Four Stocks To Watch This Week - Monday, Sept 16

WiseTraders • by Guy Cohen

Home of the patented OVI. Global pioneer in stocks & options, helping you Trade Better, Faster. • Sep 16, 2024 at 5:50 PM EDT

Overall bias is bullish, but patchy and flaky are words that may also accompany the direction.

WiseTraders Weekly Watchlist: September 16, 2024 - September 20, 2024

A proper yo-yo week that turned on a dime late Wednesday morning.

Overall bias is bullish, but patchy and flaky are words that may also accompany the direction.

Here are four stocks to watch this week:

KR (bullish) - An excellent earnings reaction, this grocer now needs to consolidate here, preferably with a more compelling OVI.
MNST (bullish) - Resting on its 50-day Key Level, this drinks giant is poised for upside, though its OVI is not quite playing ball yet.
NKE (bullish) - A pullback consolidation into its 50-day Key Level with a positive OVI, this needs to get above $80 and "just do it".
SMAR (bullish) - A post-earnings gap up with plenty of buying evidence since early June. A deeper pullback to the 50-dma would be helpful before it starts climbing again.

More By This Author:

Four Stocks To Watch This Week - Monday, Sept 9
Patchy And Still Patchy In The Short Term
Four Stocks To Watch - Monday, September 02

Disclaimer:

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Remember, we only trade confirmed breakouts and always manage our trades with the E.D.G.E trade plan. This watchlist does not constitute financial advice or trade recommendations.

Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market and options trading, including the loss of your investment. Past performance in the market is not indicative of future results. This is neither a solicitation nor an offer to buy/sell stocks or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in this training, video or website. All trades, patterns, charts, systems, etc, discussed in this training, video or website and the product materials are for illustrative purposes only not to be construed as specific advisory recommendations. Any investment is at your own risk.

STOCKS IN THIS ARTICLE

NKE KR MNST SMAR

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