Watch List April 29th

Good Morning,

Yesterday we saw a lot of expected volatility around the FOMC announcement and press conference and ultimately the market just moved sideways again. This morning we are looking at a gap up for all of the major indices with the SPY towards a new all time high if the gap up holds. At 8:30 AM Eastern we have jobless claims numbers as well as GDP, and both of those have the potential to move the market. Overall the charts still look constructive, but caution is warranted at all time highs. Here are a few names that I will be watching today:


BMBL made a strong move on heavy volume yesterday in a TTM Squeeze on the daily. I like this on a soft open that goes red to green for a run into earnings on May 12th


DOYU is setting up a nice reversal with a TTM Squeeze on the daily. I like this from 10.25 to 10.50 for a push up to the mid to high $11s


EXPE is consolidating nicely along its sma20 and vwap anchored to the recent highs in a TTM Squeeze on the daily


REAL made a strong move through vwap anchored to the February highs on heavy volume in a TTM Squeeze yesterday. i like this on a pullback and hold of the $25 level for a push back up to the February highs


URBN is a get back out there name that is consolidating nicely along its sma20 and vwap anchored to the recent highs. I like this on a pullback to those levels for a push up to the recent highs

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