STRATEGY OF THE WEEK

The Abnormal Action Market Scan strategy looks for stocks making abnormal price jumps on the daily chart. Where these jumps come from after predictive chat patterns, there is a signal to take a position trade. I ran this scan on Monday morning and found a few that look pretty good:

STOCKS THAT MEET THAT STRATEGY

1. ANTH
ANTH is breaking to the upside after bouncing off of its upward trend line. It is breaking the shorter term downward trend line, indicating the market is back to being Bullish on the stock

2. VIMC
I featured VIMC to my daily newsletter subscribers (www.tradescores.com) on Friday after it made a break from a good pattern. It is up another 13% today and still has that good pattern break which should lead it in to a long term upward trend. Support at $8.85.

3. RDN
RDN is a stock that I featured a few months ago at $16.38, it is making a good long term breakout today and looks like a good position trade candidate. Support now at $17.

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