whirl 11 posts msg #41651 - Ignore whirl |
2/28/2006 10:33:00 PM
I'm sure this has been done before but I dont know what it's called.
Looking for stocks that are consolidating in a VERY narrow range for at least 3 days, but RSI(5) has been increasing while the price sits still. Eventually when the stocks breaks out of the range, I set an alert, buy the stock and have a super quick profit. Perhaps 200,000 volume minimum would help too.
INNO on 2/10-14/06 was an example, NAUC on 2/23-27/06 another one. How to build this filter thanx.
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