The Buzz 🐝 Week 11

Welcome to The Buzz! 

Week starting May 15, 2023 | Edition No. 11 

Our mission at The Buzz is simple: to identify and profit from the most-talked-about stocks on social media. 

Every week, we compile a list of stocks trending tickers that are experiencing a large increase in the investor interest. We use social media data from our partners at Likefolio. 

In each weekly report, we outline 1-3 actionable trades. We also take a closer look at a few other charts from our list. Some weeks will have more actionable setups than others, as we don’t want to force trades. 

With any bottoms-up scan, many of these stocks are at the mercy of the broader market. We will always consider the current market environment when identifying our long/short ideas. 

None of these setups are guaranteed to work. Profitable trading requires you to take small losses and let your winners run. If price closes below our risk levels, we want to take the small loss and move on, to preserve capital for future opportunities. 

As always, feel free to reach out to me at Patrick@thechartreport.com with any questions or feedback. 

Let’s dive into this week’s list of trending tickers!

Download as TradingView Watchlist 

This table shows the rate of change in weekly mentions relative to a longer-term average of mention history. In less technical terms, this list shows us the most popular stocks on social media last week. 

List Overview 

As always, this week’s list was a mix of good, bad, and ugly chart setups. 

Our favorite setups this week include $PRI, $CELH, and $IDCC. 

Some of the ugliest setups this week include $WSBC, $BROS, $EVR, $SWKS, and $FOUR. 

The five largest: (By Market Cap) 

• $SU
• $RYAAY
• $SWKS
• $MGA
• $CELH 

The five closest to 52-week highs: 

• $RYAAY
• $IDCC
• $ITRI
• $CELH
• $ICUI 

The five most shorted: (% of float held short) 

• $FOUR
• $BROS
• $CELH
• $NSSC
• $VECO 

Let’s kick it off with our three favorite long setups…