the us stock market has weakened throughout tuesday’s trading session and the major indices were sitting near session lows heading into the closing bell the price action in the spdr sp 500 etf spy has dragged the broad index below a 10day trading range and could be a harbinger of more losses to close out the week as traders and investors have been looking for a technical move to determine nearterm momentum nevertheless the market has been holding up quite well despite plenty of headwinds and prognostications of gloomy days ahead on wall street it seems just as possible that tuesday’s price action with spy last trading down around 150 is nothing more than a small lull in intermediate momentum which has been to the upside there are plenty of stocks that are showing bullish technicals and could be poised to break out to new 52week highs in the coming days here is a look at five of the more promising setups for the coming trading days beazer homes usa bzh – homebuilder stocks have been seeing strong momentum in recent months driven in part by investor expectations that fed rate hikes are unlikely to continue and that the central bank may actually pivot and cut rates in the second half of the year the stock is up almost 31 so far in 2023 and has surged better than 15 in the past month alone late on tuesday bzh was trading at 1702 traders will want to keep an eye on the 1732 level in the coming days as this would represent a new 52week high in the name and a breakout to the upside could send bzh to the 2000 level in the near term hovanian enterprises hov – like the previous name hovanian is a united states home builder that appears set to take out its 52week high the stock has run into some resistance as it approaches its previous high of 7450 but the technical picture remains quite promising and a breakout appears imminent hov is up more than 9 over the last month and momentum traders should have this name on their radars for the rest of the week legend biotech corp legn – legend shares have surged better than 46 over the last month on the back of positive drug data the stock has taken a bit of a breather over the last couple of trading sessions but there is a very defined level at 7000 that traders should be watching a push above this area on continued heavy volume would be a great indication that the momentum in legn is set to continue las vegas sands lvs – the oneyear chart in lvs is very bullish although the company’s longerterm performance leaves something to be desired the stock is sitting near 52week high levels after climbing nearly 27 in 2023 thus far volume in the name has been picking up in recent sessions and its price is trending well above all major moving averages with no nearterm trendline resistance ahead for lvs a potential catalyst for the stock would be any positive economic data that suggests the american consumer is holding up better than anticipated amid historic inflation and rising interest rates molson coors beverage co tap – the story here is one of nearterm momentum despite an uncertain market environment the stock has shot up almost 15 over the last month and closed tuesday’s session at 5871 just under a 52week high of 6012 tap shares have closed higher in 10 of the last 11 trading sessions and it would appear that the stock is setting up for a powerful breakout above 6000 in the coming days