I probably would not have found this attractive stock, U.S. Concrete (USCR), if I was not alerted by TheStreet's quantitative service.
USCR, chart above, was in a strong uptrend until December. Prices then corrected down to a January low and now we have had a recovery back toward the 52-week high. USCR is back above the rising 50-day and 200-day moving averages. The Moving Average Convergence Divergence (MACD) oscillator is in a positive position above the zero line. The only indicator not yet in gear is the On-Balance-Volume (OBV) line, which is still pointed down.
You have to like this longer-term chart of USCR, above. Prices are above the rising 40-week moving average. The OBV line on a weekly basis is pointed up, which tells us the buyers are aggressive and buying more USCR on weeks when the company closes higher. The MACD oscillator is close to a bullish crossover above the zero line. All good. Traders could go long USCR on a daily and a weekly close above $60, which risks a decline back to $55.