Here are a few stocks we are watching, that meet certain conditions. This scan produces candidates which are beginning to base near the 200ma, with strengthening RSI MACD and stochastic all signaling institutions are buying.
DDR is in a sector (IYR) that should catch some love, as the Fed remains dovish. The sector chart turned abruptly higher on Wednesday. STO, MACD and RSI suggest higher prices, if we can get back above the 9/20ema.
HST – same thoughts as DDR, only travel and leisure industry group. Check its competitors. We’ll do the same. STO, MACD and RSI look bullish.
LHO another hotelier/REIT. STO RSI MACD.
MAS is on a daily buy signal. Stops below Thursday (LOD) initially. Target 52 week highs, though not in a straight line. 10e/STO/MACD setup from the book.
That’s it. Make sure to check earnings dates on these candidates. I did not check in the interest of time.
Trade well. Vinny
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