Markets Notes:
Yesterday's strong day brought us to the edge of the resistance that failed last week. For the bears, international markets are weaker today and the futures are down a fraction. For the bulls the VIX is still low and yesterday rally was strong and steady. I'll will be waiting and reacting not predicting. BA and FB are in the news for the wrong reasons, they could be able to drag the rest of the market with them.
Watch-list:
LENS is the only low float I'm considering buying today, looking for a dip to $0.85
ACB looking for $8.42
CLNE looking for $2.73 with additional indicators, this level is a few months old.
TEUM should have strong support at $4.30
CNAT & NBRV both are needing to break through $3 and come back to that level for me to get involved.
AKTX appears to be another short squeeze, I'm watching from the sidelines.
Check my blog post to read how I play these stock and what it takes for me to buy one. Follow me on Twitter for live trades. Happy Trading!
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