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OC came up on my scan because it had an OSB (oversold bounce) shown by several black dots. It rose on above average volume to an ATH (all-time high). It also met my criteria for a weekly green bar. Note the GLB (green line break-out) in June.

Here is its monthly chart.

And its weekly chart with a green bar. A green bar means it bounced up off of its rising 4 wk avg and its   relative strength reached a 20 week high. OC has had a string of green bars. Advancing stocks hold their rising 4 week average.

Here is DE’s monthly chart showing derivation of green line at ATH not exceeded for at least 3 months. Tan line is prior green line top. MarketSmith says Comp rating=97 with EPS=98 and RS=82.

Here is its daily chart. Would like to see above average volume on any break-out.

While many growth stocks were punished on Thursday, these 4 had promising bounces up off of oversold conditions. Each hit a recent yearly high or ATH (all-time-high). They are worth researching. Here is the list and the daily chart of WWE. Note that WWE is above its last green line top and has also found support at its lower 15.2 daily Bollinger Band. I bought a little in the after market and will exit if it trades below Thursday’s low (104.34).

Here is what a successful OSB set-up looks like.