Watch List March 2nd

Good Morning,

Yesterday we saw some encouraging signs for those who want the market to continue higher. All of the major indices made nice gains yesterday, and more importantly we saw some very nice easing in the VIX. This morning the indices are mixed but mostly flat and the VIX is down a little bit in the premarket. We still have a lot of work to do to get out of the woods, but yesterday's action is encouraging only if it sees some follow through. Our approach remains that we are in an intermediate term uptrend that is under some pressure in the short term and we will navigate this by keeping our risk exposure very small. Here are a few names that we will be watching today:


CGRO I am watching off of the weekly watch list for a reclaim of that key anchored vwap level at 13.10


SOLO is a former runner that has been under major pressure but is finding some horizontal support around the $6 level. I like this on a soft open that goes red to green for a push up to 7.50 or higher


OCUL is in a nice long flag with a TTM Squeeze on the daily. I like this on a pullback to its sma20 around $19 for a push up to $21 or higher


FOSL had a huge move last month and is since consolidating around anchored vwap and it sma20 in a TTM Squeeze as it heads into earnings on March 10th. I like this on a pullback to its sma20 around $16 for a run into earnings


DBI had a big gap up and go day last month and since then is consolidating above vwap anchored to that day in a TTM Squeeze. I like this on a pullback to $13 for a push up to $15 or higher












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