Top 50 momentum stocks for swing traders | stockbee

11/06/2013

Top 50 momentum stocks for swing traders

The market continues to show breadth deterioration, but no major breakdown in indexes. A sideways moves of few wees, might result in continuation setup.

Markets have shown tendency to bounce back vigorously from pullbacks but struggled to make new high. After making marginal high they have tended to pullback. So we have settled in to a zig zag up move.

Many stocks with momentum are reflecting the same pattern seen in indexes. That means you either buy a pullback or be selective on breakout setups. There are still some good breakouts setups.

ICON is a good example of that kind of breakout setup that has worked. Stock had a high volume breakout 6 days ago. It showed up in Range expansion scan. Since then stock has had a nice up move. But ICON kind setups have been few.


While there are many earnings related breakouts happening, many of them are just one day affair with no follow through.

The momentum stock universe continues to show good consolidation in many names and around 12 to 15 stocks are setting up very well for possible breakout.

Top 50 Momentum stocks

CSIQ
ACAD
ZHNE
RSOL
IDRA
CSUN
SPWR
JKS
TSL
VIPS
OXBT
GENT
HSOL
RVLT
GST
GALT
LCI
TSLA
KERX
MTG
EVC
IQNT
RAD
FOE
YGE
HIMX
NXST
GTN
BCRX
STP
SUNE
ZLTQ
ADUS
LIN
ROIAK
CLDX
NFLX
PLUG
SOL
CLVS
BEAT
EDMC
III
FDML
NOAH
ABFS
YELP
ANAC
AEGR
ARWR


As a swing trader momentum stocks offer you the best choice of fast movers in the market. 

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