Stock Region Watchlist
Stock Region Daily Watchlist - For Monday, November 25, 2024.
Stock Region Daily Watchlist - For Monday, November 25, 2024
The stocks featured in this report were previously delivered in our trading room in real-time. To access Stock Region’s real-time trade ideas, then be sure to purchase a membership now.
Disclaimer: The information provided in this newsletter is for informational purposes only and should not be considered financial advice. Always conduct your own research or consult with a financial advisor before making investment decisions.
Robinhood ($HOOD)
Recent Performance: Robinhood has been on a remarkable run, with its stock climbing 45% since Election Day. This marks its highest closing price in over three years.
Market Sentiment: Investor sentiment appears strong, with gains potentially linked to favorable market conditions or company-specific developments.
Key Levels to Watch:
Upside resistance at $39.30.
Downside support at $37.24.
Robinhood has become a stock to watch closely as its recent upward momentum suggests continued investor interest.
Bath & Body Works ($BBWI)
Impressive Q3 Results: Bath & Body Works posted strong third-quarter earnings, fueling optimism among investors.
Updated Guidance: The company raised its adjusted EPS outlook for FY24, signaling confidence in ongoing financial performance.
Stock Movement: Shares surged significantly in after-hours trading following the announcement.
Key Levels to Watch:
Upside resistance at $35.16.
Downside support at $31.60.
This retailer has bolstered confidence with its positive earnings report and updated guidance, making it one to monitor this week.
MicroStrategy ($MSTR)
Stock Surge: MicroStrategy shares have soared, rising 24.7% in recent sessions.
Bitcoin Ties: With its deep investment in Bitcoin, MicroStrategy’s stock often moves in tandem with cryptocurrency price trends. Recent gains are attributed to a stronger Bitcoin market.
Key Levels to Watch:
Upside resistance at $445.72.
Downside support at $433.00.
For investors tracking the crypto space, MicroStrategy remains a dynamic option to follow closely.
Macy’s ($M)
Retail Sector Insights: Macy’s is positioned as a major player in the retail space, especially critical during the holiday shopping season.
Earnings and Sales: Market participants are eyeing Macy’s for upcoming performance metrics that could shed light on broader retail health.
Key Levels to Watch:
Upside resistance at $16.80.
Downside support at $14.98.
With the holiday season upon us, Macy’s could be a bellwether for consumer activity in retail.
Final Disclaimer: All stock levels, trends, and insights shared in this newsletter are for informational purposes. Investing in the stock market involves risks, and past performance does not guarantee future results. Always make investment decisions based on your own research and risk tolerance.
We are working endlessly to provide free insights on the stock market every day, and greatly appreciate those who are paid members supporting the development of the Stock Region mobile application. Stock Region offers daily stock and option signals, watchlists, earnings reports, technical and fundamental analysis reports, virtual meetings, learning opportunities, analyst upgrades and downgrades, catalyst reports, in-person events, and access to our private network of investors for paid members as an addition to being an early investor in Stock Region. We recommend all readers to urgently activate their membership before reaching full member capacity (500) to be eligible for the upcoming revenue distribution program. Memberships now available at https://stockregion.net