The Strategy of The Week: 3 Stocks That Meet It

Posted by Tyler Bollhorn - StockScores

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perspectives strategy

perspectives strategy

The small cap stocks are getting better, at least those outside of the commodity sectors but they still have some more work to do until they start to show good chart patterns. Right now, the area of the market that has recovered the best from the correction are the stocks that suffered the least – the higher priced stocks with stronger liquidity. Here are a few Position Trade candidates for your consideration. I found these using the Stockscores Simple Weekly Market Scan.

perspectives stocksthatmeet

IBKR started its show of strength a couple of months ago but that upward surge was tempered by the correction, which took prices back down to support. Support was never broken and with the recovery in the overall stock market, the stock is now moving to multi-year highs again.

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PVTB has been a strong performer over the past couple of years but has trended sideways for most of 2014. It is now breaking through resistance and looks like it can continue the long term upward trend toward the $45 all-time high range.


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3. RDN
RDN has sat below $15 resistance for seven years but last week it finally broke through that price threshold and looks like it is ready to start a market beating trend.

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….for the Weekly Commentary continue reading HERE