{"id":4430,"date":"2016-02-25T03:25:21","date_gmt":"2016-02-25T08:25:21","guid":{"rendered":"http:\/\/www.morpheustrading.com\/blog\/?p=4430"},"modified":"2022-04-06T15:05:02","modified_gmt":"2022-04-06T19:05:02","slug":"best-stocks-march-2016","status":"publish","type":"post","link":"https:\/\/morpheustrading.com\/blog\/best-stocks-march-2016\/","title":{"rendered":"6 Top Relative Strength Stocks To Buy Now"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-4435\" src=\"https:\/\/www.morpheustrading.com\/blog\/wp-content\/uploads\/2016\/02\/images-1.jpg\" alt=\"Facebook stock\" width=\"259\" height=\"194\" title=\"\">If a stock is so strong that it trends\u00a0higher, even while the main stock market indexes are range-bound, the stock is said to have high <a href=\"https:\/\/www.investopedia.com\/terms\/r\/relativestrength.asp\" target=\"_blank\" rel=\"noopener\">Relative Strength<\/a>.<\/p>\n<p>Accordingly, what happens to the price of a stock with\u00a0high relative strength\u00a0when the broad market eventually rallies\u00a0higher as well?<\/p>\n<p>Those stocks typically\u00a0zoom higher, outperforming the broad market gains on the upside, while <i>also\u00a0<\/i>losing less than the major indices in periods of weakness.<\/p>\n<p>This means that relative strength trading maximizes our upside profit potential\u00a0<em>and<\/em> minimizes\u00a0our downside risk (and that&#8217;s key\u00a0in weak markets).<\/p>\n<p>In this video blog post, we walk you through the monthly, weekly, and daily charts of <strong>six of the<\/strong> <strong>strongest\u00a0stocks in the market right now.<\/strong><\/p>\n<p>Grab a pen and paper to take notes, then watch the valuable video below to know the <em>best stocks to buy<\/em> if the bulls retain control in the coming days\/weeks (view in full-screen mode):<\/p>\n<p><iframe loading=\"lazy\" title=\"6 Hot Stocks With Relative Strength To Buy Now - video\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/mpGWtetmSLY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>To recap, the\u00a0six stocks in this video with high relative strength are:<\/p>\n<ol>\n<li>$ORBC &#8211; Orbcomm<\/li>\n<li>$MXL &#8211; MaxLinear<\/li>\n<li>$MITK &#8211; Mitek Systems<\/li>\n<li>$LYTS &#8211; LSI Industries<\/li>\n<li>$HOFT &#8211; Hoover Furniture<\/li>\n<li>$FB &#8211; Facebook<\/li>\n<\/ol>\n<h3><strong>Timing Is Indeed Everything<\/strong><\/h3>\n<p>With a selloff in January that was followed by sideways, range-bound trading action in February, the stock market has provided minimal opportunities for swing and trend traders on the long side so far this year (with the exception of the <a href=\"https:\/\/www.morpheustrading.com\/blog\/buy-gld-etf-2016\/\" target=\"_blank\" rel=\"noopener\">stealth Gold ETF trade<\/a> that we&#8217;re still long).<\/p>\n<p>However, IF the S&amp;P 500 follows on yesterday&#8217;s (February 24) bullish hammer candlestick pattern, stocks could see a bit of bullish price momentum through at least early March.<\/p>\n<p>If that happens, you now have a clean\u00a0list of high relative strength stocks with the potential to show leadership, <em>but<\/em> the more challenging part is knowing precisely when to buy and sell.<\/p>\n<p>For that, simply\u00a0<strong><a href=\"https:\/\/www.morpheustrading.com\/services\/swing-trade-alerts\" target=\"_blank\" rel=\"noopener\">sign up now<\/a><\/strong> for your risk-free subscription to our stock picking\u00a0newsletter and\u00a0be instantly notified of\u00a0our exact entry, stop, and target prices of any of these stocks we buy.<\/p>\n<p><em>Which other high relative strength stocks are you stalking right now? Share your stock picking skills\u00a0with the world by leaving a comment below&#8230;<\/em><\/p>\n<div class=\"cfmonitor\" style=\"padding-top: 30px;\"><center><script src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\" async=\"\"><\/script><!-- Footer of content - Large --> <ins class=\"adsbygoogle\" style=\"display: inline-block; width: 336px; height: 280px;\" data-ad-client=\"ca-pub-7565144363001883\" data-ad-slot=\"6017996961\"><\/ins><script>\/\/ <![CDATA[\n(adsbygoogle = window.adsbygoogle || []).push({});\n\/\/ ]]><\/script><\/center><\/div>\n","protected":false},"excerpt":{"rendered":"<p>If a stock is so strong that it trends\u00a0higher, even while the main stock market indexes are range-bound, the stock is said to have high Relative Strength. Accordingly, what happens to the price of a stock with\u00a0high relative strength\u00a0when the broad market eventually rallies\u00a0higher as well? Those stocks typically\u00a0zoom higher, outperforming the broad market gains [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[3],"tags":[],"class_list":["post-4430","post","type-post","status-publish","format-standard","hentry","category-stock-trading-strategy"],"_links":{"self":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/4430","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/comments?post=4430"}],"version-history":[{"count":1,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/4430\/revisions"}],"predecessor-version":[{"id":11274,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/posts\/4430\/revisions\/11274"}],"wp:attachment":[{"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/media?parent=4430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/categories?post=4430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morpheustrading.com\/blog\/wp-json\/wp\/v2\/tags?post=4430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}