Watch List March 23rd

Good Morning,

The market showed some nice strength yesterday most of the day before fading a bit in power hour. This morning we are seeing a bit of a mixed open with the QQQ giving a moderate gap up, the SPY giving a moderate gap down, and the IWM giving a bigger gap down. We are also seeing a bit of a gap up in the VIX, but its worth noting that it is still below that key $20 level, We have multiple Fed speakers today including Fed Chair Powell at noon who could certainly move markets a bit at least on an intraday basis. Overall I remain long biased but cautious and I will manage risk accordingly through smaller position size. Here are some names that I will be watching today:


AVYA I like right off of the weekly watch list


CHRS has sold off hard the last month and is starting to put in a bottom with a nice TTM Squeeze on the daily. I like this on a soft open that goes red to green for a push up to $17 or higher


CRON I am watching short on a failed attempt to reclaim the $10 area. I do also want to see a shift in TTM momentum. I don't want to go short against this if the momentum stays positive


FEYE has a nice TTM Squeeze on the daily and reclaimed a key anchored vwap level. I like this on a soft open that goes red to green for a push up to the $22 area or higher


FLGT is building a beautiful base of anchored volume by price with a TTM Squeeze and a 3/8/20 cross up. I like this on a pullback to the $105 to $107 area for a push up to $120


SPWR has a nice TTM Squeeze with an inverse head and shoulders that is setting up for a 3/8/20 cross. I like this on a soft open that goes red to green for a push up to $38 or higher









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