Mike Webster: Power Trend Leader

Buys leading stocks from Mike Webster’s screen while their uptrend is still healthy rather than overheated: for at least ten trading days even the daily low has stayed above the weighted 21-day average price, and that average sits above a rising 50-day average. At the same time the price is no more than three average daily ranges above the 21-day line, so the share has not run hot yet. It trades no more than 12 percent below its 12-month high and ranks among the strongest 20 percent of the market. Only shares our own deep-dive analysis rates green are bought — yellow or no analysis at all is not enough. The check and any new purchase happen every trading day; a position is sold as soon as the price falls 15 percent below its highest level since purchase, the share drops off the list, or it is no longer rated green.

This portfolio buys shares.