Happy Monday, Traderade family! I hope your week ahead is a great one! I've identified three stocks that are worth adding to watch lists as potential long trades.
This technology company is above all its major averages, and has shown incredible resilience in a very challenging market environment for others like it. Notice that while the market is near the June lows, AZPN recently made new highs.
An electronics company that's showing an impressive jolt of buying since June, HUBB recently made new highs and has been resilient as the rest of the market fell. The stock is also above all of its major averages in what can only be described as an unforgiving market.
Everyone's favorite immortal snack, Twinkies, are rising once again as Hostress Brands demonstrates the same staying power as its sweet tweets. The stock recently made new highs and retraced back to its MA(20). It's above its MA(50) and MA(200) and a trend line that goes back to June.