Watch List June 17th

Good Morning,

Yesterday we had a quiet morning followed by some volatility heading into and through the FOMC events. this morning we are pointing towards a gap down open for all of the major indices and a gap up for the VIX. Overall we remain in an uptrend but we are seeing a pullback and possibly a test of some key support areas. Tomorrow we have quad witch as well as the S&P rebalance which could lead to some more volatility to close out the week. I remain long biased but cautious heading into this and if I take any new swings this week it will only be small starter positions. Here are a few names that I will be watching:


ARRY is a nice reversal setup with a TTM Squeeze on the daily and a gap above. I like this on a soft open that goes red to green for a push up into the gap


ATRA has a nice rounded bottom reversal with a TTM Squeeze on the daily and some decent volume coming in. I like this on a pullback and hold of the %$15 area for a push up to 16.50 or higher


PUBM has a recent 3/8/20 cross up with heavy volume and a TTM Squeeze on the daily, I like this on a soft open that goes red to green for a test of the ema34 and possibly push up to $40


VLDR is another recent 3/8/20 cross up with a TTM Squeeze on the daily. I like this on a soft open that goes red to green for a push up to $13 or higher







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