Antero Resources Corporation
Antero Resources Corporation (AR) is a $7 billion oil and gas exploration and production company operating out of the Appalachian Basin and Upper Devonian Shale.
Here’s how the chart is setting up…
And here’s how the stock is setting up with my Stock Surge Indicator (SSI):
- Surge score: 98/100
- % Above 52-wk low: 189%
- Sales growth: +83%
- Triple momentum: yes
Fundamentally, Antero is showing accelerating quarterly growth in both sales and earnings.
Shares are also making new highs while the markets are selling off, which is a clear sign of relative strength.
Oil and gas names remain strong, and AR is one of a small handful breaking out from a buyable position.
Zeta Global Holdings Corp.
Zeta Global Holdings Corp. (ZETA) is a $2 billion cloud software company that aims to provide corporate clients with consumer intelligence and marketing automation solutions.
Here’s how the chart is setting up…
And here’s how the stock is setting up with my SSI:
- Surge score: 98/100
- % Above 52-wk low: 119%
- Sales growth: +21%
- Triple momentum: yes
Zeta is a recent initial public offering (IPO) showing a lot of strength on good volume over the last several weeks.
After a 58% surge in just 13 days, price is consolidating in a tight range.
If ZETA can break out into new high ground, this one is worth the 9% downside risk.
Note that earnings are due on Feb. 23, after the close. I suggest waiting until Thursday morning before considering a buy.
As long as ZETA does not gap up big, this could be a buy in the mid-$12 range.
SMART Global Holdings, Inc.
SMART Global Holdings, Inc. (SGH) is a $1.4 billion semiconductor company that designs and manufactures memory and computing modules for a range of technology applications.
Here’s how the chart is setting up…
And here’s how the stock is setting up with my SSI:
- Surge score: 90/100
- % Above 52-wk low: 39%
- Sales growth: +61%
- Triple momentum: no
SGH is a less traditional setup designed to get in early on the turn higher.
The stock recently broke its downtrend and is now forming a small base in the $26-$29 range.
It also held its crucial 200-day moving average, which is still sloping upward.
Volume has also dried up in a big way, which could be a sign that selling has subsided.
I’m looking for a break above $29.45, preferably on volume of one million shares or more.
Lastly, if you’d like a step-by-step walkthrough on how to best take advantage of trades like these…
Be sure to check out my article, How to Follow My Weekly Trades, to know where I’m buying or shorting so that you can follow along.
