Watch List October 23rd

Good Morning,

We continued to see some stimulus driven chop intraday yesterday, but at the end of the day the SPY put in a pretty constructive looking candle that has a lower wick that touched the sma20 and almost went down to the sma50 before pushing up to highs and closing pretty close to them. This morning we are seeing a moderate gap up for the indices and a gap down in the VIX. We are still in a place where stimulus news can change this picture very quickly, but the daily charts do look decent here. Here are some names that I will be watching today:

GME looks like it is going to gap up , but I like this on a pullback and hold of the 14.50 region which was support yesterday

ATVI back tested and held its sma20 yesterday but couldn't reclaim a key anchored vwap level at $81.08 I like this over that level for a run into earnings next week

DKNG is gapping up also, but this tends to give decent intraday pullback and I would be looking for a pullback to the $43 area for an entry here for a test of $45 and possible push up $50

TWTR gapped up Wednesday in sympathy to SNAP and I like this on a soft open that goes red to green for a run into their er next week

TECK is consolidating nicely in a TTM Squeeze. I like this over a key anchored vwap level at 13.90 for a push up to 15.50 or higher

AAL is in a TTM Squeeze and could move huge on any stimulus for the airlines. I like this from 13 to 13.15 for a push up to $15 or higher

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