Bulls showed up on cue as SPY bounced right on 20 MA and support area. Now a continuation is needed, a breach of that 20 MA will make the door open for a test of 50 MA. 197 area.
Biotech names had some decent runs today, i will watching stocks on that sector to continue tomorrow.Decent day in our chat room with real time alerts gaining $3530 for the day! 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.Also if you are interested in our trade alert services check them out here.Follow me on Twitter @szaman and on StockTwits @szamanSee below some of the entries and intraday pattern we played in the chat.
[caption id="attachment_30016" align="alignleft" width="800"]
ACHN Bio. name . Flagging over 8 EMA,keeping an eye.[/caption][caption id="attachment_30017" align="alignleft" width="800"]
ALNY Bio. name . Range breakout watch.[/caption][caption id="attachment_30018" align="alignleft" width="800"]
ATHM 50 MA bounce watch.[/caption][caption id="attachment_30019" align="alignleft" width="800"]
BITA Inside day after a big flush and sill below 20 MA. Looking for a trade either way.[/caption][caption id="attachment_30020" align="alignleft" width="800"]
MNDL Breakout watch on a good intraday setup.[/caption][caption id="attachment_30021" align="alignleft" width="800"]
SPLK Basing below 200 MA, keeping an eye for continuation.[/caption][caption id="attachment_30023" align="alignleft" width="800"]
YY Watching for trend line ,20 MA bounce.[/caption]
