The ‘V’ shaped recovery was under pressure today. However stocks with momentum were still going up.
Today’s top 5 biggest winners from Stockbee50 list were RCPI(13.04%), KITE(11.35%),
CACH(9.09%), ADXS(8.55%) and TTPH(8.31%)
Today’s top 5 biggest losers from Stockbee50 list were WTSL(-40.00%), IMRS(-15.28%), CTSO(-
14.16%), JOB(-11.11%) and SUTR(-8.24%)
The Stockbee 50 provides a great list of stocks with above average momentum.
Stocks with above average momentum, move in sharp 3 to 5 burst of 8 to 40 % magnitude. They
offer a good 3 to 5 days opportunity for a swing trader.
Stockbee50 list can provide candidates on the long side as well as on the short side. The stocks that
have gone up a lot or are extended can offer short opportunity if they breakdown.