While relatively few stocks in Your Weekly Review have broken out past buy points, many are on track to reach those bullish levels.
A scan of today’s list shows more than two dozen stocks forming bases. Their price trajectories no longer are pointing downward, and instead are curving upward.
A preliminary look showed the average stock on the list was 7% from a 52-week high. That leaves stocks much closer to breakouts than just a couple of weeks ago. Many of the bases are found in the midsection of the list, which is sorted by industry group ranking.
Here are three of the read more >>>
Source : Investors.com