As the overall market consolidated for some weeks, many stocks in IBD 100 pulled back. Now some of them are breaking out. Now those who are following the one month weakness to time entry in IBD 100 system which I talked about couple of times last month would find many attractive breakouts.
CRNT,Ceragon Networks Ltd (Google Yahoo Earnings Chart)
CTRP,Ctrip.com International (Google Yahoo Earnings Chart)
CYNO,Cynosure Inc (Google Yahoo Earnings Chart)
FMCN,Focus Media Holding Ltd ADR (Google Yahoo Earnings Chart)
FSTR,L.B. Foster Co Cl A (Google Yahoo Earnings Chart)
GRMN,Garmin Ltd (Google Yahoo Earnings Chart)
SNHY,Sun Hydraulics Corp (Google Yahoo Earnings Chart)
SYNA,Synaptics Inc (Google Yahoo Earnings Chart)
TDG,TransDigm Group Inc (Google Yahoo Earnings Chart)
These stocks have a 4% breakout plus month price growth of less than 10%.
You get best results for IBD 100, IBD 200 or Double Trouble system after a overall market weakness. Overall market weakness acts as a drag on high performing momentum stocks, where they have orderly pullback, once the market starts rallying again, they rebound. For playing the swing, that is the sweet spot for low risk entry.
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