Day Trading Watchlist for 9/19/14
Okay, so Friday is
The Real Alibaba IPO day. Apparently it was moved from 9/18 to 9/19. YHOO had a big fade this morning. Hopefully we get something like that again when BABA opens for trading. The YHOO/BABA duo is my top watch.
YELP - Looks like it's bear flagging on the daily. You've got both the 50-day and 200-day moving averages below, but this one seems to crisscross them a lot.
AOL - Intraday bull flag break. Rumors that it's a Yahoo! acquisition target.
AVNR - Looking for another failed run to 13 and fade. I think this will peak out somewhere and settle a little lower like FOLD did. But be aware that it might do another push above 13 before it settles.
TKMR - Acting like it wants higher.
PAYX - Starting to break out of consolidation ahead of earnings. Swing trade idea. Looking to get in on r/g.
SCTY - This looks like it might be bear flagging similar to YELP.