Watch List March 24th

Good Morning,

Yesterday we had a very choppy market that eventually had a pretty hard selloff in the late afternoon. Although these types of days never feel good, this was not a high volume or high volatility pullback and in the grand scheme of the daily chart was not a big deal. Intraday, though, it was one of the strangest trading days I can remember in quite some time, and when this happens its is prudent to take your foot off of the gas and trade less. This morning we are seeing a decent gap up in the major indices and a flat VIX. We still have Fed Chair Powell and speaking again today, and that could certainly lead to more intraday chop. Overall I will continue to be patient, selective, and small in position size until better trading conditions arrive. Here are a few names that I will be watching today:


EQOS bounced off its daily sma200 and a shelf of anchored volume and is setting up an inverse head and shoulders 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 the $15 area


FLGT from yesterday's list I still like in the $107 area for push up to $120 or higher


KO is in a TTM Squeeze on the daily and reclaimed a key anchored vwap level yesterday. I like this on a oft open that goes red to green for a run into earnings on April 19th


MSFT has been showing a ton of relative strength and has a nice TTM Squeeze on the daily. I like this on a pullback and hold of the $236 area for a push up to $245 or higher


OSH is in a sloppy, long necked inverse head and shoulders pattern with a TTM Squeeze on the daily. I like this on a soft open that goes red to green for a push up to $60 or higher







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