Bulls defended SPY 20 MA as expected. All good as long SPY over 20 MA.
We are back in the range. While indices churn, plenty of action on individual stocks, specially at market open and toward the close. Everyday we are seeing pockets of momentum in few names with big range intrday move on earning ,news or just pure momentum.We are continuing to trade momentum/earning related names on intraday setups.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 @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_40496" align="alignleft" width="800"]
TWLO Watching this gap fill reaction at 53.40 area for a bounce.[/caption][caption id="attachment_40497" align="alignleft" width="800"]
USO Oil really extended. Watching for pull. DWTI inverse ETF for oil short.[/caption][caption id="attachment_40488" align="alignleft" width="800"]
AMD Looks ready to breakout.[/caption][caption id="attachment_40489" align="alignleft" width="800"]
CRC Oil name. Good looking chart. Keeping an eye.[/caption][caption id="attachment_40490" align="alignleft" width="800"]
CWEI Super extended name, finally had a red day. Watching for green to red type move for a short.[/caption][caption id="attachment_40491" align="alignleft" width="800"]
MEMP Small oil name, nice look. Could go for 200 MA.[/caption][caption id="attachment_40492" align="alignleft" width="800"]
MNK Coiling up. Watching for resolution soon.[/caption][caption id="attachment_40493" align="alignleft" width="800"]
OCUL Orderly pull back to support. Bounce watch.[/caption][caption id="attachment_40494" align="alignleft" width="800"]
REN Still having issues with whole number 20. We had a nice day trade short on it.Indecision candle and double top. Likely downside from here.[/caption][caption id="attachment_40495" align="alignleft" width="800"]
SGY Nice pocket pivot candle over 20/50 MA. Continuation watch on a intraday setup. Ideally a pull below 12 and then over 12.[/caption]
