Watch List April 30th

Good Morning,

What a crazy day for the market yesterday. We saw a big gap up, a steady all morning pull, and a afternoon rally back to highs all on no news and very little in the way of clean technical signals. This morning we are seeing a gap down in all of the major indices and a bit of a spike in the VIX. Overall I remain a bit cautious as we are ending the month near all time highs and heading into some seasonally weaker months for the SPY. Here are a few names that I will be watching:


BMBL I still like but now on a back test and hold of the sma20 for a push up to $66 or higher


CRSR is setting up an inverse head and shoulders with a TTM Squeeze on the daily. I like this on a back test and hold of the sma20 for a push up to $36 or higher


PBCT is consolidating nicely on its sma20 and vwap anchored to the recent highs. I like this on a pullback to 18.25 for a push up to $20


REAL from yesterday I still like but now on a pullback and hold the $25 level for a push up to $28 or higher


OCGN is in a nice consolidation after a big move up last week. i like this long at 11.50 for a push up to the mid $13s or higher





16 views0 comments