Thursday, April 21, 2016

Watchlist 4/21/16

Daily Process Goal 1 - Hold your ORB trades until momentum slows, 9ema breaks, or it hits your stop.

Big Picture (SPY) - 210.10 - Up a little bit this morning.  We can't seem to hold any moves lower.  210.92 cause a sell off yesterday afternoon into close.
 
Support - 206.10 / 206.50
Resistance - 210 / 209.44
Fresh News (Catalyst)

UA - 43.95 - Up 4% to 46.40 pre market on pre good volume.  Report earnings and increase FY16 sales outlook.
Support - 46 / 45.60 200MA
Resistance - 48
Avg Daily Volume - 7.2M 
ATR - 1.19
FS% - 0

SRPT -  19.71 - Trading 14.45 pre market down 26% on news FDA had negative briefing on one of its drugs.
Support - (PM low 14) / 13 / 12
Resistance - 16
Avg Daily Volume - 2.2M
ATR - 1.70
FS% - 43.13%

GM - 32.19 - Trading up 3.4% to 33.48 pre market on earnings beat.  Beat sales by over $2B.
Support - 33 / 32.50
Resistance - 34 / 34.20
Avg Daily Volume -14M 
ATR - .64
FS% - 3.02

YUM - 82.53 - Trading up 3.6% to 85.49 pre market on earnings beat driven by KFC sales in China.
Support -  83
Resistance - 86 / 88 PM High
Avg Daily Volume - 4M 
ATR - 1.39
FS% - 1.89%

2nd Day / Technical Plays

VMW - 58.53 - Huge Day yesterday with earnings.
Support - 57.80 / 58
Resistance - 58.75 / 59
Avg Daily Volume - 2.2M
ATR - 1.64
FS% - 24.85%

CPE - 10 - Huge day on big volume.
Support - 9.5
Resistance - 10 / 10.15
Avg Daily Volume - 3.67M
ATR - .50
FS - 3.09%

GLNG - 23.30 - Huge Day on volume.
Support - 22.75
Resistance - 25 HUGE area
Avg Daily Volume - 2.15M
ATR - 1.34
FS% - 14.55%


No comments:

Post a Comment