When considering the selling we have seen throughout this month, a title such as the one to this post, is no doubt - Bold. The screen results are nearly cut in half from the week before (previously 15), which means the stocks below represent some of the market's strongest upward trend-lines that are still in place. One such stock is IDT who has been on a major tear since it was below a dollar. In fact, all these guys, over the past year, have done is remain firmly committed to the their bullish trendlines, and even when there was a lot of market volatility, they ignored it for the most part and kept moving upwards.
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Ryan (@shareplanner) specializes in swing trading strategies and is the founder of SharePlanner which he created to help and teach others on how to trade stocks better using multiple approaches and time frames. Each day you can count on Ryan to provide his trading advice as well as transparency in every trade that he makes. Ryan Mallory resides in Central Florida. More >>