Image Source: PixabayThe market continues to behave erratically, meaning a ‘low dollar’ environment is more suitable for a cautious approach. Here are four stocks to keep an eye on this week:
ACN (bullish) – A classic post-earnings OVI Pullback Reversal with a consolidation on a Key Level. This stock should rise on any encouragement above the recent week’s highs.
RTX (bearish) – This defense stock is suffering from a recent selloff and potential oversupply. Dropping below $100.00 puts this in danger of another 5% decline or more.
TGI (bullish) – Bullish Big Money Footprints including OVI, Shrinking Retracements and proximity to Key Levels lining up with this defense stock, poised for an upside breakout.
UBER (bullish) – A multi-week consolidation with a persistent positive OVI just above its 50-dma should lead to an upside breakout in due course.
WiseTraders – Four Stocks To Watch For July 01 – 05
Image Source: PixabayThe market continues to behave erratically, meaning a ‘low dollar’ environment is more suitable for a cautious approach. Here are four stocks to keep an eye on this week:
