OMER has been testing the resistance area overhead, it's also starting to consolidate around the 52 week high. If this gets some legs tomorrow I'm going to be watching for a breakout through the 16.50's area for a run
if this can hold above the 23 level and hold on a breakout over the resistance then it could get a nice run because it would squeeze the shorts out and all of the momentum traders would come in, all predicated on if it can hold over the 23 level.
I'll be watching this one to see if it can hold over the 9.75 level. It had nice run on Friday and closed around the highs, will be watching for any follow through momentum in the next couple of days.
$AAOI is consolidating in a flag pattern, and it's right underneath the $50 area. It had a strong close today so if it gets continued momentum and builds over the $50 area then we can get a nice run on it
FCX had a nice close today and is finally breaking out of the resistance on the daily chart, watching for a gap up and then continued momentum tomorrow
HTZ is trying to break the resistance line, watching to see if it can build some momentum to the upside tomorrow
DVAX gapped down and then formed a flag pattern, it's tightening up towards the resistance so i'm watching for a breakout tomorrow
ACAD failed at a breakout today, if this has a gap up tomorrow then keep it on the radar for the morning!!
this one is still in the flag formation so I'm watching for the breakout from the flag pattern tomorrow!
CVI starting to run towards resistance, lets see if it can breakout
CVI is consolidating in a flag pattern right now, if we get a nice run on this it can breakout above the $17 resistance area.
HIIQ is pretty over extended, looking for the short tomorrow but if it breaks above yesterdays high then i'm getting out
on $CLCD if bio stocks continue running then this one could break through the resistance line and have a nice run towards the 40's, watching for the breakout tomorrow.
if this can get above the 7.50's area and hold above it then we can get a nice breakout tomorrow.
UVXY is approaching the resistance area, so tomorrow i'm going to look for the short but if it breaks through and holds through resistance then i'm going to get out.
if this spikes in the morning the plan would be to go short with yesterdays high as my risk level. this move has ran up inanely high!! we are looking for the pullback to the downside tomorrow.
$WUBA is still near the support level, if we get a dip tomorrow could buy with stop loss under the support.
JONE finally held strong over the breakout into the close on Friday. Will watch to see if this can have continued momentum above the breakout tomorrow.