Stock Region Watchlist
Stock Region: Daily Watchlist Newsletter - Monday, November 18th, 2024.
Stock Region: Daily Watchlist Newsletter - Monday, November 18th, 2024
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Watchlist: Monday, November 18th, 2024
Welcome to this week's Stock Region Watchlist, where we bring you the latest insights and analysis on trending stocks. As we navigate the evolving market landscape, here are the key stocks to watch this week:
1. Tesla ($TSLA):
Tesla has been making headlines with a substantial rally in its stock, invigorated by investor optimism following recent political developments, particularly Donald Trump's election victory. This surge in enthusiasm has catalyzed a wave of bullish options trading, propelling Tesla to its highest peak in over two years. For short-term traders, monitor the levels closely: an upside above $346.97 could signify continued momentum, while a dip below $334.45 might suggest a pullback.
2. Nvidia ($NVDA):
With Nvidia's upcoming report on November 20, expectations are high for a positive performance. The stock has already demonstrated strong gains in early November, underscoring robust investor confidence. As we approach the report date, key levels to watch include an upside above $139.20, signaling potential bullish extension, and a downside below $137.19, which could indicate a need for caution.
3. Robinhood ($HOOD):
Robinhood's upward trajectory reflects a growing wave of investor interest, fueled by prospects for further growth and market expansion. With its stock on the rise, traders should keep an eye on a potential breakout above $33.30, while a drop below $32.39 could suggest a temporary slowdown in momentum.
4. Liberty Energy ($LBRT):
Liberty Energy is capturing attention after its CEO, Chris Wright, received a nomination for the U.S. Energy Secretary position. This development, coupled with the company's recently announced succession plan, has sparked investor interest and driven a rally in its stock price. Pay attention to an upside above $18.20, which might indicate sustained enthusiasm, and a downside below $17.71, which could signal a retracement.
Disclaimer: The information provided in this newsletter is based on current market conditions and is subject to change. Stock Region assumes no responsibility for any investment decisions made based on this information.
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