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Bulls on Wall Street: Stop Guessing. Start Trading.

"Sell the news"scenario played out after tax reform news. Beaten up technology names tried to bounce via red to green move at open, giving us some decent bounce trades in chat room but bounce was quickly fizzled out.

QQQ failed at both 8 and 20 day MA. Not seeing much rotation into beaten up technology names. SPY, IWM, DOW closing almost at the low of the day, giving bears some advantage. Be nimble out there , volatility is here, hit and run trading mode for now.

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CVRR Oil name,looks good for continuation.

HIMX Holding up well. Keeping an eye.

HIMX Holding up well. Keeping an eye.

MARA Range breakout watch .

MU Holding short term support. Could be oversold bounce too. Watching for directions

ROKU Watching if first tap 20 MA, 38 holds and bounce if not, 35 next.

SQ Bounced 50 MA. Could be oversold bounce too. Watching for directions.

WUBA Bounced trend line. Could be oversold bounce too. Watching for directions.

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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