Trade Ideas: KAI, BAP, PFN, CTV, DPL, MMA, EZA, CAM

Barring a late day collapse it was significantly better day for the markets. The Trade Ideas scan ducked under 10 minutes in selecting 8 stocks, requiring 8 minutes - not quite "super bull" but better than recent buying.

Two picks: Commscope (CTV) and Kadant (KAI), broke the 20 appearance mark at 25 and 30 hits apiece.

It was interesting to see stocks like Commscope (CTV), Kadant (KAI), Credicorp (BAP) and Cooper Cameron (CAM) rallying from positions of weakness (50-day MA > 20-day MA).

The 1 year charts are mixed. Municipal Mortgage Equity (MMA) has congested into a coiled spring; look for break of $31.70, stop loss on break of $31.25, projected target of $36.50. Scrappy handles are forming in Cooper Cameron (CAM), DPL (DPL), Kadant (KAI) and Credicorp (BAP). But there is nothing looking particularly compelling.



If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial.


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