Four Stocks To Watch This Week - Monday, Sept 16

By Guy Cohen of WiseTraders

Monday, September 16, 2024 5:50 PM EDT

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.

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