jrbikes 624 posts msg #105256 - Ignore jrbikes |
3/5/2012 7:51:56 AM
all I got is 3 filters, if you base your filter off a 52 week low, then watch for the consolidation and the break out then y ou can catch a lot of them, the standard S and A with volume and RSI and patterns like flags and ascending triangles and breaks over resistance, just draw some lines man, I gave up on all that fancy stuff!
now look for the first set up where the MA.s are line up in this order then look at the first pull back and consolidation, then the break over that first high off of the consolidation, look at CDCAQ, it is perfect! only way to catch them is to buy on the consolidation, or that first break over the recent high, then chart them with trend line and patterns and watch for the breaks over the established pattern, works in all stocks even pennies, just can't use stops in pennies, I personally believe t hat if you did this with the Q.s, you could do really well! exits are RSI(14) over 80 or climactic volume, you can tell, just sell when you reach a 100% over buy in! LOL!
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