us stock market, trade stock

Begin part 2 of 3

This corrects the part 2 forwarded Wednesday evening. We apologize for the inconvenience.

Upside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
AAPL 04/15 Test 20 140.25 -2.47 119.69 132.77 25M 25M 131.33
Current. At an interesting near term test as it paused here at 140 on the way up at its 10 day EMA. There is the obvious support in May. The overall trend from March to May of course remains in tact but it could be tested after this kind of run higher. This trendline is almost coincident with the early May peak and AAPL in strong shape here.

AKAM 05/11 Test BO 22.22 -0.07 21.69 24.95 2.7M 6.2M 20.17
Buy Not Issued. Stepped laterally after a nice shakeout session Wednesday back to the 18 day EMA at 21.7. Rising below average volume here with AKAM setting up nicely for more gains.

AKS 05/07 Test BO 20.09 +0.99 13.85 17.38 17K 12M 17.48
Current. Rocket in its shorts. Big move to this point and it is at some resistance from highs of January peak of 2000 and the October gap lower of 08. Big move and if it shows signs of stalling, i.e. another gap higher that starts to roll back it is worth taking some more of the short term positions off the table.

AMSC 05/26 Test 50 27.05 -0.16 26.46 32.24 498K 900K 25.96
Current. Stalling here some more just resting and wasting time. On the bubble and needs to get into shape for the move higher soon or we kill it.

AMX 05/21 Test BO 37.26 +0.43 37.68 43.42 5.3M 8M 36.78
Current. Hung in there today so left it for now as it holds its June lows here in the upper 30s but needs to hang onto supports now and get back on the move higher or we get rid of it.

APA 06/02 Test BO 83.99 +0.29 83.10 99.00 72K 5M 78.22
Current. Stepped laterally along the 10 day EMA and same trendline it held yesterday we mentioned at the late 08 highs and still on below average volume just hanging on here until volume can help it out.

APC 05/02 Asc Tri 49.42 +0.96 45.64 52.55 33K 8M 47.78
Current. Gapped higher and reached back to the 10 day EMA intraday at 48.0 as support. Closed with some modest gains here and with volume can really get going again. For now continues to take a breather.

ASIA 04/29 Test BO 21.14 -0.40 17.73 21.64 501K 1M 19.89
Current. Not too thrilled about this action as it gapped to the prior June high and faded, but it rebounded off the low as well at the 18 day EMA back at 20.5 to hold the 10 day EMA at the close. 20 is the key level for this play to hold in this test and get back on the positive side of things.

BHI 06/04 Test BO 40.65 +1.01 40.86 48.95 4.7M 6M 37.86
Entered today. Doji gap higher here for BHI for the buy on solid now rising volume. Solid step higher ready to let it uphill from here.

BNI 06/09 FlyPlat 75.35 -0.97 77.11 88.95 2.5M 4.5M 73.05
Buy Not Hit. This is what a shakeout looks like: low volume, tested below some support but tapped that prior key level in May and rebounded to the close. Holds its 200 day SMA and looks solid now for the buy once it gets back on its feet.

BOOM 05/28 Pennant 21.69 -0.41 19.57 23.95 557K 500K 20.44
Current. Short step lower here for BOOM on rising above average volume. Finishing up its test nicely and after this steady pullback BOOM is set for the move higher.

BTU 06/03 Test BO 35.67 -0.01 35.16 39.95 85K 9.5M 32.96
Current. Reached back to the 10 day EMA at 34.7 and bounced to close flat. Fell off its high as well at 36.6 and stalls some more at these June highs so needs to get with the program and press on through weak resistance here.

BTU 05/13 Test BO 35.67 -0.01 30.69 35.91 85K 10M 32.96
Current.

BUCY 06/03 Test BO 31.11 -0.21 31.98 37.95 2.6M 4M 29.74
Current. Moved along the 10 day EMA here as it rests at the 10 day EMA and price support at 30.0 at its June levels on fading below average volume. Resting here for now until trade can give it a lift and the market gets back on its feet.

CAT 05/16 Test BO 37.62 -0.62 37.11 43.95 104K 18M 34.91
Current. Short step downhill for CAT on rising above average volume. Back on the positive side once it finishes this pullback now and on rising above average volume here so will see if it can get going and break its resistance at the 200 day SMA and early May highs at 40.0ish.

CCK 05/19 Asc Bse 24.01 -0.19 24.72 27.95 1.3M 300K 22.99
Current. Stepped lower to the 18 day EMA held there after reached back to the 50 day EMA intraday near 23.5 and on the bubble here as it needs to get back on track in the Asc bse to stay on our good side now and can't have it break lower.

CE 06/06 DB hdl 22.92 -0.21 21.66 24.95 2.3M 4M 20.78
Current. Sold back to the 10 day EMA intraday at 22.0 before rebounding to close flat. On fading low volume and still in a solid DB hdl base so ready to get going higher after the shakeout midweek.

CHK 06/03 Test BO 23.92 +1.04 23.33 27.95 19M 20M 21.77
Current. Gas producers moved higher ahead of the Thursday gas report as CHK made a solid move higher through Wednesday and with high trade so looking good to keep the move going from here.

CME 05/09 Asc Tri 327.74 -5.25 257.78 284.95 858K 2M 316.08
Current. Key test here. Low volume yes, holding the June gap higher yes. If CME gaps down below that late May high at 320 then that is a run toward the 300 level. Trend not broken, still positive bias, but that is what to watch for to indicate time to sell the remaining short term positions, e.g. options.

CMED 06/08 Test BO 24.36 +0.19 23.04 28.85 710K 750K 22.32
Buy Not Hit. May not make the test as it holds some support at 24 from its early June highs. If it starts higher from this point and is closing with that gain it is a buy.

CMG 05/18 Test 50 82.99 -1.63 78.92 89.94 434 850K 83.22
Trailing Stop. Started higher but fell from there and fell hard so hit to hit the stop loss mark and got the axe. Will see how it does at the 18 day EMA now at this mark.

CMI 05/29 Asc Tri 35.81 -0.18 34.71 40.48 58K 4.4M 33.55
Current. Surged up to 37.0 and fell from there with the market making a nice shakeout and CMI still in great shape for the Asc tri move higher once this low volume flushes out.

COH 06/06 Test BO 27.85 -0.09 27.95 32.78 16K 9M 25.88
Current. Stepped laterally along the high from Tuesday and on rising below average volume so hanging here for now until volume can help it higher again in this Asc bse.

CTRP 05/22 FlyPlat 47.36 +2.12 37.88 44.88 2M 2M 44.38
Current. Nice move uphill here for CTRP on rising above average trade. Keeping things strong through early June and in solid shape to keep things pushing higher from here.

DBC 05/13 Test BO 23.97 -0.09 22.11 25.44 2.5M 2.5M 23.22
Current. Short step lower for DBC hanging over its bounce from Tuesday off the 200 day SMA. Caught up in the market shakeout here and set up nicely to get back on the move uphill again.

DE 06/04 DB hdl 45.71 -0.23 46.84 55.89 48K 6.5M 43.56
Buy Not Issued. Moved laterally along these June and May highs stalling some more at resistance. On fading low volume and needs to get things pressing higher soon with volume past this resistance now or its in trouble.

DO 05/26 Cup hdl 91.63 +0.42 79.64 89.94 4.7K 3.5M 86.58
Current. On fading above average volume Wednesday as it gave a short step higher in this Cup hdl base. Looks good trying to get things pushing uphill again and after this pit stop midweek.

DRYS 04/21 BO 7.24 -0.07 7.19 8.97 27M 35M 9.84
Current. Moved laterally along the 18 day EMA here on fading below average volume. Just resting at this testing low for now and at its 50 day EMA and late May lows and late April highs so looking solid at support.

EBAY 06/09 Pennant 17.63 -0.08 18.04 24.48 17M 22M 16.78
Buy Not Hit. Moved along the 18 day EMA on rising below average volume. Doing well holding support and needs to get back on track for the move higher here off this pullback through early June with the rising trade.

EDU 06/08 Asc Bse 61.13 +1.59 58.21 66.95 1.7M 850K 57.48
Current. The close off the high does not bother us too much. Just a little, but still worth letting it show us if it can still move off the 18 day EMA in this strong Asc bse.

EOG 06/09 DB hdl 75.25 +0.60 75.02 86.95 12K 5M 70.77
Entered today. Gave us the buy on the rising now average volume as it bounced off the 10 day EMA. Like the DB hdl base here and EOG set to keep things pushing higher through resistance from 77.5 at its early May and early June highs after this start to the recovery move.

ESRX 06/02 Cup hdl 63.07 -0.57 64.88 74.95 1.9M 4M 61.21
Buy Not Issued. ESRX on fading low volume as it sits at the 18 day EMA as support. Looking good at support for now just taking it easy at supports until volume picks it back up to get the Cup hdl base going again.

ESRX 04/27 FlyPlat 63.07 -0.57 61.11 69.95 1.9M 4.8M 62.38
Current.

FCX 03/05 Asc Bse 59.89 +0.93 33.58 38.95 79K 28M 53.11
Current. Doji gap higher here for FCX on rising above average trade. Still in a solid Asc bse and after this doji gap higher FCX can really keep things going in this push uphill through early June from this hangman doji.

FCX 12/10 Trnd Rv 59.89 +0.93 24.41 29.85 79K 26M 53.11
Current.

FLEX 06/06 DB hdl 4.27 +0.06 4.24 5.44 6.6M 9.8M 3.82
Entered today. Gave us the buy with its step through Wednesday. Quiet gains and on just below average volume but in solid shape in this DB hdl base and cracking through its early June and early May highs here.

FSLR 06/03 Rolling 186.75 +3.87 180.00 198.00 3.4M 4.5M 174.68
Current. Nice test and hold of the gap up point from late April on Monday and starting higher again on good volume. Powerful gap that one from April and FSLR still feeling it.

FSLR 05/18 Test BO 186.75 +3.87 189.22 214.88 3.4M 5M 192.32
Current.

HAL 05/28 Dbl btm 23.36 +0.42 23.62 29.88 48K 20M 21.97
Current. Short step uphill here for HAL on below average volume as it steadily gets going higher through early June. Like this Dbl btm base but needs volume to break through the 24.0 mark at its early June high and 24.3 at its early May peak as well.

HITT 05/29 Test 50 36.67 +0.02 36.17 41.88 122K 325K 35.11
Current. Nice shakeout for HITT with the market Wednesday on low volume testing the 10 day EMA at 36.0 and bouncing. Looks good here once volume helps it out to break through resistance from 36.0 at its June highs and then 38.0 at its late April peaks.

HMSY 05/06 Cup hdl 35.56 -0.44 34.43 39.95 185K 600K 35.58
Trailing Stop. Sold off the 10 day EMA for modest losses on below average volume and tripped the stop loss mark on the way down. Have to kick it off for now will see how it tests key support at 34.0 at its 50 day EMA and mid-late May lows.

IBM 04/13 Test 20 108.35 +0.21 101.53 114.88 142K 15M 104.91
Current. Reached back to the 10 day EMA at 107.05 and rebounded to close positive. Just below average volume but in a solid Asc bse no less and looking solid to keep things pushing higher from here.

ICE 05/07 Test BO 114.74 -3.10 94.89 111.65 27K 3M 108.89
Current. Very volatile intraday the past week and day to day as well. The early June high (second session at 115.16) is turning into a key area of support as ICE continuing to hold here and can't complain with ICE setting up nicely for its next move higher but needs to take care of business at support first.

IDXX 06/08 Test BO 44.58 -0.22 45.14 51.95 410K 700K 42.94
Buy Not Issued. Stepped laterally along the 10 day EMA at this pullback low for June in this Asc bse. Hanging here near 44.0 and with volume looks good to get back on its feet.

IDXX 05/16 Test 20 44.58 -0.22 41.65 47.55 410K 700K 41.87

ILMN 05/06 Asc Tri 37.85 -0.47 36.48 41.55 1.6M 2.2M 36.11
Current. Sold back to 37 to test its highs from mid-late May and the gap from early June in the shakeout before rebounding to hold its 10 day EMA at the close with a short step lower. Needs to hit the brakes approaching the key 18 day EMA and mid-late May highs just above 37.0.

IR 06/06 Pennant 22.42 -0.41 22.93 26.55 333K 7.5M 20.57
Current. Stepped laterally along the June highs here at 22.4ish and the early May highs at 24.0 as well holding it down a bit. Rising above average volume and needs to get things whipped into shape now and pop uphill from these June highs and break resistance.

JACK 06/01 Test BO 25.76 -0.71 27.89 32.35 793K 1M 25.38
Exited. Sold off the 10 day EMA as resistance and continues this test back through June but had to see it rebound off its close at the 18 day EMA Tuesday and couldn't do it so got the axe.

JOYG 05/22 Asc Tri 41.27 +0.27 32.27 37.94 5.3M 5.2M 37.42
Current. Short step higher here for JOYG steadily continuing higher but fell off its high from 42.2 intraday to close with some quiet gains. Has fading above average trade and will see if it can keep things going higher from here.

JPM 05/13 Test BO 34.84 -0.42 36.74 42.95 279K 125M 34.17
Current. JPM on the bubble after this step lower through the 18 day EMA. On low volume and at its support from the May lows and 50 day SMA so time to get the job done or it gets cut.

MBT 06/08 Test BO 40.00 -0.66 41.65 48.55 1.6M 2.7M 38.92
Buy Not Issued. Started higher up to 42.5 and fell from there back to the 18 day EMA and now at key support here so time to hold its ground or its in trouble.

MBT 05/27 Rolling 40.00 -0.66 38.54 44.94 1.6M 3M 39.74
Current.

MEOH 06/04 Cup hdl 13.65 +0.34 13.08 15.78 781K 875K 12.28
Current. Short step higher here for MEOH on rising above average volume and like this Cup hdl base as well so looking good to keep things pushing uphill from here.

MON 05/16 Test BO 85.85 +0.78 92.38 103.98 124K 8M 87.48
Current. Decent recovery off the tap back at the 200 day SMA intraday to 84.0, but it is moving into the range of resistance from 85 to 88. If it stalls here after filling that late May gap lower between 82 and 85 then it is a sell.

MOS 05/28 Test BO 55.28 +1.55 56.38 64.95 39K 10M 52.43
Current. Doji gap higher here for MOS on rising just below average volume. Getting the recovery move going nicely here and looking good to keep up the good work with this rising trade.

MPWR 04/10 Test 20 21.93 +0.33 18.88 22.94 357K 625K 19.91
Current. MPWR continuing the move uphill here on fading below average volume from Tuesday's surge off the 18 day EMA. Like the Asc bse and MPWR now at key resistance from its lows of May 08 and the April highs the month before. Gapped off this mark back in September of 07 as well so MPWR has its work cut out for it here.

MRVL 05/26 Asc Bse 12.92 +0.08 11.85 14.00 21M 17M 11.49
Current. Short step higher here for MRVL after a nice intraday shakeout reaching back to 12.3 and rebounding. On above average volume still and ready to continue higher in this Asc bse.

MU 06/06 Cup hdl 5.86 +0.28 5.62 6.97 47K 25M 5.27
Current. Nice move uphill here for MU in its Cup hdl base on the rising above average volume. Solid push uphill and like the volume here with MU set to keep things positive from here.

MXIM 05/21 Test BO 16.54 -0.20 14.81 16.98 3.7M 8.5M 15.88
Short step downhill here for MXIM on fading low volume before it bounced off its tap at the 10 day EMA back at 16.17 and rebounding to close with some light selling. Not much trade in this quick test and shakeout so looking for MXIM to back on the positive push now.

NETL 06/08 Cup hdl 38.12 +0.29 38.21 42.95 354K 975K 35.39
Current. Doji step higher for NETL after reaching back to the low from Tuesday at 36.9 and looks good in this Cup hdl after the breather here to continue on higher soon. Needs volume first to really get things going though and break resistance from its early may and early June highs here at this mark from Wednesday.

NETL 05/07 Test BO 38.12 +0.29 33.78 40.45 354K 1.1M 35.39
Current.

NFLX 06/01 Asc Bse 37.86 -1.15 41.22 49.32 2M 2.5M 37.55
Buy Not Issued. This play needs to fall like a stone. Expiration is next week on Friday as it continues to get worse and worse and Wednesday it just sold off the 18 day EMA for some hard losses. Getting some downside momentum here so have to drop it now.

NKTR 05/29 Test BO 6.34 -0.14 6.89 8.45 678K 1M 6.38
Exited. Stepped lower off the 10 day EMA and continues to let loose on the selling ignoring support from its 18 day EMA which it held Monday and Tuesday. Had to see it continue to hold there and couldn't do it so got out of NKTR here.

NSM 05/27 Asc Bse 14.71 +0.14 13.59 16.35 9K 9M 13.78
Current. Short step higher here for NSM on rising above average volume. Like this rising volume and got a nice hangman doji here for the shakeout so set up nicely for the move higher from here.

NVLS 06/02 Test BO 18.26 +0.06 18.33 21.99 2.9M 4.2M 17.11
Buy Not Issued. Doji step uphill here for NVLS on fading below average volume. At resistance from these highs of late April and all over May so has some work to do to get on our page.

OPLK 05/27 FlyPlat 11.99 +0.01 11.81 13.95 128K 175K 11.56
Current. Doji step laterally along the 10 day EMA and on rising now average volume. Momentum slipping back as it continues higher through June so ready to see OPLK pick up the volume and continue on its way with some muscle.

OXY 05/21 Test BO 69.27 +0.23 63.24 72.78 42K 10M 65.89
Current. Stepped uphill to the highs from early June after a tap back at the 10 day EMA intraday. Nice shakeout for OXY and in good shape to get things going uphill again from here with the solid rising volume.

PCU 06/03 Test BO 24.10 +0.20 21.44 24.98 266 6M 21.96

PCU 05/19 Pennant 24.10 +0.20 20.41 24.98 266 6.5M 21.96
Current. Short step higher for PCU on fading below average volume. Tested back intraday as well to the early June highs at 23.5 and looks good to keep things going uphill from here especially with the market setting up nicely for some more gains.

PLT 05/02 Pennant 17.22 -0.03 13.01 15.65 389K 875K 16.98
Trailing Stop. Hit the stop loss mark intraday with its deep reach lower to 16.7 and got the axe so need things to set up from here now off support from its 18 day EMA at 17.0.

POT 05/08 Test BO 117.34 +1.80 96.01 109.94 8.1M 20M 109.32
Current. Doji gap higher for POT on rising now above average volume. At the highs from late May and early June here just under 120.0 so needs to keep up the rising volume and the positive action to get through the rough spot.

POT 04/27 Rolling 117.34 +1.80 82.64 89.95 8.1M 12M 109.32
Current.

QCOM 05/27 Rev HS 46.07 +0.04 42.69 48.94 14M 24M 43.87
Current. Doji step laterally along this June high. On fading below average volume and in a nice Rev HS base so looking for QCOM to keep things going from here after the shakeout Wednesday with the market.

QLD 05/22 Rolling 39.09 -0.31 32.81 35.93 53K 30M 37.69
Reached back to the 10 day EMA at 38.0 and bounced from there at the prior June intraday lows and its early month high at 38.0. On rising below average volume so in good shape to get going uphill again soon. Nice.

QLGC 05/27 Rev HS 13.87 +0.13 14.02 16.45 2.6M 4M 13.08
Buy Not Issued. Surged up to 14.17 and fell off the market thanks to the market shakeout here and QLGC looking to hang here a bit longer near its June testing low in the upper 13s at its 18 day EMA and 10 day EMA. Like the rising trade and the Rev HS base so QLGC looking solid for some more upsides soon.

SCHN 05/14 Test BO 61.20 +2.95 49.54 56.98 1.3M 900K 55.81
Current. Nice high trade for SCHN as it continued the bounce from Tuesday for some solid gains. Keeping things running uphill from here on great conditions for the breakout.

SIGM 06/04 Test 50 15.64 -0.42 15.91 19.72 484K 975K 14.84
Buy Not Issued. Gave back the gains from Tuesday in the move downhill here midweek with SIGM back at the 10 day EMA now. On below average volume and looking to hang here a bit longer until it can get a move it can handle with stronger trade for the buy.

SIGM 04/29 Pennant 15.64 -0.42 13.14 16.22 484K 1M 15.38
Current.

SINA 05/20 Test 20 30.06 -2.87 29.58 33.95 5.5M 2M 30.89
Trailing Stop. Gapped well lower on Wednesday and hit the stop loss mark with ease. Held its 18 day EMA as resistance at the close as well and no choice but to get out of this one.

SLB 05/19 Test 18 59.27 +0.42 54.97 62.95 56K 16M 56.11
Current. SLB still in a solid DB hdl base with its rising just below average trade. Struggling a bit from the early June highs as resistance in the 59s, but ready to really get going soon with the rising trade.

SLB 04/27 Test BO 59.27 +0.42 49.00 55.95 56K 15M 56.11
Current.

SLG 04/25 Cup hdl 24.41 -0.51 18.86 25.88 2.9M 6M 23.64
Current. Pretty classic test here with SLG back at its 18 day EMA. This is where it needs to bounce though so have to see it take care of the job now.

SNDA 05/28 FlyPlat 63.32 -0.34 57.47 65.95 845K 1.8M 58.76
Current. Reached back to the 10 day EMA intraday at 61.5 and bounced to close flat at the highs of June. Nice shakeout and things shaping up nicely for SNDA to get back on the move higher from Tuesday.

SNDK 06/06 Asc Bse 16.16 -0.28 16.42 19.45 7.3M 11M 14.98
Current. Reached lower intraday in the market shakeout to the 10 day EMA at 15.6 and rebounded from there to close at these May and June highs. Resistance here it needs to deal with and can do so if it can get another move like Tuesday for some strong gains with strong volume as well.

SOHU 05/22 Test BO 69.26 +0.39 54.77 64.95 1.5M 3M 65.38

SOHU 05/07 Test BO 69.26 +0.39 55.38 64.95 1.5M 3M 65.38
Current. Short step higher here for SOHU on rising below average volume. Keeping things steadily going higher and like this rising trade along with the intraday shakeout and hangman doji ready to lead it uphill.

SPIL 05/09 Test 18 6.97 +0.02 7.27 8.96 2M 2.6M 7.04
Current. SPIL on the bubble now with this tombstone doji at its 50 day EMA and May lows. On fading below average volume and needs to bounce or we get rid of it.

SPN 05/19 Test 18 22.89 -0.03 22.10 28.45 228K 1.8M 22.44
Current. Stepped laterally along the 10 day EMA here on rising below average volume after it rolled over from its session high up at 23.7 with the market shakeout here Wednesday. Staggering near this testing low in the low 20s until volume and the market can give it a helping hand higher.

SSO 05/22 Rolling 27.38 -0.09 24.68 26.85 100K 85M 26.98
Short step lower here for SSO on above average volume to the 10 day EMA here stalling at these June highs some more and waiting to see the market come out of this shakeout now and take things higher with SSO in solid shape for the move.

STJ 05/16 Asc Tri 38.44 -0.63 37.55 43.65 27K 4.8M 38.48
Trailing Stop. Surged up to 39.7 before the market shakeout pulled it lower. At the 18 day EMA and early May and late April highs and needs to hold its ground now or it's in trouble.

SU 05/21 Test BO 35.23 +0.19 31.33 37.85 200 15M 33.78
Current. On fading just below average trade and gave a short step higher here Wednesday. Ready to get going higher all that kept it down was the market shakeout so SU looks solid.

SY 05/19 Test 50 33.34 -0.12 34.02 39.48 6.4K 2M 31.98
Current. Sold back to the 50 day SMA on low volume back at 32.7 testing the moving average and its late May lows before the rebound to hold its 18 day EMA at the close. Looks solid at support and here and after this low volume shakeout SY is in good shape for the move uphill.

TQNT 05/18 Asc Tri 5.72 +0.15 4.08 5.22 2.4M 2.2M 5.28
Current. Gapped higher closed off the high. It is over our target, we have taken some gain already. Up 40% on the stock alone. Worth taking some more off the table if it cannot push higher right here.

TTEK 06/09 Test BO 26.87 -0.38 27.66 31.94 588K 600K 25.72
Buy Not Hit. Sold back to the 18 day EMA at 26.0ish and on just above average volume as it tested intraday and tapped its late May highs as well. Like the test and holding its 10 day EMA as support so looking for TTEK to get the move back on track from this test but needs to hold up here first.

TYL 05/05 Test BO 16.37 -0.18 16.35 20.45 441K 575K 16.41
Trailing Stop. Hit the stop loss mark in this hard turnover from its intraday high up at 16.05. Got the axe and on above average volume so will see how it doest at support at 16.0 from its 50 day EMA and gapping low from late April.

UCO 05/20 BO 13.90 +0.53 10.50 12.88 2.6K 9M 12.64
Current. Doji gap higher against the market shakeout here Wednesday. Rising just below average volume here as well and UCO looking solid to keep things going higher. Not bad.

UPL 05/12 Test BO 46.89 +1.23 48.41 54.95 339 3M 45.38
Current. Nice rebound off the 18 day EMA intraday back at 45.8 for some modest gains to the close. On fading below average volume and getting back on track for this move higher but has to deal with key resistance from its early June high October 08 gapping low and November 08 highs all at 48.0 first.

V 05/13 Test BO 69.27 +0.64 65.78 74.94 1.5K 13M 66.88
Current. At an important juncture here, testing the early May peak, some big upside and big downside volume this month. Could just simply test some more and that would be fine, but if it gaps below those early May peaks at 68.0ish that could be trouble.

V 04/10 Test BO 69.27 +0.64 60.82 69.95 1.5K 12M 66.88
Current.

VAL 06/02 Test BO 23.24 -0.07 23.78 27.95 452K 1.2M 221.4M
Buy Not Issued. Stepped laterally along the 18 day EMA on fading low volume. hanging at the late May lows here as well in that consolidation range along the 23s and upper 22s so needs to continue to hold its ground and get back on its feet with the market.

VARI 05/26 Asc Bse 38.52 -0.07 36.24 41.88 364K 450K 36.98
Current. Stepped laterally along the June highs here. On fading above average trade and still in a nice Asc bse but without trade it can't get much farther. Set up nicely to get going but needs a bit more trade and the market to get its move going as well after this shakeout.

VSEA 06/09 DB hdl 25.63 -0.02 25.82 29.88 778K .8M 38.04
Current. Doji step laterally on fading below average volume from the high of Tuesday. Nice DB hdl base and ready to get going again soon once trade helps it out.

WFC 06/04 Pennant 24.91 -0.75 25.66 29.95 428K 200M 23.63
Buy Not Issued. Short step lower for WFC on rising low volume. At the 18 day EMA now and at its late May lows so needs to hold its ground or its in trouble.

WFR 06/02 Test BO 20.86 -0.03 20.12 24.98 17K 8.5M 19.08
Current. On average volume here with its turnover off the session high at 21.3 and closed flat at the Tuesday high and its early June peaks as resistance again at 21.0. Has not been able to break through yet and needs to take care of business.

XME 06/03 Test BO 41.76 +0.38 39.73 45.95 3.7M 3.14
Buy Not Issued.

XME 05/22 Test BO 41.76 +0.38 36.06 42.88 3.7M 3.5M 38.04
Current. On fading above average volume with a step laterally at the close after falling from its session high at 42.4. Bounced from its session low as well back at 40.7 and looking good for some more gains from here off the shakeout.

XTO 05/14 Test BO 41.64 +0.38 41.71 49.85 198K 12M 41.77
Current. Bounced off the gap upside but struggling at some interim resistance near 42. If fails here and makes a lower high that is not really a positive development as the pattern turns more into a pennant and is back to having to test and hold 40ish again then try again.

Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
NFLX 05/13 HdShldr 37.86 -1.15 36.76 34.04 2M 3M 39.22
Current. Sold off the 18 day EMA for a great move lower with above average volume and looking to keep things rolling lower.

POT 05/20 Put 117.34 +1.80 113.74 105.76 8.1M 12M 114.72
Current. Doji step higher here on rising now average volume. At resistance now from tis early June high and late May peaks as well so needs to hold.

SPY 04/24 Put 94.40 -0.24 86.65 80.42 1.2M 350M 87.22
Current. Holds its ground here near the June highs as key resistance along with the SP500 and need to see SPY hold its ground now and get the move going lower.

SPY 04/22 Put 94.40 -0.24 84.05 80.42 1.2M 350M 85.69
Current.

End part 2 of 3

us stock market
trade stock