Trading Watch List 10.12.2015 | Bulls on Wall Street

Trading Watch List 10.12.2015

Flat day in the market after SPY broke out over that downtrend line and physiological 200 mark.

spy

 

 

 

 

 

 

 

 

Next resistance at 203, 204 and 206. SPY 204 and 206 area has big overhead supply/resistance  so there might be some choppy trading zone up there after the big run market had. Gap to 195.40 still hasn’t filled so any weakness should fill that gap. Oil and commodities stocks still remain strong even though they are  getting overbought and at some overhead resistance. We have been shoring them for day trade with small gains but no  big crack yet. I am still stalking some oil names for a short term crack soon. Biotech sector still in pause mode,will likely find a direction soon. Oil and biotech sometimes tend to have inverse relationship, so if oil pulls back , we might see some run on some biotech names. This type of slow grind type action isn’t the best action for day traders, so little volatility would be great for some day trades .If you are struggling with your trading or learn how to trade you need to join our 60 day Bootcamp course. 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 , take a free trial! 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.

AMZN Leader stock, nice follow through after bouncing 50 MA.Continuation watch.
AMZN Leader stock, nice follow through after bouncing 50 MA.Continuation watch.
BITA Flagging here. Watching for movement.
BITA Flagging here. Watching for movement.
MBLY Nice follow through after 200 MA hold. Over 50 could breakout.
MBLY Nice follow through after 200 MA hold. Over 50 could breakout.
TSLA We had this on short watch below 246. Now getting a bit over sold and narrow candle Friday. If Friday low holds could get a dead cat bounce.
TSLA We had this on short watch below 246. Now getting a bit over sold and narrow candle Friday. If Friday low holds could get a dead cat bounce.
HRTX Bio name. So far forming a bear flag. Watching sector move for a direction soon.
HRTX Bio name. So far forming a bear flag. Watching sector move for a direction soon.
ILMN Bio name, over 148.80 could go for gap fill or could just fade here. Watching sector move for a direction soon.
ILMN Bio name, over 148.80 could go for gap fill or could just fade here. Watching sector move for a direction soon.
ITCI Bio name, range break watch or could just fade here. Watching sector move for a direction soon.
ITCI Bio name, range break watch or could just fade here. Watching sector move for a direction soon.
AREX Oil name getting a bit extended along with other oil names. Watching for a fade soon.
AREX Oil name getting a bit extended along with other oil names. Watching for a fade soon.
BCEI Oil name getting a bit extended along with other oil names. Watching for a fade soon.
BCEI Oil name getting a bit extended along with other oil names. Watching for a fade soon.
FCX Metal name getting a bit extended. Watching for a fade soon.
FCX Metal name getting a bit extended. Watching for a fade soon.

PACB Approaching some overhead resistance at 8.78 area.
PACB Approaching some overhead resistance at 8.78 area.

szaman Administrator
follow me

Leave a Comment