Some trade setups for your consideration…..
Would like to see a consolidation day first in $AMZN before an attempted break, but past this resistance it could run.
This flag keeps getting tighter with an NR7 inside day on Friday. Big move coming in $BWS.
Five tests at this level and I think soon it will break for the next move down in $FRO.
Tight consolidation after a drop and an NR7 bar makes it look like the next move for $GMCR is down.
$MCP chart looks like death. Tight consolidation below the 20/50 ma and right on support looks like a short set up.
Good sideways movement in $NFLX after a strong move up sets up a long over 85.65. They still have a crappy movie selection though.
Tight range and NR7 day after breaking support says this goes lower. Pro-Werewolf play in $PAAS.
I like the bounce off longer term support, recapturing the 20ma, and the inside NR7 day in $SHOO.
Former short, weak bounce back to breakdown area. Red inverted hammer and NR7 may signal time to re-short $SIMO.
$SNCR is not quite ready but recaptured the 20/50 ma’s and setting up for a possible break of the resistance level.
Stay away from $VVUS unless you are a pro trader….and then still stay away. Would not trade it with Satan’s money.
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