Our summer sale almost sold out
here gang. Lock in your price HERE. Breakaway
gap down on $SPY today. Not a good sign, because now we are in the box $132.44
- $129.26 break up or down from that range. Could go either way so this is a
great time for you to take sometimes off and relax. Wait for $SPY to find its
direction and short/long bias from there. But trading journal will continue
trading with pure technical without looking at overall market. This afternoon I
was in chat so I triggered a buy order on $CIGX 1k @$4.36 thinking hammer could
form at the end of the day but now we have spinning top so I will be selling at
market open tomorrow (still looks ok if you still in). $AFFX triggered 1k
@$4.69 and if $4.60 breakdown I will be looking to add more down $4.40s. Join
us in chat HERE for real time
day/swing trade alerts.
Watch
list:
Rex
Energy Corp. (REXX)
Support area at $9 is confirmed but
risk/reward here is not that good. So I won’t be trading this but worth of
keeping an eye on.
Celldex
Therapeutics Inc (CLDX)
Breakout confirmed at some
resistance here but looks like it’s going to fly through. Might catch a gap and
run tomorrow. Target $5.40 with stop at $4.70
Dana
Holding Crop. (DAN)
Nice hammer today, confirmed at
$12. Not quite 2:1 risk reward but worth watching.
Also
watching: PVA ARRS BDN END WG DNN
FBC HT LXP LPX MWW CPWR AVNR ARNA