The small caps and S&P are at critical intraday levels which buyers need to hold, especially in light of the momentum names in the tape getting hit.
Amazon is in gap-fill territory, first chart below of the daily timeframe. I called out the $353 level this morning inside 12631 as needing to hold, or else that gap-fill became a distinct possibility.
In addition, the beloved Twitter is basing intraday and could make an end of day run here.
Tesla bounced off initial minor support at $137, though I think the $132 area is the bigger one.
And UGAZ is coming back in after the report; Glad I was able to sell into strength this morning.
Drop me some tickers you are watching this afternoon.
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Its over now.
Because of the Denis Leary photo? Can you the name the movie it’s from?
On the short side.. GM,SHW,COH,AMD… on the longside ATVI
Very nice
” the ref ”
watchin tickers
SOL, ANV, ALJ, KWK, LEDS, LYG, BXE, PPY, BALT & SFY
Well done, wolf. You are nailing answers left and right.
FTEK Just a wee bit of good news from the company… and bob’s your uncle.
LoL nice
If for no other reason that they’re up, TA, ZIXI, and NSPH. Think the chart of NSPH looks interesting, though I’m no expert.
Nice!
The Pink Link/OTCBB markets are shut down. There is no indication if those markets will open today. Sad.
wow
ftek looks good, potentially really good !
Yeah, I was a bit tongue in cheek about uncle bob, but I like the chart – the way that the upside of the pennant seems to feel more pressure than the downside.
I also have a silly little narrative playing in my head: slightly profitable but thin margin, trying to get a foothold in China and Latin America. Folk worry about even thinner profit margins overseas, but what if one day FTEK lands a fistfull of contracts with Chinese coal power plants? FWIW, just playing in my head – i’m no analyst.
Interesting stuff, thanks guys
$UNG Filled this mornings gap …looks higher now. Long Calls.
Nice!
SOIL – fertilizer etf – I want to be on that train if/when it holds above 12. But i wouldn’t be averse to another round of bottom fishing below 11.
Watching $MSFT to see whether the recent breakout above 37.5 will hold or if it will be met by overhead supply? (as you say price has memory!!)