5 NASDAQ 100 Stocks for Momentum Investors

This morning I used Barchart to sort the NASDAQ 100 Index stocks first for the highest number of new highs in the last month, then again for technical buy signals f 80% or more, Next I used the Flipchart feature to review the charts for consistency.  The stocks added to the Watch List today include:

Netease (NTES)

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 32.03% in the last month
• Relative Strength Index 76.08%
• Technical support level at 171.08 
• Recently traded at 175.79 with a 50 day moving average of 146.41

Nvidia (NVDA)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving aerages
• 10 new highs and up 23.02% in the last month
• Relative Strength Index 84.14%
• Technical support level at 45.39
• Recently traded at 45.90 with a 50 day moving average of 37.52

T-Mobile (TMUS)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 7.15% in the last month
• Relative Strength Index 72.93%
• Technical support level at 41.93
• Recently traded at 42.54 with a 50 day moving average of 39.64

Intuit (INTU)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 4.23% in the last month
• Relative Strength Index 106.46
• Technical support level at 64.15
• Recently traded at 107.89 with a 5 day moving vaerage of 103.00

Adobe Systems (ADBE)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 4.71% in the last month
• Relative Strength Index 67.69%
• Technical support level at 98.49
• Recently traded at 100.14 with a 50 day moving average of 95.13