Like I said in the previous post, by many measures the market is short-term extended, sideways to down action would be healthy and there's a limited amount of decent risk reward entries.
With that being said, OLED, LC, FELP, PI, YRD, EDIT, are the names on my long only watch-list today. I have an interest in these names if and only if they go through their previous day high.
Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463.
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