Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Scanning for Head and Shoulders Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
laertes1a
Posted : Thursday, November 17, 2005 10:07:30 PM
Registered User
Joined: 3/11/2005
Posts: 12
Is there some formula to set up a scan to help find head and shoulders top or bottom formations?
Craig_S
Posted : Thursday, November 17, 2005 10:50:03 PM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
The best method I've found is to locate stocks that have been bouncing in a lateral channel. Often this formation happens at the end of a trend and shapes up into shoulder tops and bottoms.

Check out this video:

Scan for stocks bouncing in a lateral channel

- Craig
Here to Help!
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.