Sunday, December 18, 2011

4 Stocks to watch for a move higher into year end

Here are 4 charts of stocks with good looking patterns that are showing good relative strength.  Should we trade higher into year end, or even just get the bounce after some weakness here that I'm watching for, these could be the leaders.

Besides that little false start, this looks like a stealth bull flag

WARNING: This only 50-day averages just under 250k shares a day

Can it hit 50 into year end?

Going for a late year breakout?

While these could go higher without the broad market participating, I always like to have the "wind at my back", meaning I would prefer to have a move higher in the overall market.   

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