A quick follow-up on the three stocks mentioned earlier in the week.
You can run the screen yourself on Incredible Charts:
- Open the Stock Screener
- Click the Shared tab
- Click the Edit link next to #48895 TMX Potential Breakouts
- Review the filters then click the Run Screen button.
Here is what to look for:
Husky Energy (HSE) broke through resistance at 26.00. 63-day Twiggs Momentum oscillator rises above zero, confirming a primary up-trend. 21-day Twiggs Money Flow holding above zero indicates buying pressure.
Crew Energy (CR) broke resistance a few weeks ago and is now retracing to test the new support level. Respect of support would confirm the primary up-trend.
Bank of Nova Scotia (BNS) is testing resistance at 55.00. Breakout would confirm the strong buying pressure and 63-day Twiggs Momentum recovery above zero.