Here’s one of my newest stock screens – it involves a mixture of high-risk knife catching setups with out-sized reward setups, should the stock bounce as their internal indicators are starting to suggest. These stocks have taken a royal beaten of late, and while the trend could very well continue down in the short-term, there is becoming an increasing likelihood that these stocks could bounce any day now.
The one showing the most appeal to me is Travelzoo (TZOO), which is sitting on a load of support at its current price levels, and should it bounce, could make a move back to the lower-$80’s.
Here are 6 Stocks Ready For A Bounce.
