Stock Region Watchlist: Wednesday, July 3rd, 2024
Disclaimer: The information provided in this newsletter is for informational purposes only and does not constitute financial advice. Always conduct your own research or consult with a professional advisor before making any investment decisions.
Real-time information is available daily at https://stockregion.net
Paramount Global ($PARA)
Price Movement: Shares of Paramount Global surged more than 12% premarket, indicating strong investor interest and potential for continued volatility.
Positive Market Sentiment: The considerable surge suggests that there may be underlying positive news or developments about the company, making it an intriguing watch for momentum traders.
Levels to watch out for: Upside above $12.40, and downside below $11.43.

Tesla ($TSLA)
Near Six-Month High: Tesla's stock reversed sharply higher towards a near six-month high, reflecting strong market confidence and recovery momentum.
Strong Weekly Gains: Tesla has recently experienced one of its biggest weekly gains of 2024, highlighting robust investor optimism and potential for continued upward movement.
Earnings and Forecasts: Recent surprises in earnings reports have positively influenced Tesla’s stock, making it a key focus for both short-term traders and long-term investors.
Levels to watch out for: Upside above $239.50, and downside below $231.26.

Constellation Brands ($STZ)
Quarterly Earnings Report: Constellation Brands is reporting its quarterly earnings for the period ending May 31, 2024. Earnings releases often lead to stock movements based on performance against forecasts.
Market Position: As a prominent player in the alcohol industry, any announcements or financial results can have an impact on its stock price and investor sentiment.
Consensus Earnings Forecast: The company’s consensus earnings per share forecast will provide insights into its financial health and future outlook, attracting attention from investors looking for stable and profitable stocks.
Levels to watch out for: Upside above $269.70, and downside below $265.80.

Stay tuned for more updates by joining our trading room and happy trading!
[Stock Region Team]
Disclaimer: The information provided in this newsletter is for informational purposes only and does not constitute financial advice. Always conduct your own research or consult with a professional advisor before making any investment decisions.
Real-time information is available daily at https://stockregion.net