MANGCHEFER 52 week high pullback retest
Updated
How it has been identified:
Came in the following scanner:
1. Mark Minervini Template.
2. 20 day Kelter channel squeeze.
3. Within 10% of 52 week high zone.
This criteria was met when the scanner was run on 16th September, 2022.
Additional characteristics that were looked at:
1. Volume dry-up on pullback.
2. Fertiliser stocks are in an uptrend.
Came in the following scanner:
1. Mark Minervini Template.
2. 20 day Kelter channel squeeze.
3. Within 10% of 52 week high zone.
This criteria was met when the scanner was run on 16th September, 2022.
Additional characteristics that were looked at:
1. Volume dry-up on pullback.
2. Fertiliser stocks are in an uptrend.
Note
Favourable R:R calculated as per previous 52 week high advance.
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