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Joined Apr 1, 2010
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Worth Eying These New Leading Stocks

Cpii5Lo

I did a post last week on some up-and-coming leading stocks in the technology sector. Over the course of a generally contained bull market correction, I often find it highly instructive to identify the stocks essentially shrugging out the indecision in the broad market and continuing to exhibit strength.

I still want to see some follow-through (and hold) by the market back above the June highs before aggressively ramping up long exposure for what would likely be at least a tradable range. However, the charts below, of BLOX IMPV SABA, are three more examples of second half leaders in the market which are far from crowded trades in the sense that they are not overly-watched. Note the strength and subsequent high/tight basing action.

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BLOX

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IMPV

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SABA

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