Ten Strong Stocks Making New 52 Week Highs Today
It’s not just Amazon.com (AMZN) that’s breaking to new 52-week highs today.
Let’s take a look at the 10 stocks in the S&P 500 right now that are also breaking out to new highs.
As of mid-day July 6th, these 10 “top” stocks in the S&P 500 broke to a fresh new 52-week high.
In many cases we’re seeing all-time highs trigger for these stocks.
We believe in the principle “that which is strong tends to get stronger” which is why we focus our stock scans and longer-term investments (or longer-term swing trades) off “strong stocks getting stronger” stock scans and lists.
Here’s the charts of these “strong getting stronger” candidates:
The list includes names you’ve heard of (Amazon.com, Wal-Mart, Merck) and perhaps names you haven’t.
As you do your research and stock scans, focus on names like these for pullback or breakout strategies.
Follow along with members of the Afraid to Trade Premium Membership for real-time updates and additional trade planning.
Corey Rosenbloom, CMT
Afraid to Trade.com
Follow Corey on Twitter: http://twitter.com/afraidtotrade
Corey’s book The Complete Trading Course (Wiley Finance) is now available along with the newly released Profiting from the Life Cycle of a Stock Trend presentation (also from Wiley).
In my view it’s good time to do trading, but again we got to be very careful with how we work since it’s only way we will be able to work out things and that’s how I am able to achieve profits regularly with ease. I go with OctaFX broker and that’s where I find things pretty good with working especially with small spread from 0.1 pips and there are no issues over slippage or re quote, so that further boost my performance.