Couple great looking opportunities this week, otherwise equities look pretty quite with the broad sell offs we have seen. I am already at full risk after entering two trades last week so I will be sitting on my hands for now.
Monthly - 0.50 Fib/Decel/50 ema Weekly - Support/MACD/Double bottom Daily - Support/MACD/Double bottom/Descending triangle/Decel/Wave 5 completion LTF - Break out of descending triangle/MACD/Double bottom
Entry - Waiting for 1HR close above 50 ema
RR - 10 (Previous M/W highs)
Management - Long term
Additionally on Watch: Main: PENN Daily IBO L Other: 6 stocks on this weeks development needed list 23 stocks on monthly watchlist (mostly in Tech & Health Care sectors)
Live Trades: OEG - Full Risk AMC - 0.5% Profit locked in MASS - Full Risk VUZI - Full Risk Z - Full Risk