Equities on Track 04/06/14

IMAX - could definitely head lower and test the 200dma and 50dma. Notice the failed breakout.

LYV - popped back above the 50dma but then gave it all up. Could have triggered short entry under 21.5 or 21.25. Looks like it heads lower.

WWE - under 27 and this could see 24's. Notice how it was riding the 20dma and is now trading under it.

WFC - held up nicely despite lousy market. Have to watch action on Monday.

BAC - definitely looks like it is headed lower. May try to push back above 50dma, but this could test 16 soon.

C - want to short this under 47 with target of 45. May scale out to protect profits.

BAP - finally looks ready to pullback. Hitting overbought levels and resistance. Breakouts have been failing and this one could too. Short or stop at 145.

V - tested 205 as expected. Let's watch.

MA - may bounce a little off 200dma. So short on pops. This looks like it wants to test 67. Stop above HOD.

PAY - could test 32 or 30. Looks like it is resting for another move up.

TZA - could buy on here or on dips with an add above the 50dma. Looks like it wants to start trading above the 50dma.

AAPL - watch the 50dma

FB - looks like it will test 55 and under.

LNKD - looks liek it wants to test YTD low of 160

EBAY - watch the 200dma

DANG - watch the 50dma

BIDU - looks like it wants lower, but may flag too.

TWTR - still think this is cheap here. Stop under 40 - this is a long swing play.

TSLA - stop under 209 - buy back around 20 or 195.

F - missed the 15.55 entry.  Now watch. Notice recent death cross.

ORLY - watch.

AAP - watch. Not sure volume justifies the price action.

FLSR  - watch.

TSL - looks like it wants to go lower.

CSIQ - could head lower as well. Watch support.

CANV - might be cheap here.

Thoughts for 04/07/14

AXLL - seemed to hold up despite a lousy market. Could buy on dips near 47 with a stop near 45.5. Watch for false breakouts, but 49 and 50 are key levels.

ITUB - watching this since it looks like it needs to rest. This could pullback to 14.65 area. Let's see if 15 holds. Watch for false breaks.

RPAI - at a key level here for a break, but notice doji like candle and declining volume over last few days. Might need to rest a little before another leg up. Could go sideways. 14.90 is key.

DGI - could easily head lower. Watch for LOD break.