Lets see if this pans out, we can plan intraday based on this bigger picture
We are at the right place and right time, buyers showed their hand at 167~168, if we can hold it here, we can easily take this thing back to 200~210 in 6 to 8 weeks.
Been following GILD for a while and missed the leg up after the consolidation. Now its the time to short for a small profit and then move to the other side of the trade for the leg up.
Held up the support pretty good despite the market being down, MACD and RSI are rising, I think it is going to run to the next resistance, 6, in the month ahead.
NASDAQ:CATM is set to rebound to ~$47 or ~$49 as the hourly chart is in a pennant with RSI rising. I will buy the break up.
Waiting for this to fill the gap at around $156. Lets see ..
NYSE:AMP has kept its rising trend-line since 2009. More recently, it has formed a base around $112. I am interested to see if this comes back to $100~$104 level, I will be a buyer if it does.
NYSE:EXR has broken above the channel, and successfully retested the channel line with a doji. It is time to go long on this with a target of $82 or $94.
NYSE:RSO is stuck in a pennant, we should watch for the breakout and act accordingly.
NASDAQ:SRPT is already almost oversold but I think $24.2 would be a good level to buy for a long position, lets see...
We have NYSE:LLY stuck in a triangle. The tip of the triangle and falling volume indicate that we should have a breakout in a couple of days. In my opinion, it is highly likely that the price will break down. Anyway, we have a chance of $4.8/share profit in here, lets see.
In the event of channel breakout, we could go long if the RSI is above the trendline. Lets see...
NYSE:HLF is going down with strong force, if it holds $48 level tomorrow, I will consider entering at the end of the day for a long position to ~$52 or ~$57
NASDAQ:ILMN is due for a bounce to $132 level or possible to the falling trendline.
NYSE:GLOB is extremely oversold and is approaching major support level of $32.6, I will wait for a higher high and higher low on hourly and then enter for a target of $36.
The price of NASDAQ:GEOS has been in a wedge lately and a decision has to be made on which way the price is gonna go, lets wait and see.
NASDAQ:ATVI has made a doji at its support level. I think it is a good opportunity for a long to target of $39, but I will not enter until it makes a higher high and a higher low on the hourly chart.
I bought NYSE:COTY two weeks ago at $18 and sold it after it formed a hammer around $20. Now, bought it again at the close when it formed a doji, I think it has a good chance of going back to $20 or $21.50 again, lets see.