Watch List January 26th

Good Morning,

Yesterday was quite a day for the market with a gap up open, a mid day selloff, and an afternoon recovery. The market still remains in an uptrend that is almost constantly on all time high resistance, and our approach of not fighting the trend but keeping position size and overall risk on the smaller side remains in place. Yesterday we got a great move out of SDC and took some very nice profits. Apologies for the delayed emails, but I think that actually worked in your favor if you waited for those. Today I will continue to look for opportunities from this list:

COOP, NIO, and TXRH are all names from the weekly watch list that I will be watching closely today

WYNN is a get back out there name in a TTM Squeeze on the daily that is trying to reclaim its sma20. I like this over that sma20 for a push up to 117.50 or higher

WY is in a very nice TTM Squeeze and setting up for a 3/8/20 cross up. I like this right where it is around 33.50 for a push up into its earnings report this Friday morning the 29th

PSTG is another name setting up for a 3/8/20 cross in a TTM Squeeze. I like this over 23.50 for a push up to $25 or higher

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