Free Scan: Stocks To Watch For May 13, 2024

by | May 12, 2024

Welcome back to another Sunday Scan.

This week, we’re going to review some of the most notable things in the market to help you get caught up on everything over the past week. Then, we will get into what we are watching for the upcoming week.

Let’s get right into it.

Video Scan and Game Plan

Stocks on Watch

Watch the video for a full breakdown and game plan for next week.

MARA will watch for BTC weakness or strength. It’s post earnings so it should be able to move with good range. 

GME on watch to see if it can hold the breakout or fades back into the channel and then lower. 

CVNA holding within the channel still, watching to either fade the edges within the channel or trend once it leaves the channel. 

UPST will see if it recovers after earnings or keeps dropping. 

NVAX had good range with recent catalyst.

RBLX post earnings name looking for direction. 

ARM filled some of the gap from earnings drop. 

PLTR weaker action after earnings but may stabilize at 20. 

SHOP post earnings name looking for the next trend. 

UBER post earnings nearing support. 

RIVN post earrings same idea as the othters. 

MULN been holding higher lows until they pull the bid. 

NUWE small cap post earnings will be on watch if in play for liquidity trap or FFT. 

CGC back to baseline until the next headline. 

REBN liquidity trap potential. 

NVDA strong chip AI name if sector is in play. 

TSLA more weakness and fading back to downtrend so far. 

TSM relative strength AI chip name. 

SRTS on watch for continuation. 

RDDT continuation watch. 

CROX breakout potential. 

JAGX nice build bigger picture. 

T-Shirt Winners

  • @TheShadow_850
  • @pauleastlack9794

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