StockFetcher Forums · General Discussion · breakout Miketranz<< >>Post Follow-up
jrbikes
624 posts
msg #60886
Ignore jrbikes
modified
3/30/2008 11:23:29 AM

Dear Mike!

Jrbikes here, this is a scan I went back and looked at, I have refined these so many times that I get confuse, (my nature) when you ask for a filter to define the breakout, there is really not one that will put you right at the break, well there may be but I cant find it, I believe these stocks that run up like this run is 3 cycles 20 day, 40 day, and 60 days, thats just my observation, the key is the Resistance points, I really like Bigcharts interactive charts, they are more linear than SF charts, gives a better feel for these penny swing trades, anyway, try this!

Fetcher[

Show stocks where the RSI(14) has crossed above 50 in the last 20 days and the MFI(14) is above 0 and the price is between .01 and 1 and the volume is above 250000
]



You will have to scan through the charts to get a feel for the ones you want, thats what I have to do, for now, that will change, I am working on something for these stocks!

change this to 40 days and then 60 days, you will see the runners on there, like I said the key is the resistance points, this is just my opinion and as you know, its not much! good luck, if you find some, share with me, I have put about 15 on a watch list, if you want it I can post it! these are the only type of trades I am focusing on, like they say, pick one strategy and try to master that, its the only one that fits my personality, man I cant daytrade, good luck, any feedback appreciated
oh yeah, I forgot, I usually do these in 10 cent increments, I just put .01 to 1 for the heck of it, .01 to .50 usually works better, sorry!

miketranz
671 posts
msg #60922
Ignore miketranz
3/31/2008 8:45:21 PM

JR,thanks alot,I'll ck it out.Mike......

jrbikes
624 posts
msg #60923
Ignore jrbikes
modified
3/31/2008 9:37:43 PM

kinda long winded, aint I?

Watch

DLTM*
TLVA
HMIT*
AQUI
HSOA*
XDSL

WTSLA last week!

Fetcher[

show stocks where the RSI(14) crossed above 80 in the last 20 days and the MFI(14) is above 0 and the price is between .01 and .50 and the volume is above 250000
]



Fetcher[

show stocks where the RSI(14) crossed above 80 in the last 20 days and the MFI(14) is above 0 and the price is between .51 and 1 and the volume is above 250000
]



play with the day settings and the RSI settings, enough said!

Resistance is key!

StockFetcher Forums · General Discussion · breakout Miketranz<< >>Post Follow-up

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