EWZuber
1,373 posts
msg #30243
- Ignore EWZuber |
12/9/2003 9:23:07 AM
Pulled this up on mika's Dragonfly Doji screen, CHRZ. Looks good as a long term play. May try to get into this today for a move to test Trendline Resistance at about $4.15. Not a great percentage but technically looks like a good trade. JMHO
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EWZuber
1,373 posts
msg #30251
- Ignore EWZuber |
12/11/2003 4:39:25 AM
I suspect we are on the verge of a substantial move higher for many stocks. On a screen looking for oversold Weekly and Daily chart, I got 93 hits today. Here's the screen.
Show stocks where Weekly Slow Stochastics(5,3) Fast %K is touching Weekly Stochastics(5,3) Slow %D and Weekly Slow stochastics(5,3) Fast %K is below Weekly Slow Stochastics(5,3) Fast %K 2 Weeks ago and chart is Weekly and Slow Stochastics(5,3) Fast %K is below 25 and Williams %R (14) crossed below -90.00 within the last 1 day and Average Daily Volume(30) is above 100,000 and Volume has been below Average Daily Volume(30) before 1 day ago and Volume is above 100,000 and the close is between .25 and 150
Today the NASDAQ formed a Hanging Man Doji, often indicative of a cycle bottom. JMHO
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EWZuber
1,373 posts
msg #30254
- Ignore EWZuber |
12/11/2003 12:46:43 PM
CHRZ up substantially today.
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risjr
230 posts
msg #30255
- Ignore risjr |
12/11/2003 3:03:07 PM
Hey EW
With 93 Hits, how do you screen/separate the strong prospects from the weak ones?
Thanks is advance
RON
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EWZuber
1,373 posts
msg #30256
- Ignore EWZuber |
12/11/2003 4:34:01 PM
risjr
When it comes down to just a couple choices I look for a stock that closed dead on trendline or moving average support with a Doji Star or Hanging Man type candlestick pattern.
Also look for either declining volume as the stock approached support or a volume spike indicating capitulation.
Also the stock should have good volitility and average daily volume. Good fundamentals too.
Hourly chart needs to be oversold and preferably the 5 minute chart also.
Or a very small move above short term trendline resistance on the 5 minute chart is also good, indicating that this one has a very high probability of continuing the move next session ( while oversold on the hourly chart ).
What was interesting about the number of returns from the filter is that it was telling me that the market was ripe for a bounce, which it turns out it was.
Also running a basic 52 Week high and a 52 Week low filter just to keep track of the balance. It's very interesting.
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TheRumpledOne
6,529 posts
msg #30258
- Ignore TheRumpledOne |
12/11/2003 5:05:39 PM
Hey EWZuber:
Happy to see you are taking profit.
Check out the 5 day intraday chart for BNSOZ.
MAY ALL YOUR FILLS BE COMPLETE.
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txtrapper
548 posts
msg #30260
- Ignore txtrapper |
12/11/2003 7:09:38 PM
Zuber, man you nailed the move higher today! Good Work and Insight.
Here's a site I check each morning BEFORE the bell. It displays NASDAQ-100 Pre-Market HeatMap.
I also check what Industry the the most active are from......http://screening.nasdaq.com/heatmaps/heatmap_pmi.asp...enjoy!
Take a looka TMAR I got in @ $1.61 today, look at it on a 3year/w and 1year/daily, I believe the stock is breaking out of consolidation and could go much higher. Has both Stochastics/MACD crossovers too.
tx
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txtrapper
548 posts
msg #30261
- Ignore txtrapper |
12/11/2003 7:21:52 PM
HERE ARE THE FOUR HITS FROM MY PERSONAL FILTER FOR TODAY, INCLUDING TMAR!
Symbol Last %Chg Vol RSI(2) Analysis Chart
ISO - ISCO International Inc 0.59 51.28 24559400 90.87 historical 3m , 6m , 1y
RTK - Rentech Inc 1.50 26.05 1594400 86.39 historical 3m , 6m , 1y
TMAR - Trico Marine Servic... 1.84 14.29 1227834 98.86 historical 3m , 6m , 1y
NMN - Nematron Corp 0.25 19.05 557700 79.98 historical 3m , 6m , 1y
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EWZuber
1,373 posts
msg #30279
- Ignore EWZuber |
12/12/2003 4:34:45 PM
txtrapper
I knew about TMAR. I emailed that one for my class on 12/3. Thought the volume and the doji could be indicating capitulation.
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EWZuber
1,373 posts
msg #30299
- Ignore EWZuber |
12/15/2003 4:04:57 AM
ZILA, might be a good one to put on the radar. This is a turn around play. Last 3 quarters have been very good and a dramatic improvement. Stock has responded accordingly up about 450% since May.
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