This screen here is useful for finding those stocks starting to catch some momentum to the upside. This is similar to its sister-screen that I call “Stocks That Are Breaking Down” (but just the exact opposite). For a day like we are seeing today, it is useful to see those stocks that could benefit from an extended rally over the next few days or weeks, should that happen.
A few stocks that look very intriguing to me are Energizer Holdings (ENR) and Lumber Liquidators (LL) both of which are breaking out and the latter of which is doing it on a cup and handle pattern. The other, Celadon Group (CGI), is on the cusp of a breakout and worth adding to your watch list.
Here are the 17 Stocks That Are Gaining Momentum.