Watch List 05/16/2014 | Bulls on Wall Street

Watch List 05/16/2014

Sell off day in market , however SPY managed to defend 50 SMA and closed  off the lows. Weakest small cap index, IWM getting a bit oversold so a short term bounce could be a possibility. We will be sticking to our usual go to name  like WDAY,DATA,YELP, YY, they can be all played either way depending on market direction. If you are struggling with your trading or learn how to trade,then you need to join our 60 day bootcamp course starting on May 27th. Our program is designed in such a way that you come out of it ready to trade live in just 3 months. We teach you everything from risk management to scanning to trading strategies. I also share my profitable intraday trading strategy which will make you money short term regardless of Market condition. The class is one of a kind. See why you should sign up for the course here and email me me thenyctrader@gmail.com .You will also have access to a private community where you can ask questions, share charts and talk with the instructors or other traders.
Follow me on Twitter @szaman and on StockTwits @szaman

DATA Back within range again. Could be played either way depending on market direction.
DATA Back within range again. Could be played either way depending on market direction.
FB  Bear flag setting up if market continues to weaken.
FB Bear flag setting up if market continues to weaken.
SOHU Range break watch over 58.
SOHU Range break watch over 58.
WB Like the way this one holding. Watching for a long setup.
WB Like the way this one holding. Watching for a long setup.
WDAY Stuck in a range. Could be played either way depending on market direction.
WDAY Stuck in a range. Could be played either way depending on market direction.
XON Could get a pop over  18.39.
XON Could get a pop over 18.39.

YELP Closed right below short term trend line. Could be played either way depending on market direction.
YELP Closed right below short term trend line. Could be played either way depending on market direction.

szaman Administrator
follow me

Leave a Comment