Good evening traders! Hope everyone enjoyed their time off. Now it’s time to get back to work. Look for a potential gap up tomorrow in the market due to the Italy bailout. Traders don’t like to see early gap ups because it becomes hard to trade intra-day set ups. However, let’s just wait and see what the market presents to us tomorrow.
Potential bottom play. Look for a break of 2.50
Penny player. Oversold and high short interest. Look for a red to green or break over fridays high.
Look for break of $16 for a day trade.
Triple bottom Looking to long over $29. Potential swing trade.
50ma bounce. If that 50ma bounce fails then short!
Good night!
