Its time for the weekly momentum gainers that you need to be keeping a close eye on. This week, there are about 14 stocks that have some intriguing appeal to them. One that is setting up nicely is Johnson & Johnson (JNJ), which bounced nicely off of its March lows, and looks to breakout once it clears $60.18.
This is similar to its sister-screen that I call “Stocks That Are Breaking Down” (but just the exact opposite). A lot of these stocks are positioned for breakouts in the near future. If you are a momentum trader, you have to take a look at the charts of each of these stocks listed below. Each of the stocks below were hand-picked from a list of screen returns of more than 100 stocks/ETF’s. These are the ones that I would consider the best of the best from those returns.
Here are 14 Stocks That Are Gaining Momentum.
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