All charts in this post are powered by MarketSmith
High-momentum stocks can be excellent sources of swing trades because they tend to make big moves in both directions. Here are a few stocks with a relative strength rating of 99 that might offer good opportunities in the next few days/weeks:
AMRN bounced from its rising 50-day moving average. It needs to clear $20 to get me interested on the long side.
CRON – cannabis stock working on a high tight flag. It needs to clear $22 – 22.30 to get me interested.
SE – a few days tight of tight-range consolidation near its all-time highs.
Check out my last two trading books:
Swing Trading with options – How to Trade Big Trends for Big Profits
Top 10 Trading Setups – How to find them, hot to trade them, hot to make money with them.
