Rooting for the Underdogs

Who doesn't like an underdog? How about one that is 20% off its March highs? Or one that is down 20% for the quarter?

Sometimes, looking for beaten-down names is a way to play a market that a trader may feel is a little extended or due for a break. Refiners have been struggling of late after starting the year strong. In fact, they have been consistently appearing on my short screens -- until today. Finally, one name, Western Refining (WNR), showed up on my reversal scans. The stock actually looks like it may be ready to move higher on the daily chart....253 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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