Down day in the market. As expected, some consolidation/digestion is needed
SPY holding short term momentum indicator, 8,20 and 50 MA. As long it stays over those moving averages, bulls are in control. Nice day for watch list names. FIT, CARA, ITEK, ACAD provided some nice day trading opportunity. I know many of you caught FIT and CARA.Great action on both and looks good for more.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 day 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_35478" align="alignleft" width="800"]
ABEO Range breakout. Watch over 6.60.[/caption][caption id="attachment_35479" align="alignleft" width="800"]
AST Volume pattern suggests, this stock is on a bottoming formation. Could move higher to test 50 MA.[/caption][caption id="attachment_35480" align="alignleft" width="800"]
CARA We had our tight flag break out at 19.63. Now watching for a continuation to 49 and PO breakout.[/caption][caption id="attachment_35481" align="alignleft" width="800"]
FIT We had our trend line break alert at 45. Now watching for a continuation to 49 and PO breakout.[/caption][caption id="attachment_35482" align="alignleft" width="800"]
LPCN Watching for this flag breakout.[/caption][caption id="attachment_35483" align="alignleft" width="800"]
ZGNX Volume pattern suggests this should ready to move again soon. Keeping an eye. On that bull flag break .[/caption]
