Does this stock meet my 8 point scan criteria? Yes Structural Checklist 1. Can one my proven price patterns be identified? Yes, a Low Cheat 2. Is the 50D SMA trending up? Yes 3. Has price moved >20% since its last consolidation? Yes 4. Is the weekly RS above its Zero Line? Yes 5. Does price action suggest the stock is consolidating / digesting the recent price...
Scan Criteria Does this stock meet my 8 point scan criteria? Yes Structural Checklist 1. Can one my proven price patterns be identified? Yes, a Low Cheat 2. Is the 50D SMA trending up? Yes 3. Has price moved >20% since its last consolidation? Yes 4. Is the weekly RS above its Zero Line? Yes 5. Does price action suggest the stock is consolidating / digesting the...
Currently developing its pivot at low cheat level, I'm looking forward to seeing a breakout soon.
The stock forms its pivot low cheat, I like to see a breakout to enter my starting position here.
I've determined my mathematical stops, I do like how the stock moves so far when its price action develops so tight on the right side. Well, I am watching this closely.
A primary base, I'll set my starting position if it breaks that pivot level.
Bought a starting position today at low cheat pivot, I like to see if it can hold up or follow-through.
Currently developing a very tight pivot of a cheat completion here, I am watching at this stock very closely now.
After NYSE:PSB topped in mid-April has been forming a long base. I see a "low cheat" with a breakout above $168.88 with a good follow through above $165 resistance zone. Today is making that second breakout and could be a good day to get in the stock. I'll be waiting for volume confirmation. NYSE:PSB has a IBD relative strength rating of 77. Is not the...
Low cheat plays don't really work out very often these couple of months. But I like the price action in this stock. Setting up a pivot area on low cheat with volume decreasing, a good sign.
Setting up a low cheat area, the stock has an inside day. I put this on my high on deck list, watching now.
RANC offers another pivot at a low cheat area with a very small risk, I am expecting some breakout in the next few days.
Setting up a low cheat here, I like the commonalities compared to the latest low cheat buy area. Accompanied by huge vol on advanced and lower vol on a pullback. More tightness in price in upcoming days is a good sign, this stock is on my watch now.
Very interesting name that setting up a low cheat pivot area. The stock has the Code 33 , I also can see a double bottom there. I am watching closely.
A very profound example of VCP that I missed a few weeks ago, now it develops another buy point at a pullback here. The commonalities at its both pivot area are fascinating. I like to see a breakout very soon.
Buying on a pullback today, I have a position with very low risk. The stock has code 33 on fundamental, I like to see some follow-throughs and tennis ball action here.
I have been stopped out twice on this stock since its power play base failure a couple of weeks ago. FLMC is now re-setting and developing its low cheat base, offering me to enter a trade once again. I really like the inside day on this stock.
Early primary base after it went IPO two weeks ago in small cheat area. Stock will likely go break out pivot area across that previous inside day.