Small pullback in the Market, however both SPY and QQQ remains above upper range of bollinger band , making it difficult to initiate new swing long position. Most stocks are quiet extended and needs few more days to setup again. I will be looking for small cap plays while market chops around. Some decent action in small cap names last few days. I will also looking to short some extended names like WDAY, QIHU on a good intraday setup. Decent week so far for Bulls crew as live trading alerts gained $5342 in 2 days into the week.If you are struggling with your trading or learn how to trade,then you need to join our 60 day bootcamp course starting on June 3rd. 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 firstname.lastname@example.org .You will also have access to a private community where you can ask questions, share charts and talk with the instructors or other traders.
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4 thoughts on “Watch List 05/29/2014”
What do you mean by ‘watching for triangle break out?’
Triangle breakout is a breakout above it’s resistance or breakdown below it’s support.
Do you think $RBCN will be a up trend now?
hey its a stock that can have a shorterm bounce but longterm its still in downtrends. the moving averages are quick ways to spot trends. when you get the 50dma and 200dma pointing up you have a good strong trend longterm. where teh 20dma is the shorterm trend