Peter's Daily Watch List December 5th

Good Morning,

The market gave us a bonce off of the recent pullback yesterday and we saw the VIX ease a bit after the recent pop earlier this week. This morning we are seeing a modest gap up in the premarket so far, and we will need to see if this wants to hold today. Big spots to watch for the SPY today will be the sma20 and ema8 on the daily. and I will also be watching the sma50 on the VIX as well as the $15 level. Here are some names that I will be watching today:


CROX held its sma50 nicely earlier this week and is trying to regain its sma20 now in a TTM Squeeze. I like this over 36.14 for a move to $37 or higher


GWPH has a catalyst later trhis week and is setting up for a 3/8/20 cross. I like from 106.50 to $107 for a move up to $110


FNKO is in a nice reversal pattern with a TTM Squeeze on the daily. I like this over 14.66 for test of $15 and possible move up to the ema34 around $16


BRBR is a recent issue showing a ton of strength. There is a nice double top at 20.90 and I like over that level for a move to $31 or higher


MWA had a 3/8/20 cross recently and is going into a TTM Squeeze. I like this over 11.56 for a move to $12 or higher


SERV had a recent 3/8/20 cross and looks ready for a move higher after some consolidation. I like this over 39.71 for a $40 test and possible move up to $41













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