Watchlist 2023-02-09 #EQNR #SONO #GOOG #APPS

SPY formed an insider bar and is now gapping to the upper PD high. Likely in the midst of a daily flag forming so not putting too much weigh on the insider bar.

EQNR - earnings miss PD day but lifted up by strength in the sector. Today, posting they have discovered a new oil field. Gapping over the key 31.60 pivot on elevated RVOL, above the monthly range, with a hammer bar. Has room to 33.

SONO - up 2.5 ATRs in PM on earnings beat. Gapping well over the key pivot AND had a wide-range red bar yesterday - many of the sellers are out of this name going in to earing so there is potential to get a quick move to the upside quickly. Other than that, it's over 200 MAA and monthly range. Looking for support at 19.23 200 MA for a retest gap n go.

GOOG - closed down 8% PD on news of their AI platform producing incorrect results in a demo. Bulls may look to buy this dip as we are at a high vol node. However, RVOl PD was 3x. This move could very well be justified and we could see another flush out before attempting a move high. PM is wicking topside. Needs to get above and stay above 100 for a long thesis.

APPS - Digital Turbine plunges as Oppenheimer downgrades after earnings, guidance miss. Gapping down 2.5 ATR to key pivot at 13.40. Below this level is a sell.

Other watches, TRP, APP

I focus on names trading elevate RVOL>2, trading past key ranges and pivots, typically with news catalysts


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