Peter's Watch List September 5th

Good Morning,

Well the market sure seems excited about the US China trade talks getting scheduled for October according to the Chinese side. We are having a strong gap up for all the major indices, which is great if you are holding long positions into today, but always makes for challenging entries on any new trades. My plan is to be very patient at the open and let the market settle in for the first 30 minutes of the session. Most likely I will be focused on my five minute control candle and reversal setups today starting at 10 AM. I do have a short watch list, but I don't want to chase these names out of the gate this morning:


SYNA tested its sma200 recently and pulled back off of it before finding support at its sma50. It is now looking ready to take another run up towards the sma200. I like this over $34 for a move to $35 or higher


OSW is a newer issue that broke some resistance yesterday on very high volume. I like this over yesterday's high of 16.52 for a push up to $17 or higher


SAIL has a TTM Squeeze on the daily and a nice gap above. It has taken out its sma50 and sma100 and looks ready to head up towards its sma200. I like this over 23.10 for a move up to $24 or higher


SFM has been in a nice bottoming pattern with a TTM Squeeze on the daily. I like this over 18.39 for a move to $19 or higher









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