Red day in the Market. Further weakness could lead S&P-500 for a test of 20 day moving average 153.40 and if Bears get really aggressive a gap fill to 153. Many eyes on those numbers. In shorter time frame S&P-500 needs to hold 154 area for Bull case. Let’s see how it all plays out.
Some nice runners from recent watch list names such as ACAD,AWAY,ISIS,ICON,NUAN. In terms of new setups, there isn’t really much out there. I will be watching news/earning related names for day trades.
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CADX Nice 3rd touch breakout today. I’ll be looking for red to green type move.
GNMK Watching over 12.25 on flag break.
HNR Watching 4 area just in case.
LORL Break out watch at 60.11.
PCRX Watching for a bounce over 27.50.
ROVI Coiling up. Breaks out at 21.60.
SPPI First green day after gap down. Quick bounce watch over 7.12.
NVDQ Watching for movement over 10.82 .
