Watch List February 25th

Good Morning,

Yesterday we saw some continued recovery in the market with all of the major indices finding some support levels and pushing higher. This morning we are pointing toward a bit of a mixed open with the IWM slightly up, the SPY slightly down, and the QQQ with a pretty good gap down. That could all change at 8:30 AM Eastern as we have jobless, claims numbers, durable goods orders, and GDP all being released then. We also saw some former runners get crazy again yesterday with names like GME, AMC, and KOSS all making big runs into the close and into after hours. I think this is likely to spill over into other former runners and especially names with high short interest, and that is what I will focus on. Here are a few names that I will be watching:


NNDM I like on a soft open that goes red to green to test and possibly break out over yesterday's highs


FUBO I also like on a soft open that goes red to green for a push up to test its sma20 near $45 and possibly break higher


XL is finding resistance at its daily ema8 in the premarket and I like it over that level around 16.65 in the regular session for a push up towards $20


PLTR I like on a soft open that goes red to green for a push up towards $30 or higher


SPCE is another name that I like on a soft open that goes red to green for a test of its sma20 around the $50 level and a possible break much higher



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