SPX: Monster move taking us to a higher high… After this recent move higher, I expect markets to rest a little. Not saying there won’t be trading opportunities, but just take notice that we just made a sizable move higher and I doubt we see another huge green candle printed today. Like to see SPX hold 1560-1570 range overall if we pull a little.
LEAP: Breakout watch… LEAP can dance if she catches a bid, watching for a break over 6 and squeeze to 6.20 then 6.50.
GRPN: Told folks in chat yesterday this would be on my watchlist… Broke out of that daily flag yesterday and I think as long as we hold 6.10 level this has a shot at 6.50 today. Took some shares o/n after hitting it for a decent daytrade.
AOL: Pretty nice cup & handle on daily… This may take a couple days to play out but watch this for a break-out to the upside. Near term I want to see this hold 38.70 level to set up a move to my target…42
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