Relative Strength Stocks: $MARC, $BKD

MARC continues to attack new 52wk highs. Gaining 39% last week.

BKD closes at 1.89 to a new 2 yr high. Volume is pretty convincing in the weekly chart. Either there’s a group trying to play this one out, or there is real accumulation going on. Either way, we’ll just follow the line of least resistance and trail our stops.


Relative Strength Stocks – $GSMI, $PGOLD, $MARC, $MCP

Filtered stocks MA20 > MA50 > MA100.
Sorted according to relative strength.

These are stocks worth trend following.

GSMI – nice tight flag/pennant forming.

MARC – sudden spike in volume the past week may signal something is brewing.

PGOLD – still near and doing new all time highs. parent COSCO may also be a new flavor of the month.

MCP has just recently joined the party with its MA50 crossing over MA100. The stock is also showing a nice cup and handle.