I'll Buy That

Green hammer on the 15-min chart, I'll buy it any day

5-min breaks down as such; entry off the break of the 15-min hammer bar's high, exit as resistance.  Second entry based on inverted H&S, exit at 100% projection of the initial wave

to watch

Worth keeping an eye on this descending triangle in MON

and potential Head & Shoulders pattern in MEE

quiet day

The only thing I traded today was MON.  Two shorts, one for about 45-cents the other for 20-cents.
The first short trade was an "Avalanche" setup (Not that I'm recommending you buy it, you could just ask me about it :)  Price found support at the 50% retracement of the opening range.  Couldn't really expect more out of it with such a strong impulse off the open and strength in Ag. names today.
The end of day was a scalp following a big sell order.  Had my sell short order in at $62.09 (a low volume node) and pulled it 30-min before it tagged $62.09 and large volume sent it back to vwap.  Live and learn.

Talk My Book

For the case of MON short
First the weekly:
A Falling Three Method Candle pattern and the past week was rejected from a 2x momentum bar

Doing some Fib. Projections;
-Measuring A to B and projecting off of C to get a 50% projection.
-Measuring C to D and taking the 50% projection and
-Taking a 100% extension of C to D we get a confluence of resistance that was quite thoroughly tested.  While eyeballing a support level $62 area was a fair resistance point previously:

On the Daily we have:
-A bear flag
-Strong volume on the sell-off
-3/10 macd signaling a first cross sell signal (4c criteria).
Below price we have the 200-day MA and a 50% midpoint from a 2x momentum day, right around the $62 level.

Adding some Fibonacci projections:
A-B-C 100% extension
C-D 50% projection
D-E 100% projection
All converge at the 200-MA  & 2x momentum bar midpoint at the $62 level.