Here’s this week’s watch list! Remember there’s many more plays in the chat room!!
Chat Room Link: Bit.ly/Trade-Learn-Grow
You can find me @TradrJayon Twitter!
ATEC – This is on the watch list because of several reasons. Mostly because of the Golden Cross EMA, ATEC is now consolidating and we have a clear support trend line as well as a resistance line. The Stochastic is coming out of oversold, so I will be watching for a break out into 5.00$ as momentum picks up.
BIOS – This is on the watch list because price is climbing after that massive sell off. I would like to see price come back down and test previous 2.50$ resistance and set up. Notice how your moving averages are setting up for a possible Golden Cross.
CSU – This is on the watch list because price is still trading within this channel, if you notice Friday we seen quite a bit of volume come in. I will be watching for a brake over 5.00$ resistance. The next major area is 5.50$ and 6.00$.
IDEA – This is on the watch list because price has finally broken over the 200ema with volume. I will be looking for a scalp trade into 2.80$ resistance level.