One thing I love to do when we get multiple days of selling like we saw prior to today, is to run a screen and see what kind of stocks are bucking the trend and rising against a clear wave of selling. 

And what I found were six quality setups that are gaining momentum against a market clearly growing bearish. 

Of the six below, the one I like the best is Atwood Oceanics (ATW) which is clearly breaking out above recent consolidation and if this market bounce can hold it should have some legs to run higher as a result. 

Here are six stocks gaining momentum

6-stocks gaining momentum 

You Might Like

  • Fading the Gap: How Large Overnight Moves in SPY and QQQ Play Out During the Trading Day

  • How to Trade a Bear Flag

  • Technical Analysis vs Market Conditions: How to Know What’s Affecting Your Trades