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SharePlanner (< 20)

27 Stocks That Are Gaining Momentum



April 26, 2011 – Comments (2) | RELATED TICKERS: MSFT , UNTD.DL , AOL.DL

It's time for the weekly momentum gainers that you need to be keeping a close eye on. In particular, I would watch Microsoft (MSFT) which is putting in a nice double-bottom, and at current prices makes for an appealing trade with the opportunity to see it move as high as $28.00. I also like United Online Inc. (UNTD) which is forming this perfect cup and handle pattern. Though it failed to hold the breakout level, it is still a valid play at $6.57.

This is similar to its sister-screen that I call "Stocks That Are Breaking Down" (but just the exact opposite). A lot of these stocks are positioned for breakouts in the near future. If you are a momentum trader, you have to take a look at the charts of each of these stocks listed below. Each of the stocks below were hand-picked from a list of screen returns of more than 100 stocks/ETF's. These are the ones that I would consider the best of the best from those returns.

Here are 27 Stocks That Are Gaining Momentum.

2 Comments – Post Your Own

#1) On April 26, 2011 at 9:29 PM, Varchild2008 (85.11) wrote:

My stock (GME) is not in your list despite trading up $7.00 or so in about 4 weeks time?  Produced 52-week highs last week.

Ah well...You get +1 rec from me anyhow :-)

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#2) On April 27, 2011 at 8:41 AM, SharePlanner (< 20) wrote:

haha - thanks!. That is an awesome trade that you made. 

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