Any break of the uptrend support should see further downside. AMEX:SPY
Gold breaking that support level. Watch for further downside if it can't hold that level (white line)
NASDAQ:LYFT If lyft can break the trendline, it may see lower prices. Keep in mind this is super crowded with mainstream media coverage so keep that in mind for a potential squeeze if short. Have your stops in place for protection
NASDAQ:XRAY Xray earnings gap and consolidated nicely after a big move up. Price attempting a breakout here again so looking for another move higher. If it reclaims the prev. resistance level marked, I will stop out
NASDAQ:NVDA The price is at an important level here. If it can bounce of the resistance level, would look for $190+ target. If it can't bounce of this level would cut it. Bull flag on daily and it's gapped above it pre market so this level is very important to hold for the idea to be valid. This is a nice 3R+ trade if you put your stops in correctly.
NYSE:WNS Watching WNS as it consolidates below all time highs. Any breakout on volume is an entry with tight risk. These breakouts at all time highs tend to be quite choppy so will need to see some volume and sustained price action or ill cut it fast
NYSE:UNP UNP pennant formation setting up. Other stock in the sector have broke out already so this may also add strength to the sector.
Breakout day on NSC, looking to add on any shorter timeframe setups. Don't like the lack of volume so far though NYSE:NSC
ALXN consolidating nicely. Watching for a push through resistance on volume
NASDAQ:WTW Price is creating a bearish flag pattern. Will look for shorts on any break of support
Watching the uptrend support level for a solid break on volume. Stops in place as always.
Watching for a break of the trendline. Ideally, we get more consolidation first
NASDAQ:NFLX Bounced nicely off support. Looking for longs with risk on lows. Great risk/reward on this one
FX:EURAUD Watching for a break of the uptrend line (marked on chart) Any break would trigger short with a target of the next trendline support. Targets and risk marked on chart. Make sure you are aware of all news announcements that could effect this currency prior to entry (so there are no nasty surprises)
NYSE:SNAP Forming a nice base with wedge pattern. Will watch for a setup on this with areas marked with stops and targets. Short float = 12.18%
NASDAQ:RUBY Setting a nice bullish consolidation. Any break of resistance is a trigger long for me. Earnings out so soon throws a spanner in the works though so would ideally like to wait and see how it reacts to it's earnings Short float= 12.7% Keep risk tight (area marked on chart) Be aware this is a pharma stock so they have been known to be wild (news...
Watching as it comes back and tests the trendline for a short. It cracked support yesterday so will watch any push into that level for a short. Risk is on a reclaim of the previous support level. FX:USDJPY
NASDAQ:BIDU BIDU has formed a bear flag on the daily chart and drilling down into the hourly chart, we can see a clearer picture. Watching for a break of support on volume and a possible retest for confirmation for further downside. Only 2% of the float are short (as of today) so short squeeze unlikely. Keep risk tight, any reclaim of support (if/when) it...