Slow day for the indices after SPY 50 MA was defended again Wednesday. However, indices masking some serious damages in many individual stocks. Broken tech/software names catching slow dead cat bounce but still look vulnerable. Biotech, IPO names getting pounded. Bulls need to step in get SPY back over 8 EMA. A break below 50 SMA next time might create some panic. Slim pickings as far as watch list. Will be mostly watching price action on out “go-to” names for long or short.
Live Stock Trading Bootcamp Starts Next Week
Next week our award-winning, live 60-day trading boot camp kicks off! We teach over 30 day trading and swing setups, and teach you everything you need to know about professional stock trading. Class starts next Tuesday, and there are only a few seats left!
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APPN Bear flag on this software name below 20 MA. See which way it breaks.
Live Stock Trading Bootcamp Starts Next Week
Next week our award-winning, live 60-day trading boot camp kicks off! We teach over 30 day trading and swing trading setups, and teach you everything you need to know about professional stock trading. Class starts next Tuesday, and there are only a few seats left!
