SS Game Plan 12/5/16

Big Picture 5-Dec-2016

market had some bottoming action friday closing above thursday's lows. oil continues to show strength. this morning watch to see if holds above 52/bl. futures were down sunday night following expected vote on Italian referendum.

Fresh News

stock	support	resistance	inflexion	notes	trading plan
blcm	17.80, 19, 19.60	23, 24		good drug results
chk	7, 7.30	7.8, 8		selling assets
gwph	108	112-112.50		down following earnings. its about future drugs.

Second day plays, Technical setups and Trading ideas

stock	support	resistance	inflexion	notes	trading plan
edu	40, 42	44, 45		crushed on fraud allegations
sbux	56.60-56.70	57.40-57.50		bought on open after gap down. closed weak.
amba	54	56		closed at long term support