SPY defended 50 MA yet again. 20 MA remains resistance.
Better action in Nasdaq as technology names rallied , QQQ approaching 50 MA resistance.
Decent trading action with our go to tech name like TSLA, AAOI, NVDA ,SHOP. TSLA quick short trade worked well below 310 and trading around long back over 310.SHOP 50 MA pop, OSUR 16.95 breakout worked well. Will be focusing on biotech names Wednesday. If tech. pulls money could rotate into bio sector.
If you are struggling with your trading or learn how to trade you need to check out our trading courses. Our program is designed in such a way that you come out of it ready to trade live in just 3 months. We teach you everything from risk management to scanning to trading strategies. I also share my profitable intraday trading strategy which will make you money short term regardless of Market condition. The class is one of a kind, see why you should sign up for the course here . You will also have access to a private community where you can ask questions, share charts and talk with the instructors or other traders. You can also check out the testimonials from our students.Also if you are interested in our day trade alert services and chat room Check them out here.Follow me on Twitter for real time trading setups@szaman and on StockTwits @szamanCheck out our newest Offering "Bulls Vision" ! A brand new screen share product! See through the eyes of@kunal00 while he trades live everyday.[caption id="attachment_45289" align="alignleft" width="800"]
DATA Range breakout watch over 63.[/caption][caption id="attachment_45290" align="alignleft" width="800"]
ESPR Bio name, flagging over 8 EMA. Watching for a flag breakout.[/caption][caption id="attachment_45291" align="alignleft" width="800"]
LABU Biotech ETF holding 20 MA. Watching for trend line break.[/caption][caption id="attachment_45292" align="alignleft" width="800"]
NK Holding support. Bounce watch.[/caption][caption id="attachment_45293" align="alignleft" width="800"]
MYO Watching this on a red to green type of at open for a range breakout trade.[/caption][caption id="attachment_45295" align="alignleft" width="800"]
TSLA We had a quick short trade on this below 310 and trading around long back over 310.Filled the gap If continues 50 MA next.[/caption][caption id="attachment_45296" align="alignleft" width="800"]
VEEV Watching for a pop over 63.50.[/caption][caption id="attachment_45297" align="alignleft" width="800"]
VRTX Should pop back over 132.50.[/caption]
