Watch List July 29th

Good Morning,

Yesterday we made it through the FOMC events with most of the indices relatively flat at the end of the day. This morning we are looking at a moderate gap up for the SPY, a moderate gap down for the QQQ, and a gap down for the VIX. Overall the trend remains up with the constant threat of a meaningful pullback near all time high resistance. Here are a few names that I will be watching today:


DASH has a nice TTM Squeeze and a recent 3/8/20 cross back up as it heads into earnings on August 12th. I like this on a soft open that goes red to green for a push up to $200 or higher into earnings


DBX just made a new all time high after a pullback and consolidation around its sma20 in a TTM Squeeze on the daily. I like this on a pullback to the 31.20 area for a push up to $34 or higher as this heads into its earnings on August 5th


WISH is setting up for a nice reversal if it can get over the $10 level. I like it over that level for an eventual 3/8/20 cross and push up to $12 or higher


TTD has been showing a ton of strength lately and is seeing a moderate gap down in the premarket due to FB earnings, which may present a nice buying opportunity if this goes red to green for a push up to $92 or higher





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