Watch List May 28th

Good Morning,

Yesterday we saw the market gap up and slowly fade throughout the day, but the SPY managed to still put in a green day. This morning we are pointing towards a pretty good gap up for all of the major indies, but for the moment the VIX is flat in the premarket. Overall the trend remains up, but we are getting very close to making new all time highs for the SPY. As you all know we remain bullish when that happens, but we want to manage risk through smaller position size as the pullbacks from all time highs can be swift and strong. With today being a Friday and month end, we will be very selective about any new swing trades today. Here are a few names that we will be watching:


CRSR is setting up for a 3/8/20 cross up with a long TTM Squeeze on the daily. I like this off of the sma20 around 32.25 for a push up to the $36 area


EXPE from yesterday I still like on a pullback to vwap anchored to the March highs around $173


FLGT started a 3/8/20 cross yesterday with a TTM Squeeze on the daily. i like this on a pullback to $75 for a push up to $82 or higher


HBAN is consolidating nicely along its sma20 and vwap anchored to the March highs in a TTM Squeeze on the daily. I like this on a pullback to those levels around 15.60 for a push up to $17 or higher







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