May 17th, 2017 Watch-list
Hey Traders! Doji candle for the market today. Still remaining neutral until we see some conviction one way or the other. Daily chart below with key support and resistance labeled for review.
Current Stocks/ETF's on Watch:
UFS: Open Position. Essentially a doji candle on this one as well. Next key break is going to be a break and close above that 20sma. We failed to hold above that 20sma on the last push which makes it a key short term level of resistance in my opinion. Chart below with technical breakdown and buy criteria, stop loss strategy, and profit targets labeled.
New Stocks/ETF's Added to Watch:
ACCO: Chart and video breakdown below. Let me know if you have any additional questions.