Thumbs Up for MoviePass if it Can Hold This Level

Despite soggy futures last night, the price action during today's session thus far has the look and feel of standard holiday week trading: A drift higher on the indices against a generally bullish backdrop amid select momentum in hot names. 

Specifically, the Manhattan-based Helios and Matheson Analytics Inc., otherwise known as the MoviePass play for their sizable stake in potential the next big thing, is garnering attention as we speak.

On the HMNY 30-minute chart, updated below, as long as the names holds over $13.80 a holiday week long is viable--Just know that this is a widely-watched name now and susceptible to a variety of upgrades/downgrades on a daily basis, among other news flow. $13.80 has been a fairly big level for HMNY in recent sessions. 

So, if the many hot money traders can hold above it, we may see a new leg up in the MoviePass mania. 

Elsewhere, I want to see how PANW reacts to earnings tonight before taking on more cybersecurity-related longs.