Hard sell off Monday followed by big gap down Tuesday morning, usually a high probability bounce scenario. No exception this time. If you follow me on Twitter , I posted this Monday night.
Bounce idea worked out great. Pretty much all the charts has the same look now. Hopefully a continuation or even a flat/inside day for Index's while individual stocks makes continuation moves. Worst case scenario for bulls is hard reversal from here.
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Here is the watch list and game plan:
[caption id="attachment_62560" align="alignnone" width="800"]
ENPH Might make a run to 200 MA.[/caption][caption id="attachment_62565" align="alignnone" width="800"]
DDOG 80 is level for this stock.[/caption][caption id="attachment_62564" align="alignnone" width="800"]
COIN If 300 holds might catch another push.[/caption][caption id="attachment_62563" align="alignnone" width="800"]
BNTX 203 is level for this stock.[/caption][caption id="attachment_62562" align="alignnone" width="800"]
PENN Poking back over 200 MA. See if this holds for another push.[/caption][caption id="attachment_62561" align="alignnone" width="800"]
FUTU Continuation watch on a red to green.[/caption][caption id="attachment_62566" align="alignnone" width="800"]
BIDU Back over 200 MA. See if this holds for another push.[/caption][caption id="attachment_62567" align="alignnone" width="800"]
Might catch a pop on 200 MA remount.[/caption]
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