WATCH LIST (2/23/24) 👀

SpockTradez
3 min readFeb 23, 2024

There area few beaten down stocks that caught my eye this week. I’m not pulling the trigger on any of these just yet, but wanted to make a list so I don’t forget to keep checking on them. Most are near or below 30 RSI and all are under their 200 SMA (though some more than others). I also included some half-assed internet research as well.

These are only Daily charts below but it’s important to look on a larger scale chart too, like a monthly, to see how these prices compare to their history. A lot of stocks are still riding high from the pandemic so it’s important to check if these are value prices or just a return to more normal numbers.

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UPDATE

Adding CHGG — Chegg to the list

This woul dbe for a short swing up to the 200 SMA as a Target.

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Trade long and prosper!

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