Hard to call what the indices have given us.  But, it looks, to me, like a 5 wave decline and now consolidation.  NDX did double top and pulled back.  But, it is not giving direction one way or the other.  

Long:

AAXN: From my watch list last night with day trade targets of $36.00 had a nice follow through, trading as high as $39.74 and closing at $37.69.  If it trades though today's highs I would expect this stock to trade to mid range around $45.  But the top of the channel comes in at $55.00.  Short ratio, 28.8 days to cover so the squeeze may be on.

Short:

BITA: Stock I had wrote about when it broke $37 and traded down to $25.00  It bounced to $33.00 and now has rolled over again.  Look to short below $27.40 with targets of $25.00 and $23.00.

MNST: Big drop today from $63.50 to $54.00 closing at $54.22.  I would look to short below $54.00 with $51.00 as the target. 

OSTK: The stock is at the down trend line and broke lower at $58.00.  If it bounces back I would look to short at that level.  In the alternative, look to go short below $53.40 with price targets of $48.50 and $44.00.

SOHU: Stock has come down hard from $70.00.  Formed a bear wedge and dropped again to $32.00.  From there it made a weak bounce. Look to short under $32.00 with $25.00 as the price target.

UCTT: Chart reminds me of AAOI.  It is now bear wedging.  Look to short below $19.00 with $16 and $13 as price targets.