Specifically, each of these stocks are forming bullish basing patterns near their recent highs (these are not stocks that have already broken out and are too extended to buy).
The 9 stocks setting up for momentum breakout swing trade entry are: Radnet ($RDNT), Tower Semiconductor ($TSEM), Illumina ($ILMN), Abraxas Petroleum ($AXAS), Alcoa ($AA), Warren Resources ($WRES), Hawaiian Holdings ($HA), Natus Medical ($BABY), and Super Micro Computer ($SMCI).
As a bonus, this video also highlights a few weak stocks that could be put on a short selling watchlist (only if the stock market suddenly enters into correction mode).
For best viewing quality, watch the video below in full-screen mode by clicking the rectangle icon on bottom right side of video player window:
As shown in the video, the Morpheus Stock Screener provides you with a quick and easy way to do end-of-day stock scanning for the best breakout, pullback, and short selling setups in US, Canadian, Indian, and UK equities markets.
To learn more about how the screener works, click here and watch the helpful videos on the “Video Tutorial” tab of the page (the FAQ tab will answer your questions).
Take our stock screener on a 1-month test drive for just 5 bucks (only $11.95 per month thereafter).
If you prefer a more hands-on, educational approach to stock picking, your subscription to The Wagner Daily newsletter includes free access to the screener.
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What I think if they have taken right strategies it will not happen.