StockFetcher Forums · General Discussion · VERRY BULLISH CANDLE PATTERN ON WEEKLY CHART<< >>Post Follow-up
TOMMYJR9
7 posts
msg #99044
Ignore TOMMYJR9
2/11/2011 4:05:06 PM

I am looking at (LOCM) weekly candles ,and the last 5 weeks are forming a pattern (bullish) but I don't know it's name. Any help for me ?

mystiq
650 posts
msg #99048
Ignore mystiq
2/11/2011 8:43:35 PM

---whatever it is...it looks tradeable!

TOMMYJR9
7 posts
msg #99073
Ignore TOMMYJR9
2/13/2011 2:50:17 PM

This is even better because it comes after a doji candle

TOMMYJR9
7 posts
msg #99079
Ignore TOMMYJR9
2/13/2011 4:06:16 PM

Ok , i have watched this stock since 11/2010 what I see I a old market maker trick and it is this they will buy 20k 30k 40k etc etc make it pop 3-4-5 cents then close the candle hitting the bid on 400 -500 shares so the candle looks like a doji or a topping tail. Buy on big volume and close it on small shares. Also the weekly candle was ALMOST a full green candle last week but it was closed at the end of Friday as a topping tail and the topping tail was formed with about 60k shares so it is a non event also no one wants to hold over the weekend .

mystiq
650 posts
msg #99114
Ignore mystiq
2/15/2011 3:34:44 AM

very intersting...will keep a close watch on it. NOW it looks like it is waiting to move when noone looks.

djones000buck
206 posts
msg #99443
Ignore djones000buck
modified
3/1/2011 6:10:40 PM

Fetcher[


/* Pick a trigger, this case average day range*/
set{rz10, count(average day range(2) crossed below average day range(4),1)}

/* Set Trigger */
set{trigger0, count(rz10 > .9,100)}
set{trigger00, count(rz10 > .9,1)}
set{trigger1, count(rz10 one day ago > .9,1)}

/* Close Statements */
set{1pc1d, close 1 day ago * 1.01}

/* High Statements */
set{1phiopc1, count( high > 1pc1d,1)}

/* Trigger Statements */
set{t1p, count( trigger1 > .9,1)}
set{t1pa, t1p + 1phiopc1}
set{1pt1, count( t1pa > 1.9,1)}

/*Add variables to determine if percentages hit day 1 */
set{1ptvar1, count(t1pa > 1.9,100)}

/*Get 1P in 1D */
set{get1p, 1ptvar1 / trigger0}

add column get1p
average volume(90) > 500000
price > 2
get1p > .49
get1p < 1.01
get1p one day ago > .89

and draw trigger00
and draw 1pt1
and draw get1P

and draw wma(21)
and draw bollinger bands(10,.1)
sort column 5 descending

]



Ran across this pattern in LOCM

TOMMYJR9
7 posts
msg #99499
Ignore TOMMYJR9
3/5/2011 1:14:18 PM

thanks for the filter scan , i cant get it to work, please guide me, error message says (Your StockFetcher filter exceeds filter performance restrictions.
To run this filter, please upgrade to the StockFetcher Advanced subscription level.) ??? and what does this filter do ? thanks tommy



StockFetcher Forums · General Discussion · VERRY BULLISH CANDLE PATTERN ON WEEKLY CHART<< >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2022 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.