The market was unable to continue higher today and we saw a fairly broad yet mild pullback.The bulls did not give up without a fight however: they stepped in exactly where they needed to and successfully defended the 2100 level. Tomorrow we will see if they can continue to hold this line.
Here are some of the setups I will be watching tomorrow:
ADMP - Bullish bounce off support and the 20dma, now needs continuation through 7
AXAS - Controlled pullback to support with a bounce off the 3 level, now needs continuation toward 3.50
CRIS - Hyper extended on daily, but flagging like it has another leg higher coming up
CYTK - Constructive sideways consolidation around the 8 level, now needs a push through this level with conviction