Four Stocks To Watch - Monday, September 02

WiseTraders Weekly Watchlist: September 02, 2024 - September 06, 2024
WiseTraders Weekly Watchlist: September 02, 2024 - September 06, 2024

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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