These six stocks hail from the MarketSmith Scan “Breaking Out Today” with most closing positive on the day. Look for these stocks to follow through as accumulation becomes more evident.
Additional Stocks From MarketSmith Scan
Amgen (AMGN) was the top gainer in the Dow, up 5.5%.
Boeing (BA) also did well in the stock market today, up nearly 3%. Several above-average volume price gains recently have boosted Boeing’s Accumulation/Distribution Rating to A-.
Albemarle (ALB) briefly topped a 308.34 buy point but closed just off highs. After hitting a low near 250 last week, Albemarle needs to take a breather for a better entry.
Palo Alto Networks (PANW), Fortinet (FTNT) and PayPal (PYPL) rose on Tuesday, as the Nasdaq posted some exceptional gains to start the week.
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Happy Trading,
Vinny
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