Four Stocks To Watch This Week - Monday, Sept 9

By Guy Cohen of WiseTraders

Monday, September 9, 2024 3:51 PM EST

WiseTraders Weekly Watchlist: September 09, 2024 - September 13, 2024

Another week where the Trade Plan Master Key really shone as the markets took a post Labor Day beating.

Inconsistent patchy behavior looks most likely in the very short term, but stocks still have decent potential in the medium term. Stay focused and be patient for the optimal setups near Key Levels.

In these conditions, set ultra-conservative first profit targets to protect profits early.

Here are four stocks to keep on your radar this week:

GILD (bullish): We picked this at $75.00 and it still looks robust. For the more patient, it could well test its accelerating 50-dma. For the less patient, a breakout above the recent consolidation.
HIMS (bearish): Looks like further downside is likely if it breaks Friday's low. May lows and February highs loom.
TRUP (bearish): Overbought from a few days ago and still looking overbought.
WPC (bullish): Decent price action with several bullish Big Money Footprints showing.