The recent moves in stocks has been incredible to say the least and what we're witnessing now is sellers remorse. There is a tremendous amount of cash on the sidelines and more stocks are breaking out of bullish chart patterns.
That being said, it wouldn't surprise me to see the markets take a breather in here (a combination of profit taking and new money coming in).
A few smaller company stocks that stand out right now technically include; America Service Group (ASGR), John Bean Technology (JBT), Long Top Financial (LFT), Universal Travel (UTA), Bright-Point Education (BPI), Female Health Co. (FHCO), and Recon Technology (RCON). Disclosure, I own shares of all of these.
Sentiment is getting a bit bullish for my liking right now but earlier in the year, when pessimism was at historic extremes, the market kept selling off so it there's no guarantee that this is a game changer.
Have a nice evening!
Arthur Daret