Momentum is your friend if you are a swing trader. Stocks can spend months or years going no where, but once they enter a momentum phase, they offer both long and short opportunities.
When stock has confirmed momentum it tends to move in short momentum bursts of 3 to 5 days. These moves can be of 8 to 40% magnitude. After the momentum bursts the stock can reverse or go in to another consolidation or range.
As a swing trader you can find the momentum pauses and wait for a breakout or buy in anticipation of the breakout.
Top 50 stocks by momentum for swing traders:
When stock has confirmed momentum it tends to move in short momentum bursts of 3 to 5 days. These moves can be of 8 to 40% magnitude. After the momentum bursts the stock can reverse or go in to another consolidation or range.
As a swing trader you can find the momentum pauses and wait for a breakout or buy in anticipation of the breakout.
Top 50 stocks by momentum for swing traders:
NNVC |
ACAD |
IDRA |
CSIQ |
VIPS |
CPRX |
RVLT |
ZHNE |
DQ |
TSL |
CLDX |
JKS |
TSLA |
BCRX |
SPWR |
AEGR |
RSOL |
CNIT |
GALT |
HSOL |
GST |
NFLX |
HIMX |
PLUG |
EGLE |
YGE |
LCI |
CSUN |
CLVS |
PACB |
GNVC |
SKBI |
EVC |
STP |
RAD |
MTG |
ISIS |
NXST |
BEAT |
ACRX |
IQNT |
LIN |
INO |
AFOP |
SOL |
OWW |
KERX |
PSDV |
GTN |
SVU |
If you are swing trader look for pullback or consolidation in these stocks to watch for entries.
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