[isatrader]

$CF showing good RS versus the market and testing the near term resistance at the 70 level

   

Update: [10:21 EST]
Trying this one on the long side at 69.60

---

S&P 500 intraday range. Chance of a Phase C developing, with higher low, local spring.

   

---

$MDRX from the watchlist holding up in the upper half of the Significant Bar range so far.

   

---

$GSL potential weekly engulfing candle if it can close near the highs today.

   

---

Marine Transportation has been one of this wks leading sectors with multiple stocks up over 10% and with around 1/3 with an RS rating in the top 10% of the market. $DAC is one of the strongest in the group, but currently in double top range. So be watching for a backup to develop.

   

---

$FICO is a new one for the watchlist today with large earnings surprise of $3.70 EPS vs $2.66 EPS estimate. So is putting in a Earnings Gap Significant Bar on strong relative volume.

   

---

$MA and $V with Earnings Gap Significant Bars (SB) today. MA showing better RS as it is already through its 200 day MA, but both moving into resistance zones. So I will be watching how they develop around the SB in the coming days.

   

---

$ZIM also in Marine Transportation group with the strongest RS overall. At potential double top resistance. So might need to back and fill a bit. But not extended as under the +2x ATR level. So room to move higher within the normal range still. Bullish engulfing candle on weekly.

   

---

$CNXC double bottom breakout attempt. But stopping at prior resistance, so could need to back up and tighten up a bit.

   

---

If the todays market move does get some follow through next week. Then beaten down growth stocks at Undercut & Rally areas like $AFRM could have strong reaction moves back towards resistance and short term MAs.