Watch List August 6th

Good Morning,

Yesterday we saw the market push up to new all time highs and this morning we are pointing to a relatively flat open as I type at 7:30 AM Eastern time. That could all change at 8:30 when the employment report comes out, but for now the market continues to look strong as it sits on all time high resistance. Here are some names that I will be watching today:


KRE is the regional bank ETF and its is very close to a 3/8/20 cross up with a TTM Squeeze on the daily. I like this on a soft open that goes red to green


NNOX has a 3/8/20 cross up with a TTM Squeeze on the daily. I like this on a soft open that goes red to green for a run into its earnings next Tuesday


RRR has been consolidating nicely along its sma20 in a TTM Squeeze on the daily. i like this on a pullback to the sma20 around 40.50 for an eventual push up to $45 or higher


TSCO is setting up for a 3/8/20 cross up with a TTM Squeeze on the daily. I like this on a soft open that goes red to green for a push up to $195 or higher



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