Big Name Trend Day Trading Stocks for March 5
Today’s Top Trending intraday list includes some big names for the uptrending list.
Which names made the list? Let’s start with our uptrending candidates:
While you may not have heard of our Top Trender today – Edwards Lifesciences (EL) – it does show the most stable degree of intraday trend at this point in today’s trading session.
I’m sure you’re familiar – and perhaps have even traded – the other three “big names” on today’s scan:
Amazon (AMZN), Bank of America (BAC), and Facebook (FB).
Despite the Range Day or low volatility session in the broader stock market, these stocks are breaking into strong intraday trends and may continue their upward action throughout today’s session. To be fair, they also become intraday reversal candidates if the uptrending motion fails.
Our Top Down-Trending Stocks include Edison International (EIX), Sempra Energy (SRE), Kohl’s Corp (KSS), and Chevron (CVX).
For reference, and how we use this list, you can review prior scans to see the outcomes:
March 4th Trend Day Stock Scan
March 3rd Trend Day Stock Scan
February 28th Trend Day Stock Scan
February 25th Trend Day Stock Scan
February 24th Trend Day Stock Scan
Follow along with members of the Daily Commentary and Idealized Trades summaries 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 new 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).
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