If the Market is on Yayo, Then We Must Look at Zayo

All in all, today shaped up as a hangover of sorts after the Apple event yesterday, despite some fireworks with China electrical car play KNDI rallying but EFC and iRobot tanking. 

Still, it is tough to become too bearish on the Nasdaq when it is not giving much back off its recent gains. And if we do continue to chug on higher, a name like ZAYO makes a lot of sense on the long side to keep in mind for tomorrow. 

The telecom infrastructure play, below on the daily chart, ought to be moving nicely up and out the highlighted consolidation if bears fail to make a dent in this tape before the weekend.