Possible Rally Coming Soon

While going over my weekend screens, I noticed a number of stocks "setting up" technically across several different sectors. I feel that many of these stocks still need some time to build the right side of their bases. The market could consolidate while this happens and possibly breakout to the upside over the next 2-6 weeks.

This video reviews the stocks on my watch list and highlights a few that could breakout soon. For best results, I recommend watching this in the highest setting (720p) and maximizing your screen so the charts are clearer.

Please keep in mind that the purpose of this blog is to help people with idea generation. If you trade some of these stocks, PLEASE, PLEASE, PLEASE use stops. In other words, if some of these stocks turn against you and the market doesn’t cooperate…protect your portfolio! Thank you. Good luck trading!

Follow me on Twitter @jfahmy

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  • Based in Boston, MA, Joseph Fahmy is the Chief Investment Strategist of Zenith Asset Management, LLC. Joe has over 14 years of trading experience during which he developed his investment strategy... ... More »

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