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.
Keep an eye on Majesco Entertainment Co. (COOL) which tried to break out today but failed. I'd be willing to try it again on a re-breakout at $3.35. Cooper Companies (COO), is another one to pay attention to if it can break recent highs at $75.46. Volume is starting to pour in it as well.
Here are 6 Stocks That Are Gaining Momentum.© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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