Market Analysis for Trading on 5/23/19

Mish Schneider | May 22, 2019

New E-Health EHTH (ATR: 3.64) Although I hesitate to give any new longs, let’s look at this as an active trade. After holding the 50-DMA and with an inside day, a move over 66.14 could take this to 70.00 or higher. Risk-61.74 Existing Positions New Age Beverage NBEV (ATR: .19) Long at 5.45 area Sell Stop: 4.74 First Target: 6.74 area TWM (IWM Ultrashort) ATR: .58 Long at 15.40 Sell Stop: 14.79 First Target: 16.57

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