💥High-Alert Trading Watchlist: Key Levels and Opportunities in AI, Blockchain, and Other Trending Stocks
💥High-Alert Trading Watchlist: Key Levels and Opportunities in AI, Blockchain, and Other Trending Stocks
WATCHLIST FROM A MULTI-MILLIONAIRE TRADERS DESK
Greetings Traders,
This week, we're shifting our focus to a stock-centric theme, moving away from broader market analysis.
Over the past two weeks, we've witnessed and highlighted numerous individual stocks presenting significant upside potential. In the stock market, capital is constantly rotating, and new trends emerge. As a particular trading strategy gains traction, in my opinion, it only accelerates, and that's precisely what we're observing now.
Stocks priced under $10 have been making substantial moves within short timeframes, drawing increased attention from short sellers. This growing interest from shorts paves the way for potential short squeezes.
In today's morning briefing, we'll gear up for the market open by examining these stocks and crafting a well-informed watchlist for the day ahead.
The Focus This Week
The focus this week is going to be on Banking stocks due to the reporting earnings, Bitcoin and Crypto stocks due to Bitcoin seeing a massive rally and Artificial Intelligence stocks!
Artificial Intelligence Stocks
Recently, this industry has been experiencing a surge, and we should be prepared for the possibility of further upward movement.
Before discussing this topic, it's important to note that many of these stocks have seen significant price increases in a short period, with some experiencing growth of over 300%. However, after conducting a thorough analysis of the balance sheets, income statements, and cash flow reports for numerous AI stocks, we've concluded that many of them are financially unstable companies in need of raising capital.
Given their weak fundamentals, it's crucial to acknowledge the risks and pay close attention to the charts. That's why we've included both bullish and bearish signals on the chart.
The bearish signals on the right side of the chart represent points where momentum shifts and weakness is confirmed. In my opinion, these areas should be considered a last resort for exiting the trade to minimize losses.