Watch List 02/02/2015 | Bulls on Wall Street

Watch List 02/02/2015

Range bound action continues in the market. All the rips get faded and dip still getting bought.
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Range bound action continues in the market. All the rips get faded and dip still getting bought. Dangerous choppy trendless market out there. This consolidation/range phase , where most traders lose money .In terms of day trading this where we tend see choppy trend less action. Stops gets taken out after entering a trade only to see stock it recovers after hitting our stop loss. Price alert or break out alert will trigger only to see it fail or being stuck in a range. Key to surviving theses stages is less trades or smaller position size, day trading playing intraday momentum name that running due to earning or news. Do not get sucked into trading just because they set up looks great. Be skeptical about the setup and the success. Be sure to read my past blog post about , “Recognizing the Market’s Trend and Trading Appropriately”.

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ADXS Watching for triangle break either way.
ADXS Watching for triangle break either way.
BCEI Oil finally getting some bounce. Watching  oil names for a follow through.
BCEI Oil finally getting some bounce. Watching oil names for a follow through.
COMM Watching for a parabolic short soon below 28.66.
COMM Watching for a parabolic short soon below 28.66.
HABT Watching for range break.
HABT Watching for range break.
HALO Still setting up well to make a move higher If market cooperates.
HALO Still setting up well to make a move higher If market cooperates.
ISIS Needs to hold this low to trade the range or could be short.
ISIS Needs to hold this low to trade the range or could be short.
JUNO Needs to hold this low to trade the range or could be short.
JUNO Needs to hold this low to trade the range or could be short.
LNCO Oil finally getting some bounce. Watching  oil names for a follow through.
LNCO Oil finally getting some bounce. Watching oil names for a follow through.
SN Oil finally getting some bounce. Watching  oil names for a follow through
SN Oil finally getting some bounce. Watching oil names for a follow through

ZIOP Range narrowing. Looking for a move either way soon.
ZIOP Range narrowing. Looking for a move either way soon.

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