StockScores: Newsletter & Strategy of the Week

Posted by Tyler Bollhorn - StockScores

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Small cap stocks have really lagged the overall market but are now starting to show some signs of life. With that in mind, I set out to find lower priced stocks that were showing patterns which indicate a turn up from long term weakness. Breaks from a rising bottom after breaking the downward trend is a good sign of a downward trend reversal.

SGMO broke the downward trend in October and built a rising bottom in November. Late this week it started to turn up from that rising bottom. This pattern has the Sentiment Stockscore rising. Lack of volume a concern but trading was very light in the market overall this week. Support at $7.

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