Watchlist: 2/18 Congress Crackdown, Oil Flys, Futures Slip, BTC Hodls

Market notes:

The first congressional hearing into the GME short squeeze and controversy is scheduled to start at noon today. The trader who started it all, Keith Gill, was slapped with a lawsuit yesterday. The last word is he will still testify.

Oil prices are up amid the energy crisis in Texas crude touched $65 per barrel.

Markets closed near flat yesterday. The DOW keeps sneaking in record highs while the SPY and Nasdaq move sideways. Bitcoin is holding above $50k still.

Futures are down this morning. I remain cautiously bullish, I won’t be getting aggressive today.

Watchlist:

*Low Float

*PHCF has support at $6.30
*ANTE has support at $5
*RCON has resistance at $3.60
*MTC has support at $4
*GRNQ has support at $3
*POIA has resistance at $2.50
CNET is on watch
VISL has resistance at $5
HGBL is on watch
NXTD has support at $2.50
XPL has resistance at $1.25
PAVM has resistance at $5
USWS is on watch
MGI has support at $11
EVFM has support at $4.25
ADXS has support at $1.25
GSKY watching for a setup above $7
AVGR has support at $2.43
VSTM has resistance at $3
ONTX has support at $1.60

watchlist

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