Watch List May 11th

Good Morning,

I hope that all the Moms had a fantastic Mothers Day yesterday and a very nice weekend. This morning the major indices look to be gapping down a bit and the VIX is gapping up this morning. I will be very patient at the open to see if the SPY finds support or not before looking for any new trades. I will mostly be using the weekly watch list today, but I will also be watching a few other names for potential setups:

THC is a name that I am watching for a potential short entry on a break of $19 for a test of recent lows around $17

LW is a name that I like long on a test and hold of the sma50 around $60 for a push up to $65 or higher

KR is a name I like on a soft open and a red to green move for a test of last week's highs and possible break higher

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