QQQ holding the breakout fueled by massive rotation into high beta tech names. Rest of the market flushing red signal with weak breadth and not much participation from other sectors. DOW,SPY in correction mode. Some of these tech names are also getting extended short term. It will be interesting to see whether tech rotation continues or some other sector finally catches some bids.
Check out tomorrow's watch list and game plan:Follow me on Twitter for real time trading setups@szaman and on StockTwits @szaman
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Here is the watch list and game plan:
[caption id="attachment_62942" align="alignnone" width="800"]
AFRM Watching 70 spot for a pop.[/caption][caption id="attachment_62941" align="alignnone" width="800"]
BIGC 64.30 is a spot to run for 200 MA.[/caption][caption id="attachment_62940" align="alignnone" width="800"]
SUMO Looks good for base breakout.[/caption][caption id="attachment_62939" align="alignnone" width="800"]
AYX Potential bottom base breakout watch.[/caption][caption id="attachment_62938" align="alignnone" width="800"]
BILI 123 big spot if it can rest a day or two.[/caption][caption id="attachment_62937" align="alignnone" width="800"]
FSLY Needs to take out 58.60.[/caption][caption id="attachment_62936" align="alignnone" width="800"]
TRCH 6.76 should catch a squeeze.[/caption][caption id="attachment_62935" align="alignnone" width="800"]
AVXL Watching over 22.45 on red to green.[/caption][caption id="attachment_62934" align="alignnone" width="800"]
FUBO Basing out here. Keeping an eye.[/caption][caption id="attachment_62933" align="alignnone" width="800"]
LPI Big volume bounce on support. Might break out again.[/caption][caption id="attachment_62932" align="alignnone" width="800"]
RIDE Holds up even with weakness in small cap. 11 should catch a pop.[/caption]
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