15.57.
MOMO Basing out again for another run if 20 MA holds.
MZOR Breakout watch over 37.30.
NFLX Consolidation after breakout. Keeping an eye for continuation.
WIX We had our 20 MA bounce and breakout. Consolidation after breakout. Keeping an eye for continuation.

 

 

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