Range bound action continues in the Market and we are still in that ‘Tweener” zone.S&P-500 has 20 SMA resistance and 50 SMA support. Bearish under 50 SMA, Bullish above 20 SMA and range bound action in between. Regardless, some great trading opportunity last week in range bound Market with $4696 gains from calls in bulls chat room.
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ACAD Momentum name. Worth stalking for a trade.
ALIM Momentum name. Watching back over 5.13.
ENV Flagging here.
GTXI Breaks out over 7.14.
HIMX “Rubber band snap” bounce watch if 5.25 holds or around 5.
IRBT Breaks out over 35.75.
MOBI Over 3.48 for continuation.
SUNE Break out watch over 8.56.
VNTV Break out watch over 26.88.
XRM Still watching this one for a move. Need to see volume.