MLK Week 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. It is earnings season so I expect volatility in specific sectors.

Top Stock of the Week:

• Stock: FI.

• Weekly Performance: Closed at 208.58 on 1/17

• What’s the Setup: 1/1/3 Bullish 2 week setup

Play:

• Levels (Support/Resistance): Break Over $209.31 up to GAP Fill at $215.00.

Stocks to Watch :

• Stock: HIMS.

• Weekly Performance: Closed at 27.85 on 1/17

• What’s the Setup: 3/1 Bullish Week

Play:

• Levels (Support/Resistance): Break Over $28.81 up to ATH $35

Stocks to Watch:

• Stock: V

• Weekly Performance: Closed at $319.62 on 1/17.

• What’s the Setup: 1/3 Bearish Engulfing 2 Week

Play:

• Levels (Support/Resistance): Break Over $320.59 for new ATH

Other Plays to watch:

• Stock: COST – Over $943.80 up to $956.00 (GAP Fill)

• Stock: AVGO – Over $238.10 up to $247.00 (GAP)

Stay ahead of the market!

·         Existing Home Sales and PMI on Friday

·         Jobless Claims news on Thursday

Disclaimer: This newsletter is for informational purposes only and does not constitute financial advice. Please consult your financial advisor before making any investment decisions.