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Bulls on Wall Street: Stop Guessing. Start Trading.

SPY bull run continues after 280 and trend line break and then retest and hold. 50 MA is the next obvious resistance.After 3 days of run , Ideally , bulls want to see some type of basing and then remount 50 MA. However, if there is another gap up to 50 MA,profit taking might kick in. Watch list names, ROKU,AMD, PLAN,MTCH gave some decent trading and looks good for more. Here is my trading watch list for tomorrow:

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LK 17 area holding so far. Will be watching for a bounce on a build under and then over 18.

ZM Up after hours on earning news. Will be watching for 91.46 IPO breakout on an intraday setup.

LYFT 63 range breakout setup.

ROKU Flag breakout idea worked well. Inside day, watching back over 102.

AMD 30 idea worked well. 33.60 next level.

PINS Closed over 8 EMA. Over 26 might have another pop.

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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