5 Stocks That Can Move This Week (8/1)

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First let’s start with the most fundamental plays and then slowly move into the more technical ones. I’m liking the risk on type of mindset we are seeing in the market with bunkrupt y short squeeze stocks like REV 0.00%↑ and NKLA 0.00%↑ getting volume, as well as stocks like HKD 0.00%↑ going 8000% in a month! Let’s look at some names that can move this week.

1. Long CHGG 0.00%↑ . With the beginning of August right at our toes I can believe that money is going to back into the back to school/education oriented names. Chegg is the perfect company here. It’s on the verge of a big gap fill and breakout here with call flow.

Unusual call buyers as well today.

2.Long BBBY 0.00%↑ for fundamental and short squeeze play. This is another back to school name, but the difference is that it has a whopping 50% short interest and an amazing technical setup along with the benefit for being a household name behind it. Over 6 and this breaks out hard. Big unusual buyers in the weekly 7C right before close.

3. Long FATBB 0.00%↑ . Weird name for me to add to the list, but after that huge HKD 0.00%↑ move I can almost guarantee people are looking for another super low float thin stock to trade. MarketWatch has this at a rumor record of 400k float which should be insanely thin. Not sure how true this is but it can be a great lotto shares trade.

4. Long NN 0.00%↑ for a short squeeze trade. Cheap shares with a number 4 spot on the Fintel short squeeze list and almost 30% short interest with a great chart and huge huge insider buying over the last month. No shares to borrow on S3 either.

5. Long KRKR 0.00%↑as the main sympathy play to $HKD. With direct ties to HKD 0.00%↑ , KRKR 0.00%↑ had a PR out with them on Friday so if this gets discovered I can imagine it starts to move here. Insane volume here today.

Thanks for reading, hope you enjoyed!