Tuesday Tickers

On Monday, the SPY was turned back again over $119, and may have formed a double top. The afternoon selloff was again supported by the lower bounds of a well defined rising channel (red), and the index closed above is 13day EMA for the 43rd consecutive session (green). Danger now exists below $118.

MCZ – computer accessories.. mystery up volume ahead of their earnings report which is coming up on Thursday, watch for activity over 47cents

NBS – stem cell stock.. over $2 is key

JCG – j crew apparel.. still hang out near its lows, should flush below $31

This entry was posted in watchlist and tagged . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s