2 Health Care and 2 Tech Stocks Set to Go Higher on Continued Momentum

NEW YORK (TheStreet) -- Here are two health care and two technology stocks to watch for continued momentum.

AMED ChartAMED data by YCharts
1. Amedisys

Amedisys (AMED), a home health and hospice care provider, has been in a rising channel since last June, when it broke out of a base. The stock wedged and broke out again several times, running to the top of the channel, and has been consolidating since the start of this year. In the last month, the stock has rallied off support and looks poised to break out of its consolidation, especially with the big day Wednesday, up $2.54, or 8.7%, to $31.67 on 674,400 shares traded on an analyst upgrade. That's the biggest volume on an up-day since October. It closed slightly above the prior high, which is important in terms of the breakaway move. The target is the top of the channel at $39-to-$39.50.

If you liked this article you might like

Here's What Blackstone Bought and Sold in the Fourth Quarter

Here's What Blackstone and KKR Are Buying

Republican Sweep Poised to Agitate ACA-Vulnerable Health Care Services Stocks

Blackstone, KKR Unveil Second-Quarter Stock Picks

Blackstone, KKR Stock Picks Show Distinctly Bullish Tone