Four Stocks To Watch - Monday, September 02
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.
More By This Author:
Four Stocks To Watch This Week - Monday, Aug. 19
EDGE Trade Plan Proves Its Value
Hold Your Nerve – This Is Where The Money Is Made
How did you like this article? Let us know so we can better customize your reading experience.
Some nice stock picks here. What other stocks are you watching?