Unprecedented short squeeze and volatility on certain names but lack of strength from leadership growth names caught up with index's. Big down day Wednesday but QQQ bounced right off 20 MA yet again. Big support area, a break below should test 50 MA. Ideally a test of 50 would be great to reset some charts. As far setups, slim pickings out. Many stocks need to work on some basing before next move.
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Here is the watch list and game plan:
[caption id="attachment_61556" align="alignnone" width="800"]
ABCL Watching back over 52.50.[/caption][caption id="attachment_61555" align="alignnone" width="800"]
BTBT Coming out range. Watching over 20-20.49.[/caption][caption id="attachment_61554" align="alignnone" width="800"]
SPWR Bounced right of 8 EMA. Watching for squeeze.[/caption][caption id="attachment_61553" align="alignnone" width="800"]
RUN Holding 50 MA. See if this can catch a bounce.[/caption][caption id="attachment_61552" align="alignnone" width="800"]
PLUG Still in basing pattern. Keeping an eye.[/caption][caption id="attachment_61551" align="alignnone" width="800"]
SSYS Riding 8 EMA. 46.50 for a quick trade.[/caption][caption id="attachment_61550" align="alignnone" width="800"]
FUV Coiling over 8 EMA. Keeping an eye.[/caption]
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