Consolidation/stalling phase in the market.
SPY 200 MA is holding so far. A move over Tuesday's high will give Bull some momentum . Weakness should fill the gap to 205.50 and next support is on 100 MA 203.70 area. Beaten up bios caught a bounce during this side way action, as i expected this in the last post. PCRX , CEMP, RMTI from last blog caught decent bounce. So i will watching few bio tech names again for movements. Earning news stocks continue to be in play. We had decent gains again today shorting earning movers BABA and GRUB. So keep an eye on those earning movers. I will be joining @kunal00 for free trading webiner "Making Bank in the First Hour" on Nov 5th at 8EST. Make sure to register here.Follow me on Twitter @szaman and on StockTwits @szaman[caption id="attachment_36520" align="alignleft" width="800"]
APDN Holding 20 MA/trend line support here. Watching for a bounce.[/caption][caption id="attachment_36521" align="alignleft" width="800"]
FPRX Flag breakout watch.[/caption][caption id="attachment_36522" align="alignleft" width="800"]
KNDI Holding the support. Watching for flag break over 9 with volume.[/caption][caption id="attachment_36523" align="alignleft" width="800"]
SRPT Stalling here. Watching for a move either way. Long or short depending on range break direction.[/caption][caption id="attachment_36524" align="alignleft" width="800"]
XON Range breakout watch over 34.[/caption]
