# What to Watch Today (2026-09-21): Momentum Names Challenge Resistance Levels
Momentum stocks are testing key resistance levels as oversold names search for bottoms in Monday's session.
Bullish Setups to Watch
META ($665.75) continues its strong weekly run with a clear path to $685. RSI approaching overbought territory but momentum remains intact—watch for any pullback to $660 as an entry point.
CRWD ($237.65) builds on last week's massive +15% surge with room to reach $250. RSI at 60 shows the cybersecurity stock isn't overextended yet, making it a prime momentum play.
COST ($895.31) presents a mean reversion opportunity ahead of Thursday's earnings (Sept 24). The retailer looks oversold with a realistic bounce target of $910 if it can hold current support.
Bearish Risks in Focus
NFLX ($71.79) remains deeply oversold after a brutal 7.25% weekly decline, but the streaming giant shows no signs of stabilization. Any bounce could be short-lived with downside to $68 still possible.
PEP ($129.75) sits at 52-week lows with RSI at 26, but the beverage giant hasn't shown reversal signals yet. Further weakness toward $125 looks likely without a fundamental catalyst.
Top Trade Idea: NFLX Oversold Bounce Play
While our AI signals remain bearish on Netflix with a $68 target, the severe oversold condition (RSI in oversold territory) creates a potential contrarian opportunity. Watch for any early strength above $73 as a signal that institutional buyers might be stepping in. However, keep stops tight—any failure to hold $70 could accelerate the decline toward our bearish target.
Today's Catalysts
No major earnings or Fed speakers scheduled. Focus remains on technical setups and any crypto developments that could impact COIN's momentum.