By most metrics this market is poised for further upside, but there have been few clean breakout so far.
The setups are there, so post Labor Day would be a good time for the market to reveal its hand, and hopefully push upwards.
Here are four stocks to keep on your radar this week:
- FDX (bullish): Consolidating above its 50-day Key Level with a healthy blue OVI and a whiff of bullish Shrinking Retracements, arguably the three most important Big Money Footprints.
- MOS (bullish): Now consolidating above its 50-day Key Level with a blue OVI and visible evidence of bullish Shrinking Retracements, we've been watching this for several weeks now.
- VST (bullish): Consolidating above its 50-day Key Level with a healthy blue OVI and a high correlation score with its OVI.
- WDAY (bullish): A post earnings gap-up and consolidation above its 200-day Key Level, a healthy blue OVI, recent bullish volume acceleration and a visible hint of bullish Shrinking Retracements.
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