Watch List November 4th

Good Morning,

Well as expected it looks like we don't yet have a clear winner in the Presidential election. For now the markets don't seem to care and we are looking at a gap up in the DIA, a large gap up in the SPY, a huge gap up in the QQQ, and a relatively flat IWM as I type around 8 AM Eastern. The VIX is easing significantly and it will be interesting to see if this all continues if we don't get a clear winner soon. Overall, this large gap up in the QQQ and SPY is going to make it very difficult to get good trade entries today. I will mostly be focused on our Gn'R list for day trade today and will also watch this short list of names:


GRPN has a nice TTM squeeze and is setting up for a 3/8/20 cross on the daily. I like this over yesterday's high of 21.09 for a push up to $22 or higher


RAD is a beat up name that made a nice move up over its sma20 and a key anchored vwap level yesterday in a TTM Squeeze. I like this over $10 for a push up to the mid to high $10s


M is another nice reversal setup that took out its sma20 and a key anchored vwap level yesterday. I like this over yesterday's high for a push up to $7 or higher


CELH is building a huge base of anchored volume by price for a potential move higher. I like this over yesterday's high for a push up towards $24





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