This is a stock screen similar to “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.
So much has changed since the last time I ran this stock, and instead of looking for breakout plays like I was doing before, I’m looking for stocks that are prime for a quick recover. And to that end, the ones that stuck out the most for me were Seaboard Corp. (SEB), Knight Capital Group (KCG), Consolidated Edison (ED), and Infinera Corp. (INFN)
Here are the 27 Stocks Gaining Momentum.