If leading technical setups like $ PRLB, $ URI, $ SODA, $ AMBA, $ ALNY, $ DGI, $ CHUY, $ PHM, $ DHI, and $ AMZN begin to roll over, and the broad market suffers just one more ugly «distribution day,» it would be clear signals that the current stock market rally may be
entering at least a short - term correction.
Strong resistance ahead
at $ 16 and
at $ 18, and
short - term traders should wait for
at least a move above $ 14.50 before
entering new positions, while investors could still add to their positions here.