Bounce continues in market after SPY 50 SMA test.We are still stuck on a range on S&P-500,small cap IWM and technology QQQ now have 50 SMA as overhead resistance. Great bounce action from names posted on the last watch list. Beaten up names like SPLK, WDAY ,WUBA, TRIP, QIHU had couple of great days. Hopefully you were able to catch some of those. If you are having difficulties navigating this Market or want to learn trading , feel free to join us in Bulls chat room with a super team of traders.Follow me on Twitter and StockTwits @szaman[caption id="attachment_25957" align="alignleft" width="800"]
AMRI 50 MA bounce. Watching for continuation over 17.[/caption][caption id="attachment_25958" align="alignleft" width="800"]
DATA Finally bounced. Still have some room to move.[/caption][caption id="attachment_25959" align="alignleft" width="800"]
NOW Finally bounced. Still have some room to move.[/caption][caption id="attachment_25960" align="alignleft" width="800"]
PTX Broke flag, watching for a follow through.[/caption][caption id="attachment_25961" align="alignleft" width="800"]
TSLA 50 MA resistance here. Watching for a move.[/caption][caption id="attachment_25962" align="alignleft" width="800"]
WUBA Bounce alert from last post worked well. Now right at resistance.[/caption][caption id="attachment_25963" align="alignleft" width="800"]
WWE Watching this one for a move either way.[/caption]
