This is August trading with lower volume and sometimes extended range days. Could take a few more days for trades to hold their support. Take your time here as tweets have been moving this market. The pull back and forth between Trump and the FED are moving the markets almost daily. It doesn’t look like the FED is going to acquiesce to Trumps pressure to drop rates to keep in line with other central banks. We shall see. Always trade with a stop and a target.
Watch list August 22 CYBR day trading set up.
CYBR has bounced off of support, has a higher low and volume is consistent at this point. Watch for a red to green move on the open.
After a big run up today and about a $10 range, watching for a slight pull back and keep this direction. Higher low on this with a target around the 50MA. Watch for a volume increase into the weekend.
Watch list August 22,Reste ZM set up for day trading
ZM is bouncing off of support watching for this to gain support at the closing levels, wait for this to reverse for a clear entry.
Trade at your own risk, remember only you can be responsible for your trades. Refer to the Money Makers Edge™ traders code if in doubt.
The post Live Trade Room Watch List August 22, 2019 appeared first on Money Maker Edge Live Trading Room.
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