sdcclark
26 posts
msg #41454
- Ignore sdcclark |
2/21/2006 1:49:04 PM
Was this filter set to find and play bulish stocks or shorting, I was in the public filters. first one under technical indicators. developed by "Training Academy"
Show stocks where high reached a new 1 year high
and Average Volume(90) is above 50000
and close is between 30 and 250
and Close above EMA(4)
and Close above EMA(9)
and Close above EMA(18)
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SiriusII
11 posts
msg #41997
- Ignore SiriusII |
3/13/2006 10:52:48 PM
Ran a Backtest. All seemed to reverse to downside. You can follow the recent ones for a few days to see what happens.
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heyen
124 posts
msg #42041
- Ignore heyen |
3/14/2006 5:25:35 PM
The way i read the filter is make a double top... means bounce down twice?
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SiriusII
11 posts
msg #42073
- Ignore SiriusII |
3/15/2006 9:15:44 AM
That would imply some point of Resistance that price cannot penetrate easily. Each of the Backtest stocks showed a decline that lasted for a number of days. Perhaps using Fib numbers could give some indication as to degree of retracement to lows.
PRXL was one of the stocks that showed up on 3/10. On 3/13 it dropped (81) and on 3/14 (52) for a 2 day loss of (1.33). Could have quick Short possibilities.
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