) -- Tech stocks are gaining strength this summer. Heck, even Wall Street whipping boy
) has managed to best the broad market's advance since the correction hit the brakes in late June. That's saying something.
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And that technology stock outperformance isn't showing any signs of abating. In fact, as earnings season heats up, investors should expect the tech sector to continue to gain steam. On a relative strength basis, it's the most attractive place to park your cash by far.
That's why we're taking a technical look at the trading setups brewing five tech stocks today.
For the unfamiliar,
is a way for investors to quantify qualitative factors, such as investor psychology, based on a stock's price action and trends. Once the domain of cloistered trading teams on Wall Street, technicals can help top traders make consistently profitable trades and can aid fundamental investors in better planning their stock execution.
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So without further ado, let's take a look at
five technical setups
worth trading now.