The market gapped up at the open to SPX 1997, then continued on to 2002 just as Europe closed today, but closed just below, to land on 1998. Short term support is at SPX 1985 and 1973, with resistance at SPX 2002 and 2019. Here is a clip of a free post I did earlier regarding some things that moved around.
We had some triggers today: ACHN was a beauty and ripped 10%, CODE popped on option activity and a takeout rumor, FSLR, UBNT, PCLN and AMGN all triggered.
I’m adding 2 names that are breakout candidates tonight.
ZEN- Buy 25.50
Buy PDLI 9.90-10.00
