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.
I’m essentially looking for stocks to rally this week into the Bernanke Jackson Hole Speech. At which point if the news isn’t significant enough to match the proceeding ramp up in equities, we’ll likely see a sell-off.
Here are the 6 Stocks Gaining Momentum.
