This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Huge Stocks to Trade for Gains in March

Advance Auto Parts

Advance Auto Parts (AAP - Get Report) has seen some interesting price action of its own lately. But the most interesting part of AAP's chart may be the price action that hasn't happened yet.

That's because Advance is currently forming an ascending triangle pattern, a bullish setup that's formed by a horizontal resistance level above shares (in this case at $81) and uptrending support below shares. Essentially, as AAP bounces in between those two technically important price levels, it's getting squeezed closer and closer to a breakout above that $81 price ceiling. When the breakout happens, we've got a buy signal for this stock.

Momentum adds some extra evidence for upside in AAP. While it's shallow, 14-day RSI has been in an uptrend since shares spiked following third-quarter 2012 guidance at the end of October. Since momentum is a leading indicator of price, that's a good sign for traders right now.

Extra evidence aside, it's critical to wait for the price breakout before becoming a buyer. Don't be early on this trade.

5 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $131.39 0.00%
AAP $157.50 0.00%
HBI $32.45 0.00%
KBR $18.54 0.00%
SPY $213.50 0.00%

Markets

DOW 18,285.74 +0.34 0.00%
S&P 500 2,130.82 +4.97 0.23%
NASDAQ 5,090.7940 +19.0510 0.38%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs