Choppy sloppy consolidation action in the Market as S&P-500 Trying to hold 20 day moving average. Bulls need to defend that area and Bears need to push hard if they want to keep up the short term momentum. Bulls chat room continues to milk this grinding market action with $3853 gains for the week. Subs. here the is the Market commentary and game plane for next week.
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ABFS Break out watch.
BEAT Break out watch.
CTHR High and tight flag forming . Watching for a move over 6.91/7.
IM Orderly consolidation so far above 9 EMA.Looking for another break out.
PGTI Nice bounce off 20 MA. Watching for continuation up.
INCY Expecting a break out soon
PRAN Flagging here. Might need few more days for 20 MA to catch up. Watching for flag break.
SPEX Momentum name,no clean number but keeping an eye on intraday setup for movement.
YELP Flagging here with 50.50 area support for now.