Running With the Bulls

There's always a bull market somewhere, but lately it seems as if a bull market can be found almost anywhere. There is a good side and a bad side to an unbridled bull market. On the bright side, stocks in uptrends that form bullish patterns tend to do well. Bullish breakouts tend to run, allowing traders to stretch their gains. Traders who have the discipline to hold on to winners a little longer or set their targets a bit further away have been rewarded for doing so.

On the other hand, when markets seemingly move in a straight line, it gets harder to find stocks that are pulling back and setting up for a long entry. Those stocks are out there, one just has to look for them. Scanning the charts today, a few names popped up that fit the bill. Maybe the most interesting of these names is FedEx (FDX)....287 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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