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Relativestrength

Stocks to Watch Relative Strength Edition The Market's longer term uptrend still intact. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 24 total stocks on this list Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
NASDAQ:MTTRLong
by Jtacher51
6
Relative Strength continues in $TTDThis is a great example of a favorite chart construct of mine. Regardless of the ticker (although I do favor $TTD) I find this chart construction to be very beneficial to keeping things simple, effective and efficient. The following are key takeaways... Top third - Current price, line chart - looking for absolute support/resistance, uptrending/downtrending specifics. --->>> K.I.S.S. mentality here. Middle third - Price of underlying vs. $SPXL (in this case) - Relative strength of the underlying security vs. $SPXL gives a great shot of whether or not I even need to be considering a specific holding over $SPXL. I also show the 63 day SMA on this ratio chart. Bottom third - RSI of the RS chart (middle third) - the goal here is to look for trending momentum either up or down as well as spotting critical divergences. I find divergences of this magnitude to be more reliable (tradeable) than your average price of underlying divergence. Shown is an example with $TTD.. @dgorghuber (TV) @Futures_Runner (Twitter)
NASDAQ:TTDLong
by dgorghuber
REITs could lead the next upswing, $PSB is showing itAfter NYSE:PSB topped in mid-April has been forming a long base. I see a "low cheat" with a breakout above $168.88 with a good follow through above $165 resistance zone. Today is making that second breakout and could be a good day to get in the stock. I'll be waiting for volume confirmation. NYSE:PSB has a IBD relative strength rating of 77. Is not the minimum 80 that I like to see, but still the chart is looking very good. Another stock in the same industry that is going for the breakout is NYSE:WY . Is currently trading at $38 and the pivot buy zone is at $42. The only thing that I don't like is that AMEX:PW , which has the #1 rank in the industry by IBD, already made the breakout from its base and last week made a hard throwback. If this industry leader doesn't holds above $49 could be a bad sign for the rest.
PLong
by dpuleo19