Post updated on 9/25/20
Despite market volatility and the recent pullback, our scanning technology found these strong-trending stocks making new 52-week highs.
Will these stocks continue their momentum or reverse their major trend? See the momentum scores below and the last long-term entry signal.
Join MarketClub to get alerts for these stocks and be the first to know if and when the trend reverses.
Tuesday Morning Corp. (TUESQ)
Tuesday Morning is a discount retailer that sells name-brand closeout merchandise across the United States. The company operates over 650 stores in 39 states and employs more than 1500 employees. The stock traded under the $0.30 mark until last August when the stock price began a bullish run.
MarketClub members received a monthly Trade Triangle on September 1, 2020, before TUESQ rocketed up over the $1.00 mark.
| Smart Scan Score: | +100 |
| Open on 9/25/20: | $1.16 |
| Last Monthly Trade Triangle: | 9/1/20 @ $0.39 |
| Unrealized Gain: | $0.77/share (197%) |
JinkoSolar Holding Co., Ltd. (JKS)
JinkoSolar, along with its subsidiaries, design, develop, produce, and market photovoltaic products. The company offers a number of solar products for commercial and residential customers.
JKS hit a 2-year high in early February before falling below the $14 level. The stock price has made a slow and steady rebound, triggering a new monthly Trade Triangle on July 2nd. The stock has been on an upswing since early September.
| Smart Scan Score: | +100 |
| Open on 9/25/20: | $32.50 |
| Last Monthly Trade Triangle: | 7/2/20 @ $19.25 |
| Unrealized Gain: | $13.25/share (68.8%) |
CBAK Energy Technology, Inc. (CBAT)
Headquartered in China, this company, through its subsidiaries, develops, manufactures, and sells lithium batteries. These battery products are used in electric vehicles, electric bicycles, electric tools, and energy storage applications.
Starting in March of 2020, CBAT’s price has crawled slowly up the chart. However, the stock has chained together massive consecutive daily moves since early September.
| Smart Scan Score: | +100 |
| Open on 9/25/20: | $3.50 |
| Last Monthly Trade Triangle: | 6/8/20 @ $0.59 |
| Unrealized Gain: | $2.91/share (493%) |
Owens & Minor, Inc. (OMI)
Owens and Minor, together with subsidiaries, offers a portfolio of products and services to healthcare providers and manufacturers. The product portfolio includes medical and surgical supplies and services that help with supplier management, analytics, inventory management, and clinical supply management. The company sells products and services directly and through third-party distributors.
After moving in a sideways pattern in early 2020, a new long-term trend developed in late March, and MarketClub members received a monthly Trade Triangle. The stock has since made a sharp move to the upside.
| Smart Scan Score: | +90 |
| Open on 9/25/20: | $20.27 |
| Last Monthly Trade Triangle: | 3/30/20 @ $7.84 |
| Unrealized Gain: | $12.43/share (158%) |
Franklin Wireless Co. (FKWL)
This San Diego-based company provides wireless solutions and sales of wireless access products like hotspots, routers, and modems. Products also support machine-to-machine (M2M) apps and the Internet of Things (IoT).
FKWL traded under the $3 level until early 2020 when it made a quick move into all-time highs.
| Smart Scan Score: | +100 |
| Open on 9/25/20: | $15.50 |
| Last Monthly Trade Triangle: | 2/7/20 @ $2.17 |
| Unrealized Gain: | $13.33/share (614%) |
Natera, Inc. (NTRA)
Natera, Inc. provides preconception and prenatal genetic testing services. The company offers non-invasive screening for chromosomal abnormalities, single-gene disorders, and genetic diseases. Natera also offers cord blood banking, cord tissue processing, and cloud-based software products for laboratory use.
A new long-term trend was detected in March of 2020 and the stock has continued to hit new all-time highs.
| Smart Scan Score: | +90 |
| Open on 9/25/20: | $65.18 |
| Last Monthly Trade Triangle: | 3/4/20 @ $40 |
| Unrealized Gain: | +$25.18/share (62.9%) |
Not only are these stocks hitting new highs, but the bullish trend still looks strong for these 6 stocks.
Join MarketClub to scan for stocks with new signals and ride the momentum to even higher highs!
