The Stockbee 50 is a list of fastest moving stocks in the market. These are stocks with above average momentum.
Stocks with good momentum keep going up. If you are serious about making money, it is a good idea to keep an eye on the stocks in the Stockbee 50 list.
Momentum ranking is relative and so stocks that gain momentum move up the rank and those that lose momentum drop off.
There 23 new entries in the Stockbee 50 list this week. The new entries at some point will setup again. Once they are ready, they can be entered as an anticipation trade or as a breakout trade.
There are 19 that dropped from the list this week. It is also a good idea to keep an eye on these as well as they might setup again for a second leg up.
List of new entrants
List of stocks dropping rank
Biotech stocks have witnessed lot of selling in recent days, that is reflected in the list.