Red day across the board. Not surprising given how extended some, specially tech stocks have been run up.
SPY holding the support for now but next time through, it might not. Next support 271/270 area. Watch list names, BOX,BOLD,CHRS, CGC all did well before fading today. Recent IPO names finally got beaten up but some of them are at support or will be approaching support. I will be mostly focus on those for a bounce. Keep in mind things can fade longer then anyone thinks. So if you decide play them, make sure to have a stop close by if things doesn't work out.
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BILI Managed to hold support. Watching for bounce ideally on a red to green type move at open.[/caption][caption id="attachment_50334" align="alignleft" width="800"]
CBLK Managed to hold support. Watching for bounce ideally on a red to green type move at open.[/caption][caption id="attachment_50335" align="alignleft" width="800"]
CRON Volume pattern suggest this might have more.[/caption][caption id="attachment_50336" align="alignleft" width="800"]
DBX Closed at support. Watching for bounce ideally on a red to green type move at open.[/caption][caption id="attachment_50337" align="alignleft" width="800"]
EOLS Holding up really well. Keeping an eye.[/caption][caption id="attachment_50338" align="alignleft" width="800"]
GRUB See if this holds 20 MA and breakout spot here.[/caption][caption id="attachment_50339" align="alignleft" width="800"]
HUYA One more flush to 20 MA could get a bounce.[/caption][caption id="attachment_50340" align="alignleft" width="800"]
PS Hammer candle on IPO break out area. See if bounce continues.[/caption][caption id="attachment_50341" align="alignleft" width="800"]
PVTL Still in bullish pennant. Keeping an eye.[/caption][caption id="attachment_50342" align="alignleft" width="800"]
QTNT Looks good over 9.[/caption][caption id="attachment_50343" align="alignleft" width="800"]
SLDB Watching 44 area.[/caption][caption id="attachment_50344" align="alignleft" width="800"]
TVIX If market continues to weaken this is on an interesting spot.[/caption]
