Top Momentum Stocks to Watch This Weekend
Discover 5 high-momentum stocks making waves, from BlackBerry IoT surge to Costco steady climb. Key technical levels and catalysts to watch next week.
Feb 15 2025
This past week, several stocks experienced surges in both price and volume, signaling potential opportunities for traders in the days ahead. Whether the trend continues or reverses depends on key technical levels, upcoming catalysts, and overall market sentiment.
$BB Comeback Story in the Making?
Current Price: $5.69 | Support: $3.72 | Resistance: $5.91
BlackBerry has been on a tear, up 39% year-to-date, with recent gains fueled by a new multi-year partnership to train thousands of engineers in India. The company's focus on IoT and secure communications is reigniting investor interest.
Bull Case: Strong momentum, trading near resistance. A breakout above $5.91 could send BB into the next leg higher.
Bear Case: If resistance holds, a pullback to support at $3.72 is possible
$GEHC Surging on Earnings Beat
Current Price: $92.21 | Support: $83.87 | Resistance: $93.48
GE HealthCare posted a 9% gain after smashing earnings expectations and providing an upbeat outlook. Strong demand for medical technology is driving investor confidence.
Bull Case: A push above $93.48 could trigger further upside, especially with positive analyst sentiment.
Bear Case: A failure to break resistance may lead to consolidation around $85-$90.
$SONY Earnings Optimism Sparks Rally
Current Price: $24.14 | Support: $21.09 | Resistance: $31.22
Sony shares surged over 10% after the company raised its 2024 revenue and profit forecast. Optimism around its gaming, entertainment, and semiconductor segments is fueling the rally.
Bull Case: If the stock holds above $24, it could test the $30 range in the near future.
Bear Case: Profit-taking might lead to a pullback toward the $21 support level.
$ABNB Strong Post-Earnings Run
Current Price: $161.44 | Support: $127.09 | Resistance: $161.44
Airbnb jumped 15% on better-than-expected earnings, driven by 12% sales growth and strong global demand. Investors now await further guidance to determine if the stock can sustain its rally.
Bull Case: A breakout past $161.44 could fuel another leg higher toward $170+.
Bear Case: If the stock fails to hold, a retracement toward $140-$145 may be in play.
$COST Momentum Stock with Staying Power
Current Price: $1071.85 | Support: $936.94 | Resistance: $1076.86
Costco has been a strong momentum stock, consistently outperforming the market. Investors continue to see it as a defensive play with solid growth.
Bull Case: A push above $1076 could lead to new record highs.
Bear Case: If it stalls, a pullback toward $1,000 may be in store.
Will the Momentum Continue?
Momentum stocks can be rewarding but require close monitoring. Many of the names above are testing key resistance levels, making next week crucial for confirming breakout trends or potential reversals.
With the weekend here, take the time to review charts, analyze support/resistance, and prepare for next week’s market action. Momentum never stops—are you ready?
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Please note that the article should not be considered as investment advice or marketing, and it does not take into account the personal data and requirements of any individual. It is not a substitute for the reader's own judgment, and it should not be considered as advice or recommendation for buying or selling any securities or financial products.