Small Cap stocks and open position – Friday stocks

Small cap stocks and open positions going into Friday January 25, 2019

These are the small cap stocks and large cap stocks I will be watching at the open on Friday:  $NFLX $ROKU $CLRO $APDN $BIOC $CLO $XLF $FAS $CGC

These are the small cap stocks and large cap stocks. Mostly swing trades.

$SNNA

 

This stock is consolidating,

Small stop  1×4 risk to reward

 

 

 

 

 

$OMED

Trend line is supporting the buying

50MA is a good target

volume is about to come back in

Price  is coiling for a break out

 

 

 

$RGSE

Consolidation

bouncing  on support

Under the 50MA and 200MA

 

 

 

 

$OGEN

Consolidation

volume is low

Swinging for previous highs

1×6 risk to reward

 

 

 

$AMD

large cap stock

broke above trend line

bumping up against resistance

volume is consistent

Flat top break out

 

 

$OBLN

on support

buyers have come in

watching for a reversal to the 50MA

next target could be the 200MA

 

 

 

 $TOPS

Broken out from the bottom

forming a right side shoulder

shows history of big moves

1×4 risk to reward

 

 

 

$XLI large cap stock

bullish flag

V Bounce with consistent volume on the move up

Left side support in

Above the 50MA and the 200MA

Could have a powerful breakout

 

 

   $EKSO

Bullish flag

broke above the 50MA

headed to the 200MA

Volume is slightly increasing

 

 

 

$GEVO

bull flag

volume relatively high compared volume before spike

Above 50MA acting as support

looking for a continuation move like the price spike.

 

 

 

     $INPX

bottoming pattern

could bounce

50 Moving average target

Volume is decreasing

Looks like could retrace part of the move down

 

 

$RWLK

broke over resistance

Good volume

Watch for carry through tomorrow

Might swing into next week

 

 

 

Day trading is high risk.  These are not trade suggestions, never follow anyone’s trades.  Do your own work and learn how to trade slowly.  You can loose all your money and more.   We offer courses and a live trading room.

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2019 January 14 live trades Stocks

2019 January 14 live trades for stocks and ETF’s Jan. 15 2019 set up for AMD in the live trade room

AMD Watching a slight retrace tomorrow for an entry.

We are above the 50 MA and if that support holds we can revisit where the Swing high a few weeks ago closed the gap.

This is the first area of resistance short term is $21 then 23.50 and then to $25.

If we open below  19.85 adn the overall futures market is week, AMD could pull back to support at $19 then bounce or break support for a move t new lows.

The devils advocate on this trade would be for this to be a Head and shoulders continuation and this consolidated zone is setting up the next move down.

 

Facebook trade set up live trade room

If Facebook pulls back to Fridays high we are going to watch for the red to green reversal for a break of today’s high.

We have a few conflicting patterns.  If this consolidated zone with a Head and Shoulders is a continuation pattern this might break under the 200MA and then head for more lows.

The bullish side of this trade is looking for a red to green move off the open with an open above 19.77.  This is the 50MA support, if it holds, then we could see a push into the right side consolidation zone.  Is this double bottom and the closing of the July gap enough to break the bearish trend line?  We shall see.

The Pennant is almost directly in the middle and might hold depending on the open tomorrow.

What is interesting here is that the death cross did not occur with this move down.

 

 

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S&P500 support and resistance – old support Essential Chart

S&P500 Support and zone Resistance – Old support Technical trading

S&P500 ETF $SPY trading chart.  We are going to look at the S&P500 areas of support and resistance.

S&P500 support and resistance

Watch price action on $SPY we put in a high volume low with sellers capitulating in the Bear Market Price Zone.  We called this level in our Live trading room to watch for a bounce.

S&P500 support becomes Resistance

Price broke under the correction level (Red Zone) of 10% from the top and proceeded to Bear Market Price zone in green which acted as support.

In price action trading prior support in a down trend becomes Resistance when price reverses.

The 10% price correction off the top is a consolidated zone that finally broke Mid-December with a volume push and sellers took control of direction.  This is where the support level at 2600 will now become resistance.

S&P500 50MA acts as resistance

The 50MA  also will act as Resistance (like a ceiling) for the $SPY.  Keep this in mind for your strategy and manage your risk first.

This will be a key area as Algos could roll from a net short to an active buy zone.

 

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