Whatever might be the reason behind this move, and however logical or illogical it is. As a momentum trader all that I look for is a low risk entry point. This stock offered such opportunity three days ago. I sold most of the position on the way up and has a very small position open with a stop.
35 top ranked momentum stock :
The top momentum stocks is where the action is in short run. If you are swing trader and not in these kind of momentum favorites then you are missing out on some good opportunities.