Watch List March 25th

Good Morning,

What a long, strange week it's been. The daily charts of the indices all look mostly OK, but the intraday action has been somewhat bizarre. This morning we were pointing toward s a moderate gap up, then a moderate gap down, and now getting a small bounce on jobless claims and GDP numbers but still looking like a moderate gap down. Overall I am keeping position size super small until the market picks a clear, short term direction. I will be looking to take some small shots long, but if I put on anything new to the long side, I will also add a hedge or two against my longs. Here are some names that I am watching:

DEN is in a very nice bull flag with a TTM Squeeze on the daily. I like this on a pullback and hold of the sma20 for a push up to $47 or higher

EHC from yesterday I like on a pullback to anchored vwap around $81 for a push up to the $88 area

KO from yesterday I also like anywhere from 51.25 to 51.60 for a longer swing

CRON I like short on a gap up that goes green to red. This looks like a classic sell the news setup to me on New York legalization of recreational marijuana

QQQ I will be watching for a short/hedge setup if it tries to get back in its pennant setup and fails

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