The Saturday weekend stock screener scans all markets including ETFs for the best looking setups the market has to offer using the Alligator method.
The Alligator method is when a stock moves, shorter time frame moving averages will cross above longer term ones. These crossovers are watched by momentum traders, swing traders, and even longer term investors. When the crossover happens, it looks like an Alligator opening its jaws hence the name the Alligator method.
This week you’ll notice many of the same stocks that were listed last weekend, will appear again. These are stocks you want to pay extra attention to. It means that the stock pulled back, then bounced up again to confirm the Alligator pattern from last weekend’s stock screener scan.
Notice LUV is hot this week with the price of oil dropping. Airlines stand to make more money, a lot more money, when the price of oil drops.
The top performing stocks from this weekend scan that were listed within the last 6 weeks that warrant your attention and further research are:
IBCP = +47%
RUSS = +44%
ESIC = +38%
INDZ = +35%
ITPOF = +32%
PGTI = +31%
WSBF = +25%
LEDR = +23%
NEPT = +23%
PENX = +18%
RDI = +18%
BZQ = +17%
Becareful taking any long positions in any stocks while we are in a strong downtrend.
I do not accept payment to list any stocks on GuerillaStockTrading.com and I do not hold any of the stocks listed in my personal trading account.
Make sure to bookmark http://www.guerillastocktrading.com and return each Saturday for new hot stock screener picks.
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