CES Weekly Watchlist
Your Guide to Market Movers and Shakers
Welcome to this week’s edition of “Hot Stocks for the Week,” where we spotlight the most exciting opportunities in the stock market. Whether you're a seasoned investor or just starting your journey, this is your go-to source for setups and trends.
Bias: Is to the upside, bulls made a strong push on Friday to setup some nice hammers on the weekly charts. I expect the markets to be volatile this week with CES happening in Las Vegas. There are usually some great products introduce that spark excitement. Be aware that the market is closed on Thursday the 9th to honor the late President Jimmy Carter
Top Stock of the Week:
Stock: SQ.
Weekly Performance: Closed at 92.16 on 1/3.
What’s the Setup: 1/3 Weekly
Play:
Levels (Support/Resistance): Break over $92.65 up to the GAP at 96.96.
Stocks to Watch :
Stock: TSM.
Weekly Performance: Closed at 208.61 on 1/3.
What’s the Setup: 3 Bar Engulfing Weekly
Play:
Levels (Support/Resistance): Break over $208.80 up to $212.60 ATH.
Stocks to Watch:
Stock: NVDA
Weekly Performance: Closed at $144.47 on 1/3.
What’s the Setup: 3 Bar Engulfing Weekly
Play:
Levels (Support/Resistance): Break over $144.90 up to $146.54 then $153.00 ATH
Other Plays to watch:
Stock: META – Over $609.50 up to $630.00 (prev. week resistance)
Stock: RBLX – Over $61.00 and look for a break over 61.85 ATH
Stock: HIMS – Over $26.76 up to $30.19 (prev. week resistance)
Stay ahead of the market!
· Fed Minutes on Wednesday
· Unemployment Rate on Friday
Disclaimer: This newsletter is for informational purposes only and does not constitute financial advice. Please consult your financial advisor before making any investment decisions.
