Another positive day in the market as SPY tapping the highs, however market breadth was poor , not many upside runner out there and many momentum names were week . Shorting  recent momentum stocks was more profitable today than going long,strange action  for a market at highs .Just something to keep in mind . SPY printing a neutral broadening formation which could break out either way.

SPY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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shorts
longs

ANET Break out/pullback now flag break watch.
ANET Break out/pullback now flag break watch.
BITA Bear flag setting up  below 20 MA resistance .Short if market weakens.
BITA Bear flag setting up below 20 MA resistance .Short if market weakens.
GPRO Momentum seems to be stalling after a huge run. slowing in this stock.Watching for a short.
GPRO Momentum seems to be stalling after a huge run. slowing in this stock.Watching for a short.
RWLK Could get a bounce here on retracement.
RWLK Could get a bounce here on retracement.
TUBE Looking for flag break as long over 20 MA.
TUBE Looking for flag break as long over 20 MA.
VRNT Breakout watch.
VRNT Breakout watch.

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