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Bulls on Wall Street: Stop Guessing. Start Trading.

Pretty lame bounce in the market after being so oversold.

SPY not much traction. Needs to break range in 30 minute  chart.

QQQ Bouncing 20 MA, again not many conviction buyers around.Needs to break range in 30 minute  chart.

IWM Holds 200 MA but action is definitely not encouraging.

Overall pathetic action by bulls so far. I will be mostly watching range break up or down in 30 minuet chart. This market could also wear bulls and bear out short term. If you are not sure abut the direction, sit it out .better days will come. Earning season just around the corner . which might be catalyst for market moves.

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NIO 6.50 alert worked great. This type of stocks can make big run. Watching for dip and build setup intraday.

QTT Sympathy play to NIO. Watching 8 area.

AMD Needs to break trend line over 27.70.

AMRN Bouncing 8 EMA. Watching over 18 for a pop.

PCRX Watching over 48.

ROKU Holds 50 MA. Line in the sand for now. Watching over 66.37.

SQ Holds 50 MA. Line in the sand for now. Watching over 87.66.

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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