This is one of the relatively new stocks screens that I have rolled out in the past month, which is a good way to find those stocks starting to catch some momentum to the upside. use to you in finding stocks that should start catching a bid. This is similar to its sister-screen that I call “Stocks That Are Breaking Down”. A lot of these stocks are showing signs of finally gaining some footing in this rough and turbulent market, and could be ready for a full-fledged rally in the coming days/weeks ahead. There is also subtle signs that money is starting to pour into these names in a rather subtle manner.
The last time I ran this screen it produced HNR – which was one I also specifically pointed out in the post, and since this it has rallied over 45%. Not bad, eh? Another one I want you to pay close attention to and is one that I just initiated a position in is URS. I has seen a huge increase in volume and is ready for a breakout.
Here are the 23 Stocks That Are Gaining Momentum.
