The broader market enjoyed a nice reaction rally after Tuesday’s decline, but more strength could be seen ahead. Here’s three stocks to watch for another round of strength.
American Eagle Outfitters ($AEO) has been extremely bearish over the last six months of trading, with price dropping from $19 to $12 during this time. As such, many of the recent rallies in this stock have been great selling opportunities. The recent advance is no different, as selling pressure could push price back toward $12.