Four Stocks To Watch This Week

Four Stocks To Watch This Week – Monday, Sept 16

Sep 16, 2024Jeremy ParkinsonFinance0

WiseTraders Weekly Watchlist: September 16, 2024 – September 20, 2024

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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