5 NASDAQ 100 Stocks for Momentum Investors

Today I wanted to find 5 stocks that might be of interest to Momentum Investors so I used Barchart to sort the NASDAQ 100 Index stocks first for the most frequent number of new hihgs in the last month, then again for technical buy signals of 80% or more.  Today's Watch List includes:

Electronic Arts (EA), Alphabet (GOOGL), PayPal (PYPL), Activision Blizzard (ATVI) and Lam Research (LRCX)

Electronic Arts (EA)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 21.05% in the last month
• Relative Strength Index 93.10%
• Technical support level at 95.29
• Recently traded at 109.96 with a 50 day moving average of 90.94

Alphabet (GOOGL)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 10 day moving averages
• 15 new highs and up 13.23% in the last month
• Relative Strength Index 80.51%
• Technical support level at 953.34
• Recently traded at 952.81 with a 50 day moving average of 871.90

PayPal (PYPL)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 14.66% in the last month
• Relative Strength Index 83.15%
• Technical support level at 48.96
• Recently traded at 49.39 with a 50 day moving average of 44.17

Activision Blizzard (ATVI)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 14.15% in the last month
• Relative Strength Index 87.45%
• Technical support level at 53.99
• Recently traded at 55.91 with a 50 day moving average of 49.99

Lam Research (LRCX)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 16.53% in the last month
• Relative Strength Index 75.75%
• Technical support level at 149.73
• Recently traded at 150.50 with a 50 day moving average of 131.71