Yet another range bound day for the S&P as it couldn't break down or break out. Some bounce plays working but may be running out of steam. We'll be looking to see if some of them continue or find resistance and pull back.
RXDX- After 2 big up days we're looking for some weakness. Maybe a short against $17 or on a green-red move on the open.
ANF- Couldn't break above the 50dma and closed below the 20dma . 40% of the float is short so if it holds up it may get a squeeze higher.
HRTX- Similar to RXDX. It's up near highs after hours so it may get a squeeze Wednesday.
X- Popped out of its range today. Has a high short float so it may head higher but there is major resistance at $26.50. May look for a short there.
TTWO- Forming a nice flag after getting an upgrade. Watching it over $27.65.
JCP- Another one with lots of shorts in it that moved higher today with a nice engulfing candle. If the squeeze is truly on I will look to get long over $8.80 for a quick trade only.
KORS- Off the blog from yesterday it gave us a nice move. If it breaks above $48.75 if could run to $50. Watching it for resistance there.
FSLR- Worked pretty much as planned from yesterday's post. Looking for the same type of move again Wednesday with $50.70 support.
AMCC- Up 8% today. Over $7 could send it higher which is where it is after hours. $7.40 target.
ZAGG- Over $10.30 for continuation.
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