A few setups to consider….
Everybody’s favorite stock $AAPL may start a pre-earnings run if it can break this small downtrend line.
$FRO which recently looked more like a long setup is now below 20/50/200ma’s and looks like a short if it breaks the bottom of this range.
Red reversal hammer closing below the 200ma after a strong gap up out of a range tells me that $FTEK might be ripe for a day trade short below yesterday’s candle.
Break of an intermediate trendline in $FXCM and an NR7 bar compressed between the 200 and 50ma may set up a short below yesterday’s candle.
Red reversal hammer at a double top area may set up a short below yesterday’s candle with a target of the 20ma in $LPX.
Rare earths like $MCP looked like they might have been perking up recently, but a break below this support level would be a short.
$MHR is another company that I have no idea what they do, but a break below this support level (after numerous tests) would be a short. May need a day or two more.
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