Flat day in the market but managed to close almost at the high of the day.
No follow through from bears even after earning miss from tech leader Amazon. Many of our bounce plays, NVDA, YY, BZUN,IRBT worked out for decent trades. SPY support now is Thursday's low, and resistance at 247.06. A break below Thursday's low might test 20 MA 245/244.80. Healthy basing action so far to relieve overbought action.
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ALNY Bio name, watching over 83 for a flag breakout.[/caption][caption id="attachment_45570" align="alignleft" width="800"]
DPZ Oversold and holding 200 MA. Watching for a quick bounce over 184.[/caption][caption id="attachment_45571" align="alignleft" width="800"]
IRBT Earning gapper. Watching for continuation higher.[/caption][caption id="attachment_45572" align="alignleft" width="800"]
KITE Bio name, watching over 112.15 for a pop.[/caption][caption id="attachment_45573" align="alignleft" width="800"]
MRAM Watching over 21.50 for a pop.[/caption][caption id="attachment_45574" align="alignleft" width="800"]
NVDA We had our support bounce, see if continues.[/caption][caption id="attachment_45575" align="alignleft" width="800"]
RH 20 MA support holds.Watching for a bounce over 70.20.[/caption][caption id="attachment_45576" align="alignleft" width="800"]
SGMS Extended but keeping an eye in case decides to again.[/caption][caption id="attachment_45577" align="alignleft" width="800"]
SINA Watching over 95 for a pop.[/caption][caption id="attachment_45578" align="alignleft" width="800"]
SRPT Gap holding so far. Watching for a bounce.[/caption][caption id="attachment_45579" align="alignleft" width="800"]
TRIP Bottoming formation. Watching 39.77 for a base breakout.[/caption][caption id="attachment_45580" align="alignleft" width="800"]
YY We had our support bounce, see if continues.[/caption]
