September 14 (Monday)
This StockWatch consists of a list of companies that I believe have the potential to do well this week.
It is essential I make this clear: Not all these companies are going to go up nor are they likely to.
Rather, I delineate that these companies have the potential to do well if and only if certain conditions occur.
StockTalk is not responsible for any loss or mistakes made by an investor. However StockTalk would love your feedback and help on how to better improve this.
Nano-X Imagine Ltd.
NNOX has had a recent IPO and has done exceptionally well.
The recent momentum in the past week may face a sudden pullback. However, the overall trend is still bullish.
DPHC made the watchlist before due to its potential.
DPHC is in a strong uptrend for the past week. This should continue, unless DPHC breaks resistance.
PRPL has had significant growth in the past week, up nearly 40%.
Although the strong uptrend, there is clear signs of trend exhaustion.
Ford is a perfect example of a symmetrical triangle.
After some consolidation, we can possible see a major breakout.
PEAK is in an ascending triangle pattern.
Now would be a good time to consider buying PEAK as the price is right around the support level. That would be a 7% profit if PEAK simply touched previous highs.