Here's a list of stocks i'm watching into the end of the year. You'll notice a lot of longer time frame downtrends ending and bottoming patterns in this list. I like large bottoming patterns at this time of year because they tend to move VERY aggressively once they break out. Let's dig in.
ACAT has coiled for weeks now. The classic gas guzzling toys play. The risk reward is pretty great for active investors.
CSLT has coiled and coiled for some time now and has finally cleared the resistance line. Can it stick? It's a name in the hot healthcare software space
With Banks showing strength, BOFI has managed to form a continuation triangle after a 15 point rally off the lows of the year. This could make a run at 100 in the coming months.
PAAS is a silver play that's breaking RS resistance and could be a major H&S bottom here.
Speaking of H&S bottoms, if you like home builders, TMHC could be one.
Coming up in the next week or two, I'll be posting about the networking group as a top sector for 2015. Recent IPO ZAYO appears to be a major beneficiary of that recent group strength.
INFI has based out for a year. Is that a head and shoulders bottom? Regardless, with a breakout, this could be a heck of a end of year run.
TSRO has blasted out of a tight inside week and continues to run after this major downtrend break. There could be a double digit % gainer day here soon.
Trade 'em well!
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