Range bound action continues in the market.
SPY barely holding on to 50 MA. If breaks, 100 MA next and it will still be within range. Still a stock picker market as action on individual stock remains strong. I will be mostly watching bio tech and China name. Biotech ETF , IBB looks good for another breakout.If you are struggling with your trading or learn how to trade you need to join our 60 day Bootcamp course. 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 trade alert services and chat room , take a free trial! 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_34642" align="alignleft" width="800"]
ADXS High and tight flag. Watching for another breakout.[/caption][caption id="attachment_34643" align="alignleft" width="800"]
CYBR Volume range breakout move. Watching for continuation higher.[/caption][caption id="attachment_34644" align="alignleft" width="800"]
HRTX Printing indecision candle on top. Watching for a move either way.[/caption][caption id="attachment_34645" align="alignleft" width="800"]
HZNP Breakout watch.[/caption][caption id="attachment_34646" align="alignleft" width="800"]
ISIS 20/50 MA dual support, Bio's on the move again, watching this one to follow.[/caption][caption id="attachment_34647" align="alignleft" width="800"]
KITE From previous watch. Beautiful breakout over 50 MA finally. Watching for continuation.[/caption][caption id="attachment_34648" align="alignleft" width="800"]
SRPT Setting up for a secondary breakout.[/caption][caption id="attachment_34649" align="alignleft" width="800"]
WUBA Bull flag breakout watch. Ideally on a red to green type move Monday.[/caption]
