Watch List November 24th

Good Morning,

Yesterday we saw a mixed and relatively flat day on the market for the major indices. This morning we are seeing a decent gap up in the SPY and the DIA, a large gap up for the IWM and a very moderate gap up in the QQQ. It will be interesting to see if we finally see some sector rotation that lasts more than a couple hours. With the strength of small caps now, we will likely focus a bit more on that sector. We may start bringing back overnight swing trades if the trend continues, and by overnight I truly mean the buy near the close and sell the next morning or or in ah or pm. Day trading in chat lately has been very good, so if you haven't been taking advantage of the chat room, you certainly should. Today I will continue to watch for trend to small caps and will be watching the following names:


CSIQ is in the very hot solar sector ad has a beautiful shelf of anchored volume by price in a TTM Squeeze. I like this over $40 for a push up to $44 or higher


SPI is another solar name in a TTM Squeeze with lots of room up on the chart. I like this over $11 for a push up to $13 or higher


SPWH is building a nice base of anchored volume by price in a TTM Squeeze and setting up for a 3/8/20 cross up. I like this on a soft open that goes red to green for a push up towards the mid to high $16s


SFIX is consolidating nicely in a TTM Squeeze and has reclaimed vwap anchored to its recent highs. I like this on a soft open that goes red to green for a push up to $40


WGO is reclaiming its sma200 on the daily in a TTM Squeeze. I like this over 53.50 for a push up towards $60


18 views0 comments

About Traders Path