Watch List July 13th

Good Morning,

Yesterday we saw the SPY push to new all time highs with a very flat day for the VIX. This morning we are a bit mixed in the premarket with the QQQ up nicely, the SPY flat, and the IWM down. Overall we remain in a solid uptrend that is sitting on all time high resistance which keeps us long biased but cautious with out position size and overall risk. Here are a few names that we will be watching today:


BLMN has a nice 3/8/20 cross setup with a TTM Squeeze on the daily. I like this on a soft open that goes red to green for a push up to test $30 and possibly even the April highs


DKNG I don't necessarily love, but its trying to fins support at vwap anchored to the March 2020 lows after dipping below it for awhile this May. I like this long off of that level at 47.75 area for a possible push up towards its sma200


MNST is setting up for a 3/8/20 cross up in a TTM Squeeze on the daily and is holding a key anchored vwap level around 90.50 I like this long on a soft open that goes red to green for a push up to $95 or higher



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