GRBK broke through its base today, i'll be watching tomorrow for continued momentum tomorrow, Ideally a swing, but being cautious since this is a low float stock.
$NBY i'll be looking tomorrow for a gap up and then a pop into the $4.50 half dollar resistance that I will short. Keep your stops tight if the lower high doesn't hold and keeps breaking up because it can run to $5
$FIT has been holding support, will be watching for the break of previous day high for continued momentum
$GRUB made a nice flag, I will be watching this tomorrow to see if it can break above the 39.50 level to go long.
Will be watching $NUGT tomorrow, approaching previous resistance & whole dollar resistance, so I will watch for it to spike into that $170 area then fail for the short. I'll be keeping my stop loosely above the 170's to give the trade some room to workout, but has upside to watch out for if it breaks above that resistance.
$EBIO has been getting sold off when it tries to make runs, looking for a spike tomorrow up to previous highs as resistance levels and then I will short it, 4.50 is the nearest half dollar resistance, I will have a loose stop around that area. If it pushes through previous resistance then I will keep waiting for the next bearish sign to short. After the washout...
$FOLD recently broke out of a flag today so I will be watching for continued momentum for any entries intra-day
Watching BTE because it has been forming a flag, stop will be loosely under 5.50 area
going to be watching this tomorrow for a short opportunity depending on how it reacts around 5.50/6 level (whole/half dollar resistance)
The SPY is hovering right above the 200ma on the daily chart, the question now is whether or not it will hold long term range or breakdown and start a new downtrend. My plays for tomorrow depend on which way of the 200ma the spy will go.
$IPI broke out of daily resistance, will watch for breakout setup intraday tomorrow, following the daily continued momentum from today
$CIG has been running the past three days, will be watching this one to see how it reacts out of the gates tomorrow morning, usually reacts well to being over sold so i'll give it a little room to wiggle before the breakdown short entry with my stop being slightly above the $2 level
I'll also be watching TERP tomorrow for a spike into the 9.15 area test and fail. i'll be building up on the front side with a loose stop because this one may need some wiggle room before the fail.
FMSA has been running for the past week and the only reason this one is on my eye is because it is approaching the 8 dollar whole number resistance where it has failed previously, so i'm watching for the test of the 8 dollar mark then the fail. i'm going to enter short into a morning spike leaving a little bit of wiggle room for my stop slightly above the eight...
i'll be watching $LL in the morning for a spike into the 16.50 resistance area. I will be entering my short position on the front side of the move using the 16.50 area as my risk. Will stick to stop because next resistance is in the mid 18 area.
the spy has formed a head and shoulder pattern on the daily, it closed below the 50ema so i'll be watching for the breakdown around the 204 level. Will be focusing on the short set ups if this holds true
I'll be watching $MGT tomorrow for another short into a major parabolic move, or any crack of support.