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6 Stocks Ready For A Bounce

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May 09, 2011 – Comments (0) | RELATED TICKERS: F , PCH , TZOO

Here's one of my newest stock screens - it involves a mixture of high-risk knife catching setups with out-sized reward setups, should the stock bounce as their internal indicators are starting to suggest. These stocks have taken a royal beaten of late, and while the trend could very well continue down in the short-term, there is becoming an increasing likelihood that these stocks could bounce any day now.

The one showing the most appeal to me is Travelzoo (TZOO), which is sitting on a load of support at its current price levels, and should it bounce, could make a move back to the lower-$80's.

Here are 6 Stocks Ready For A Bounce.

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