Watchlist: 11/18 The Perfect Dip

Market Notes:

The S&P 500 dipped yesterday but held support at previous record highs. This is a very bullish sign.

Futures are up this morning and I expect the buying to continue until at least the end of the year.

Major retailers WMT and TGT have both seen explosive sales growth amid the pandemic. I’ll be paying special attention to online retailers as we enter the holiday shopping season.

Watchlist:

KZIA is a low float, support at $11

FNKO is a low float, support at $2

CTHR is a lowish float, support at $1.10

CIIC is a lowish float, on watch

MESA is a lowish float, key level is $5

BLNK is a lowish float, resistance at $14.50

SUP is a lowish float, on watch

CCRN has support at $8.50

ARPO has resistance at $2

AXTI has resistance at $10

FOSL has support at $9.50

EGY has resistance at $1.60

RYAM has support at $5

VFF has support at $7

MGI has support at $8

ORBC has resistance at $6.10

ARAY has resistance at $4.10

PRTY has support at $3.50, resistance at $4

RBBN has resistance at $5.50

XXII has support at $1

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