decipherlinda
133 posts
msg #114395
- Ignore decipherlinda |
7/10/2013 7:50:59 AM
By using a Fast Stochastic, there's a way to buy low at the exact moment stocks are starting a move up. It finds stocks at lows whether it's a long-term low or a short-term pullback (bull flag) with the one main filter below.
I ran it this morning on yesterday's data (a strong up day - with some pullback at the end) and found:
(1) A group of 10 Residential Construction stocks all up 6.39% to 7.55%
(1) Of the 177 stock results:
5 were = or > 6% with the high at 12.21%
6 were 6 to 6.99%
9 were 5 to 5.99%
13 were up 4 to 4.99% or more
9 were up 3 to 3.99%
27 were up 2 to 2.99%
58 were up 1 to 1.99%
40 wee up >0 to.99%
4 were zero or below (failed the move up)
Here's how it worked:
close > 2.99
average volume(20) > 20,000
Fast Stochastic(10) Fast %K crossed above 20
If you're looking for stocks in a sounder state, just change the "20" to "25", "30" or whatever you want
For a list of stocks that will be crossing above %K 20 at some time, change to:
Fast Stochastic(10) Fast %K < 20
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