Another flat digestion day in the market while individual stocks makes the run. Bulls are in control on SPY over 200 MA. Even if there is any weakness , there are plenty support below in the market now. Nice action in our biotech bounce plays. CEMP, RMTI, FPRX, KNDI, PCRX , all gave decent trading opportunity. Most of this bio names ran into some resistance today and backed away so i will be focusing on few bio names for shorts that were in our bounce watch for fading/profit taking action. I will be joining @kunal00 for free trading webiner “Making Bank in the First Hour” on Nov 5th at 8EST. Make sure to register here. Space is limited.
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