Trading Watch List 10.02.2020

Market beginning to climb wall of worry yet again after remounting all the moving averages. This type of move can easily turn into V shaped run as we have seen in the past.

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Here is the watch list and game plan:

U Holding the first tap to 20 MA. See if this holds and bounce.
RKT Big move on news. Continuation watch on red to green type move.
PENN 76.60 breakout watch.
OSTK Coming out from range. Continuation watch on red to green type move.
CHWY Back over 20/50 MA. Continuation watch.
BEKE Basing over 8 EMA. Watching 63 area.
BIGC Coming out from range. Watching on build below 90.

 

 

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