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Several stocks keep on rolling out of our scanners. Today I selected 3 stocks with interesting volume patterns and (in one case) interesting fundamentals. Let's take a look:
| Ticker | Industry | EPS this Y | EPS Next Y |
|---|---|---|---|
| $MTOR | Consumer Goods, Auto Parts | 319.72% | 40.52% |
| $MDVN | Biotechnology | -11.93% | -88.10% |
| $ZAGG | Specialty Retail | 52.80% | 16.25% |
From all four stocks, $MTOR is showing a very interesting Effective Volume pattern. It launched higher on high volume. It is also showing huge large player buying (red line). Finally, $MTOR has the highest fundamental rank in this list.
$MDVN could break out above the 75 price level. It is showing slow but steady large player accumulation and offers a nice place to put in a protective stop (around 69).
$ZAGG has good fundamentals, but due to it's downwarded slope it can just be played on the short term, aiming for a 10% gain, while trailing it with a stop.
As always, control your risk. This post is no advice to bull or sell underlying assets.
This is a good watchlist to use during this week of trading. I put next to the selected stocks that are ready to breakout the EPS of this year and the projected EPS for next year. Also including is the Effective Volume Indicator. Explanation about this minute-by-minute calculated volume can be found on this page.
The complete wachtlist in ChartMill
Good luck trading!
| Ticker | EPS (This Year) | EPS (Next Year) | Rising EV |
| $AMKR | -56.36% | 35.82% | No |
| $CERN | 26.99% | 19.74% | Yes** |
| $CHS | 28.71% | 13.59% | Yes |
| $COP | 17.70% | 7.41% | No |
| $CRL | 142.70% | 10.04% | No |
| $CVA | 186.83% | 15.00% | No |
| $CVI | 2292.79% | -2.39% | Yes |
| $DLPH | 41.48% | 14.88% | No |
| $EMN | 59.67% | 14.20% | No |
| $EQIX | 109.34% | 39.29% | No |
| $FAST | 34.43% | 19.59% | No** |
| $FOSL | 22.20% | 20.40% | Yes |
| $GTE | 220.82% | 27.12% | Yes |
| $HOLX | 344.93% | 10.14% | Yes |
| $HUN | 1801.82% | 17.68% | Yes |
| $ICE | 28.97% | 12.09% | Yes** |
| $KKD | 4764.38% | 12.50% | Yes |
| $LO | 17.82% | 11.43% | No |
| $MAKO | 21.25% | 75.50% | No |
| $MAR | -54.86% | 20.50% | Yes** |
| $MDAS | 52.50% | 9.43% | No |
| $MRGE | 73.75% | 65.38% | Yes* |
| $NCR | -56.84% | 7.36% | Yes |
| $NKTR | -194.17% | 38.90% | Yes* |
| $PSS | -255.93% | 41.75% | Yes |
| $RSG | 18.64% | 11.94% | Yes* |
| $SKS | 24.84% | 16.00% | No |
| $TJX | 17.32% | 11.69% | Yes |
| $TXT | 159.02% | 19.37% | Yes |
| $VCLK | 26.77% | 18.64% | No |
| $VFC | 54.09% | 15.15% | Yes |
| $WBC | 248.11% | 23.35% | No* |
Ivanhoff published the StockTwits 50 list this weekend!
The charts and relative strength lines can be viewed on ChartMill
All 50 StockTwits Charts with Relative Strength Line
We like some confirmation of the Large Effective Volume. These stock meet up with the Large EV criteria.
StockTwits 50 and Effective Volume
More info on the STW50 website www.stocktwits50.com
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