Couple of days of bounce in SPY after it defended a year long trend line.
SPY closed right below 20 MA, a break over that would turn this into another "V" shape bounce that dip buyers accustomed of seeing so far. SPY support at 235.43 and resistance at 20 MA 238.70. Short term bias is bearish as long SPY below 20 MA. After couple days of bounce there is also a possibility of market churning for a few days before the next move.
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AAOI Bounced support.Consolidation mode. Watching for secondary breakout.[/caption][caption id="attachment_44599" align="alignleft" width="800"]
ALNY High and tight flag. Watching for direction.[/caption][caption id="attachment_44600" align="alignleft" width="800"]
BITA Breakout continuation watch.[/caption][caption id="attachment_44602" align="alignleft" width="800"]
CLF Beaten up sector. Could catch a quick range break pop here.[/caption][caption id="attachment_44603" align="alignleft" width="800"]
CTRP Keeping an eye for a secondary breakout.[/caption][caption id="attachment_44604" align="alignleft" width="800"]
TSLA Has that bear flag look below 20 MA.Needs to get above 20 MA else could be a short.[/caption][caption id="attachment_44605" align="alignleft" width="800"]
VRX Flag look here. Keeping an eye over 13.78.[/caption][caption id="attachment_44606" align="alignleft" width="800"]
WTW From watch list, clean breakout. Continuation watch.[/caption][caption id="attachment_44607" align="alignleft" width="800"]
XENT Flag setup here. Swing type stock with stop below 20 MA.[/caption][caption id="attachment_44608" align="alignleft" width="800"]
NVDA Some indecisions on top here. Watching for direction.[/caption]
