Technimental_Trading

Technimental_Trading

Top performer within industry group giving it a strong relative strength above 90. Positive EPS growth (12%) and strong sales growth (88%) since past quarter. Healthy volume contraction. Wait for downward trendline to break with solid volume. Buy area: $35.40-$35.50 (above highs of October 29th) NASDAQ:DADA

Technimental_Trading

SPY has been put higher lows over the last hours of trading, A good catalyst like the Fed Meeting will make it break through the 237 Level; it will encounter some key resistance level @ 237.30 (near 200 SMA), but keep in mind that in the big picture, SPY has a powerful uptrend

Technimental_Trading

Facebook short-term outlook seems bullish. Powerful uptrend and keeps posting higher lows.