The market is beginning to act as if it never had a sell-off, and “V” shaped bounces are becoming the new definition of a market bottom and recovery. With that said, I’ve put together a slew of stocks that are showing a lot of momentum, and/or setting up for a huge breakout.
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 the 16 Stocks That Are Gaining Momentum.
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