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I am continuing my weekly habit to post some interesting swing trade setups among the strongest stocks currently in the market. I look at the strongest 1-2% stocks. This means stocks having a relative strength rating of 99 or 98. I am interested in two major setups: a breakout, which I can buy intraday or an anticipation setup, which I can potentially buy the next day if it clears new 3-day high.
Here are a few anticipation setups for next week: GKOS, RARX, INSP, VCEL, and FN. As you can see, biotech stocks are dominating.
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