Market has now pulled back to the 50dma and the russell 2k is still holding that trendline.. ideally we get a gap down in the morning and then reversal making for a nice trading day :) Bulls really need a rally soon. Gotta have stocks ready on both the short and long side no matter what. Here is a video I made for new traders to help determine the differences in a bull and bear market. Check it out.
If you are interested in trading with the bulls crew send me an email mb.willoughyb@gmail.com. Here are a few stocks I am watching tomorrow:
MTOR- breakdown watch
XRTX- forming a rounded bottom.. watching for break of 7.3 area
SVNT- nice relative action compared to the market.. watching for break of the flag
FXEN- hammer candle off the 200dma, could be sign of reversal
SNTA- pullback to support.. watching for a bounce
OTT- parabolic short watch on weakness
ISIL- snapback watch
FOE- breakdown watch
CHUY- hammer candle off the 20dma.. could reverse
ARNA- breakout watch
