Get ahead for Monday May 17, 2021
May 16, 2021The indices caught a nice relief rally on Friday that definitely made us feel better. It was however on much lower volume than the previous sell days so we can't get too excited from one day of green and the QQQ still closed slightly below the 50ma.The good news is that there are some good looking setups on the long side in names that pulled back after recent breakouts, as well as some potential bottoming plays in names that have been beaten down for months but are showing signs of turning the corner. Lot of charts for tomorrow's watchlist. Have a great start to your trading week!