Watchlist 12/22

Here is my watch list and plans for tomorrow 12/22

GME---This one has been slowly inching up and is at its third attempt to break out. Even though we have had a few days up already I believe there is a chance we break out tomorrow. If not tomorrow then perhaps on Friday. R/G scenario is good here. We may also see some sort of a push out of the open and pullback. Just be careful getting in too close to the resistance area. Just my two cents

X---This is one that along with other steel companies has been having some nice moves lately. We have been seeing a nice base forming from the intraday chart. I believe we can see a r/g type move respecting the support levels. Maybe a push out of the open followed by an opportunity to get in. Be patient if the move doesnt happen right away. We may also see a base formed and a move sideways for a while until the later afternoon move.

CXW---I believe we see a nice short here. Its got that nice rounding down look. It has the potential to go quite a bit lower. Looking for a g/r type play. Slight gap down and pullback is also  a possibility

RLGY---Could have another breakout day here of this mini flat top. Over 27.30, pretty straight forward move here

TWLO---Looking for a r/g play here. Just be careful with the ma50 above. If this gaps up too much I may look for a short off a lower high 

LABD---Some resistance above to be careful not to get in too close to that level. However , if a r/g is seen the play may be a nice one. If not wait for a break of the resistance area. We may also gap up slightly and pullback for a long set up later on