Watch List 04/29/2015 | Bulls on Wall Street

Watch List 04/29/2015

Pull and recovery in the market after SPY hitting upper range of the Bollinger Band as we talked about in last post.

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Bull’s still in control as long SPY stays above 20/50 MA and trend line. Biggest action last couple of days has been on biotech stocks as IBB broke down trend line on that last move to lower high yesterday and with continuation today as it broke the big trend line and 50 MA. We had some hot trade in chat shorting this biotech carnage by shorting ISIS,JUNO, KITE and AGEN.

IBB

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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ADXS 20 MA and trend line bounce watch.
ADXS 20 MA and trend line bounce watch.
ANAC First tap at 50 MA. I will be looking for a bounce if we have red to green type of move at open.
ANAC First tap at 50 MA. I will be looking for a bounce if we have red to green type of move at open.
ISIS Approaching  support zone. Bounce watch on a red to green type of move at open.
ISIS Approaching support zone. Bounce watch on a red to green type of move at open.
JMEI Coiling up here. Watching for a move soon.
JMEI Coiling up here. Watching for a move soon.

JUNO Closed at support. Bounce watch on a red to green type of move at open.
JUNO Closed at support. Bounce watch on a red to green type of move at open.

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