11 Stocks to Watch This Week - January 3, 2021 Stock Watch List

Here's this weeks' list of stocks/tickers to watch: The stocks are: TUSK, GLD, OPEN, BIGC, FDX, SMH, AMD, AMZN, QQQ, XLI, and STXS.

1. Mammoth Energy Services (TUSK)

Nice bullish engulfing candle on a low volume pull back. Support at $4, and can head back near $5.

2. Gold/USD (GLD or XAUUSD)

Gold is currently breaking out in the overnight market. The closest resistance is around $1925.

3. OpenDoor Tech. (OPEN)

OPEN is approaching the 50 MA (green line). Waiting for confirmation of support around this area to go long. If not, nothing.

4. BigCommerce (BIGC)

Recent IPO, no support under current levels as the price never traded that low. Watching for a break of this current support.

5. FedEx (FDX)

FDX is approaching support as outlined in the chart below. Looking for reversal candles for a bounce near $267 area.

6. Semiconductor ETF (SMH)

A break out of this flag. It can retest highs but we'd be more confident if it retested the break out area and supported that first. 

7. Advanced Micro Devices (AMD)

Approaching the ~$89 support area and seems to be starting to curl higher. Need more confirmation though.

8. Amazon.com (AMZN)

This break out is taking longer than expected but a new support was formed near $3170 (blue arrow in chart).

9. Nasdaq (NAS100USD or QQQ)

Riding the 9 and 20 EMA's for this one until it starts to break down. Up trend still in tact.

10. Industrial ETF (XLI)

Industrials are setting up for a break out above the blue line, but nothing yet. Support around $86.50

11. StereoTaxis (STXS)

Volume has been lower on red days than green days recently (refer to note in chart). Looking for a wedge break out on increasing volume for a target around $5.40-$5.50.

Need Charting Software?

A great charting platform that we would recommend for serious traders is Tradingview. We use it every day as it has many useful tools and is very customizable. There is also an active trading community where people from all over the world post their trade ideas, so you never run out of ideas. Sign up through this link to get up to $30 to put towards a plan of your choice (or get the free plan).

​Thanks for reading! If you enjoyed this article, please consider following us on twitter @StockBrosTrades and/or subscribing to our free newsletter to get articles like this sent to you when they are posted!