SPY finally breaks out of the flag and over both 20 and 50 MA.
Given the move we had in last four days , i wouldn't be surprised to see a choppy, range bound Friday. Due to current volatility in individual stocks, it is difficult to write a watch list based on the daily chart setup.Last few days In our chat room we have been longing and shorting same stocks intraday over and over again for good profits. So be nimble and flexible on you trading , foucus more on 15/30 and 5 minuets charts. Our trading bootcamp starting this Sunday. Check out testimonials from our students and see for yourself why you need to take the course.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.Watching some biotech names as bio index IBB holding the trend channel.
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ADXS Eyeing this for bounce. Could pop if holds 7, if not will be looking 50 MA bounce at 6 area.[/caption][caption id="attachment_32632" align="alignleft" width="800"]
ISIS 20 MA acting as support for now. Could move over 71 if no gap up . Break of 20 MA could be a short.[/caption][caption id="attachment_32633" align="alignleft" width="800"]
JUNO Bounce watch after 3 down days again. No clean spot but watching 44.75 area.[/caption][caption id="attachment_32634" align="alignleft" width="800"]
KITE Hammer reversal candle and closed over 20 MA. Could move over 70 if no gap up.[/caption][caption id="attachment_32635" align="alignleft" width="800"]
ZIOP Bounce continuation watch over 7.49.[/caption][caption id="attachment_32631" align="alignleft" width="800"]
FXCM We have been trading it last two days. Could be in play both long or short .Will be looking for a short setup on lower highs like 3.30’s at open . If goes over 3.50 could pull a parabolic move to 4 or so and setup a short.[/caption]
