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Bulls on Wall Street: Stop Guessing. Start Trading.

Some profit taking in SPY at resistance/congestion zone.


So far bounce has been easy from double bottom low. Now things gets little more complicated. Many stocks are hitting resistance area. Coming weeks will tell us if this was just a dead cat bounce or beginning of another new uptrend. Ideally market needs base around above 270 area for bulls confidence.

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AMD Over 21.88 . could run to 23/24.

CGC Watching back over 34.

FND 34 range breakout watch.

GOOS Watching back over 66.

NVDA Could see some profit taking. Will be watching for a quick day trade short.

ROKU Last one to bounce. See if there is more to it.

SHOP Watching back over 151 after some rest.

SQ Big run to 20 MA resistance. Could see some profit taking. Will be watching for a quick day trade short.

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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