Watch List April 6th

Good Morning,

Yesterday we saw a big gap up and go day for the SPY and QQQ, but we also saw thi son low volume with a green VIX. This morning we are looking at a relatively flat open for the major indices as well as the VIX. Overall, the charts are looking bullish in the short term, but I do want to be very careful about chasing all time highs here. Overall I believe that we remain in an intermediate and now short term uptrend, and I will continue to be long biased with small position size as we sit on all time high resistance for the SPY. Here are a few names that I will be watching today:


DASH and SPCE I will be watching today off of the weekly watch list


HLT took out its sma20 and vwap anchored to the February highs and has a nice TTM Squeeze on the daily. I like this on a back test of the sma20 around 123.50 for a push up to $130 0r higher


LESL just gave a 3/8/20 cross with a TTM Squeeze and took out vwap anchored to its all time highs. I like this on a back test of that anchored vwap level around $25 for a push up to $28 or higher


NTNX is consolidating nicely above its sma200 in a TTM Squeeze and is setting up for a 3/8/20 cross up. I like this on a back test of that sma20 around $27 for a push up to $30 or higher


PACB is a 3/8/20 cross with a TTM Squeeze on the daily. I like this on a pullback to $33 for a push up to $36 or higher


UAA is a get back out there name with a lot of room up on the chart. Its setting up for a 3/8/20 cross with a TTM Squeeze on the daily. I like this on a soft open that goes red to green for a push up to $25 or higher







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