After a weak opening, dip buyers showed up yet again and ramp the market to a day high close.
What a pretty chart! Bounce right at support and short term momentum moving average 8 EMA. Friday's low is short term support for now. It was a great week for active traders. Volatility in momentum names gave us some nice round trip trades both long and short.
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ANET Earning mover,watching for another breakout, ideally on a small red to green type move at open .[/caption][caption id="attachment_43233" align="alignleft" width="800"]
CARA Next time over 20 MA should get going.[/caption][caption id="attachment_43234" align="alignleft" width="800"]
ESPR Stair stepping higher. Watching back over 24.97 for another breakout.[/caption][caption id="attachment_43235" align="alignleft" width="800"]
INCY Breakout continuation watch.[/caption][caption id="attachment_43236" align="alignleft" width="800"]
LABU Bounce continuation watch 44.80.[/caption][caption id="attachment_43237" align="alignleft" width="800"]
LITE Low volume pull back after big run. Watching over 48.30 or another pull to 45 for a bounce.[/caption][caption id="attachment_43238" align="alignleft" width="800"]
NVDA Needs to hold 100 and over 102 could pop to 50 MA resistance and a possible fade again.[/caption][caption id="attachment_43239" align="alignleft" width="800"]
OREX Bouncing support and 20 MA. Continuation watch over 4.46.[/caption][caption id="attachment_43240" align="alignleft" width="800"]
TTMI Flag breakout watch over 16.67.[/caption][caption id="attachment_43241" align="alignleft" width="800"]
QTWO Earning mover, watching for another breakout, ideally on a small red to green type move at open .[/caption]
