Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

8 Short Term Momentum Plays


Below are 8 short-term trading setups for day or swing trading.$AFOP pausing as the market retracts.

$PKOH coming close to new highs as the market declines. Showing good relative strength as it forms a mini base.

$CASC forming a base on base with potential to run if it breaks to new highs again.

$MPAA building a flat base after a clean runup. Autoparts has been strong, so watch this play for a breakout.

$ALLT forming an ascending wedge. Holding up well with a lower volume pullback.

$PLPC is one of my favorites right now. Consistent and clean bases and breakouts with a current symmetrical triangle in the works. Will be watching this one today.

$SHZ has been moving hard and fast. Offering a quick spot to enter here.

$SILC is a bit messier, however, I like the extremely low volume line forming right now, so this made the list today