Thu. Nov 26th, 2020

According to Ben Sturgill from Ragingbull.com, looking at the markets today, it was another strong session for stocks. Markets surged higher for a fourth straight day. Tech stocks outperformed once again on expectations a split government will lessen the likelihood of legislative changes to the industry.

  1. CRON
    • CRON today broke and popped above its 200-day moving average with a nice squeeze setting up on the daily chart. I’d like to see CRON close above $7.15, and I like the Nov 20 $6 calls.
  2. SGMS
    • SGMS has a beautiful bull flag on the charts, and it’s currently at the top of that flag. I’d like to see it break out above $37, and I think the best options here are the Nov 20 $35 calls.
  3. IVZ
    • IVZ had a massive block of 500,000 shares come through on the dark pools scanner at $14.43 — right where the stock closed. It also closed above a bull flag on the charts, with a squeeze. I’d like to see it above the $14.55 level, and I like the Nov 20 $14 calls.

Read more about Ben and his Dark Pool Alerts HERE.

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