All eyes this morning are on economic reports coming out including the non farm payrolls report and the jobless claims numbers. We are heading into these numbers with a pretty good gap up at the moment, but a lot could change once the numbers come out. The market is closed tomorrow, so I am not likely to be very active in new swing trades heading into a 3 day weekend; however, I do have a small list of nice setup that I will be watching:
MRNA I still like for a break out of the volume shelf that is building. I am looking for entry on a move over 62.50 for a push up to 66 or higher
SPCE is a name that I still like here as its reclaiming a key anchored vwap level. I'm looking for entry on a 16.70 break for a push up to 18 or higher
ORCL is in a huge inverted head and shoulders pattern. I like this long on a pullback and hold of the $55 level for a push up to $58 or higher
BYND has been showing some relative weakness after a strong push up, but it is looking to gap up this morning. I like this short on a break of $145 if the gap up open holds.
TUP is in a large cup and handle pattern and looks ready to test its sma200 again. I like this over 5.76 for a $6 test and push up towards the sma200 around 6.75