Mild pullback day as market enters consolidation phase. Here is my trading watch list for 2/8:
SPY manged to hold 8 EMA. As long pull back remains contained above support , all good for bulls for another push higher.Even on a red day, there were still some decent long plays. Specially red to greed move in pot names like CRON, CGC ,APHA. Called it out Twitter at open , worked out well.Orderly pull on those names and likely gets a continuation move.
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SQ Flagging here. Needs to get over 100 MA and stay there for a flag break.
CRON Pot name.support bounce played out well via red to green move. Continuation watch.
CGC 20 MA bounce worked well via red to green play. Watching over 47.50.
APHA Pot name, holding 8 EMA. Continuation watch.
ROKU Flagging here. Needs to get over 100 MA and stay there for a flag break.
OSTK Watching over 20.
EOLS Called this one on Twitter. Stock has history of making big runs. Watching again.
APPN Big volume move. Strong sector. Keeping an eye.