Peter's Watch List November 18th

Good Morning,

We are seeing yet another gap up open for the major indices, although as I type here just before 7 AM Eastern, it is a rather modest gap up. IT is also worth noting that with the major indices up, we also have the VIX up in the premarket. Last but not least, it does seem that things are starting to get very serious in Hong Kong, and this is something that I will continue to monitor to see if the market ever starts paying attention to this. I will mostly focus on the weekly watch list names this morning, but I will also be watching the following names today:

ONVO made a strong move out of a flag on volume Friday and may set up for continuation today. I like this over .45 for a push up to .50

NTRA is in a nice TTM Squeeze on the daily as it consolidates below recent highs. I like this over $40 for a test of $41 and possible breakout

LB has a nice TTM Squeeze on the daily as it heads into its earnings report on Wednesday after the close. I like this over 18.20 for a push up into the mid to high $18s

KL is a gold name that made a nice move last week before pulling a bit on Friday. I like this on a pullback to its sma20 and hold of that level and move back up. Ideally I would like to pick this up in the low $46s

5 views0 comments