5 Stocks Showing Strong Trends

Corey Rosenbloom:  For intraday traders, it’s often difficult to buy a strong stock in a strong intraday trend.  The minute you buy will be the minute the trend reverses, you think.

However, this can be an excellent strategy for new traders to practice, particularly when trying out trading pro-trend or retracement strategies.

Let’s take a look at five stocks in the S&P 500 that specifically showed a strong intraday Trend Day.

In alphabetic order (discussion after the 5-min intraday charts):

Allergan (AGN):

AVG Allergan strong intraday trend day trading

Dominion Resources (D):

Dominion Resources D Stock Intraday Trend Day Trading

Disney (DIS):

(...)Click here to continue reading the original ETFDailyNews.com article: 5 Stocks Showing Strong Trends [The Walt Disney Company, Hershey Co, Dominion Resources, Inc., Allergan, Inc.]

You are viewing an abbreviated republication of ETF Daily News content. You can find full ETF Daily News articles on (www.etfdailynews.com)

Sign Up

Get the InvestingChannel
Free e-Letter Today

Learn More

Independent market opinion, analysis and ideas - delivered every business day

Premium market opinions, analysis, and ideas - delivered every business day

Editor's Picks