The Daily Stock Watchlist From 'Money Mitch': Box, Sprouts And More

Mitch Hoch discussed the stocks he will be watching Tuesday on Benzinga's YouTube show "Money Mitch."

Hoch likes the technical setup on Box Inc BOX. The stock broke out of its downward trend on Monday, he said, adding that he will be watching to see if it's able to hold the $21 level.

The "Money Mitch" host is also watching Dropbox Inc DBX in the data storage space. He will be watching to see if the stock can make a move above the $25 level on Tuesday. 

Hoch will also be watching the consumer defensive sector on Tuesday. Kroger Co KR is starting to trend upwards, he said, adding that if it pulls back Tuesday, he will be looking for a bounce-back up to the $39 level. 

Sprouts Farmers Market Inc SFM is another stock in the consumer defensive sector with a chart that is starting to build on a technical basis, Hoch said. 

Live Ventures Inc LIVE is the only outperforming stock Hoch owns right now. He told traders to keep an eye on the stock moving forward.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Pre-Market OutlookMediaTrading IdeasMitch HochMoney Mitch
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!